Sr. Third Party Risk Specialist

Responsibilities:Manage and execute comprehensive third-party and vendor risk assessments from onboarding through ongoing monitoring.Ensure strict alignment and compliance with the SAMA Outsourcing Framework and other relevant financial regulatory requirements.Conduct detailed cybersecurity due diligence, contract reviews, and compliance monitoring across all vendor risk tiers.Lead remediation tracking for critical vendor findings and continuously improve risk scoring frameworks and methodologies.Prepare, analyze, and present structured vendor risk reports for executive management and regulatory authorities.Qualifications:Experience: 8+ years of dedicated professional experience specializing in third-party risk assessment and management, ideally within a regulated financial institution or regional banking environment.Education: Bachelor’s degree in information systems, Master of Business Administration (MBA), or a closely related field.Certifications: Professional certifications such as ISO 27001 Lead Auditor or CISM (Certified Information Security Manager) are highly preferred.Core Expertise: Deep knowledge of vendor due diligence, SAMA requirements, contract compliance, risk reporting, and mitigation strategies.