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Third Party Risk Management Jobs in Silver Spring, MD

CYNET SYSTEMS

Sr. Risk Management Analyst

Washington, DC · On-site

$58 - $63/hr

Govern and support associates in the completion of third party risk assessments and control self ... Track, monitor, and manage identified issues and maintain documentation for re-performance ability.

Tower

Risk Management Coordinator

Laurel, MD · On-site

The Risk Management Coordinator evaluates operational, third-party, and enterprise risks; analyzes complex data and risk information; identifies trends and emerging risks; and develops ...

Default Brand

Risk Management Coordinator

Laurel, MD · On-site

$70 - $90/hr

The Risk Management Coordinator evaluates operational, third-party, and enterprise risks; analyzes complex data and risk information; identifies trends and emerging risks; and develops ...

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Third Party Risk Management information

See Silver Spring, MD salary details

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$175.2K

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

As of Sep 2, 2026, the average yearly pay for third party risk management in Silver Spring, MD is $114,971.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,800.00 and $132,900.00 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 Silver Spring, MD?

For Third Party Risk Management jobs in Silver Spring, MD, the most frequently searched job titles are:

What job categories do people searching Third Party Risk Management jobs in Silver Spring, MD look for?

The top searched job categories for Third Party Risk Management jobs in Silver Spring, MD are:

What cities near Silver Spring, MD are hiring for Third Party Risk Management jobs?

Cities near Silver Spring, MD 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 Silver Spring, MD as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, and 3% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $114,971 per year, or $55.3 per hour.

Sr. Risk Management Analyst

CYNET SYSTEMS

Washington, DC • On-site

$58 - $63/hr

Contractor

Medical, Dental, Vision, Life, Retirement

Posted 13 days ago

Job description

Job Overview:

Pay Range: $58.00hr - $63.00hr

Requirement/Must Have:

  • Bachelor’s Degree or 4 years of additional relevant work experience in lieu of a degree.
  • 5+ years of experience in a risk management, third party risk management, audit, compliance, security governance or legal services role.
  • Hands on Service Now IRM and TPRM Experience.
  • Capabilities and experience in performing independent assessments, including compliance & legal reviews, contract reviews, testing controls, and developing & reviewing assessment reports.
  • Proficiency in general project management skills relevant to performing assessment functions and responsibilities.
  • Strong verbal and written communication skills.

Responsibilities:

  • Provide advisory support in the completion of divisional risk assessments.
  • Govern and support associates in the completion of third party risk assessments and control self-assessments to ensure the adequacy of controls in place to safeguard the organization.
  • Track, monitor, and manage identified issues and maintain documentation for re-performance ability.
  • Leverage Governance Risk and Compliance tools and repositories such as Service Now IRM, TPRM, and Compliance 360.
  • Contribute to the repository of best practices and tools/accelerators related to third party risk assessments, operational risk assessments, and control self-assessments.
  • Partner with business owners across the enterprise to serve as a subject matter expert in the identification of issues and concerns.
  • Proactively identify risk management, control efficiency and effectiveness, and process improvement opportunities to improve the enterprise risk culture.
  • Track and monitor evolving risks and threats maintained within the centralized risk register.
  • Collaborate with business owners to identify and contribute to a centralized inventory of processes, controls, and process-level risks.
  • Support maintenance of the centralized repository for third party relationships including accountable business owners, inherent risk, and tiering.
  • Ensure compliance with the Third Party Risk Management (TPRM) framework and standards regarding data protection, privacy, and access.
  • Support completion of due diligence on third party controls in collaboration with subject matter resources across relevant risk domains.
  • Collaborate with internal teams to define and establish frameworks such as Compliance, Risk Assessment, and Risk Governance.
  • Maintain frameworks to meet industry standards including NIST and HITRUST.
  • Contribute to the development of enterprise-wide training and awareness materials regarding risk management tools and processes.
  • Provide support to ensure compliance with the established Common Compliance Framework (CCF).
  • Contribute to the development of enterprise reporting and dashboards for monitoring and analysis of process-level risks, controls, and compliance activities.

Nice to Have:

  • Possess or in the process of obtaining a relevant risk or business certification such as CPA, CIA, CISA, or CISM.

Skills:

  • Service Now IRM.
  • Service Now TPRM.
  • Risk Management.
  • Third Party Risk Management.
  • Compliance 360.
  • NIST.
  • HITRUST.
  • Audit.
  • Security Governance.
  • Project Management.
  • Independent Assessments.
  • Control Testing.

Qualification And Education:

  • Bachelor’s Degree in a relevant field.
  • Advanced problem-solving skills and ability to work independently or within a team.
  • Demonstrated judgment, tact, initiative, accuracy, trustworthiness, and integrity.

Benefits:

Our Benefits Include:

  • Medical, Dental, and Vision Insurance
  • 401(k) Retirement Plan
  • Health Savings Account (HSA)
  • Disability Insurance (Short-Term and Long-Term)
  • Life and AD&D Insurance
  • Paid Sick Leave (where required by applicable state or local law)
  • Supplemental Insurance Plans
  • Identity Theft Protection
  • Pet Insurance
  • Employee Wellness Programs
  • Employee Assistance Program (EAP)
  • Career Growth and Professional Development Opportunities

Disclaimer: Benefits eligibility, accrual rates, and usage limits may vary based on employment status, length of service, and work location. Paid Sick Leave is provided in strict accordance with applicable state and municipal mandates. Cynet Systems Inc. reserves the right to modify, amend, or terminate any benefit plans at any time in accordance with applicable laws.


About Cynet Systems


Founded in 2010 and headquartered in the Washington, DC metro area, Cynet Systems Inc. is a leading technology staffing and workforce solutions company serving Fortune 500 companies, government agencies, and enterprise organizations across the United States and Canada. We deliver agile, scalable talent solutions across IT, engineering, life sciences, clinical, and professional staffing, powered by a high-performing recruitment engine operating across North America and Asia.

As a nationally and locally certified Minority Business Enterprise (MBE), Cynet Systems is committed to helping organizations build high-performing teams while empowering professionals to grow rewarding careers. Our organization is certified to ISO 9001, ISO 14001, ISO 27001, and SOC 2 Type II standards, reflecting our commitment to quality, security, operational excellence, and customer success.

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About Cynet Systems

Sourced by ZipRecruiter

Cynet Systems Inc is a staffing and recruiting corporation nestled in Ashburn, VA, USA. Established in 2010, the company operates within the Information Technology and Services sector, specializing in providing effective workforce solutions to different business needs, including IT consulting, direct hire, and contract staffing services. Through the years, Cynet Systems has built an impressive portfolio, going beyond borders and expanding its operations internationally in Canada and India. Rooted in its core values of teamwork, leadership, and commitment, Cynet Systems helps businesses unlock their full potential by providing versatile and competent professionals that perfectly align with their needs. Fueled by their unwavering mission to deliver top-tier talent to businesses worldwide, Cynet Systems garnered various recognitions including SIA's fastest-growing staffing firms and Best Place to Work in Virginia for 2019.

Industry

It services

Company size

501 - 1,000 Employees

Headquarters location

Sterling, VA, US

Year founded

2010

Social media

Twitter

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