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Contract Third Party Risk Analyst Jobs in Michigan

... Security Operations, Third-Party Risk Management, and ServiceNow AI Control Tower use cases ... Analyzing processes, controls, and tools to identify opportunities for ServiceNow configuration and ...

... Security Operations, Third-Party Risk Management, and ServiceNow AI Control Tower use cases ... Analyzing processes, controls, and tools to identify opportunities for ServiceNow configuration and ...

... Third-Party Risk Management workstreams in partnership with architects and product owners ... Experience with Performance Analytics, Predictive Intelligence, Now Assist, or generative ...

... Third-Party Risk Management workstreams in partnership with architects and product owners ... Experience with Performance Analytics, Predictive Intelligence, Now Assist, or generative ...

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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 Sep 2, 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 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 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 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 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 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 are popular job titles related to Contract Third Party Risk Analyst jobs in Michigan?

For Contract Third Party Risk Analyst jobs in Michigan, the most frequently searched job titles 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:

Vendor Management Manager

Lake Michigan Credit Union

Grand Rapids, MI • On-site

Full-time

Medical, Dental, Vision, Retirement

Posted 14 days ago


Lake Michigan Credit Union rating

8.0

Company rating: 8.0 out of 10

Based on 28 frontline employees who took The Breakroom Quiz


Job description

General Information
Primary Location: Grand Rapids, MI
Employee Status: Full-Time
Workplace Type: Fully On-Site
Who we are:
At LMCU, you'll find more than just a job - discover a fulfilling career where your contributions truly matter. Join our talented team at Lake Michigan Credit Union and discover the difference an employer who puts people first can make in your career and life.
About this position:
The Vendor Management Manager is responsible for implementing, maintaining & administrating the Credit Union's Third-Party Risk Management (TPRM) program. This role focuses on vendor due diligence, ongoing monitoring, risk assessments, reporting, and coordination with internal stakeholders to ensure third party relationships are managed in accordance with regulatory requirements, internal policy, and risk appetite. The position partners closely with Risk Management, Compliance, IT, Legal, and business owners across the organization. The Vendor Management Manager will ensure that identified risk exposures are properly mitigated and appropriate risk action plans are implemented as appropriate.
What you'll do:
Third-Party Risk & Due Diligence
  • Lead the enhancement and streamlining of the third-party relationships process, including clarity of roles, escalation, and communication.
  • Perform risk assessments for current and prospective third-party relationships, including inherent and residual risk evaluations.
  • Conduct initial and ongoing due diligence activities, including initial review of contracts, SOC reports, information security documentation, business continuity plans, etc.
  • Track, document, and maintain vendor risk ratings, due diligence status, and remediation items within the vendor management system.
  • Conduct vendor onboarding, renewal, and termination processes in accordance with policy and regulatory expectations.

Program Administration
  • Assist Risk Manager with various projects and reports. Run the reports to completion and present findings to Risk Manager. Based on evaluation and interpretation, report findings and suggestions.

People Leadership & Team Management
  • Supervise and support Vendor Management staff, including oversight of daily activities, timecard approvals, recruitment and onboarding, performance management, coaching and development, and completion of performance evaluations to ensure team effectiveness and alignment with organizational goals.
  • Adhere to and champion our core values of curious minds, collaborative hearts, and continuous excellence.
  • Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

What you'll bring:
  • Three to five years of experience in financial services, risk management, vendor management, compliance, audit, or a related field preferred.
  • High School Diploma is required.
  • College degree in business, finance, risk management, information systems, or a related field preferred, but not required.
  • Relevant certifications (e.g., CTPRP, CRVPM) are a plus but not required.
  • Experience with vendor management platforms/process flows.
  • Must be able to effectively handle multiple, simultaneous, and changing priorities.
  • Must be capable of exercising highest level of discretion on both internal and external confidential matters.

What you'll get:
  • All Employees: weekly pay and retirement savings options.
  • Full-Time Employees: comprehensive health coverage including medical (with prescription), dental, vision, HSA match, paid parental leave, and tuition reimbursement.
  • To see a full list of our benefit offerings, check out this helpful guide!

Have additional questions about the role? Email the Talent Acquisition Team at: Careers@lmcu.org
If you lack access to the internet or require an accommodation in the application process, please send your resume via mail to P.O. Box 2848, Grand Rapids, MI 49501-2848.
LMCU is an Equal Opportunity Employer

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