Security Analyst

Crisil; Chennai District; On-site; INR 300,000 - 500,000; Part time

Job summary

A financial services company in Chennai is seeking a Security Analyst to conduct vendor risk assessments and ensure compliance with security policies. The role involves collaboration with internal teams and monitoring vendor risks. This is an entry-level contract position in the IT Services and IT Consulting industry, ideal for someone passionate about information security.

Qualifications

• Conduct comprehensive risk assessments of third-party vendors and evaluate information security practices.
• Perform due diligence on prospective vendors to ensure compliance with security standards.
• Continuously monitor third-party risk exposure and create reports on vendor risks.

Responsibilities

• Review and manage vendor contracts, ensuring appropriate risk management clauses.
• Collaborate with internal teams to implement risk mitigation strategies.
• Conduct periodic vendor audits to verify compliance with organizational policies.

Job description

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Responsibilities

• 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 elevate 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, and frameworks in alignment with industry best practices and regulatory requirements.
• Work closely with internal teams (e.g., Legal, Procurement, Compliance, IT Security) to ensure a unified approach to third-party risk management.
• Ensure compliance with relevant regulations, standards, and guidelines (e.g., GDPR, ISO 27001, NIST, PCI-DSS) related to third-party risk management.
• Conduct periodic vendor audits to verify compliance with contractual obligations and organizational policies.
• Assist in the investigation and resolution of third-party risk incidents, including data breaches or service disruptions.

Seniority level

• Entry level

Employment type

• Contract

Job function

• Information Technology

Industries

• IT Services and IT Consulting

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