At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day.
We apply that same compassion and empathy as we work with each other and our local communities, Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.
Our four values guide our strategy, our decisions, and our interactions:
• Make it human. We care about the people that make up our customers, colleagues, and communities.
• Make it about others. We do what’s best for our customers and collaborate to drive progress.
• Make it happen. We work with intention toward a common purpose and forge ways forward together.
• Make it better. We create fulfilling purpose-driven careers by learning from the world and each other.
SUPPLIER MANAGEMENT PROGRAM MANAGER
POSITION LOCATION
Richmond/Lynchburg, VA/ Stamford CT
This role is not eligible for employment visa sponsorship.
YOUR ROLE
The Supplier Program Manager is responsible for strengthening and operationalizing supplier risk management and governance capabilities across the full supplier lifecycle—selection, onboarding, contracting, ongoing management, and exit. This role reports to the Supplier Program Management Leader and cross‑functional stakeholders (Sourcing, Legal, Information Security, Privacy, Risk, Compliance, IT, and Business Owners) to ensure suppliers are assessed, governed, and managed in a manner consistent with the company’s risk appetite, regulatory obligations, and business objectives.
The ideal candidate will bring a blend of supplier management, risk assessment, compliance, and program execution skills, with experience operating in highly regulated environments such as financial services or insurance.
What you will be doing
- Support the design, implementation, and continuous improvement of the enterprise supplier risk management framework across the supplier lifecycle.
- Execute and enhance risk-based supplier assessments, including data security, privacy, operational resilience, regulatory compliance, financial stability, and materiality considerations.
- Ensure risk requirements are appropriately embedded at each lifecycle stage:
- Selection: risk screening, due diligence, and onboarding requirements
- Contracting: risk-based contractual controls, clauses, and addenda
- Ongoing Management: monitoring, issue management, periodic reassessments
- Exit: transition planning, data return/destruction, and service continuity considerations
- Operationalize governance standards, policies, and procedures.
- Manage and operationalize recurring governance activities such as supplier reviews, risk attestations, control validations, remediation tracking, and issue escalation, ensuring consistent application across suppliers.
- Enhance existing governance and operational metrics and report to key stakeholders
- Identify, escalate, and drive resolution of supplier risk issues in collaboration with Executive Business Owners (EBOs) and Supplier Relationship Managers (SRMs) and other stakeholders.
What you bring
- Bachelor’s degree in Business, Risk Management, Information Systems, Finance, or a related field (or equivalent experience).
- 5–8+ years of experience in one or more of the following: supplier management, third‑party risk management, sourcing, compliance, information security, or operational risk.
- Strong program management, organizational, and stakeholder engagement skills.
- Ability to synthesize complex risk and compliance requirements into practical, scalable processes.
- Excellent written and verbal communication skills, including executive‑level reporting.
- Ability to balance risk rigor with business enablement.
- Strong collaboration and influence skills without direct authority.
- High attention to detail with the ability to see systemic patterns and enterprise impacts.
- Comfort operating in environments with evolving regulatory and risk expectations.
- Experience supporting or building Third‑Party or Supplier Risk Management programs.
- Familiarity with relevant regulatory expectations (e.g., third‑party risk management guidance, data protection regulations) preferably in the insurance, financial services, or banking industry.
- Experience partnering with Legal and Procurement on risk-based contracting and supplier governance.
- Professional certifications such as CISA, CRISC, CISSP, CFA, PMP, or similar.
- Experience with supplier lifecycle management, GRC, or third‑party risk platforms.
- Demonstrated knowledge of supplier risk domains such as:
- Information Security and Data Privacy
- Regulatory and Compliance Risk
- Operational and Resilience Risk
- Financial and Concentration Risk
ADDITIONAL INFORMATION
Within our company the base salary pay range for the job level P3 starts at a minimum rate of $80,200 up to the maximum of $158,200. The final determination on base pay for this position will be based on multiple factors to ensure pay equity within the organization. In addition to your base salary, you will also be eligible to participate in an Incentive Plan. The Incentive Plan is based on performance and the target earning opportunity is 10%
WHY GENWORTH?
- We have a real impact on the lives of the people we serve
- We work on challenging and rewarding projects
- We give back to the communities where we live
- We offer competitive benefits including:
- Medical, Dental, Vision, Flexible Spending Account options beginning your first day
- Generous Choice Time Off your first full year
- 12 Paid Holidays
- 40 hours of volunteer time off
- 401K Account with matching contributions
- Tuition Reimbursement and Student Loan Repayment
- Paid Family Leave
- Child Care Subsidy Program
Employee Benefits & Well-Being
- Genworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives.
- Competitive Compensation & Total Rewards Incentives
- Comprehensive Healthcare Coverage
- Multiple 401(k) Savings Plan Options
- Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)
- Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave
- Disability, Life, and Long Term Care Insurance
- Tuition Reimbursement, Student Loan Repayment and Training & Certification Support
- Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)
- Caregiver and Mental Health Support Service
