Third Party Risk Analyst

LOCAL CANDIDATES ONLY APPLY! MUST BE IN THE OFFICE THE MAJORITY OF THE TIME!

Robert Half has partnered with an esteemed client in the Baltimore area to hire a Third-Party Risk Analyst. As part of their risk management and internal audit team, they are seeking a Third-Party Risk Analyst to support their efforts in managing third-party relationships and ensuring compliance with regulatory requirements.

As a Third-Party Risk Analyst, you will be responsible for evaluating, monitoring, and managing the risks associated with third-party vendors, suppliers, and service providers that have access to our client's data, systems, or facilities. Working closely with various departments across the organization, you will play a vital role in assessing the security, privacy, compliance, and operational risks posed by third parties and implementing risk mitigation strategies to safeguard company interests.

Key Responsibilities:

• Conduct comprehensive risk assessments of third-party vendors and service providers to evaluate their capabilities, controls, and adherence to internal policies, standards, and regulatory requirements.
• Review and analyze third-party contracts, agreements, and security documentation to identify potential risks, liabilities, and contractual obligations.
• Develop and implement risk mitigation strategies and action plans to address identified risks and vulnerabilities associated with third-party relationships.
• Monitor and track third-party risk indicators, including cybersecurity incidents, regulatory changes, financial instability, and reputational issues, to assess the ongoing risk exposure and potential impacts
• Collaborate with internal audit, compliance, and information security teams to align third-party risk management efforts with broader risk management objectives and initiatives.
• Collaborate with procurement, legal, and business units to ensure that third-party contracts include appropriate risk management provisions, service-level agreements, and compliance requirements.
• Conduct periodic reviews and audits of third-party vendors to verify compliance with contractual requirements, security standards, and regulatory obligations.
• Provide regular reporting and updates to senior management, the board of directors, and other stakeholders on the status of third-party risk management activities and key findings.
• Stay informed about industry trends, emerging risks, and best practices in third-party risk management to enhance our risk management capabilities and practices.

Send your resume to Tracy.Kaszuba at RobertHalf or to Tracy Kaszuba on LinkedIn. LOCAL CANDIDATES ONLY!!! MUST BE ABLE TO BE IN THE OFFICE DAILY!

• Bachelor's Degree in Risk, Business, Business Technology, Cybersecurity, or a related
• 2+ years of experience in third-party risk management, vendor management, procurement, internal audit
• Strong understanding of third-party risk management principles, methodologies, and best practices.
• Detail-oriented and organized, with the ability to manage multiple priorities and deadlines in a fast-paced environment.
• Proficiency in using risk management tools, software, and technologies to support third-party risk assessment and monitoring activities.
• Excellent analytical, problem-solving, and critical-thinking skills, with the ability to assess complex situations and make informed risk-based decisions.
• Effective communication and interpersonal skills, with the ability to collaborate with stakeholders at all levels of the organization.