Job Description
- Conduct comprehensive risk assessments of third-party vendors, including evaluating their information security practices, operational capabilities, and compliance with legal and regulatory requirements
- Perform due diligence on prospective and existing vendors, ensuring they meet the organization's standards for security, privacy, and business continuity.
- Continuously monitor third-party risk exposure and create regular reports on the risk status of vendors. Identify and escalate potential issues to management.
- Review and manage vendor contracts, ensuring that appropriate risk management clauses and service-level agreements (SLAs) are in place.
- Collaborate with internal stakeholders and vendors to develop and implement risk mitigation strategies. Recommend corrective actions or improvement plans for third-party vendors with identified risks
- Assist in the development and maintenance of third-party risk management policies, procedures, ...
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