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Third Party Risk Manager Jobs in Detroit, MI (NOW HIRING)

Third-Party Risk Management (TPRM) * 10+ years of demonstrated deep technical expertise in ServiceNow, typically evidenced by advanced ServiceNow certifications (e.g., Certified Application Developer ...

Third-Party Risk Management (TPRM) * 10+ years of demonstrated deep technical expertise in ServiceNow, typically evidenced by advanced ServiceNow certifications (e.g., Certified Application Developer ...

Solutions Architect, Commercial

Detroit, MI · Remote

$62.25 - $82.25/hr

Background in supply chain risk management (SCRM), third-party risk (TPRM), or cyber-related risk is strongly preferred. * Technical Understanding: Able to discuss architecture, integrations, and ...

... Management Excellent analytical skills. Excellent written and oral communication skills. Excellent presentation skills Risk Business Analyst III At Fifth Third, we understand the importance of ...

Showing results 41-60

Third Party Risk Manager information

See Detroit, MI salary details

$51K

$110.4K

$168.3K

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

As of Aug 9, 2026, the average yearly pay for third party risk manager in Detroit, MI is $110,436.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,100.00 and $127,700.00 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?

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 cities near Detroit, MI are hiring for Third Party Risk Manager jobs? Cities near Detroit, MI with the most Third Party Risk Manager job openings:
Infographic showing various Third Party Risk Manager job openings in Detroit, MI as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $110,436 per year, or $53.1 per hour.

Risk Management Manager - Controlled Insurance Programs (OCIP)

Walbridge

Detroit, MI • On-site

Full-time

Posted 18 days ago


Walbridge rating

8.6

Company rating: 8.6 out of 10

Based on 6 frontline employees who took The Breakroom Quiz


Job description

As the Risk Management Manager, Controlled Insurance Programs, you will lead the strategic oversight, internal coordination, financial performance, and governance of Walbridge’s Controlled Insurance Program (CIP) portfolio, including compliance with Owner Controlled Insurance Program requirements for projects in which the enterprise is enrolled. You will serve as the primary leader and point of accountability for CIP administration, working closely with executive leadership, including the CFO and General Counsel, to ensure effective program governance, compliance, cost control, risk mitigation, and alignment with project delivery and business development objectives.

This position is ideal for an experienced risk management leader with strong financial acumen, construction insurance expertise, and the ability to lead cross-functional stakeholders, manage external partners, and translate complex insurance and financial data into clear, actionable insights for project teams and senior leadership.

Location

You will work from our Enterprise headquarters in Detroit, MI


CIP Governance & Strategic Oversight

  • Lead enterprise governance and internal accountability for all CCIP and OCIP-related project requirements.
  • Manage broker and program administrator execution of contractor enrollment, payroll tracking, compliance, reporting, claims coordination, and closeout activities.
  • Establish, review, and continuously improve CIP processes, controls, and deliverables to ensure accuracy, timeliness, contractual compliance, and operational consistency.
  • Lead issue resolution and escalation for program matters impacting project teams, subcontractors, owners, financial performance, or enterprise risk exposure.

Program Administration Oversight

  • Direct proper setup of CCIP projects, including scope definition, eligibility requirements, program documentation, and coordination of kick-off and pre-bid meetings.
  • Oversee enrollment metrics, bid deduct processes, payroll submissions, certificate issuance, renewals, reporting, and subcontractor closeout activities.
  • Monitor subcontractor compliance trends, evaluate program risks, and direct corrective actions in partnership with project leadership, brokers, and administrators.
  • Develop consistent documentation, training, and reporting standards to support scalable CIP administration across the enterprise.

Financial Management, Forecasting & Analytics

  • Develop and maintain CCIP financial models, including enrollment assumptions, payroll projections, loss forecasts, cost allocation, and overall program cost tracking.
  • Monitor program performance against budget and forecast, identifying financial risks, cost-saving opportunities, and business impacts for leadership review.
  • Partner with Finance, Project Controls, project teams, and brokers to reconcile CIP costs, credits, allocations, and related reporting requirements.
  • Prepare and present financial updates, program insights, audit support, and recommendations to senior leadership.

Communication & Stakeholder Management

  • Serve as the primary enterprise liaison between project teams, executive leadership, insurance brokers, program administrators, carriers, owners, and internal business partners.
  • Provide leadership, coaching, and guidance to Project Executives, Project Managers, Estimating, Finance, and operational teams on CIP requirements, processes, and responsibilities.
  • Champion consistent communication practices, documentation standards, and continuous improvement across all CIP projects.

To Qualify for the Role, You Must Have

  • Bachelor’s degree in Risk Management, Finance, Construction Management, Business, or a related field, or equivalent experience.
  • 8+ years of experience in construction risk management, insurance programs, controlled insurance programs, or wrap-up administration.
  • Direct experience with CCIPs and/or OCIPs, including enrollment, payroll, compliance, reporting, and closeout processes.
  • Demonstrated experience managing brokers, third-party administrators, carriers, consultants, or professional service providers.
  • Strong financial acumen with experience in forecasting, budgeting, cost analysis, reporting, and presenting recommendations to leadership.
  • Proven ability to lead cross-functional initiatives, influence stakeholders, resolve complex issues, and drive process improvement.
  • Valid driver’s license required.

Ideally, You’ll Also Have

  • Experience working for a General Contractor, large construction manager, owner, carrier, broker, or administrator supporting complex construction insurance programs.
  • Familiarity with wrap-up administration platforms, insurance reporting tools, claims reporting, and enterprise risk management practices.
  • Experience supporting CIP-related sales efforts, project pursuit activities, owner presentations, or executive-level program reviews.
  • Leadership experience developing processes, training materials, reporting standards, or team capability in a matrixed environment.

Why Join Us

  • Lead a high-impact program that supports the strategic oversight, compliance, and financial performance of enterprise insurance programs.
  • Partner closely with executive leadership, project teams, Finance, Legal, brokers, carriers, and external stakeholders.
  • Drive risk management excellence across complex, high-impact construction projects.
  • Build scalable processes, improve program visibility, and help shape the future of controlled insurance program management at Walbridge.

Walbridge is an equal opportunity employer with a culture that promotes diversity, equity, and inclusion in the workforce. We provide equal employment opportunities to all qualified employees and applicants for employment without regard to race, color, national origin, sex, religion, age, marital status, sexual orientation, gender identity, citizenship status, status as an individual with a disability, military, or protected veteran status, or any other legally protected status. We prohibit discrimination in decisions concerning career development, recruitment, hiring, compensation, benefits, training, termination, promotions, or any other condition of employment.


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