Third Party Risk Associate, Allegis Group, Hanover, MD
Third Party Risk Associate
Job description
Job Summary:
The Third Party Risk Associate will support the Third Party Risk Management (TPRM) team as well as other groups within the ECRM department. The Third Party Risk Associate will partner with the business to understand third party (including technology, professional services, strategic partners, etc. third parties) use cases and conduct relevant and risk-based due diligence to develop risk assessments. The Third Party Risk Associate will audit the teams documentation for compliance with policy and procedures and maintain up to date information within the third-party risk application. This role will assist with reporting across ECRM and creating visibility into compliance and risk initiatives.
Essential Functions:
- Use a risk-based approach when evaluating third parties
- With leader support, be able to articulate and explain third partys potential risk to business stakeholders
- Complete annual reviews based on the risk assessment findings and the risk matrix
- Build relationships with strategic partners and Subject Matter Experts
- Audit the TPRM process and refine the process based on feedback from partners
- Manage the annual review report
- Track risks and remediations through the Risk Register
- Ability to understand third party risk terms as it relates to Cybersecurity and Privacy
- Complete compliance/sanction screenings for customer and client requests
- Create SOPs to document TPRM processes
Minimum Education and/or Experience:
- Bachelors degree in Business Administration, Management, Risk, IT, Cybersecurity, Procurement, or related field
- 0-3 years of work experience
Skills and Abilities:
- Must have excellent verbal and written communication skills
- Ability to issue spot real time
- Interpersonal skills
- Must be highly organized and detail oriented
- MS Office and Excel experience
- Analytical and problem solving skills
- Continuous drive towards process improvement and efficiency
- Build relationships
- Develop people
- Lead change
- Inspire Others
- Think critically
- Communicate clearly
- Create accountability?