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Third Party Risk Management Jobs in Philadelphia, PA

Third Party Risk Analyst About the role As a Third-Party Risk Analyst on Vanguard's Third-Party Risk Management (TPRM) Assessment Management team, you'll play an important role in helping Vanguard ...

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Third Party Risk Management information

See Philadelphia, PA salary details

$52K

$112.6K

$171.5K

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

As of Aug 24, 2026, the average yearly pay for third party risk management in Philadelphia, PA is $112,570.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,800.00 and $130,200.00 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 Philadelphia, PA?

The most popular types of Third Party Risk Management jobs in Philadelphia, PA are:

What are popular job titles related to Third Party Risk Management jobs in Philadelphia, PA?

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

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

The top searched job categories for Third Party Risk Management jobs in Philadelphia, PA are:

What cities near Philadelphia, PA are hiring for Third Party Risk Management jobs?

Cities near Philadelphia, PA with the most Third Party Risk Management job openings:

Infographic showing various Third Party Risk Management job openings in Philadelphia, PA as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, and 3% Contract. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $112,570 per year, or $54.1 per hour.

Third-Party Risk Management (TPRM) Specialist

Marlabs LLC

Philadelphia, PA โ€ข On-site

$99K/yr

Other

Posted 11 days ago


Job description

Job Title: Third-Party Risk Management (TPRM) Specialist

Location: NYC, Philadelphia - Onsite 3 days a week

Duration: Fulltime

JOB SUMMARY

Client is seeking a Senior Specialist, Third-Party Risk Management (TPRM), to support the identification, assessment, and oversight of third-party risk across the lifecycle.

This role partners across the enterprise to execute and strengthen Client s TPRM framework using a risk-based approach.

The position supports due diligence, monitoring, reporting, and stakeholder engagement for vendors, suppliers, contractors, and other third parties.

Key Responsibilities

  • Coordinate third-party risk assessments, due diligence, and lifecycle oversight
  • Support TPRM policies, standards, controls, and program improvements
  • Partner with stakeholders to track findings, remediation actions, monitoring activities, and reporting metrics
  • Support governance reporting, first line training and continuous improvement initiatives

Qualifications

Required

  • Bachelor s degree in a related field
  • 3 6+ years of experience in third-party risk, enterprise risk, compliance, audit, or operational risk
  • Working knowledge of risk frameworks, governance, and controls
  • Project Management Skills

Preferred

  • Experience in financial services or another regulated industry
  • Familiarity with third-party risk tools and due diligence practices
  • Relevant certifications are a plus
  • GRC Tool experience
  • Logic Gate experience
  • Gen AI

Skills & Competencies

  • Strong analytical, communication, and stakeholder management skills
  • Sound judgment and a risk-based mindset
  • Strong organization, attention to detail, and continuous improvement focus

Thanxs & Regards,

Harjeet Singh

Marlabs LLC. | One Corporate Place South | Piscataway, NJ 08854

Tel: X1496 | Cell: | Fax: |

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