Third Party Risk Specialist - Associate
iCapital · Salt Lake City, Utah, US
Ab out the Role iCapital is looking to hire a Vendor Risk Specialist to join the Information Security team. This role works on a small team to evaluate the r...
Job description
Ab out the Role iCapital is looking to hire a Vendor Risk Specialist to join the Information Security team. This role works on a small team to evaluate the risk of third-party vendors. Vendor risk includes information security, financial, business continuity, and regulatory risk. The vendor risk process includes engaging internal vendor relationship owners and vendor contacts to obtain various artifacts and question and answers for review. This will identify any outstanding risks which are presented to management for risk acceptance. Responsibilities: - Perform third-party vendor security assessment activities including evaluation of vendor controls, practices, process enhancements, and independent audit service reports via a vendor risk system. - Communicates directly with third party vendors to obtain artifacts and answers to iCapital diligence questions (DDQs). - Recommend mitigating and compensating controls for vendor security programs. - Communicate and track remediation plans with third-party vendors, business and technology partners. - Escalate outstanding risk items to management. - Maintain and present metrics on the vendor risk program to management. - Assist the Assuran...