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Director Third Party Risk Management Jobs in Riverside, CA

Direct the creation and maintenance of Business Continuity Plans (BCP) and Emergency Response Plans. * Oversee coordination of risk management efforts related to physical security, safety, and ...

The role will support the Senior Director for Legal Affairs and Risk Management and will work ... Coordinate responses to subpoenas, law enforcement, and other third-party requests for information ...

Internal Audit - Risk Manager

Irvine, CA · On-site

$101K - $113K/yr

GLOVIS America, Inc. is a third-party logistics provider headquartered in Irvine, CA. Since our ... Master's Degree Preferred * 7 - 10 Years of Direct Experience in Risk Management, Governance, and ...

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Director Third Party Risk Management information

See Riverside, CA salary details

$56.3K

$149.4K

$271.2K

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

As of Jun 21, 2026, the average yearly pay for director third party risk management in Riverside, CA is $149,380.00, according to ZipRecruiter salary data. Most workers in this role earn between $110,100.00 and $174,700.00 per year, depending on experience, location, and employer.

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 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 job categories do people searching Director Third Party Risk Management jobs in Riverside, CA look for? The top searched job categories for Director Third Party Risk Management jobs in Riverside, CA are:
What cities near Riverside, CA are hiring for Director Third Party Risk Management jobs? Cities near Riverside, CA with the most Director Third Party Risk Management job openings:
Infographic showing various Director Third Party Risk Management job openings in Riverside, CA as of June 2026, with employment types broken down into 1% Internship, 4% As Needed, 78% Full Time, 13% Part Time, 3% Temporary, and 1% Contract. Highlights an 89% Physical, 4% Hybrid, and 7% Remote job distribution, with an average salary of $149,380 per year, or $71.8 per hour.
Director of Risk Management

Director of Risk Management

Foundation Building Materials

Santa Ana, CA • On-site

$140K - $160K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 2 days ago


Foundation Building Materials rating

6.2

Company rating: 6.2 out of 10

Based on 53 frontline employees who took The Breakroom Quiz

272nd of 341 rated retail wholesalers


Job description

About Us
Company Overview
Foundation Building Materials (FBM) is a leading construction materials distribution company serving the commercial and residential construction markets across United States and Canada. In conjunction with Unified Door & Hardware Group (UDHG), a premier provider of commercial door, frame, and hardware solutions, FBM supports a broad range of construction and architectural projects nationwide.
Together, FBM and UDHG's 8,000+ Team Members are committed to operational excellence, innovation, and employee development. By combining scale, specialty expertise, and a customer-first mindset, we deliver high-quality products and services to contractors, builders, and project teams across diverse markets. As the organization continues to grow and evolve following the recent acquisition by Lowe's, we are investing in strong, forward-thinking talent to support our long-term success.
Overview
Position Overview
The Director of Risk Management is responsible for leading the strategic development, implementation, and oversight of the Company's enterprise risk management, insurance, claims administration, analytics and RMIS system. This role partners closely with executive leadership, operations, safety, human resources, legal, and third-party administrators to identify, assess, mitigate, and monitor organizational risks across FBM's operations throughout North America.
The Director of Risk Management provides leadership and direction for workers' compensation, auto liability, general liability, property, and other corporate insurance programs while driving initiatives that reduce loss exposure, improve claims outcomes, and support a culture of safety and accountability. This position requires substantial discretion and independent judgment in evaluating risk exposures, developing risk mitigation strategies, negotiating with insurance partners, and recommending solutions that align with organizational objectives.
A critical component of this role is serving as the organizational leader and subject matter expert for Origami Risk, including system administration oversight, data integrity, reporting, analytics, workflow optimization, and strategic utilization of the platform to support claims management, risk analysis, and enterprise decision-making.
Responsibilities and Qualifications
Key Responsibilities
Enterprise Risk Management
  • Develop and execute the organization's enterprise risk management strategy to identify, assess, monitor, and mitigate operational, financial, legal, and strategic risks
  • Establish risk management policies, procedures, and best practices that align with corporate objectives and regulatory requirements
  • Partner with executive leadership to evaluate emerging risks and develop proactive mitigation strategies
  • Lead enterprise-wide risk reporting and provide recommendations to senior leadership regarding risk exposure and control measures
  • Monitor trends and industry developments that may impact the Company's risk profile

Insurance Program Management
  • Direct the administration of all corporate insurance programs, including workers' compensation, auto liability, general liability, property, umbrella, cargo, and other coverages
  • Manage relationships with insurance carriers, brokers, third-party administrators, and other risk management service providers
  • Project manage annual insurance renewals and ensure accurate and timely data submission to brokers
  • Analyze insurance program performance and recommend adjustments to optimize coverage and control costs
  • Support contract review processes by evaluating insurance requirements and risk transfer provisions

Claims Management
  • Oversee the administration and resolution of workers' compensation, auto liability, general liability, and property claims
  • Oversee the third-party administrator program and overall department processes
  • Review significant claims exposures and develop strategies to reduce financial impact and operational disruption
  • Drive initiatives that improve claim outcomes, reduce frequency and severity, and support alternative return-to-work programs

