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Third Party Risk Assessment Jobs in Minnesota (NOW HIRING)

Responsibilities The Third-Party Risk Management (TPRM) Lead is responsible for executing third ... Maintain third-party records, assessment results, issues, and supporting documentation within the ...

Key Accountabilities Third Party Risk Management * Provide guidance and support to business ... Maintain thirdparty records, assessment results, issues, and supporting documentation within the ...

... Security Operations, Third-Party Risk Management, and ServiceNow AI Control Tower use cases ... Includes design of the cyber organization, governance, and risk assessments. Qualifications ...

$100K - $150K/yr

The role involves conducting assessments, monitoring compliance efforts, managing risk, and ... Familiarity with cloud security and third-party risk management. * Comfortable using AI tools for ...

... Third-Party Risk Management workstreams in partnership with architects and product owners ... It includes design of the cyber organization, governance, and risk assessments. Qualifications ...

... assessments, audits, and practices. * Establish, maintain, and evolve software tools related to ... Optimize the third-party risk management processes, including facilitating compliance portal ...

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Third Party Risk Assessment information

See Minnesota salary details

$43.6K

$84.9K

$121.9K

How much do third party risk assessment jobs pay per year?

As of Jul 17, 2026, the average yearly pay for third party risk assessment in Minnesota is $84,903.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,300.00 and $97,900.00 per year, depending on experience, location, and employer.

Is SOC analyst a high paying job?

A SOC analyst typically earns a competitive salary that varies by experience, location, and employer. Entry-level positions may start lower, but experienced analysts with certifications like CISSP or CEH can command higher wages, especially in organizations with advanced security needs.

What are some challenges commonly faced in a Third Party Risk Assessment role?

Professionals in Third Party Risk Assessment often face the challenge of managing a large and diverse portfolio of third-party vendors, each with unique risk factors and compliance requirements. Balancing thorough risk analysis with tight project deadlines can require strong organizational and prioritization skills. Additionally, staying current with evolving regulatory standards and ensuring consistent communication with both internal stakeholders and external vendors can be demanding. However, these challenges also provide opportunities to develop critical expertise in risk management, improve cross-functional collaboration, and contribute significantly to organizational resilience and reputation.

What is a Third Party Risk Assessment job?

A Third Party Risk Assessment job involves evaluating the security, compliance, and operational risks associated with external vendors, suppliers, or partners. Professionals in this role assess third-party practices to ensure they meet regulatory and organizational standards. They analyze potential risks such as data breaches, financial instability, and operational disruptions. The job typically involves conducting risk assessments, reviewing contracts, and working with internal stakeholders to mitigate risks.

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 external vendors, suppliers, or partners to ensure they meet security, compliance, and operational standards. They review contracts, perform risk assessments, and monitor third-party performance using tools like risk management software to mitigate potential vulnerabilities for their organization.

What are the key skills and qualifications needed to thrive in the Third Party Risk Assessment position, and why are they important?

To thrive in Third Party Risk Assessment, you need a solid understanding of risk management frameworks, vendor due diligence processes, and regulatory compliance, typically supported by a degree in business, IT, or a related field. Familiarity with GRC (Governance, Risk, and Compliance) platforms, risk assessment tools, and relevant certifications such as Certified Third Party Risk Professional (CTPRP) or Certified Risk Manager (CRM) is highly desirable. Excellent communication, analytical thinking, and problem-solving abilities set top candidates apart, as do project management skills. These skills are vital to effectively identify, evaluate, and mitigate risks posed by third-party vendors, ensuring the organization's overall security and compliance.

Is third-party risk management a good career?

Third-party risk management is a growing field that involves assessing and mitigating risks from external vendors and partners. It requires skills in compliance, cybersecurity, and risk assessment, often supported by certifications like CTPRP or ISO standards. The role offers opportunities in various industries with a focus on protecting organizational assets and ensuring regulatory adherence.
What are popular job titles related to Third Party Risk Assessment jobs in Minnesota? For Third Party Risk Assessment jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Third Party Risk Assessment jobs in Minnesota look for? The top searched job categories for Third Party Risk Assessment jobs in Minnesota are:
Infographic showing various Third Party Risk Assessment job openings in Minnesota as of July 2026, with employment types broken down into 3% As Needed, 76% Full Time, 18% Part Time, and 3% Contract. Highlights an 93% Physical, 1% Hybrid, and 6% Remote job distribution, with an average salary of $84,903 per year, or $40.8 per hour.
Third Party Risk Lead

