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Third Party Risk Management Jobs in Allen, TX (NOW HIRING)

Morgan Stanley

VP, Third Party Risk Officer

Dallas, TX · On-site

The role will focus on Third Party Risk and resides within the Legal and Compliance's Operational ... The individual will play a critical strategic role in driving risk management oversight activities ...

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Third Party Risk Management information

See Allen, TX salary details

$47.9K

$103.8K

$158.1K

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

As of Jul 26, 2026, the average yearly pay for third party risk management in Allen, TX is $103,767.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,700.00 and $120,000.00 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 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.

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What cities near Allen, TX are hiring for Third Party Risk Management jobs? Cities near Allen, TX with the most Third Party Risk Management job openings:
Third Party Risk Management jobs near you
Infographic showing various Third Party Risk Management job openings in Allen, TX as of July 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, 1% Temporary, and 2% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $103,767 per year, or $49.9 per hour.
Third-Party Risk Management Analyst

Third-Party Risk Management Analyst

PROLIM Global Corporation

Plano, TX • On-site

Other

Posted 14 days ago

Job description

Third-Party Risk Management Analyst

Location: Plano, TX (Onsite)

Summary

  • Lead Third-Party Cyber Risk Management (TPCRM) initiatives throughout the project lifecycle.
  • Conduct third-party cybersecurity risk assessments and identify security gaps.
  • Perform inherent risk assessments, validate risk ratings, and evaluate security controls.
  • Track remediation activities and ensure timely closure of identified risks.
  • Utilize GRC platforms and AI-driven automation to streamline assessments and reporting.
  • Collaborate with Cybersecurity, Procurement, Legal, Internal Audit, and business stakeholders.
  • Improve TPRM processes through workflow and tooling enhancements.
  • Develop metrics, dashboards, and executive reports for leadership.
  • Promote cybersecurity awareness and secure third-party practices.

Required Skills

  • Third-Party Risk Management (TPRM)
  • Third-Party Cyber Risk Management (TPCRM)
  • Vendor Risk Management
  • Cybersecurity Risk Assessments
  • Inherent Risk Assessments
  • Risk Analysis
  • Risk Remediation
  • Security Control Validation
  • Governance, Risk & Compliance (GRC)
  • GRC Platforms (Archer, ServiceNow GRC, OneTrust, ProcessUnity, MetricStream)
  • AI-Driven Risk Automation
  • NIST
  • SOC 2
  • ISO 27001
  • PCI DSS
  • Security Controls
  • Compliance
  • Stakeholder Management
  • Project Management
  • Executive Reporting
  • Metrics & Dashboards
  • Strong Documentation & Communication

Preferred Candidate Background

  • 3–5 years of experience in Cybersecurity, Third-Party Risk Management, IT Risk, or GRC.
  • Experience performing vendor security assessments and due diligence.
  • Knowledge of security frameworks such as NIST, ISO 27001, SOC 2, and PCI DSS.
  • Experience with GRC platforms and cross-functional stakeholder coordination.
  • Ability to document risks, remediation plans, and recommendations clearly.

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