MGM Resorts International

Senior Manager, Third Party & Contract Risk

MGM Resorts International • $100K — $130K *
Las Vegas, NV 89110In-Person
Finance & Insurance
5 - 7 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • 7+ years in third-party risk management, insurance, compliance, or vendor governance.
  • Strong grasp of contract risk, indemnity clauses, and insurance terminology.
  • Proven experience managing vendor risk policies and compliance frameworks.
  • Familiarity with CLM systems and audit procedures.
  • Excellent cross-functional communication and stakeholder management skills.
  • Bachelor's degree in Risk Management, Supply Chain, Business Administration, or related field; Master's preferred.

Responsibilities

  • Own and enforce the Third-Party Risk Management (TPRM) Program.
  • Monitor supplier performance and regulatory compliance.
  • Draft and update policies and SOPs for supplier risk.
  • Develop dashboards and reports for executive visibility.
  • Support audits and inquiries related to vendor risk.
  • Serve as contact for escalated risk concerns and mitigation plans.
  • Collaborate with sourcing teams for risk mitigation in procurement.

Benefits

  • Wellness incentive programs for physical and mental health.
  • Discounts on company amenities and partner services.
  • Free parking for employees.
  • Health and income protection benefits for eligible staff.
  • Opportunities for professional development and community involvement.
Full Job Description
Las Vegas, Nevada

THE JOB:

The Seni0r Risk Manager - Third Party & Contract Risk leads the third-party and contract risk function, ensuring supplier engagements align with corporate policies, risk tolerance, and regulatory expectations. The Senior Risk Manager oversees the development and enforcement of risk frameworks related to insurance, indemnity, and supplier performance, driving enterprise-wide visibility and accountability. The role partners cross-functionally with Legal, Sourcing, ESG, and Compliance to identify risk exposure, ensure due diligence, and support responsible supplier decision-making.

THE DAY-TO-DAY:
  • Own and enforce the Third-Party Risk Management (TPRM) Program for Supply Chain, including policy, risk tiering, and exception management.
  • Monitor supplier performance, incidents, and compliance with ongoing risk monitoring protocols.
  • Draft and update enterprise policies and SOPs related to supplier and contract risk.
  • Develop dashboards and risk reports to ensure executive-level visibility and proactive issue resolution.
  • Support audits and regulatory inquiries involving vendor risk governance or contract compliance.
  • Serve as the primary point of contact for escalated risk issues, policy breaches, and mitigation plans.
  • Maintain and govern MGM's third-party risk classification system and oversight workflows.
  • Oversee contract risk assessments, COI requirements, and resolution of insurance and indemnity gaps in partnership with Legal and Risk Management.
  • Review and approve contracts for insurance, indemnity, and regulatory risk requirements.
  • Facilitate root cause analysis and resolution of third-party risk incidents.
  • Lead quarterly risk reporting and provide summaries to senior management and compliance leaders.
  • Collaborate with category and sourcing teams to embed risk mitigation strategies into procurement processes.
  • Develop and maintain policy documentation, risk assessment templates, and supplier scorecards.
  • Ensure completion of COI tracking, incident escalation, and corrective action implementation.
  • Lead cross-functional risk working sessions with stakeholders from Legal, Compliance, and ESG.
  • Train Business Units on policy expectations and execution of risk assessment and monitoring. Provide training and guidance to internal stakeholders on risk policy adherence, due diligence, and escalation procedures.


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
  • Deep understanding of contract risk, indemnity clauses, and insurance language
  • Experience managing policies and SOPs related to vendor risk and compliance frameworks
  • Familiarity with CLM systems, COI tracking, and audit protocols
  • Strong cross-functional communication and stakeholder engagement skills
  • Bachelor's Degree in Risk Management, Supply Chain, Business Administration, Legal Studies, or a related field - Preferred
  • Master's Degree in a related discipline - Preferred


THE PERKS & BENEFITS:
  • Wellness incentive programs to help you stay healthy physically and mentally
  • Access to company hotel, food and beverage, retail, and entertainment discounts as well as discounts with company partners on things like travel, electronics, online shopping, and more
  • Free parking on and off shift
  • Health & Income Protection benefits (for eligible employees)
  • Professional and personal development through programs and networking opportunities as well as volunteer opportunities in the community


VIEW JOB DESCRIPTION:

https://mgmresorts.marketpayjobs.com/ShowJob.aspx?EntityID=2&jobcode=12725

Are you ready to JOIN THE SHOW? Apply today!

About MGM Resorts International

MGM offers building operations, building maintenance, facilities management, lease administration, property accounting, financial reporting, contract management, and construction management services. They manage multifamily market-rate housing for property owners and residents.

MGM Resorts International Careers

Join the vibrant team at MGM Resorts International, a global leader in hospitality and entertainment, and experience a career filled with innovation, leadership, and growth. As part of our dynamic team, you will have the opportunity to work alongside the best professionals in the industry and contribute to an environment rich in diversity and inclusivity.

Work You’ll Do

At MGM Resorts International, we are committed to creating memorable experiences for our guests and providing unparalleled service. Whether you are interested in hotel operations, casino management, or culinary arts, we offer a variety of job opportunities that will allow you to showcase your skills and advance your career.

Transform Your Career

Lead and innovate with MGM Resorts International, where we encourage professional growth and leadership development through robust training programs and hands-on experience. Our commitment to innovation and excellence has made us a leader in the hospitality industry, and by joining our team, you can be a part of that legacy.

Join a Leading Team

Collaborate with a diverse group of talented individuals who are passionate about hospitality and entertainment. MGM Resorts International is home to a team of over 50,000 dedicated professionals, all working together to bring our unique brand of excitement and luxury to guests around the world.

Introducing the MGM Resorts International Career Development Program

We are proud to offer a comprehensive career development program designed to nurture your professional growth and prepare you for leadership roles within the company. From internships to full-time positions, MGM Resorts International provides a pathway for career advancement and personal achievement.

Innovate and Lead

Participate in groundbreaking projects and initiatives that set the standard for the hospitality industry. At MGM Resorts International, your innovative ideas and proactive approach to problem-solving will drive the success of our company and redefine the guest experience.

Be Part of a Great Team

Experience a company culture that values teamwork, communication, and respect. At MGM Resorts International, we believe that every team member plays a crucial role in our success, and we are committed to fostering an inclusive workplace where everyone can thrive.

Future-Proof Your Career

With MGM Resorts International, the sky is the limit when it comes to your career potential. Take advantage of our extensive training and development programs, benefit from mentorship and networking opportunities, and build a resume that stands out in the competitive hospitality industry.

Explore Job Opportunities

Discover the exciting employment opportunities at MGM Resorts International. From front-line positions to executive roles, we offer a range of career paths that cater to a variety of interests and expertise.

Stay Connected

Join Our Team Search open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level.

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Learn more about MGM Resorts International
Size
42,000 employees
Market Cap
$12.9 billion
Industry
Hospitality & Recreation
Net Income
-$1 billion
Founded
2000
5 Year Trend
+0.4%
Revenue
$5.1 billion
NASDAQ
MGM
* Ladders Estimates

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