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Trainee Third Party Risk Management Jobs (NOW HIRING)

Upstart

Manager, Third Party Risk Management

OR · On-site +1

Lead execution of the bank's end-to-end third-party risk management program, including risk-tiered due diligence, onboarding risk assessments, ongoing monitoring, and offboarding activities across ...

Upstart

Manager, Third Party Risk Management

Lead execution of the bank's end-to-end third-party risk management program, including risk-tiered due diligence, onboarding risk assessments, ongoing monitoring, and offboarding activities across ...

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$25.5K

$43.5K

$63.5K

How much do trainee third party risk management jobs pay per year?

As of Jul 13, 2026, the average yearly pay for trainee third party risk management in the United States is $43,530.00, according to ZipRecruiter salary data. Most workers in this role earn between $33,000.00 and $51,000.00 per year, depending on experience, location, and employer.

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

To excel as a Trainee in Third Party Risk Management, you generally need a bachelor's degree in business, finance, or a related field, along with a basic understanding of risk assessment and compliance principles. Familiarity with risk management software, vendor management systems, and common regulatory frameworks (such as ISO 27001 or SOC 2) is often expected. Attention to detail, analytical thinking, and strong communication skills help you identify risks and collaborate effectively with internal and external stakeholders. These competencies are vital for ensuring that third-party relationships align with organizational risk tolerance and regulatory requirements.

What is a Trainee Third Party Risk Management?

A Trainee in Third Party Risk Management is an entry-level professional who assists in identifying, assessing, and mitigating risks associated with an organization’s external vendors or partners. This role typically involves learning how to evaluate third-party compliance, monitor vendor performance, and ensure that external relationships do not pose threats to the company’s operations or data security. Trainees often work under the supervision of senior risk managers, gaining experience in risk assessment frameworks, regulatory requirements, and risk mitigation strategies. The position serves as a foundational step toward more specialized roles in risk management or compliance.

What are some common challenges faced by a Trainee in Third Party Risk Management, and how can they be addressed?

As a Trainee in Third Party Risk Management, one of the main challenges is quickly understanding the complex regulatory landscape and the variety of risks associated with vendors, such as cybersecurity, compliance, and operational risks. Adapting to fast-paced environments and learning to use risk assessment tools can also be demanding. These challenges can be addressed by actively seeking mentorship from experienced colleagues, participating in training sessions, and staying updated on industry best practices. Open communication with cross-functional teams like procurement, legal, and IT is essential for gaining a holistic view of third-party risks and developing effective risk mitigation strategies.
What cities are hiring for Trainee Third Party Risk Management jobs? Cities with the most Trainee Third Party Risk Management job openings:
What are the most commonly searched types of Third Party Risk Management jobs? The most popular types of Third Party Risk Management jobs are:
What states have the most Trainee Third Party Risk Management jobs? States with the most job openings for Trainee Third Party Risk Management jobs include:
Trainee Third Party Risk Management jobs near you
Manager, Third Party Risk Management

Manager, Third Party Risk Management

Upstart

OR • On-site, Remote

Other

Posted 17 days ago

Job description

The Team: 

Upstart's Risk team is building its second line of defense function in support of its application to establish Upstart Bank, N.A., a de novo national bank. The team is responsible for Upstart's enterprise risk management program and risk governance, providing independent oversight and credible challenge across key risk categories including operational risk, third-party risk, technology and information security risk, treasury risk, and compliance risk. The Risk team partners closely with business leaders, executive management, and the Board to ensure material risks are effectively identified, assessed, monitored, and governed in alignment with OCC, FDIC, and interagency regulatory expectations.

As the Manager, Third Party Risk Management at Upstart, you will lead the day-to-day execution of the bank's third-party risk management program and oversee a team responsible for risk assessments, due diligence, ongoing monitoring, and vendor oversight activities. You will play a key role in ensuring the program remains scalable, exam-ready, and aligned with evolving regulatory expectations while supporting the growth of Upstart Bank.

How you'll make an impact

  • Lead execution of the bank's end-to-end third-party risk management program, including risk-tiered due diligence, onboarding risk assessments, ongoing monitoring, and offboarding activities across all vendor tiers.
  • Manage and develop the Third-Party Risk Management team by setting priorities, providing coaching, and ensuring consistent, high-quality risk assessments and oversight activities.
  • Serve as the primary second-line escalation point for elevated or complex third-party risk matters, providing risk-based recommendations and ensuring issues are appropriately documented, tracked, and resolved.
  • Maintain and enhance third-party risk management frameworks, risk tiering methodologies, assessment templates, and governance processes to support a scalable, risk-based program.
  • Partner with Legal, Compliance, Information Security, Affiliate Risk, and business stakeholders to ensure consistent application of third-party risk standards throughout the vendor lifecycle.
  • Lead regulatory examination readiness and support responses to OCC, FDIC, internal audit, and external audit inquiries related to third-party risk management.

Minimum Qualifications 

  • Bachelor's degree or equivalent practical experience.
  • 6+ years of experience in third-party risk management, compliance, audit, operational risk, or a related risk discipline within a banking or financial services environment.
  • Experience leading a third-party risk management program, including risk assessments, due diligence reviews, ongoing monitoring, and issue management across a multi-vendor portfolio.
  • Knowledge of OCC, FDIC, and interagency guidance related to third-party relationships and risk management, including the 2023 Interagency Guidance on Third-Party Relationships: Risk Management.
  • Experience assessing and managing risks associated with multiple third-party relationship types, including suppliers, lending partners, affiliates, and technology service providers.

Preferred Qualifications

  • Direct experience supporting OCC or FDIC regulatory examinations related to third-party risk management.
  • Experience leading or developing risk, compliance, audit, or third-party risk professionals.
  • Knowledge of affiliate risk oversight requirements, including Regulation W and related regulatory expectations.
  • Experience operating within a fintech, digital banking, or technology-intensive environment, including oversight of cloud, SaaS, and other technology service providers.
  • Experience using governance, risk, and compliance (GRC) platforms to support third-party risk assessments, issue management, workflow automation, and ongoing monitoring activities.

Position location This role is available in the following locations: Remote 

Time zone requirements The team operates on the East/West coast time zones. 

Travel requirements As a digital first company, the majority of your work can be accomplished remotely. The majority of our employees can live and work anywhere in the U.S but are encouraged to to still spend high quality time in-person collaborating via regular onsites. The in-person sessions' cadence varies depending on the team and role; most teams meet once or twice per quarter for 2-4 consecutive days at a time.

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