Black Duck
4 days ago
About the Role :
As a Third-Party Risk Analyst, you will play a crucial role in safeguarding our organization by managing and mitigating risks associated with third-party vendors.
You will work closely with internal stakeholders and external vendors to ensure compliance with security standards and regulations.
Key Responsibilities :
- Conduct thorough risk assessments of third-party vendors, including evaluating their security controls, data protection practices, and business continuity plans.
- Develop and maintain risk rating methodologies to prioritize risk treatments.
- Onboard and manage third-party vendors throughout their lifecycle, from initial assessment to termination.
- Monitor vendor performance and compliance.
- Enforce contractual obligations and security requirements.
- Identify and implement risk mitigation strategies, such as security controls, contractual terms, and monitoring activities.
- Work with vendors to address security vulnerabilities and compliance gaps.
- Ensure compliance with relevant regulations and industry standards, including ISO 27001, NIST SP 800-53, and GDPR.
- Stay informed about emerging threats and vulnerabilities.
- Develop and maintain key performance indicators (KPIs) to measure the effectiveness of the TPRM program.
- Generate regular reports on third-party risk exposure and compliance status.
- Respond to security incidents involving third-party vendors.
- Coordinate with internal and external teams to mitigate the impact of security breaches.
Qualifications :
- 5+ years of experience in Third-Party Risk Management.
- Strong understanding of information security principles and practices.
- Experience with risk assessment methodologies and frameworks.
- Familiarity with regulatory requirements (GDPR, HIPAA, PCI DSS).
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Certification in information security (CISSP, CISM, CRISC) is a plus
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