Risk Compliance Analyst Jobs in Illinois

The Group:

The Information Security department is responsible for setting enterprise security policies and standards that are designed to protect the confidentiality, integrity and availability of Morningstar information. The security team offers guidance and technical expertise in areas like application security, policies and procedures, disaster recovery and compliance/regulation. We analyze emerging security threats and conduct risk and vulnerability assessments to ensure that our information remains secure.

The Role:

The Information Security Team is looking for a Senior Analyst Third-Party Vendor Risk Analyst to join the IT Compliance Team. The Senior Third-Party Vendor Risk Analyst will help shape the Information Security Team’s third party vendor risk management program. This individual will serve as a subject matter expert for third party vendor risk management, perform vendor risk assessments, propose updates to expand the program’s capabilities, increase participation in the program and drive process improvements. This position is based in either our Chicago or Toronto office.

Responsibilities:

• Partner with the business to execute vendor risk assessments
• Monitor internal SLAs to ensure we provide timely service to our internal stakeholders
• Serve as a subject matter expert for security vendor risk management
• Collaborate with the procurement department and other internal stakeholders to improve and expand the vendor risk management program
• Review third party security documents (SOC2, security policies, data flow diagrams, etc.)
• Perform contract reviews of proposed changes to security requirements in our third party contracts
• Liaise with third party vendors as required

Requirements

• A bachelor’s degree and 5+ years’ experience include 3+ in a vendor risk related role
• Experience serving as the subject matter expert for security vendor due diligence
• Experience performing contract review of security terms
• Familiarity with common compliance standards (SOX, SOC2, PCI-DSS, GDPR etc.)
• Familiarity with security frameworks (ISO 27001, NIST, etc.) and general security concepts
• Strong organizational skills and the ability to multitask and switch priorities with short notice
• Strong business analysis, research and analytical skills
• Excellent communication skills

Compensation and Benefits

At Morningstar we believe people are at their best when they are at their healthiest. That’s why we champion your wellness through a wide range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:

• Financial Health
• 100% 401k match up to 6% of salary
• Stock Ownership Potential
• Company provided life insurance - 1x salary + commission
• Physical Health
• Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
• Additional medical Wellness Incentives - up to $300-$600 annual
• Company-provided long- and short-term disability insurance
• Emotional Health
• Trust-Based Time Off
• 6-week Paid Sabbatical Program
• 6-Week Paid Family Caregiving Leave
• Competitive 8-24 Week Paid Parental Leave
• Adoption Assistance
• Leadership Coaching & Formal Mentorship Opportunities
• Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses
• Tuition Reimbursement
• Social Health
• Charitable Matching Gifts program
• Dollars for Doers volunteer program
• Paid volunteering days
• 15+ Employee Resource & Affinity Groups

Total Cash Compensation Range

$114,100.00 - 193,975.00 USD Annual Inclusive of annual base salary and target incentive

Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.