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Director Third Party Risk Management Jobs in Massachusetts

Citizens

Third Party Risk Director

Boston, MA · Hybrid

$178K - $186K/yr

Description Director, Third-Party Payments Oversight Summary The Director, Third-Party Payments ... Manage and develop a team of payments professionals; set priorities, coach performance, and build ...

Whoop

GRC Analyst - Third Party Risk

Boston, MA · On-site

$70K - $110K/yr

You will help manage third-party vendor risk reviews, and operational requests, in cross-functional security compliance workflows. Success in this role requires strong attention to detail ...

PeoplesBank

Operational Risk Associate

Holyoke, MA · On-site

$30.77 - $32.82/hr

Third-Party and Technology Risk Management: * Support third-party due diligence and ongoing monitoring by requesting information, reviewing submissions for completeness, documenting status, and ...

Anthropic

Head of Enterprise Risk

Boston, MA · On-site +1

$280K - $340K/yr

Lead and develop a team of programmatic leaders across EH&S, access management, third-party risk, and new-facility security program management; set direction, standards, and accountable outcomes.

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Director Third Party Risk Management information

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$59K

$156.4K

$284K

How much do director third party risk management jobs pay per year?

As of Aug 22, 2026, the average yearly pay for director third party risk management in Massachusetts is $156,375.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,200.00 and $182,900.00 per year, depending on experience, location, and employer.

What does a director of third party risk management do?

A Director of Third Party Risk Management is responsible for overseeing an organization's approach to identifying, assessing, and mitigating risks associated with its external partners, vendors, and suppliers. This role involves developing risk assessment frameworks, ensuring compliance with relevant regulations, and collaborating with internal teams to address any third-party issues that may affect the business. The director also leads the creation and execution of policies and procedures to manage third-party risks effectively, balancing operational needs with regulatory requirements.

What are some of the key challenges a director of third party risk management faces when implementing risk assessment frameworks across a large organization?

One of the main challenges is ensuring consistency and thoroughness in risk assessments across diverse business units and geographies, each with varying levels of vendor complexity and regulatory requirements. Directors often need to balance rigorous risk controls with the need for operational efficiency, which requires strong communication and influence skills to gain stakeholder buy-in. Additionally, keeping up with evolving third-party risks, such as cybersecurity threats and supply chain disruptions, demands continuous process improvement and cross-functional collaboration with IT, legal, and procurement teams.

What are the key skills and qualifications needed to thrive as a director of third party risk management, and why are they important?

To thrive as a Director of Third Party Risk Management, you typically need expertise in risk assessment, compliance, vendor management, and a relevant degree in business, finance, or a related field. Familiarity with risk management frameworks, regulatory requirements, and tools like GRC (Governance, Risk, and Compliance) platforms or vendor risk assessment software is essential. Exceptional leadership, strategic thinking, and negotiation skills help manage cross-functional teams and build strong relationships with vendors. These competencies are crucial to effectively mitigate third-party risks, ensure regulatory compliance, and protect the organization’s reputation and operations.

What is the difference between Director Third Party Risk Management vs Vendor Risk Manager?

AspectDirector Third Party Risk ManagementVendor Risk Manager
CredentialsTypically requires advanced degrees and certifications like CTPRP or CRISCOften requires certifications such as CTPRP, CRISC, or vendor-specific training
Work EnvironmentStrategic leadership, overseeing multiple teams and enterprise-wide risk policiesOperational focus, managing vendor assessments and risk mitigation activities
Industry UsageUsed in large organizations across finance, healthcare, and technology sectorsCommon in organizations with extensive vendor networks, especially in finance and IT

The main difference is that the Director Third Party Risk Management holds a strategic, leadership role overseeing enterprise-wide third-party risks, while the Vendor Risk Manager focuses on operational vendor assessments and risk mitigation. Both roles require similar certifications but differ in scope and level of responsibility.

What are the most commonly searched types of Third Party Risk Management jobs in Massachusetts?

The most popular types of Third Party Risk Management jobs in Massachusetts are:

What are popular job titles related to Director Third Party Risk Management jobs in Massachusetts?

For Director Third Party Risk Management jobs in Massachusetts, the most frequently searched job titles are:

What job categories do people searching Director Third Party Risk Management jobs in Massachusetts look for?

The top searched job categories for Director Third Party Risk Management jobs in Massachusetts are:

What cities in Massachusetts are hiring for Director Third Party Risk Management jobs?

Cities in Massachusetts with the most Director Third Party Risk Management job openings:

Director Third Party Risk Management jobs near you
Infographic showing various Director Third Party Risk Management job openings in Massachusetts as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 10% Part Time, and 2% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $156,375 per year, or $75.2 per hour.

Third Party Risk Director

Citizens

Boston, MA • Hybrid

$178K - $186K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

This job post has expired 2 days ago. Applications are no longer accepted.

Job description

Description

Director, Third-Party Payments Oversight

Summary

The Director, Third-Party Payments Oversight is responsible for designing, implementing, and executing the risk and compliance framework for non-bank partners (fintechs) offering bank services (payments, deposits, and lending). This senior role ensures third-party partners comply with applicable regulatory requirements, bank policies, and payment network rules.

Key Responsibilities

Design, implement, and maintain the third-party payments risk and compliance framework for fintech and BaaS partners.

Oversee ongoing due diligence, risk monitoring, and compliance reviews of third-party partners in coordination with Legal, Commercial Risk, and other control functions.

Assess partner policies, controls, and customer journeys to identify gaps and recommend remediation to reduce regulatory, reputational, and financial risk.

Ensure partner adherence to bank policies, regulatory guidance, and payment network rules (e.g., NACHA, Visa, Mastercard, FedNow).

Lead investigations and cross-functional issue management, developing fact-based recommendations and presenting risk decisions to business and executive stakeholders.

Partner with First and Second Lines of Defense to support governance, reporting, and escalation processes.

Coordinate and support internal and external audits and regulatory examinations related to third-party payments oversight.

Manage and develop a team of payments professionals; set priorities, coach performance, and build team capabilities.

Represent the function with executive presence in internal forums and with external partners as needed; travel periodically to support partner oversight.

Required Skills & Qualifications

5+ years of experience in risk management, compliance, or operations within financial services, fintech, and/or Banking-as-a-Service (BaaS).

Strong knowledge of third-party regulatory guidance and the payments ecosystem.

Experience with customer due diligence, fraud and risk monitoring, and payment network rules (NACHA, Visa, Mastercard, FedNow).

Ability to review and advise on customer and partner policies to protect the bank from fines, regulatory violations, and losses.

Proven ability to evaluate risk and perform compliance reviews in partnership with Legal and Commercial Risk teams.

Understanding of emerging payment systems, digital assets, and blockchain technology, including associated risks.

Executive presence with strong interpersonal, networking, and executive-level presentation skills.

Experience partnering with First and Second Lines of Defense and cross-functional teams to investigate issues and present fact/risk-based recommendations.

Experience with internal and external audits.

At least 2 years of people management experience leading payments professionals, including coaching and development.

Willingness to travel.

Education:

Bachelor's degree in a related field required
Location(s):
Competitive candidates must be prepared to work a hybrid schedule, 4 days on-site, 1 day remote, at one of our corporate hubs:
Boston
Johnston, RI

Pay Transparency: 
The salary range for this position is $178,000 - $186,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is  based on various factors including but not limited to the budget, work location, and relevant skills and experience.
We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens' paid time off policy exceeds the mandatory, paid sick or paid  time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit 
https://jobs.citizensbank.com/benefits.
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Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

Education:Why Work for UsEmployment Type: 1ST

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