Third-Party Risk Analyst

IND KCI Medical India Private limited; Bengaluru; Hybrid; INR 1,200,000 - 2,400,000; Full time

Job summary

Solventum is seeking a Third Party Risk Analyst to lead risk assessments and compliance analyses for vendors and partners. The role collaborates with Architecture, Vulnerability Management, Sourcing, Legal, and Product teams to ensure data integrity and effective governance of third-party relationships.

The candidate will use OneTrust and ServiceNow for risk management, work with data analytics tools like Tableau and Power BI, and influence business decisions with risk-based insights.

Qualifications

• Bachelor's degree in computer science, information security, or equivalent with 7+ years of information security/risk experience or 3+ years direct third-party risk management in a large matrixed firm.
• Certification in CRISC, CISSP, CISM or CISA.
• 5 years' third-party risk assessment experience desirable in private, public, government or military environments.
• Experience with third-party risk management and governance apps like OneTrust, ServiceNow, Security Scorecard, RiskRecon or similar.
• Experience with data analytics tools such as Tableau, Power BI.

Responsibilities

• Manage multiple concurrent risk assessments for Solventum systems and products.
• Perform security risk analyses and compliance assessments of third parties.
• Maintain enterprise third-party inventory with data accuracy and dashboards.
• Develop relationships with Sourcing, Procurement, Legal, Privacy, and stakeholders.
• Provide risk-based recommendations to support business decisions and governance.

Skills

Information Security

Risk Assessment

Vendor Risk Management

Data Analytics

Cross-functional Collaboration

Education

Bachelor's degree in Computer Science or Information Security

CRISC / CISSP / CISM / CISA certification

Tools

OneTrust

ServiceNow

Security Scorecard

RiskRecon

Tableau

Power BI

Job description

At Solventum, we improve lives by helping healthcare professionals do their best work. Join a team using innovation and insight to make a real impact on the future of healthcare. All roles listed are with Solventum, and we're committed to protecting your personal information—learn more in our Privacy Policy: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/

Job Description

Third Party Risk Analyst. 3M Health Care is now Solventum

The Impact You'll Make in this Role

• Manage multiple concurrent Risk Assessments for Solventum systems and products, coordinating with Architecture, Vulnerability Management, Sourcing, Legal, Procurement, Product Teams, and Business Teams.
• Perform security risk analyses and compliance assessments of third parties in accordance with industry best practices, delivering comprehensive, contextualized, and actionable information.
• Maintain the enterprise third-party inventory by ensuring data accuracy, completeness, and integrity; monitor and report on key inventory metrics and dashboards to support effective third-party risk management and governance activities.
• Develop strong working relationships with Sourcing, Procurement, Legal, Privacy, and other key stakeholders while maintaining a process-owner-focused approach.
• Build and leverage an extensive network of positive relationships across Solventum and its technology organizations to support the broad requirements of the role.
• Work independently with limited direction and guidance while effectively managing priorities.
• Understand complex enterprise vendor use cases and identify risks associated with authentication, data management, integrations, and other key security considerations.
• Provide risk-based recommendations and insights to support informed business decisions and strengthen third-party risk management practices.

Your Skills and Expertise (Minimum Qualifications)

• Bachelor’s degree in computer science, Information Security, or equivalent and 7(seven) years of relevant experience in Information Security/Risk OR Demonstrated 3 years direct experience in third-party risk management with a large matrixed firm.
• An applicable certification such as in Risk (CRISC), Security (CISSP, CISM) or Audit (CISA).
• Additional qualifications (Nice to have): 5 years' direct experience in third party risk assessment in a private, public, government or military environment
• Experience working with third-party risk management and governance applications such as OneTrust, ServiceNow, Security Scorecard, RiskRecon, or similar platforms used for inventory management, risk assessments, monitoring, and reporting.
• Experience and proficiency working with data analytics tools used to evaluate and manage inventory such as Tableau, Power BI, etc.
• Work location: Hybrid Travel: May include up to 20% Relocation Assistance: Is not authorized.

Supporting Your Well-being

• Solventum offers many programs to help you live your best life - both physically and financially.
• To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope.

Diversity & Inclusion (*)

• We are an equal opportunity employer and value diversity at our company.
• We do not discriminate on the basis of race, religion, gender, sexual orientation, age, civil status, disability, family status, or membership of the travelling community.
• Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process.

Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers. Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.

A new healthcare company with a rich history. With more than 70 years of delivering healthcare innovations, we continue to move the industry forward by helping to solve our customers’ biggest challenges. 20,000+ employees worldwide. Solventum relies on the courage and the boundless insights of professionals worldwide to achieve exceptional results for our customers and those who rely on them. Healthcare that leads with heart and humility starts with listening and never finishes, only evolves. As long as healthcare challenges remain unsolved, we will be here, united by empathy and a relentless belief that countless lives are improved through our work. Operations in 38 countries. Driven by our dedication to improved outcomes for all we serve, we break through by making unprecedented connections that impact lives. In more than 300 offices and facilities around the world, we work closely with customers and partners to create positive healthcare outcomes that transcend borders. To realize our shared vision, we harness diverse talents and perspectives from every background to not only address our customers' most urgent priorities but anticipate the needs of the future