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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 ...

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

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 ...

DRC Systems

Third-Party Risk Analyst

Mclean, VA · On-site

$45 - $47/hr

Third-Party Risk Analyst Location: McLean, VA (5 days - Onsite) Job Overview The Third-Party Risk ... Project manage the data management platform supporting EOCTP and VIM. * Launch and review risk ...

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Party Risk Management information

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$51.5K

$111.6K

$170K

How much do party risk management jobs pay per year?

As of Jul 14, 2026, the average yearly pay for party risk management in the United States is $111,556.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,000.00 and $129,000.00 per year, depending on experience, location, and employer.

What is Party Risk Management?

Party Risk Management refers to the processes and practices used to identify, assess, and mitigate risks associated with third parties, such as vendors, partners, or customers, in business transactions. This role involves evaluating the financial stability, compliance, reputation, and operational risks that external parties may pose to an organization. Effective party risk management helps companies minimize potential losses, ensure regulatory compliance, and maintain business continuity. Professionals in this field use risk assessment tools, perform due diligence, and monitor ongoing relationships to safeguard the organization's interests.

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, location, and industry. The role often requires skills in risk assessment, compliance, and familiarity with risk management tools.

How much does a risk manager get paid?

Risk managers typically earn a median annual salary of around $100,000, with salaries ranging from approximately $70,000 to over $150,000 depending on experience, industry, and location. They often hold certifications such as CRM or FRM and work in various sectors including finance, insurance, and corporate risk management.

What is the difference between Party Risk Management vs Party Risk Analyst?

AspectParty Risk ManagementParty Risk Analyst
CertificationsCertifications in risk management, compliance, or related fieldsCertifications in risk analysis, compliance, or related areas
Work EnvironmentCorporate risk departments, financial institutions, or consulting firmsFinancial institutions, consulting firms, or corporate risk teams
Employer & IndustryFinancial services, banking, or corporate sectorsFinancial services, banking, or corporate sectors

Party Risk Management professionals focus on developing and implementing strategies to mitigate risks associated with parties involved in transactions. Party Risk Analysts typically conduct detailed assessments and analyze data to identify potential risks. While both roles require risk-related certifications and work within similar industries, Party Risk Management has a broader strategic scope, whereas Party Risk Analysts focus on detailed risk analysis and reporting.

What are the key skills and qualifications needed to thrive in Party Risk Management, and why are they important?

To excel in Party Risk Management, you need strong analytical skills, attention to detail, and a solid understanding of risk assessment principles, often supported by a degree in finance, business, or a related field. Familiarity with risk management software, data analysis tools, and regulatory compliance systems is typically required, along with certifications such as FRM or PRM. Excellent communication, problem-solving abilities, and stakeholder management are crucial soft skills for building trust and navigating complex relationships. These competencies are vital to effectively identify, assess, and mitigate risks associated with third parties, ensuring organizational resilience and compliance.

What are the most common challenges faced by professionals in Party Risk Management, and how can they effectively address them?

Professionals in Party Risk Management often encounter challenges such as managing incomplete or inconsistent data from third parties, staying updated with changing regulations, and ensuring effective communication across departments. To address these, it's important to implement robust data validation processes, maintain regular training on compliance updates, and foster strong collaboration with legal, compliance, and procurement teams. Utilizing advanced risk assessment tools and maintaining open channels for feedback can also help mitigate these challenges and ensure thorough due diligence.

Is TPRm a good career?

Party Risk Management (TPRm) is a specialized field focused on identifying and mitigating risks associated with events and parties. It often requires skills in risk assessment, negotiation, and knowledge of safety protocols, with opportunities in event planning, corporate security, and insurance industries. The career can be stable and rewarding for those with strong organizational and analytical abilities.

What is the highest paying risk management job?

In risk management, chief risk officers (CROs) typically earn the highest salaries, especially in large corporations or financial institutions. These roles require extensive experience, advanced certifications like FRM or CRM, and strong leadership skills, with salaries often exceeding six figures annually.
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Party Risk Management jobs near you
Infographic showing various Party Risk Management job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, 1% Temporary, and 2% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $111,556 per year, or $53.6 per hour.

Third Party Risk Management Analyst II

NC SECU

Raleigh, NC • Hybrid

Full-time

Re-posted 23 days ago

Job description

If you are motivated and believe in the credit union philosophy of "People Helping People," join our team!

Position Overview:

The Third-Party Risk Management (TPRM) program provides strategic direction for TPRM governance & oversight, due diligence lifecycle execution, monitoring & reporting, and program management across SECU, in support of the Operational Risk Management framework. The program objective is to support business efforts to engage Third Parties to provide services to the membership.

The Third-Party Risk Management Analyst II helps ensure compliance with SECU's Third-Party Risk Management Program. This includes assisting with due diligence lifecycle execution, monitoring & reporting, and program management on request.

Essential Responsibilities:

  • 60% - Due Diligence Lifecycle Execution. Work closely with assigned business lines to execute third-party risk management lifecycle activities in coordination with key internal stakeholders. Ensure timely analysis of due diligence documentation in consultation with third-party relationship owners, subject matter experts, and external partners. Ensure SECU due diligence requirements and documentation requests are effectively communicated to third parties. Ensure the adequacy of contingency plans for critical third parties, which outline strategies for transitioning away from a critical third-party, if needed.
  • 10% - Monitoring & Reporting. Ensure ongoing monitoring requirements of existing third parties are sufficient to manage risks identified in the planning and due diligence phases. Support management reporting regarding performance issues, identifiable risk, exceptions, and risk mitigation plans
  • 10% - Program Management. Support maintenance of third-party relationship inventory, files, program software, due diligence artifacts, and related documentation. Work with key internal stakeholders (e.g., Project Management, Privacy, Procurement, Compliance, Accounting, Legal Services, IT GRC, etc.) to review the third-party risk management lifecycle and implement changes where needed. Support communications with internal and external auditors during third-party risk management audits and examinations.
  • 15% - TPRM Subject Matter Expertise. Develop and maintain a working knowledge of regulatory requirements and guidance along with industry best practices related to third-party risk management.
  • 5% - TPRM Framework Management Support. Support the development, implementation, refinement and sustainability of SECU's third-party risk management governance framework.

Required Education & Experience (Knowledge, Skills, & Abilities):

  • Associates degree via the North Carolina College Transfer Program (NC-CTP)
  • Third-Party regulatory exposure including NCUA, FFIEC, CFPB, OCC, & FDIC
  • 2 direct years of TPRM program experience
  • Operational Risk Management program execution experience working across organization levels.

Preferred Education & Experience (Knowledge, Skills, & Abilities):

  • Four-year degree
  • CCUE Certification
  • 5+ years direct years of TPRM program experience
  • Demonstrated ability to work independently
  • Credit Union risk management experience

Job Environment & Physical Requirements:

  • The position has a Hybrid schedule with at least 2 days / week in the Salisbury Street or Creedmoor Road offices

SECU provides equal employment opportunity to all qualified persons regardless of race, color, religion, age, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or other classification protected by law.

Disclaimer

State Employees' Credit Union reserves the right to fill this role at a higher/lower level based on business need.

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