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Third Party Risk Management Manager Jobs in Chicago, IL

Crowe

Third Party Risk Intern

Chicago, IL · On-site

$15.50 - $20.50/hr

As a Third-Party Risk team member in Crowe's Consulting Practice , your role will be focused on ... Exhibit strong communication skills when consulting with senior management, C-Suite client ...

Crowe LLP

Third Party Risk Intern

Chicago, IL · On-site

$27 - $42/hr

As a Third-Party Risk team member in Crowe's Consulting Practice , your role will be focused on ... Exhibit strong communication skills when consulting with senior management, C-Suite client ...

Crowe LLP

Third Party Risk Intern

Chicago, IL · On-site

$15.50 - $20.50/hr

As a Third-Party Risk team member in Crowe's Consulting Practice , your role will be focused on ... Exhibit strong communication skills when consulting with senior management, C-Suite client ...

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All JobsThird Party Risk Management JobsThird Party Risk Management Manager JobsThird Party Risk Management Manager Jobs in Chicago, IL

Third Party Risk Management Manager information

See Chicago, IL salary details

$44.8K

$106.8K

$172.6K

How much do third party risk management manager jobs pay per year?

As of Aug 20, 2026, the average yearly pay for third party risk management manager in Chicago, IL is $106,830.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,700.00 and $136,000.00 per year, depending on experience, location, and employer.

What does a Third Party Risk Management Manager do?

A Third Party Risk Management Manager is responsible for identifying, assessing, and mitigating risks associated with an organization's external vendors, suppliers, and partners. They develop and implement processes to evaluate the security, compliance, and operational risks posed by third parties. Their role also includes ongoing monitoring, conducting due diligence, and ensuring that third-party relationships align with the company’s risk tolerance and regulatory requirements.

What are the key skills and qualifications needed to thrive as a Third Party Risk Management Manager?

To excel as a Third Party Risk Management Manager, you need a strong understanding of risk assessment, vendor management, and compliance, typically backed by a degree in business, finance, or a related field. Familiarity with risk management frameworks, tools like RSA Archer or ServiceNow, and certifications such as CTPRP or CISM are often required. Strong analytical thinking, communication, and negotiation skills help manage complex stakeholder relationships and convey risk effectively. These competencies are crucial to identifying, mitigating, and communicating third-party risks, ensuring organizational resilience and regulatory compliance.

How does a Third Party Risk Management Manager typically collaborate with other departments to ensure effective risk mitigation?

A Third Party Risk Management Manager works closely with departments such as Procurement, Legal, IT Security, and Compliance to assess and mitigate risks associated with vendors and external partners. This collaboration often involves facilitating risk assessments, sharing due diligence findings, and coordinating incident response plans. Regular cross-departmental meetings and clear communication channels are essential to ensure that third-party risks are properly understood and managed throughout the organization.

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

AspectThird Party Risk Management ManagerVendor Risk Manager
CertificationsCRMP, CTPRP, or similarCRMP, CTPRP, or similar
Work EnvironmentFinancial institutions, corporations, regulated industriesFinancial services, healthcare, technology companies
Industry UsageCommon in industries with complex third-party relationshipsFocused on vendor-specific risk assessments

The Third Party Risk Management Manager and Vendor Risk Manager roles share similar certifications and often operate in regulated industries. The main difference lies in scope: the Third Party Risk Management Manager oversees all third-party relationships, including vendors, partners, and contractors, while the Vendor Risk Manager primarily focuses on assessing and mitigating risks associated with vendors specifically. Both roles are essential for organizations aiming to ensure compliance and manage third-party risks effectively.

What are the most commonly searched types of Third Party Risk Management jobs in Chicago, IL?

The most popular types of Third Party Risk Management jobs in Chicago, IL are:

What are popular job titles related to Third Party Risk Management Manager jobs in Chicago, IL?

For Third Party Risk Management Manager jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Third Party Risk Management Manager jobs in Chicago, IL look for?

The top searched job categories for Third Party Risk Management Manager jobs in Chicago, IL are:

Third Party Risk Management Manager jobs near you
Infographic showing various Third Party Risk Management Manager job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $106,830 per year, or $51.4 per hour.

Third Party Risk Control Manager - Vice President

JPMorgan Chase & Co.

Chicago, IL • On-site

$180 - $240/hr

Other

Posted 26 days ago

JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 495 frontline employees who took The Breakroom Quiz

72nd of 171 rated banks

Job description

Join our Commercial & Investment Bank (CIB) Controls team, where you’ll help shape how we identify, govern, and manage risk from a complex third-party ecosystem. You’ll play a key role in transforming risk assessments into actionable insights that protect our clients, data, and operations.

As a Third Party Risk & Controls Insights Vice President in CIB Controls, you will drive the insights agenda across the third-party lifecycle. You’ll turn assessment and monitoring outputs into meaningful narratives, themes, and recommendations. Your work will support risk acceptance and remediation prioritization, helping us maintain a strong risk posture and safeguard our reputation. You’ll collaborate with diverse teams and use your judgment and communication skills to ensure risk conclusions are clear and actionable.

Job Responsibilities
  • Compile and analyze third-party risk information, summarizing key impacts for business and Finance & Business Management (F&BM) partners.
  • Produce executive governance updates and materials for CIB controls and third-party risk forums.
  • Support third-party lifecycle reporting by following established standards for risk statements, residual risk language, materiality thresholds, and issue categorization.
  • Perform quality checks on risk assessments and monitoring outputs; flag gaps and coordinate updates with partner teams.
  • Identify recurring themes and emerging risks across the vendor portfolio and **escalate items that meet defined thresholds**.
  • Create residual risk summaries and remediation options to support risk acceptance and prioritization discussions.
  • Review and provide input on business cases for new or expanded vendor engagements, identifying opportunities to leverage existing vendors.
  • Maintain and refresh tracking for key third-party risk and control metrics (KRIs/KPIs), thresholds, and trend summaries; contribute content for dashboards and routine reporting.
  • Track third-party control issues through testing, monitoring, and closure, ensuring documentation and evidence meet standards.
  • Coordinate with Controls, Technology, Procurement, Legal, Compliance, Operational Risk, and business stakeholders to collect inputs and support a consistent view of third-party risk posture.
Required Qualifications, Capabilities, and Skills
  • Demonstrated expertise in control management within financial services, focusing on compliance and operational risk mitigation.
  • Hands‑on experience supporting third-party risk activities across the vendor lifecycle, with ability to document clear risk conclusions and support decision materials.
  • Ability to summarize assessment and monitoring results into executive‑ready updates, including key themes, emerging risks, and recommended next steps.
  • Ability to translate technical risk topics into business-friendly language, including concise risk statements and practical mitigations.
  • Strong analytical and technical literacy, including interpreting process flows, supporting KRI/KPI definition and tracking, and communicating insights.
  • Effective stakeholder management skills, partnering across controls, procurement, legal, compliance, technology, and business teams.
  • Strong written and verbal communication skills, including drafting governance materials and briefing leaders with clear messaging.
Preferred Qualifications, Capabilities, and Skills
  • Experience supporting third-party risk portfolio reporting and governance routines, including maintaining taxonomies and producing management information.
  • Ability to partner with analytics/automation teams to improve monitoring and insights for third-party risk and controls.
  • Working knowledge of operational resilience concepts, including business service mapping, recovery expectations, and dependency analysis.
  • Strong collaboration and influencing skills to reinforce standards, raise credible challenge, and support alignment on remediation priorities.
  • Understanding of the CIB business context to support third-party risk discussions and align recommendations with client, regulatory, and operational expectations.

**To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment‑based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).**

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