ThirdParty IT Risk Manager is responsible for leading and modernizing Wolters Kluwer's global ... Continuously assess emerging tools, data sources, and assurance models to improve risk coverage ...
ThirdParty IT Risk Manager is responsible for leading and modernizing Wolters Kluwer's global ... Continuously assess emerging tools, data sources, and assurance models to improve risk coverage ...
ThirdParty IT Risk Manager is responsible for leading and modernizing Wolters Kluwer's global ... Continuously assess emerging tools, data sources, and assurance models to improve risk coverage ...
ThirdParty IT Risk Manager is responsible for leading and modernizing Wolters Kluwer's global ... Continuously assess emerging tools, data sources, and assurance models to improve risk coverage ...
ThirdParty IT Risk Manager is responsible for leading and modernizing Wolters Kluwer's global ... Continuously assess emerging tools, data sources, and assurance models to improve risk coverage ...
ThirdParty IT Risk Manager is responsible for leading and modernizing Wolters Kluwer's global ... Continuously assess emerging tools, data sources, and assurance models to improve risk coverage ...
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Model Risk Manager information
See Dripping Springs, TX salary details
$54.7K - $66.1K
4% of jobs
$66.1K - $77.5K
6% of jobs
$77.5K - $89K
11% of jobs
$93.2K is the 25th percentile. Wages below this are outliers.
$89K - $100.4K
11% of jobs
The median wage is $109.5K / yr.
$100.4K - $111.8K
23% of jobs
$111.8K - $123.3K
13% of jobs
$130.8K is the 75th percentile. Wages above this are outliers.
$123.3K - $134.7K
12% of jobs
$134.7K - $146.1K
8% of jobs
$146.1K - $157.6K
6% of jobs
$157.6K - $169K
4% of jobs
$169K - $180.4K
2% of jobs
$54.7K
$118.4K
$180.4K
How much do model risk manager jobs pay per year?
What does a model risk manager do?
What skills and qualifications are needed to be a model risk manager?
What are common challenges a model risk manager faces when validating complex financial models?
What is the difference between Model Risk Manager vs Quantitative Analyst?
| Aspect | Model Risk Manager | Quantitative Analyst |
|---|---|---|
| Required Credentials | Advanced degrees in finance, statistics, or mathematics; certifications like FRM or CFA | Degree in finance, economics, mathematics, or related fields; often CFA or CQF |
| Work Environment | Focus on risk management teams within financial institutions; regulatory compliance | Analytical roles within trading, investment, or banking divisions; model development |
| Employer & Industry Usage | Financial institutions, banks, asset managers | Investment firms, hedge funds, banks, financial services |
The Model Risk Manager primarily oversees and mitigates risks associated with financial models, ensuring compliance and accuracy. In contrast, Quantitative Analysts develop and implement models to support trading, investment, or risk strategies. While both roles require strong quantitative skills and similar credentials, their focus areas differ—risk management versus model development and analysis.
What job categories do people searching Model Risk Manager jobs in Dripping Springs, TX look for?
The top searched job categories for Model Risk Manager jobs in Dripping Springs, TX are:
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Cities near Dripping Springs, TX with the most Model Risk Manager job openings:

Full-time
Medical, Dental, Vision, Retirement, PTO
Posted 29 days ago
Wolters Kluwer rating
9.1
Based on 29 frontline employees who took The Breakroom Quiz
26th of 247 rated software companies
Job description
ThirdParty IT Risk Manager is responsible for leading and modernizing Wolters Kluwer's global thirdparty cyber risk management capability across a highly distributed, marketdriven technology and supplier landscape. This role ensures third-party engagements align with the organization's risk appetite, security standards, and regulatory expectations and lead the execution of a scalable, intelligenceled TPRM program that delivers meaningful and defensible assurance over thirdparty cyber risk-moving beyond traditional, questionnairecentric models.
The role partners closely with Global Supply Chain, Procurement, Legal, and Privacy teams to reduce fragmentation across markets by translating diverse, marketspecific approaches into standardized enterprise agreements, security configurations, and control expectations. A core focus of this position is innovation: designing and implementing differentiated thirdparty assurance approaches that leverage automation, technical validation, and continuous monitoring to provide realtime insight into supplier risk rather than relying solely on static assessments.
Responsibilities:
Program Leadership & Modernization
Lead and evolve Wolters Kluwer's global Third Party Risk Management (TPRM) program and operating model, ensuring it is scalable, risk based, and aligned with enterprise cyber risk governance.
Modernize TPITRM by shifting from a primarily questionnaire driven approach to a data driven program that incorporates technical validation, continuous monitoring, AI, and risk quantification.
