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Third Party Risk Management Jobs in Arizona (NOW HIRING)

... Third-Party Risk Management, and ServiceNow AI Control Tower use cases * Supporting functional design and configuration of ServiceNow solutions, including forms, workflows, notifications, service ...

... Third-Party Risk Management, and ServiceNow AI Control Tower use cases * Contributing to functional design and configuration of ServiceNow solutions, including forms, workflows, notifications ...

... Third-Party Risk Management, and ServiceNow AI Control Tower use cases * Supporting functional design and configuration of ServiceNow solutions, including forms, workflows, notifications, service ...

... Third-Party Risk Management, and ServiceNow AI Control Tower use cases * Contributing to functional design and configuration of ServiceNow solutions, including forms, workflows, notifications ...

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Third Party Risk Management information

See Arizona salary details

$48K

$104K

$158.4K

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

As of Jun 27, 2026, the average yearly pay for third party risk management in Arizona is $103,958.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,900.00 and $120,200.00 per year, depending on experience, location, and employer.

What is a Third Party Risk Management job?

A Third Party Risk Management (TPRM) job involves assessing, monitoring, and mitigating risks associated with an organization's external vendors, suppliers, and service providers. Professionals in this role evaluate third parties for compliance, cybersecurity vulnerabilities, financial stability, and operational risks. They develop frameworks, conduct risk assessments, and ensure that vendors meet regulatory and organizational standards. TPRM specialists collaborate with internal teams like compliance, procurement, and IT security to protect the organization's interests. Their goal is to minimize potential disruptions, data breaches, or regulatory non-compliance stemming from third-party relationships.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $150,000 annually. These roles require extensive experience, advanced certifications like FRM or CRM, and strong leadership skills in overseeing enterprise-wide risk strategies.

What is the role of a third party Risk Manager?

A third party Risk Manager is responsible for identifying, assessing, and mitigating risks associated with an organization’s external vendors and partners. They develop risk management strategies, conduct due diligence, and monitor third-party compliance to protect the organization from potential threats and ensure contractual obligations are met. Strong analytical skills and knowledge of risk assessment tools are essential in this role.

What is 3rd party risk management?

Third party risk management is the process of identifying, assessing, and mitigating risks associated with external vendors, suppliers, or partners that an organization relies on. It involves evaluating third parties' security, compliance, and operational practices to protect the organization from potential threats and disruptions. Professionals in this field often use risk assessment tools and frameworks to ensure third-party relationships do not compromise organizational integrity.

What are some common challenges faced in a Third Party Risk Management role, and how are they addressed?

One of the primary challenges in Third Party Risk Management is keeping up with evolving regulatory requirements and the diverse risk profiles of different vendors. Professionals in this role often encounter situations where they must coordinate risk assessments across multiple departments and ensure timely responses from both internal teams and external partners. To address these challenges, strong project management skills, proactive communication, and the use of dedicated risk management tools are essential. Many organizations also emphasize ongoing training and cross-functional collaboration to stay ahead of emerging risks and regulatory changes.

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

To thrive in Third Party Risk Management, you need a strong understanding of risk assessment, compliance regulations, vendor management, and data analysis, typically supported by a bachelor's degree in business, finance, or a related field. Familiarity with risk assessment tools, third-party risk management platforms (such as Archer or ProcessUnity), and certifications like Certified Third Party Risk Professional (CTPRP) are common in this field. Exceptional communication, negotiation, and analytical-thinking skills are crucial soft skills for engaging vendors and stakeholders effectively. These abilities ensure comprehensive risk mitigation and help organizations maintain compliance and security while building strong external partnerships.

Is TPRM a good career?

