Internship, Vendor Risk Assessment & GRC Optimization

Job Description

Internship, Vendor Risk Assessment & GRC Optimization | Blue Cross Blue Shield Association (BCBSA)

The Tone:
This is a temporary internship at Blue Cross Blue Shield Association (BCBSA), located in Chicago, IL or Washington, D.C. (Hybrid). BCBSA serves as the foundation supporting Blue Cross and Blue Shield companies nationwide, dedicated to improving healthcare quality, affordability, and accessibility for all Americans. This role offers an immediate opportunity to contribute to critical operations within enterprise risk management and healthcare compliance, addressing a significant backlog of vendor risk assessments and optimizing GRC platforms.

The TL;DR
• Role: Internship
• Type: Temporary (Summer)
• Location: Chicago, IL or Washington, D.C. (Hybrid)
• Pay: $26 hourly
• Team: Reports to current management within enterprise risk management
• Mission: Address a backlog of vendor risk assessments and optimize GRC platforms to reduce compliance risk and improve operational efficiency.
• Tech Stack: Whistic and LogicGate GRC platforms, Microsoft Excel, Word, PowerPoint, SharePoint

What You’ll Actually Do
• Backlog Reduction: Reduce the existing assessment backlog by 30-40%, completing approximately 40-50 vendor assessments.
• Efficiency Improvement: Improve vendor response time from 21 days to an average of 14 days for risk assessments.
• Data Integrity: Clean up 100% of identified data integrity issues within the Whistic and LogicGate GRC platforms.
• Process Enhancement: Establish a systematic framework for engaging business owners in the vendor risk assessment process.
• Project Presentation: Create and deliver a final PowerPoint presentation summarizing the internship experience, project outcomes, and recommendations to department leadership.

The Must-Haves
• Background: Pursuing a bachelor’s degree with a minimum GPA of 3.0/4.0.
• Experience: 1+ year of relevant degree-level experience.
• Skills: Demonstrated interpersonal skills, effective communication skills (verbal and written), problem-solving and analytical skills, self-starter with good time management, proactive and eager to learn, developing computer skills.
• Bonus: Experience with Microsoft Excel, Word, PowerPoint, and SharePoint.