Who we need
The Third-Party Management Analyst will be accountable to support third-party risk management, sourcing, and procurement. You will act as a liaison to internal and external stakeholders, focusing on mitigating third-party risk throughout the third-party lifecycle. Part of your role will support reviewing and drafting business requirements in legal documents, such as service level agreements (SLAs) and statements of work (SOWs), working closely with the legal, risk, and compliance teams.
The Third-Party Management Analyst will be accountable to support third-party risk management, sourcing, and procurement. You will act as a liaison to internal and external stakeholders, focusing on mitigating third-party risk throughout the third-party lifecycle. Part of your role will support reviewing and drafting business requirements in legal documents, such as service level agreements (SLAs) and statements of work (SOWs), working closely with the legal, risk, and compliance teams.
What you will do
- Understand practices and procedures for managing third-party arrangements throughout their lifecycle, in line with relevant frameworks, policies, and standards;
- Support third-party due diligence by ensuring security protocols are followed and coordinating with vendors and internal stakeholders;
- Participate in vendor meetings to evaluate and support existing and potential vendors;
- Handle vendor escalations, identify issues, and monitor trends to reduce risk per Third-Party Risk Management (TPRM) guidelines;
- Issue, track, and log vendor non-conformance reports and Change Order requests;
- Assist in developing or implementing SLAs, SLOs, KPIs, and other commitments to mitigate risk and enhance service efficiency;
- Monitor and test TPRM processes to align with Enterprise Risk Management, ensuring operational resilience and cyber risk oversight;
- Create and collaborate on sourcing documents (e.g., RFPs, RFQs) for project and business-as-usual needs;
- Manage confidential correspondence and escalate issues as necessary;
- Enter vendor information, manage contracts, administer the TPRM system, and report on key performance indicators.
What you will bring
- The education. Undergraduate degree or college diploma in business, finance, or related field;
- The experience. Minimum 2-5 years of experience in similar sourcing/procurement and/or financial environment;
- The skills. Superior interpersonal and client service skills and comfortable working with senior executives, internal clients, and external stakeholders (e.g., clients, vendors). At ease with confidentiality. Excellent verbal and written communication skills, including the ability to solicit cooperation without authority. Great attention to accuracy and detail along with exceptional analytical skills. Ability to develop strong professional relationships;
- The drive. Self-starter who takes initiative with exceptional organizational and time management skills, and who works efficiently with minimum supervision. Fast learner and creative problem solver with great ability to multi-task. Ability to maintain a fast pace and manage multiple demands under pressure by prioritizing, being practical and results oriented. High level of service orientation with the ability to problem solve independently and practically.
Why join?
When you're a part of Securian Canada, you're a member of an agile and innovative, high-performing, bright-thinking, make-things-happen culture - so that together, we can discover the art of possible.
At our company, we see your potential on day one and challenge you to grow your unique strengths as you create a career filled with opportunity, collaboration, and purpose.
You'll also be part of a team that's committed to diversity, equity, and inclusion, and who values diverse perspectives, so that you can be the person you want to be - both in, and outside, work.
Securian Canada offers a competitive total rewards program with a variety of perks and benefits, including:
- Flexible work arrangements with monthly financial allocations to support your work-life balance;
- Generous starting paid vacation time, plus additional vacation days for every year of service;
- Paid volunteer day so you can dedicate time to a cause you are passionate about;
- Paid personal and wellness days to support your total wellbeing;
- Educational assistance of up to $3,500 a year (with approval from your manager);
- Flexible health and wellness account (in addition to comprehensive drug and dental coverage)
to help pay for a wide range of wellbeing services that are meaningful to you; - Up to 14% of combined contributions to the RRSP matching program;
- Family-friendly maternity/parental leave and,
- Many, more benefits, perks and programs.
If you have at least 70% of the qualifications we're looking for, want to work in a fast-growing, leading and progressive company, and feel driven to help Canadians and their families build secure futures - we want to hear from you!
Take the first step in building your future with Securian Canada. Apply now.
Securian Canada is committed to providing a barrier-free work environment and equal access to employment for all qualified applicants. As such, upon request, Securian Canada will work with applicants that require reasonable accommodations during the recruitment process. Please contact careers@securiancanada.ca for accommodation requests. All information shared during any accommodation request process will be stored and used only in a manner that is consistent with applicable laws and Securian Canada/Canadian Premier Life Insurance Company policies.
About Securian Canada
Who we are - and who we're here for
We're here for all Canadians and their families - however they define family. Our practical, life-ready insurance and protection solutions are designed to help provide financial security, so that Canadians can spend more time making every moment count.
For more than 65 years, we've been giving Canadians the confidence to face life's uncertainties. With offices in Toronto, Montreal, Burnaby, Waterloo and Winnipeg, Securian Canada brings together strong local roots and expertise, a North American footprint, and a global perspective - all while innovating at the speed the markets we serve expect.
Together with our U.S. parent company, Securian Financial, we are a leading insurance provider in the Canadian Financial Institution and Association & Affinity markets. We offer insurance solutions built with genuine care - providing specialized experiences to those we serve.
What we do every day to be our very best
Every day at Securian Canada means a day spent helping Canadians and their families build secure tomorrows. We're agile and innovative, and we aren't afraid to challenge and create, or bring diverse perspectives to our work.
