Senior Third Party Risk Analyst
nVent · Bengaluru
We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.
What YOU WILL EXPERIENCE IN THIS POSITION:
Third Party Risk Management
- Lead day-to-day execution and continuous improvement of the Third-Party Risk Management program.
- Develop and refine third-party risk assessment methodologies aligned to cybersecurity, compliance, operational, and business risks.
- Partner with Procurement, Legal, Privacy, Compliance, and Information Security teams to integrate risk management activities into supplier onboarding and lifecycle processes.
- Establish metrics and reporting to measure supplier risk exposure and program effectiveness.
- Drive remediation and risk treatment activities with internal stakeholders and third-party suppliers.
Quantitative Risk Management
- Mature risk scoring methodologies to support quantitative assessment of third-party risk.
- Develop standardized approaches for measuring and prioritizing risk across suppliers.
- Analyze risk trends and provide actionable insights to leadership.
- Support the development of business-focused risk reporting that enables informed decision-making.
Enterprise Risk Register Management
- Maintain and continuously improve the cybersecurity risk register.
- Ensure risks are documented consistently with clearly defined risk owners, mitigation plans, and target remediation dates.
- Facilitate periodic risk reviews with business and cybersecurity stakeholders.
- Track risk treatment activities and provide status reporting to leadership.
Process Documentation and Governance
- Create, maintain, and improve program procedures, workflows, and operating standards.
- Identify opportunities to simplify and standardize processes across risk management activities.
- Ensure documentation remains current and auditable.
AI and Automation
- Champion the use of AI-enabled solutions to improve operational efficiency.
- Identify manual activities suitable for automation and implement scalable solutions.
- Collaborate with cybersecurity and business teams to introduce automation into risk assessment, reporting, and workflow management processes.
- Evaluate emerging technologies that can enhance TPRM effectiveness and user experience.
What WE NEED:
- Bachelor's degree in Cybersecurity, Information Technology, Information Systems, Business, Risk Management, or related field.
- 5+ years of experience in Third Party Risk Management, Cybersecurity Risk Management, Information Security, Audit, or Compliance.
- Experience using quantitative risk analysis methodologies in conducting supplier risk assessments and managing risk treatment.
- Experience developing or maintaining risk registers and risk reporting processes.
- Strong analytical, organizational, and stakeholder management skills.
- Experience with GRC platforms such as OneTrust, Archer, ServiceNow, or similar solutions.
- Experience leveraging AI, automation platforms or workflow orchestration technologies.
WE HAVE:
A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day
nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation.
Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.
Commitment to strengthen communities where our employees live and work
We encourage and support the philanthropic activities of our employees worldwide
Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money
Core values that shape our culture and drive us to deliver the best for our employees and our customers. We’re known for being:
Innovative & adaptable
Dedicated to absolute integrity
Focused on the customer first
Respectful and team oriented
Optimistic and energizing
Accountable for performance
Benefits to support the lives of our employees
At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other’s authenticity because we understand that uniqueness sparks growth.