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Contract Risk Jobs (NOW HIRING)

Parker

Contracts Sr Specialist

North Hollywood, CA · On-site

$103K/yr

Provides support to assigned programs, conducts contract risk management reviews and makes recommendations to efficiently and cost effectively mitigate potential risks. Manages the change control ...

Walbec Group

Contract Analyst

Waukesha, WI · On-site

$69K - $83K/yr

Conduct pre-bid and contract risk reviews * Draft and revise agreements using standardized ... templates * Partner with internal stakeholders to ensure contracts align with operational needs

Walbec Group

Contract Analyst

Milwaukee, WI · On-site

$68K - $82K/yr

Conduct pre-bid and contract risk reviews * Draft and revise agreements using standardized ... templates * Partner with internal stakeholders to ensure contracts align with operational needs

Walbec Group

Contract Analyst

Milwaukee, WI · On-site

$68K - $82K/yr

Conduct pre-bid and contract risk reviews * Draft and revise agreements using standardized ... templates * Partner with internal stakeholders to ensure contracts align with operational needs

Walbec Group

Contract Analyst

Waukesha, WI · On-site

$69K - $83K/yr

Conduct pre-bid and contract risk reviews * Draft and revise agreements using standardized ... templates * Partner with internal stakeholders to ensure contracts align with operational needs

Design Hire LLC

Contract Manager

Boise, ID · On-site

$100 - $125/hr

Support risk assessment, cost control, contract interpretation, and commercial decision-making for project teams. Qualifications * Bachelor's degree in Quantity Surveying, Engineering, Business ...

Walbec Group

Contract Analyst

Waukesha, WI · On-site

$69K - $83K/yr

Conduct pre-bid and contract risk reviews * Draft and revise agreements using standardized ... templates * Partner with internal stakeholders to ensure contracts align with operational needs

DOC

Contracts Attorney

Milford, MA · Hybrid

Assess and manage contract risk by developing a suitable risk profile for each project and negotiating acceptable, tailored contract terms * Draft and negotiate consents to assignment of contracts ...

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Contract Risk information

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$74

How much do contract risk jobs pay per hour?

As of Sep 9, 2026, the average hourly pay for contract risk in the United States is $30.34, according to ZipRecruiter salary data. Most workers in this role earn between $19.47 and $38.70 per hour, depending on experience, location, and employer.

What is contract risk?

Contract risk refers to the potential for financial loss, legal exposure, or operational issues arising from the terms, execution, or management of contracts between parties. This can include risks such as non-performance, ambiguous clauses, regulatory non-compliance, and disputes over contract obligations. Identifying and managing contract risk is essential for organizations to safeguard their interests and ensure smooth business operations. Contract risk professionals assess agreements for potential pitfalls and develop strategies to minimize or mitigate these risks.

What are some common challenges faced by professionals in contract risk roles, and how can they be addressed?

Professionals in Contract Risk roles often encounter challenges such as navigating ambiguous contract language, managing tight deadlines for risk assessments, and ensuring coordination between legal, compliance, and business teams. Addressing these challenges typically involves developing strong communication skills, utilizing risk management tools, and staying updated on regulatory changes. Building collaborative relationships across departments and participating in ongoing training can also help contract risk professionals effectively mitigate risks and add value to their organizations.

What are the key skills and qualifications needed to thrive as a contract risk professional, and why are they important?

To thrive as a Contract Risk professional, you need strong knowledge of contract law, risk assessment, and compliance, usually supported by a degree in law, business, or a related field. Familiarity with contract management software, risk analysis tools, and regulatory frameworks is essential. Exceptional attention to detail, negotiation skills, and the ability to communicate complex concepts clearly are vital soft skills. These competencies help ensure that organizations identify, mitigate, and manage contractual risks effectively, protecting their interests and maintaining regulatory compliance.

What is the difference between Contract Risk vs Contract Administrator?

AspectContract RiskContract Administrator
Primary FocusIdentifying and mitigating contractual risksManaging contract documentation and execution
Required CredentialsLegal or risk management background, certifications in risk managementLegal, administrative, or contract management experience
Work EnvironmentRisk departments, legal teams, project managementContract departments, procurement, project teams

Contract Risk professionals focus on analyzing and reducing contractual risks before and during contract execution, often working closely with legal and risk management teams. Contract Administrators handle the day-to-day management of contracts, ensuring compliance, documentation, and timely execution. While both roles require understanding contracts, Contract Risk emphasizes risk mitigation strategies, whereas Contract Administrators focus on contract administration and operational tasks.

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Contract Risk jobs near you
Infographic showing various Contract Risk job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 89% Full Time, 8% Part Time, and 2% Contract. Highlights an 85% Physical, 5% Hybrid, and 10% Remote job distribution, with an average salary of $63,100 per year, or $30.3 per hour.

