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Third Party Risk Manager Jobs in Plano, TX (NOW HIRING)

Fanniemae

Third Party Risk Management Advisor

Plano, TX · Hybrid

$141K - $184K/yr

Develop and influence enterprise-wide third-party risk strategy by balancing business objectives ... In-office work cadence is determined by your manager. Proximity within a reasonable commute to your ...

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Third Party Risk Manager information

See Plano, TX salary details

$48.1K

$104.3K

$158.9K

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

As of Sep 5, 2026, the average yearly pay for third party risk manager in Plano, TX is $104,287.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,100.00 and $120,600.00 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 Plano, TX are hiring for Third Party Risk Manager jobs?

Cities near Plano, TX with the most Third Party Risk Manager job openings:

Third Party Risk Manager jobs near you
Infographic showing various Third Party Risk Manager job openings in Plano, TX as of August 2026, with employment types broken down into 89% Full Time, and 11% Contract. Highlights an 94% In-person, and 6% Remote job distribution, with an average salary of $104,287 per year, or $50.1 per hour.

Third Party Risk Management Analyst

3B Staffing LLC

Mckinney, TX

Full-time

Posted 13 days ago

Job description

Responsibilities

  • Lead the end-to-end third-party risk assessment lifecycle, including onboarding, periodic reviews, and offboarding.
  • Develop and maintain TPRM policies, procedures, and workflows aligned with regulatory and industry standards (e.g., PCI, NIST, ISO 27001, SOC 2).
  • Conduct risk assessments and due diligence for new and existing vendors, identifying control gaps and recommending remediation.
  • Collaborate with Procurement, Legal, and Business Units to ensure security requirements are embedded in contracts and vendor selection.
  • Monitor and report on third-party risk metrics, trends, and compliance posture to senior leadership.
  • Maintain and optimize GRC tools (AuditBoard, Archer) to support risk assessments, documentation, and reporting.
  • Support internal and external audits related to third-party risk and overall GRC activities.
  • Stay current with emerging threats, regulatory changes, and best practices in third-party risk and cybersecurity governance.

Qualifications

  • Minimum 5 years of experience in Third-Party Risk Management within an IT Security or GRC function.
  • Strong understanding of risk frameworks and regulatory requirements (e.g., CCPA, HIPAA, PCI-DSS, NIST).
  • Hands-on experience with GRC platforms such as AuditBoard and Archer.
  • Excellent analytical, communication, and stakeholder management skills.
  • Ability to work independently and collaboratively in a fast-paced environment.

Relevant certifications (e.g., CTPRP, CISA, CISSP, CRISC) are a plus.

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