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Senior Third-Party Risk Management Specialist

2 months ago


Duluth, Minnesota, United States QTS Data Centers Full time
About the Role

We are seeking a highly skilled Senior Third-Party Risk Management Specialist to join our team at QTS Data Centers. As a key member of our risk management team, you will be responsible for ensuring the effective management of third-party risks across our organization.

Key Responsibilities
  • Build and maintain strong relationships with key stakeholders, including procurement, legal, physical and cybersecurity, compliance, privacy, technology, and other business functions to identify, assess, and design plans to mitigate and monitor risks associated with third parties.
  • Support the development and maturation of our Third-Party Risk Management (TPRM) program and platform through updating standards, procedures, processes, internal controls, and other related activities.
  • Generate and implement quality assurance standards, conduct vendor assessments, monitor program output, and identify opportunities for improvement.
  • Ensure required risk management activities and control weaknesses are identified prior to contract execution with third-party providers, or appropriate risk acceptance is documented and approved in our third-party risk platform.
  • Monitor and evaluate the ongoing performance of third-party vendors in alignment with internal strategies, industry best practices, standard security frameworks, and regulatory guidance.
  • Evaluate third-party maturity using ISO, the Cybersecurity Maturity Model Certification, NIST, GDPR, and other industry framework standards and best practices.
  • Gather a full inventory of third parties and work on remediation and participate in change management processes and data clean-up in our third-party platform and other systems.
  • Conduct training on our third-party platform to team members as needed to drive standardization and consistency of program execution.
  • Complete research and analysis as needed to close program gaps.
  • Create and deliver presentations on status updates of our TPRM program/platform, ensuring transparency and accountability at all levels of the organization.
Requirements
  • Bachelor's Degree in Information Systems, Information Technology, Computer Science, Risk Management, or professional equivalency.
  • 3-5 years of work experience related to third-party management, vendor risk management, cyber risk management, and/or procurement.
  • Strong understanding of regulatory requirements and industry best practices related to third-party/vendor risk management.
  • Knowledge of risks related to IT application development and infrastructure maintenance, IT security, business continuity and disaster recovery, emerging technology platforms (e.g., AI), and cloud services.
  • Project or process management experience.
  • Excellent written and oral communication skills with experience writing policy and procedural documentation.
  • Experience with using GRC technologies, risk management, reporting tools, along with Microsoft software applications.
  • Ability to understand a variety of third-party risk systems and services, from new technologies to legacy systems.
About QTS Data Centers

QTS Data Centers is a leading provider of data center solutions, dedicated to delivering exceptional service and support to our customers. We are committed to creating a culture of innovation, collaboration, and excellence, and we are seeking talented individuals who share our values to join our team.