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Vendor Risk Management Jobs in Arizona (NOW HIRING)

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Vendor Risk Management information

See Arizona salary details

$40.5K

$96.6K

$156.1K

How much do vendor risk management jobs pay per year?

As of Jun 22, 2026, the average yearly pay for vendor risk management in Arizona is $96,640.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,600.00 and $123,000.00 per year, depending on experience, location, and employer.

What is the highest paying risk management job?

In risk management, senior roles such as Chief Risk Officer (CRO) or Director of Risk typically have the highest salaries, often exceeding six figures annually. These positions require extensive experience, advanced certifications like FRM or CRM, and strong leadership skills, especially in financial services, insurance, or large corporations.

Do risk managers make good money?

Risk managers, including those in vendor risk management, typically earn competitive salaries that vary by experience, industry, and location. According to industry reports, median annual salaries range from $70,000 to over $120,000, with additional compensation for certifications like CRISC or FRM. The role often requires strong analytical skills and knowledge of compliance and risk assessment tools.

What are the key skills and qualifications needed to thrive in the Vendor Risk Management position, and why are they important?

To thrive in Vendor Risk Management, you need a solid background in risk assessment, contract analysis, and supply chain management, often supported by a degree in business, finance, or a related field. Familiarity with risk management software, vendor management systems, and relevant certifications such as Certified Third Party Risk Professional (CTPRP) are highly valued. Strong attention to detail, excellent communication, and negotiation skills help build effective vendor relationships and navigate complex scenarios. These capabilities are crucial for ensuring organizational compliance, minimizing third-party risks, and maintaining strong supplier performance.

How much does a Risk Manager get paid?

The average salary for a Risk Manager typically ranges from $80,000 to $130,000 annually, depending on experience, industry, and location. Professionals in vendor risk management often require certifications like CRISC or FRM and may work in financial, healthcare, or technology sectors.

What is a Vendor Risk Management job?

A Vendor Risk Management (VRM) job involves assessing, monitoring, and mitigating risks associated with third-party vendors and suppliers. Professionals in this role evaluate vendor security, compliance, and operational risks to protect their organization from potential disruptions, data breaches, or regulatory violations. They work closely with procurement, legal, and IT teams to establish risk management frameworks and ensure vendors meet contractual and security standards. Their responsibilities often include conducting risk assessments, reviewing vendor contracts, and developing risk mitigation strategies. Effective VRM helps organizations reduce exposure to risks while maintaining productive vendor relationships.

What is a vendor Risk Manager?

A Vendor Risk Manager is responsible for assessing and mitigating risks associated with third-party vendors and suppliers. They evaluate vendor security, compliance, and performance, often using risk management tools and frameworks to ensure organizational safety and regulatory adherence.

What are some common challenges faced in a Vendor Risk Management role?

Professionals in Vendor Risk Management often encounter the challenge of assessing and monitoring a wide range of vendors, each with unique risk profiles and compliance requirements. Balancing multiple projects, managing deadlines, and ensuring clear communication between internal stakeholders and vendors can also be demanding. Staying updated on evolving regulatory standards and quickly adapting to new risks is essential in this role. Overcoming these challenges requires strong organizational skills, continual learning, and proactive relationship management.

What are the most commonly searched types of Vendor Risk Management jobs in Arizona? The most popular types of Vendor Risk Management jobs in Arizona are:
What are popular job titles related to Vendor Risk Management jobs in Arizona? For Vendor Risk Management jobs in Arizona, the most frequently searched job titles are:
What job categories do people searching Vendor Risk Management jobs in Arizona look for? The top searched job categories for Vendor Risk Management jobs in Arizona are:
Infographic showing various Vendor Risk Management job openings in Arizona as of June 2026, with employment types broken down into 88% Full Time, 9% Part Time, and 3% Temporary. Highlights an 88% Physical, 5% Hybrid, and 7% Remote job distribution, with an average salary of $96,640 per year, or $46.5 per hour.
Senior Manager, ThirdParty Risk & Vendor Management

Senior Manager, ThirdParty Risk & Vendor Management

Vangard, Inc.

Scottsdale, AZ โ€ข On-site

Full-time

Posted 6 days ago


Job description

Responsibilities:

  • Demonstrates ability to influence strategic decisions and drive improvements to vendor governance, risk management and oversight frameworks in complex, regulated environments
  • Drives continuous improvement of vendor governance and oversight practices, providing independent challenge and recommendations to strengthen vendor performance
  • Identifies emerging third-party risks, trends and control gaps and provides actionable insights and recommendations to business leadership to support risk informed decision making
  • Hires, evaluates, and supervises crew. Provides guidance and training as necessary to develop crew. Sets performance standards, reviews performance, and makes informed compensation decisions in accordance with all applicable Human Resources policies and procedures.
  • Leads the management of vendor relationships of high scope and complexity. Maintains active positive relationships with designated points of contact with key vendors at all levels to escalate, discuss and resolve issues relative to the supply of goods and services.
  • Establishes and maintains vendor relationships, negotiates favorable pricing, and reports on vendor performance.
  • Oversees the comparative evaluations of vendors, both before and after contract negotiations, to ensure that Vanguard obtains the highest value and expected return for its investment in vendor contracts.
  • Consults with internal/external experts to evaluate the financial, operational, and performance reputation of the vendor to ensure that they will make a suitable partner to the organization.
  • Oversees the monitoring of post contract performance of the vendor relative to product or service delivery and performance and may make change recommendations to management.
  • Compiles data and reports for managerial or executive review on aggregate vendor performance.
  • Assists in resolving conflicts and problems that have been referred by others and regularly provides work direction and guidance to less seasoned crew to ensure an effective implementation of Vanguard's short- and long-term vendor management strategies.
  • Participates in special projects and performs other duties as assigned.

Qualifications:

  • Undergraduate degree or equivalent combination of training and experience required; graduate degree preferred.
  • Minimum of eight years of professional related experience, including at least five years in vendor or thirdparty management. Prior peoplemanagement or supervisory experience preferred.
  • Demonstrated experience managing highrisk and/or regulated vendors, including oversight of third parties with direct client impact, financial exposure, operational dependency, or regulatory obligations. Proven ability to assess and manage vendor risk commensurate with criticality and risk tier.
  • Extensive experience in strategic supplier relationship management, including leading complex negotiations, establishing performance and risk governance, and mitigating commercial and operational risk across highvalue, regulated financialservices environments.
  • Strong escalation and issuemanagement experience, including identification, assessment, and remediation of significant vendor failures, control gaps, or performance issues. Ability to partner with business, risk, legal, and compliance stakeholders to drive timely resolution and reduce residual risk.
  • Deep understanding of thirdparty risk management (TPRM) frameworks and regulatory requirements (including SOX and related controls), ensuring vendor practices meet audit, compliance, and operationalrisk standards.
  • Proven ability to improve and mature a vendor management program, beyond execution of existing thirdparty risk policies. Experience identifying gaps, strengthening governance, enhancing reporting and metrics, and proactively evolving vendor oversight frameworks to better manage risk and support business outcomes.
  • Develops and communicates clear vendor strategy, translating business objectives into actionable vendormanagement plans. Effectively communicates expectations, influences senior stakeholders, and gains alignment across multiple leadership levels.

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.