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Third-Party Risk Management (TPRM) Analyst / Senior Analyst
Third-Party Risk Management (TPRM) Analyst / Senior AnalystWisdom Square Technologies • Bengaluru, Karnataka, India
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Third-Party Risk Management (TPRM) Analyst / Senior Analyst

Third-Party Risk Management (TPRM) Analyst / Senior Analyst

Wisdom Square Technologies • Bengaluru, Karnataka, India
2 days ago
Job description

Third-Party Risk Management (TPRM) Analyst / Senior Analyst

Experience Level : 3–5 Years

Location : Bengaluru, Hybrid, Remote

Job Type : Full-Time

Job Summary

We are seeking a proactive and analytical Third-Party Risk Management (TPRM) Analyst to join our risk and compliance team. The ideal candidate will have 3-5 years of direct experience in vendor risk management, information security, or IT audit. This role involves managing the day-to-day execution of the TPRM lifecycle, conducting comprehensive vendor risk assessments, and ensuring compliance with established internal policies and regulatory requirements. The analyst will collaborate with cross-functional stakeholders to identify, assess, and mitigate potential risks associated with our third-party vendors.

Key Responsibilities

  • Risk Assessments & Due Diligence : Conduct end-to-end third-party risk assessments during onboarding and periodic reviews, including inherent risk scoring and detailed due diligence.
  • Compliance & Frameworks : Evaluate vendor compliance with internal policies and

industry standards, including regulatory frameworks such as ISO 27001, NIST, SOC 2, and GDPR.

  • Risk Mitigation & Monitoring : Identify control gaps in vendor responses, recommend actionable mitigation strategies, and track the remediation of identified issues in collaboration with internal stakeholders and vendors.
  • Documentation & Reporting : Maintain accurate documentation of all TPRM activities, including risk assessments, contracts, and supporting evidence (e.g., SOC reports, insurance documents). Prepare risk reports and dashboards for management and governance committees.
  • Stakeholder Collaboration : Partner with internal teams (e.g., Procurement, Legal, Information Security, Business Units) to facilitate due diligence activities and ensure alignment with the enterprise risk management program.
  • Process Improvement : Proactively identify opportunities to improve and streamline TPRM processes and procedures, contributing to the continuous maturity of the program.
  • Required Qualifications and Skills

  • Education & Experience : A Bachelor's degree in any discipline with 3-5 years of relevant experience in Third-Party Risk Management, Vendor Risk Management, IT Risk Compliance, or internal audit.
  • Technical Knowledge : Strong understanding of risk management principles, information security controls, and control testing methodologies.
  • Analytical Skills : Excellent analytical and problem-solving skills with strong attention to detail, capable of analysing complex information and making data-driven decisions.
  • Communication : Strong verbal and written communication skills, with the ability to effectively communicate complex risk concepts to technical and non-technical audiences.
  • Project Management : Proven ability to manage multiple concurrent projects, prioritize tasks, and meet deadlines.
  • Preferred Qualifications and Certifications

  • Certifications : Professional certifications such as Certified Third Party Risk Professional (CTPRP), Certified Information Systems Auditor (CISA) or CRISC are highly desirable.
  • Industry Knowledge : Familiarity with specific regulatory guidance relevant to the financial services, regulations like OCC or FFIEC.
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    Senior Risk Analyst • Bengaluru, Karnataka, India

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