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

Fanniemae

Third Party Risk Management Advisor

Plano, TX · Hybrid

$141K - $184K/yr

In this highly influential role, you will contribute to the continued advancement of Third Party Risk Management (TPRM) capabilities, policies, governance, and operating practices. You will work ...

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Third Party Risk Management information

See Plano, TX salary details

$48.1K

$104.3K

$158.9K

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

As of Sep 5, 2026, the average yearly pay for third party risk management in Plano, TX is $104,287.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,100.00 and $120,600.00 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 Plano, TX?

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

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

The top searched job categories for Third Party Risk Management jobs in Plano, TX are:

What cities near Plano, TX are hiring for Third Party Risk Management jobs?

Cities near Plano, 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 Plano, TX as of August 2026, with employment types broken down into 95% Full Time, and 5% Contract. Highlights an 88% In-person, 7% Hybrid, and 5% Remote job distribution, with an average salary of $104,287 per year, or $50.1 per hour.

Third Party Risk Management Analyst

3B Staffing LLC

Mckinney, TX

Full-time

Posted 13 days ago

Job description

Responsibilities

  • Lead the end-to-end third-party risk assessment lifecycle, including onboarding, periodic reviews, and offboarding.
  • Develop and maintain TPRM policies, procedures, and workflows aligned with regulatory and industry standards (e.g., PCI, NIST, ISO 27001, SOC 2).
  • Conduct risk assessments and due diligence for new and existing vendors, identifying control gaps and recommending remediation.
  • Collaborate with Procurement, Legal, and Business Units to ensure security requirements are embedded in contracts and vendor selection.
  • Monitor and report on third-party risk metrics, trends, and compliance posture to senior leadership.
  • Maintain and optimize GRC tools (AuditBoard, Archer) to support risk assessments, documentation, and reporting.
  • Support internal and external audits related to third-party risk and overall GRC activities.
  • Stay current with emerging threats, regulatory changes, and best practices in third-party risk and cybersecurity governance.

Qualifications

  • Minimum 5 years of experience in Third-Party Risk Management within an IT Security or GRC function.
  • Strong understanding of risk frameworks and regulatory requirements (e.g., CCPA, HIPAA, PCI-DSS, NIST).
  • Hands-on experience with GRC platforms such as AuditBoard and Archer.
  • Excellent analytical, communication, and stakeholder management skills.
  • Ability to work independently and collaboratively in a fast-paced environment.

Relevant certifications (e.g., CTPRP, CISA, CISSP, CRISC) are a plus.

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