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Third Party Risk Management Jobs in Gaithersburg, MD

Support the design, testing, implementation, documentation, and continuous enhancement of Third Party Risk Management (TPRM) workflows within ServiceNow, ensuring alignment with business requirements ...

Job Title: Sr Risk Management Analyst Location: Washington, DC Type: Contract Compensation: $63.77 ... Govern and support associates in the completion of third-party risk assessments and control self ...

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Third Party Risk Management information

See Gaithersburg, MD salary details

$55.6K

$120.5K

$183.7K

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

As of Sep 7, 2026, the average yearly pay for third party risk management in Gaithersburg, MD is $120,531.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,200.00 and $139,400.00 per year, depending on experience, location, and employer.

What is a third party risk management?

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 third party risk management, 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 third party risk management a good career?

Third Party Risk Management is a growing field focused on identifying and mitigating risks associated with external vendors and partners. It requires skills in compliance, cybersecurity, and contract management, often involving certifications like CTPRP or CRISC. The role offers opportunities in various industries with increasing demand due to regulatory requirements and supply chain complexities.

What does a third party risk management do?

A third party risk management professional assesses and monitors risks associated with external vendors, suppliers, and partners to ensure compliance, security, and operational integrity. They conduct risk assessments, develop mitigation strategies, and often use tools like risk management software to protect the organization from potential threats and vulnerabilities.

What are popular job titles related to Third Party Risk Management jobs in Gaithersburg, MD?

For Third Party Risk Management jobs in Gaithersburg, MD, the most frequently searched job titles are:

What job categories do people searching Third Party Risk Management jobs in Gaithersburg, MD look for?

The top searched job categories for Third Party Risk Management jobs in Gaithersburg, MD are:

What cities near Gaithersburg, MD are hiring for Third Party Risk Management jobs?

Cities near Gaithersburg, MD with the most Third Party Risk Management job openings:

Infographic showing various Third Party Risk Management job openings in Gaithersburg, MD as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, and 2% Contract. Highlights an 82% Physical, 2% Hybrid, and 16% Remote job distribution, with an average salary of $120,531 per year, or $57.9 per hour.

Third Party Risk Manager

System One Holdings, LLC

Merrifield, VA โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 7 days ago


Job description

Job Title: Third Party Risk Manager
Location: Merrifield, VA
Type: Contract
Work Model: Hybrid - onsite and remote
  • Support the design, testing, implementation, documentation, and continuous enhancement of Third Party Risk Management (TPRM) workflows within ServiceNow, ensuring alignment with business requirements, risk methodology, and future-state operating model objectives.
  • Support the design, enhancement, and optimization of TPRM workflows within the ServiceNow platform.
  • Collaborate with business stakeholders, risk SMEs, and technology teams to document, validate, and implement TPRM workflow requirements and enhancements.
  • Assist in configuring and testing ServiceNow workflow changes to support evolving TPRM processes, controls, and business requirements.
  • Conduct user acceptance testing (UAT), document results, and coordinate issue resolution to ensure successful deployment of workflow enhancements.
  • Develop and maintain process documentation, workflow diagrams, business requirements, desktop job aids, and training materials related to ServiceNow TPRM functionality.
  • Support the translation of TPRM methodology and process requirements into scalable, automated workflows within ServiceNow.
  • Identify opportunities to streamline manual activities through workflow automation, improved routing, system controls, and enhanced user experience.
  • Monitor workflow performance and user feedback, documenting enhancement opportunities to improve efficiency, data quality, and process consistency.
  • Partner with cross-functional teams, including Procurement, Information Security, Compliance, Privacy, and Technology, to support end-to-end TPRM workflow integration.
  • Assist with data validation, reporting requirements, metrics, and workflow governance activities to support program oversight and continuous improvement.

Requirements
  • Minimum experience: 0 years
  • Experience with ServiceNow platform, workflows, and automation processes recommended but not specified in detail
  • Strong collaboration and communication skills to work effectively with cross-functional teams
  • Ability to support workflow configuration, testing, and documentation activities
  • Knowledge of TPRM methodologies and risk management best practices is preferred but not explicitly listed
  • Relevant certifications or educational background are not specified in the provided data

System One, and its subsidiaries including Joulรฉ and Mountain Ltd., are leaders in delivering outsourced services and workforce solutions across North America. We help clients get work done more efficiently and economically, without compromising quality. System One not only serves as a valued partner for our clients, but we offer eligible employees health and welfare benefits coverage options including medical, dental, vision, spending accounts, life insurance, voluntary plans, as well as participation in a 401(k) plan.
System One is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, age, national origin, disability, family care or medical leave status, genetic information, veteran status, marital status, or any other characteristic protected by applicable federal, state, or local law.
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About System One

Sourced by ZipRecruiter

System One helps employers get work done more efficiently and economically without compromising quality. Over our 35+ year history, we've helped connect thousands of talented people with innovative companies. The excitement of a perfect fit motivates us every single day.

Industry

Business consulting services and recruiting and staffing services

Company size

5,001 - 10,000 Employees

Headquarters location

Pittsburgh, PA, US