Enforce strict adherence to Otis procurement processes, supplier governance, risk management ... Benchmark leading third-party machine and motor manufacturers to identify best-in-class ...
Enforce strict adherence to Otis procurement processes, supplier governance, risk management ... Benchmark leading third-party machine and motor manufacturers to identify best-in-class ...
Head of Compliance
Glastonbury, CT · Remote
$129K - $173K/yr
Oversees third-party risk management and vendor compliance programs, particularly related to financial systems, payment providers, and technology platforms. * Provides regular reporting and strategic ...
Quick apply
Head of Compliance
Glastonbury, CT · Remote
$129K - $173K/yr
Oversees third-party risk management and vendor compliance programs, particularly related to financial systems, payment providers, and technology platforms. * Provides regular reporting and strategic ...
Head of Compliance
Glastonbury, CT · On-site +1
$125K - $168K/yr
Oversees third-party risk management and vendor compliance programs, particularly related to financial systems, payment providers, and technology platforms. * Provides regular reporting and strategic ...
Head of Compliance
Glastonbury, CT · On-site +1
$125K - $168K/yr
Oversees third-party risk management and vendor compliance programs, particularly related to financial systems, payment providers, and technology platforms. * Provides regular reporting and strategic ...
Oversee third-party/vendor security assessments and risk management processes * Develop and manage security awareness programs for employees and stakeholders * Provide reporting and updates to ...
Oversee third-party/vendor security assessments and risk management processes * Develop and manage security awareness programs for employees and stakeholders * Provide reporting and updates to ...
This position reports directly to the Manager of Patient Financial Services Accounts Receivables ... third-party payers. Assisting the organization to comply with all federal/state guidelines.
This position reports directly to the Manager of Patient Financial Services Accounts Receivables ... third-party payers. Assisting the organization to comply with all federal/state guidelines.
Case Manager
$20.50 - $26.25/hr
Collaborates with the third party payers to anticipate denial of payment and proactively addresses ... Identifies high risk patients and creates a collaborative plan to address their unique needs. * Key ...
Case Manager
$20.50 - $26.25/hr
Collaborates with the third party payers to anticipate denial of payment and proactively addresses ... Identifies high risk patients and creates a collaborative plan to address their unique needs. * Key ...
Case Manager
Waterbury, CT · On-site
$20.50 - $26.25/hr
Collaborates with the third party payers to anticipate denial of payment and proactively addresses ... Identifies high risk patients and creates a collaborative plan to address their unique needs. * Key ...
Case Manager
Waterbury, CT · On-site
$20.50 - $26.25/hr
Collaborates with the third party payers to anticipate denial of payment and proactively addresses ... Identifies high risk patients and creates a collaborative plan to address their unique needs. * Key ...
Support third-party coordination efforts (railroad, utilities, agencies) as issues arise during ... Risk Management & Proactive Issue Identification * Support ongoing risk identification, risk ...
Support third-party coordination efforts (railroad, utilities, agencies) as issues arise during ... Risk Management & Proactive Issue Identification * Support ongoing risk identification, risk ...
Set up and manage clients within GRC platforms, including applying and maintaining compliance baselines * Perform internal and third-party risk assessments * Create, assign, and track compliance ...
Set up and manage clients within GRC platforms, including applying and maintaining compliance baselines * Perform internal and third-party risk assessments * Create, assign, and track compliance ...
Set up and manage clients within GRC platforms, including applying and maintaining compliance baselines * Perform internal and third-party risk assessments * Create, assign, and track compliance ...
Quick apply
Set up and manage clients within GRC platforms, including applying and maintaining compliance baselines * Perform internal and third-party risk assessments * Create, assign, and track compliance ...
Compliance Administrator
Middletown, CT · On-site
Set up and manage clients within GRC platforms, including applying and maintaining compliance baselines * Perform internal and third-party risk assessments * Create, assign, and track compliance ...
Compliance Administrator
Middletown, CT · On-site
Set up and manage clients within GRC platforms, including applying and maintaining compliance baselines * Perform internal and third-party risk assessments * Create, assign, and track compliance ...
Compliance Administrator
Middletown, CT · On-site
Set up and manage clients within GRC platforms, including applying and maintaining compliance baselines * Perform internal and third-party risk assessments * Create, assign, and track compliance ...
Compliance Administrator
Middletown, CT · On-site
Set up and manage clients within GRC platforms, including applying and maintaining compliance baselines * Perform internal and third-party risk assessments * Create, assign, and track compliance ...
