1

Third Party Risk Analyst Jobs in Wisconsin (NOW HIRING)

Great opportunity for a hands-on Sr. Security/Risk Analyst, an IT leader with ambition and drive to provide strategy, vision, communication, and direction regarding security risks to safeguard ...

The Fraud Risk Analyst develops data-driven insights and strategies that strengthen fraud prevention, detection, and operational performance across deposits, payments, digital, authentication, and ...

What you will be doing Asa Risk Analyst,Issue Management , youwill support the governance, execution, and continuous improvement of the Enterprise Issue Management program. You will partner with Risk ...

Risk Analysis & Strategy Support * Research and evaluate current trends in risk management and loss ... Coordinate with third-party administrators, insurers, legal teams, and internal claims staff on ...

next page

Showing results 1-20

Third Party Risk Analyst information

See Wisconsin salary details

$15

$40

$66

How much do third party risk analyst jobs pay per hour?

As of Aug 7, 2026, the average hourly pay for third party risk analyst in Wisconsin is $40.86, according to ZipRecruiter salary data. Most workers in this role earn between $30.10 and $49.76 per hour, depending on experience, location, and employer.

How does a third party risk analyst typically collaborate with other departments to manage vendor risks?

A Third Party Risk Analyst works closely with departments such as procurement, legal, IT security, and compliance to assess and mitigate potential risks posed by vendors and service providers. Collaboration often involves reviewing contracts, conducting risk assessments, and ensuring vendors meet the organization's security and compliance requirements. Regular communication and joint meetings are common to align on risk standards and address any emerging concerns. This cross-functional teamwork ensures a comprehensive approach to managing third-party risks and maintaining regulatory compliance.

What is the difference between Third Party Risk Analyst vs Vendor Risk Analyst?

AspectThird Party Risk AnalystVendor Risk Analyst
CertificationsCertifications like CRISC, CISA often preferredSimilar certifications, often the same as Third Party Risk Analyst
Work EnvironmentFinancial institutions, corporations managing third-party relationshipsOrganizations assessing vendor security, compliance, and performance
Industry UsageCommon in finance, healthcare, and tech sectorsPrimarily in procurement, supply chain, and IT sectors

The main difference is that a Third Party Risk Analyst focuses on assessing risks associated with all third-party relationships, including vendors, partners, and service providers. A Vendor Risk Analyst specifically concentrates on evaluating risks posed by vendors and suppliers. While their roles overlap, the Third Party Risk Analyst has a broader scope, often handling multiple types of third-party relationships within various industries.

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. Entry-level positions may start lower, while experienced analysts with certifications like CRISC or CISSP can earn higher salaries. The role often requires strong analytical skills and knowledge of risk management tools.

What does a third-party risk analyst do?

A third-party risk analyst evaluates the risks associated with an organization’s vendors, suppliers, and partners to ensure compliance and mitigate potential threats. They review contracts, perform risk assessments, and monitor third-party performance using tools like risk management software. Strong analytical skills and knowledge of regulatory standards are essential for this role.

What are the key skills and qualifications needed to thrive as a third party risk analyst?

To thrive as a Third Party Risk Analyst, you need a solid understanding of risk management principles, vendor assessment processes, and compliance regulations, often supported by a degree in business, finance, or information security. Familiarity with risk assessment tools, GRC (Governance, Risk, and Compliance) platforms, and certifications like CTPRA or CRISC is highly valuable. Strong analytical thinking, attention to detail, and effective communication skills set exceptional analysts apart in this field. These competencies are crucial for identifying and mitigating vendor risks, ensuring organizational compliance, and safeguarding sensitive data.
What are the most commonly searched types of Third Party Risk Analyst jobs in Wisconsin? The most popular types of Third Party Risk Analyst jobs in Wisconsin are:
What are popular job titles related to Third Party Risk Analyst jobs in Wisconsin? For Third Party Risk Analyst jobs in Wisconsin, the most frequently searched job titles are:
What job categories do people searching Third Party Risk Analyst jobs in Wisconsin look for? The top searched job categories for Third Party Risk Analyst jobs in Wisconsin are:
What cities in Wisconsin are hiring for Third Party Risk Analyst jobs? Cities in Wisconsin with the most Third Party Risk Analyst job openings:
Infographic showing various Third Party Risk Analyst job openings in Wisconsin as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $84,997 per year, or $40.9 per hour.

Third-Party Risk Analyst

NELNET BUSINESS SOLUTIONS

Madison, WI • Hybrid

$60K - $70K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 15 days ago


Job description

Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer, professional services company, consumer loan originator and servicer, payments processor, renewable energy solutions, and K-12 and higher education expert. For over 40 years, Nelnet has been serving its customers, associates, and communities.

