Lead Director - Third Party Risk Management

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Position Summary
The Lead Director, Third Party Risk Management position will provide leadership for the Third-Party Security Continuous Monitoring and Oversight team, guiding colleagues in facilitating the identification, monitoring and tracking of events impacting the third-party portfolio.  The Director will oversee the program and actions needed for resolution of risks or identified gaps in the third-party portfolio to include collection and governance of information regarding third party connections and solutions. 

Responsibilities include:

• Actively seeking to implement new sources of information to enhance the understanding of the security risk of CVS Health third parties.
• Managing the integration of the continuous monitoring workstreams with the risk operations team to simplify complex and lengthy assessments into logical, assurance activities.
• Identifying and implementing reporting and processes while adhering to corporate policies, regulations, industry frameworks, and best practices.
• Providing expert advice and recommendations on third party monitoring matters ensuring understanding and facilitates the necessary actions to  address any gaps and/or deficiencies. 
• Staying informed with regulatory requirements and industry practices and communicates/partners with IT and business colleagues keeping them informed with relevant updates and changes to the program.

To support the operational and strategic growth of the Third-Party security team, resources are needed to help drive the maturity and operational effectiveness in the new workstreams (third-party connections and continuous monitoring). Assessment activity alone will limit the depth of information regarding the risk profile of the CVSH third –party portfolio.  It is imperative to drive this pillar of the program to a higher degree of operational effectiveness through automation and information management as the growth of the portfolio continues.  This warrants the need for more direct management oversight to fully develop the program.

Ideal candidate for this role can work from any location in the US in fully remote model or work in one of our digital office locations in IL, NY, CT in hybrid model.
Required Qualifications

• 10+ years of experience in focusing on cyber security and information technology specializing on supply chain risk and/or third party security risk management
• 5+ years of Resource Management experience (people and projects)
• 5+ years of experience in working with security-related regulatory matters
• 3+ years of experience in security concepts, technologies (hardware and software) and functionalities embedded in infrastructure environments

Preferred Qualifications

• Experience with Archer and/or ServiceNow
• Leading diverse and virtual teams focusing on delivering results
• Demonstrable ability to recognize the relevance of risk trends, issues and potential risk exposure
• Ability to directly or indirectly work with business lines, subject matter experts and other constituents to ensure understanding of key security controls for use by our third parties

Education:

• Bachelor’s degree required

Pay Range

The typical pay range for this role is:

$144,200.00 - $288,400.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls.  The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.  This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.  This position also includes an award target in the company’s equity award program. 
 
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities.  The Company offers a full range of medical, dental, and vision benefits.  Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees.  The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners.  As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies. 
 
For more detailed information on available benefits, please visit Benefits | CVS Health

We anticipate the application window for this opening will close on: 02/20/2025

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.