Nexstep Financial Group
Nexstep Financial Group offers risk management, asset allocation, financial consulting, life insurance and estate planning services.
- Open roles
- 363
Job facts
- Location
- UNITED STATES-NY-Syracuse
- Workplace
- remote
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Operations Third-Party (TPA) Vendor Governance Analyst (HYBRID OR REMOTE)
at Nexstep Financial Group
About the Role
At Equitable, we help clients secure their financial well-being so they can pursue long and fulfilling lives - a mission we’ve honed since 1859.
Equitable is seeking an Operations Third-Party (TPA) Vendor Governance Analyst to play a key role in overseeing Third-Party Administrators responsible for life insurance policy administration. This role actively monitors vendor performance through SLAs and KPIs, leads governance routines such as MBRs and QBRs, and maintains critical oversight documentation. The analyst drives timely issue resolution and remediation, partnering closely with internal stakeholders and vendors to ensure consistent service delivery and strong adherence to regulatory, contractual, and company standards.
What You’ll Be Doing
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Analyze TPA performance against SLAs, KPIs, and contractual obligations; highlight trends, drivers, and emerging risks
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Facilitate and schedule Monthly and Quarterly Business Reviews (MBRs/QBRs), including data validation, performance summaries, and action items
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Maintain governance routines and artifacts (issue logs, action registers, risk/control trackers, and decision records) to ensure transparency and auditability
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Perform initial assessment and triage of operational issues (impact, severity, root cause hypotheses, and required stakeholders); monitor remediation plans and validate evidence of completion
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Support operational risk management for TPAs by coordinating SOC report review, audit requests, and control testing/attestations
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Partner with Corporate Sourcing and Procurement (CSP) and business stakeholders to support contract administration (renewals/amendments)
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Reconcile and process vendor and third-party billing
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Own monthly and annual accrual process for Operations’ billing
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Generate billing, reconcile payments and create reporting for fees collected from funds under management
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Identify opportunities to improve governance processes; document procedures and implement enhancements in partnership with stakeholders
This position offers a flexible work schedule: it may be fully remote/hybrid. If you are located near one of our offices (e.g., Charlotte, NC; Syracuse, NY), a hybrid schedule with 2–3 days on-site per week is expected to foster collaboration and connection.
The base salary range for this position is $50,000 - $63,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.
For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.
Equitable Pay and Benefits: Equitable Total Rewards Program