Senior Manager, Third Party Risk

Las Vegas, Nevada

The SHOW comes alive at MGM Resorts International

Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.

THE JOB:

At MGM Resorts International, we are committed to protecting our guests, our employees, and our business through responsible vendor partnerships and effective risk governance. The Senior Risk Manager – Third Party & Contract Risk leads the development, execution, and oversight of our enterprise-wide third-party and contract risk programs. This role ensures supplier engagements align with corporate policies, regulatory expectations, and our organization’s risk tolerance. You will work cross-functionally with Legal, Sourcing, Compliance, ESG, and other business units to assess supplier risk, enforce policy requirements, support contract reviews, and strengthen organizational accountability in vendor oversight. This position plays a critical role in driving transparency, risk mitigation, and compliance across the supplier lifecycle.

THE DAY-TO-DAY:

• Lead and maintain the Third-Party Risk Management (TPRM) Program, including policy governance, risk tiering, and exception management.

• Monitor supplier performance, incidents, and compliance through ongoing risk monitoring activities.

• Draft, update, and maintain enterprise policies and SOPs relating to supplier and contract risk.

• Develop dashboards, reports, and executive-level summaries to highlight risk trends and support decision-making.

• Support audits and regulatory inquiries involving vendor governance and contract compliance.

• Serve as the escalation point for supplier risk issues, policy breaches, and mitigation planning.

• Maintain and govern the third-party risk classification system and oversight workflows.

• Oversee contract risk assessments, insurance and indemnity requirements, and resolution of related gaps.

• Review and approve contracts for compliance with insurance, indemnity, and regulatory risk standards.

• Facilitate root cause analysis and corrective actions related to third-party risk incidents.

• Lead quarterly reporting to senior management and compliance stakeholders.

• Partner with sourcing and category teams to integrate risk mitigation strategies within procurement processes.

• Develop and manage policy documents, templates, and supplier scorecards.

• Ensure completion of COI tracking, incident escalation, and corrective actions.

• Lead cross-functional working sessions with Legal, Compliance, ESG, and other stakeholders.

• Train business units on risk policies, assessment requirements, and monitoring expectations.

THE IDEAL CANDIDATE:

• 7+ years of prior relevant experience in third-party risk management, insurance, compliance, or vendor governance in a large or regulated organization

• Strong knowledge of contract risk, indemnity clauses, and insurance requirements including COIs.

• Experience developing, maintaining, and governing vendor risk policies, SOPs, and compliance frameworks.

• Familiarity with CLM systems, COI tracking processes, and audit protocols.

• Skilled in cross-functional communication with an ability to influence and partner effectively with Legal, Compliance, ESG, and procurement teams.

• Proficiency with data and reporting tools such as Excel, Power BI, or Tableau.

• Understanding of regulatory frameworks such as GDPR, SOX, HIPAA, and FCPA.

• Ability to identify risk gaps, implement enhancements, and support enterprise-wide adoption of risk governance standards.

• Strong analytical, problem-solving, and incident management capabilities, including root cause analysis and corrective action planning.

• Ability to review and approve contracts for compliance with insurance, indemnity, and regulatory requirements.

• Experience creating risk templates, supplier scorecards, and standardized documentation.

THE PERKS & BENEFITS:

• Prioritize your wellness, access programs crafted to nurture your mental and physical health. 

• Enjoy unbeatable discounts on hotel stays, dining, retail, entertainment, and exclusive partner perks for travel, tech, and beyond! 

• Savor delicious meals for free in our em