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Third Party Risk Jobs in Philadelphia, PA (NOW HIRING)

Third Party Risk Analyst About the role As a Third-Party Risk Analyst on Vanguard's Third-Party Risk Management (TPRM) Assessment Management team, you'll play an important role in helping Vanguard ...

ProductManager, Specialist About the Team Third Party Risk Management (TPRM)'s mission is to reduce extended enterprise risk at Vanguard. We protect Vanguard through our stewardship of the third ...

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Third Party Risk information

See Philadelphia, PA salary details

$14

$30

$74

How much do third party risk jobs pay per hour?

As of Aug 21, 2026, the average hourly pay for third party risk in Philadelphia, PA is $30.61, according to ZipRecruiter salary data. Most workers in this role earn between $19.66 and $39.04 per hour, depending on experience, location, and employer.

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 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 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 most commonly searched types of Third Party Risk jobs in Philadelphia, PA?

The most popular types of Third Party Risk jobs in Philadelphia, PA are:

What are popular job titles related to Third Party Risk jobs in Philadelphia, PA?

For Third Party Risk jobs in Philadelphia, PA, the most frequently searched job titles are:

What job categories do people searching Third Party Risk jobs in Philadelphia, PA look for?

The top searched job categories for Third Party Risk jobs in Philadelphia, PA are:

What cities near Philadelphia, PA are hiring for Third Party Risk jobs?

Cities near Philadelphia, PA with the most Third Party Risk job openings:

Infographic showing various Third Party Risk job openings in Philadelphia, PA as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 10% Part Time, and 3% Contract. Highlights an 88% Physical, 5% Hybrid, and 7% Remote job distribution, with an average salary of $63,673 per year, or $30.6 per hour.

Third Party Risk Analyst

Vanguard Group, Inc.

Malvern, PA • On-site

Full-time

Posted 10 days ago


Vanguard rating

8.7

Company rating: 8.7 out of 10

Based on 64 frontline employees who took The Breakroom Quiz

16th of 151 rated financial services


Job description

Third Party Risk Analyst
About the role
As a Third-Party Risk Analyst on Vanguard's Third-Party Risk Management (TPRM) Assessment Management team, you'll play an important role in helping Vanguard protect the long-term interests of our clients. You'll support how we evaluate and monitor risks associated with third-party vendors and external partners, using Vanguard's operational and strategic risk frameworks. Your work helps strengthen decision-making, promote responsible partnerships, and reinforce our culture of integrity, collaboration, and long-term thinking.
This role is well suited for someone who enjoys partnering across teams, translating risk concepts into practical guidance, and contributing to a strong risk management environment in a purpose-driven organization.
What you'll do
Support the development, ongoing maintenance, and application of Vanguard's third-party operational risk methodology, including continuous review, benchmarking, and sharing of best practices.
  • Draft and maintain third-party risk management policies, standards, and procedures.

  • Contribute to regular reviews of third-party risk technologies and recommend enhancements to improve effectiveness and efficiency.

  • Serve as a primary point of contact for internal business partners on third-party risk matters, helping teams implement and sustain best practices.

  • Coordinate with internal stakeholders on third-party risk initiatives and support oversight activities to promote adherence to established policies and frameworks.

  • Develop clear training materials and facilitate training sessions to build awareness and capability across the organization.

  • Conduct initial reviews of third-party risk assessments, identifying potential issues and escalating items to appropriate stakeholders when needed.

  • Support the development of third-party risk metrics and reporting and communicate results to internal audiences in a clear and actionable way.

  • Ensure required documentation is complete, accurate, and retained in accordance with policy.

  • Collaborate with senior risk analysts and cross-functional partners to stay current on risk management frameworks, emerging risks, and events.

  • Participate in special projects and perform additional duties as assigned.

What we're looking for
  • At least five years of related professional experience; experience in risk management is preferred.

  • An undergraduate degree, or an equivalent combination of education, training, and relevant experience.

  • Professional certifications such as CTPRP, CPA, CIA, CISI, or an MBA are preferred, but not required.

  • Ability to communicate risk concepts clearly and effectively with diverse internal audiences.

  • A collaborative, detail-oriented approach with a focus on continuous improvement and sound judgment.

Organizational Alignment
  • This role is part of Vanguard's Third-Party Risk Management function, within the Assessment Management.

Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.
About Vanguard
At Vanguard, we don't just have a mission-we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

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