Remote Third-Party Risk & Compliance Specialist

CSAA; Delaware; Remote; USD 105,000 - 141,000; Full time

Job summary

CSAA Insurance Group (CSAA IG) is seeking a Remote Third Party Vendor Risk Management Specialist to assess supplier risk and evaluate controls. You will profile, assess, and manage issues using established processes to reduce vendor risk and improve risk outcomes for the enterprise.

The role requires 6+ years in risk management or information security, with at least 4+ years in third-party risk. You will collaborate with Legal and Procurement, develop risk controls, and stay current on

Qualifications

• A related bachelor's degree or equivalent combination of education and experience is required.
• 6+ years of related experience including a minimum of 4 + years' experience in Third Party Risk Management or information security is required.
• Self-directed, able to work independently, as well as within a team.
• Communication skills and relationship building with internal business partners.
• Organizational skills to manage a high volume of simultaneous assessments.
• Knowledge of and experience with third-party risk management governance, policies, and organizational structures
• Understanding of the relevant legal and compliance requirements.

Responsibilities

• Risk Assessment: Conduct comprehensive risk assessments of third-party relationships to identify and evaluate potential risks across multiple risk domains.
• Due Diligence: Perform due diligence on third-party suppliers to ensure they meet the organization's standards and regulatory requirements.
• Risk Mitigation: Develop and implement risk mitigation strategies and controls to minimize the organization's exposure to third-party risks.
• Contract Review: Collaborate with Legal and Procurement teams to ensure appropriate risk mitigation provisions are included in the contract language.
• Reporting and Communication: Prepare and present reports on third-party risk management activities to senior management and relevant stakeholders. Communicate findings, recommendations, and risk mitigation strategies effectively to ensure awareness and understanding across the organization.
• Regulatory Compliance: Stay updated on relevant laws, regulations, and industry best practices related to third-party risk management. Ensure the organization's compliance with applicable regulations and proactively address any changes or updates.
• Training and Awareness: Develop and deliver training programs to educate employees on third-party risk management policies, procedures, and best practices. Foster a culture of risk awareness and accountability throughout the organization.
• Support efforts with senior executives, inside and outside the organization, to adopt a more rigorous risk posture and drive third-party vendor risk management and portfolio reduction.

Skills

Risk management

Communication

Organizational skills

Independent work

Stakeholder engagement

Regulatory compliance

Governance knowledge

Legal/compliance understanding

Education

Bachelor's degree

Equivalent education/experience

Tools

Aravo

Archer

ServiceNow

Coupa Risk Assess

Job description

CSAA Insurance Group (CSAA IG) is seeking a Remote Third Party Vendor Risk Management Specialist to assess supplier risk and evaluate controls. You will profile, assess, and manage issues using established processes to reduce vendor risk and improve risk outcomes for the enterprise.

The role requires 6+ years in risk management or information security, with at least 4+ years in third-party risk. You will collaborate with Legal and Procurement, develop risk controls, and stay current on