Senior Manager, Third Party Risk at MGM Resorts International

Las Vegas, Nevada, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Hospitality, Entertainment, GamingIndustries

Requirements

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 standardization processes

Responsibilities

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

Skills

Key technologies and capabilities for this role

Third-Party Risk ManagementTPRMRisk GovernanceContract RiskPolicy DevelopmentRisk MonitoringComplianceVendor ManagementRisk AssessmentDashboardsReportingAuditsSOPsESGSupplier Lifecycle

Questions & Answers

Common questions about this position

What experience is required for the Senior Manager, Third Party Risk role?

The ideal candidate has 7+ years of prior relevant experience in third-party risk management, insurance, compliance, or vendor governance in a large or regulated organization.

Is this position remote or based in a specific location?

The position is based in Las Vegas, Nevada.

What does a typical day look like for this role?

The day-to-day involves leading the TPRM program, monitoring supplier performance, drafting policies and SOPs, developing reports and dashboards, supporting audits, overseeing contract risk assessments, and partnering with cross-functional teams.

What is the company culture like at MGM Resorts International?

MGM Resorts offers an exciting, diverse, and entertaining work environment where team players create unique experiences in the hospitality industry.

What salary or compensation does this position offer?

This information is not specified in the job description.