Third Party Governance- Risk Analyst

Pyx Tech Pvt Ltd

Third Party Governance Role:

. Vendor Risk Identification and Analysis:

• Revise the Vendor Risk Assessment Playbook, Process, and Procedures to ensure they're up-to-date with industry practices.

• Construct a risk assessment plan using a standardized approach to minimize the bank's exposure to third-party vendor risks.

b. Third Party Cyber Risk Assessments:

• Analyse third-party cyber risk assessment documents and procedures to ensure comprehensive risk management.

• Continually monitor and adapt to new risks, ensuring that assessment strategies are proactive.

c. Tools, Measurement, and Analysis:

• Scrutinize and validate cyber tools and create test cases to assess the effectiveness of third-party cyber risk tools.

• Optimize the use of JIRA for improved tracking and management of cyber assessments.

d. Program Governance – Cyber PMO:

• Establish a Cyber Program Management Office to oversee and align cyber risk projects with organizational goals.

• Provide ongoing support for cyber risk initiatives and ensure effective communication among all stakeholders.

Vendor Risk Assessment and Mitigation

1. Walkthroughs and Understanding: Conducting in-depth sessions with application owners to comprehend the application architecture, services provided, and IT processes involved.

2. Assessment Scope and Connectivity: Defining the scope of the assessment and identifying how vendor services connect with the organization’s existing architecture.

3. Questionnaire Distribution and Assistance: Tailoring assessment questionnaires based on vendor service applicability and facilitating stakeholders in completing them.

4. Evidence Review and Follow-ups: Reviewing the evidence provided by stakeholders and conducting follow-up meetings for clarification and understanding of responses.

5. Gap Analysis and Validation: Analysing the questionnaires to identify gaps and conducting validation sessions with stakeholders on the findings.

6. Risk Assessment Reporting: Compiling

• Experience

  4 - 10 Years

• No. of Openings

  2

• Education

  Any Bachelor Degree

• Role

  Risk Analyst

• Industry Type

  Banking / Financial Services / Stock Broking

• Gender

  [ Male / Female ]

• Job Country

  India

• Type of Job

  Full Time

• Work Location Type

  Work from Office