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Third Party Risk Manager Jobs in Minnesota (NOW HIRING)

Responsibilities The Third-Party Risk Management (TPRM) Lead is responsible for executing third-party risk management activities across a portfolio of vendors, with primary focus on Critical, Very ...

You will be responsible for the full lifecycle of third-party risk management, including identifying, assessing, mitigating, and monitoring risks to ensure our programs and business operations remain ...

Third Party Risk Analyst

Minneapolis, MN · On-site

$78K - $112K/yr

Create and manage reporting that provides leadership with clear insights into third-party risk posture, trends, and key performance indicators (KPIs). Risk Assessment & Due Diligence * Conduct ...

Third Party Risk Analyst

Minneapolis, MN · On-site

$78K - $112K/yr

Create and manage reporting that provides leadership with clear insights into third-party risk posture, trends, and key performance indicators (KPIs). Risk Assessment & Due Diligence * Conduct ...

Third Party Risk Lead Job Locations US-MN-Lake Elmo | US-IL-Chicago | US-IN-Evansville Category ... Responsibilities The ThirdParty Risk Management (TPRM) Lead is responsible for executing thirdparty ...

The ThirdParty Risk Management (TPRM) Lead is responsible for executing thirdparty risk management ... Key Accountabilities Third Party Risk Management * Provide guidance and support to business ...

Risk Manager

Bloomington, MN · Hybrid

$93K - $122K/yr

The Risk Manager partners closely with the Director of Risk Management to support the ... Manage the third-party administrator (TPA) to drive claim strategy, reserve adequacy, and timely ...

Risk Manager

Bloomington, MN · On-site

$93K - $122K/yr

The Risk Manager partners closely with the Director of Risk Management to support the ... Manage the third-party administrator (TPA) to drive claim strategy, reserve adequacy, and timely ...

Risk Manager

Bloomington, MN · On-site

$93K - $122K/yr

The Risk Manager partners closely with the Director of Risk Management to support the ... Manage the third-party administrator (TPA) to drive claim strategy, reserve adequacy, and timely ...

Partner with crossfunctional risk teams to ensure alignment with Model Risk Management, Third Party Risk Management, Enterprise Data Governance, and other enterprise policies and programs to drive ...

Cyber Manager - ServiceNow

Minneapolis, MN · On-site

$115K - $156K/yr

... Third-Party Risk Management workstreams in partnership with architects and product owners • Managing stakeholder engagement and executive communications; facilitating decisions, change control, and ...

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Third Party Risk Manager information

See Minnesota salary details

$50.4K

$109.3K

$166.5K

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

As of Jul 8, 2026, the average yearly pay for third party risk manager in Minnesota is $109,259.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,100.00 and $126,300.00 per year, depending on experience, location, and employer.

What is the difference between Third Party Risk Manager vs Vendor Risk Analyst?

AspectThird Party Risk ManagerVendor Risk Analyst
CredentialsCertifications like CRISC, CTPRP often preferredCertifications such as CRISC, CTPRP common
Work EnvironmentOversees multiple vendors and third-party relationships at strategic levelFocuses on assessing specific vendor risks and compliance
Employer & Industry UsageUsed in finance, healthcare, and large corporations managing third-party risksCommon in IT, finance, and procurement departments
Search & Comparison IntentOften compared for broader risk management rolesCompared for detailed vendor risk assessments

The Third Party Risk Manager oversees the overall risk associated with third-party vendors, focusing on strategic risk mitigation. The Vendor Risk Analyst concentrates on evaluating individual vendors' risks and compliance. While both roles require similar certifications and work in related environments, the Risk Manager has a broader scope, whereas the Analyst specializes in detailed assessments.

What are the key skills and qualifications needed to thrive as a Third Party Risk Manager, and why are they important?

To thrive as a Third Party Risk Manager, you need a strong background in risk assessment, vendor management, and regulatory compliance, often supported by a degree in business, finance, or a related field. Familiarity with risk management frameworks, tools like GRC (Governance, Risk, and Compliance) platforms, and relevant certifications such as CTPRP (Certified Third Party Risk Professional) are highly beneficial. Excellent communication, analytical thinking, and stakeholder management skills set top performers apart in this role. These competencies are crucial for effectively identifying, mitigating, and communicating third-party risks to protect organizational assets and ensure regulatory compliance.

What is a Third Party Risk Manager?

A Third Party Risk Manager is a professional responsible for identifying, assessing, and mitigating risks associated with an organization's external vendors, suppliers, or partners. Their main job is to ensure that third-party relationships do not expose the company to undue financial, operational, regulatory, or reputational risk. This includes evaluating vendor security practices, monitoring compliance with contracts and regulations, and developing risk management policies. Third Party Risk Managers often collaborate with legal, procurement, and IT teams to safeguard the organization's interests. Their work is crucial in today's interconnected business environment, where companies increasingly rely on third-party services and products.

How does a Third Party Risk Manager typically collaborate with other departments to manage vendor risks?

