The Senior Manager, Third Party Risk Management (TPRM) Policy is a key leadership role embedded ... Establish standards for vendor offboarding that protect Hagerty's data, systems, and operational ...
The Senior Manager, Third Party Risk Management (TPRM) Policy is a key leadership role embedded ... Establish standards for vendor offboarding that protect Hagerty's data, systems, and operational ...
Support ad hoc projects, process enhancements, and targeted initiatives led by the Program Manager to strengthen third‑party risk governance, operational effectiveness, and overall program maturity.
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Support ad hoc projects, process enhancements, and targeted initiatives led by the Program Manager to strengthen third‑party risk governance, operational effectiveness, and overall program maturity.
Compliance with the company Driver Safety Operations and Motor Vehicle Records Check Policy is required. - * Previous Experience: - Minimum two (2) years' previous healthcare risk management, legal ...
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Oversee operational risk management, including fraud prevention, transaction monitoring (in partnership with Compliance), vendor management, and business continuity planning. * Partner with Product ...
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Oversee operational risk management, including fraud prevention, transaction monitoring (in partnership with Compliance), vendor management, and business continuity planning. * Partner with Product ...
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$110K - $135K/yr
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... risk, and innovate. For over 180 years, businesses have trusted us to turn uncertainty into ... Relevant experience in similar role for 5+ years in facilities management, operational and/or ...
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Own operational risk management, business continuity planning, and disaster recovery readiness for transaction services Cross-Functional Leadership * Collaborate with Product Management and ...
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Own operational risk management, business continuity planning, and disaster recovery readiness for transaction services Cross-Functional Leadership * Collaborate with Product Management and ...
... risk, and innovate. For over 180 years, businesses have trusted us to turn uncertainty into ... Establish and maintain high standards for execution, attendee experience, and operational rigor ...
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Lead the global Business Continuity Management program and help drive enterprise operational ... Oversee the enterprise risk register, key risk indicators, emerging risk processes, and executive ...
Lead the global Business Continuity Management program and help drive enterprise operational ... Oversee the enterprise risk register, key risk indicators, emerging risk processes, and executive ...
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Director of Quality and Risk
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Strong understanding of banking regulations, internal controls, audit practices, and operational risk management. * Experience with core banking and loan servicing systems, reporting tools, and ...
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Operational Risk Manager information
See West Virginia salary details
$36.4K - $49.8K
5% of jobs
$57.8K is the 25th percentile. Wages below this are outliers.
$49.8K - $63.1K
33% of jobs
The median wage is $75K / yr.
$63.1K - $76.5K
14% of jobs
$76.5K - $89.9K
14% of jobs
$89.9K - $103.2K
5% of jobs
$112.7K is the 75th percentile. Wages above this are outliers.
$103.2K - $116.6K
6% of jobs
$116.6K - $130K
7% of jobs
$130K - $143.4K
5% of jobs
$143.4K - $156.7K
2% of jobs
$156.7K - $170.1K
8% of jobs
$170.1K - $183.5K
0% of jobs
$36.4K
$93.4K
$183.5K
How much do operational risk manager jobs pay per year?
What Does an Operational Risk Manager Do?
An operational risk manager works to identify and limit the risk associated with a company’s operations. As an operational risk manager, your responsibilities involve assessing business operations, identifying issues, and creating reports on your findings. You then help develop policies and implement changes to lessen operational risks. Other duties include continually monitoring the business to find potential new threats and ensuring company compliance with laws and regulations.
What are the 4 pillars of operational risk management?
What does an operational risk manager do?
Do risk managers make good money?
What are some common challenges faced by Operational Risk Managers in maintaining effective risk controls across different departments?
What are the three C's of operational risk management?
What are the key skills and qualifications needed to thrive as an Operational Risk Manager, and why are they important?
