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Third Party Risk Management Jobs in Naperville, IL

BMO Capital Markets

Third Party Risk Manager

Chicago, IL · On-site

$57K - $106K/yr

Management of risk stakeholder program execution and interaction with Third Party Risk Specialists/Supplier Managers to manage and pursue completion of past due programs with escalation, as ...

Bank of Montreal

Third Party Risk Manager

Chicago, IL · On-site

$74K - $138K/yr

Business Management In-depth knowledge of Global Third-Party Risk Management processes, lifecycle, and third-party risk to support effective and proactive compliance with regulatory obligations in ...

Bank of Montreal

Third Party Risk Manager

Chicago, IL · On-site

$57K - $106K/yr

Management of risk stakeholder program execution and interaction with Third Party Risk Specialists/Supplier Managers to manage and pursue completion of past due programs with escalation, as ...

Crowe LLP

Third Party Risk Manager

Chicago, IL · On-site

In management at Crowe, you play a pivotal role in leading teams, guiding project execution, and ... The Third Party Risk Manager position will be primarily responsible for managing and leading the ...

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$51.4K

$111.4K

$169.7K

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

As of Aug 20, 2026, the average yearly pay for third party risk management in Naperville, IL is $111,390.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,900.00 and $128,800.00 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 the most commonly searched types of Third Party Risk Management jobs in Naperville, IL?

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

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

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

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

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

What cities near Naperville, IL are hiring for Third Party Risk Management jobs?

Cities near Naperville, IL 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 Naperville, IL as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, and 2% Contract. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $111,390 per year, or $53.6 per hour.

Third-Party Risk Management Specialist

Cboe Global Markets

Chicago, IL • On-site

$101K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 17 days ago

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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