Posted on: 03/11/2025
Position Summary :
We are seeking an experienced Sr. Manager Third party Cyber Risk Management to lead our Third-party Cybersecurity risk and governance efforts for India/Philippines market of R1 RCM.
The Senior Manager Third-Party Cyber Risk Management is responsible for leading and executing the organizations cybersecurity oversight of vendors, suppliers, partners, and other external entities.
This role ensures that all third-party relationships align with enterprise security policies, regulatory obligations, and risk tolerance levels.
The individual will own the third-party risk management (TPRM) lifecycle from onboarding and due diligence to continuous monitoring and remediation and will serve as the subject matter expert on vendor security governance.
Key Duties & Responsibilities :
- Design, implement, and mature the Third-Party Cyber Risk Management Program aligned with frameworks such as NIST CSF, ISO 27001, HIPAA, CIS Controls, and SOC2.
- Develop and maintain policies, standards, and procedures governing vendor security due diligence, onboarding, monitoring, and offboarding.
- Establish and iterate security exhibit for contracts, enforce compliance and iterate wherever needed.
- Lead governance committees or working groups to discuss vendor risk posture, key issues, and remediation progress with business, procurement, and legal teams.
- Define and track Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) for vendor risk and present them to leadership and risk committees.
Vendor Risk Assessment & Due Diligence :
- Oversee end-to-end third-party risk assessments including questionnaires, evidence review, and validation of security controls.
- Evaluate vendors against recognized security frameworks (e.g., SOC 2, ISO 27001, PCI DSS, NIST CSF, HIPAA/HITRUST).
- Manage inherent and residual risk scoring models to prioritize vendors based on business impact and data sensitivity.
- Perform or oversee onsite or virtual vendor audits for high-risk vendors and ensure timely closure of identified gaps.
- Work closely with Procurement and Legal to integrate cybersecurity clauses and right-to-audit provisions in vendor contracts.
Continuous monitoring and remediation :
- Implement and manage continuous monitoring tools and processes (e.g., SecurityScorecard, Recorded Future) to detect vendor security posture changes.
- Ensure that remediation plans are documented, tracked, and closed within defined SLAs.
- Coordinate periodic reassessments of critical and high-risk vendors to verify ongoing compliance.
- Manage escalation processes for non-compliant or high-risk vendors, including executive reporting and remediation oversight.
- Perform internal audits against client security requirements to proactively prepare and improve organizational security posture.
Collaboration and stakeholder management :
- Certified Information Security Manager (CISM).
- Certified Information Systems Auditor (CISA).
- Certified in Risk and Information Systems Control (CRISC).
- HITRUST CCSFP or ISO 27001 Lead Implementer.
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Posted By
Posted in
CyberSecurity
Functional Area
Cyber Security
Job Code
1569155
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