Director, Third Party Risk Management

As a team member in the Finance department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor, Internal Audit, and so much more. Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

Key Responsibilities:

• Lead and manage the enterprise third-party risk function, ensuring alignment with organizational goals.
• Provide leadership across distributed second-line functions, demonstrating the ability to lead without direct authority.
• Govern the direction of sophisticated enterprise risk management (ERM) policies, practices, policies and strategy. 
• Develop and implement risk models and quantitative measures to evaluate risk levels using both external and internal data.
• Develop, deploy, and manage assurance programs in large and complex organizations or similar experience.
• Establish and manage enterprise risk thresholds, ensuring compliance and appropriate risk mitigation.
• Facilitate executive risk committees and present findings and recommendations to executive leadership.
• Leverage GRC, risk, and procurement toolsets, including Archer, Ariba, and ServiceNow to support risk programs.
• Manage risks across multiple third-party categories, such as Cyber, Continuity, Privacy, Regulatory, and Solvency.
• Utilize data tools, languages, and repositories within the team, including Databricks, AWS S3, SQL, and Python, to enhance risk management processes.

Work Arrangements:

• Preferred work location is hybrid, with 2 days per week at our office location in Columbus, OH.
• We will also consider candidates in Scottsdale, AZ and Des Moines, IA

Compensation:

• This position is classified under the H3 internal pay band.

Qualifications:

• Ideally 7-10+ years of experience in third-party risk, operational risk, procurement, or a similar function within a Fortune 500 company.
• Proven experience in transforming third-party risk management across various types of third parties.
• Strong leadership skills with the ability to influence and lead without direct authority.
• Expertise in risk modeling and quantitative risk measurement.
• Experience in establishing and managing enterprise risk thresholds.
• Proficiency in managing GRC, risk, and procurement toolsets.
• Experience in leading executive risk committees and presenting to executive audiences.
• Familiarity with data tools, languages, and repositories.

This role does not qualify for employer-sponsored work authorization.  Nationwide does not participate in the Stem OPT Extension program.

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Job Description Summary

Do you have the desire to apply risk management practices to drive business outcomes? Nationwide has been managing risk to serve our members and affect results for almost 100 years. Our industry-leading workforce embraces an agile work environment and a collaborative culture to deliver outstanding solutions and results.

As a Director, you'll lead a team of risk professionals. You'll play a key role in ensuring a clear understanding of the risks that we take in our business and in proactively manage these risks to ensure we meet our growth, capital and return business objectives. You'll have an opportunity to ensure our risk management has appropriate breadth and depth across our businesses and operations to appropriately balance risk and reward for achievement of our mission, vision and strategic goals.

Job Description

Key Responsibilities: 

• Provides thought leadership for the tolerance of risk taking in pursuit of strategic objectives while considering returns, risk attributes, strategy, etc. 

• Governs the direction of sophisticated enterprise risk management (ERM) policies, practices, policies and strategy. 

• Leads the analysis and measurement of risks, independently and collectively, including correlation and diversification. Leads