A Third Party Risk Manager works closely with teams such as procurement, legal, IT security, and compliance to assess and monitor the risks associated with external vendors. They coordinate with these departments to perform due diligence, review contracts, and establish ongoing monitoring processes. Regular cross-functional meetings and clear communication channels are essential, as the role often requires aligning risk management strategies with organizational objectives and ensuring that vendor-related risks are identified and mitigated promptly.
What are popular job titles related to Third Party Risk Manager jobs in Minnesota? For Third Party Risk Manager jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Third Party Risk Manager jobs in Minnesota look for? The top searched job categories for Third Party Risk Manager jobs in Minnesota are:
What cities in Minnesota are hiring for Third Party Risk Manager jobs? Cities in Minnesota with the most Third Party Risk Manager job openings:
Infographic showing various Third Party Risk Manager job openings in Minnesota as of July 2026, with employment types broken down into 85% Full Time, 13% Part Time, 1% Temporary, and 1% Contract. Highlights an 86% Physical, 1% Hybrid, and 13% Remote job distribution, with an average salary of $109,259 per year, or $52.5 per hour.
Third Party Risk Lead

Third Party Risk Lead

Old National Bank

Lake Elmo, MN • On-site

$165K/yr

Full-time

Medical, Dental, Vision, Retirement

Posted 15 days ago


Old National Bank rating

8.0

Company rating: 8.0 out of 10

Based on 36 frontline employees who took The Breakroom Quiz

55th of 145 rated banks


Job description

Overview
Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.
We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.
Responsibilities
The Third-Party Risk Management (TPRM) Lead is responsible for executing third-party risk management activities across a portfolio of vendors, with primary focus on Critical, Very High, and High risk third-party relationships, in support of the Bank's Third-Party Risk Management policies, standards, and program. This role serves as a subject-matter expert and escalation point within the TPRM team, ensuring complex risk assessments, issues, and remediation activities are executed in alignment with regulatory expectations and Bank
standards
Salary Range
The salary range for this position is $81,700/yr - $165,100/yr plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.
Key Accountabilities
Third Party Risk Management
  • Provide guidance and support to business segments on third-party risk management expectations, requirements, and best practices throughout the third-party lifecycle.
  • Actively support implementation and ongoing execution of the Third-Party Risk Management (TPRM) Program across the third-party relationship portfolio.
  • Conduct formal third-party reviews in accordance with TPRM policies, standards, and procedures.
  • Identify, document, track, and report third-party risks and issues through remediation, exception or formal risk acceptance.
  • Monitor adherence to corporate standards and expectations throughout the third-party review process.
  • Escalate concerns when risks, issues, or remediation efforts are insufficient or delayed.
  • Work cross-functionally with all lines of business to support a collaborative and effective third-party review process.
  • Support management of the centralized third-party risk management platform, ensuring accurate, timely, and complete documentation.
  • Maintain third-party records, assessment results, issues, and supporting documentation within the system of record.
  • Assist with preparation of management reporting, metrics, and dashboards related to third-party risk.
  • Support the review of third-party agreements by providing standard contract requirements informed by third-party risk assessments.
  • Assist with internal and external audits, regulatory exams, and independent reviews related to third-party risk management activities.
  • Mentor and provide knowledge-sharing support to other third-party risk management team members.

Other
  • Execute special projects and additional assignments as requested to support Third-Party Risk Management and Enterprise Risk Management objectives.
  • Contribute to the ongoing development, implementation, and maturation of third-party risk management processes, training materials, and support resources.
  • Develop and maintain effective working relationships with stakeholders across the Bank to promote collaboration and consistent application of third-party risk management expectations.

Key Competencies for Position
People Leadership:
  • Coach & Empower Others: Provides timely feedback, support, and guidance to encourage and support associates to accomplish tasks, solve problems, and enhance their professional development.
  • Gaining Agreement: Uses appropriate interpersonal styles and techniques to gain acceptance of ideas or plans; modifies one's own behavior to accommodate tasks, situations and individual's involved.

Culture Leadership:
  • Communication/Climate Setting: Shares information, maintaining emotional intelligence, tailoring the delivery to the audience, selecting appropriate delivery methods.
  • Culture & Values Leadership: Demonstrates Old National's culture in daily interactions and encourages associates to live by our culture and core values.

Execution Leadership:
  • Drive and Execution- Committed to achieving established goals, overcoming obstacles, and continuously learning to improve performance.
  • Establish Plans & Priorities: Ability to determine a course of action and establish a timeframe to complete individual objectives and team goals.
  • Performance/Monitoring/Measurement: Focuses on personal and team performance to achieve goals and line of business objectives.
  • Accountability: Accepts full responsibility for self and contribution as a team member; follows through on commitments; implements decisions that have been agreed upon; acknowledges and learns from mistakes without blaming others; recognizes the impact of his/her behavior on others.

Qualifications and Education Requirements
  • Bachelor's degree in business, project management, accounting, or related field.
  • 6+ years of experience in third-party risk management, operational risk, audit, or related risk disciplines.
  • Demonstrated ability to drive the End-to-End third-party lifecycle. This includes intake/onboarding, due diligence, ongoing monitoring, issue management/remediation and exit planning
  • Preferred certifications: CTPRP, CPA, CIA, CISA
  • Foundational understanding of risk management concepts, including exposure to policies, standards, and procedures.
  • General knowledge of banking operations and technology processes; prior experience in a regulated environment preferred.
  • Familiarity with key third-party risk and regulatory requirements (e.g., GLBA, SOX, PCI, HIPAA) and related compliance expectations.
  • Basic understanding of information security, cybersecurity concepts, and technology risks impacting third-party relationships.
  • Strong attention to detail with the ability to analyze information, identify issues, and document risks clearly.
  • Ability to manage multiple tasks and priorities in a fast-paced environment while meeting timelines.
  • Effective written and verbal communication skills, including the ability to prepare documentation and support risk reporting.
  • Demonstrated ability to work collaboratively and build productive working relationships across teams.
  • Proficiency in Microsoft Office applications, including Word, Excel, PowerPoint, and Visio.

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.
As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.
We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.
Our culture is firmly rooted in our core values.
We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.
We are Old National Bank. Join our team!

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