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Director Third Party Risk Management Jobs in Boston, MA

Citizens Bank

Third Party Risk Director

Boston, MA · On-site

$178K - $186K/yr

Director, Third-Party Payments Oversight Summary The Director, Third-Party Payments Oversight is ... Required Skills & Qualifications • 5+ years of experience in risk management, compliance, or ...

Citizens

Third Party Risk Director

Boston, MA · Hybrid

$178K - $186K/yr

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

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 ...

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 ...

Citizens

Third Party Risk Analyst

Boston, MA · On-site

$86K - $101K/yr

... risk by executing proactive payment network compliance oversight, managing network inquiries and ... Own and manage payment network compliance matters for sponsored clients, including merchant ...

Citizens

Third Party Risk Analyst

Medford, MA · On-site

$86K - $101K/yr

... risk by executing proactive payment network compliance oversight, managing network inquiries and ... Own and manage payment network compliance matters for sponsored clients, including merchant ...

Citizens

Third Party Risk Analyst

Medford, MA

$86K - $101K/yr

... risk by executing proactive payment network compliance oversight, managing network inquiries and ... Own and manage payment network compliance matters for sponsored clients, including merchant ...

Citizens

Third Party Risk Analyst

Boston, MA

$86K - $101K/yr

... risk by executing proactive payment network compliance oversight, managing network inquiries and ... Own and manage payment network compliance matters for sponsored clients, including merchant ...

Whoop

GRC Analyst, Operations & Risk

Boston, MA

As a GRC Analyst, Operations & Risk, you will support the WHOOP Governance, Risk, and Compliance program by helping manage GRC intake, coordinate third-party risk activities, strengthen operational ...

WHOOP

GRC Analyst, Operations & Risk

Boston, MA · On-site

GRC Analyst, Operations & Risk As a GRC Analyst, Operations & Risk, you will support the WHOOP Governance, Risk, and Compliance program by helping manage GRC intake, coordinate third-party risk ...

Whoop

GRC Analyst, Operations & Risk

Boston, MA · On-site

As a GRC Analyst, Operations & Risk, you will support the WHOOP Governance, Risk, and Compliance program by helping manage GRC intake, coordinate third-party risk activities, strengthen operational ...

Whoop

GRC Analyst, Operations & Risk

Boston, MA · On-site

As a GRC Analyst, Operations & Risk, you will support the WHOOP Governance, Risk, and Compliance program by helping manage GRC intake, coordinate third-party risk activities, strengthen operational ...

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Director Third Party Risk Management information

See Boston, MA salary details

$58.7K

$155.6K

$282.5K

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

As of May 28, 2026, the average yearly pay for director third party risk management in Boston, MA is $155,556.00, according to ZipRecruiter salary data. Most workers in this role earn between $114,600.00 and $182,000.00 per year, depending on experience, location, and employer.

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 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 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 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 Boston, MA? The most popular types of Third Party Risk Management jobs in Boston, MA are:
What are popular job titles related to Director Third Party Risk Management jobs in Boston, MA? For Director Third Party Risk Management jobs in Boston, MA, the most frequently searched job titles are:
What job categories do people searching Director Third Party Risk Management jobs in Boston, MA look for? The top searched job categories for Director Third Party Risk Management jobs in Boston, MA are:
What cities near Boston, MA are hiring for Director Third Party Risk Management jobs? Cities near Boston, MA 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 Boston, MA as of May 2026, with employment types broken down into 78% Full Time, 8% Part Time, and 14% Contract. Highlights an 65% Physical, 2% Hybrid, and 33% Remote job distribution, with an average salary of $155,556 per year, or $74.8 per hour.
Third Party Risk Management Analyst

Third Party Risk Management Analyst

Bain Capital

Boston, MA • On-site

Full-time

This job post has expired today. Applications are no longer accepted.