Compliance Administrator
Middletown, CT · On-site
Set up and manage clients within GRC platforms, including applying and maintaining compliance baselines * Perform internal and third-party risk assessments * Create, assign, and track compliance ...
Quick apply
Compliance Administrator
Middletown, CT · On-site
Set up and manage clients within GRC platforms, including applying and maintaining compliance baselines * Perform internal and third-party risk assessments * Create, assign, and track compliance ...
IT Project Manager - SAP
Orange, CT · On-site
$105K - $124K/yr
Experience coordinating multiple technical teams, stakeholders, and third-party vendors * Strong project management, communication, stakeholder management, and risk management skills * Excellent ...
IT Project Manager - SAP
Orange, CT · On-site
$105K - $124K/yr
Experience coordinating multiple technical teams, stakeholders, and third-party vendors * Strong project management, communication, stakeholder management, and risk management skills * Excellent ...
IT Project Manager - SAP
Orange, CT · On-site
$105K - $124K/yr
Experience coordinating multiple technical teams, stakeholders, and third-party vendors * Strong project management, communication, stakeholder management, and risk management skills * Excellent ...
Quick apply
IT Project Manager - SAP
Orange, CT · On-site
$105K - $124K/yr
Experience coordinating multiple technical teams, stakeholders, and third-party vendors * Strong project management, communication, stakeholder management, and risk management skills * Excellent ...
... third party subpoenas, and investigations with extensive document productions. This role provides ... Identify and escalate legal and defensibility risks to Risk Management, clinical leaders, and other ...
... third party subpoenas, and investigations with extensive document productions. This role provides ... Identify and escalate legal and defensibility risks to Risk Management, clinical leaders, and other ...
... third party subpoenas, and investigations with extensive document productions. This role provides ... Identify and escalate legal and defensibility risks to Risk Management, clinical leaders, and other ...
... third party subpoenas, and investigations with extensive document productions. This role provides ... Identify and escalate legal and defensibility risks to Risk Management, clinical leaders, and other ...
People Ops Benefits, Leaves & Compliance Manager
Waterbury, CT · On-site
$90 - $130/hr
... and third-party administrators; leads annual open enrollment activities, communications, and ... provides compliance guidance and risk assessment to promote consistency, fairness, and ...
People Ops Benefits, Leaves & Compliance Manager
Waterbury, CT · On-site
$90 - $130/hr
... and third-party administrators; leads annual open enrollment activities, communications, and ... provides compliance guidance and risk assessment to promote consistency, fairness, and ...
... third party subpoenas, and investigations with extensive document productions. This role provides ... Identify and escalate legal and defensibility risks to Risk Management, clinical leaders, and other ...
... third party subpoenas, and investigations with extensive document productions. This role provides ... Identify and escalate legal and defensibility risks to Risk Management, clinical leaders, and other ...
Property Manager
$65K - $85K/yr
Coordinate with maintenance personnel and third-party vendors to ensure quality work and strong ... Compliance and Risk Management * Help ensure all properties remain in compliance with applicable ...
Quick apply
Property Manager
$65K - $85K/yr
Coordinate with maintenance personnel and third-party vendors to ensure quality work and strong ... Compliance and Risk Management * Help ensure all properties remain in compliance with applicable ...
Third Party Risk Manager information
See Madison, CT salary details
$48.2K - $58.2K
4% of jobs
$58.2K - $68.3K
6% of jobs
$68.3K - $78.4K
11% of jobs
$82.2K is the 25th percentile. Wages below this are outliers.
$78.4K - $88.5K
11% of jobs
The median wage is $96.5K / yr.
$88.5K - $98.5K
23% of jobs
$98.5K - $108.6K
13% of jobs
$115.3K is the 75th percentile. Wages above this are outliers.
$108.6K - $118.7K
12% of jobs
$118.7K - $128.8K
8% of jobs
$128.8K - $138.9K
6% of jobs
$138.9K - $148.9K
4% of jobs
$148.9K - $159K
2% of jobs
$48.2K
$104.3K
$159K
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 Madison, CT is $104,339.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,200.00 and $120,700.00 per year, depending on experience, location, and employer.
