Third Party Risk Specialist - Associate

Icapitalnetwork; Salt Lake City (UT); Hybrid; USD 70,000 - 90,000; Full time

Benefits offered by this job

Comprehensive benefits package

Employer-matched retirement plan

Unlimited paid time off

Job summary

Icapitalnetwork is hiring a Vendor Risk Specialist to join their Information Security team in Salt Lake City, Utah. This role involves evaluating and managing the risks associated with third-party vendors, including performance assessments and communication of risk mitigation strategies.

The ideal candidate will have at least 5 years in technology with specific experience in vendor risk. The position offers a competitive salary ranging from $70,000 to $90,000, along with comprehensive benefits including health care and PTO.

Qualifications

• 5 years experience in a technology role with 2-3 years in vendor risk role.
• Excellent English writing skills.
• Familiarity with cloud security risks.

Responsibilities

• Evaluate third-party vendor controls and processes.
• Communicate and track remediation with vendors.
• Present metrics on the vendor risk program.

Skills

Vendor risk assessment

Communication skills

Detail-oriented

Knowledge of ISO-27001

Knowledge of security risks

Education

Bachelor's degree in computer science or related field

Tools

Vendor GRC tools

RiskRecon

Job description

About 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 questions 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.
• Communicate 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 Assurance team with client DDQs as vendor risk and client assurance are related programs.

Qualifications

• 5 years experience in a technology role with 2-3 years in a vendor risk role.
• Bachelor's degree in computer science, technology or an information security-related field.
• Experience with Upguard or other vendor GRC tools is a plus.
• Experience with RiskRecon or other security risk measurement tools is a plus.
• Understanding of ISO-27001 or NIST-800-based security program standards.
• Knowledge of relevant legal requirements, regulatory requirements, and privacy laws.
• Knowledge of security risks pertaining to cloud (i.e. IaaS, SaaS, AaaS).
• Quick learner with desire to continuously learn.
• Excellent communication skills including strong English writing skills.
• Detail oriented, ensuring that all requirements are met and documented.

Benefits

The base salary range for this role is $70,000 to $90,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer-matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).

Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.

iCapital is proud to be an Equal Employment Opportunity and affirmative action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.