Assoc Risk Analyst - KR08AE

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Third Party Risk Analyst

The Hartford is establishing a dedicated Third-Party Risk Management (TPRM) Office within its Enterprise Risk Management Organization to ensure consistent oversight, standardized practices, and effective controls across all third-party relationships. Reporting to the Head of Third-Party Risk Management, the Third-Party Risk Analyst will assist in the implementation of an enterprise-wide TPRM Office as part of a new second-line function. The analyst will support the development of third-party risk management processes; help coordinate risk assessments and contribute to risk reporting. This role involves working with cross-functional teams and participating in an initiative aligned with Hartford’s risk management objectives.

Key Responsibilities

• Assist in the coordination of third-party risk assessments and monitoring activities with risk governors.
• Maintain and update TPRM framework documentation (e.g., policies, standards and procedures)
• Regularly update third-party risk profiles with current risk ratings, control gaps, remediation plans, and accepted risks to maintain accuracy.
• Assist in the development of risk reporting to support visibility into third-party risk exposure, tracking remediation efforts and accepted risk.
• Support the implementation of automation solutions aimed at improving operational efficiency and data accuracy in TPRM processes and reporting.
• Participate in special projects to enhance third party risk practices (e.g., Third Party Risk Information Site, Training & Education, AI Opportunities)
• Perform research on third party risk practices, industry trends and emerging risks.

Qualifications

• 3+ years of experience in risk management, compliance, audit, preferably in financial services. Some experience with third party risk management preferred.

• Ability to analyze business problems, provide recommendations, and propose solutions
• Demonstrated capability to manage multiple priorities and deliver results
• Proficiency in oral and written communication
• Ability to build effective working relationships with business partners
• Advanced skills in Excel and PowerPoint
• Experience with risk assessment tools or TPRM governance platforms (such as Archer) is preferred
• Bachelor’s degree in business, risk management, or a related field is required

The Hartford is proud of our achievements recognized with the following accolades to name a few:

• Worlds most Ethical companies - 16 Time Honoree
• Best places to work for DEI  
• Americas Most Just Companies 7 years in a row 
• Fortune's 2024 List of Americas Most Innovative Companies 
   

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$68,000 - $102,000

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

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