What is the difference between Third Party Risk Manager vs Vendor Risk Analyst?
| Aspect | Third Party Risk Manager | Vendor Risk Analyst |
|---|---|---|
| Credentials | Certifications like CRISC, CTPRP often preferred | Certifications such as CRISC, CTPRP common |
| Work Environment | Oversees multiple vendors and third-party relationships at strategic level | Focuses on assessing specific vendor risks and compliance |
| Employer & Industry Usage | Used in finance, healthcare, and large corporations managing third-party risks | Common in IT, finance, and procurement departments |
| Search & Comparison Intent | Often compared for broader risk management roles | Compared 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 Madison, CT are hiring for Third Party Risk Manager jobs? Cities near Madison, CT with the most Third Party Risk Manager job openings:
Team Category Leader - 3rd Party Machines & Sub-Components
Farmington, CT • On-site, Remote
Full-time
Re-posted 19 days ago
Job description
Date Posted:
2026-03-16
Country:
United States of America
Location:
OTSCH: South Carolina Home Offices Remote Location, Remote City, SC, 06032 USA
Develop and implement the global sourcing strategy for Machines & Sub-Components, including gearless machines, motors, encoders, brakes, motor control assemblies, permanent magnets, castings, forgings, machined components, and related electromechanical systems, in alignment with Otis business objectives and product roadmaps. Act as RCL for the given category across Americas Lead the global category organization, including direct management of:
Ensure deployment and execution of category strategies across all regions, driving alignment of supplier strategy, technical standards, product specifications, sourcing governance, and commercial terms. Deliver annual productivity, cost reduction, cash flow, and working capital targets through competitive sourcing, strategic negotiations, should-cost analysis, value engineering, and supplier development initiatives. Lead executive-level supplier negotiations and strategic partnerships with key machine, motor, and electromechanical component suppliers worldwide. Develop global sourcing roadmaps supporting business growth, localization strategies, dual-sourcing initiatives, and long-term supply continuity. Drive category harmonization across regions while balancing regional market requirements, local content initiatives, and product-specific needs.
Operational Support to Sites
Provide operational support to Otis manufacturing facilities, supply chain organizations, and field operations across Americas, EMEA, and China for all machine and strategic component requirements. Monitor supplier On-Time Delivery (OTD), capacity utilization, inventory levels, and logistics performance, driving corrective actions to ensure uninterrupted supply to factories and field operations. Ensure timely and accurate implementation of pricing updates, productivity projects, and contractual agreements in coordination with sourcing teams, finance, operations, and local buyers. Enforce strict adherence to Otis procurement processes, supplier governance, risk management standards, and contractual compliance. Support regional teams in resolving supplier-related challenges, including:
Serve as the executive escalation point for supply-critical incidents and coordinate rapid resolution through cross-functional engagement with suppliers, operations, engineering, quality, and logistics teams. Support business continuity planning and lead recovery actions during major supply chain disruptions, ensuring minimal impact to factory and customer commitments.
Cost, Performance & Supply Base Management
Manage the global supplier base for machines and strategic components, ensuring competitiveness, performance, innovation, and long-term sustainability. Conduct regular supplier business reviews focused on:
Develop and maintain robust should-cost models covering:
Negotiate contracts, commercial agreements, and long-term supply strategies utilizing data-driven cost models and market intelligence. Drive supplier consolidation, standardization initiatives, localization opportunities, and risk mitigation strategies while maintaining compliance with Otis policies. Ensure rigorous Total Cost of Ownership (TCO) management across the full component lifecycle. Build strong collaboration with dotted-line manufacturing and engineering resources located within Otis machine factories globally. Benchmark leading third-party machine and motor manufacturers to identify best-in-class manufacturing practices, technologies, automation methods, productivity drivers, and cost structures. Lead the deployment of identified external best practices across Otis-owned manufacturing facilities to improve:
Establish global manufacturing cost benchmarks and support internal operations in achieving world-class competitiveness versus external suppliers.
Cross-Functional Leadership & Collaboration
Partner closely with Engineering to align sourcing strategies with product roadmaps, technical specifications, qualification requirements, lifecycle management strategies, and future machine technologies. Support New Product Introduction (NPI), localization projects, supplier transfers, redesign activities, and value engineering initiatives. Collaborate with Operations, Manufacturing Engineering, and Continuous Improvement teams to drive productivity and operational excellence across Otis machine manufacturing sites. Build strong synergies across global procurement, engineering, quality, operations, supply chain, and finance organizations to accelerate decision making and execution. Lead global cross-functional teams focused on supply continuity, cost reduction, product competitiveness, and manufacturing excellence. Drive supplier innovation initiatives, technology scouting, and cost-reduction opportunities through collaboration with strategic suppliers and internal stakeholders. Develop and mentor regional category leaders and build a high-performing global category organization capable of supporting Otis' long-term growth objectives. Promote a culture of continuous improvement, knowledge sharing, accountability, and operational excellence across the global Machines & Strategic Components organization.
