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Third Party Risk Jobs in Illinois (NOW HIRING)

Governance & Risk Analyst

Chicago, IL · On-site

$85K - $95K/yr

Key Responsibilities Third-Party Risk Management (TPRM) & Vendor Risk Assessments (VRA) * Conduct end-to-end Vendor Risk Assessments (VRA) including initiation, analysis, follow-ups, and final ...

Showing results 21-40

Third Party Risk information

See Illinois salary details

$13

$29

$71

How much do third party risk jobs pay per hour?

As of Aug 8, 2026, the average hourly pay for third party risk in Illinois is $29.40, according to ZipRecruiter salary data. Most workers in this role earn between $18.85 and $37.50 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?

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 Illinois? The most popular types of Third Party Risk jobs in Illinois are:
What cities in Illinois are hiring for Third Party Risk jobs? Cities in Illinois with the most Third Party Risk job openings:
Infographic showing various Third Party Risk job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $61,145 per year, or $29.4 per hour.

IT Security Manager - Third-Party IT Risk Manager

Wolters Kluwer N.V.

Riverwoods, IL • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 17 days ago


Job description

Third-Party IT Risk Manager is responsible for leading and modernizing Wolters Kluwer's global third-party cyber risk management capability across a highly distributed, market-driven technology and supplier landscape. This role ensures third-party engagements align with the organization's risk appetite, security standards, and regulatory expectations and lead the execution of a scalable, intelligence-led TPRM program that delivers meaningful and defensible assurance over third-party cyber risk-moving beyond traditional, questionnaire-centric models.
The role partners closely with Global Supply Chain, Procurement, Legal, and Privacy teams to reduce fragmentation across markets by translating diverse, market-specific approaches into standardized enterprise agreements, security configurations, and control expectations. A core focus of this position is innovation: designing and implementing differentiated third-party assurance approaches that leverage automation, technical validation, and continuous monitoring to provide real-time insight into supplier risk rather than relying solely on static assessments.
Responsibilities:
Program Leadership & Modernization
• Lead and evolve Wolters Kluwer's global Third Party Risk Management (TPRM) program and operating model, ensuring it is scalable, risk based, and aligned with enterprise cyber risk governance.
• Modernize TPITRM by shifting from a primarily questionnaire driven approach to a data driven program that incorporates technical validation, continuous monitoring, AI, and risk quantification.
• Lead, whether functionally or formally - junior team members as a manager level leader across the TPRM function to drive successful outcomes across the entire TPRM unit.
Continuous Monitoring, Automation & Innovation
• Implement continuous monitoring capabilities to deliver near real time visibility into third party cyber posture, control performance, and emerging risk indicators.
• Design and deploy innovative approaches-including automation and AI assisted techniques-for evidence collection, risk scoring, and exception management.
• Continuously assess emerging tools, data sources, and assurance models to improve risk coverage, reduce assessment friction, and enhance signal quality beyond traditional questionnaires.
Contract Review:
• Strong skills in the development, review, and analysis of third party contracts to ensure Company requirements, principles, and assets are sufficiently protected in accordance with internal expectations.
• Strong business acumen and ability to identify technical and functional requirements that do not align or meet Company needs, suggest enhancements, and have them accepted and implemented by the supplier.
Governance, Reporting & Escalation
• Maintain a centralized, enterprise wide inventory of third party relationships, risk tiers, and risk treatment decisions.
• Provide clear, concise reporting on third party cyber risk posture, trends, and concentration risk to senior leadership.
Leadership & Collaboration
• Build, lead, and develop a high performing team of third party risk professionals and technical reviewers.
• Foster a culture of accountability, innovation, and constructive challenge consistent with Wolters Kluwer values and operating principles.
Job Qualifications
• Bachelors degree in computer science, information security, management information systems or similar.
• 12+ years of experience in cybersecurity, technology risk, or information security, including significant ownership of third party or supplier cyber risk management in large, complex enterprises.
• 5+ years of leadership (direct managerial experience or functional delivery leading teams).
• Proven experience designing and leading a global TPRM program across the full third party risk lifecycle.
• Demonstrated success modernizing TPRM by implementing risk based approaches that integrate technical validation, automation, and continuous monitoring.
• Demonstrated success owning decisions and outcomes at a senior level independently without formal authority.
• Strong technical fluency across cloud platforms, APIs, identity, data flows, and integration architectures, with the ability to partner credibly with security architects and technical SMEs.
• Experience overseeing advanced technical assessments for high risk or critical third parties, such as architecture reviews, vulnerability assessments, penetration testing, and threat modeling.
• Ability to operate effectively in highly distributed, market driven environments.
• Demonstrated leadership experience, including building high performing teams and influencing senior stakeholders across Technology, Procurement, Legal, Privacy, and Enterprise Risk Management.
• Strong executive communication skills, with experience reporting third party cyber risk posture and trends to senior leadership.
Preferred qualification
• Familiarity with systemic, concentration, and fourth-party risk.
• Working knowledge of NIST CSF, ISO 27001, GDPR, and CCPA.
• Relevant certifications (e.g., CISSP, CISM, CTPRP, CRISC, CISA)
#LI-Hybrid
Our Interview Practices
To maintain a fair and genuine hiring process, we kindly ask that all candidates participate in interviews without the assistance of AI tools or external prompts. Our interview process is designed to assess your individual skills, experiences, and communication style. We value authenticity and want to ensure we're getting to know you-not a digital assistant. To help maintain this integrity, we ask to remove virtual backgrounds and include in-person interviews in our hiring process. Please note that use of AI-generated responses or third-party support during interviews will be grounds for disqualification from the recruitment process.
Applicants may be required to appear onsite at a Wolters Kluwer office as part of the recruitment process.
Compensation:
$118,300.00 - $207,400.00 USD
This role is eligible for Bonus.
Compensation range listed is based on primary location of the position. Actual base salary offer is influenced by a wide array of factors including but not limited to skills, experience and actual hiring location. Your recruiter can share more information about the specific offer for the job location during the hiring process.
Additional Information:
Wolters Kluwer offers a wide variety of competitive benefits and programs to help meet your needs and balance your work and personal life, including but not limited to: Medical, Dental, & Vision Plans, 401(k), FSA/HSA, Commuter Benefits, Tuition Assistance Plan, Vacation and Sick Time, and Paid Parental Leave. Full details of our benefits are available upon request.