Senior Manager, Third Party & Contract Risk

Las Vegas, NV • On-site

MGM Resorts International
Hospitality Services • 10K+ employees
Learn more about MGM Resorts Internationalexternal

Full-time

Re-posted just now

Key responsibilities

  • Own and enforce the Third-Party Risk Management (TPRM) Program for Supply Chain, including policy, risk tiering, and exception management.

  • Monitor supplier performance, incidents, and compliance with ongoing risk monitoring protocols.

  • Oversee contract risk assessments, review and approve contracts for insurance, indemnity, and regulatory risk requirements.

MGM Resorts rating

7.3

Company rating: 7.3 out of 10

Based on 152 frontline employees who took The Breakroom Quiz

8th of 52 rated entertainment

Job description

Las Vegas, Nevada
The SHOW comes alive at MGM Resorts International
Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.
THE JOB:
The Seni0r Risk Manager - Third Party & Contract Risk leads the third-party and contract risk function, ensuring supplier engagements align with corporate policies, risk tolerance, and regulatory expectations. The Senior Risk Manager oversees the development and enforcement of risk frameworks related to insurance, indemnity, and supplier performance, driving enterprise-wide visibility and accountability. The role partners cross-functionally with Legal, Sourcing, ESG, and Compliance to identify risk exposure, ensure due diligence, and support responsible supplier decision-making.
THE DAY-TO-DAY:
  • Own and enforce the Third-Party Risk Management (TPRM) Program for Supply Chain, including policy, risk tiering, and exception management.
  • Monitor supplier performance, incidents, and compliance with ongoing risk monitoring protocols.
  • Draft and update enterprise policies and SOPs related to supplier and contract risk.
  • Develop dashboards and risk reports to ensure executive-level visibility and proactive issue resolution.
  • Support audits and regulatory inquiries involving vendor risk governance or contract compliance.
  • Serve as the primary point of contact for escalated risk issues, policy breaches, and mitigation plans.
  • Maintain and govern MGM's third-party risk classification system and oversight workflows.
  • Oversee contract risk assessments, COI requirements, and resolution of insurance and indemnity gaps in partnership with Legal and Risk Management.
  • Review and approve contracts for insurance, indemnity, and regulatory risk requirements.
  • Facilitate root cause analysis and resolution of third-party risk incidents.
  • Lead quarterly risk reporting and provide summaries to senior management and compliance leaders.
  • Collaborate with category and sourcing teams to embed risk mitigation strategies into procurement processes.
  • Develop and maintain policy documentation, risk assessment templates, and supplier scorecards.
  • Ensure completion of COI tracking, incident escalation, and corrective action implementation.
  • Lead cross-functional risk working sessions with stakeholders from Legal, Compliance, and ESG.
  • Train Business Units on policy expectations and execution of risk assessment and monitoring. Provide training and guidance to internal stakeholders on risk policy adherence, due diligence, and escalation procedures.

THE IDEAL CANDIDATE:
  • 7+ Years of prior relevant experience in third-party risk management, insurance, compliance, or vendor governance in a large or regulated organization
  • Deep understanding of contract risk, indemnity clauses, and insurance language
  • Experience managing policies and SOPs related to vendor risk and compliance frameworks
  • Familiarity with CLM systems, COI tracking, and audit protocols
  • Strong cross-functional communication and stakeholder engagement skills
  • Bachelor's Degree in Risk Management, Supply Chain, Business Administration, Legal Studies, or a related field - Preferred
  • Master's Degree in a related discipline - Preferred

THE PERKS & BENEFITS:
  • Wellness incentive programs to help you stay healthy physically and mentally
  • Access to company hotel, food and beverage, retail, and entertainment discounts as well as discounts with company partners on things like travel, electronics, online shopping, and more
  • Free parking on and off shift
  • Health & Income Protection benefits (for eligible employees)
  • Professional and personal development through programs and networking opportunities as well as volunteer opportunities in the community

VIEW JOB DESCRIPTION:
https://mgmresorts.marketpayjobs.com/ShowJob.aspx?EntityID=2&jobcode=12725
Are you ready to JOIN THE SHOW? Apply today!

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About MGM Resorts

Sourced by ZipRecruiter

MGM Resorts International (NYSE: MGM) is an S&P 500® global gaming and entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 31 unique hotel and gaming destinations globally, including some of the most recognizable resort brands in the industry. The Company's 50/50 venture, BetMGM, LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker, and the Company's subsidiary, LeoVegas AB, offers sports betting and online gaming through market-leading brands in several jurisdictions throughout Europe. The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its “Focused on What Matters: Embracing Humanity and Protecting the Planet” philosophy, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine's World's Most Admired Companies®

Industry

Hospitality services

Company size

10,000+ Employees

Headquarters location

Paradise, NV, US

Year founded

1962

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