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Head of Third-Party Cybersecurity Risk

2 months ago

Minnesota, United States PRI Technology Full time

The Director of Third-Party Cyber Risk Management at PRI Technology plays a pivotal role in shaping and executing the organization's strategy for managing cyber risks associated with external partners. This position is essential in ensuring that all vendor relationships adhere to regulatory mandates, align with corporate cybersecurity policies, and fulfill the organization's risk management criteria. The Director will architect and operationalize a robust framework for third-party risk management while leading a dedicated team to evaluate, monitor, and mitigate risks linked to vendors, suppliers, and other external entities. Your contributions will be significant in the following areas:

Program Development and Oversight:

  • Craft and implement a thorough third-party cyber risk management strategy.
  • Establish and uphold policies and procedures for evaluating and managing risks posed by third parties.
  • 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 security weaknesses and propose strategies for risk mitigation.
  • Collaborate with third parties to resolve and remediate identified vulnerabilities.

Vendor Relationship Management:

  • Foster and maintain strong partnerships with key external vendors and collaborators.
  • 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 managing responses to cybersecurity incidents involving third-party vendors.

Reporting and Stakeholder Communication:

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

Regulatory Adherence:

  • Ensure that the third-party cyber risk management program aligns with applicable regulations and industry standards (e.g., GDPR, CCPA, NIST, ISO).
  • Stay informed on regulatory developments and adjust the program as necessary.

Qualifications and Skills:

  • A Bachelor's degree or higher from an accredited institution.
  • A minimum of ten (10) years of experience in cybersecurity within various sectors.
  • At least five (5) years of experience in a management or supervisory capacity.
  • CISSP certification is required.

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

  • A Master's degree in computer engineering, information technology, or a related field.
  • 8-10 years of experience in cybersecurity or risk management, with a focus on third-party risk management.
  • In-depth knowledge of cybersecurity frameworks and standards (e.g., NIST, ISO 27001, CIS).
  • Additional certifications such as SANS, ISACA (CGEIT, CISA, CISM, CRISC) are advantageous.
  • Exceptional communication, negotiation, and relationship management skills.
  • A proven ability to collaborate effectively with internal teams and external partners.