What is the difference between Operational Risk Manager vs Risk Analyst?
| Aspect | Operational Risk Manager | Risk Analyst |
|---|---|---|
| Certifications | CFA, FRM, or similar | CFA, FRM, or similar |
| Work Environment | Financial institutions, banks, insurance companies | Financial firms, consulting, corporate risk teams |
| Responsibilities | Identify, assess, and mitigate operational risks; develop risk frameworks | Analyze risk data, support risk assessments, prepare reports |
The Operational Risk Manager focuses on managing and mitigating operational risks within organizations, often holding certifications like CFA or FRM. In contrast, Risk Analysts primarily analyze risk data and support risk management processes. Both roles are vital in financial sectors and share similar credentials, but the Operational Risk Manager has a broader responsibility for risk mitigation strategies.

Full-time
Re-posted 2 days ago
Hagerty rating
8.0
Based on 14 frontline employees who took The Breakroom Quiz
146th of 281 rated insurance
Job description
Say hello to Hagerty
Hagerty is a company builtby drivers fordrivers. We put our members at the center of everything wedo andare dedicated to making it easier and more enjoyable for enthusiasts to drive and celebrate the machines they love.We'reproud to be the world's largest insurer of collectible andenthusiastvehicles and are home to the Hagerty Drivers Club, the world's largest car club. Our Marketplace business presents live and digital sales across the U.S. and Europe, we hosta number ofdriving events and concours, and ouraward-winningautomotive journalists produce the most popular car magazine globally, alongside internationally awarded videos.We'recommitted to Never Stop Driving.Ready to get in the driver's seat? Join us!
The Senior Manager, Third Party Risk Management (TPRM) Policy is a key leadership role embedded within Hagerty's Enterprise Procurement & TPRM function. This position is responsible for building and stewarding a robust third-party risk governance framework that protects Hagerty from vendor-related operational, financial, regulatory, and reputational exposure-while enabling the business to move at speed with the right partners.
Sitting within Enterprise Procurement, this role is uniquely positioned at the intersection of sourcing decisions and risk governance. The Senior Manager will own TPRM policy end-to-end, integrate risk discipline into the full vendor lifecycle, and serve as the connective tissue between Procurement, Enterprise Risk Management, Legal, IT/Security, and business stakeholders. The ideal candidate combines policy expertise with a practical, business-enabling mindset - someone who knows that good risk management doesn't slow deals down; it makes them better.
What you'll do
Policy Ownership & Governance
- TPRM policy development: Own, author, and maintain Hagerty's enterprise wide Third Party Risk Management policy, standards, and procedures, ensuring alignment with regulatory requirements, industry frameworks (e.g., NIST CSF, ISO 27001, COBIT), and Hagerty's risk appetite.
- Policy lifecycle management: Lead scheduled and event-driven policy reviews, updating documentation in response to changes in regulation, business strategy, technology, or the vendor landscape.
- Framework integration: Align TPRM policy with adjacent governance frameworks including information security, business continuity, data privacy, and enterprise risk management-ensuring consistency without duplication.
- Regulatory compliance: Ensure TPRM policies meet applicable state and federal insurance regulations, NAIC model law requirements, and any contractual or audit-driven obligations.
- Exception management: Design and administer a formal policy exception process, documenting risk acceptance decisions with appropriate stakeholder sign-off.
Vendor Lifecycle Risk Integration
- Risk-tiered due diligence: Design and embed a risk tiering methodology into Hagerty's sourcing and onboarding process, ensuring the level of pre-contract due diligence is calibrated to the risk profile of each vendor.
- Onboarding & contracting: Partner with Enterprise Procurement and Legal to ensure vendor contracts include appropriate risk and compliance provisions-covering data protection, business continuity, audit rights, and termination for cause.
- Ongoing monitoring: Oversee a structured program of periodic reassessments, performance reviews, and continuous monitoring activities for active third parties, with heightened attention to critical and high-risk vendors.
- Offboarding controls: Establish standards for vendor offboarding that protect Hagerty's data, systems, and operational continuity at contract termination.
- Supplier relationship management program: Maintain a register of critical and high-risk third parties, coordinate enhanced oversight activities and reviews, and ensure concentration risks are visible to senior leadership.
Procurement Partnership & Business Enablement
- Embedded risk advisory: Function as the day-to-day risk advisor to the Enterprise Procurement team, providing guidance during sourcing events, RFP evaluation, negotiation, and contract execution.
