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Third Party Risk Assessment Jobs in Minnesota (NOW HIRING)

Ethics & Compliance Manager

Austin, MN · On-site

$103K - $144K/yr

This role oversees key compliance initiatives, monitors regulatory requirements, develops and delivers training, conducts compliance risk assessments, manages third-party compliance processes, and ...

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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 Sep 5, 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.

What is a third party risk assessment?

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.

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 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.

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 August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 6% Part Time, and 6% Contract. Highlights an 85% Physical, 5% Hybrid, and 10% Remote job distribution, with an average salary of $84,903 per year, or $40.8 per hour.

Third Party Risk Management Director (Hybrid)

Securian Financial

Saint Paul, MN • On-site

$116K - $217K/yr

Other

Medical, Dental, Vision, Retirement, PTO

This job post has expired today. Applications are no longer accepted.


Securian Financial rating

8.7

Company rating: 8.7 out of 10

Based on 20 frontline employees who took The Breakroom Quiz


Job description

Risk Management Consulting Director

The Third Party Risk Management (TPRM) Director is accountable for leading and transforming the enterprise TPRM program to effectively manage risk across the full third-party lifecycle. This role serves as a central leader across the organization, ensuring third-party risk practices are consistent, scalable, and aligned with business objectives and risk appetite. Operating as a strategic partner to Procurement, Law & Compliance, Cybersecurity, Enterprise Technology, and business leadership, the TPRM Director enables informed decision-making and resilient growth. Through strong governance, cross-functional collaboration, and program excellence, this leader ensures third-party risk management is both protective and enabling for the enterprise.

Key Responsibilities (include but are not limited to)

  • Define and execute an enterprise TPRM strategy aligned to risk appetite, business priorities, and the evolving external environment
  • Influence senior leaders to drive consistent adoption of TPRM practices and proactive third-party risk management across Solution Groups
  • Lead cross-functional alignment across the third-party ecosystem, fostering strong partnerships with Procurement, Compliance, BCM, Cybersecurity, and other second-line risk functions
  • Communicate TPRM program status and risk insights to executive stakeholders, including Risk Council and Executive Leadership Team

Program Transformation & Delivery (30%)

  • Transform the TPRM program operating model, governance, processes, and enabling technology
  • Drive scalability and efficiency improvements across the full third-party lifecycle
  • Establish and execute a capability maturity roadmap aligned to industry best practices while managing to a defined program budget

Third Party Risk Oversight & Governance (25%)

  • Provide enterprise oversight of third-party risks across operational, cybersecurity, privacy, financial, and regulatory domains
  • Ensure consistent risk tiering, due diligence, ongoing monitoring, and issue remediation practices
  • Maintain audit and regulatory readiness through strong documentation and defensible risk decisions

Talent Development & Team Leadership (20%)

  • Lead and develop a high-performing TPRM team and aligned operational risk resources
  • Establish clear roles, expectations, accountability, and development pathways
  • Foster a culture of collaboration, continuous improvement, and shared ownership of risk

Required Qualifications

  • 12+ years of experience leading Third Party Risk Management or operational risk programs in a complex enterprise environment
  • Demonstrated experience designing and transforming enterprise-wide TPRM programs and operating models
  • Strong knowledge of third-party risk domains including operational, cybersecurity, privacy, financial, and regulatory risk
  • Proven ability to influence senior leaders and drive cross-functional alignment
  • Experience managing regulatory expectations, audits, and risk governance structures

Preferred Qualifications

  • Experience in financial services, insurance, or other highly regulated industries
  • Hands-on experience with TPRM enabling technologies and automation tools
  • Advanced degree or professional risk management certification (e.g., CRMP, CISA, CISSP)

#LI-Hybrid **This position will have a hybrid working arrangement, working in-office for a minimum of 3 days a week.**

Securian Financial believes in hybrid work as an integral part of our culture. Associates get the benefit of working both virtually and in our offices. If you're in a commutable distance (90 minutes) you'll join us 3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules.

The estimated base pay range for this job is:

$116,600.00 - $217,300.00

Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information on base pay and incentive pay (if applicable) can be discussed with a member of the Securian Financial Talent Acquisition team.

Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:

Paid time off:

  • We want you to take time off for what matters most to you. Our PTO program provides flexibility for associates to take meaningful time away from work to relax, recharge and spend time doing what's important to them. And Securian Financial rewards associates for their service by providing additional PTO the longer you stay at Securian.
  • Leave programs: Securian's flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.
  • Holidays: Securian provides nine company paid holidays.

Company-funded pension plan and a 401(k) retirement plan: Share in the success of our company. Securian's 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service.

Health insurance: From the first day of employment, associates and their eligible family members including spouses, domestic partners and children are eligible for medical, dental and vision coverage.

Volunteer time: We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.

Associate Resource Groups: Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including:

  • Mental Wellness and Disability
  • Pride at Securian Financial
  • Securian Young Professionals Network
  • Securian Multicultural Network
  • Securian Women and Allies Network
  • Servicemember Associate Resource Group

For more information regarding Securian's benefits, please review our Benefits page.

This information is not intended to explain all the provisions of coverage available under these plans. In all cases, the plan document dictates coverage and provisions.

Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status. If you are a job seeker with a disability and require an accommodation to apply for one of our jobs, please contact us by email at Employment@Securian.com, by telephone 651-655-5522 (voice), or 711 (Relay/TTY).


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