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Contract Third Party Risk Analyst Jobs in Michigan

Information Security experience (preferably Third Party Risk Management and Compliance) Familiarity with SOC 1 (SSAE 16*) and SOC 2 (**AT101) reports Ability to write process, procedures, flowcharts ...

Non Exempt Job Summary The Partnership Risk Analyst plays a key role in maintaining and enhancing ... Demonstrates the ability to build and maintain positive third-party partner relationships by ...

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Contract Third Party Risk Analyst information

See Michigan salary details

$13

$35

$57

How much do contract third party risk analyst jobs pay per hour?

As of Aug 8, 2026, the average hourly pay for contract third party risk analyst in Michigan is $35.29, according to ZipRecruiter salary data. Most workers in this role earn between $25.96 and $42.93 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a contract third party risk analyst?

To thrive as a Contract Third Party Risk Analyst, you need a solid understanding of risk management, vendor assessment processes, and relevant regulatory frameworks, often supported by a degree in business, finance, or a related field. Familiarity with risk assessment tools, contract management systems, and certifications such as CTPRA (Certified Third Party Risk Assessor) is highly valuable. Strong analytical skills, attention to detail, and effective communication enable you to identify risks and work collaboratively with stakeholders. These skills ensure organizations can mitigate vendor-related risks and maintain compliance in an increasingly complex regulatory environment.

What is the difference between Contract Third Party Risk Analyst vs Vendor Risk Analyst?

AspectContract Third Party Risk AnalystVendor Risk Analyst
CertificationsCertifications like CTPRP, CRISC often preferredSimilar certifications, often including CTPRP or CRISC
Work EnvironmentTypically in finance, healthcare, or corporate sectors managing third-party risksSimilar industries, focusing on vendor assessments and risk mitigation
Employer UsageUsed by organizations managing contractual third-party relationshipsCommonly employed by companies evaluating vendor and supplier risks

The Contract Third Party Risk Analyst and Vendor Risk Analyst roles share many similarities, including required certifications and work environments. Both focus on assessing and mitigating risks associated with external entities, but the Contract Third Party Risk Analyst often emphasizes contractual obligations, while the Vendor Risk Analyst concentrates on evaluating vendor performance and compliance.

What are common challenges faced by contract third party risk analysts when evaluating new vendors?

Contract Third Party Risk Analysts often encounter challenges such as incomplete or inconsistent documentation from vendors, rapidly changing regulatory requirements, and time constraints for onboarding. They must balance thorough due diligence with business needs for efficiency, often working closely with procurement, legal, and IT security teams. Building strong communication skills and developing robust assessment templates can help analysts efficiently identify and mitigate potential risks while maintaining positive vendor relationships.

What is a contract third party risk analyst?

A Contract Third Party Risk Analyst is a professional who evaluates and manages the risks associated with an organization's external vendors, suppliers, or partners. Their main role is to assess the security, compliance, and operational risks that third parties might pose, especially when handling sensitive data or critical business functions. They often review contracts, conduct risk assessments, and ensure that third parties comply with relevant regulations and internal policies. This helps organizations reduce potential financial, reputational, or legal impacts from working with external entities.
What are the most commonly searched types of Third Party Risk Analyst jobs in Michigan? The most popular types of Third Party Risk Analyst jobs in Michigan are:
What job categories do people searching Contract Third Party Risk Analyst jobs in Michigan look for? The top searched job categories for Contract Third Party Risk Analyst jobs in Michigan are:
What cities in Michigan are hiring for Contract Third Party Risk Analyst jobs? Cities in Michigan with the most Contract Third Party Risk Analyst job openings:

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 3 days ago

New


Job description

First National Bank of America has an opening for an investigative and detail-oriented Risk Analyst to join the Risk Management team. This position will focus on evaluating and risk-rating third parties to identify, assess, and monitor potential risks. The Risk Analyst role requires above-average attention to detail, a strong commitment to accuracy, and the ability to complete tasks on time. If you have a keen eye for detail, excellent analytical skills, and a passion for implementing robust risk management practices, we encourage you to apply.

Responsibilities:

  • Evaluating and risk-rating third parties in a manner that meets regulatory requirements and provides meaningful risk information to the business units that rely on those third parties
  • Maintaining contracts, business continuity plans, insurance certificates, audit reports, and other documentation for each third party
  • Producing quarterly reports for the Board of Directors regarding third-party onboarding, terminations, and significant events
  • Improving and maintaining the management information system that houses third-party information
  • Collaborating with business units and teammates to map vendor products and services to bank processes
  • Identifying and escalating emerging risks, such as those related to artificial intelligence or single points of failure

Qualifications:

  • Database Management and Record Management experience
  • Familiarity with Microsoft Excel pivot tables and formulas
  • Proven ability to communicate and collaborate with all levels within an organization through both verbal and written channels
  • Strong attention to detail and organization skills

Employee benefits

  • Medical - Multiple plans to choose from including HSA and traditional. Premiums as low as $0.00
  • Dental - Premiums as low as $0.00
  • Vision - Low premium Plan
  • Discounted childcare
  • Pet Insurance
  • Paid Time Off (PTO)
  • 401k with employer match
  • Adjustable desks that can be raised or lowered to sit or stand