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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 ยท 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 ...

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 will be part of Corporate Procurement - Third Party Risk Management, reporting to Third Party Risk Manager. ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties and ...

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Party Risk Management information

See salary details

$51.5K

$111.6K

$170K

How much do party risk management jobs pay per year?

As of Jun 3, 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 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.

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.

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.

More about Party Risk Management jobs
Infographic showing various Party Risk Management job openings in the United States as of May 2026, with employment types broken down into 86% Full Time, 9% Part Time, 3% Temporary, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $111,556 per year, or $53.6 per hour.
Senior Third Party Risk Management Analyst

Senior Third Party Risk Management Analyst

AgFirst

Columbia, SC โ€ข Hybrid

Full-time

Posted 13 days ago


Job description

Job Description Senior Third Party Risk Management Analyst - (Hybrid, Columbia SC) The Senior Third-Party Risk Management Analyst drives the maintenance and development of Third-Party Risk Management applications and tools. Provides guidance and support to system users (vendors and within the Bank), ensuring adherence to Bank procedures, regulations (state and federal), and internal policies. Responsibilities include administering the TPRM system. Identifying and driving opportunities to mature the TPRM Program. Creating and generating required reports to ensure compliance with processes and policies. Coordinates and communicates initiatives between department and bank staff, and various service vendors. Adheres to all HIPAA requirements and maintains borrower confidentiality. What You'll Do
  • Acts as a point of contact for the TPM application and all system users within the Bank and Third Parties for all TPM queries or questions.
  • Assists users in completing system tasks and activities.
  • Demonstrates well-developed problem-solving skills to research and resolve discrepancies, and, where required, escalates to the third-party support team.
  • Assists the Third Party Management Manager in ensuring that Governance, Risk, and Compliance standards and policies are met.
  • Adheres to all bank procedures, regulations (state and federal), and internal policies.
  • Assists Third Parties and Internal users with processing.
  • Provides guidance and oversees components of the assigned Vendor Management Program services
  • Supports the management of the TPRM Assyst tickets and supports the timely completion of all required issues.
What You'll Need
  • Bachelor's Degree in a related field
  • 5 plus years' experience in vendor management, risk management program, Governance, Risk & Compliance, audit, or the field of cybersecurity.
  • Preferred CVPRM
  • Solid understanding of the regulatory and business environment around third-party risk and procurement systems
  • Demonstrated ability to work in a diverse team environment, adhering to the highest ethical standards
  • Above-average knowledge of vendor contracts and risk constructs
About Us AgFirst Farm Credit Bank provides financing, as well as technology and other value-added services, to association partners so they can lend to rural residents and agricultural operations of all sizes. We take pride in investing in our employees, our partners and our community. Find out more on AgFirst.com, and follow us on LinkedIn!