The Third-Party Risk Analyst is responsible for identifying, assessing, monitoring, and mitigating risks associated with third-party vendors and service providers. This role ensures that all external entities comply with organizational risk management policies, regulatory requirements, and industry best practices.
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· Perform due diligence and risk assessments for new and existing third-party vendors.
· Develop, maintain, and update vendor risk profiles, classifications, and risk ratings.
· Collaborate with cross-functional teams (e.g., Privacy, Procurement, Security, Compliance) to assess vendor controls.
· Monitor vendor performance and risk exposure throughout the vendor lifecycle for high risk vendors
· Identify gaps or weaknesses in vendor risk postures and recommend corrective actions based on GRC standard and controls.
· Assist in the development and execution of third-party risk management policies, procedures, and standards.
· Maintain detailed documentation of risk assessments, findings, and remediation actions for high risk vendors.
Track and report on third-party risk metrics
Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.