What You Will Need to Be Successful
If you live in a city, chances are we will give you a lift or play a role in keeping you moving every day.
Otis is the world's leading elevator and escalator manufacturing, installation, and service company. We move 2.4 billion people every day and maintain approximately 2.4 million customer units worldwide, the industry's largest Service portfolio.
You may recognize our products in some of the world's most famous landmarks including the Eiffel Tower, Empire State Building, Burj Khalifa and the Petronas Twin Towers! We are 72,000 people strong, including engineers, digital technology experts, sales, and functional specialists, as well as factory and field technicians, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse, global team with a proven legacy of innovation that continues to be the bedrock of a fast-moving, high-performance company.
When you join Otis, you become part of an innovative global industry leader with a resilient business model. You'll belong to a diverse, trusted, and caring community where your contributions, and the skills and capabilities you'll gain working alongside the best and brightest, keep us connected and on the cutting edge.
We provide opportunities, training, and resources, that build leadership and capabilities in Sales, Field, Engineering and Major Projects and our Employee Scholar Program is a notable point of pride, through which Otis sponsors colleagues to pursue degrees or certification programs.
Today, our focus more than ever is on people. As a global, people-powered company, we put people - passengers, customers, and colleagues - at the center of everything we do. We are guided by our values that we call our Three Absolutes - prioritizing Safety, Ethics, Quality in all that we do. If you would like to learn more about environmental, social and governance (ESG) at Otis click here.
Become a part of the Otis team and help us #Buildwhatsnext!
Otis is An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other protected class according to applicable law. To request an accommodation in completing an employment application due to a special need or a disability, please contact us at careers@otis.com.
Privacy Policy and Terms:
Click on this link to read the Policy and Terms
2026-03-16
Country:
United States of America
Location:
OTSCH: South Carolina Home Offices Remote Location, Remote City, SC, 06032 USA
Develop and implement the global sourcing strategy for Machines & Sub-Components, including gearless machines, motors, encoders, brakes, motor control assemblies, permanent magnets, castings, forgings, machined components, and related electromechanical systems, in alignment with Otis business objectives and product roadmaps. Act as RCL for the given category across Americas Lead the global category organization, including direct management of:
- Regional Commodity Leader (RCL) - EMEA (based in Greece)
- Regional Commodity Leader (RCL) - China (based in China)
Ensure deployment and execution of category strategies across all regions, driving alignment of supplier strategy, technical standards, product specifications, sourcing governance, and commercial terms. Deliver annual productivity, cost reduction, cash flow, and working capital targets through competitive sourcing, strategic negotiations, should-cost analysis, value engineering, and supplier development initiatives. Lead executive-level supplier negotiations and strategic partnerships with key machine, motor, and electromechanical component suppliers worldwide. Develop global sourcing roadmaps supporting business growth, localization strategies, dual-sourcing initiatives, and long-term supply continuity. Drive category harmonization across regions while balancing regional market requirements, local content initiatives, and product-specific needs.
Operational Support to Sites
Provide operational support to Otis manufacturing facilities, supply chain organizations, and field operations across Americas, EMEA, and China for all machine and strategic component requirements. Monitor supplier On-Time Delivery (OTD), capacity utilization, inventory levels, and logistics performance, driving corrective actions to ensure uninterrupted supply to factories and field operations. Ensure timely and accurate implementation of pricing updates, productivity projects, and contractual agreements in coordination with sourcing teams, finance, operations, and local buyers. Enforce strict adherence to Otis procurement processes, supplier governance, risk management standards, and contractual compliance. Support regional teams in resolving supplier-related challenges, including:
- Capacity constraints
- Manufacturing disruptions
- Logistics delays
- Quality issues
- Machine performance concerns
- Encoder and brake reliability issues
- Cost escalations
Serve as the executive escalation point for supply-critical incidents and coordinate rapid resolution through cross-functional engagement with suppliers, operations, engineering, quality, and logistics teams. Support business continuity planning and lead recovery actions during major supply chain disruptions, ensuring minimal impact to factory and customer commitments.
