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Party Risk Management Jobs (NOW HIRING)

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:

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 ...

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 ...

$110K - $167K/yr

As a Third-Party Risk Management Analyst, you will own security risk assessments for critical Samsara vendors and partners. You will oversee the complete lifecycle--from tiering and onboarding to ...

As a Third-Party Risk Management Analyst, you will own security risk assessments for critical Samsara vendors and partners. You will oversee the complete lifecycle-from tiering and onboarding to ...

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 ...

As a Third-Party Risk Management Analyst, you will own security risk assessments for critical Samsara vendors and partners. You will oversee the complete lifecycle--from tiering and onboarding to ...

Under the direction of the supervisor, ITS Systems Security, lead the Third-Party Risk Management (TPRM) program for State Teachers Retirement System of Ohio (STRS Ohio). Oversee due diligence ...

Third Party Risk Manager

Columbus, OH · On-site

$67K - $81K/yr

Under the direction of the supervisor, ITS Systems Security, lead the Third-Party Risk Management (TPRM) program for State Teachers Retirement System of Ohio (STRS Ohio). Oversee due diligence ...

Third Party Risk Manager

Elgin, IL · On-site

$120K - $150K/yr

First Vice President, Enterprise Risk Management Grade Level: 16 Full Salary Range: $120,574.45 - $180,861.67 Hiring Salary Range: $120,574.45 - $150,718.06 Position Summary: The Third Party Risk ...

Experience supporting Third-Party Risk Management (TPRM), vendor risk, or enterprise risk management processes. * Experience gathering and documenting business requirements. * Hands-on experience ...

Third Party Risk Manager

Carol Stream, IL · On-site

$120K - $180K/yr

First Vice President, Enterprise Risk Management Grade Level: 16 Full Salary Range: $120,574.45 - $180,861.67 Hiring Salary Range: $120,574.45 - $150,718.06 Position Summary: The Third Party Risk ...

Third Party Risk Manager

Carol Stream, IL · On-site

$120K - $150K/yr

First Vice President, Enterprise Risk Management Full Salary Range: $120,574.45 - $180,861.67 Hiring Salary Range: $120,574.45 - $150,718.06 Position Summary: The Third Party Risk Manager oversees ...

Showing results 41-60

Party Risk Management information

See salary details

$51.5K

$111.6K

$170K

How much do party risk management jobs pay per year?

As of Sep 13, 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
Infographic showing various Party Risk Management job openings in the United States as of September 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, and 2% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $111,556 per year, or $53.6 per hour.

Third Party Risk Officer

Memphis, TN • On-site

Evolve
11 - 50 employees

Full-time

Re-posted 6 days ago


Job description


The Third Party Risk Officer is responsible for the development, implementation, and ongoing oversight of the Bank's Third Party Risk Management (TPRM) Program. This role ensures that risks associated with third-party vendors, service providers, and FinTech partners are identified, assessed, monitored, and mitigated in accordance with regulatory expectations and the Bank's risk appetite.
The Officer leads a team of TPRM subject matter experts and provides governance, guidance, and oversight across all stages of the third-party lifecycle, including due diligence, contracting, performance monitoring, and termination. 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:
  • Design, implement, and maintain the Bank's Third Party Risk Management policies and procedures.
  • Ensure alignment with TPRM regulatory guidance.
  • Establish and maintain governance structures, including committees, reporting, and escalation processes.
  • Prepare and present program reports, risk insights, and metrics to senior management and the Board.
  • Periodically review and enhance the TPRM program to reflect evolving risks and regulatory expectations.
  • Collaborate with Legal in reviewing third-party contracts. (e.g., risk clauses, SLAs, right-to-audit)
  • Provide training and awareness to staff on third-party risk management practices.
  • Oversee risk-based due diligence processes for onboarding and ongoing monitoring of third parties.
  • Ensure proper risk tiering/classification of vendors based on criticality and inherent risk
  • Evaluate third-party controls across key risk domains. (e.g., information security, financial health, operational resilience, compliance)
  • Review and challenge risk assessments and due diligence results for completeness and accuracy.
  • Establish continuous monitoring processes, including performance metrics, SLAs, and risk indicators.
  • Track, report, and escalate identified issues, control gaps, and remediation activities.
  • Ensure timely resolution of findings related to third-party risk from audits, regulatory exams, and internal reviews.
  • Partner with business units to provide guidance on third-party selection, contracting, and risk mitigation strategies.
  • Maintain and enhance TPRM systems/tools and vendor inventory.
  • Develop and deliver key risk indicators (KRIs), dashboards, and reporting for senior leadership.

Education and Experience:
  • Seven or more years of experience in third party or related risk management roles (third-party risk management, auditing, operational risk, or compliance-related experience).
  • Demonstrated experience building or managing a Third Party Risk Management program.
  • Strong knowledge of regulatory expectations.
  • Experience interacting with regulators and leading audit or exam responses.
  • Familiarity with third-party risk management platforms and tools.
  • Bachelor's degree in a business-related field of study.

Key Competencies:
  • Strong stakeholder management and collaboration skills.
  • Proven experience presenting to senior leadership and governance committees.
  • Strong decision-making and escalation judgment.
  • Excellent written and verbal communication skills.
  • Ability to translate complex risk concepts into clear, actionable insights.
  • Skilled in use of MS Office suite, and ability to easily adapt to and utilize new technologies.
  • Continuous improvement mindset with focus on efficiency and effectiveness.
  • Strong organizational and project management skills.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.