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Vendor Risk Assessment Jobs in California (NOW HIRING)

Risk Manager

Rialto, CA · On-site

$113K - $162K/yr

... assessment, insurance and liability matters, workplace safety, contract and vendor risk, and exposure reduction. The Risk Manager also oversees staff responsible for safety programs, compliance ...

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Vendor Risk Assessment information

What is the difference between Vendor Risk Assessment vs Vendor Compliance Analyst?

AspectVendor Risk AssessmentVendor Compliance Analyst
Primary FocusEvaluating risks associated with vendors and third-party providersEnsuring vendors comply with policies, regulations, and contractual obligations
CertificationsCertifications like CISSP, CISA, or vendor risk management coursesCertifications such as CCEP, CISA, or compliance-specific credentials
Work EnvironmentRisk management teams, procurement, cybersecurity departmentsCompliance teams, legal, procurement, and audit departments
Industry UsageCommon in finance, healthcare, and IT sectorsPrevalent in regulated industries like finance, healthcare, and manufacturing

Vendor Risk Assessment focuses on identifying and mitigating risks posed by vendors, while Vendor Compliance Analysts ensure vendors adhere to policies and regulations. Both roles are essential for managing third-party relationships but differ in their primary objectives and activities.

What are the key skills and qualifications needed to thrive as a Vendor Risk Assessment professional, and why are they important?

To thrive in Vendor Risk Assessment, you need a solid understanding of risk management principles, third-party due diligence, and regulatory compliance, often supported by a degree in business, IT, or a related field. Familiarity with risk assessment tools, governance frameworks (like ISO 27001), and platforms such as GRC (Governance, Risk, and Compliance) systems is typically required. Strong analytical thinking, attention to detail, and effective communication skills help professionals assess vendor risks and collaborate across departments. These skills are crucial for identifying, mitigating, and communicating risks that could impact an organization’s operations, security, or reputation.

What are some common challenges faced in a Vendor Risk Assessment role, and how can I prepare to address them?

Professionals in Vendor Risk Assessment often encounter challenges such as managing large volumes of vendor data, ensuring compliance with evolving regulations, and effectively communicating risks to both internal stakeholders and vendors. To prepare for these challenges, it's important to develop strong organizational and analytical skills, stay informed about regulatory changes, and build effective communication strategies. Collaborating closely with procurement, legal, and IT teams is also essential for gathering accurate information and implementing risk mitigation measures.

What is a Vendor Risk Assessment?

A Vendor Risk Assessment is a process used by organizations to evaluate and manage the potential risks associated with outsourcing services or products to third-party vendors. The assessment typically examines areas such as data security, regulatory compliance, financial stability, and operational practices of the vendor. Its purpose is to identify potential vulnerabilities or threats that could impact the organization if the vendor fails to meet expectations or is compromised. Regular vendor risk assessments help ensure that third-party relationships do not expose the company to undue risk and that appropriate controls are in place.
What job categories do people searching Vendor Risk Assessment jobs in California look for? The top searched job categories for Vendor Risk Assessment jobs in California are:
What cities in California are hiring for Vendor Risk Assessment jobs? Cities in California with the most Vendor Risk Assessment job openings:
Infographic showing various Vendor Risk Assessment job openings in California as of July 2026, with employment types broken down into 60% Full Time, 20% Temporary, and 20% Contract. Highlights an 100% In-person job distribution.
Vendor Risk Management Analyst

Vendor Risk Management Analyst

Latham & Watkins LLP

Los Angeles, CA • Hybrid

$80K - $110K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 20 days ago


Latham & Watkins rating

8.5

Company rating: 8.5 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

12th of 34 rated law firms


Job description

About Latham & Watkins

Latham & Watkins is one of the world's leading global law firms advising the businesses and institutions that drive the global economy. We are the market leaders in major financial and business centers around the world. Our investment in people, commitment to innovation, and focus on the future empower you to build an incredible career and thrive as an exceptional professional in a supportive culture. If you aspire to be the best, and work with the best, this is where you belong.

About the Role

The Vendor Risk Management Analyst is an integral part of Latham's Global Finance team. This role will be responsible for assessing, monitoring, and mitigating risks associated with our vendor relationships, as well as analyzing vendor risk profiles through various due diligence activities of new and existing vendors to identify potential risks and vulnerabilities, in order to develop risk profiles and categorize vendors based on risk levels. This role will be located in our Global Services Office (GSO) in Downtown Los Angeles. Please note that this role may be eligible for a flexible working schedule that allows for a hybrid and in-office presence.

Responsibilities & Qualifications

Other key responsibilities include:

  • Ensuring vendor performance and compliance with contractual obligations and regulatory requirements, and preparing detailed reports and dashboards to communicate risk findings to management
  • Developing and implementing risk mitigation strategies to address identified risks, and collaborating with vendors and internal teams to ensure effective risk management practices are in place
  • Analyzing vendor performance metrics and reports to assess service quality, cost-effectiveness, and compliance, and providing recommendations for improvement and cost-saving opportunities
  • Coordinating and conducting vendor audits to evaluate compliance with company policies and industry standards, as well as documenting findings and following up on corrective actions
  • Assisting in the development and maintenance of vendor risk management policies and procedures, and ensuring alignment with industry best practices and regulatory requirements
  • Protecting and maintaining any highly sensitive, confidential, privileged, financial, and/or proprietary information that Latham & Watkins retains 

We'd love to hear from you if you:

  • Demonstrate strong analytical skills with proficiency in data analysis tools and software
  • Exhibit the ability to work in a team environment with a strong customer service focus
  • Possess strong communication skills

And have:

  • A bachelor's degree, preferably a master's degree, professional certification, or extended education in a related field
  • A minimum of four (4) years of experience in vendor risk management, compliance, or a related role
  • Relevant experience at a professional services firm or Fortune 500 company, preferably
Benefits & Additional Information

Successful candidates will not only be provided with an outstanding career opportunity and welcoming environment, but will also be provided with a generous total compensation package with bonuses awarded in recognition of both individual and firm performance. Eligible employees can participate in Latham's comprehensive benefit program which includes:

  • Healthcare, life and disability insurance
  • A generous 401k plan
  • At least 11 paid holidays per year, and a PTO program that accrues 23 days during the first year of employment and grows with tenure
  • Well-being programs (e.g. mental health services, mindfulness and resiliency, medical resources, well-being events, and more)
  • Professional development programs
  • Employee discounts
  • Affinity groups, networks, and coalitions for lawyers and staff

Latham & Watkins is an equal opportunity employer. The Firm prohibits discrimination against any employee or applicant for employment on the basis of race (including, but not limited to, hair texture and protective hairstyles), color, religion, sex, age, national origin, sexual orientation, gender identity, veteran status (including veterans of the Vietnam era), gender expression, marital status, or any other characteristic or condition protected by applicable statute.

Latham & Watkins LLP will consider qualified applicants with criminal histories in a manner consistent with the City of Los Angeles Fair Chance Initiative for Hiring Ordinance (FCIHO).  Please click the link below to review the Ordinance.

Please click here to review your rights under U.S. employment laws. 

#Associate #LI-SR1

Pay RangeUSD $80,000.00 - USD $110,000.00 /Yr.Employment Type: FULL_TIME

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