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Internship Vendor Risk Analyst Jobs in Maryland (NOW HIRING)

Analyze tail risks and conduct stress tests based on hypothetical and historical scenarios ... Prototype and develop risk reporting and interactive tools to extend upon vendor risk platforms ...

The GRC Analyst supports the administration of Information Security Governance, Risk, and ... Recent graduate with relevant internship or equivalent experience. Preferred * ServiceNow ...

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Internship Vendor Risk Analyst information

What is an internship vendor risk analyst?

An Internship Vendor Risk Analyst is an entry-level position, often designed for students or recent graduates, that focuses on assessing and managing the risks associated with third-party vendors. Interns in this role help organizations evaluate the security, compliance, and reliability of vendors by analyzing documentation, conducting risk assessments, and supporting ongoing risk monitoring activities. They work under the guidance of senior analysts to ensure vendors meet company standards and regulatory requirements, gaining hands-on experience in risk management and vendor oversight.

What are the key skills and qualifications needed to thrive as an internship vendor risk analyst, and why are they important?

To thrive as an Internship Vendor Risk Analyst, you need a solid understanding of risk assessment, vendor management principles, and basic knowledge of compliance frameworks, often supported by coursework in finance, business, or information security. Familiarity with tools like Excel, risk management software, and platforms such as SAP Ariba or RSA Archer is typically expected. Attention to detail, analytical thinking, and effective communication are standout soft skills for gathering data and collaborating with internal stakeholders. These skills are crucial for identifying potential vendor risks, ensuring regulatory compliance, and supporting organizational decision-making.

What are some common challenges internship vendor risk analysts face when assessing third-party vendors?

Internship Vendor Risk Analysts often encounter challenges such as limited access to comprehensive vendor data, navigating complex regulatory requirements, and balancing multiple stakeholder interests. Interns must learn to evaluate risk with incomplete information and communicate findings clearly to both internal teams and vendors. Building strong analytical and communication skills, as well as understanding the organization's risk appetite, are key to overcoming these challenges and making meaningful contributions during the internship.

What is the difference between Internship Vendor Risk Analyst vs Vendor Risk Analyst?

AspectInternship Vendor Risk AnalystVendor Risk Analyst
CredentialsTypically pursuing or recent graduate, some certifications optionalUsually requires professional certifications like CRISC or CTP
Work EnvironmentInternship setting, entry-level tasks, learning-focusedFull-time role, responsible for ongoing risk assessments
Industry UsageCommon in finance, consulting, and tech companies for trainingEstablished position in risk management departments across industries

The Internship Vendor Risk Analyst is an entry-level role designed for students or recent graduates gaining experience in vendor risk management. In contrast, the Vendor Risk Analyst is a full-time professional responsible for ongoing risk assessments and mitigation strategies. While both roles involve evaluating vendor risks, the internship focuses on learning and support, whereas the analyst role involves independent decision-making and expertise.

What are the most commonly searched types of Vendor Risk Analyst jobs in Maryland?

The most popular types of Vendor Risk Analyst jobs in Maryland are:

What cities in Maryland are hiring for Internship Vendor Risk Analyst jobs?

Cities in Maryland with the most Internship Vendor Risk Analyst job openings:

Senior Risk Analyst, Privacy & Third-Party Risk

T Rowe Price

Baltimore, MD

Full-time

Re-posted 15 days ago


T. Rowe Price rating

9.1

Company rating: 9.1 out of 10

Based on 21 frontline employees who took The Breakroom Quiz


Job description

Role Summary

The Senior Risk Analyst - Privacy &ThirdPartyRisk is aSecond Line of Defense (2LoD)role and a member of theGlobal Privacy Office (GPO)andThirdPartyRisk Management (TPRM)function. The role provides independent risk oversight, effective challenge, and assurance over first-line activities andoutsourced TPRM services,operatingwithminimal supervisionand a high degree of professional judgment.

This position is expected to independently manage complex risk assessments, lead oversight activities,identifyemerging risk themes, and deliver clear, actionable insights to senior stakeholders and governance committees.

