Procurement Risk Manager

4 weeks ago

Hartford CT United States MassMutual Full time

Risk Manager, Procurement Shared Services Full-Time, Boston, MA or Springfield, MA The Opportunity As a Procurement Risk Manager, we need your experience and leadership to partner closely with teams in the MassMutual’s Procurement Organization and cross-functional stakeholders to manage third party risk in the first line of defense. The core function of Procurement Risk is being built out and will be responsible for consolidating risk management practices across our key supplier and business units and will do so in collaboration with risk stakeholders and the second line of defense Third Party Risk (TPRM) team. Procurement is category-aligned to four main category or business unit teams. The goal of this role will be to own overall and, together with a team of individual contributor risk specialists, to enable and actively deliver excellent risk management for the suppliers in one of those category teams. The role reports to the Head of Procurement Risk, which will set the overall strategy, direction and priorities of the entire team and the function overall. In this role, as well as all roles within MassMutual, you will demonstrate accountability, agility, a dedication to be inclusive, a strong business acumen, and will show courage, even in the most difficult situations. We also highly value strong communication skills, a passion for learning, leadership traits, resilience and self-awareness. The Team On the MassMutual Procurement team, we have a goal to enable MassMutual’s mission and vision by providing the right supplier solution at the right time. Our mission is to streamline the procurement process, align supplier partners to meet business needs and continuously increase the value provided to our policyholders. We have embarked on an extensive maturity of our procurement operating model with a focus on standardization, implementing industry best practices and reducing supplier spend. The Impact Develop, implement, own and execute third party risk management processes in coordination with the Head of Procurement Risk and in alignment with Mass Mutual’s Third Party Risk Management Frameworks. You will leverage risk data and third party risk systems to monitor, manage and report out on third party risk. Lead these processes and manage third party risks overall for one of Procurement’s category teams, working closely and collaborating well with your teammates. Own initial and ongoing risk due diligence across the phases of the third party lifecycle in your category area Manage the work of a team of other performers that may be located both domestically and offshore; some might be indirect vs. direct reports Partner with key risk owners across MassMutual. This may be second line of defense teams (Operational and Enterprise risk or Corporate Compliance) to establish clear roles and responsibilities; it may also be other first line risk owners (e.g. Cybersecurity, Data Protection & Privacy, Law, etc.). Operate as the escalation point for your team, including being seen as a ‘go-to resource’ for the Category and Supplier Managers your will be supporting. Specific functions include:Classifying and tiering of third parties according to an inherent risk profile Gathering risk assessment data on third parties and managing it in the risk system of record Lead supplier risk and issue management, including remediation actions and mitigation plans when risks or events are identified Develop risk dashboarding capabilities for all suppliers in your category Understanding and tracking of various types of third-party risks and controls (e.g., financial, legal/regulatory compliance, geographic, 4th party and concentration risk) Partnering with Contract Managers to understand contractual risks Influence suppliers and business partners to ensure compliance with risk management policies, and to drive findings and violations to closure The Minimum Qualifications A bachelor's degree 5+ years of experience in managing the risk and compliance issues associated with third parties in a financial services setting The Ideal Qualifications MBA, JDA or other advanced degree is desirable Professional qualifications that may include:Certified Professional in Supply Management (CPSM) Certified Third-Party Risk Professional (CTPRP) Certified Information Systems Certifications (CISA, CISSP) Familiarity with supplier performance management and governance concepts, applications and services Experience developing and completing third party risk assessments and scorecards Strong business background; experience gathering and interpreting risks and associated impacts in context of financial and operational concerns Strong understanding of complex third party risk topics such as information security and regulatory compliance requirements and the standards that reflect them (e.g., SOC1, SOC2, ISO 27001, NIST, etc.) Strong background in Operational Risk principles, General Risk & Compliance (GRC) systems and various technologies focused on managing ongoing third party risks Previous experience in financial services / insurance industry third party risk function and related regulatory requirements/frameworks Leadership and management of mixed staffing models with remote and offshore / outsourced team members What to Expect as Part of MassMutual and the Team Regular meetings with the Procurement Team Focused one-on-one meetings with your manager Access to mentorship opportunities Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups Access to learning content on Degreed and other informational platforms Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits #LI-DM2 MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status. If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

  • Procurement Risk Manager

    1 day ago

    Hartford, CT, United States MassMutual Full time

    Risk Manager, Procurement Shared ServicesFull-Time,Boston, MA or Springfield, MAThe OpportunityAs a Procurement Risk Manager, we need your experience and leadership to partner closely with teams in the MassMutual’s Procurement Organization and cross-functional stakeholders to manage third party risk in the first line of defense.  The core function of...

