
Third-Party Risk Governance Specialist
1 day ago
We are seeking a highly skilled and experienced professional to join our organization as a Third-Party Risk Governance Specialist.
The ideal candidate will be responsible for leading and managing third-party risk management engagements, including onboarding, due diligence, monitoring, and periodic risk assessments of vendors.
Key Responsibilities:
- Conduct thorough risk-based audits of third-party vendors to evaluate security controls, regulatory compliance, and data protection measures.
- Develop and maintain frameworks for vendor risk assessment, scoring, and reporting aligned with organizational governance requirements.
- Collaborate with internal stakeholders to ensure consistent risk evaluation practices and enhance the overall third-party risk management framework.
- Implement and manage GRC tools and platforms to streamline TPRM workflows and automate reporting.
- Prepare detailed reports, dashboards, and executive summaries for senior leadership and audit committees.
- Stay up-to-date with regulatory updates and industry best practices to enhance TPRM policies and frameworks.
- Provide strategic guidance for remediation plans and act as a point of escalation for complex third-party risks.
Additional Responsibilities:
- Lead a team of risk consultants and provide technical mentorship, training, and quality reviews.
- Manage large-scale TPRM transformation programs, including implementation of GRC solutions.
- Act as a trusted advisor for senior stakeholders and CXOs, ensuring alignment between business objectives and risk mitigation strategies.
- Drive continuous improvement by introducing innovative risk assessment methodologies and automation initiatives.
Required Skills & Qualifications:
- Experience: 6+ years in third-party risk management or related field.
- Strong expertise in TPRM, GRC, IT risk management, and vendor governance frameworks.
- Hands-on experience in risk assessments, audit reviews, and regulatory compliance.
- Working knowledge of industry standards and frameworks such as ISO 27001, SOC 2, NIST, GDPR, RBI Guidelines, etc.
- Proficiency in GRC tools like Archer, ServiceNow, MetricStream, or similar platforms.
- Excellent analytical, problem-solving, and stakeholder management skills.
- Strong communication and interpersonal skills.
Preferred Certifications:
- CISA, CISM, CISSP, CRISC, or ISO 27001 LA certifications will be an added advantage.
Work Mode: Full-time, Permanent. Position Level: Manager/Senior Manager. Compensation: Competitive, based on experience and qualifications.
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