
Legal and Vendor Risk Management Specialist
Are you a detail-oriented individual with a strong understanding of legal and vendor risk management? Do you thrive in a fast-paced environment and have a passion for mitigating potential risks? American International Group (AIG) is seeking a highly skilled Legal and Vendor Risk Management Specialist to join our dynamic team. In this role, you will be responsible for identifying, assessing, and managing legal and vendor risks to protect the interests of our company. The ideal candidate will have a strong background in risk management and possess excellent communication and analytical skills. If you are ready to take on a challenging and rewarding role, we want to hear from you!
- Conduct thorough assessments of legal and vendor risks to identify potential areas of concern.
- Develop and implement risk management strategies and procedures to mitigate potential risks.
- Stay up-to-date on industry regulations and best practices related to legal and vendor risk management.
- Collaborate with cross-functional teams to ensure all legal and vendor risks are identified and addressed.
- Communicate with internal stakeholders and external partners to gather necessary information and provide updates on risk management efforts.
- Analyze and interpret data to identify trends and patterns in legal and vendor risk management.
- Monitor and evaluate the effectiveness of risk management strategies and make recommendations for improvements.
- Conduct trainings and workshops for employees to increase awareness and understanding of legal and vendor risk management.
- Develop and maintain relationships with external vendors and legal partners to ensure effective risk management.
- Prepare reports and presentations to senior management on the status of legal and vendor risk management efforts.
- Identify and report any potential legal and vendor risks to senior management in a timely manner.
- Stay organized and maintain accurate records of all legal and vendor risk management activities.
- Collaborate with internal audit teams to ensure compliance with risk management policies and procedures.
- Participate in special projects and initiatives related to legal and vendor risk management as needed.
- Continuously seek opportunities to improve and enhance the legal and vendor risk management process.
Bachelor's Degree In Business Administration, Risk Management, Or A Related Field.
Minimum Of 3-5 Years Of Experience In Legal Or Vendor Risk Management, Preferably In The Insurance Industry.
Knowledge Of Regulatory Compliance And Risk Assessment Principles, As Well As Industry Best Practices.
Strong Communication And Negotiation Skills, With The Ability To Build And Maintain Relationships With Internal And External Stakeholders.
Familiarity With Vendor Management Systems And Processes, Including Contract Review And Monitoring, Performance Evaluation, And Issue Resolution.
Project Management
Vendor Management
Data Analysis
Communication
Negotiation
Risk assessment
Regulatory compliance
Legal Research
Contract drafting
Due Diligence
Problem-Solving
Contract review
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Problem Solving
Time management
creativity
Organizational skills
Teamwork
Adaptability
According to JobzMall, the average salary range for a Legal and Vendor Risk Management Specialist is between $70,000 to $100,000 per year. However, this can vary depending on factors such as location, experience, and the specific responsibilities of the role.
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American International Group, Inc., also known as AIG, is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions.

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