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Third Party Risk Management Jobs in Reston, VA (NOW HIRING)

This role is focused on third-party risk management within the financial services sector. The selected candidate will work alongside the Governance Advisor to drive the execution of the Enterprise ...

... of third-party risk identification, assessment, mitigation, and reporting across NIPRNet, SIPRNet, and JWICS environments in compliance with DoW SCRM policy, Risk Management Framework requirements ...

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Third Party Risk Management information

See Reston, VA salary details

$53.6K

$116.1K

$176.9K

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

As of Jun 29, 2026, the average yearly pay for third party risk management in Reston, VA is $116,058.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,600.00 and $134,200.00 per year, depending on experience, location, and employer.

What is a Third Party Risk Management job?

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 is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $150,000 annually. These roles require extensive experience, advanced certifications like FRM or CRM, and strong leadership skills in overseeing enterprise-wide risk strategies.

What is the role of a third party Risk Manager?

A third party Risk Manager is responsible for identifying, assessing, and mitigating risks associated with an organization’s external vendors and partners. They develop risk management strategies, conduct due diligence, and monitor third-party compliance to protect the organization from potential threats and ensure contractual obligations are met. Strong analytical skills and knowledge of risk assessment tools are essential in this role.

What is 3rd party risk management?

Third party risk management is the process of identifying, assessing, and mitigating risks associated with external vendors, suppliers, or partners that an organization relies on. It involves evaluating third parties' security, compliance, and operational practices to protect the organization from potential threats and disruptions. Professionals in this field often use risk assessment tools and frameworks to ensure third-party relationships do not compromise organizational integrity.

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 the Third Party Risk Management position, 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 TPRM a good career?

Third Party Risk Management (TPRM) is a growing field focused on assessing and mitigating risks from external vendors and partners. It requires skills in compliance, cybersecurity, and risk assessment, often involving certifications like CTPRP or CRISC. The role offers opportunities in various industries and can lead to advancement in risk and compliance management careers.
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Procurement Risk & Compliance Lead

Procurement Risk & Compliance Lead

S&P Global

Centreville, VA

$155K/yr

Full-time

Posted 27 days ago


S&P Global rating

8.1

Company rating: 8.1 out of 10

Based on 6 frontline employees who took The Breakroom Quiz


Job description

The Role:

Mobility Global is developing and building its third-party governance framework to support regulatory compliance, information security, and enterprise risk management.

Reporting to the Global Head of Procurement, the Procurement Risk & Compliance Lead, will lead a small team responsible for the operational implementation of the Company's vendor risk management process within Procurement. While Legal Risk & Compliance will design and maintain the enterprise risk framework, this role will be responsible for developing and building the third-party risk management function inside of procurement, aligning with enterprise risk domain owners (information security, HR, ethics and compliance, and finance), monitoring and mitigating supplier risk, and ensure proper governance across the procurement function.

This role serves as the operational bridge between Procurement, Legal, Risk & Compliance, and Information Security.

Responsibility and Impact:

Vendor Risk Process Operationalization

  • Translate the enterprise vendor risk framework into scalable procurement processes and policies.
  • Work with risk domain owners to define intake requirements and risk-tiering triggers for vendor engagements.
  • Monitor the TPRM process and ensure timely completeness of the risk reviews by the applicable risk domain owners.
  • Drive continuous improvement in vendor risk governance processes.
  • Maintain vendor risk attributes, classifications, and documentation repositories.
  • Partner with Finance Systems and IT to enhance automation and reporting.
  • Develop dashboards and reporting to monitor review completion, SLAs, and compliance trends.

Policy & Documentation Development

  • Draft and maintain procurement-facing vendor risk policies and SOPs.
  • Conduct training sessions for business stakeholders.

Risk Review Coordination & Enforcement

  • Monitor review timelines and escalate exceptions.
  • Maintain documentation of approvals, conditions, and remediation requirements.
  • Track and report compliance metrics to Procurement and Finance leadership.

Audit & Compliance Support

  • Maintain audit-ready documentation of vendor risk approvals and workflows.
  • Support SOX-related vendor governance controls where applicable.
  • Partner with Internal Audit on third-party risk assessments.
  • Support remediation efforts tied to vendor governance findings.
  • Promote a culture of governance and risk awareness.

What We're Looking For:

Basic Required Qualifications:

  • Bachelor's degree in Business, Supply Chain, Risk Management, Finance, or related field or equivalent relevant experience.
  • 7 to 10+ years of experience in Procurement, Third-Party Risk, Compliance, or Governance.
  • Experience in a publicly traded organization required.
  • Strong understanding of third-party risk domains, including:
    • Information security
    • Data privacy
    • Regulatory and compliance risk
    • Operational and financial risk
  • Experience developing policy documentation and process controls.
  • Strong systems and workflow configuration experience.
  • Must be a results-focused team player and adapt well to a multitasking, fast paced environment with changing priorities and challenges
  • Strong organizational, presentation and communication skills.
  • Experience working cross-functionally with Technology, Legal, Finance, and Risk teams.

Additional Preferred Qualifications:

  • Experience with LogicGate or similar TPRM tool
  • Governance-oriented with strong attention to detail.
  • Systems-minded and process-driven.
  • Confident cross-functional influencer.
  • Able to enforce controls in a collaborative but firm manner.
  • Comfortable operating in a transformation-oriented, post-spin environment.

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!

It is the policy of Mobility to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Mobility will provide reasonable accommodations for qualified individuals with disabilities.