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Third Party Manager information

What is the difference between Third Party Manager vs Vendor Manager?

AspectThird Party ManagerVendor Manager
CredentialsTypically requires certifications in risk management, procurement, or supply chainOften requires procurement or supply chain certifications
Work EnvironmentManages relationships with multiple external vendors and service providersFocuses on managing specific vendors or suppliers
Industry UsageCommon in industries with complex supply chains and outsourcingUsed across various industries to oversee vendor performance

While both roles involve managing external entities, a Third Party Manager oversees a broader network of vendors and service providers, focusing on risk and compliance. A Vendor Manager typically concentrates on specific vendors, ensuring contractual performance and delivery. Understanding these differences helps organizations assign roles effectively based on scope and complexity.

What are Third Party Managers?

Third Party Managers are professionals responsible for overseeing relationships between an organization and its external vendors, suppliers, or service providers. Their main duties include evaluating, selecting, and managing third-party partners to ensure they meet contractual obligations, compliance requirements, and quality standards. Third Party Managers also mitigate risks associated with outsourcing and help maintain effective communication between all parties involved. They play a crucial role in optimizing business operations and safeguarding the organization against potential vulnerabilities linked to external partnerships.

What are some common challenges Third Party Managers face when overseeing vendor relationships?

Third Party Managers often encounter challenges such as ensuring vendors meet compliance and performance standards, managing communication across different time zones or cultures, and mitigating risks related to data security or service delivery. Balancing the company’s needs with vendor capabilities requires strong negotiation and relationship-building skills. Staying proactive with regular reviews and open lines of communication helps address issues early and maintain positive, productive partnerships.

What are the key skills and qualifications needed to thrive as a Third Party Manager, and why are they important?

To thrive as a Third Party Manager, you need strong vendor management, risk assessment, and contract negotiation skills, typically supported by a degree in business, supply chain, or a related field. Familiarity with supplier management systems, risk management tools, and compliance frameworks such as ISO 27001 or SOC 2 is often required. Excellent communication, relationship-building, and problem-solving abilities set top performers apart in this role. These skills are crucial for ensuring effective oversight, minimizing risks, and maintaining strong, compliant relationships with external partners.
What job categories do people searching Third Party Manager jobs in Renton, WA look for? The top searched job categories for Third Party Manager jobs in Renton, WA are:
What cities near Renton, WA are hiring for Third Party Manager jobs? Cities near Renton, WA with the most Third Party Manager job openings:
Third Party Manager jobs near you
Group Manager - 3rd Party Vetting Operations