Third Party Risk Lead

Old National Bank

Lake Elmo, MN • On-site

$165K/yr

Full-time

Medical, Dental, Vision, Retirement

Posted 24 days ago


Old National Bank rating

8.1

Company rating: 8.1 out of 10

Based on 37 frontline employees who took The Breakroom Quiz

51st of 149 rated banks


Job description

Overview
Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.
We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.
Responsibilities
The Third-Party Risk Management (TPRM) Lead is responsible for executing third-party risk management activities across a portfolio of vendors, with primary focus on Critical, Very High, and High risk third-party relationships, in support of the Bank's Third-Party Risk Management policies, standards, and program. This role serves as a subject-matter expert and escalation point within the TPRM team, ensuring complex risk assessments, issues, and remediation activities are executed in alignment with regulatory expectations and Bank
standards
Salary Range
The salary range for this position is $81,700/yr - $165,100/yr plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.
Key Accountabilities
Third Party Risk Management
  • Provide guidance and support to business segments on third-party risk management expectations, requirements, and best practices throughout the third-party lifecycle.
  • Actively support implementation and ongoing execution of the Third-Party Risk Management (TPRM) Program across the third-party relationship portfolio.
  • Conduct formal third-party reviews in accordance with TPRM policies, standards, and procedures.
  • Identify, document, track, and report third-party risks and issues through remediation, exception or formal risk acceptance.
  • Monitor adherence to corporate standards and expectations throughout the third-party review process.
  • Escalate concerns when risks, issues, or remediation efforts are insufficient or delayed.
  • Work cross-functionally with all lines of business to support a collaborative and effective third-party review process.
  • Support management of the centralized third-party risk management platform, ensuring accurate, timely, and complete documentation.
  • Maintain third-party records, assessment results, issues, and supporting documentation within the system of record.
  • Assist with preparation of management reporting, metrics, and dashboards related to third-party risk.
  • Support the review of third-party agreements by providing standard contract requirements informed by third-party risk assessments.
  • Assist with internal and external audits, regulatory exams, and independent reviews related to third-party risk management activities.
  • Mentor and provide knowledge-sharing support to other third-party risk management team members.

Other
  • Execute special projects and additional assignments as requested to support Third-Party Risk Management and Enterprise Risk Management objectives.
  • Contribute to the ongoing development, implementation, and maturation of third-party risk management processes, training materials, and support resources.
  • Develop and maintain effective working relationships with stakeholders across the Bank to promote collaboration and consistent application of third-party risk management expectations.

Key Competencies for Position
People Leadership:
  • Coach & Empower Others: Provides timely feedback, support, and guidance to encourage and support associates to accomplish tasks, solve problems, and enhance their professional development.
  • Gaining Agreement: Uses appropriate interpersonal styles and techniques to gain acceptance of ideas or plans; modifies one's own behavior to accommodate tasks, situations and individual's involved.

Culture Leadership:
  • Communication/Climate Setting: Shares information, maintaining emotional intelligence, tailoring the delivery to the audience, selecting appropriate delivery methods.
  • Culture & Values Leadership: Demonstrates Old National's culture in daily interactions and encourages associates to live by our culture and core values.

Execution Leadership:
  • Drive and Execution- Committed to achieving established goals, overcoming obstacles, and continuously learning to improve performance.
  • Establish Plans & Priorities: Ability to determine a course of action and establish a timeframe to complete individual objectives and team goals.
  • Performance/Monitoring/Measurement: Focuses on personal and team performance to achieve goals and line of business objectives.
  • Accountability: Accepts full responsibility for self and contribution as a team member; follows through on commitments; implements decisions that have been agreed upon; acknowledges and learns from mistakes without blaming others; recognizes the impact of his/her behavior on others.

Qualifications and Education Requirements
  • Bachelor's degree in business, project management, accounting, or related field.
  • 6+ years of experience in third-party risk management, operational risk, audit, or related risk disciplines.
  • Demonstrated ability to drive the End-to-End third-party lifecycle. This includes intake/onboarding, due diligence, ongoing monitoring, issue management/remediation and exit planning
  • Preferred certifications: CTPRP, CPA, CIA, CISA
  • Foundational understanding of risk management concepts, including exposure to policies, standards, and procedures.
  • General knowledge of banking operations and technology processes; prior experience in a regulated environment preferred.
  • Familiarity with key third-party risk and regulatory requirements (e.g., GLBA, SOX, PCI, HIPAA) and related compliance expectations.
  • Basic understanding of information security, cybersecurity concepts, and technology risks impacting third-party relationships.
  • Strong attention to detail with the ability to analyze information, identify issues, and document risks clearly.
  • Ability to manage multiple tasks and priorities in a fast-paced environment while meeting timelines.
  • Effective written and verbal communication skills, including the ability to prepare documentation and support risk reporting.
  • Demonstrated ability to work collaboratively and build productive working relationships across teams.
  • Proficiency in Microsoft Office applications, including Word, Excel, PowerPoint, and Visio.

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.
As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.
We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.
Our culture is firmly rooted in our core values.
We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.
We are Old National Bank. Join our team!

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