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Freelance Third Party Risk Management Jobs (NOW HIRING)

Old National Bank

Third Party Risk Lead

Lake Elmo, MN · On-site

$165K/yr

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 ...

Crowe LLP

Third Party Risk Manager

New York, NY · On-site

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

Evolve

Third Party Risk Officer

Memphis, TN · On-site

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:

Crowe LLP

Third Party Risk Manager

Chicago, IL · On-site

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

Crowe LLP

Third Party Risk Manager

New York, NY · On-site

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

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Freelance Third Party Risk Management information

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How much do freelance third party risk management jobs pay per hour?

As of Jul 13, 2026, the average hourly pay for freelance third party risk management in the United States is $47.71, according to ZipRecruiter salary data. Most workers in this role earn between $24.28 and $61.78 per hour, depending on experience, location, and employer.

What is the difference between Freelance Third Party Risk Management vs Freelance Vendor Risk Analyst?

AspectFreelance Third Party Risk ManagementFreelance Vendor Risk Analyst
CredentialsRisk management certifications, industry-specific knowledgeRisk assessment certifications, analytical skills
Work EnvironmentConsulting, remote, client sitesRemote, client offices, data analysis
Industry UsageFinancial, healthcare, tech sectorsFinancial, retail, manufacturing sectors
Search IntentManaging third-party risks, complianceAnalyzing vendor risks, assessments

Freelance Third Party Risk Management focuses on overseeing and mitigating risks associated with third-party vendors and partners, ensuring compliance and security. Freelance Vendor Risk Analyst specializes in evaluating individual vendors' risks through data analysis. While both roles involve risk assessment, the former has a broader scope of managing third-party relationships, whereas the latter concentrates on detailed vendor evaluations.

How much does a third party risk analyst make?

A third party risk analyst typically earns between $60,000 and $100,000 annually, depending on experience, industry, and location. Entry-level positions may start lower, while experienced analysts with certifications like CRISC or CISSP can earn higher salaries, especially in regulated sectors or large organizations.

What does a third party risk manager do?

A third party risk manager assesses and monitors risks associated with external vendors, suppliers, and partners to ensure compliance and mitigate potential threats to an organization. They develop risk management strategies, conduct due diligence, and use tools like risk assessment frameworks to protect company assets and operations.

What are the key skills and qualifications needed to thrive as a Freelance Third Party Risk Management specialist, and why are they important?

To thrive as a Freelance Third Party Risk Management specialist, you need expertise in risk assessment, regulatory compliance, and vendor due diligence, often supported by a degree in business, cybersecurity, or a related field. Familiarity with tools like risk management software (e.g., RSA Archer, MetricStream), and certifications such as CTPRP or CISA are typically required. Strong analytical thinking, communication, and negotiation skills help in building trust and effectively managing stakeholder relationships. These competencies are crucial for identifying, mitigating, and communicating third-party risks to protect organizational interests and ensure regulatory compliance.

What is a freelance third party risk management professional?

A freelance third party risk management professional is an independent consultant who helps organizations identify, assess, and mitigate risks associated with engaging external vendors or service providers. They evaluate third-party relationships for compliance, security, and operational risks, often developing risk assessment frameworks and recommending best practices. Freelancers in this field work on a contract basis, providing flexibility and specialized expertise to companies that may not have in-house risk management resources.

What is the highest paying risk management job?

In risk management, executive roles such as Chief Risk Officer (CRO) typically have the highest salaries, often exceeding six figures annually. These positions require extensive experience, strategic oversight, and often certifications like FRM or CRM, with compensation influenced by industry, company size, and location.

What are some typical challenges freelance third party risk management professionals face when working with multiple clients simultaneously?

Freelance third party risk management professionals often juggle multiple client expectations, each with unique risk assessment frameworks and compliance requirements. Navigating differing organizational cultures and security standards can be challenging, especially when aligning deliverables and timelines. Effective communication and strong project management skills are essential to streamline processes, avoid duplication of effort, and ensure all clients receive thorough, timely risk assessments. Building adaptable templates and staying updated on evolving regulations can help freelancers efficiently manage these complexities.

What skills do you need for third party risk management?

