CyberSecurity Risk Analyst
- Toronto, ON, Canada
$66.67 to $80 CAD / hour · Contract
Applications open in a new tab.
Job details
- Pay
- $66.67 to $80 CAD / hour
- Job type
- Contract
- Apply by
- Experience
- 10+ years of experience in information security, cybersecurity, technology risk, or a closely related discipline.
- Posting language
- English
- Posted
Original job description
Working with one of our top financial clients, this role calls for a CyberSecurity Risk Analyst. This position involves evaluating supplier security controls, negotiating contractual security obligations, and supporting financial and third-party risk frameworks within the procurement team. The role offers an excellent opportunity to contribute to risk mitigation initiatives and gain valuable experience in a dynamic banking environment.
Pay rate range (CAD): $66.67/hr – $80.00/hr
Responsibilities
- Review supplier redlines, exceptions, proposed substitutions, and qualification language affecting security obligations.
- Assess whether alternative controls provide comparable protection, considering the supplier’s services, delivery model, and risk profile.
- Translate technical security requirements into clear contractual and negotiation strategies for Procurement.
- Support sourcing and contract managers in supplier discussions, explaining requirements and documenting rationales.
- Identify contractual changes that may weaken security obligations and differentiate routine drafting from substantive control or risk alterations.
- Apply knowledge of security policies, third-party risk frameworks, and applicable regulatory requirements to advise on supplier risk.
- Consider supplier access to information, systems, environments, and services, including cloud, SaaS, and outsourcing.
- Support alignment between security requirements and risk assessments, control evaluations, and contractual obligations.
- Act as Procurement’s primary point of contact for supplier security-related inquiries, coordinating with Security, Legal, and Technology Risk teams.
- Resolve issues within delegated authority; escalate deviations and risk acceptance decisions as needed.
- Prepare decision papers that outline proposed changes, risks, options, and recommendations.
- Maintain an audit trail of advice, approvals, and negotiated positions.
- Assist in maintaining security contracting playbooks, clause guidance, and negotiation templates.
- Identify common supplier objections and recommend improvements to standard clauses and processes.
- Provide training to sourcing teams on security clause interpretation and escalation procedures.
- 10+ years of experience in information security, cybersecurity, technology risk, or a closely related discipline.
- 8+ years assessing supplier security controls, including cloud, SaaS, and outsourcing.
- Working knowledge of security frameworks such as NIST, ISO/IEC 27001/27002, and SOC 1/SOC 2.
- Experience interpreting contractual security language and negotiating exceptions.
- Ability to communicate complex technical issues in clear business language.
- Strong understanding of Contract Lifecycle Management (CLM).
- Proficiency with MS Office Suite.
- Excellent communication and presentation skills.
- Ability to train and transfer knowledge to procurement teams.
- Experience within banking or financial institutions.
- Relevant certifications such as CISSP, CISM, CISA, or CRISC.
Privacy Policy
More about this job
Responsibilities
Evaluate supplier security controls and contractual changes, assess whether alternative controls provide comparable protection, and advise Procurement on security requirements and negotiation strategies. Coordinate with Security, Legal, and Technology Risk teams, document decisions and approvals, and improve security contracting guidance and procurement training.
Requirements
Requires 10+ years of experience in information security, cybersecurity, technology risk, or a related field, including 8+ years assessing supplier security controls across cloud, SaaS, and outsourcing. Candidates should know NIST, ISO/IEC 27001/27002, and SOC 1/SOC 2, have experience interpreting and negotiating contractual security language, and communicate complex issues clearly; banking experience and CISSP, CISM, CISA, or CRISC certifications are preferred.
Skills
- Supplier Security Assessment
- Third-Party Risk Management
- Cybersecurity
- Contractual Security Negotiation
- Security Controls Evaluation
- NIST
- ISO/IEC 27001/27002
- SOC 1/SOC 2
- Cloud Security
- SaaS Security
- Outsourcing Risk
- Contract Lifecycle Management
- Regulatory Compliance
- Risk Assessment
- Procurement
- Microsoft Office
Visa sponsorship
Not detected in the job text
Categories
- Security & Safety
- Technology
- Finance & Accounting
- Legal
- Management & Leadership
Keywords
- Supplier Security
- Third-Party Risk Management
- Cybersecurity
- Technology Risk
- Procurement
- Security Controls
- Contractual Security Obligations
- Contract Negotiation
- NIST
- ISO/IEC 27001
- ISO/IEC 27002
- SOC 1
- SOC 2
- Cloud
- SaaS
- Outsourcing
- Contract Lifecycle Management
- Risk Assessment
- Regulatory Requirements
- Financial Services
- CISSP
- CISM
- CISA
- CRISC
- Microsoft Office
- Security Contracting Playbooks
- Audit Trail