Job description

Title: Third Party Risk Management Analyst
Reports to: Cyber Risk Director
Department: Information Technology
Location: Boston, MA
Type: Full time
BAIN CAPITAL OVERVIEW
With approximately $225 billion of assets under management, Bain Capital is one of the world's leading private investment firms. We create lasting impact for our investors, teams, businesses, and the communities in which we live. Over four decades we have strategically grown our platform to focus on Private Equity, Growth & Venture, Capital Solutions, Credit, and Real Assets. Today, our team includes 1,985+ employees in 24 offices on four continents.
We partner differently to help people and companies embrace possibility and realize potential. Founded as a private partnership in 1984, we have fostered a culture of innovation, entrepreneurialism, and agility, empowering our people to define and own their career trajectories. Today, our partnership approach enables us to pursue strategic growth, build enduring relationships with a robust external network, and collaborate across our integrated platform to connect the deep and diverse expertise that unlocks breakthrough insights.
Our people are the heart of our advantage. Colleagues at all levels have a seat at the table as they tackle business challenges with a principal investor mindset. By asking incisive questions, respectfully challenging one another, and remaining intellectually agile, we work together to achieve exceptional outcomes.
For more information visit: Bain Capital
DESCRIPTION
This role is responsible for managing third parties and third-party risk management activities, supporting procurement and sourcing initiatives, and ensuring compliance with internal governance standards. The position partners with cross-functional teams to assess and manage mitigation of risks, improve processes, and support effective third-party relationships across the organization. The role also monitors emerging industry and cybersecurity risks, maintains oversight frameworks, and contributes to the continuous enhancement of third party risk management and procurement practices.
Responsibilities:
  • Lead risk assessments of third parties. Develop remediation plans and partner with internal stakeholders to ensure that all risk assessment and remediation requirements have been met.
  • Identify, assess, and document AI-related risks introduced by third parties, including evaluating the use of AI/ML tools, models, and automated decision-making systems, and apply relevant AI governance frameworks to ensure appropriate oversight and risk mitigation.
  • Support the third party selection and contracting process on major sourcing efforts. Assess the risks associated with a third party relationship prior to the renewal of contract agreements.
  • Continually reassess the risks associated with the function and inherent in the business based on the third party relationships.
  • Analyze, update and modify procedures and processes to identify and continuously implement third party risk management process improvements to meet emerging risks.
  • Maintain a structured internal governance framework to ensure effective oversight of third party risk management and procurement compliance.
  • Stay informed about the latest developments in the third party risk management and cyber field.
  • Maintains knowledge of business, products and systems to ensure effective use of third party and procurement services.
  • Partner and maintains strong working relationships within Procurement, Compliance, IT, RDS and Legal and business units as applicable.
  • Qualifications
  • Bachelor degree in technology, risk, business or a related field.
  • 2 - 4 years of practical or working experience within third party risk management or auditing, preferably in the financial services line of business.
  • Certifications in Risk (CTPRP, CTPRA), Audit/Cyber (CISSP, CRISC, CISA, CISM) and Project Management (PMP) are a plus but not a requirement. Must be willing to obtain such certifications as directed by management.
  • Prior hands-on technical experience with technology, business applications, cybersecurity products, and IT support / Infrastructure.
  • Ability to assess IT/Security operational processes, controls and governance. Perform gap analysis and make recommendations on remediation or mitigating controls.
  • Knowledge of control and risk identification, and the ability to assess the strength of controls in relation to multiple risk factors operating in complex situations and systems.
  • Proven analytical and problem-solving skills. Detail oriented and organized in managing multi-project, multi-tasked responsibilities with varying deadlines.
  • Familiarity with industry compliance standards and frameworks, such as ISO 27001, SIG, SOC2, NIST and others.
  • Knowledge of AI risk concepts, AI/ML governance frameworks (such as NIST AI RMF or ISO 42001), and the ability to assess and evaluate AI-related risks and controls within third party relationships, including experience with or awareness of AI tools, automated decision-making, and emerging AI regulatory requirements.
  • Exceptional communication and presentation skills. The ability to translate technical concepts into layman's terms and interface with various levels of management internally and within Third Parties

Compensation: Expected Annual Base Salary $75,000 - $90,000.
Actual base salary will be determined by a wide range of factors including but not limited to role, function, level, experience, qualifications and geographic location. In addition to a competitive base salary, this position may be eligible for a discretionary annual bonus based upon factors such as individual impact, team and firm performance. Bain Capital offers a competitive benefits package designed to support employees' health, financial security, family needs, and overall well-being.

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