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Third Party Risk Management Specialist Jobs (NOW HIRING)

Sungrow Na

$140 - $180/hr

Third Party Risk Management Lead Professional US 2 days ago Requisition ID: 1286 Salary: $160,000.00 Annually Third Party Risk Management Lead About Sungrow: Sungrow North America is a leading ...

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Third Party Risk Management Specialist information

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$38K

$100.5K

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

As of Aug 23, 2026, the average yearly pay for third party risk management specialist in the United States is $94,940.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,500.00 and $98,500.00 per year, depending on experience, location, and employer.

What does a third party risk management specialist do?

A Third Party Risk Management Specialist is responsible for identifying, assessing, and managing risks associated with an organization’s third-party vendors, suppliers, and service providers. They evaluate potential threats such as data breaches, regulatory non-compliance, and operational disruptions that could arise from these external partnerships. Their work involves conducting risk assessments, monitoring vendor performance, and ensuring that third parties adhere to security and compliance standards. They also develop policies, frameworks, and procedures to mitigate risks and protect the organization’s interests. Collaboration with internal teams and communication with external partners are key aspects of this role.

What are the key skills and qualifications needed to thrive as a third party risk management specialist, and why are they important?

To thrive as a Third Party Risk Management Specialist, you need expertise in risk assessment, vendor management, and compliance, often supported by a degree in business, finance, or a related field. Familiarity with risk management frameworks, GRC (Governance, Risk, and Compliance) tools, and relevant certifications like CTPRP or CISA is highly valuable. Strong analytical thinking, communication, and negotiation skills help in building effective relationships with vendors and internal stakeholders. These skills are crucial for identifying, mitigating, and managing risks associated with third-party relationships, ultimately protecting the organization's interests and reputation.

What are some common challenges faced by third party risk management specialists when assessing vendor risks across different departments?

One of the main challenges for Third Party Risk Management Specialists is ensuring consistent risk assessments across various departments, each of which may have different priorities and levels of risk tolerance. Collaborating with stakeholders to gather accurate information and ensure compliance with internal policies can be complex, especially when vendors support critical or diverse business functions. Effective communication, tailored risk frameworks, and ongoing monitoring are essential for overcoming these challenges and maintaining a robust third-party risk management program.

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

AspectThird Party Risk Management SpecialistVendor Risk Analyst
CertificationsCertifications like CTPRP, CRISC often preferredSimilar certifications, often including CRISC or CTPRP
Work EnvironmentTypically within risk management or compliance teams in finance, healthcare, or techUsually in procurement, compliance, or risk departments across industries
Employer & Industry UsageCommon in financial services, healthcare, and large corporationsWidely used in retail, manufacturing, and service sectors

Both roles focus on assessing and mitigating risks associated with external vendors or third parties. The Third Party Risk Management Specialist generally has a broader scope, overseeing the entire third-party risk lifecycle, while the Vendor Risk Analyst concentrates specifically on evaluating individual vendors' risks. Both positions require similar certifications and work in risk or compliance teams, but their scope and industry focus may differ.

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What job categories do people searching Third Party Risk Management Specialist jobs look for?

The top searched job categories for Third Party Risk Management Specialist jobs are:

Third Party Risk Management Specialist jobs near you
Infographic showing various Third Party Risk Management Specialist job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $94,940 per year, or $45.6 per hour.

Third-Party Risk Management Specialist

Cboe Global Markets

Chicago, IL • On-site

$101K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

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

Job description


Building trusted markets - powered by our people
At Cboe Global Markets, we inspire our people to solve complex challenges together because what we do matters. We provide the financial infrastructure that powers the global economy. As a leading provider of market infrastructure and tradable products, Cboe delivers cutting-edge trading, clearing and investment solutions to market participants around the world.
We're building meaningful ways to support professional and personal development while strengthening the trust we've earned as a global market leader. Our teams are empowered to share ideas, actively pursue them and bring on a challenge. As champions of internal mobility and access to opportunity, we encourage our people to "go for it" and equip our managers with the training to coach their teams to the next level. We strive to provide employees a safe space to network, share ideas and create opportunities.
Please note: To support strong partnership and team connection, this role follows a four day in office work model in either our Chicago or Overland Park, KS office.
Role Overview
The Global Third-Party Risk Management Team is seeking a Third-Party Risk Management Specialist to assist in executing the risk management program for third-party vendors and service providers. This position includes conducting comprehensive risk assessments, ensuring compliance with Cboe and industry security standards, monitoring vendor relationships, and addressing client due diligence inquiries to mitigate potential risks to the organization. Cboe's Third Party Risk Management Specialist will specifically focus on cyber threats and vulnerabilities within the third-party ecosystem. Candidates must be able to quickly adjust to changing priorities and adapt to an evolving business environment.
Your responsibilities will be:
  • Manage incoming client requests (such as assessments, questionnaires, etc.), prioritize and triage requests to appropriate teams, and validate non-disclosure agreements.

