Head of Third-Party Cybersecurity Risk

3 weeks ago

Minnesota, United States PRI Technology Full time

The Head of Third-Party Cybersecurity Risk is tasked with the strategic formulation and operational implementation of the organization’s third-party cybersecurity risk management initiative. This position guarantees that all external partnerships adhere to regulatory mandates, align with corporate cybersecurity protocols, and fulfill the organization’s risk management criteria. The Director will craft and execute the third-party risk management framework while guiding a team of experts to evaluate, oversee, and mitigate risks linked to vendors, suppliers, and other external entities. Here, you will make a significant impact by:

Program Design and Oversight:

  • Establish and execute a robust third-party cybersecurity risk management program.
  • Create and enforce policies and procedures for evaluating and managing external risks.
  • Continuously enhance the program in response to emerging threats and regulatory changes.

Risk Evaluation and Reduction:

  • Perform comprehensive risk evaluations of third-party vendors, including initial assessments and ongoing surveillance.
  • Identify potential weaknesses and propose mitigation strategies.
  • Collaborate with external partners to address and rectify identified risks.

Vendor Engagement:

  • Foster and sustain strong relationships with key external vendors and partners.
  • Ensure that vendor contracts incorporate appropriate cybersecurity stipulations and standards.
  • Work alongside legal and procurement teams to negotiate cybersecurity clauses in agreements.

Incident Response:

  • Assist in the response to cybersecurity incidents involving external vendors.

Reporting and Stakeholder Communication:

  • Provide regular updates to senior leadership on the status of the third-party cybersecurity risk management initiative.
  • Prepare and deliver reports on third-party risk evaluations and mitigation actions.
  • Effectively communicate with internal teams and external vendors regarding cybersecurity risk expectations and requirements.

Compliance with Regulations:

  • Ensure that the third-party cybersecurity risk management initiative complies with relevant regulations and industry standards (e.g., GDPR, CCPA, NIST, ISO).
  • Stay informed on regulatory updates and modify the program as necessary.

Your Qualifications and Skills:

  • Bachelor's degree or higher (completed and verified prior to start) from an accredited institution.
  • A decade of experience in Cybersecurity within a private, public, governmental, or military context.
  • Five years of management and/or supervisory experience.
  • CISSP certification.

Additional qualifications that could enhance your success in this role include:

  • Master's degree in computer engineering, computer systems, or information technology from an accredited institution.
  • 8-10 years of experience in cybersecurity/risk management, with at least 5 years in a leadership role focused on third-party risk management.
  • Strong understanding of cybersecurity frameworks and standards (e.g., NIST, ISO 27001, CIS).
  • Additional certifications such as SANS, ISACA (CGEIT, CISA, CISM, CRISC), and other technology certifications.
  • Exceptional communication, negotiation, and relationship-building abilities.
  • Capability to collaborate effectively with internal teams and external vendors.

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