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Third Party Risk Jobs in Arizona (NOW HIRING)

... Third-Party Risk Management, and ServiceNow AI Control Tower use cases * Supporting functional design and configuration of ServiceNow solutions, including forms, workflows, notifications, service ...

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Third Party Risk information

See Arizona salary details

$13

$28

$68

How much do third party risk jobs pay per hour?

As of Jul 4, 2026, the average hourly pay for third party risk in Arizona is $28.27, according to ZipRecruiter salary data. Most workers in this role earn between $18.12 and $36.06 per hour, depending on experience, location, and employer.

What are some common challenges faced in a Third Party Risk role and how can they be managed?

Professionals in Third Party Risk often encounter challenges such as managing a large and diverse vendor portfolio, staying updated on regulatory requirements, and ensuring timely risk assessments. Navigating communication gaps between internal stakeholders and external vendors can also be demanding. These challenges are typically managed by implementing robust risk assessment frameworks, fostering cross-functional collaboration, and leveraging technology to streamline due diligence and monitoring processes. Continuous training and clear communication protocols further help in addressing these complexities and maintaining effective third-party risk management.

What is the difference between Third Party Risk vs Vendor Risk Management?

AspectThird Party RiskVendor Risk Management
FocusAssessing risks from all external entities, including vendors, partners, and contractorsEvaluating risks specifically associated with third-party vendors
CredentialsRisk management certifications, compliance knowledgeVendor management certifications, procurement experience
Work EnvironmentCorporate risk teams, compliance departmentsProcurement, vendor management teams
Industry UsageFinancial, healthcare, technology sectorsPrimarily in supply chain and procurement functions

Third Party Risk encompasses a broader scope, including all external entities, while Vendor Risk Management specifically focuses on vendors. Both roles require risk assessment skills and industry knowledge, but Third Party Risk roles often involve broader compliance and strategic oversight.

What are the key skills and qualifications needed to thrive as a Third Party Risk professional, and why are they important?

To thrive as a Third Party Risk professional, you need a solid understanding of risk management principles, vendor assessment processes, and relevant regulatory frameworks, often supported by a degree in business, finance, or a related field. Familiarity with risk assessment tools, GRC (governance, risk, and compliance) software, and certifications such as Certified Third Party Risk Professional (CTPRP) are common requirements. Strong analytical thinking, attention to detail, and effective communication skills help you evaluate vendors and influence stakeholders. These skills are vital for identifying, mitigating, and managing risks associated with third-party relationships to protect organizational integrity and compliance.

What is Third Party Risk?

Third Party Risk refers to the potential risks and vulnerabilities an organization faces when working with external vendors, suppliers, or service providers. These risks can include data breaches, compliance violations, operational disruptions, and reputational damage resulting from the actions or failures of third parties. Managing third party risk involves identifying, assessing, monitoring, and mitigating these risks to protect the organization’s interests and ensure regulatory compliance.
What are the most commonly searched types of Third Party Risk jobs in Arizona? The most popular types of Third Party Risk jobs in Arizona are:
What job categories do people searching Third Party Risk jobs in Arizona look for? The top searched job categories for Third Party Risk jobs in Arizona are:
Infographic showing various Third Party Risk job openings in Arizona as of June 2026, with employment types broken down into 1% As Needed, 84% Full Time, 11% Part Time, and 4% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $58,802 per year, or $28.3 per hour.
Consultant - Procurement and Third-Party Governance & Compliance

Consultant - Procurement and Third-Party Governance & Compliance

Northern Trust

Tempe, AZ • On-site

$64K - $105K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 16 days ago


Northern Trust rating

8.1

Company rating: 8.1 out of 10

Based on 25 frontline employees who took The Breakroom Quiz


Job description

About Northern Trust
As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Job Description
Northern Trust, a Fortune 500 company, is a globally recognized financial institution with over 130 years of experience providing innovative financial services. The Audit & Regulatory Specialist (P2) role supports the Third Party Management (TPM) and Procurement teams by assisting with audit, regulatory, and risk management activities related to third-party risk assessment controls.
This position focuses on execution, documentation, and coordination of audit and regulatory support activities under the guidance of more senior team members. The role requires a foundational understanding of control processes, regulatory expectations, and third-party risk management practices.
Key Responsibilities
  • Support internal and external audits related to Third Party Management and Procurement by assisting with audit requests, documentation collection, and evidence preparation.
  • Assist in the execution of first line of defense (1LOD) testing activities, including sampling, control testing, and documentation of results.
  • Help prepare risk assessments and contribute to annual audit and testing plans for the Third Party Management Office.
  • Review business processes and controls against documented policies, procedures, and regulatory expectations, escalating issues as identified.
  • Compile audit materials, summaries, and working papers under established templates and guidance.
  • Assist with tracking audit issues, regulatory findings, and remediation activities to support timely closure.
  • Support reviews of Internal Audit reports and assist in drafting responses or remediation documentation.
  • Participate in meetings with business partners to gather information and clarify documentation needs.
  • Maintain organized records and repositories to support audit readiness and ongoing compliance.
Qualifications
  • Bachelor's degree in Business, Accounting, Finance, Risk Management, or a related field.
  • Approximately 1-3 years of relevant experience in audit, risk management, compliance, procurement, or third-party risk.
  • Basic understanding of audit processes, internal controls, and regulatory compliance concepts.
  • Exposure to third-party or vendor risk management concepts is preferred but not required.
  • Strong attention to detail, organization, and documentation skills.
  • Ability to follow established procedures and work effectively under supervision.
  • Effective written and verbal communication skills.
Preferred Experience / Knowledge
  • Familiarity with Third Party Risk Management (TPRM) or Procurement processes.
  • Awareness of financial services regulatory expectations (e.g., OCC, FFIEC, PRA, FCA) is a plus.
  • Experience supporting audits, issue management, or control testing activities.
  • Proficiency with Microsoft Office tools (Excel, Word, PowerPoint).
Key Competencies
  • Detail-oriented and process-focused
  • Ability to learn and apply regulatory and control concepts
  • Strong documentation and organizational skills
  • Collaborative and responsive to guidance
  • Accountability for assigned tasks and deadlines
Salary Range:
$64,125 - 105,925 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
Working with Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com , or alternatively you can discuss your individual requirements with the recruiter you are working with.

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