Cyber and 3rd Party Risk Analyst

The role is responsible for identifying, analyzing, and mitigating IT-related risks to the organization. This role will involve working closely with various departments to ensure that risk controls are in place, policies are adhered to, and security standards are met. The IT Risk Analyst will assist in developing and maintaining risk management frameworks, performing assessments, and supporting regulatory compliance efforts.

Risk Identification and Assessment:

• Conduct risk assessments to identify vulnerabilities in IT systems, processes, and policies.
• Assist in the identification and evaluation of risks associated with third-party vendors and partners.
• Maintain the IT risk register, documenting risks, issues, and remediation actions.

• Recommend risk mitigation strategies and implement risk management controls across IT infrastructure.
• Collaborate with IT, cybersecurity, and business teams to track and resolve identified risks and vulnerabilities.
• Monitor and report on the effectiveness of existing IT risk controls and recommend enhancements as needed.

• Ensure compliance with relevant industry standards and regulatory requirements (e.g., GDPR, SOX, PCI-DSS, NIST).
• Assist in the preparation for audits by internal and external parties, providing documentation and evidence of IT risk management practices.
• Support the development and implementation of IT governance, risk, and compliance frameworks.

• Conduct vendor risk assessments, ensuring third-party services and products align with internal risk and security policies.
• Regularly review vendor performance and risk exposure, working with procurement and legal teams as necessary.

Education:

• Bachelors degree in information technology, Cybersecurity, Risk Management, or a related field.
• Certifications such as CRISC (Certified in Risk and Information Systems Control), CISA (Certified Information Systems Auditor), or CISSP (Certified Information Systems Security Professional) are highly desirable.

• 2 - 4 years of experience in IT risk management, IT auditing, or information security.
• Hands-on experience with risk management tools and frameworks (e.g., ISO 27001, NIST, COBIT).

• Strong understanding of IT infrastructure, systems, and security best practices.
• Ability to assess technical and business risk related to information systems.
• Excellent problem-solving, analytical, and communication skills.
• Ability to communicate complex risk concepts to non-technical stakeholders.
• Ability to assess and interpret security-related clauses in third-party contracts, such as Security Requirements Schedules (SRS)
• Familiarity with regulatory frameworks and compliance standards (e.g., GDPR, HIPAA, SOX, PCI-DSS).
• This role involves second shifts: 2pm-11pm IST

• Proficiency with risk management tools, GRC (Governance, Risk, and Compliance) software, and security incident management tools.
• Experience with security controls related to networks, databases, and cloud environments.

• Excellent analytical and troubleshooting skills
• Strong verbal and written communication skills
• Ability to work effectively with global, virtual teams
• High degree of initiative and self-motivation
• Ability to manage multiple priorities successfully
• Team oriented, with a focus on achieving team goals
• Strong presentation and public speaking skills
• Collaboration across global teams