Responsibilities

Privacy Risk- Global Privacy Office:

  • Independently provide 2LoD oversight of privacy risks arising from first-line business activitiesand serveas a subject matter resource on privacy risk matters.
  • Lead review andchallengeofPrivacy Impact Assessments (PIAs), Data Protection Impact Assessments (DPIAs), and privacy risk assessments.
  • Evaluate the design and operating effectiveness of privacy controls and recommend enhancements aligned with regulatory expectations and risk appetite.
  • Independently review privacy incidents, including root cause analyses and remediation plans.
  • Provide technicalexpertiseandsupportthe implementation of privacy and data protection processes, controls, and procedures based on enterprise-wide guidance issued by the Global Privacy Office.
  • Support the process of Privacy and Security by Design reviews, in particular, wherethey relate to the development and deployment of new technologies.This includes reviewing technical implementation details and design documentation for new systems andfeatures, andproviding guidance on improving privacy features in
  • those systems.
  • Collaborate with technology and security teams to embed privacy controls into the architecture of products and services, including providing advice and best practices to protect and mitigate privacy risks.
  • Identifyopportunities to enhance the Global Privacy Office's technical capabilities, develop,testand work with technology teams to deploy such capabilities.
  • Support the maintenance of the firm's required privacy compliance documentation (e.g., Records of Processing Activities, Transfer Impact Assessments, procedures, guides, training, SharePoint sites).
  • Support the execution of the privacy compliance monitoring program.

Third-Party Risk Management:

  • Perform quality assurance and effective challenge of third-party risk outputs produced by external service providers and first-line stakeholders.
  • Monitor adherence to SLAs, KPIs, and contractual obligations of outsourced TPRM providers and escalate deficiencies asappropriate.
  • Identifysystemic control gaps, concentration risk, and emerging third-party risk trends across the vendor population.
  • Support thirdparty cyber and information security risk review activities.
  • Contribute to the ongoing development of fourth-party risk governance and oversight practices.
  • Identifyopportunities to enhanceTRPM's technical capabilities, develop,testand work with technology teams to deploy such capabilities.
  • Support the maintenance of the firm's requiredTPRMcompliance documentation (e.g.,Policy, Supplier Management Standards, questionnaire templates, frameworks, training, Share Point sites).

Risk Governance, Reporting & Analytics:

  • Independently develop and deliver executive-level risk reporting, dashboards, and management information.
  • Assistwith monitoring and reporting emerging AI and technology risks across privacy andthird partyrisk, contributing to oversight of controls, assessments, and reporting.
  • Leverage AI-enabled tools and advanced analytics toidentifytrends, emerging risks, and control weaknesses.
  • Lead preparation for regulatory examinations, internal audits, and management assurance activities related to privacy and third-party risk oversight.
  • Maintainaccurate, complete documentation in GRC, privacy, and TPRM systems and ensure audit-ready artifacts.

Qualifications

Required:

  • Bachelor's degree in Risk Management, Information Systems, Finance, Business, Law, ora relatedfield.
  • 5+ years of experience insecond-line risk management, privacy risk, or third-party risk oversight, preferably within financial services or asset management(or other industry subject to equivalent regulatory scrutiny).
  • Demonstrated ability tooperateindependently with minimal guidance in a 2LoD environment.
  • In-depth knowledge of global privacy regulations andoutsourced TPRM operating models.
  • Required Certifications (at least one):
  • Certified Information Privacy Professional (CIPP/US, CIPP/E)
  • Certified Information Systems Auditor (CISA)
  • Certified in Risk and Information Systems Control (CRISC)
  • Certified Third Party Risk Professional (CTPP)

Preferred:

  • Experience leading or independently managing 2LoD privacy or TPRM oversight activities.
  • Asset management or broader financial services experience.
  • Additionalcertifications:
  • CIPM or CIPT
  • ISO 27001 Lead Implementer or Auditor
  • Familiarity with SEC, FINRA, and global regulatory expectations.

Tools & Technology (Preferred)

  • Advanced experience with GRC, privacy, and TPRM platforms (e.g., Archer, ServiceNow, OneTrust,IBM OpenPages).
  • Strongproficiencywith reporting and analytics tools (e.g., Power BI, advanced Excel).
  • Practical experience using AI-enabled risk, compliance, or data analytics tools to enhance oversight and reporting(e.g., Microsoft Co-Pilot, ChatGPT Enterprise).
  • Ability to automate reporting and improve risk visibility.

Key Competencies

  • Strong independent judgment and risk-based decision-making.
  • Ability to provide credible, effectivechallengeat senior levels.
  • Excellent written and verbal communication skills.
  • Strong issue management, quality assurance, and governance discipline.
  • Comfortoperatingautonomously in a global, regulated environment.

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for hybrid work, with up to one day per week from home.


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