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GRC Analyst - Third Party Risk

Boston, MA · On-site

$70K - $110K/yr

You will help manage third-party vendor risk reviews, and operational requests, in cross-functional security compliance workflows. Success in this role requires strong attention to detail ...

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How much do third party vendor jobs pay per hour?

As of Aug 20, 2026, the average hourly pay for third party vendor in the United States is $32.65, according to ZipRecruiter salary data. Most workers in this role earn between $17.31 and $57.69 per hour, depending on experience, location, and employer.

What is a third party vendor?

A Third Party Vendor job involves managing relationships between a company and its external suppliers, contractors, or service providers. These professionals ensure that vendors meet contract requirements, comply with company policies, and deliver goods or services efficiently. Responsibilities may include vendor selection, contract negotiation, performance evaluation, and risk management. This role is essential for maintaining smooth business operations and optimizing cost-effectiveness.

What are the key skills and qualifications needed to thrive as a third party vendor?

To succeed as a Third Party Vendor, it is important to have strong organizational, contract management, and compliance skills, often supported by experience in vendor management or supply chain operations. Familiarity with vendor management systems (VMS), procurement software, and relevant certifications such as Certified Professional in Supply Management (CPSM) are commonly required. Excellent communication, negotiation, and problem-solving skills distinguish top performers in this field. These capabilities enable effective coordination between companies and external partners, ensuring service quality, cost control, and risk mitigation.

What are some common challenges faced by third party vendors and how can they be addressed?

One of the most common challenges for Third Party Vendors is maintaining clear communication and expectations between their organization and client companies, which can involve coordinating across multiple teams or departments. Navigating contract requirements, compliance standards, and timely service delivery also requires proactive management and strong attention to detail. Many Third Party Vendors address these challenges by using robust vendor management systems, regularly reviewing service-level agreements, and scheduling frequent check-ins with client contacts. By being proactive and responsive, Third Party Vendors can build trust and foster long-lasting business relationships.

What should you do when working with third-party vendors?

A third-party vendor should establish clear communication, define scope and expectations, and ensure compliance with contractual and security requirements. Regular monitoring, documentation, and adherence to company policies help maintain a productive and secure working relationship.
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Third Party Vendor jobs near you
Infographic showing various Third Party Vendor job openings in the United States as of August 2026, with employment types broken down into 1% Internship, 1% As Needed, 80% Full Time, 13% Part Time, 4% Contract, and 1% Nights. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $67,904 per year, or $32.6 per hour.

Associate, Third-Party Vendor Due Diligence

Community Federal Savings Bank

Manhattan, NY • On-site

$80K - $95K/yr

Full-time

Re-posted 15 days ago

Job description

JOB SUMMARY:

The Third-Party Vendor Due Diligence role will be responsible for evaluating and assessing the controls of a third-party, including the technology and information system controls, as part of the Bank’s due diligence process. Their primary objective is to assess the risk that third parties bring to the bank, including assessing the IT infrastructure, systems, controls and related assets to help the Bank make informed decisions regarding the governance and oversight of third parties at the Bank.

Responsibilities:
  • Conduct comprehensive due diligence reviews on the Bank’s fintech clients and vendors, including but not limited to technology systems, cybersecurity, data management, and IT policies.
  • Identify and assess potential IT-related risks associated with prospective clients and vendors. Provide recommendations for risk mitigation.
  • Prepare detailed reports and documentation summarizing findings and assessments, ensuring clarity and accuracy to be presented to various Bank committees.
  • Ensure that the technology and IT practices of potential clients and vendors align with relevant industry regulations and compliance standards.
  • Evaluate third-party vendors and service providers used by potential partners to assess their impact on overall IT and security posture.
  • Collaborate with cross-functional teams, including compliance, legal, finance, and business units, to integrate IT due diligence findings into decision-making processes.
  • Stay up-to-date with industry trends, emerging technologies, and cybersecurity threats to provide informed insights during due diligence processes.
  • Conduct calls with Bank clients.
  • Follow up with clients and vendors to obtain missing due diligence documentation.
  • Report due diligence review conditions to the Third-Party Governance & Oversight team.
  • Gather audit & exam request documentation as requested.


Knowledge, Skills, and Abilities:

  • Strong analytical and problem-solving skills to evaluate complex technology systems and identify potential risks.
  • Excellent written and verbal communication skills to convey technical information to non-technical stakeholders effectively.
  • Familiarity with relevant financial industry regulations and industry standards (e.g., GDPR, PCI DSS, SOC, etc.).
  • Knowledge of IT infrastructure, cybersecurity, cloud computing, and emerging technologies.
  • Meticulous attention to detail when conducting assessments and preparing reports.
  • Ability to work in a fast-paced environment and adapt to evolving technology landscapes.
  • A strong commitment to ethical conduct and the highest standards of professionalism.
  • Knowledge of fintech products and services.
  • Understanding of IT tools, concepts, methodologies and techniques.
  • Proficient in Microsoft Office Suite or related software
Education, Training, and Experience:
  • Bachelor’s degree in Computer Science, Information technology, Finance, or a related field. A relevant master’s degree or professional certifications (e.g., CISA, CISM, CISSP) is a plus.
  • Minimum of 3-5 years of experience in IT due diligence, IT audit, risk assessment, or a related field.
  • Experience in fintech industry or banking sector is highly desirable.


About Community Federal Savings Bank (CFSB)


Community Federal Savings Bank (CFSB) is a federally chartered bank founded in 2001 and headquartered in New York City. CFSB has focused on providing superior service and added value to clients though a solid understanding of relationship banking. We offer a full range of services, including loans, bill payments, card services, internet banking, and merchant processing.


We are an equal opportunity employer and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, military and/or veteran status, or any other Federal or State legally-protected classes.