Well, to be honest: I don't know how to apply or convert a film profile after scanning, or better saying if it has the same effect.
When I select the profile during scanning, the result is perfect. With VueScan you can deselect the profile and return to 'Default' after scanning if you want, but this wouldn't remove the orange mask of the film.
Basically the profiling goes like this:
Preview a small patch of blank film. (Not mentioned in the VueScan manual)
Set the check mark in 'Lock Exposure'. (Not mentioned in the VueScan manual)
Preview the same small patch of blank film. (Not mentioned in the VueScan manual)
Set the check mark in 'Lock Color'. (Not mentioned in the VueScan manual)
Then profile your film (VS sets the color values to White Balance and superimposes the grid), scan the IT 8.7 target, insert the path to the text file that relates to your film and target, save the profile, save the settings.
For each scan session load the settings you've saved, and the 'Lock Exposure' and 'Lock Color' will be selected with the correct values.
Then scan.
Finished.
This way you can profile any film you want, or the same film from different labs and assign them a unique name for the settings. This is a lot easier - for me - then to post process the image for hours.