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Third Party Risk Manager Jobs in Washington, DC (NOW HIRING)

HR Process Specialist

Vienna, VA · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Stay updated on industry trends and regulatory changes related to third-party risk management that may impact HR and industry best practices in vendor management. * Assist in the integration of ...

HR Process Specialist

Vienna, VA · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Stay updated on industry trends and regulatory changes related to third-party risk management that may impact HR and industry best practices in vendor management. * Assist in the integration of ...

HR Process Specialist

Vienna, VA · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Stay updated on industry trends and regulatory changes related to third-party risk management that may impact HR and industry best practices in vendor management. * Assist in the integration of ...

HR Process Specialist

Vienna, VA · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Stay updated on industry trends and regulatory changes related to third-party risk management that may impact HR and industry best practices in vendor management. * Assist in the integration of ...

HR Process Specialist

Vienna, VA · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Stay updated on industry trends and regulatory changes related to third-party risk management that may impact HR and industry best practices in vendor management. * Assist in the integration of ...

Showing results 41-60

Third Party Risk Manager information

See Washington, DC salary details

$58.3K

$126.3K

$192.5K

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

As of Aug 14, 2026, the average yearly pay for third party risk manager in Washington, DC is $126,301.00, according to ZipRecruiter salary data. Most workers in this role earn between $101,900.00 and $146,100.00 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.
Infographic showing various Third Party Risk Manager job openings in Washington, DC as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 12% Part Time, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $126,301 per year, or $60.7 per hour.

Portfolio Risk Lead - Servicing

Freddie Mac

Mclean, VA • On-site

Full-time

Re-posted 26 days ago


Freddie Mac rating

9.2

Company rating: 9.2 out of 10

Based on 5 frontline employees who took The Breakroom Quiz


Job description

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.
Position Overview:
We are seeking a Portfolio Credit Risk Lead for Single Family Portfolio & Servicing. This role sits at the center of Freddie Mac's enterprise financial risk oversight, shaping how the company anticipates, measures, and manages Single-Family (SF) credit risk across the economic cycle. You will translate macroeconomic and industry trends to provide context for SF portfolio performance.
As an independent risk leader, you'll provide effective challenge to business risk management, strengthen risk governance and utilize your broad experience in all aspects of mortgage loan servicing and the related credit risks. You'll partner closely across Enterprise Risk, Internal Audit and the business to monitor key risk indicators, identify emerging risks, assess new initiatives and policy changes, and evaluate portfolio strategies such as loss mitigation and liquidation approaches.
Our Impact:
The Financial Risk team within the Enterprise Risk Division is responsible for oversight and effective challenge of the company's most important risks. Together, we:
  • Establish governance, policies, and standards that define how the company manages financial risks to support safety and soundness
  • Monitor and report on the risk and control profiles, financial risk appetite, and performance of risk indicators and metrics against thresholds and limits
  • Communicate enterprise-wide risk management issues and emerging risks and monitor effective and timely issue resolution
  • Provide timely and independent oversight and effective challenge of the company's financial risk management practices and risk-taking activities

Your Impact:
  • Build strong partnerships with Single-Family counterparts and across Enterprise Risk Management
  • Monitor KRIs and other risk metrics to measure credit risk exposure impacted by servicing activities; monitor performance against risk appetite thresholds and identify key drivers
  • Monitor industry and macroeconomic conditions; monitor trends, developing issues and emerging risks
  • Participate in or lead independent oversight and assessment of Single-Family Portfolio & Servicing policy and servicer performance activities
  • Conduct risk assessments including Process, Risk & Control (PRC) reviews; coordinate GRC monitoring
  • Review SF New Products/New Initiatives, Significant Changes and FHFA Directives for credit risk exposure and downstream impacts
  • Review and assess SF Servicing Policy changes and issued Terms of Business for credit exposure
  • Monitor Single Name Servicer oversight, monitor monthly servicer scorecards, review scorecard methodology changes
  • Provide focused analysis on Top 25 SF Servicer performance, monitor CRR Servicing Risk Scores
  • Attend Seller/Servicer Forum and Third-Party Risk oversight meetings
  • Monitor Transfers of Servicing (TOS) and VPC transfers
  • Participation in Contingency planning activities with the business, Operational Risk and Counterparty Risk stakeholders
  • Review servicer capacity strategy and provide assessment on planned capacity vs portfolio delinquency trends
  • Provide oversight of SQA & Remedy results, provide SQA Annual Plan Assessment and Annual Flood Insurance Review
  • Complete reviews of 1L SFPS policies and procedures for compliance with corporate risk policies.
  • Monitor compliance with corporate risk policies, standards and Compliance Obligations governing portfolio consumer credit risk management activities
  • Review and maintain departmental policies and procedures
  • Support ongoing reporting and assessments to management
  • Coordinate Internal Audit and FHFA Targeted Exams for SF Policy & Servicing activities
  • Perform other ad-hoc risk analysis as needed

Qualifications:
  • 8 + years of experience at a large mortgage servicer or in a servicing area of a GSE or HUD
  • 8 + years of experience in risk management within a large financial institution
  • Ability to provide independent risk assessments with limited supervision
  • Experience with process, risk and controls reviews and assessments
  • In-depth knowledge of the loan lifecycle of a SF mortgage; knowledge of performing and default management, including bankruptcy, foreclosure and REO management
  • Knowledge of borrower behavior, federal regulations related to real estate and collections, and collateral valuation
  • Knowledge of GSE Guide requirements, including insurance, title and escrow
  • Working knowledge of structured finance, investor reporting and disclosures, ability to anticipate downstream impacts and possible obstacles due to policy or program changes
  • Experienced in credit policy development

Keys to Success in this Role:
  • Ability to maintain up-to-date knowledge of macroeconomic conditions, industry trends and emerging risks
  • Strong interpersonal and communication skills, ability to work across risk teams and first- and third-line counterparts
  • Ability to work under pressure effectively to resolve issues and meet deadlines in a dynamic environment
  • Attention to detail, ability to produce timely, high-quality and well-documented oversight outcomes
  • Strong organizational skills, willingness to learn adjacent areas of the business

Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $130,000 - $196,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.

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About Freddie Mac

Sourced by ZipRecruiter

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970