  • Procurement Risk Manager

    1 day ago

    Worcester, MA, United States MassMutual Full time

    Risk Manager, Procurement Shared ServicesFull-Time,Boston, MA or Springfield, MAThe OpportunityAs a Procurement Risk Manager, we need your experience and leadership to partner closely with teams in the MassMutual’s Procurement Organization and cross-functional stakeholders to manage third party risk in the first line of defense.  The core function of...

  • Procurement Contract Manager

    5 hours ago

    Hartford, CT, United States MassMutual Full time

    Procurement Contract Manager Procurement Team Full-time Does the idea of coordinating among business owners, legal, IT and others to develop effective commercial contracts interest you? MassMutual is hiring for an experienced business professional with substantial contract drafting and negotiation experience. This role involves understanding the...

  • Procurement Contract Manager

    5 hours ago

    Hartford, CT, United States MassMutual Full time

    Procurement Contract Manager Procurement Team Full-time Springfield, MA , Boston, MA The Opportunity Do you thrive in a fast-paced environment where you have wide latitude to make impactful decisions? Does the idea of coordinating among business owners, legal, IT and others to develop effective commercial contracts interest you? Do you enjoy a role...

  • Procurement Consultant

    1 day ago

    Hartford, CT, United States MassMutual Full time

    Procurement ConsultantFull-TimeBoston, MA or Springfield, MAWe have positions open on across different teams - Enterprise Technology, HR and Law, Investment Management, Procurement Strategy. The OpportunityCome Join Us! We have a role which will enable you to work with a dynamic and growing Procurement team. As a Procurement Consultant, you will be...

  • Procurement Contract Associate Manager

    1 day ago

    Hartford, CT, United States MassMutual Full time

    Procurement Contract Associate ManagerProcurement TeamFull-time Springfield, MA, Boston, MAThe OpportunityDo you thrive in a fast-paced environment where you have wide latitude to make impactful decisions?  Does the idea of coordinating among business owners, legal, IT and others to develop effective commercial contracts interest you?  Do you enjoy a role...

  • Risk Manager

    3 weeks ago

    Hartford, CT, United States XL Group Full time

    DescriptionRisk Manager - Financial Risk Management UK - London, US - Stamford, New York or HartfordThe Risk Manager is key in supporting the Financial Risk Center of Excellence (FRM COE). The position will focus on the identification, assessment, measurement, monitoring, management and reporting of all credit and country risk embedded activities undertaken...

  • Procurement Contract Manager CT

    4 weeks ago

    Hartford, United States MassMutual Full time

    Procurement Contract Manager Procurement Team Full-time Springfield, MA, Boston, MA The Opportunity Do you thrive in a fast-paced environment where you have wide latitude to make impactful decisions? Does the idea of coordinating among business owners, legal, IT and others to develop effective commercial contracts interest you? Do you enjoy a role that...

  • Procurement Contract Associate Manager

    2 days ago

    HARTFORD, United States MassMutual Full time

    Procurement Contract Associate ManagerProcurement TeamFull-time Springfield, MA, Boston, MAThe OpportunityDo you thrive in a fast-paced environment where you have wide latitude to make impactful decisions?  Does the idea of coordinating among business owners, legal, IT and others to develop effective commercial contracts interest you?  Do you enjoy a role...