Third Party Risk Management (TPRM) is a growing field focused on assessing and mitigating risks from external vendors and partners. It requires skills in compliance, cybersecurity, and risk assessment, often involving certifications like CTPRP or CRISC. The role offers opportunities in various industries and can lead to advancement in risk and compliance management careers.
What are the most commonly searched types of Third Party Risk Management jobs in Arizona? The most popular types of Third Party Risk Management jobs in Arizona are:
What are popular job titles related to Third Party Risk Management jobs in Arizona? For Third Party Risk Management jobs in Arizona, the most frequently searched job titles are:
What job categories do people searching Third Party Risk Management jobs in Arizona look for? The top searched job categories for Third Party Risk Management jobs in Arizona are:
What cities in Arizona are hiring for Third Party Risk Management jobs? Cities in Arizona with the most Third Party Risk Management job openings:
Infographic showing various Third Party Risk Management job openings in Arizona as of June 2026, with employment types broken down into 89% Full Time, 6% Part Time, 2% Temporary, 2% Contract, and 1% Nights. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $103,958 per year, or $50 per hour.
Consultant - Procurement and Third-Party Governance & Compliance

Consultant - Procurement and Third-Party Governance & Compliance

Northern Trust

Tempe, AZ • On-site

$64K - $105K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 26 days ago


Northern Trust rating

8.0

Company rating: 8.0 out of 10

Based on 23 frontline employees who took The Breakroom Quiz


Job description

About Northern Trust


As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.


Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.


With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.


Job Description

Northern Trust, a Fortune 500 company, is a globally recognized financial institution with over 130 years of experience providing innovative financial services. The Audit & Regulatory Specialist (P2) role supports the Third Party Management (TPM) and Procurement teams by assisting with audit, regulatory, and risk management activities related to thirdparty risk assessment controls.

This position focuses on execution, documentation, and coordination of audit and regulatory support activities under the guidance of more senior team members. The role requires a foundational understanding of control processes, regulatory expectations, and thirdparty risk management practices.

Key Responsibilities
  • Support internal and external audits related to Third Party Management and Procurement by assisting with audit requests, documentation collection, and evidence preparation.
  • Assist in the execution of first line of defense (1LOD) testing activities, including sampling, control testing, and documentation of results.
  • Help prepare risk assessments and contribute to annual audit and testing plans for the Third Party Management Office.
  • Review business processes and controls against documented policies, procedures, and regulatory expectations, escalating issues as identified.
  • Compile audit materials, summaries, and working papers under established templates and guidance.
  • Assist with tracking audit issues, regulatory findings, and remediation activities to support timely closure.
  • Support reviews of Internal Audit reports and assist in drafting responses or remediation documentation.
  • Participate in meetings with business partners to gather information and clarify documentation needs.
  • Maintain organized records and repositories to support audit readiness and ongoing compliance.
Qualifications
  • Bachelor's degree in Business, Accounting, Finance, Risk Management, or a related field.
  • Approximately 1-3 years of relevant experience in audit, risk management, compliance, procurement, or thirdparty risk.
  • Basic understanding of audit processes, internal controls, and regulatory compliance concepts.
  • Exposure to thirdparty or vendor risk management concepts is preferred but not required.
  • Strong attention to detail, organization, and documentation skills.
  • Ability to follow established procedures and work effectively under supervision.
  • Effective written and verbal communication skills.
Preferred Experience / Knowledge
  • Familiarity with Third Party Risk Management (TPRM) or Procurement processes.
  • Awareness of financial services regulatory expectations (e.g., OCC, FFIEC, PRA, FCA) is a plus.
  • Experience supporting audits, issue management, or control testing activities.
  • Proficiency with Microsoft Office tools (Excel, Word, PowerPoint).
Key Competencies
  • Detailoriented and processfocused
  • Ability to learn and apply regulatory and control concepts
  • Strong documentation and organizational skills
  • Collaborative and responsive to guidance
  • Accountability for assigned tasks and deadlines

Salary Range:

$64,125 - 105,925 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.


Work Authorization


Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).


Working with Us


As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.


Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.


Reasonable Accommodation


Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.



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