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Third Party Risk Manager Jobs in Philadelphia, PA

How  You 'll  Contribute    The Third Party Risk and Operations Lead is responsible for ... Monitor, manage and continuously improve center-led TPRM operations. * Participate in and respond ...

How  You 'll  Contribute    The Third Party Risk and Operations Lead is responsible for ... Monitor, manage and continuously improve center-led TPRM operations. * Participate in and respond ...

How  You 'll  Contribute    The Third Party Risk and Operations Lead is responsible for ... Monitor, manage and continuously improve center-led TPRM operations. * Participate in and respond ...

The role will provide executive leadership across enterprise risk management, operational risk, strategic risk, third-party risk, business continuity, emerging risk, and related areas while ...

ProductManager, Specialist About the Team Third Party Risk Management (TPRM)'s mission is to reduce extended enterprise risk at Vanguard. We protect Vanguard through our stewardship of the third ...

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Third Party Risk Manager information

See Philadelphia, PA salary details

$52K

$112.6K

$171.5K

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

As of Sep 3, 2026, the average yearly pay for third party risk manager in Philadelphia, PA is $112,570.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,800.00 and $130,200.00 per year, depending on experience, location, and employer.

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.

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.

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 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.

Is third party risk manager a good career?

A third party risk manager plays a key role in assessing and mitigating risks associated with external vendors and partners, often requiring knowledge of compliance standards and risk management tools. The role offers opportunities for advancement in industries such as finance, healthcare, and technology, with a growing demand for professionals skilled in risk assessment and regulatory requirements. It can be a stable and rewarding career for those with strong analytical skills and attention to detail.

What cities near Philadelphia, PA are hiring for Third Party Risk Manager jobs?

Cities near Philadelphia, PA with the most Third Party Risk Manager job openings:

Infographic showing various Third Party Risk Manager job openings in Philadelphia, PA as of August 2026, with employment types broken down into 3% Internship, and 97% Full Time. Highlights an 85% In-person, 6% Hybrid, and 9% Remote job distribution, with an average salary of $112,570 per year, or $54.1 per hour.

Third Party Risk Mgmt (TPRM) Governance Specialist

Vanguard Group, Inc.

Malvern, PA • On-site

$96K/yr

Full-time

Re-posted 6 days ago


Vanguard rating

8.7

Company rating: 8.7 out of 10

Based on 64 frontline employees who took The Breakroom Quiz

16th of 152 rated financial services


Job description

For additional information or to schedule an overview, please contact Wilbur Briones
Third Party Risk Management (TPRM)'s mission is to reduce extended enterprise risk at Vanguard. We protect Vanguard through our stewardship of the third-party risk lifecycle and enable strategic, risk informed decisions.
As a Governance Specialist on the TPRM Strategy & Governance team, you will play a key role in advancing this mission by strengthening how third-party risks are identified, governed, and managed across Vanguard. If you are interested in driving forward a highly visible, rapidly evolving global program with enterprise impacts, this is the opportunity for you!
Responsibilities:
  • Steward and evolve Vanguard's Global TPRM Policy and associated standards.
  • Develop enterprise risk metrics, dashboards, and reporting to create improved transparency and inform third-party risk reduction activities.
  • Lead assurance initiatives to strengthen third-party risk oversight, monitor compliance with TPRM policies and standards, and drive enterprise accountability.
  • Support enterprise and departmental initiatives that advance the maturity, effectiveness, and sustainability of Vanguard's global third-party risk program.
  • Provide strategic risk advisory support for risk partners and divisional stakeholders, serving as a trusted thought partner for third-party risk.
  • Participate in special projects and perform other duties as assigned.

Qualifications:
• Minimum of five years' related work experience, with two years' experience in risk management.
• Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred.
• Ability to collaborate and engage with key program stakeholders.
• Demonstrated program and project management experience.
• Strong analytical abilities, attention to detail, and clear written and verbal communication skills.
• Professional certification (CTPRP, CPA, CIA, CISI, CRISC, etc.) preferred.
Important Information
  • This position operates in a hybrid environment. Team members are expected on-site at Vanguard's campus Tuesday, Wednesday, and Thursday each week. Monday and Friday are designated remote workdays, unless business needs require otherwise.

Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.
About Vanguard
At Vanguard, we don't just have a mission-we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

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