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Internship Third Party Risk Management Jobs in Madison, WI

CUNA Mutual Group

Cybersecurity Analyst III

Madison, WI · On-site

Review and evaluate third-party security posture, helping to identify risks, document findings, and ... Support leadership with all aspects of the cybersecurity enterprise-wide risk management program ...

Trustage

Cybersecurity Analyst III

Madison, WI · On-site

Review and evaluate third-party security posture, helping to identify risks, document findings, and ... Support leadership with all aspects of the cybersecurity enterprise-wide risk management program ...

WPS Health Solutions

Senior IT Security Analyst

Madison, WI · On-site

$90K - $115K/yr

... risk assessments within ServiceNow IRM and Managed Documents. * Can conduct risk assessments ... Have assessed and monitored third-party vendors to ensure compliance with company security policies ...

WPS

Senior IT Security Analyst

Madison, WI · On-site +1

$90K - $115K/yr

... risk assessments within ServiceNow IRM and Managed Documents. * Can conduct risk assessments ... Have assessed and monitored third-party vendors to ensure compliance with company security policies ...

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Internship Third Party Risk Management information

What is an internship in third party risk management?

An internship in Third Party Risk Management involves assisting organizations in identifying, assessing, and mitigating risks associated with their external vendors or partners. Interns typically support tasks such as conducting due diligence, reviewing vendor contracts, monitoring compliance, and helping to develop risk assessment reports. This position provides hands-on experience in risk analysis, compliance procedures, and understanding regulatory requirements related to third-party relationships. It's an excellent opportunity for students interested in risk management, compliance, or supply chain management to gain practical skills and industry knowledge.

What does an internship in third party risk management involve?

As an intern in Third Party Risk Management, you can expect to support the team in assessing, monitoring, and mitigating risks related to external vendors and partners. Typical tasks may include conducting due diligence reviews, assisting with risk assessments, updating databases, and helping prepare reports for senior management. You may also collaborate closely with procurement, compliance, and information security teams to ensure that third-party relationships align with company policies and regulatory requirements. This hands-on experience is valuable for understanding risk management processes and building cross-functional communication skills.

What are the key skills and qualifications needed for an internship in third party risk management?

To thrive in an Internship Third Party Risk Management role, you need a background in finance, business, or risk management, with strong analytical and research skills. Familiarity with risk assessment tools, vendor management systems, and Microsoft Excel is often required. Attention to detail, effective communication, and problem-solving abilities are important soft skills that set candidates apart. These competencies are crucial for accurately identifying and mitigating risks associated with third-party vendors, ensuring organizational compliance and security.

What is the difference between Internship Third Party Risk Management vs Third Party Risk Analyst?

AspectInternship Third Party Risk ManagementThird Party Risk Analyst
CredentialsTypically pursuing or recent graduate, no formal certification requiredBachelor's degree often required; certifications like CTPRP beneficial
Work EnvironmentInternship setting, supervised, entry-level tasksFull-time professional role, analytical and risk assessment tasks
Employer & Industry UsageInternship programs in finance, banking, or corporate sectorsFinancial institutions, corporations, and consulting firms

Internship Third Party Risk Management is an entry-level, supervised role for students or recent graduates gaining exposure to third-party risk processes. In contrast, a Third Party Risk Analyst is a full-time professional responsible for analyzing and managing third-party risks, often requiring relevant education and certifications. Both roles are essential in risk management but differ in experience level and responsibilities.

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For Internship Third Party Risk Management jobs in Madison, WI, the most frequently searched job titles are:

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Cities near Madison, WI with the most Internship Third Party Risk Management job openings:

Internship Third Party Risk Management jobs near you

Technology Vulnerability Remediation Specialist

CUNA Mutual Group

Madison, WI • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted yesterday

Job description

At TruStage, we're on a mission to make a brighter financial future accessible to everyone. We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance and financial services solutions, we push the boundaries of what's possible. We need you to help us shape what's next. You'll be encouraged to share your experiences, ideas and skills to help others take control of their financial future.
Join a team that has received numerous awards for being a top place to work: TruStage awards and recognition
Job Responsibilities:
Vulnerability Management Strategy & Governance
  • Lead the development, implementation, and refinement of IT's vulnerability management strategy and remediation processes.
  • Establish and manage governance frameworks to ensure accountability, consistency, and transparency in IT's vulnerability remediation activities.

