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Third Party Risk Manager Jobs in Worcester, MA (NOW HIRING)

thg

Senior Sourcing Consultant (HYBRID MA)

Worcester, MA · Hybrid

$151K - $152K/yr

Lead activities through all phases of the sourcing lifecycle (Strategy, Evaluation & Selection, Third-party Risk Management, Contract Management and Performance Management). * Manage business ...

thg

Senior Sourcing Consultant (HYBRID MA)

Worcester, MA · Hybrid

$151K - $152K/yr

Lead activities through all phases of the sourcing lifecycle (Strategy, Evaluation & Selection, Third-party Risk Management, Contract Management and Performance Management). * Manage business ...

Needham Bank

Senior Manager, Vendor Management

Needham, MA · On-site

$100K - $140K/yr

Manage the day to day Third Party Risk Management (TPRM) activities required to support required risk assessments of new and potential vendors for onboarding, performance and ongoing monitoring, and ...

Ardelyx

Senior Manager, Cyber Security Operations

Waltham, MA · On-site

$119K - $161K/yr

Support third-party risk management, vendor security evaluations, and security platform consolidation efforts to reduce complexity and operational cost Qualifications: * Bachelor's degree in ...

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Showing results 1-20

All JobsThird Party Risk Manager JobsThird Party Risk Manager Jobs in Worcester, MA

Third Party Risk Manager information

See Worcester, MA salary details

$51.4K

$111.3K

$169.6K

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

As of Jun 15, 2026, the average yearly pay for third party risk manager in Worcester, MA is $111,313.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,800.00 and $128,700.00 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, and why are they important?

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 job categories do people searching Third Party Risk Manager jobs in Worcester, MA look for? The top searched job categories for Third Party Risk Manager jobs in Worcester, MA are:
What cities near Worcester, MA are hiring for Third Party Risk Manager jobs? Cities near Worcester, MA 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 Worcester, MA as of June 2026, with employment types broken down into 98% Full Time, 1% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $111,313 per year, or $53.5 per hour.
Senior Manager, Vendor Management

Senior Manager, Vendor Management

Needham Bank

Needham, MA

Full-time

Posted 20 days ago

Job description

Job Summary: Manage the day to day Third Party Risk Management (TPRM) activities required to support required risk assessments of new and potential vendors for onboarding, performance and ongoing monitoring, and the proper renewal and/or decommissioning/termination of vendors. All activities shall be performed in accordance with FFEIC, other regulatory requirements, and evidenced by proper supporting documentation and reports.

Qualifications:

To perform this job successfully, the individual must be able and willing to perform all essential duties satisfactorily. This document is not intended to be an exhaustive list of all essential duties required. Reasonable accommodations, as determined by management on a case-by-case basis, may be made to enable individuals with disabilities to perform essential duties.

ESSENTIAL DUTIES & RESPONSIBILITIES

  • Overall responsibility for day to day first line Third Party Risk Management program activities, ensuring compliance with FFIEC regulations, and as further defined and required by the Compliance and Risk Departments in related Program and Policy documentation.
  • Document and update Vendor Management Procedures as needed.
  • Ensure internal team, stakeholders and vendors are trained on all procedures and processes related to TPRM process and technologies. Create proper training materials and participate in presentations as needed.
  • Works with the VP of Vendor and Procurement Management to improve and refine practices and procedures to ensure the proper risk assessments are completed in a timely manner.
  • Oversee department communications tools and ensure responses are completed in a timely manner.
  • Manage and maintain the TPRM technology system of record used in the department, inclusive of content, workflows, documentation collection, and risk assessment task completions, contract renewals/terminations and required reporting.
  • Oversee system upgrades and enhancements. Monitor utilization of services, budget status, and performance outcomes of third parties used to support the function.

Manage the timely creation of data and reporting as needed supporting status of onboarding, ongoing monitoring and termination/decommission status and activities. Review status and reports with stakeholders as required or assigned to achieve goals. Prepare proposals and complex analysis that may be non-routine to support projects or decisions.

  • Maintain, update and monitor user profiles for system, network and portal access, core computing application (e.g. COCC), general ledger application, wire transfer applications, and Federal Reserve Fedline Advantage, and Vendor Portals
  • Takes notes and minutes of meetings as assigned and follows up on open action items until resolved.
  • Perform additional duties as requested, needed or assigned

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