  • Facilitate communication between business, legal, technology, and information security teams to validate questionnaire responses and fulfill general requests related to controls defined by Cboe's standards and policies.

  • Serve as a point of contact for internal stakeholders for client due diligence inquiries, ensuring timely and accurate responses.

  • Function as the subject matter expert for the response management software used for managing and responding precisely and quickly to client due diligence questionnaires.

  • Manage and maintain a standardized library of responses for client due diligence questionnaires, ensuring accuracy and consistency.

  • Collaborate with internal experts to update and refine responses as needed.

  • Assist team with onboarding new vendor relationships.

  • Collect, review, and process information and documentation from third party vendors/suppliers.

  • Conduct third-party risk assessments and due diligence reviews. Analyze security information to identify significant control or security gaps and report findings to senior team members.

  • Perform comprehensive security reviews of potential and existing third-party vendors using questionnaires and security tools to evaluate their cybersecurity controls and identify potential risks.

  • Analyze identified risks from third parties and prioritize them based on their potential impact and likelihood of occurrence; create remediation plans accordingly.

  • Continuously monitor third-party vendors' security posture through regular assessments, vulnerability scans, and incident reporting to maintain a consistent level of security.

  • Coordinate with internal security team to respond to cyber incidents involving third-party vendors, providing necessary support for investigation and remediation.

  • Assist with regulatory exams by obtaining documentation and drafting responses to regulator inquiries.

  • Perform additional activities as needed.

The ideal candidate has
  • Bachelor's Degree or equivalent work experience in a relevant field.

  • 3+ years' experience in third-party risk management, vendor management, security incident response, cyber management or comparable field required.

  • Strong understanding of cybersecurity principles, including application security, access control, and incident response. Knowledge of compliance and regulatory frameworks (e.g., NIST, SOC 2, GDPR, ISO 27001).

  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-function teams.

  • Ability to work independently and manage multiple assignments/projects simultaneously.

  • Experience conducting vendor risk assessments.

  • Experience with third party/vendor risk management platforms is a plus.

Benefits and Perks of working for Cboe Global Markets
We value the total wellbeing of our people - including health, financial, personal and social wellness. We believe standard benefits like health insurance and fair pay are a given at any organization. Still, you should know we offer:
  • Fair and competitive salary and incentive compensation packages with an upside for overachievement
  • Generous paid time off, including vacation, personal days, sick days and annual community service days
  • Health, dental and vision benefits, including access to telemedicine and mental health services
  • 2:1 401(k) match, up to 8% match immediately upon hire
  • Discounted Employee Stock Purchase Plan
  • Tax Savings Accounts for health, dependent and transportation
  • Employee referral bonus program
  • Volunteer opportunities to help you give back to your communities

Some of our associates' favorite benefits and perks include:
  • Complimentary lunch, snacks and coffee in any Cboe office
  • Paid Tuition assistance and education opportunities
  • Generous charitable giving company match
  • Paid parental leave and fertility benefits
  • On-site gyms and discounts to other fitness centers

#LI-CP2
More About Cboe Global Markets
We're reimagining the future of the workplace by focusing on what matters most, our people. Our journey is an inclusive one. We're investing deeply in leadership programs and career development initiatives that ensure everyone has an equal chance to succeed.
We work with purpose, solving problems with ingenuity, collaboration, and a lot of passion. We're an engaged and excited team connecting markets across borders and embracing growth in all its forms to achieve incredible outcomes.
Learn more about life at Cboe on our website and LinkedIn.
Equal Employment Opportunity
We're proud to be an equal opportunity employer do not discriminate against any employee or applicant for employment based on any legally protected characteristic, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or Veteran status. We are committed to fostering a workplace where all individuals are valued and respected.
This position is not eligible for visa sponsorship. Candidates must be legally authorized to work in the United States without the need for employer sponsorship now or in the future.
Salary Ranges (applicable for US locations only)
At Cboe, we are committed to providing a competitive, transparent, and market-informed total rewards program. The anticipated base salary range for this role is $76,500-$108,900, with actual compensation determined by job-related factors such as skills, relevant experience, education, internal alignment, and location.
This role may also be eligible for annual incentive compensation and, where applicable, participation in Cboe's long-term equity programs.
Additional information about Cboe's total rewards program, including benefits and other compensation components, can be found here: Total Rewards at CBOE.
Any communication from Cboe regarding this position will only come from a Cboe recruiter who has a @cboe.com email or via LinkedIn Recruiter. Cboe does not use any other third party communication tools for recruiting purposes.

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