Group Manager - 3rd Party Vetting Operations

Microsoft

Redmond, WA • On-site

Full-time

Posted 7 days ago

Microsoft rating

8.6

Company rating: 8.6 out of 10

Based on 130 frontline employees who took The Breakroom Quiz

57th of 209 rated software companies

Job description

Overview
The Vetting Operations team sits within the Partner Lifecycle and Trust Operations organization, a function within Microsoft Business Operations "MBO". Our mission is to strengthen, simplify, and scale risk management and compliance operations to protect Microsoft and enable strategic growth. We deliver risk management controls and data insights for MBO risks, optimize complex systems and processes across the broader organization, and execute compliant 3rd party vetting, offboarding, and remediation services.
We are hiring a Group Manager of 3rd party Vetting Operations to lead a team of talented operations and support program managers, in a mission critical compliance role. This team delivers vetting services to ensure Microsoft only engages with trusted and valid 3rd party entities including but not limited to partners, suppliers, and developers. These services are delivered in close partnership with engineering and support organizations. We're focused on simplifying and improving vetting standards and governance, capacity planning, operational procedures and support workflows, and communications through continuous process improvement, systems, and Microsoft AI/Copilot capabilities.
The Group Manager, 3rd Party Vetting Operations, is accountable for delivering operational excellence at scale. This role drives execution of vetting strategy through efficient, compliant, and repeatable processes that enable measurable business outcomes. This role partners cross-functionally to remove blockers, standardise workflows, and accelerate delivery in a complex, matrixed environment. They use data and defined success metrics to prioritise, make decisions, and maintain execution momentum. This role builds a culture of accountability and continuous improvement, ensuring teams are equipped with the tools, governance, and operating rhythms required to deliver. Additionally, the role ensures enterprise vetting services are consistently executed and scaled to meet evolving business needs.
Responsibilities
  • Drive Operational Delivery & Accountability
    Lead, develop, and grow a high-performing, diverse team delivering critical enterprise vetting services. Empower and hold the team accountable for achieving objectives, key results, and metrics that land organizational priorities, while enabling success through clear process design and execution.
  • Plan & Prioritize for Results
    Set clear priorities and plan the team's work to meet goals, adapt quickly to changing business needs, and maintain momentum and energy toward execution. Design planning frameworks that enable proactive, consistent prioritization and delivery at pace.
  • Measure & Report Performance
    Deliver ongoing performance metrics and scorecards to represent the state of the business. Foster a data-driven culture that uses analytics to make informed decisions and accelerate execution, while enabling teams with tools and processes for transparent reporting.
  • Ensure Compliance & Audit Readiness
    Contribute to audit readiness at all times. Drive rigor in compliance documentation and risk management, and support internal/external audits with precision and timeliness. Enable compliance through maintaining standardized documentation and governance processes.
  • Execute Agentic AI Strategy
    Operationalize the strategy for integrating Agentic AI into vetting operations to enhance automation, decision-making, and efficiency while ensuring compliance and ethical standards.
  • Manage Outsourced Supplier Performance
    Oversee contract and performance of outsourced vetting service providers to ensure delivery meets quality, compliance, and operational expectations. Enable supplier success through structured performance management processes.
  • Model Risk Mitigation & Decision Agility
    Demonstrate a proactive compliance mindset by anticipating issues, engaging diverse perspectives, and making timely, informed decisions to keep execution on track. Enable decision-making through clear escalation and governance processes.
  • Define Strategy for Service Transformation
    Shape operational models and transformation plans using industry benchmarks, performance insights, and business needs in partnership with stakeholders. Enable transformation by designing repeatable frameworks and change management processes.
  • Influence Stakeholders for Holistic Solutions
    Build and maintain relationships with stakeholders to align priorities and deliver integrated solutions that support enterprise objectives. Enable collaboration through structured engagement models and communication processes.

Qualifications
Basic Qualifications:
  • Bachelor's Degree in Business, Operations, Finance, or related field AND 6+ years experience in program management, process management, or process improvement
    • OR equivalent experience.
  • 4+ years management (e.g., people, project, process, vendor, change) experience.

Preferred Qualifications:
  • Master's Degree or MBA
  • Systems thinker, able to understand upstream and downstream processes to drive end-to-end solutions to key business and operational challenges.
  • Excellent verbal and written communication skills, able to deliver simple, concise, and clear messages at all levels.
  • Ability to act as a trusted advisor, can influence without authority, and builds relationships with individuals at all levels, in multiple geographies and business functions, both internally and externally.
  • Initiates and demonstrates thought leadership, innovation, and execution management.
  • Experience in driving operational rigor and efficiencies through strategic plans and roadmaps while driving changes at pace to meet business needs.
  • Attention to detail and analytical problem solving, with judgement to make decisions in ambiguous situations.

Business Program Management M5 - The typical base pay range for this role across the U.S. is USD $116,900 - $203,600 per year. There is a different range applicable to specific work locations, within the San Francisco Bay area and New York City metropolitan area, and the base pay range for this role in those locations is USD $148,400 - $222,600 per year.
Certain roles may be eligible for benefits and other compensation. Find additional benefits and pay information here:
https://careers.microsoft.com/us/en/us-corporate-pay
This position will be open for a minimum of 5 days, with applications accepted on an ongoing basis until the position is filled.
Microsoft is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, citizenship, color, family or medical care leave, gender identity or expression, genetic information, immigration status, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran or military status, race, ethnicity, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable local laws, regulations and ordinances. If you need assistance with religious accommodations and/or a reasonable accommodation due to a disability during the application process, read more about requesting accommodations.

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About Microsoft

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Our infrastructure is comprised of a large global portfolio of more than 100 datacenters and 1 million servers. Our foundation is built upon and managed by a team of subject matter experts working to support services for more than 1 billion customers and 20 million businesses in over 90 countries worldwide. With environmental sustainability and optimization at the forefront of our datacenter design and operations, we continue to grow and evolve as we meet the ever-changing business demands that hold Microsoft as a world-class cloud provider.

Industry

Computer and computer peripheral equipment and software wholesalers

Company size

10,000+ Employees

Headquarters location

Redmond, WA, US

Year founded

1975

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