IT Vendor Risk Management Analyst

2 days ago


Singapore Tech Grid Asia Full time

**About the role**

**Key Responsibilities**
- **Risk Assessment**: Conduct comprehensive **due diligence** and **risk assessments** on new and existing IT vendors, including security posture, compliance, financial stability, and operational resilience.
- **Policy and Procedure Development**: Develop, maintain, and enforce IT vendor risk management policies, standards, and procedures in alignment with regulatory requirements and industry best practices.
- **Contract Review**: Collaborate with legal and procurement teams to review and negotiate vendor contracts, ensuring appropriate security and compliance clauses, Service Level Agreements (SLAs), and right-to-audit provisions are included.
- **Ongoing Monitoring**: Implement and manage a continuous monitoring program for critical vendors, tracking performance, security controls, and adherence to contractual obligations.
- **Reporting**: Prepare and present regular reports to senior management on the overall IT vendor risk landscape, identified risks, and mitigation efforts.
- **Remediation Tracking**: Track, manage, and validate vendor remediation plans for identified vulnerabilities or control deficiencies.
- **Stakeholder Collaboration**: Serve as a key liaison between internal business units, IT, Legal, Procurement, and external vendors on all risk-related matters.

**Qualifications Required**:

- Bachelor’s degree in Information Technology, Computer Science, Business Administration, or a related field.
- Minimum of 5 years of experience in IT risk management, vendor risk management (VRM), third-party risk management (TPRM), IT audit, or IT security, within Banking/ Financial Services/ Fintech sector
- Relevant certifications in CISA, CISM, CISSP, CRISC will be a plus.
- Proven ability to conduct detailed risk analysis, strong analytical and problem-solving skills, and excellent written and verbal communication abilities.



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