Origami Risk Administration & Strategy
  • Serve as the executive owner and primary business leader for the Origami Risk platform across the organization
  • Collaborate with internal stakeholders and external partners to maximize platform functionality and business value
  • Identify opportunities for automation, process improvement, and enhanced utilization of Origami Risk capabilities
  • Lead system enhancements, upgrades, implementations, and integration initiatives related to claims and risk management operations
  • Ensure accurate and timely reporting of risk, claims, and loss data to support strategic decision-making

Risk Analytics & Reporting
  • Analyze claims trends, loss experience, insurance costs, and operational risk indicators
  • Utilize data analytics to identify root causes of losses and opportunities for continuous improvement
  • Establish key performance indicators and benchmarks to measure program effectiveness
  • Provide actionable recommendations based on risk and claims data analysis

Compliance & Governance
  • Ensure compliance with applicable federal, state, provincial, and local regulations related to risk management, insurance, and claims administration
  • Maintain documentation and reporting necessary to support audits, regulatory inquiries, and insurance requirements
  • Partner with Legal, Safety, and Human Resources teams on compliance-related initiatives and risk mitigation strategies
  • Support litigation management efforts and coordinate with legal counsel as necessary

Leadership & Cross-Functional Partnership
  • Provide exceptional, simple process improvements to streamline tasks for the Risk team
  • Provide leadership, coaching, and development to risk management personnel and support teams
  • Influence organizational decision-making by providing expert guidance on risk-related matters
  • Promote a culture of accountability, proactive risk management, and continuous improvement throughout the organization

Qualifications
Required
  • Bachelor's degree in Risk Management, Business Administration, Finance, Insurance, Occupational Safety, or a related field
  • 8+ years of progressive risk management, insurance, claims administration, or related experience
  • 5+ years of leadership experience managing risk management programs and initiatives
  • Extensive experience managing workers' compensation, liability, and property insurance programs
  • Experience driving process improvements with exceptional organizational skills
  • Demonstrated experience utilizing Origami Risk or similar enterprise risk management and claims management platforms
  • Strong knowledge of insurance principles, claims administration, risk financing, and loss prevention strategies
  • Experience working with third-party administrators, insurance carriers, brokers, and legal counsel
  • Strong analytical, problem-solving, and strategic planning skills
  • Excellent communication, presentation, and relationship management abilities
  • Proficiency with Microsoft Office Suite, reporting tools, and data analytics platforms

Preferred
  • Professional certifications such as ARM, CRM, CPCU, RIMS-CRMP, or equivalent
  • Experience in distribution, logistics, transportation, manufacturing, construction materials, or related industries
  • Experience leading enterprise-level risk management programs across multiple locations
  • Advanced knowledge of claims analytics, risk technology platforms, and process automation

Compensation and Benefits
Reports To
Vice President of Risk Management
Compensation
The listed pay range reflects the expected base rate for this position. Within the range, individual pay may vary based on experience, qualifications, and work location within state. This is a full-time position with competitive pay and benefits.
  • Base: $140,000 - $160,000 annually
  • Bonus: 30% Target Bonus
  • Total Compensation (Base + Bonus): The successful candidate could reasonably expect a Total Compensation Package in the range of $182,000 - $208,000
  • Equity: This role is eligible for equity opportunities, awards, or grants.

Benefits
At FBM, we're committed to supporting our employees both personally and professionally. We offer a comprehensive and competitive benefits package designed to help you thrive inside and outside of work. Our excellent package includes:
  • Medical, Dental and Vision plans with leading national providers
  • Health Savings Account (HSA) / Flexible Spending Account (FSA)
  • Company Provided Basic Life and Accident Death & Dismemberment (AD&D)
  • Voluntary Life and Accidental Death & Dismemberment (AD&D)
  • Critical illness, Hospital Indemnity, Accident Coverage
  • Legal Insurance Plan
  • Paid Time Off (PTO) & Paid Company Holidays
  • 401(k) plan with generous company match

Statements
Equal Opportunity Employer
Foundation Building Materials is an Equal Opportunity Employer and committed to providing equal employment opportunities to all individuals, including those with disabilities. We value diversity and inclusion and are dedicated to creating a workplace where all employees feel respected and empowered. All employment decisions are based on business needs, job requirements, merit, and individual qualifications, without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability status, genetic information, veteran status, or any other characteristic protected by federal, state, or local law.
In accordance with the Americans with Disabilities Act (ADA) and applicable state and local laws, we provide reasonable accommodations to qualified individuals with disabilities to help them perform the essential functions of their job. If you need assistance or an accommodation during the application process or while employed, please contact Human Resources at Talent@myfbm.com.
Posting Period
This job will be posted for at least 5 days, starting on the initial postdate reflected above.
Salary Range
Min: USD $140,000.00/Yr., Max: USD $160,000.00/Yr.

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