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Remote Vendor Risk Analyst Jobs in Rhode Island (NOW HIRING)

Bcbsri

Lead Strategic Finance Analyst

Providence, RI · On-site +1

$102K - $163K/yr

Lead the financial support for provider and vendor valuebased care modeling, risk adjustment ... Remote: onsite 0-1 days per week. Permitted to reside in the following states, pending approval ...

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Remote Vendor Risk Analyst information

Can a risk analyst work remotely?

Yes, many risk analyst roles, including vendor risk analysts, can be performed remotely. These positions often require strong analytical skills, familiarity with risk management tools, and effective communication, which can be managed through digital collaboration platforms from any location. However, some employers may require occasional on-site visits or specific certifications depending on the company's policies.

Is TPRm a good career?

A Remote Vendor Risk Analyst role involves assessing and managing third-party risks to ensure compliance and security. It requires strong analytical skills, knowledge of risk management frameworks, and often involves working with tools like GRC software. This career can offer growth opportunities in risk management and compliance fields.

Do risk analysts make a lot of money?

Risk analysts, including vendor risk analysts, typically earn a median salary that varies by experience and location but generally ranges from $60,000 to $100,000 annually. Senior or specialized risk analysts with certifications like CRCM or CRISC can earn higher salaries, especially in industries with complex compliance requirements. The role often requires strong analytical skills and knowledge of risk management tools.

Is a grc analyst a good entry-level job?

A remote vendor risk analyst is often considered a suitable entry-level role for those interested in cybersecurity and risk management, as it typically requires foundational knowledge of compliance frameworks and risk assessment tools. The position offers opportunities to develop skills in vendor evaluation, security policies, and industry standards like ISO or NIST. However, some roles may prefer candidates with prior experience or certifications such as CISA or CRISC, so entry-level candidates should focus on gaining relevant knowledge and certifications to improve prospects.
What are the most commonly searched types of Vendor Risk Analyst jobs in Rhode Island? The most popular types of Vendor Risk Analyst jobs in Rhode Island are:
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Remote Vendor Risk Analyst jobs near you
(On-site) Information Security Vendor Management Analyst

(On-site) Information Security Vendor Management Analyst

Centreville Bank

West Warwick, RI • On-site, Remote

Full-time

Re-posted 9 hours ago

Job description

The Vendor Management Analyst is responsible for supporting the Bank's Third-Party Risk Management (TPRM) Program within the Information Security department. This role evaluates the risk of new and existing third-party relationships, conducts and documents due diligence, supports contract reviews, and manages ongoing monitoring activities to ensure compliance with regulatory guidance (e.g., FFIEC, GLBA, FDIC). The Analyst will work closely with business owners, Risk, Compliance, Project Management, Finance, and senior leadership to ensure vendors meet the Bank's security, operational, and financial requirements.
Third-Party Risk Assessments
  • Evaluate risks presented by new and existing vendors across cybersecurity, operational, financial, compliance, business continuity, privacy, and reputational domains.
  • Determine required risk tiering and corresponding due diligence requirements.
  • Partner with business units to ensure clear articulation of vendor use cases and criticality.Due Diligence and Ongoing Vendor Monitoring
  • Gather required due diligence artifacts such as SOC 2 reports, independent audits, penetration test summaries, cybersecurity questionnaires, financial statements, insurance certificates, business continuity plans, and regulatory compliance attestations.
  • Review and assess due diligence documents for adequacy, control effectiveness, gaps, and red flags.
  • Document findings, residual risks, and recommendations within the Bank's vendor management system.
  • Request and follow up on remediation or compensating controls for identified deficiencies.
  • Maintain documentation memorializing new vendor diligence and ongoing monitoring results.

Contract Review Support
  • Review contracts and amendments for required information security and risk-related provisions, including data security requirements, confidentiality, incident reporting, business continuity, right to audit, subcontractor oversight, and termination rights.
  • Collaborate with Legal and Procurement to ensure contract terms align with bank policy.

Issue Tracking & Remediation Oversight
  • Maintain the Bank's Vendor Watchlist to track issues with vendors, vendor remediation efforts, and follow up on open issues.
  • Document evidence of corrective actions and ensure timely resolution of audit or exam findings.

Program Governance & Reporting
  • Prepare reporting for management, committees, and the Board.
  • Support internal/external audits and regulatory exams.
  • Assist with development and enhancement of TPRM policies and procedures.
  • Train business units and stakeholders on the vendor management process and program.

Requirements
  • Bachelor's degree in Information Security, Business, Risk Management, or related field.
  • 2-5 years of experience in vendor management, third-party risk, cybersecurity risk, or related banking role.
  • Prior experience in banking or financial services.
  • Ability to interpret SOC reports and cybersecurity controls.
  • Strong analytical and documentation skills.

Preferred Qualifications
  • Understanding of FFIEC, GLBA, and industry best practices.
  • Familiarity with NIST CSF, ISO 27001, SIG/AUP questionnaires.
  • Experience reviewing contracts from a security or risk perspective.
  • Exceptional candidates will have relevant certifications such as CTPRP, CRVPM, or CRISC

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