Lead, whether functionally or formally - junior team members as a manager level leader across the TPRM function to drive successful outcomes across the entire TPRM unit.
Continuous Monitoring, Automation & Innovation
Implement continuous monitoring capabilities to deliver near real time visibility into third party cyber posture, control performance, and emerging risk indicators.
Design and deploy innovative approaches-including automation and AI assisted techniques-for evidence collection, risk scoring, and exception management.
Continuously assess emerging tools, data sources, and assurance models to improve risk coverage, reduce assessment friction, and enhance signal quality beyond traditional questionnaires.
Contract Review:
Strong skills in the development, review, and analysis of third party contracts to ensure Company requirements, principles, and assets are sufficiently protected in accordance with internal expectations.
Strong business acumen and ability to identify technical and functional requirements that do not align or meet Company needs, suggest enhancements, and have them accepted and implemented by the supplier.
Governance, Reporting & Escalation
Maintain a centralized, enterprise wide inventory of third party relationships, risk tiers, and risk treatment decisions.
Provide clear, concise reporting on third party cyber risk posture, trends, and concentration risk to senior leadership.
Leadership & Collaboration
Build, lead, and develop a high performing team of third party risk professionals and technical reviewers.
Foster a culture of accountability, innovation, and constructive challenge consistent with Wolters Kluwer values and operating principles.
Job Qualifications
Bachelors degree in computer science, information security, management information systems or similar.
12+ years of experience in cybersecurity, technology risk, or information security, including significant ownership of third party or supplier cyber risk management in large, complex enterprises.
5+ years of leadership (direct managerial experience or functional delivery leading teams).
Proven experience designing and leading a global TPRM program across the full third party risk lifecycle.
Demonstrated success modernizing TPRM by implementing risk based approaches that integrate technical validation, automation, and continuous monitoring.
Demonstrated success owning decisions and outcomes at a senior level independently without formal authority.
Strong technical fluency across cloud platforms, APIs, identity, data flows, and integration architectures, with the ability to partner credibly with security architects and technical SMEs.
Experience overseeing advanced technical assessments for high risk or critical third parties, such as architecture reviews, vulnerability assessments, penetration testing, and threat modeling.
Ability to operate effectively in highly distributed, market driven environments.
Demonstrated leadership experience, including building high performing teams and influencing senior stakeholders across Technology, Procurement, Legal, Privacy, and Enterprise Risk Management.
Strong executive communication skills, with experience reporting third party cyber risk posture and trends to senior leadership.
Preferred qualification
Familiarity with systemic, concentration, and fourthparty risk.
Working knowledge of NIST CSF, ISO 27001, GDPR, and CCPA.
Relevant certifications (e.g., CISSP, CISM, CTPRP, CRISC, CISA)
#LI-Hybrid
To maintain a fair and genuine hiring process, we kindly ask that all candidates participate in interviews without the assistance of AI tools or external prompts. Our interview process is designed to assess your individual skills, experiences, and communication style. We value authenticity and want to ensure we're getting to know you-not a digital assistant. To help maintain this integrity, we ask to remove virtual backgrounds and include in-person interviews in our hiring process. Please note that use of AI-generated responses or third-party support during interviews will be grounds for disqualification from the recruitment process.
Applicants may be required to appear onsite at a Wolters Kluwer office as part of the recruitment process.
Compensation:
$118,300.00 - $207,400.00 USDThis role is eligible for Bonus.Compensation range listed is based on primary location of the position. Actual base salary offer is influenced by a wide array of factors including but not limited to skills, experience and actual hiring location. Your recruiter can share more information about the specific offer for the job location during the hiring process.
Additional Information:Wolters Kluwer offers a wide variety of competitive benefits and programs to help meet your needs and balance your work and personal life, including but not limited to: Medical, Dental, & Vision Plans, 401(k), FSA/HSA, Commuter Benefits, Tuition Assistance Plan, Vacation and Sick Time, and Paid Parental Leave. Full details of our benefits are available upon request.
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About Wolters Kluwer
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Wolters Kluwer Global Business Services is designed to provide services to the business units in the areas of technology, sourcing, procurement, legal, finance, and accounting which includes our North American-Accounting Center. These global centers promote team collaboration using best practices around a specific focus area to drive results and enhance operational efficiencies. There is a constant endeavor to benchmark against best-in-class industry standards to improve the quality of deliverables, increase cost savings, enhance productivity, and reduce time to market for products and applications
Industry
Accounting services, library and information services and it services
Company size
10,000+ Employees
Headquarters location
Philadelphia, PA, US