Third-Party Risk Consultant

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years in risk management or third-party risk assessments
  • 2+ years implementing metrics for tracking and trend analysis
  • Practiced with enterprise GRC platforms and proficient in Excel
  • Bachelor's degree in technology, cybersecurity, risk management, or business-related field
  • 3+ years in third-party risk management, technology risk, or cybersecurity
  • Understanding of regulatory frameworks like NIST and ISO 27001
  • Strong written and verbal communication skills

Responsibilities

  • Analyze third-party services and data flows to identify risks
  • Collaborate with teams to track and remediate identified vulnerabilities
  • Contribute to status reporting and metrics for risk activities
  • Evaluate and support breach event response activities
  • Document control gaps and recommend findings for review
  • Support risk rating determinations and escalation decisions
  • Research and document risks from assessments and communicate findings

Benefits

  • Opportunity to work with a dedicated Governance, Risk & Compliance team
  • Collaborative environment ensuring operational efficiency
  • Focus on practical governance and risk management solutions
  • Enhanced professional learning through engagement with subject matter experts
  • Access to competitive salaries and potential bonuses
Full Job Description
Third-Party Risk Consultant, ETX Governance, Risk & Compliance Team

Full-Time, Springfield/Boston

The Opportunity

As a Third-Party Risk Consultant, you will play a crucial role in implementing the third-party risk framework. This position is responsible for executing third-party risk assessments and due diligence activities across the MassMutual's third-party ecosystem. Additionally, you will support the adoption of risk management practices across the ETX organization. As a key member of the ETX Third-Party Technology Assurance team, you will help drive change and enhance operational efficiency throughout the organization.

The Team

The ETX Governance, Risk & Compliance Team is comprised of governance and risk professionals responsible for implementing governance processes and risk management practices for the ETX (Information Technology) organization. We work closely with our business and technology partners and succeed together by designing practical and effective technology governance and risk management solutions to increase operational efficiency.

The Impact
  • Analyze third-party services, data flows, and system integrations to identify and recommend inherent and residual risk exposure.
  • Collaborate with issue management teams to ensure identified risks, including vulnerabilities, are appropriately tracked, communicated, and remediated
  • Contribute to status reporting and metrics tracking for ongoing third-party risk activities
  • Evaluate, document, communicate, and support breach event and incident response activities
  • Execute risk evaluation procedures by reviewing evidence, documenting observations, and recording results in accordance with defined templates and quality standards
  • Identify control gaps, weaknesses, or non-compliance issues and clearly document and recommend findings for further review and disposition
  • Partner with senior practitioners to support risk rating determinations and escalation decisions
  • Apply knowledge and discretion when performing risk assessments to ensure third parties meet security and technology standards in alignment with established practices and procedures
  • Proactively escalate delays, gaps in information, or emerging risks to the team lead
  • Research and consult with internal subject matter experts to understand and document risk identified through risk assessments and due diligence practices, and communicate the findings to stakeholders


The Minimum Qualifications
  • 2+ years of experience in risk management and/or completing third-party risk assessments
  • 2+ years of experience implementing metrics to track status, identify trends, and surface potential issues
  • 2+ years of experience working in an enterprise GRC platform, including proficient use of Excel import/export functions


The Ideal Qualifications
  • Bachelor's degree, preferably in technology, cybersecurity, risk management, or business-related field
  • 3+ years of experience in third-party risk management, technology risk, cybersecurity, audit, or testing controls
  • Proficiency with SharePoint and related tools used to execute an effective regulatory compliance program
  • Experience communicating regulatory requirements to technical and non-technical audiences, and facilitating discussions between ETX owners, Compliance, and Law to ensure a shared understanding and effective compliance
  • Foundational understanding of third-party risk domains, including:
    • Cybersecurity and data protection
    • Cloud/SaaS risk considerations
    • Identity and access management (e.g., SSO vs. standalone access)
    • Business continuity and resiliency
  • Familiarity with industry frameworks such as NIST, ISO 27001, SOC 2, or similar
  • Ability to interpret control evidence and assess adequacy relative to risk
  • Strong written and verbal communication skills, with the ability to interact effectively with internal stakeholders and third parties
  • Demonstrated ability to execute with limited guidance while meeting deadlines in a structured, process-driven environment
  • Strong attention to detail and documentation discipline


Salary Range:
$86,200-$113,100

At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.

About Massachusetts Mutual Life Insurance Company (MassMutual)

Massachusetts Mutual Life Insurance Company (MassMutual) Careers

Joining the team at Massachusetts Mutual Life Insurance Company (MassMutual) offers more than just a job; it opens the door to a world of job opportunities where professional growth and personal development are encouraged and nurtured. Massachusetts Mutual Life Insurance Company (MassMutual) stands as a beacon of innovation, leadership, and diversity in the insurance industry.

Explore Career Opportunities

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Internship Programs

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Employee Benefits and Culture

Massachusetts Mutual Life Insurance Company (MassMutual) is committed to supporting its team members not only in their professional lives but also in their personal growth. The company offers comprehensive benefits designed to nurture the well-being of its employees and their families. The culture at Massachusetts Mutual Life Insurance Company (MassMutual) is built on a foundation of respect, integrity, and diversity, fostering an environment where everyone can thrive.

Professional Development and Growth

Career growth at Massachusetts Mutual Life Insurance Company (MassMutual) is propelled by continuous learning and development opportunities. The company invests in diversity training, leadership programs, and innovation workshops to ensure that every team member has the resources to advance their career. Employees are encouraged to expand their knowledge base and acquire new skills through various training and development programs.

Networking and Innovation

At Massachusetts Mutual Life Insurance Company (MassMutual), networking and innovation go hand in hand. Employees are encouraged to connect with colleagues and industry professionals, enhancing their career prospects and contributing to the company's leadership in the market. The collaborative environment ensures that innovative ideas are shared and celebrated.

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