Cybersecurity Third Party Risk Management Analyst

Job Description

Insight Global is seeking a Third Party Risk Management Analyst to join a cybersecurity team at one of our large healthcare clients. The ideal individual will work fully remote (in the approved states) and will be responsible for ensuring the organization effectively manages risks associated with third‑party vendors and partners throughout the entire third‑party lifecycle, including vendor selection, contract negotiation, ongoing monitoring, and termination.

This involves not only identifying and evaluating risks but also collaborating with various teams, particularly Legal and Procurement, to embed risk mitigation strategies into contractual agreements.

• Vendor Risk Assessment (VRA):
  • Conduct thorough risk assessments for potential and existing vendors, focusing on various risk types, including cybersecurity, operational, financial, and compliance risks.
  • Utilize and potentially create vendor risk assessment questionnaires to gather detailed information about vendor practices, including data security policies, internal controls, compliance posture, and business continuity plans.
  • Analyze questionnaire responses and other relevant information to identify deficiencies, areas for remediation, and categorize vendors based on risk levels.
  • Engage with stakeholders to communicate assessment results, address security concerns, and collaborate on potential remediation actions.
  • Perform periodic reviews and reassessments of existing vendors to ensure ongoing compliance and address evolving risks.
• Contract Negotiation:
  • Partner with Legal and Procurement teams during contract negotiations to ensure security, privacy, and other relevant risk clauses are adequately addressed.
  • Provide expert guidance on acceptable and unacceptable contract terms related to risk management, service level agreements (SLAs), and data protection.
  • Work to define and include clear performance standards, due diligence requirements, and exit strategies within contracts.
• TPRM Program Development and Maintenance:
  • Support the development, maintenance, and enhancement of the organization's Third‑Party Risk Management program and framework.
  • Develop and update TPRM procedures to ensure alignment with organizational policies and regulatory requirements.
  • Identify and implement process efficiencies within the TPRM program and perform analyses on team metrics to enhance effectiveness.
• Stakeholder Collaboration and Communication:
  • Build and maintain strong relationships with internal stakeholders across departments such as Legal, Procurement, Information Security, and Business Units.
  • Provide TPRM guidance and training to Vendor Relationship Owners and business partners on risk management practices.
  • Communicate identified risks, assessment results, and mitigation strategies to stakeholders, including senior management, clearly and concisely.
• Ongoing Monitoring and Remediation:
  • Track identified risks associated with third parties and ensure timely reviews are performed.
  • Monitor key supplier performance against established SLAs and regulatory requirements.
  • Track and collaborate with internal partners and vendors to remediate any risk‑related issues.

$35/hr - $55/hr

We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances.

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