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Internship Vendor Risk Analyst Jobs in Batavia, IL

... internships included) in investment risk, performance measurement/attribution, portfolio analytics, trading/markets, or a related asset-management function; exposure to index/passive or ETFs is a ...

Experience in the (re)insurance, ILS, consulting, or catastrophe model vendor environment ... or risk analytics. Catastrophe Risk R&D: At SageSure, the Catastrophe Risk R&D team is redefining ...

... internships included) in investment risk, performance measurement/attribution, portfolio analytics, trading/markets, or a related asset-management function; exposure to index/passive or ETFs is a ...

Budget, Vendor, and Resource Management * Assist the Head of Risk Transformation in managing the Risk organization's budget, including forecasting, tracking, and variance analysis. * Support vendor ...

Budget, Vendor, and Resource Management * Assist the Head of Risk Transformation in managing the Risk organization's budget, including forecasting, tracking, and variance analysis. * Support vendor ...

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Internship Vendor Risk Analyst information

See Batavia, IL salary details

$66.3K

$110.4K

$148.3K

How much do internship vendor risk analyst jobs pay per year?

As of Aug 8, 2026, the average yearly pay for internship vendor risk analyst in Batavia, IL is $110,435.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,600.00 and $133,500.00 per year, depending on experience, location, and employer.

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 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 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 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 Batavia, IL? The most popular types of Vendor Risk Analyst jobs in Batavia, IL are:
What are popular job titles related to Internship Vendor Risk Analyst jobs in Batavia, IL? For Internship Vendor Risk Analyst jobs in Batavia, IL, the most frequently searched job titles are:
What job categories do people searching Internship Vendor Risk Analyst jobs in Batavia, IL look for? The top searched job categories for Internship Vendor Risk Analyst jobs in Batavia, IL are:
What cities near Batavia, IL are hiring for Internship Vendor Risk Analyst jobs? Cities near Batavia, IL with the most Internship Vendor Risk Analyst job openings:

Vendor Analyst, AI & Technology Risk

The Mutual Group

Chicago, IL โ€ข Hybrid

$85K - $110K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 20 days ago


Job description

Department:

Information Technology

Job Description:

Execute day-to-day operations of AI and Technology Risk Governance, with primary responsibility for vendor AI governance and detection across The Mutual Group and its member insurance carriers.

This is a fully hands-on individual contributor role responsible for ensuring vendor AI usage is identified, tracked, and routed through the AIS Program governance process. The role also supports broader governance activities across AI Systems, Cyber Security, Data Privacy (IT lens), and IT Controls.

Work Arrangement:

  • Employees who live within 30 miles of the TMG home office are expected to follow a hybrid or in-office schedule. The initial training period may require additional inoffice days.

Accountabilities:

Vendor AI Governance (Primary Focus)

  • Execute the vendor-wide AI detection process across the full vendor portfolio:

    • Conduct periodic vendor attestations

    • Track vendor disclosures, updates, and AI usage changes

  • Ensure vendors using AI are:

    • Identified promptly

    • Routed through the AIS Program review framework

  • Maintain and track:

    • Vendor AI inventory

    • FactSheet submissions and updates

  • Support Vendor Management in aligning with third-party risk requirements

AI Governance Operations

  • Support execution of AI intake and governance workflows:

    • Track AIA Forms and FactSheets

    • Ensure completeness and follow-ups

  • Perform initial triage for low-risk AI use cases

  • Support activities of the AIS / Security Governance Team, including documentation and workflow tracking

Monitoring & Validation Support

  • Support twice-annual AI system and vendor review cycles

  • Track:

    • Vendor AI changes

    • Model updates requiring re-review

  • Assist in ensuring monitoring outputs are captured and documented

Documentation & Controls

  • Maintain:

    • AI system inventory

    • Vendor AI tracking logs

    • Governance documentation and audit trails

  • Support:

    • Evidence collection for audits and regulatory reviews

    • Control documentation for IT and security governance

Broader Technology Risk Support (Secondary)

  • Support tracking and documentation for:

    • Cyber security governance activities (NIST CSF, NYDFS)

    • Data privacy controls (CCPA, IT lens)

    • IT general controls and risk register inputs

Reporting & Coordination

  • Assist with preparation of:

    • AIS Committee materials

    • Governance and vendor risk reports

  • Coordinate with:

    • Vendor Management

    • AI / Technology teams

    • Risk and Compliance teams


Qualifications:

  • 3+ years in risk, compliance, IT, security, or vendor risk management

  • Experience with TPRM and GRC tools (like Archer, ServiceNow, OneTrust, Upguard)

  • Experience supporting third-party risk or audit processes preferred

  • Familiarity with:

    • Vendor risk management practices

    • AI governance concepts (preferred)

    • NIST CSF, SOC 2, or similar frameworks

    • Data privacy concepts (CCPA preferred)

  • Strong attention to detail and process discipline

  • Ability to manage multiple workflows and follow-ups

Pay Range:

Anticipated Hiring Range:

  • $85,000 - $110,000 annual base salary depending on experience, qualifications, and geographic location

Benefits:

We are proud to offer our full-time regular employees a robust benefits suite that includes:

  • Competitive base salary plus incentive plans for eligible team members

  • 401(K) retirement plan that includes a company match of up to 6% of your eligible salary

  • Free basic life and AD&D, long-term disability and short-term disability insurance

  • Medical, dental and vision plans to meet your unique healthcare needs

  • Wellness incentives

  • Generous time off program that includes personal, holiday and volunteer paid time off

  • Flexible work schedules and hybrid/remote options for eligible positions

  • Educational assistance

Equal Opportunity Employer

The Mutual Groupis an Equal Opportunity Employer. It is our policy to recruit, hire, train and promote individuals in all job classifications without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or any other characteristic protected by law.

  • Know Your Rights: Workplace Discrimination is Illegal

  • Your Rights Under USERRA

Applicants requiring a reasonable accommodation due to a disability at any stage of the employment application process should contactTalent@themutualgroup.com.

Employment Verification

The Mutual Group participates in theE-Verifyprogram and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. You are protected fromemployment discriminationbased on your citizenship status and national origin.

E-Verify Program Overview

E-Verify Participation Poster

All offers of employment are contingent upon the successful completion of a background check.

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