Third party risk management professionals need strong analytical skills to assess vendor risks, excellent communication abilities to coordinate with stakeholders, and knowledge of compliance standards and risk assessment tools. Familiarity with contract management, cybersecurity principles, and industry regulations is also important for effective risk mitigation.
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Freelance Third Party Risk Management jobs near you
Infographic showing various Freelance Third Party Risk Management job openings in the United States as of July 2026, with employment types broken down into 12% Locum Tenens, 12% Full Time, 22% Part Time, 11% Contract, 40% Nights, and 3% Summer. Highlights an 83% Physical, 1% Hybrid, and 16% Remote job distribution, with an average salary of $99,230 per year, or $47.7 per hour.
Senior Third-Party Risk Management Analyst

Senior Third-Party Risk Management Analyst

OceanFirst Bank

Red Bank, NJ • On-site

Full-time

Re-posted yesterday

Job description

At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.
Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
ABOUT YOUR ROLE
The primary responsibility of this position is to support the assessment and oversight of Third-Party Risk, as a component of Operational Risk, and to enhance the Bank's risk management program. This includes analysis of processes to identify key risks and controls associated with third-party relationships as well as aggregate operational risk and third-party risk data to ensure compliance with the Bank's Risk Appetite. This position is also responsible for collaborating with all three lines of defense to increase consistency across the Bank and to identify opportunities to mitigate operational risk and third-party risk. It includes evaluating the Bank's vendors and monitoring vendor performance to ensure compliance with regulatory standards and assisting with vendor related Risk Control Self-Assessments (RCSAs), incidents, and issues.
WHAT YOU WILL DO LIST
Manage the ongoing third-party risk assessment process by monitoring vendor performance, re-evaluating vendors, and ensuring compliance with operational standards.
Coordinate with internal lines of business to drive remediation efforts with vendors ensuring timely closure of identified gaps and alignment with regulatory requirements.
Develop and track quantitative measures to improve monitoring of existing third-party risk to stated tolerance and to identify emerging third-party risk trends.
Prepare monthly and quarterly third-party risk reports highlighting trends and recommended mitigation strategies for Business Units, Management, and the Board.
Provide training for the line of business on the vendor management tool to conduct the risk assessments.
Collaborate with vendor management tool partner to ensure timely and efficient completion of vendor risk assessments.
Perform review of the Third-Party Risk Management Policy and propose updates to comport with industry practices and regulatory expectations.
Deliver guidance and training on third-party risk management policies and procedures.
Assist with documentation of bank-wide processes and execution of Risk Control Self-Assessment (RCSA) to assess inherent and residual risks of in-scope front-to-back processes at the aggregated bank and branch levels.
Track and categorize vendor related operational risk incidents and losses. Conduct deep dives on significant vendor caused incidents to assure root causes have been identified and mitigation applied at bank-wide level where appropriate. Provide guidance and prepare reports to track remediation activities.
Monitor and test operational risk controls to verify effectiveness of design and execution.
WHAT WE EXPECT OF YOU
Knowledge of third-party risk management best practices and frameworks including vendor evaluation, vendor monitoring, vendor documentation and reporting.
Knowledge of operational risk best practices including conducting risk control self-assessments, incident management, and issues management.
Demonstrated ability to critically evaluate risk, consider relevant business factors, and make well-supported recommendations.
Proven ability to interact effectively across the Bank with stakeholders at all levels with the added skill to challenge the status quo thereby becoming a change agent.
Strong analytical thinking, attention to detail, and problem-solving skills.
Knowledge of vendor risk management solutions and usage.
Knowledge of federal and state banking laws, and third-party interagency regulations and guidance.
Understanding of Artificial Intelligence (AI) and Machine Learning (ML) capabilities.
Proficiency in Microsoft Office.
Excellent verbal and written communication skills.
Demonstrated ability to work independently with limited direct supervision.
YOUR QUALIFICATIONS
Bachelors degree in Supply Chain Management, Risk Management, Finance, Business or a related equivalent field is required.
Minimum 5 years of experience in banking or financial services with direct experience in third-party and operational risk management, with data analysis.
INTERNAL AND EXTERNAL CONTACTS
Internal contact with all levels of bank personnel and senior management
External contact with Auditors and Regulators
WORKING CONDITIONS/PHYSICAL REQUIREMENTS
Office environment. Ability to operate a computer. Ability to communicate in order to exchange simple to complex information with individuals and groups. Ability to travel throughout Bank footprint.

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