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Party Risk Management Jobs (NOW HIRING)

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 ...

Vangard, Inc.

Third Party Risk Analyst

Malvern, PA

Third Party Risk Analyst About the role As a Third-Party Risk Analyst on Vanguard's Third-Party Risk Management (TPRM) Assessment Management team, you'll play an important role in helping Vanguard ...

Asurion

Own strategy, design, and continuous improvement of the Third-Party/Vendor Risk Management (TPRM) program aligned to NIST CSF 2.0, ISO 27001, SOC 2, PCI DSS, and regulatory obligations. * Define and ...

MW Partner

Third Party Risk Management Analyst

Lehi, UT · On-site

Own and manage various actions and task queues that will result from risk management and mitigation activities * Perform quality control & audit checks over TPRM program and third party or business ...

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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 Aug 23, 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.

What are the key skills and qualifications needed to thrive in party risk management?

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 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

What job categories do people searching Party Risk Management jobs look for?

The top searched job categories for Party Risk Management jobs are:

Party Risk Management jobs near you
Infographic showing various Party Risk Management job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $111,556 per year, or $53.6 per hour.

Third-Party Risk Analyst

DRC Systems

Mclean, VA • On-site

$45 - $47/hr

Contractor

Re-posted 21 days ago

Job description

Title: Third-Party Risk Analyst
Location: McLean, VA (5 days - Onsite)
 
Job Overview
The Third-Party Risk Analyst will support Enterprise Operationally Critical Third Parties (EOCTP) and Enterprise Vulnerability Incident Management (VIM) programs. This role partners closely with Governance Advisors and enterprise stakeholders to drive risk oversight, data analysis, reporting, and program execution within a financial services environment.
 
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.
  • Support crisis response activities involving third parties.
  • Project manage the data management platform supporting EOCTP and VIM.
  • Launch and review risk assessments across operational, financial, legal/compliance, reputational, and lifecycle domains.
  • Analyze program requirements and propose solutions, risks, and impact assessments.
Data Analysis & Reporting
  • Aggregate and analyze enterprise data for periodic and ad hoc reporting.
  • Independently extract and interpret KRIs and KPIs.
  • Develop monthly and quarterly third-party metrics dashboards.
  • Maintain the Vulnerability Incident Management tracker.
  • Synthesize complex data into clear, executive-ready insights.
  • Document and track vulnerability incidents and control evidence.
Stakeholder & Project Coordination
  • Establish and maintain strong relationships with enterprise stakeholders.
  • Facilitate meetings, forums, and follow-ups to drive project goals.
  • Support leadership using OneTrust workflows and processes.
  • Monitor and document third-party risk and cybersecurity trends.
Documentation & Communications
  • Create professional communications including:
    • Procedures and guidance
    • Job aids
    • PowerPoint presentations
    • Questionnaire templates
    • Dashboards and reports
  • Produce incident summaries and executive-level write-ups.
Required Qualifications
  • Bachelor’s degree in Risk Management, Business Administration, Finance, Data Analytics, Project Management, Information Security, or related field.
  • 5+ years of experience in risk management or third-party risk management (financial services preferred).
  • Strong hands-on data analysis experience.
  • Advanced proficiency in Microsoft Office Suite:
    • Excel (required)
    • Word
    • PowerPoint
    • Power BI
  • Experience aggregating and interpreting enterprise data.
  • Excellent professional writing and communication skills.
  • Strong multitasking and time-management abilities.
  • Experience in third-party risk assessment, remediation, and monitoring.
  • Knowledge of cybersecurity or information security incident management.
  • Familiarity with third-party risk frameworks and methodologies.
  • Ability to work onsite Monday–Friday in McLean, VA.
Preferred Qualifications
  • Experience with OneTrust platform.
  • Background in financial services risk environments.
  • Exposure to enterprise vulnerability management programs.
Key Skills
  • Enterprise Risk Management
  • Third-Party Risk Management (TPRM)
  • Data Analysis & Aggregation
  • KPI/KRI Development
  • Executive Reporting
  • Microsoft Excel (Advanced)
  • Power BI
  • Stakeholder Management
  • Incident Management
  • Strong Written Communication