- Risk-informed sourcing: Bring third party risk considerations into category strategies and sourcing decisions early-helping the business identify and mitigate risk before commitments are made.
- Business unit advisory: Serve as a trusted TPRM resource for business unit stakeholders who engage vendors directly, ensuring consistent application of policy across the organization and active participation in supplier business reviews.
- Training & enablement: Design and deliver TPRM training for Enterprise Procurement staff and business-facing teams, building risk literacy and practical policy compliance across all vendor-facing roles.
Reporting, Audit & Program Maturity
- Executive reporting: Develop and present TPRM program dashboards, key risk indicators (KRIs), and risk trend analysis to the VP of Enterprise Procurement, ERM leadership, and Risk Committee audiences as appropriate.
- Audit & regulatory examination support: Serve as Enterprise Procurement's primary point of contact for internal audit and external regulatory examiners on TPRM policy, controls, and evidence.
- Issue & remediation tracking: Identify, document, and drive resolution of risk findings and gaps across the third party portfolio, escalating as needed to senior stakeholders.
- Program maturity roadmap: Build and execute a multi-year TPRM maturity roadmap aligned to Hagerty's growth trajectory, digital transformation, and evolving risk environment.
- GRC tooling: Lead or support the evaluation and implementation of TPRM software and GRC platforms to automate assessments, centralize vendor data, and improve reporting efficiency.
This might describe you
- Proven, progressive experience in third party risk management, vendor management, procurement risk, compliance, or enterprise risk-including experience in a policy ownership or program leadership role.
- Demonstrated expertise in TPRM framework design and policy writing, including risk tiering, due diligence program management, and vendor lifecycle controls.
- Strong knowledge of applicable regulatory and compliance frameworks, including insurance industry regulations, NAIC guidelines, state privacy laws, and standards such as NIST CSF, SOC 2, and ISO 27001.
- Experience working directly within or alongside a Procurement or Strategic Sourcing function, with an understanding of sourcing processes, contract structures, and supplier relationship management.
- Proven ability to influence senior stakeholders and drive alignment across cross-functional teams without direct authority.
- Exceptional written and verbal communication skills, with a track record of producing high-quality policy documents and presenting risk topics clearly to executive audiences.
Over and above
- Prior experience in the insurance or financial services industry, with direct familiarity with NAIC model laws and state insurance department examination processes.
- Professional certifications such as CRISC, CTPRP, CISA, CISM, CPM, or equivalent risk or procurement credentials.
- Hands-on experience implementing or administering a GRC or TPRM platform (e.g., Archer, ServiceNow GRC, ProcessUnity, Venminder, Coupa Risk Assess).
- Experience supporting or leading regulatory examinations or internal audits related to vendor management or operational risk.
- Bachelor's degree in Risk Management, Business, Supply Chain, Finance, Information Systems, or a related field.
Other things to note
- This position is open to U.S. remote work. However, team members who reside within 20 miles of the Traverse City headquarters will follow a hybrid schedule, working from the office three days per week.
- Familiarity with public company requirements, including Sarbanes Oxley and key regulations, if applicable. For SOX compliant roles, responsible for designing, executing, and documenting internal controls where they have been identified as owners to prevent errors in financial reporting, processes, and business operations. Including attestation to the completeness, accuracy, and compliance of all financial reporting data, where applicable.
If you reside in the following jurisdictions: Illinois, Colorado, California, District of Columbia, Hawaii, Maryland, Minnesota, Nevada, New York, or Jersey City, New Jersey, Cincinnati or Toledo, Ohio, Rhode Island, Washington, British Columbia, Canada please emailrecruiting@hagerty.comfor compensation, comprehensive benefits and the perks that set us apart.
At Hagerty, we share the road. We are an inclusive automotive community where all are welcomed,valuedand belong regardless of race, gender, age, or car preference. We are united by our shared passion for driving, our commitment to preserve car culture for futuregenerationsand our desire to make a positive impact in the world.
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If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!
About Hagerty
Sourced by ZipRecruiter
Industry
Insurance services
Company size
1,001 - 5,000 Employees
Headquarters location
Traverse City, MI, US
Year founded
1983