Adam Okerstrom
About Adam Okerstrom
Adam Okerstrom is a Senior Third Party Risk Manager at Transamerica, where he oversees a portfolio of approximately 300 vendors. He has a background in finance and extensive experience in risk management, having held positions at organizations such as Chatham Financial, Charles Schwab, and the Federal Reserve Banks.
Work at Transamerica
Adam Okerstrom serves as the Senior Third Party Risk Manager at Transamerica, a position he has held since 2020. In this role, he oversees a portfolio of approximately 300 vendors, which includes managing critical and complex vendor relationships. He assists senior leadership in enhancing the third-party risk framework by developing and executing action plans to address identified program gaps. His work is essential in ensuring that the risk management framework is effectively implemented across the organization.
Education and Expertise
Adam Okerstrom studied at Loyola University Chicago, where he earned a Bachelor of Business Administration with a focus on Finance from 2000 to 2002. His educational background provides a strong foundation for his career in risk management and vendor oversight. His expertise is further demonstrated through his extensive experience in managing third-party risk across various organizations.
Background
Before joining Transamerica, Adam Okerstrom held several positions that contributed to his expertise in risk management. He worked at Chatham Financial as a Regulatory Consultant from 2019 to 2020 and spent two years as a Senior Examiner at the Federal Reserve Bank of Kansas City from 2012 to 2014. His experience also includes a role as Managing Director of Third Party Risk Management at Charles Schwab from 2015 to 2018, where he focused on operational risk management.
Previous Positions and Roles
Adam Okerstrom has held various roles that have shaped his career in risk management. He worked at Charles Schwab as a Senior Team Manager in Corporate Vendor Management from 2014 to 2015. Prior to that, he served as a Bank Examiner for Problem Banks at the Federal Reserve Bank of Chicago from 2006 to 2012. These positions provided him with a comprehensive understanding of vendor management and regulatory compliance.