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Third Party Risk Management Manager Jobs in Alabama

Familiarity with supplier risk, third-party risk, or vendor assessment processes Why Exiger: Exiger is transforming how governments understand and manage supply chain risk. In this role, you will ...

Third-Party Risk Management (TPRM) * 10+ years of demonstrated deep technical expertise in ServiceNow, typically evidenced by advanced ServiceNow certifications (e.g., Certified Application Developer ...

Third-Party Risk Management (TPRM) * 10+ years of demonstrated deep technical expertise in ServiceNow, typically evidenced by advanced ServiceNow certifications (e.g., Certified Application Developer ...

Risk Management Assistant

Homewood, AL · On-site

$42K - $48K/yr

Risk Management Assistant Risk Management Assistant $50K - $60K Birmingham, AL We are seeking a highly organized and detail-oriented Risk Management Assistant to provide administrative support to a ...

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Third Party Risk Management Manager information

What does a Third Party Risk Management Manager do?

A Third Party Risk Management Manager is responsible for identifying, assessing, and mitigating risks associated with an organization's external vendors, suppliers, and partners. They develop and implement processes to evaluate the security, compliance, and operational risks posed by third parties. Their role also includes ongoing monitoring, conducting due diligence, and ensuring that third-party relationships align with the company’s risk tolerance and regulatory requirements.

How does a Third Party Risk Management Manager typically collaborate with other departments to ensure effective risk mitigation?

A Third Party Risk Management Manager works closely with departments such as Procurement, Legal, IT Security, and Compliance to assess and mitigate risks associated with vendors and external partners. This collaboration often involves facilitating risk assessments, sharing due diligence findings, and coordinating incident response plans. Regular cross-departmental meetings and clear communication channels are essential to ensure that third-party risks are properly understood and managed throughout the organization.

What is the difference between Third Party Risk Management Manager vs Vendor Risk Manager?

AspectThird Party Risk Management ManagerVendor Risk Manager
CertificationsCRMP, CTPRP, or similarCRMP, CTPRP, or similar
Work EnvironmentFinancial institutions, corporations, regulated industriesFinancial services, healthcare, technology companies
Industry UsageCommon in industries with complex third-party relationshipsFocused on vendor-specific risk assessments

The Third Party Risk Management Manager and Vendor Risk Manager roles share similar certifications and often operate in regulated industries. The main difference lies in scope: the Third Party Risk Management Manager oversees all third-party relationships, including vendors, partners, and contractors, while the Vendor Risk Manager primarily focuses on assessing and mitigating risks associated with vendors specifically. Both roles are essential for organizations aiming to ensure compliance and manage third-party risks effectively.

What are the key skills and qualifications needed to thrive as a Third Party Risk Management Manager, and why are they important?

To excel as a Third Party Risk Management Manager, you need a strong understanding of risk assessment, vendor management, and compliance, typically backed by a degree in business, finance, or a related field. Familiarity with risk management frameworks, tools like RSA Archer or ServiceNow, and certifications such as CTPRP or CISM are often required. Strong analytical thinking, communication, and negotiation skills help manage complex stakeholder relationships and convey risk effectively. These competencies are crucial to identifying, mitigating, and communicating third-party risks, ensuring organizational resilience and regulatory compliance.
What are popular job titles related to Third Party Risk Management Manager jobs in Alabama? For Third Party Risk Management Manager jobs in Alabama, the most frequently searched job titles are:
What job categories do people searching Third Party Risk Management Manager jobs in Alabama look for? The top searched job categories for Third Party Risk Management Manager jobs in Alabama are:
What cities in Alabama are hiring for Third Party Risk Management Manager jobs? Cities in Alabama with the most Third Party Risk Management Manager job openings:

Executive Administrator: Risk Management

Grayson Carter and Son Contracting, Inc.

Athens, AL • On-site

Other

This job post has expired today. Applications are no longer accepted.


Job description

Position Title: Executive Administrator: Risk Management
Department: Legal
Location: Athens, AL
Position Summary:
The Executive Administrator: Risk Management serves as the primary liaison between the company, its property & casualty insurance brokers, carriers, third party claims administrators, and internal stakeholders. This role manages the organization's insurance policies, claims activity, renewal processes, compliance documentation, and other risk-related administrative processes. Commercial insurance or administrative experience is strongly preferred. Legal experience in insurance or law practice setting is a plus as the role will work within the Company's Legal department and support claims, compliance, and risk management among other functions of the Legal department as may from time to time be directed.
Key Responsibilities
Insurance & Risk Management:
  • Manage all corporate insurance policies (GL, Auto, Property, Workers' Comp, Umbrella / Excess, Builder's Risk, Professional Liability, Management Lines, etc.)
  • Coordinate all service change requests, audits, mid-year exposure updates, and annual insurance renewals with brokers including gathering all necessary renewal information.
  • Review coverage terms, endorsements, exclusions, and limits
  • Oversee claims reporting, documentation, and follow-up
  • Analyze loss history and support risk mitigation initiatives
  • Support higher tier and lower tier contract insurance compliance (review COIs, endorsements, additional insured language, etc.)
  • Interface with project managers and operations regarding insurance requirements
  • Undertake additional responsibilities as required to support organizational goals.
Legal & Administrative Support:
  • Assist Legal team with contract administration
  • Maintain compliance records and regulatory filings
  • Track indemnity agreements and risk transfer documentation
  • Organize legal and insurance files for audits or due diligence
  • Support litigation insurance reporting requirements
  • Assist with policy and procedure documentation
  • Assist Legal with coordination and management of claims, including file and document collection and retention
  • Oversee weekly evaluation of active and pending claims in the ViaOne Portal, ensuring timely updates and accurate documentation in the claims management log.
  • Manage the submission of Notice Only and Medical Only First Reports of Injury to insurance carriers under the guidance of HR and Legal, ensuring prompt reporting and proper recordkeeping.
Cross-Functional Coordination:
  • Work closely with Finance on premiums, accruals, and claims reserves
  • Support HR regarding workers' compensation (Return to Work Program), EEOC, and employee related claims
  • Partner with Operations on project-specific insurance needs
  • Coordinate insurance requirements for subcontractors and vendors (MyCOI)
Job Qualifications/Requirements:
  • Required
    1. 3-7 years of experience in property & casualty insurance, risk management, legal operations, or contract administration
    2. Strong understanding of commercial insurance coverages & coverage forms
    3. Experience working with independent brokers and carriers
    4. Excellent organizational and documentation skills
    5. Ability to analyze policy language and contractual insurance provisions
  • Preferred
    1. Experience working within a legal or insurance department
    2. Background in civil construction, engineering, or infrastructure industry
    3. Paralegal or legal administrative experience
    4. Risk management certification (ARM, CRM, CISR, CIC) a plus
  • Must be physically able to stand, walk, sit, crouch, kneel, climb, and periodically lift 25 pounds
  • Ability to obtain FBI & Arsenal Badge
  • Able to pass a pre-employment drug screen
Skills & Competencies:
  • Detail-oriented and highly organized
  • Strong written and verbal communication
  • Analytical mindset
  • Ability to manage multiple deadlines
  • Discretion with confidential information
  • Proficient in all Microsoft software

Grayson Carter and Son Contracting, Inc. is an Equal Opportunity Employer.
EEO Statement:
Grayson Carter and Son Contracting, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, veteran status, disability, and/ or other legally protected status.