Third-party Risk Management Analyst
October 31 2024
Industries
Bank, Insurance, Financial services
Categories Bank, Insurance, Financial services, Credit, Risk, Management, Administration
Waterloo, ON • Full time
Who we need
The Third-Party Management Analyst will be accountable to support third-party risk management, sourcing, and procurement. You will act as a liaison to internal and external stakeholders, focusing on mitigating third-party risk throughout the third-party lifecycle. Part of your role will support reviewing and drafting business requirements in legal documents, such as service level agreements (SLAs) and statements of work (SOWs), working closely with the legal, risk, and compliance teams.
The Third-Party Management Analyst will be accountable to support third-party risk management, sourcing, and procurement. You will act as a liaison to internal and external stakeholders, focusing on mitigating third-party risk throughout the third-party lifecycle. Part of your role will support reviewing and drafting business requirements in legal documents, such as service level agreements (SLAs) and statements of work (SOWs), working closely with the legal, risk, and compliance teams.
What you will do
- Understand practices and procedures for managing third-party arrangements throughout their lifecycle, in line with relevant frameworks, policies, and standards;
- Support third-party due diligence by ensuring security protocols are followed and coordinating with vendors and internal stakeholders;
- Participate in vendor meetings to evaluate and support existing and potential vendors;
- Handle vendor escalations, identify issues, and monitor trends to reduce risk per Third-Party Risk Management (TPRM) guidelines;
- Issue, track, and log vendor non-conformance reports and Change Order requests;
- Assist in developing or implementing SLAs, SLOs, KPIs, and other commitments to mitigate risk and enhance service efficiency;
- Monitor and test TPRM processes to align with Enterprise Risk Management, ensuring operational resilience and cyber risk oversight;
- Create and collaborate on sourcing documents (e.g., RFPs, RFQs) for project and business-as-usual needs;
- Manage confidential correspondence and escalate issues as necessary;
- Enter vendor information, manage contracts, administer the TPRM system, and report on key performance indicators.
What you will bring
- The education. Undergraduate degree or college diploma in business, finance, or related field;
- The experience. Minimum 2-5 years of experience in similar sourcing/procurement and/or financial environment;
- The skills. Superior interpersonal and client service skills and comfortable working with senior executives, internal clients, and external stakeholders (e.g., clients, vendors). At ease with confidentiality. Excellent verbal and written communication skills, including the ability to solicit cooperation without authority. Great attention to accuracy and detail along with exceptional analytical skills. Ability to develop strong professional relationships;
- The drive. Self-starter who takes initiative with exceptional organizational and time management skills, and who works efficiently with minimum supervision. Fast learner and creative problem solver with great ability to multi-task. Ability to maintain a fast pace and manage multiple demands under pressure by prioritizing, being practical and results oriented. High level of service orientation with the ability to problem solve independently and practically.
Why join?
When you're a part of Securian Canada, you're a member of an agile and innovative, high-performing, bright-thinking, make-things-happen culture - so that together, we can discover the art of possible.
At our company, we see your potential on day one and challenge you to grow your unique strengths as you create a career filled with opportunity, collaboration, and purpose.
You'll also be part of a team that's committed to diversity, equity, and inclusion, and who values diverse perspectives, so that you can be the person you want to be - both in, and outside, work.
Securian Canada offers a competitive total rewards program with a variety of perks and benefits, including:
- Flexible work arrangements with monthly financial allocations to support your work-life balance;
- Generous starting paid vacation time, plus additional vacation days for every year of service;
- Paid volunteer day so you can dedicate time to a cause you are passionate about;
- Paid personal and wellness days to support your total wellbeing;
- Educational assistance of up to $3,500 a year (with approval from your manager);
- Flexible health and wellness account (in addition to comprehensive drug and dental coverage)
to help pay for a wide range of wellbeing services that are meaningful to you; - Up to 14% of combined contributions to the RRSP matching program;
- Family-friendly maternity/parental leave and,
- Many, more benefits, perks and programs.
If you have at least 70% of the qualifications we're looking for, want to work in a fast-growing, leading and progressive company, and feel driven to help Canadians and their families build secure futures - we want to hear from you!
Take the first step in building your future with Securian Canada. Apply now.
Securian Canada is committed to providing a barrier-free work environment and equal access to employment for all qualified applicants. As such, upon request, Securian Canada will work with applicants that require reasonable accommodations during the recruitment process. Please contact careers@securiancanada.ca for accommodation requests. All information shared during any accommodation request process will be stored and used only in a manner that is consistent with applicable laws and Securian Canada/Canadian Premier Life Insurance Company policies.
About Securian Canada
Who we are - and who we're here for
We're here for all Canadians and their families - however they define family. Our practical, life-ready insurance and protection solutions are designed to help provide financial security, so that Canadians can spend more time making every moment count.
For more than 65 years, we've been giving Canadians the confidence to face life's uncertainties. With offices in Toronto, Montreal, Burnaby, Waterloo and Winnipeg, Securian Canada brings together strong local roots and expertise, a North American footprint, and a global perspective - all while innovating at the speed the markets we serve expect.
Together with our U.S. parent company, Securian Financial, we are a leading insurance provider in the Canadian Financial Institution and Association & Affinity markets. We offer insurance solutions built with genuine care - providing specialized experiences to those we serve.
What we do every day to be our very best
Every day at Securian Canada means a day spent helping Canadians and their families build secure tomorrows. We're agile and innovative, and we aren't afraid to challenge and create, or bring diverse perspectives to our work.
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