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Third Party Risk Management Jobs in Naperville, IL

Ulta Beauty

Associate Analyst IT Compliance

Bolingbrook, IL · On-site

$93K - $93K/yr

Assists in ensuring documentation remains current and aligned with organizational and regulatory requirements. • Third-Party Risk Management Participates in vendor and third-party risk assessment ...

ElectronX

Head of Risk

Chicago, IL · On-site

$225K - $300K/yr

Stand up the operational risk program covering technology risk, business continuity, and third-party risk management. * Build real-time risk monitoring and surveillance systems that can scale with ...

ElectronX

Head of Risk

Chicago, IL · On-site

$150 - $250/hr

Stand up the operational risk program covering technology risk, business continuity, and third-party risk management. * Build real-time risk monitoring and surveillance systems that can scale with ...

Northern Trust

Business Operational Resilience

Chicago, IL · On-site

$83K - $141K/yr

Build trusted partnerships across Business, Technology, Operations, Risk, Compliance, Internal Audit, and Third Party Risk Management. * Communicate program progress, emerging risks, key milestones ...

Northern Trust

Business Operational Resilience

Chicago, IL · Hybrid

$83K - $141K/yr

Build trusted partnerships across Business, Technology, Operations, Risk, Compliance, Internal Audit, and Third Party Risk Management. * Communicate program progress, emerging risks, key milestones ...

Northern Trust

Business Operational Resilience

Chicago, IL · On-site

$83K - $141K/yr

Build trusted partnerships across Business, Technology, Operations, Risk, Compliance, Internal Audit, and Third Party Risk Management. * Communicate program progress, emerging risks, key milestones ...

Minitab, Inc

Cybersecurity Program Manager

Chicago, IL · On-site

$114K - $154K/yr

Contribute to the full lifecycle of the ISO 27001-certified program, including policy development, risk management, compliance oversight, audit coordination, third-party risk management, incident ...

Minitab

Cybersecurity Program Manager

Chicago, IL · On-site

$114K - $154K/yr

Contribute to the full lifecycle of the ISO 27001-certified program, including policy development, risk management, compliance oversight, audit coordination, third-party risk management, incident ...

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Third Party Risk Management information

See Naperville, IL salary details

$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.

Vice President Firstline Operational Risk Team

Alliant

Chicago, IL • On-site

$179K - $268K/yr

Full-time

Medical, Dental, Vision, Retirement

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

Alliant Insurance Services rating

8.7

Company rating: 8.7 out of 10

Based on 23 frontline employees who took The Breakroom Quiz

70th of 310 rated insurance

Job description

Provide enterprise leadership for a centralized first-line operational risk and governance function support business units across the organization. Accountable for the design, execution, and ongoing maturity of first-line operational risk programs including risk and control assessments, issue management, third-party risk oversight, complaints governance, and quality assurance. Partner with business leaders such as enterprise risk, compliance, legal, and audit to embed risk management into day-to-day operations, strengthen risk ownership, and ensure alignment with regulatory expectations, enterprise risk frameworks, and strategic objectives
Essential Responsibilities
  • Provide end-to-end leadership for the organization's first-line operational risk and governance framework, embedding risk management into business operations and decision-making
  • Own and mature first-line programs including Risk and Control Self-Assessments (RCSAs), operational risk identification and monitoring, issue management, third-party risk oversight, and complaints governance and quality assurance
  • Establish and maintain enterprise-aligned standards, policies, and methodologies for first-line risk management, ensure consistency across business units and alignment with second-line frameworks
  • Guide business leaders through implementation of risk programs, drive accountability for control ownership, issue remediation, and sustainable risk-balanced outcomes
  • Oversee identification, escalation, tracking, and reporting of operational risk issues, control gaps, complaints trends, and emerging risks
  • Lead first-line engagement for regulatory exams, audits, and internal governance forums in partnership with enterprise risk, compliance, legal, and audit
  • Deliver clear, actionable risk reporting to senior leadership and governance committees aligned to risk appetite and business strategy
  • Continuously assess effectiveness of first-line risk execution and recommend enhancements to frameworks, tools, and reporting
  • Plan, oversee and lead the work of the team to meet functional and individual operational objectives and goals. Coach, mentor, and develop staff, including overseeing new employee onboarding and providing career development planning and opportunities. Responsible for hire, fire, performance, discipline and problem-resolution decisions

Education & Years of Experience
  • Minimum - 4 Year Bachelors Degree in Business, Finance, Accounting, Risk Management or related
  • Preferred - Graduate Degree in Business, Finance, Accounting, Risk Management or related
  • Minimum - 15 Years of Operational risk management, governance, audit, compliance, or related functions within a large, regulated financial institution or related
  • Minimum - 8 Years of Leading enterprise or large-segment operational risk programs, including RCSA frameworks and regulatory engagement or related
  • Minimum - 8 Years of People Management

In Lieu of Education
  • 20 + Years of Operational risk management, governance, audit, compliance, or related functions within a large, regulated financial institution. Leading enterprise or large-segment operational risk programs, including RCSA frameworks and regulatory engagement including people management

Compensation & Benefits:
Typical hiring range: $179,100.00 to $268,700.00 Annually. Actual compensation will be determined using factors such as experience, skills & knowledge.
Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match including:
  • Annual performance bonus
  • Work from home up to 3 days a week
  • Paid parental leave
  • Employee discount programs
  • Time off including paid personal and sick days
  • 11 paid holidays
  • Education reimbursement

*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.
Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.
The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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