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Freelance Third Party Risk Management Jobs (NOW HIRING)

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.

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 ...

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Freelance Third Party Risk Management information

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$132

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

As of Jun 21, 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.

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 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.
More about Freelance Third Party Risk Management jobs
What cities are hiring for Freelance Third Party Risk Management jobs? Cities with the most Freelance Third Party Risk Management job openings:
What are the most commonly searched types of Third Party Risk Management jobs? The most popular types of Third Party Risk Management jobs are:
What states have the most Freelance Third Party Risk Management jobs? States with the most job openings for Freelance Third Party Risk Management jobs include:
What job categories do people searching Freelance Third Party Risk Management jobs look for? The top searched job categories for Freelance Third Party Risk Management jobs are:
Infographic showing various Freelance Third Party Risk Management job openings in the United States as of June 2026, with employment types broken down into 90% Full Time, 5% Part Time, and 5% Nights. Highlights an 70% In-person, 10% Hybrid, and 20% Remote job distribution, with an average salary of $99,230 per year, or $47.7 per hour.
Third Party Risk Management Analyst

Third Party Risk Management Analyst

Burke & Herbert Bank & Trust

Alexandria, VA • On-site

Full-time

Posted 10 days ago

Be an early applicant


Burke & Herbert Bank rating

5.6

Company rating: 5.6 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

132nd of 141 rated banks


Job description

CLASSIFICATION: Non-exempt

REPORTS TO: Program Manager, Third Party Risk Management

JOB DESCRIPTION

Summary/Objective


Under the direction of the Program Manager, Third Party Risk Management, the Third‑Party Vendor Risk Analyst supports the execution of the Bank’s Third‑Party Risk Management (TPRM) Program by performing day‑to‑day operational, analytical, and facilitation activities. In partnership with the Program Manager, the Analyst helps strengthen and sustain effective vendor review cadence by coordinating stakeholder inputs, producing complete and traceable documentation, and preparing exam‑ready artifacts. This role ensures vendor risk activities—including due diligence, ongoing monitoring, documentation, and issue tracking—are executed in a timely, consistent, and examination‑defensible manner.


Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


  • Execute day‑to‑day third‑party risk management activities for new and existing vendors in accordance with the Bank’s TPRM Program, with heightened focus on critical and GLBA‑High risk relationships. Support initial due diligence and ongoing risk assessments by collecting, validating, and documenting required artifacts and supporting materials for higher‑risk vendors to facilitate effective review, challenge, and approval by the Program Manager.


  • Maintain and manage the rolling vendor review schedule established by the Program Manager, ensuring critical and high‑risk third‑party relationships are prioritized and reviewed in accordance with established cadence and monitoring requirements. Coordinate with internal stakeholders, including Information Security, IT, Compliance, Finance, and Accounting, to obtain required risk assessment inputs and documentation necessary to support vendor reviews, providing enhanced facilitation for critical and GLBA‑High risk vendors.


  • Track vendors review progress, outstanding action items, and remediation activities, maintaining visibility into reviews, documentation gaps, and issue resolution. Proactively escalate aging, overdue, or at‑risk items to the Program Manager to support timely awareness, decision‑making, and risk mitigation.


  • Prepare, maintain, and organize comprehensive vendor review documentation, including executive summaries, evidence inventories, and issue tracking materials, with enhanced rigor applied to files associated with critical and GLBA‑High risk vendors. Ensure that vendor risk conclusions and assigned risk ratings are clearly, consistently, and defensibly supported by documented evidence prior to Program Manager review and sign‑off.


  • Assist in documenting risk acceptance decisions and remediation status under the direction of the Program Manager, ensuring alignment with TPRM program standards, internal governance expectations, and applicable regulatory requirements.


  • Identify procedural gaps, workflow inefficiencies, and documentation issues encountered during third‑party risk management execution, particularly those impacting oversight of critical and GLBA‑High risk vendors. Escalate observations and improvement opportunities to the Program Manager for program‑level evaluation and continuous improvement.


  • Support ad hoc projects, process enhancements, and targeted initiatives led by the Program Manager to strengthen third‑party risk governance, operational effectiveness, and overall program maturity.


Other Duties

  • Contract and Procurement Support

Support the Program Manager by tracking vendor‑related review milestones (including onboarding, renewals, and amendments). Ensure required vendor review documentation is complete, accurate, and available to support informed contractual decisions prior to execution.


  • Governance, Metrics, and Reporting Support

Compile and maintain program metrics, status reports, and supporting materials used to measure and monitor Third‑Party Risk Management (TPRM) program performance. Assist, as directed by the Program Manager, in preparing materials for internal governance forums, audits, and regulatory examinations.


  • Audit and Examination Readiness

Support internal and external audits and regulatory examinations by organizing vendor files, maintaining evidence mappings, and assembling response documentation under Program Manager guidance. Maintain vendor records in an exam‑ready state to support Program Manager interactions with auditors, regulators, and risk committees.

Skills/Abilities

  • Working knowledge of third-party risk management practices and regulatory expectations within a regulated financial services environment.
  • Strong analytical skills with the ability to assess risk data, identify trends, and support informed decision-making.
  • Excellent organizational and documentation skills with high attention to detail.
  • Ability to collaborate effectively with cross‑functional stakeholders while operating under Program Manager direction.
  • Strong written and verbal communication skills to support clear documentation, issue analysis, and timely escalation.
  • Proficiency with Microsoft Office (Excel, Word, PowerPoint) and risk management or workflow tracking tools.

Supervisory Responsibility

This position does not have supervisory responsibilities.


Work Environment

This job operates in an office setting, the opportunity to telework is not available. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.


Physical Demands

This position requires manual dexterity, the ability to lift files and open cabinets. This position requires bending, stooping, or standing, as necessary.


Travel

Limited local travel may be required for this position.

Education and Experience

Education

  • Requires a bachelor’s degree in business, Finance, Risk Management, Information Systems, Compliance, or a related field or equivalent professional experience supporting risk management functions in a regulated environment.

Experience

  • Requires a minimum of 1 year of experience supporting third‑party vendor management, operational risk, compliance, information security, or a related risk discipline within a regulated industry.
  • Requires hands‑on experience supporting vendor due diligence, ongoing monitoring, documentation, and issue tracking activities.
  • Experience coordinating with cross‑functional stakeholders (e.g., Information Security, IT, Compliance, Finance) to collect and organize risk assessment inputs.
  • Experience producing or maintaining clear, well‑organized, and evidence‑based documentation to support management review, audit, or regulatory examination.



Equal Employment Opportunity/M/F/disability/protected veteran status.



Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.