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Director Third Party Risk Management Jobs (NOW HIRING)

Responsibilities The Third-Party Risk Management (TPRM) Lead is responsible for executing third ... by the Director of Talent Acquisition, SVP, to fill a specific position. Our culture is firmly ...

Direct security, privacy, and resilience assessments using methodologies such as SIG/Shared ... years focused on third-party/vendor risk management. * 2+ years of direct people leadership ...

Leading Third Party Risk Management engagements, including third-party assessments, ongoing monitoring activities, and risk evaluation efforts * Managing and overseeing assessment teams, project ...

This role partners with business units, risk management, compliance, legal, and other functions to ensure a consistent and effective third party risk framework. Main Job Tasks and Responsibilities:

Leading Third Party Risk Management engagements, including third-party assessments, ongoing monitoring activities, and risk evaluation efforts * Managing and overseeing assessment teams, project ...

Leading Third Party Risk Management engagements, including third-party assessments, ongoing monitoring activities, and risk evaluation efforts * Managing and overseeing assessment teams, project ...

Leading Third Party Risk Management engagements, including third-party assessments, ongoing monitoring activities, and risk evaluation efforts * Managing and overseeing assessment teams, project ...

Third-Party Risk Analyst

Mclean, VA · On-site

$45 - $47/hr

Key Responsibilities Risk & Program Management * Partner with the Governance Advisor to execute EOCTP and VIM programs. * Ensure divisions comply with internal guidance for managing third-party risk.

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Director Third Party Risk Management information

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$54K

$143.2K

$260K

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

As of Jul 13, 2026, the average yearly pay for director third party risk management in the United States is $143,185.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,500.00 and $167,500.00 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.
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Third Party Risk Lead

Third Party Risk Lead

Old National Bank

Lake Elmo, MN • On-site

$165K/yr

Full-time

Medical, Dental, Vision, Retirement

Posted 20 days ago


Old National Bank rating

8.1

Company rating: 8.1 out of 10

Based on 37 frontline employees who took The Breakroom Quiz

51st of 149 rated banks


Job description

Overview
Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.
We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.
Responsibilities
The Third-Party Risk Management (TPRM) Lead is responsible for executing third-party risk management activities across a portfolio of vendors, with primary focus on Critical, Very High, and High risk third-party relationships, in support of the Bank's Third-Party Risk Management policies, standards, and program. This role serves as a subject-matter expert and escalation point within the TPRM team, ensuring complex risk assessments, issues, and remediation activities are executed in alignment with regulatory expectations and Bank
standards
Salary Range
The salary range for this position is $81,700/yr - $165,100/yr plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.
Key Accountabilities
Third Party Risk Management
  • Provide guidance and support to business segments on third-party risk management expectations, requirements, and best practices throughout the third-party lifecycle.
  • Actively support implementation and ongoing execution of the Third-Party Risk Management (TPRM) Program across the third-party relationship portfolio.
  • Conduct formal third-party reviews in accordance with TPRM policies, standards, and procedures.
  • Identify, document, track, and report third-party risks and issues through remediation, exception or formal risk acceptance.
  • Monitor adherence to corporate standards and expectations throughout the third-party review process.
  • Escalate concerns when risks, issues, or remediation efforts are insufficient or delayed.
  • Work cross-functionally with all lines of business to support a collaborative and effective third-party review process.
  • Support management of the centralized third-party risk management platform, ensuring accurate, timely, and complete documentation.
  • Maintain third-party records, assessment results, issues, and supporting documentation within the system of record.
  • Assist with preparation of management reporting, metrics, and dashboards related to third-party risk.
  • Support the review of third-party agreements by providing standard contract requirements informed by third-party risk assessments.
  • Assist with internal and external audits, regulatory exams, and independent reviews related to third-party risk management activities.
  • Mentor and provide knowledge-sharing support to other third-party risk management team members.

Other
  • Execute special projects and additional assignments as requested to support Third-Party Risk Management and Enterprise Risk Management objectives.
  • Contribute to the ongoing development, implementation, and maturation of third-party risk management processes, training materials, and support resources.
  • Develop and maintain effective working relationships with stakeholders across the Bank to promote collaboration and consistent application of third-party risk management expectations.

Key Competencies for Position
People Leadership:
  • Coach & Empower Others: Provides timely feedback, support, and guidance to encourage and support associates to accomplish tasks, solve problems, and enhance their professional development.
  • Gaining Agreement: Uses appropriate interpersonal styles and techniques to gain acceptance of ideas or plans; modifies one's own behavior to accommodate tasks, situations and individual's involved.

Culture Leadership:
  • Communication/Climate Setting: Shares information, maintaining emotional intelligence, tailoring the delivery to the audience, selecting appropriate delivery methods.
  • Culture & Values Leadership: Demonstrates Old National's culture in daily interactions and encourages associates to live by our culture and core values.

Execution Leadership:
  • Drive and Execution- Committed to achieving established goals, overcoming obstacles, and continuously learning to improve performance.
  • Establish Plans & Priorities: Ability to determine a course of action and establish a timeframe to complete individual objectives and team goals.
  • Performance/Monitoring/Measurement: Focuses on personal and team performance to achieve goals and line of business objectives.
  • Accountability: Accepts full responsibility for self and contribution as a team member; follows through on commitments; implements decisions that have been agreed upon; acknowledges and learns from mistakes without blaming others; recognizes the impact of his/her behavior on others.

Qualifications and Education Requirements
  • Bachelor's degree in business, project management, accounting, or related field.
  • 6+ years of experience in third-party risk management, operational risk, audit, or related risk disciplines.
  • Demonstrated ability to drive the End-to-End third-party lifecycle. This includes intake/onboarding, due diligence, ongoing monitoring, issue management/remediation and exit planning
  • Preferred certifications: CTPRP, CPA, CIA, CISA
  • Foundational understanding of risk management concepts, including exposure to policies, standards, and procedures.
  • General knowledge of banking operations and technology processes; prior experience in a regulated environment preferred.
  • Familiarity with key third-party risk and regulatory requirements (e.g., GLBA, SOX, PCI, HIPAA) and related compliance expectations.
  • Basic understanding of information security, cybersecurity concepts, and technology risks impacting third-party relationships.
  • Strong attention to detail with the ability to analyze information, identify issues, and document risks clearly.
  • Ability to manage multiple tasks and priorities in a fast-paced environment while meeting timelines.
  • Effective written and verbal communication skills, including the ability to prepare documentation and support risk reporting.
  • Demonstrated ability to work collaboratively and build productive working relationships across teams.
  • Proficiency in Microsoft Office applications, including Word, Excel, PowerPoint, and Visio.

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.
As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.
We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.
Our culture is firmly rooted in our core values.
We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.
We are Old National Bank. Join our team!

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