Cost, Performance & Supply Base Management
Manage the global supplier base for machines and strategic components, ensuring competitiveness, performance, innovation, and long-term sustainability. Conduct regular supplier business reviews focused on:
- Cost competitiveness
- Quality performance
- Delivery reliability
- Capacity management
- Continuous improvement
- Sustainability objectives
Develop and maintain robust should-cost models covering:
- Electric motors
- Gearless machines
- Permanent magnets
- Machining operations
- Castings and forgings
- Winding processes
- Brake systems
- Electromechanical assemblies
Negotiate contracts, commercial agreements, and long-term supply strategies utilizing data-driven cost models and market intelligence. Drive supplier consolidation, standardization initiatives, localization opportunities, and risk mitigation strategies while maintaining compliance with Otis policies. Ensure rigorous Total Cost of Ownership (TCO) management across the full component lifecycle. Build strong collaboration with dotted-line manufacturing and engineering resources located within Otis machine factories globally. Benchmark leading third-party machine and motor manufacturers to identify best-in-class manufacturing practices, technologies, automation methods, productivity drivers, and cost structures. Lead the deployment of identified external best practices across Otis-owned manufacturing facilities to improve:
- Labor productivity
- Conversion cost
- Manufacturing efficiency
- Automation
- Quality performance
- Throughput and capacity utilization
Establish global manufacturing cost benchmarks and support internal operations in achieving world-class competitiveness versus external suppliers.
Cross-Functional Leadership & Collaboration
Partner closely with Engineering to align sourcing strategies with product roadmaps, technical specifications, qualification requirements, lifecycle management strategies, and future machine technologies. Support New Product Introduction (NPI), localization projects, supplier transfers, redesign activities, and value engineering initiatives. Collaborate with Operations, Manufacturing Engineering, and Continuous Improvement teams to drive productivity and operational excellence across Otis machine manufacturing sites. Build strong synergies across global procurement, engineering, quality, operations, supply chain, and finance organizations to accelerate decision making and execution. Lead global cross-functional teams focused on supply continuity, cost reduction, product competitiveness, and manufacturing excellence. Drive supplier innovation initiatives, technology scouting, and cost-reduction opportunities through collaboration with strategic suppliers and internal stakeholders. Develop and mentor regional category leaders and build a high-performing global category organization capable of supporting Otis' long-term growth objectives. Promote a culture of continuous improvement, knowledge sharing, accountability, and operational excellence across the global Machines & Strategic Components organization.
What You Will Need to Be Successful
- Bachelor's degree in Engineering, Supply Chain, Operations, or related field; Master's degree preferred.
- 10+ years of experience in strategic sourcing, category management, manufacturing, operations, or engineering leadership.
- Strong technical understanding of:
- Electric motors
- Gearless machines
- Encoders
- Permanent magnets
- Brakes
- Machining
- Castings and forgings
- Electromechanical systems and manufacturing processes
- Demonstrated experience leading global teams within a matrix organization.
- Proven track record of complex supplier negotiations and executive stakeholder management.
- Strong analytical and financial skills, including should-cost modeling and Total Cost of Ownership methodologies.
- Experience driving manufacturing productivity and operational excellence initiatives.
- Ability to influence and collaborate effectively at all organizational levels.
- Strong leadership, communication, and multicultural management capabilities.
- Ability to travel internationally up to 25%.
If you live in a city, chances are we will give you a lift or play a role in keeping you moving every day.
Otis is the world's leading elevator and escalator manufacturing, installation, and service company. We move 2.4 billion people every day and maintain approximately 2.4 million customer units worldwide, the industry's largest Service portfolio.
You may recognize our products in some of the world's most famous landmarks including the Eiffel Tower, Empire State Building, Burj Khalifa and the Petronas Twin Towers! We are 72,000 people strong, including engineers, digital technology experts, sales, and functional specialists, as well as factory and field technicians, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse, global team with a proven legacy of innovation that continues to be the bedrock of a fast-moving, high-performance company.
When you join Otis, you become part of an innovative global industry leader with a resilient business model. You'll belong to a diverse, trusted, and caring community where your contributions, and the skills and capabilities you'll gain working alongside the best and brightest, keep us connected and on the cutting edge.
We provide opportunities, training, and resources, that build leadership and capabilities in Sales, Field, Engineering and Major Projects and our Employee Scholar Program is a notable point of pride, through which Otis sponsors colleagues to pursue degrees or certification programs.
Today, our focus more than ever is on people. As a global, people-powered company, we put people - passengers, customers, and colleagues - at the center of everything we do. We are guided by our values that we call our Three Absolutes - prioritizing Safety, Ethics, Quality in all that we do. If you would like to learn more about environmental, social and governance (ESG) at Otis click here.
Become a part of the Otis team and help us #Buildwhatsnext!
Otis is An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other protected class according to applicable law. To request an accommodation in completing an employment application due to a special need or a disability, please contact us at careers@otis.com.
Privacy Policy and Terms:
Click on this link to read the Policy and Terms