As a Third-Party Risk Analyst Intern, you’ll work with the Third-Party Risk (TPR) Team, within the Enterprise Risk & Compliance Department. TPR works with internal business partners to ensure informed business decision-making with our vendors and third parties. TPR completes holistic assessments of Best Buy’s vendors (e.g., delivery companies, software providers, manufacturers, etc.) and reviews areas like business resiliency, information security, financial viability, ethics, and insurance risk. You will support the identifying of areas of risk or reputational harm that may arise through our relationships with third party partners, while educating these partners on Best Buy’s policies and expectations. In addition, you’ll participate in a summer series that includes our executive speaker events, Excel and PowerPoint workshops, and personal and professional development sessions.
This internship runs from June to August 2024. It’s a hybrid role, meaning you must be located within a drivable distance to our corporate office in Richfield, Minnesota. You’ll be asked to come into the office 3 days per week. This internship does not have the potential to lead to a full-time opportunity. Housing will not be provided.
What you’ll do
- Review information provided by internal business partners to determine if full Third-Party Risk Assessment is necessary
- Analyze the vendors’ assessment responses and review supporting evidence
- Maintain the records of third parties who have been assessed
- Document team processes and recommend process improvements
- Develop and maintain reports for leaders about third party assessments
- Learn about the regulatory landscape of retail, fundamentals of privacy and cybersecurity, and the risk and compliance structures of a large corporation
Minimum Requirements
- Pursuing a bachelor’s or associate’s degree from an accredited college/university, with an expected graduation date between Fall 2024 and Spring 2027
- Must be able to work in the Richfield, MN corporate office Tuesday, Wednesday, and Thursday
- Must be able to work 40 hours per week between the hours of 8 a.m. and 5 p.m.
- Must be able to commit to the internship start and end date of 6/3/2024-8/9/2024
- Must be eligible to work in the U.S. without company sponsorship, now or in the future, for employment-based work authorization
Preferred qualifications
- Proficiency with Microsoft Office suite
- Majoring in Risk Management, Cyber Security, Finance, Legal, Corporate Social Responsibility, or related fields
- Strong analytical skills
- Strong ability to interpret data/information
- Strong ability to prioritize in a fast-paced environment
- General understanding or interest in the US legal framework
What’s in it for you
We’re committed to helping our people thrive at work and at home. We offer generous benefits that address your total well-being and provide support as you need it, especially key moments in your life.
- Competitive pay
- Financial savings and retirement resources
- Physical and mental well-being support
About us
As part of the Best Buy team, you’ll help us fulfill our purpose to enrich lives through technology. We bring that to life every day by humanizing and personalizing tech solutions for every stage of life — in our stores, online and in customers’ homes.
Our culture is built on deeply supporting and valuing our amazing employees who make it all possible. We’re committed to being a great place to work, where you can unlock unique career possibilities. Above all, we aim to provide a place where you can bring your full, authentic self to work now and into the future. Tomorrow works here.
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