Third-Party Cyber Risk Specialist

Cboe Global Markets•Chicago, IL

4d•$84,150 - $108,900•Onsite

About The Position

The Global Third-Party Risk Management Team is seeking a Third-Party Cyber Risk Specialist to assist in executing the risk management program for third-party vendors and service providers. This position includes conducting comprehensive risk assessments, ensuring compliance with Cboe and industry security standards, monitoring vendor relationships, and addressing client due diligence inquiries to mitigate potential risks to the organization. Cboe’s Third Party Cyber Risk Specialist will specifically focus on cyber threats and vulnerabilities within the third-party ecosystem. Candidates must be able to quickly adjust to changing priorities and adapt to an evolving business environment. This role requires four days per week on-site at our Chicago, IL office.

Requirements

Bachelor’s Degree or equivalent work experience in a relevant field.
3+ years’ experience in third-party risk management, vendor management, security incident response, cyber management or comparable field required.
Strong understanding of cybersecurity principles, including application security, access control, and incident response.
Knowledge of compliance and regulatory frameworks (e.g., NIST, SOC 2, GDPR, ISO 27001).
Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-function teams.
Ability to work independently and manage multiple assignments/projects simultaneously.
Experience conducting vendor risk assessments.
Candidates must be legally authorized to work in the United States without the need for employer sponsorship now or in the future.

Nice To Haves

Experience with third party/vendor risk management platforms is a plus.

Responsibilities

Manage incoming client requests (such as assessments, questionnaires, etc.), prioritize and triage requests to appropriate teams, and validate non-disclosure agreements.
Facilitate communication between business, legal, technology, and information security teams to validate questionnaire responses and fulfill general requests related to controls defined by Cboe’s standards and policies.
Serve as a point of contact for internal stakeholders for client due diligence inquiries, ensuring timely and accurate responses.
Function as the subject matter expert for the response management software used for managing and responding precisely and quickly to client due diligence questionnaires.
Manage and maintain a standardized library of responses for client due diligence questionnaires, ensuring accuracy and consistency.
Collaborate with internal experts to update and refine responses as needed.
Assist team with onboarding new vendor relationships.
Collect, review, and process information and documentation from third party vendors/suppliers.
Conduct third-party risk assessments and due diligence reviews.
Analyze security information to identify significant control or security gaps and report findings to senior team members.
Perform comprehensive security reviews of potential and existing third-party vendors using questionnaires and security tools to evaluate their cybersecurity controls and identify potential risks.
Analyze identified risks from third parties and prioritize them based on their potential impact and likelihood of occurrence; create remediation plans accordingly.
Continuously monitor third-party vendors' security posture through regular assessments, vulnerability scans, and incident reporting to maintain a consistent level of security.
Coordinate with internal security team to respond to cyber incidents involving third-party vendors, providing necessary support for investigation and remediation.
Assist with regulatory exams by obtaining documentation and drafting responses to regulator inquiries.
Perform additional activities as needed.

Benefits

Fair and competitive salary and incentive compensation packages with an upside for overachievement
Generous paid time off, including vacation, personal days, sick days and annual community service days
Health, dental and vision benefits, including access to telemedicine and mental health services
2:1 401(k) match, up to 8% match immediately upon hire
Discounted Employee Stock Purchase Plan
Tax Savings Accounts for health, dependent and transportation
Employee referral bonus program
Volunteer opportunities to help you give back to your communities
Complimentary lunch, snacks and coffee in any Cboe office
Paid Tuition assistance and education opportunities
Generous charitable giving company match
Paid parental leave and fertility benefits
On-site gyms and discounts to other fitness centers