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Contract Third Party Risk Analyst Jobs in Wisconsin

Third-Party Risk Management: Assist with vendor due diligence, third-party governance activities ... Strong analytical, organizational, and communication skills. Preferred Qualifications * Experience ...

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Third-Party Risk Management: Assist with vendor due diligence, third-party governance activities ... Strong analytical, organizational, and communication skills. Preferred Qualifications * Experience ...

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Experience with contract management, SLA frameworks, and performance analytics * Knowledge of third-party risk management processes and regulatory frameworks (e.g., DORA, outsourcing regulations ...

Risk Analysis & Strategy Support * Research and evaluate current trends in risk management and loss ... Coordinate with third-party administrators, insurers, legal teams, and internal claims staff on ...

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Contract Third Party Risk Analyst information

See Wisconsin salary details

$15

$40

$66

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

As of Aug 9, 2026, the average hourly pay for contract third party risk analyst in Wisconsin is $40.86, according to ZipRecruiter salary data. Most workers in this role earn between $30.10 and $49.76 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 Wisconsin? The most popular types of Third Party Risk Analyst jobs in Wisconsin are:
What are popular job titles related to Contract Third Party Risk Analyst jobs in Wisconsin? For Contract Third Party Risk Analyst jobs in Wisconsin, the most frequently searched job titles are:
What job categories do people searching Contract Third Party Risk Analyst jobs in Wisconsin look for? The top searched job categories for Contract Third Party Risk Analyst jobs in Wisconsin are:
What cities in Wisconsin are hiring for Contract Third Party Risk Analyst jobs? Cities in Wisconsin with the most Contract Third Party Risk Analyst job openings:

Vendor Risk Analyst 2

Summit Credit Union

Cottage Grove, WI • On-site

Full-time

Medical, Retirement, PTO

Posted 12 days ago


Summit Credit Union rating

7.7

Company rating: 7.7 out of 10

Based on 16 frontline employees who took The Breakroom Quiz


Job description

At Summit Credit Union, we believe in helping people achieve financial success while creating a workplace where employees feel valued, empowered, and connected. As a Vendor Risk Analyst II, you will play a key role in protecting the organization by supporting our enterprise-wide third-party risk management program and ensuring our vendor partnerships align with regulatory requirements, business objectives, and risk management standards.
What You'll Do
As a Vendor Risk Analyst II, you will:
  • Evaluate and assess third-party vendors during onboarding and throughout the vendor lifecycle.
  • Conduct vendor due diligence reviews and ongoing monitoring activities.
  • Identify, analyze, and communicate vendor-related risks to business stakeholders and leadership.
  • Ensure compliance with internal policies, regulatory requirements, and third-party risk management standards.
  • Partner with business units and vendors to develop and implement risk mitigation strategies.
  • Support vendor offboarding activities through established workflows and vendor management systems.
  • Maintain accurate records and documentation related to vendor risk assessments and reviews.
  • Foster strong relationships with internal stakeholders and external vendors while delivering exceptional service and support.

What You'll Bring
Required Qualifications
  • Bachelor's degree in Business Administration, Risk Management, or a related field; or an equivalent combination of education and experience.
  • Three or more years of experience in vendor risk management or a related risk management function.
  • Strong understanding of vendor risk assessment methodologies and due diligence practices.
  • Knowledge of financial industry regulations and guidance, including NCUA regulations, FFIEC guidance, and the Gramm-Leach-Bliley Act (GLBA).
  • Experience managing multiple priorities in a fast-paced environment.
  • Excellent analytical, critical thinking, communication, and organizational skills.
  • Proficiency with Microsoft Office applications and vendor management systems.
Preferred Qualifications
  • Certification in Vendor Relationship Management, such as Certified Regulatory Vendor Program Manager (CRVPM) Level 3, or equivalent certification.
  • Knowledge of business continuity and third-party resilience requirements.
  • Experience working within a financial institution or highly regulated industry.
What Success Looks Like
In this role, you will help ensure:
  • Vendors are thoroughly vetted and monitored throughout their lifecycle.
  • Risk assessments are completed accurately and timely.
  • Emerging risks are escalated appropriately to stakeholders and leadership.
  • Vendor relationships are managed proactively and effectively.
  • The credit union maintains a strong, compliant, and service-focused third-party risk program.

Our perks include:
  • Excellent health insurance options to support you and your family
  • 401(k) with employer match to help you invest in your future
  • Generous paid time off so you can recharge and live your life
  • Paid holidays and wellness-focused benefits
  • Opportunities for professional growth and leadership development
  • A people-first culture that values inclusion, purpose, and impact
  • And more benefits designed to support you-at work and beyond

Our Commitment
At Summit Credit Union, different makes us better. We are proud to be an Equal Employment Opportunity employer and are committed to building a diverse, inclusive workplace where everyone belongs and can do their best work.
Ready to help us manage risk while building strong vendor partnerships? Apply today and join a team dedicated to protecting and strengthening our organization for the future.
Additional Information
  • Physical Demands of Position: While performing the duties of this job, the employee is continuously required to stand, walk and sit, use hands and fingers. The employee occasionally must reach above and below shoulder level, and lift/push/pull and/or carry up to 40 pounds.
  • Environmental/Working Conditions: Works in a typical administrative setting with climate control and appropriate lighting. Saturday hours required.
  • Equipment Used: Computer terminal/PC, calculator, printer/copiers, telephone.
  • EEO Statement: At Summit Credit Union, we are committed to providing Equal Employment Opportunity regardless of race, color, religion, sex, age, national origin, disability, military and veteran status, sexual orientation, gender identity, marital status or any other characteristic protected by local, state, or federal law. We embrace diversity and believe that inclusion is critical to our success as a credit union. Different makes us better. Employment decisions are made based on qualifications, merit, and business need.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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