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Program Manager – Third Party Risk Management

norfolk, va • Posted 2 days ago
Onsite Contract Finance

Overview

The Third-Party Risk Program Manager is responsible for the end-to-end management of the organization’s third-party risk management program within a healthcare environment. This individual contributor role owns the program lifecycle — from vendor onboarding and risk assessment through ongoing monitoring, documentation, and offboarding — ensuring third party relationships comply with applicable healthcare regulations (e.g., HIPAA, HITECH) and internal policy. The role requires close collaboration with vendors and cross-functional partners including Legal, Information Security, Privacy, Procurement, and Compliance to ensure full program coverage and audit readiness.

Key Responsibilities

Program Management

  • Own and drive the third-party risk program end-to-end, ensuring consistent execution across the vendor lifecycle

  • Establish and maintain program timelines, milestones, and status reporting for leadership and stakeholders

  • Identify process gaps and drive continuous improvement of program workflows

  • Be a part of the team and support the execution of the program

Vendor Management

  • Serve as the primary point of contact for third-party vendors throughout the assessment and management process

  • Coordinate with vendors to gather required documentation, evidence, and remediation plans

  • Track vendor responsiveness and elevate delays or non-compliance issues appropriately

Risk Assessments (OneTrust)

  • Manage and execute third-party risk assessments using OneTrust, including assessment creation, distribution, tracking, and completion

  • Analyse assessment results to identify risk levels, gaps, and required remediation actions

  • Maintain accurate, up-to-date vendor and assessment records within OneTrust

  • Generate reports and dashboards from OneTrust to support program reporting and audits

Documentation & Compliance

  • Ensure all program documentation (policies, procedures, assessment records, contracts, remediation plans) is accurate, complete, and current

  • Maintain audit-ready documentation in alignment with healthcare regulatory requirements (HIPAA, HITECH, and other applicable frameworks)

  • Support internal and external audits by providing timely and accurate documentation

Cross-Functional Collaboration

  • Partner with Legal, Information Security, Privacy, Procurement, and business owners to ensure comprehensive risk coverage

  • Communicate program requirements, risk findings, and remediation needs clearly to non-technical and technical stakeholders alike

  • Act as a liaison between vendors and internal teams to resolve issues and keep the program moving forward

Education

  • Bachelor Level Degree (Preferred)

  • 5+ years relevant experience may be accepted in lieu of degree

Certification/Licensure

  • Certification in risk, or compliance (e.g., CTPRP, CRISC) preferred

Experience

Required

  • Bachelor’s degree with 3+ years of experience in third-party/vendor risk management, program management, or compliance, ideally within healthcare or a regulated industry

  • 5+ years of experience in third-party/vendor risk management, program management, or compliance, ideally within healthcare or a regulated industry without a Bachelor's degree preferred.

  • Hands‑on experience with OneTrust or similar GRC/risk management platforms

  • Working knowledge of HIPAA, HITECH, and healthcare data privacy/security requirements

  • Strong organizational skills with the ability to manage multiple vendors and assessments simultaneously

  • Excellent written and verbal communication skills, with experience working cross functionally

Preferred

  • Certification in risk, or compliance (e.g., CTPRP, CRISC)

  • Experience with vendor contract review or working alongside Legal/Procurement

  • Familiarity with information security risk assessment frameworks (e.g., NIST, HITRUST)

We provide market-competitive compensation packages, inclusive of base pay, incentives, and benefits. The base pay rate for Full Time employment is: $106,080.00-$176,820.80. Additional compensation may be available for this role such as shift differentials, standby/on-call, overtime, premiums, extra shift incentives, or bonus opportunities.

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