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Senior Vendor Risk Management Jobs in Michigan (NOW HIRING)

Aristek Consulting

Senior Vendor Manager

Grand Rapids, MI · On-site

$117K - $155K/yr

Vendor Management and Oversight 100% Hybrid (Onsite Cadence: Tuesdays) Specific Skillset ... Providing effective status reporting, issue escalation, risk mitigation and program decision making ...

Becton, Dickinson and Company

$104K - $105K/yr

The Senior Manager, Program Management and Governance is responsible for driving the strategic ... Identifyopportunities for license optimization, consolidation, cost avoidance, and vendor risk ...

Becton, Dickinson and Company

$104K - $105K/yr

The Senior Manager, Program Management and Governance is responsible for driving the strategic ... Identify opportunities for license optimization, consolidation, cost avoidance, and vendor risk ...

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Senior Vendor Risk Management information

What does a Senior Vendor Risk Management professional do?

A Senior Vendor Risk Management professional is responsible for overseeing an organization’s third-party vendors to identify, assess, and mitigate risks that could impact business operations, data security, or regulatory compliance. They develop and implement vendor risk assessment frameworks, conduct thorough due diligence, and collaborate with other departments to ensure vendors meet company standards and legal requirements. Additionally, they monitor ongoing vendor relationships, manage risk remediation efforts, and often report findings to senior leadership or regulatory bodies.

What are the key skills and qualifications needed to thrive as a Senior Vendor Risk Management professional, and why are they important?

To thrive as a Senior Vendor Risk Management professional, you need expertise in risk assessment, third-party due diligence, and a solid understanding of regulatory compliance, often supported by a bachelor's degree in business, finance, or a related field. Familiarity with risk management platforms, vendor management systems, and certifications like CISA or CRVPM is commonly expected. Strong analytical thinking, communication, and negotiation skills are crucial for building effective relationships and addressing vendor issues. These skills and qualifications are essential for mitigating risks, ensuring compliance, and safeguarding organizational interests in vendor relationships.

What are some common challenges faced by Senior Vendor Risk Management professionals, and how can they be addressed?

Senior Vendor Risk Management professionals often encounter challenges such as navigating complex regulatory requirements, managing relationships with a diverse range of vendors, and ensuring consistent due diligence across all third parties. Addressing these challenges typically involves staying updated on relevant regulations, implementing robust risk assessment frameworks, and fostering strong communication with both internal stakeholders and vendors. Building cross-functional collaboration with legal, compliance, and procurement teams is also crucial for effectively mitigating vendor-related risks.

What is the difference between Senior Vendor Risk Management vs Vendor Risk Analyst?

AspectSenior Vendor Risk ManagementVendor Risk Analyst
CertificationsCRISC, CISA, or similarCRISC, CISA, or similar
Work EnvironmentStrategic, leadership-focused, cross-departmentalOperational, data analysis, risk assessment
Employer & Industry UsageFinancial, healthcare, technology firmsFinancial, retail, technology sectors

Senior Vendor Risk Management roles typically involve strategic oversight and leadership in managing vendor risks, requiring advanced certifications and experience. Vendor Risk Analysts focus on data collection, risk assessment, and supporting vendor evaluations. While both roles require similar credentials, the senior role emphasizes strategy and management, whereas the analyst role is more operational and detail-oriented.

What are the most commonly searched types of Vendor Risk Management jobs in Michigan? The most popular types of Vendor Risk Management jobs in Michigan are:
What are popular job titles related to Senior Vendor Risk Management jobs in Michigan? For Senior Vendor Risk Management jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Senior Vendor Risk Management jobs in Michigan look for? The top searched job categories for Senior Vendor Risk Management jobs in Michigan are:
Senior Vendor Risk Management jobs near you
IT Securtity Risk Specialist

IT Securtity Risk Specialist

Epitec, Inc.

Southfield, MI • On-site

Full-time

Re-posted 2 days ago

Job description

Company Description

.

Job Description

This position will be responsible for completing Vendor Assessments for the Vendor Risk Management team.
This role will primarily focus on the following specific areas of responsibility:
-Day-to-day management of Information Security risk identification, mitigation and acceptance processes in coordination with security operations and maintaining program requirements language
-Execution of training, education and awareness of all users, managers and board members regarding Information Security vendor requirements and expectations
-Operational risk planning, mitigation and remediation to address Information Security deficiencies
-Identifying new vendor engagements and renewal of existing vendor assessments. Coordinating distribution and completion of vendor assessment questionnaire
-Reviewing on-site assessment reports, examining risks and controls associated with all aspects of the vendor
-Drafting preliminary findings reports
-Conducting preliminary results meeting with BCBSM and its subsidiaries stakeholders and management staff
-Receiving and review vendor response-action plan, if necessary
-Communicates the results of assessment and-or projects in a clear and concise manner to all levels of management
-Designs and operate key operational and executive metrics, reports and dashboards

Qualifications

 5+ years of Vendor Risk Management in the Healthcare space
- Strong knowledge of HIPAA and other applicable Healthcare laws
- Strong understanding of the development and operation of a Risk Management program

Additional Information
 Extensive experience building and managing a diverse and inclusive team environment with strong commitment to respect, equality and teaming.
- Strong understanding of IT Audit/Information Security control review and remediation plans
- Strong understanding of Information Security and the relationship between threat, vulnerability and information
- Good understanding of risk-based decision-making (i.e. risk analysis, mitigation, resolution, acceptance, etc.)
- Possess a good understanding of appropriate leading-edge governance-enabling technologies.
- Possess a good understanding of regulatory and best practice frameworks in the information security context (HITRUST, HIPAA, HITECH, ISO, etc)
- Strong written and verbal communication skills


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