  • Procurement Manager

    2 weeks ago

    Hartford, United States Kitchen Brains Full time

    Founded in 1969, KitchenBrains, continually leads the industry in the design, development, manufacturing and deployment of controls, monitors, sensors and IoT connectivity for foodservice outlets and original equipment manufacturers (OEMs) that reduce costs, drive productivity, and increase guest satisfaction. Kitchen Brains brands, including (FAST.),...

  • Technology Risk Manager

    2 weeks ago

    Hartford, CT, United States The Hartford Financial Services Group Full time

    Manager Information Security - IS07CEWe’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.   We are looking for a Technology...

  • Procurement Contract Manager

    1 day ago

    Worcester, MA, United States MassMutual Full time

    Procurement Contract ManagerProcurement TeamFull-time Springfield, MA, Boston, MAThe OpportunityDo you thrive in a fast-paced environment where you have wide latitude to make impactful decisions?  Does the idea of coordinating among business owners, legal, IT and others to develop effective commercial contracts interest you?  Do you enjoy a role that...

  • Procurement Contract Manager

    1 day ago

    Springfield, MA, United States MassMutual Full time

    Procurement Contract ManagerProcurement TeamFull-time Springfield, MA, Boston, MAThe OpportunityDo you thrive in a fast-paced environment where you have wide latitude to make impactful decisions?  Does the idea of coordinating among business owners, legal, IT and others to develop effective commercial contracts interest you?  Do you enjoy a role that...

  • Procurement Consultant

    1 day ago

    Worcester, MA, United States MassMutual Full time

    Procurement ConsultantFull-TimeBoston, MA or Springfield, MAWe have positions open on across different teams - Enterprise Technology, HR and Law, Investment Management, Procurement Strategy. The OpportunityCome Join Us! We have a role which will enable you to work with a dynamic and growing Procurement team. As a Procurement Consultant, you will be...

  • Procurement Contract Associate Manager

    1 day ago

    Worcester, MA, United States MassMutual Full time

    Procurement Contract Associate ManagerProcurement TeamFull-time Springfield, MA, Boston, MAThe OpportunityDo you thrive in a fast-paced environment where you have wide latitude to make impactful decisions?  Does the idea of coordinating among business owners, legal, IT and others to develop effective commercial contracts interest you?  Do you enjoy a role...

  • Procurement Specialist 1

    4 weeks ago

    Hartford, United States Ppac Full time

    The purpose of this classification is to assist with the planning, coordination, and performance of responsible work related to the District's procurement programs and operations. Work involves procurement related support activities for District purchases in accordance with laws, ordinances, rules, regulations, and other requirements governing procurement....

  • Clinical Risk Manager

    1 week ago

    Hartford, United States Hartford Healthcare Full time

    Description Job Schedule: Full Time Standard Hours: 40 Job Shift: Shift 1 Shift Details: Monday-FridayWork where every moment matters. Every day, almost 30,000 Hartford HealthCare employees come to work with one thing in common: Pride in what we do, knowing every moment matters here. We invite you to become part of Connecticuts most comprehensive healthcare...

  • RISK OFFICER

    5 hours ago

    Stamford, CT, United States AXA Group Full time

    CONTEXTThe General Secretary Department at Group Operations regroups the transversal functions in the areas of Legal, Governance, Compliance, Data Privacy, Risk, Internal Control and Remediation. They are composed of 5 teams with respective accountabilities:·     Legal & Governance·     Compliance & Data Privacy·     Risk & Control·    ...

  • Director Procurement Remote | WFH

    2 days ago

    Hartford, United States Get It Recruit Transportation Full time

    Are you passionate about shaping the future of procurement in a dynamic and impactful organization? We’re searching for a dedicated individual to lead our procurement team, shaping the way we acquire essential goods and services to drive our mission forward. About Us We’re a leading biomedical research institution dedicated to discovering precise genomic...

  • Catering & Procurement Manager

    4 weeks ago

    Hartford, United States Community Renewal Team Full time

    Job DescriptionJob Description Our Mission “Preparing Our Community to Meet Life’s challenges.” We help everyone who comes to our door with resources for both immediate needs and long-term goals. Our network of programs, services, and experiences strengthen individuals, families, and communities and provides opportunities for growth and economic...