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Internship Third Party Risk Management Jobs in Springfield, MA

... third-party risk, and financial reporting controls * Performing risk assessments, information ... Project Management Professional (PMP) * Certified Information Privacy Professional (CIPP) The wage ...

Director of Safety & Risk

Hartford, CT · On-site

$78K - $127K/yr

... Third-Party Insurance Brokers and Providers. Under administrative direction, plans, organizes, directs and implements comprehensive safety, risk management, and loss control programs for the City ...

Head of Compliance

Glastonbury, CT · Remote

$129K - $173K/yr

Oversees third-party risk management and vendor compliance programs, particularly related to financial systems, payment providers, and technology platforms. * Provides regular reporting and strategic ...

Head of Compliance

Glastonbury, CT · On-site +1

$125K - $168K/yr

Oversees third-party risk management and vendor compliance programs, particularly related to financial systems, payment providers, and technology platforms. * Provides regular reporting and strategic ...

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Internship Third Party Risk Management information

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.

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 types of tasks and responsibilities can I expect during an internship in Third Party Risk Management?

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 to thrive as an Internship Third Party Risk Management, and why are they important?

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 are the most commonly searched types of Third Party Risk Management jobs in Springfield, MA? The most popular types of Third Party Risk Management jobs in Springfield, MA are:
What are popular job titles related to Internship Third Party Risk Management jobs in Springfield, MA? For Internship Third Party Risk Management jobs in Springfield, MA, the most frequently searched job titles are:
What cities near Springfield, MA are hiring for Internship Third Party Risk Management jobs? Cities near Springfield, MA with the most Internship Third Party Risk Management job openings:
Third-Party Risk Consultant

$86K - $113K/yr

Full-time

Posted 19 days ago


MassMutual rating

8.1

Company rating: 8.1 out of 10

Based on 36 frontline employees who took The Breakroom Quiz

133rd of 281 rated insurance


Job description

Third-Party Risk Consultant, ETX Governance, Risk & Compliance Team
Full-Time, Springfield/Boston
The Opportunity
As a Third-Party Risk Consultant, you will play a crucial role in implementing the third-party risk framework. This position is responsible for executing third-party risk assessments and due diligence activities across the MassMutual's third-party ecosystem. Additionally, you will support the adoption of risk management practices across the ETX organization. As a key member of the ETX Third-Party Technology Assurance team, you will help drive change and enhance operational efficiency throughout the organization.
The Team
The ETX Governance, Risk & Compliance Team is comprised of governance and risk professionals responsible for implementing governance processes and risk management practices for the ETX (Information Technology) organization. We work closely with our business and technology partners and succeed together by designing practical and effective technology governance and risk management solutions to increase operational efficiency.
The Impact
  • Analyze third-party services, data flows, and system integrations to identify and recommend inherent and residual risk exposure.
  • Collaborate with issue management teams to ensure identified risks, including vulnerabilities, are appropriately tracked, communicated, and remediated
  • Contribute to status reporting and metrics tracking for ongoing third-party risk activities
  • Evaluate, document, communicate, and support breach event and incident response activities
  • Execute risk evaluation procedures by reviewing evidence, documenting observations, and recording results in accordance with defined templates and quality standards
  • Identify control gaps, weaknesses, or non-compliance issues and clearly document and recommend findings for further review and disposition
  • Partner with senior practitioners to support risk rating determinations and escalation decisions
  • Apply knowledge and discretion when performing risk assessments to ensure third parties meet security and technology standards in alignment with established practices and procedures
  • Proactively escalate delays, gaps in information, or emerging risks to the team lead
  • Research and consult with internal subject matter experts to understand and document risk identified through risk assessments and due diligence practices, and communicate the findings to stakeholders

The Minimum Qualifications
  • 2+ years of experience in risk management and/or completing third-party risk assessments
  • 2+ years of experience implementing metrics to track status, identify trends, and surface potential issues
  • 2+ years of experience working in an enterprise GRC platform, including proficient use of Excel import/export functions

The Ideal Qualifications
  • Bachelor's degree, preferably in technology, cybersecurity, risk management, or business-related field
  • 3+ years of experience in third-party risk management, technology risk, cybersecurity, audit, or testing controls
  • Proficiency with SharePoint and related tools used to execute an effective regulatory compliance program
  • Experience communicating regulatory requirements to technical and non-technical audiences, and facilitating discussions between ETX owners, Compliance, and Law to ensure a shared understanding and effective compliance
  • Foundational understanding of third-party risk domains, including:
    • Cybersecurity and data protection
    • Cloud/SaaS risk considerations
    • Identity and access management (e.g., SSO vs. standalone access)
    • Business continuity and resiliency
  • Familiarity with industry frameworks such as NIST, ISO 27001, SOC 2, or similar
  • Ability to interpret control evidence and assess adequacy relative to risk
  • Strong written and verbal communication skills, with the ability to interact effectively with internal stakeholders and third parties
  • Demonstrated ability to execute with limited guidance while meeting deadlines in a structured, process-driven environment
  • Strong attention to detail and documentation discipline

What You Can Expect at MassMutual
MassMutual offers the opportunity to do meaningful work within a purpose-driven organization that values long-term impact over short-term outcomes. In this role, you can expect:
  • Clear areas of ownership and accountability, with work that connects directly to company and customer outcomes
  • A collaborative environment where perspectives are welcomed
  • Access to learning, development, and internal networks that support continuous growth and skill-building over time
  • Employee-led communities and forums that foster connection, learning, and inclusion across the organization
  • A culture grounded in integrity, responsibility, and stewardship-supported by a company with a strong legacy and a future-focused mindset

#LI-RK1
Salary Range:
$86,200-$113,100
At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.
Why Join Us.
We've been around since 1851. During our history, we've learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.
We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It's more than our company structure - it's our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.
MassMutual is an equal employment opportunity employer. We welcome all persons to apply.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.

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