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Third Party Vendor Management Jobs (NOW HIRING)

BCU

Sr Mgr, Vendor Management

Vernon Hills, IL · On-site

$144K - $216K/yr

Critically evaluates third-party vendor operational and security controls for risk. * Identifies ... Analyze vendor management programs and identify continuous improvement processes. * Working closely ...

Sentara Health Plans

$106 - $177/hr

Vendor Management*** Serve as the primary point of contact for third-party vendors throughout the assessment and management process* Coordinate with vendors to gather required documentation, evidence ...

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How much do third party vendor management jobs pay per hour?

As of Aug 14, 2026, the average hourly pay for third party vendor management in the United States is $34.88, according to ZipRecruiter salary data. Most workers in this role earn between $20.67 and $43.51 per hour, depending on experience, location, and employer.

What is third party vendor management?

A Third Party Vendor Management job involves overseeing relationships with external vendors or service providers to ensure they meet contractual obligations, compliance requirements, and performance standards. Professionals in this role assess risks, negotiate contracts, monitor vendor performance, and work to optimize vendor relationships for efficiency and cost-effectiveness. They also collaborate with internal teams to align vendor services with business goals while mitigating potential risks.

What are the key skills and qualifications needed to thrive in third party vendor management?

To excel in Third Party Vendor Management, you need strong contract negotiation, risk assessment, relationship management skills, and typically a bachelor’s degree in business or a related field. Familiarity with vendor management systems (VMS), procurement software, and certifications such as Certified Professional in Supply Management (CPSM) or Certified Supply Chain Professional (CSCP) are highly valued. Excellent communication, problem-solving, and stakeholder management skills distinguish top performers. These competencies are critical for ensuring vendor relationships support organizational goals while mitigating risks and maintaining compliance.

What are the main challenges faced in a third party vendor management role?

A common challenge in Third Party Vendor Management is balancing organizational needs with vendor capabilities, especially when handling multiple contracts and compliance requirements. The role often involves cross-departmental collaboration to align vendor performance with company objectives, manage risks, and resolve disputes quickly. Navigating communication barriers, cultural differences, and rapidly changing business priorities can add complexity. Staying proactive and adaptable helps professionals in this field maintain positive vendor relationships and ensure consistent service delivery.

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

Third Party Vendor Management professionals should establish clear contracts, define service level agreements, and conduct regular performance reviews to ensure vendors meet organizational standards. Maintaining open communication, assessing risks, and ensuring compliance with policies are essential for effective collaboration.
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Third Party Vendor Management jobs near you
Infographic showing various Third Party Vendor Management job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, and 3% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $72,549 per year, or $34.9 per hour.

Associate, Third-Party Vendor Due Diligence

Community Federal Savings Bank

Manhattan, NY • On-site

$80K - $95K/yr

Full-time

Re-posted 9 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.