The perks of working at Nelnet go beyond our benefits package. When you join the Nelnet team, you're part of a community invested in the success of each individual. That support comes through in our work, as we are united by our mission of creating opportunities for people where they live, learn, and work.

The Third-Party Risk Analyst is a contributor within Nelnet's Risk Management team. This role supports risk assessments and ongoing oversight of third-party relationships across the organization. This role helps safeguard Nelnet against key risks by evaluating third-party controls, identifying risk gaps, and recommending remediation aligned with regulatory requirements and internal standards. The Analyst partners closely with senior team members and internal stakeholders to support the third-party risk management lifecycle and contributes to process improvements that support the continued maturity of the Third-Party Risk Management Program.JOB RESPONSIBILITIES:
  • Facilitate third-party risk assessments for new and existing third-party relationships, with guidance from senior team members as needed.

  • Assist in assessing fourth-party and subcontractor risk exposure for third-party relationships.

  • Review and analyze documentation provided by the third-party, document assessment results, identity risk gaps, and recommend remediation actions aligned with Regulatory Requirements and Nelnet standards.

  • Deliver reporting, dashboards, and analytics for ongoing oversight, trends, and escalation.

  • Support the ongoing maintenance and administration of third-party policies, procedures, and guidelines.

  • Partner with internal stakeholders and subject matter experts to support the third-party risk management lifecycle.

  • Build and maintain strong cross-functional relationships across business segments to support collaboration throughout the third-party risk management lifecycle.

  • Utilize existing tools and technology, including AI, to support process efficiency, and identify opportunities for improvement.

  • Maintain awareness of emerging risks and industry trends through continued education and research, sharing relevant insights with the team.

  • Participate in and support the delivery of third-party risk management training for Nelnet Associates.

Annual compensation range for this role is $60,000-$70,000 depending on experience.

This position offers a hybrid work option. Nelnet values flexibility and understands the importance of work-life integration. Our hybrid work environment allows associates living within 30 miles of an office location to work remotely for part of the week, while also fostering collaboration and team connection through in-office presence three days per week.

Please note that we are unable to provide visa sponsorship for this position. To be considered, candidates must already be authorized to work in the United States without the need for current or future sponsorship.

EDUCATION:

Bachelor's in technology, risk, business, or related field (equivalent experience may substitute).

EXPERIENCE:

1-3 years in risk management, third-party risk management, audit, cybersecurity, or compliance.

Education or certifications in risk, audit, cyber, or project management preferred.

Familiarity with regulatory requirements and frameworks such as SOC 1/SOC 2, ISO, NIST, and others.

COMPETENCIES/SKILLS:
  • Ability to review and interpret vendor documentation to support risk assessments and identify control gaps.

  • Sound judgment to identify risk gaps and escalate issues appropriately based on risk severity.

  • Self-starter with the ability to work independently, communicate clearly, and escalate issues effectively to stakeholders.

  • Strong organizational skills to manage concurrent assessments and maintain audit-ready documentation.

  • Ability to collaborate effectively with internal stakeholders and subject matter experts across the third-party risk management lifecycle.

Our benefits package includes medical, dental, vision, HSA and FSA, generous earned time off, 401K/student loan repayment, life insurance & AD&D insurance, employee assistance program, employee stock purchase program, tuition reimbursement, performance-based incentive pay, short- and long-term disability, and a robust wellness program. Click here to learn more about our benefits: Benefits & Perks - Nelnet Inc.


Nelnet is committed to providing a welcoming and respectful workplace where all associates have the opportunity to succeed. As an Equal Opportunity Employer, we ensure that all qualified applicants are considered for employment. Employment decisions are made without regard to race, color, religion/creed, national origin, gender, sex, marital status, age, disability, use of a guide dog or service animal, sexual orientation, military/veteran status, or any other status protected by federal, state, or local law. We value the unique contributions of every team member and believe that a positive work environment benefits everyone.


Qualified individuals with disabilities who require reasonable accommodations in order to apply or compete for positions at Nelnet may request such accommodations by contacting Corporate Recruiting at 402-486-5725 orcorporaterecruiting@nelnet.net.


Nelnet is a Drug Free and Tobacco Free Workplace.


Use of Artificial Intelligence in Hiring


We may use automated or artificial intelligence enabled tools to assist with the initial review of applications, such as identifying relevant skills or experience. These tools are used to support human review and do not make hiring decisions. A recruiter reviews applications and determines which candidates move forward in the hiring process. For more information, see our Privacy Policy and Pre-Use Notice: Automated Tools in Hiring