Consultant, Third Party Risk Management

At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do, and we’re looking for associates who are passionate about delivering extraordinary care. The Third Party Risk Management team, within Enterprise Risk, helps protect the organization by providing independent, data-informed oversight of third-party relationships. We partner across the enterprise to strengthen risk visibility, governance, and decision-making throughout the third-party lifecycle.

About the role

At the Consultant level, you will help advance a more mature, data-driven risk program. This role connects business, risk, and technology partners to bring critical third-party data into the enterprise data lake, improve data quality, and translate complex information into meaningful insights for leaders.

Responsibilities

• Partner with business units to identify third-party data gaps and define the critical data elements needed for risk oversight, reporting, and analytics.
• Lead data gap and quality analyses; help resolve issues affecting completeness, availability, consistency, and reliability.
• Drive end-to-end work to acquire, validate, and support ingestion of third-party data into the production data lake.
• Collaborate on the migration from legacy data sources, prioritizing data needs and enabling future-state reporting and analytics.
• Develop dashboards, visualizations, metrics, and trend analyses that illuminate program health, emerging risks, and third-party concentrations.
• Convert complex data into clear, actionable insights that support proactive leadership decisions and risk mitigation.
• Serve as a trusted liaison among risk, business, data, and technology teams; influence partners to resolve dependencies and deliver shared outcomes.
• Establish business requirements, data definitions, control expectations, and governance practices for third-party risk information.
• Support continuous enhancement of executive reporting, key risk indicators, data lineage, and analytical capabilities.
• Understand and assess key business needs and develop appropriate quantitative modeling solutions.
• Collaborate with departments across the organization to accomplish strategic goals and initiatives.
• Build risk analytic strategies for business problems through consulting and driving expectations.
• Collaborate with teams to ensure consistent model assumptions, processes, and outputs are well understood and upheld.
• Craft clear summaries of findings and recommendations using impactful storylines and data visualization for technical and non-technical audiences.
• Develop, test, implement, and administer complex quantitative modeling processes and tools.
• Evaluate and rank quantitative solutions to business problems.
• Communicate key benefits and limitations of sophisticated modeling tools for business applications.
• Work across teams to ensure governance of modeling tools is applied consistently.

Requirements

• Experience in third-party risk management, operational risk, enterprise risk, audit, compliance, data governance, business analytics, or a closely related discipline.
• Experience leading cross-functional initiatives involving data requirements, data quality, reporting, process improvement, or technology implementation.
• Ability to analyze complex data, identify meaningful patterns and gaps, and communicate recommendations clearly to technical and non-technical audiences.
• Technical proficiency in Python, SQL, or relevant coding applications.
• Demonstrated ability to build productive relationships, influence without direct authority, and manage competing priorities in a large, matrixed organization.
• Experience with dashboards and data visualization tools, such as Power BI, Tableau, or similar platforms, is preferred.
• Undergraduate studies in finance, accounting, economics, statistics, mathematics, or related subject area required. Graduate-level studies in a related field with an advanced degree highly desirable.
• Progress toward FCAS, FSA, CQF, CFA, or similar preferred.
• Typically, seven or more years of related work experience in financial risk modeling or actuarial functions.
• Proven knowledge of processes and functions spanning the insurance and risk management cycle.
• Understands machine learning, stochastic processes, Monte Carlo simulations, sampling methods, and other statistical techniques applicable to specialized risk modeling.
• Confirmed mathematical knowledge of specialized risk models such as those used in hedging, economic scenario generation, catastrophe, credit risk, etc.
• Advanced understanding of risk management operations such as asset-liability management, portfolio risk assessment, hedging, etc.
• Strong communication and presentation skills.
• Advanced proficiency with Excel and PowerPoint.

Location and Work Arrangement

This role is intended to be filled in Columbus, OH. The hired associate must reside within 35 miles of One Nationwide Plaza, Columbus, OH, 43215. This position will be hired on a SuccessFlex basis, requiring in-office presence according to the department's current hybrid schedule.

This role does not qualify for employer-sponsored work authorization, and Nationwide does not participate in the STEM OPT extension program.

Pay

The national salary range for this role is $118,000.00 - $222,000.00. The expected starting salary range is $118,000.00 - $178,000.00. Placement within the range will be determined by skills, education, training, credentials, experience, scope, complexity, and location of the role, as well as market labor costs.

Benefits

• Medical, dental, and vision insurance
• Life insurance
• Short and long-term disability coverage
• Paid time off: minimum of 18 days each full calendar year (pro-rated quarterly based on hire date)
• Nine paid holidays
• 8 hours of Lifetime paid time off
• 8 hours of Unity Day paid time off
• 401(k) with company match
• Company-paid pension plan
• Business casual attire