Vulnerability Identification & Assessment
  • Oversee the continuous identification of vulnerabilities across IT assets, including software, hardware, cloud environments, and third-party services.
  • Ensure regular vulnerability assessments and scans are conducted, including penetration tests.
  • Collaborate with Information Security's Threat Intel team to understand emerging vulnerabilities, zero-day threats, and high-risk exposures.

Collaboration & Reporting
  • Coordinate with relevant stakeholders to ensure remediation efforts are focused on the highest-priority vulnerabilities.
  • Collaborate with IT Operations and DevOps teams to implement solutions and ensure timely resolution of vulnerabilities.
  • Track and report on remediation progress, identifying roadblocks and implementing corrective actions where necessary.

Remediation & Mitigation
  • Serve as the primary point of contact for all vulnerability remediation-related issues.
  • Develop and distribute regular reports to senior leadership, outlining vulnerability trends, remediation status, and risk mitigation efforts.
  • Maintain clear communication with internal stakeholders to keep them informed about vulnerability-related threats and remediation efforts.

Continuous Improvement & Process Optimization
  • Continuously evaluate and optimize the vulnerability remediation process, incorporating lessons learned from past remediation cycles and industry best practices.
  • Lead efforts to improve the efficiency and effectiveness of vulnerability scanning, tracking, and reporting tools and systems.

Training & Awareness
  • Develop and deliver training materials to technical teams on effective vulnerability identification and remediation.
  • Foster collaboration between teams to ensure vulnerability management practices are understood and adhered to throughout the organization.

The above statement of duties is not intended to be all inclusive and other duties will be assigned from time to time.
Job Requirements:
  • Bachelor's degree in computer science, information technology, cybersecurity, or related field, or equivalent combination of education and/or related professional work experience.
  • 5+ years of experience in IT, information security, vulnerability management, risk management, or related roles.
  • Demonstrated experience designing, owning, or governing enterprise-level IT or security processes.
  • Strong understanding of vulnerability management concepts, including identification, assessment, remediation, and mitigation.
  • Hands-on knowledge of vulnerability scanning, assessment, and penetration testing practices and tools.
  • Understanding of regulatory, compliance, and risk management requirements related to cybersecurity and IT operations.
  • Strong process optimization mindset with experience applying lessons learned and industry best practices.
  • Demonstrated ability to collaborate effectively with multiple leadership levels and across teams and functions.
  • Excellent written and verbal communication skills, including the ability to explain technical risks and remediation status to non-technical audiences.
  • Strong analytical and reporting skills, with experience tracking remediation progress and vulnerability trends.
  • Ability to identify remediation roadblocks, recommend corrective actions, and escalate risks appropriately.

#LI-SW
If you're ready to help make a difference, apply today. A resume is required to apply. TruStage may process applicant information using an Artificial Intelligence (AI) tool. This tool automatically generates a screening score based on how well applicant information matches the requirements and qualifications for the position. TruStage recruiters use the screening score as a guide to further evaluate candidates; the score is one component of an application review and does not automatically determine whether a candidate moves forward. Candidates may choose to opt out of this process.
Compensation may vary based on the job level, your geographic work location, position incentive plan and exemption status.
Base Salary Range:
$91,400.00 - $137,100.00
At TruStage, we believe a sound, inclusive benefits program is of vital importance, along with a flexible workplace that allows for work-life balance, career growth and retirement assistance. In addition to your base pay, your position may be eligible for an annual incentive (bonus) plan. Additional benefits available to eligible employees include medical, dental, vision, employee assistance program, life insurance, disability plans, parental leave, paid time off, 401k, and tuition reimbursement, just to name a few. Beyond pay and benefits, we also recognize that flexibility, including working in a place you prefer, is essential to caring for our employees. We will continue to strive to offer flexibility and invest in technology and other tools that will make hybrid working normal rather than an exception, so that when "life happens," you can focus on what's most important.
Accommodation request
TruStage is a place where everyone can bring their best self and thrive. If you need application or interview process accommodations, please contact the accessibility department.

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