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Vendor Risk Management information

See Delaware salary details

$43.5K

$103.8K

$167.6K

How much do vendor risk management jobs pay per year?

As of Aug 25, 2026, the average yearly pay for vendor risk management in Delaware is $103,793.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,600.00 and $132,100.00 per year, depending on experience, location, and employer.

What is vendor risk management?

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 are some common challenges faced in vendor risk management?

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 key skills and qualifications needed to thrive in vendor risk management?

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 to do vendor risk management?

Vendor risk management involves identifying, assessing, and mitigating risks associated with third-party vendors to ensure they meet security, compliance, and performance standards. It typically includes conducting due diligence, evaluating vendor controls, and monitoring ongoing performance using tools like risk assessment frameworks and audits. Strong communication and documentation are essential for effective management.

What does a vendor risk management do?

A vendor risk management professional assesses and monitors the risks associated with third-party vendors to ensure compliance, security, and operational integrity. They evaluate vendor security practices, contractual obligations, and potential vulnerabilities, often using risk assessment tools and frameworks to mitigate potential threats to the organization.

What are popular job titles related to Vendor Risk Management jobs in Delaware?

For Vendor Risk Management jobs in Delaware, the most frequently searched job titles are:

What job categories do people searching Vendor Risk Management jobs in Delaware look for?

The top searched job categories for Vendor Risk Management jobs in Delaware are:

Vendor Risk Management jobs near you
Infographic showing various Vendor Risk Management job openings in Delaware as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, and 2% Contract. Highlights an 82% Physical, 3% Hybrid, and 15% Remote job distribution, with an average salary of $103,793 per year, or $49.9 per hour.

Manager of IT Risk and Compliance

REEDS Jewelers

Wilmington, DE • On-site

$120 - $160/hr

Other

Medical, Dental, Life, Retirement, PTO

Re-posted 10 days ago

Reeds Jewelers Inc. rating

5.3

Company rating: 5.3 out of 10

Based on 12 frontline employees who took The Breakroom Quiz

25th of 30 rated jewelry retailers

Job description

Luxury. Innovation. Opportunity.

AtREEDS Jewelers, we bring together the timeless values with the energy and innovation of a modern luxury retailer. For 80 years, we’ve built a legacy of trust, exceptional customer service, and curated fine jewelry- offering our clients an elevated experience both in-store and online. We believe every milestone deserves to be marked with elegance, and every moment honored with meaning. As one of the nation’s largest family-owned jewelers, we are proud to pair a rich legacy with a modern vision for the future of luxury retail.

What sets REEDS apart is our unwavering commitment to people and progress. We stay true to our roots while constantly evolving, embracing new technology, premium brands, and forward-thinking practices to lead in the world of luxury retail. Here, you’ll find more than a job, you’ll find a career with purpose, growth, and lasting impact.

Overview

The Manager of IT Risk and Compliance will design, implement, and oversee the enterprise-wide IT governance, procurement, risk management, and compliance (GRC) framework for REEDS Jewelers. This strategic leader will ensure that our retail stores, corporate infrastructure, and e-commerce platform are secure, resilient, and fully compliant with all applicable regulatory, financial, and industry standards.

Additionally, this role serves as a critical point of escalation for specialized financial intelligence. The Director will independently investigate, troubleshoot, and formally file Suspicious Activity Reports (SARs) to mitigate risks associated with multi-channel point-of-sale fraud, e-commerce identity theft, credit underwriting anomalies, and anti-money laundering (AML) compliance.

Key Responsibilities1. Financial Intelligence, Fraud Investigation & SAR Filing
  • Incident Investigation: Lead technical forensic investigations into complex corporate fraud including: e-commerce account takeovers, gift card manipulation, and anomalous transactional behaviors across point-of-sale (POS) and omni-channel credit integrations.
  • SAR Management & Filing: Own the end-to-end process of troubleshooting suspicious patterns, compiling narrative reports, and formally filing Suspicious Activity Reports (SARs) with the Financial Crimes Enforcement Network (FinCEN) in strict compliance with Bank Secrecy Act (BSA) rules for luxury retailers.
  • Executive Briefings: Provide the CIO and executive leadership with confidential intelligence briefs regarding internal or external fraud investigations, exposure assessments, and structural vulnerabilities.
2. Regulatory & Industry Compliance
  • PCI-DSS Management: Own end-to-end compliance for PCI-DSS across all digital checkout touchpoints, POS systems, and multi-channel payment integrations.
  • Financial & Corporate Governance: Manage and test IT General Controls (ITGC) to support Sarbanes-Oxley (SOX) audit readiness, ensuring tight segregation of duties (SoD) across financial and inventory systems (e.g., enterprise ERP and legacy AS400 databases).
  • Data Privacy & AML Regulations: Monitor and enforce compliance with data privacy frameworks (including CCPA/CPRA) and specialized AML regulations impacting loyalty databases, high-value cash/financing transactions, and digital marketing.
3. Risk Management & Third-Party Governance
  • IT Enterprise Risk Register: Maintain and update the IT risk register, translating technical security findings and transaction fraud vectors into quantifiable business risks.
  • Technology Vendor Risk Management (VRM): Architect and execute a robust third-party risk assessment program for SaaS providers, financial partners, supply chain logistics, and AI/analytics vendors.
4. IT Audit Coordination & Policy Lifecycle
  • IT Audit Liaison: Act as the primary point of contact for internal and external IT auditors, coordinating evidence collection and owning the tracking and remediation of all audit findings.
  • IT Policy Enforcement: Develop, update, and manage the lifecycle of corporate information security policies aligned with the NIST Cybersecurity Framework or ISO 27001.
Required Qualifications & Experience
  • Experience: 3 to 5 years of progressive experience in IT audit, information security governance, or IT risk management.
  • Industry Background: Proven experience in a multi-channel retail, e-commerce, banking, or consumer-facing environment with heavy transactional volumes.
  • Framework Expertise: Deep working knowledge of American Disabilities Act (ADA), Data Protection Compliance, PCI-DSS, SOX, and consumer privacy laws.
  • Education: Bachelor’s degree in Information Technology, Cybersecurity, Computer Science, Business Administration, or a related field.
Mandated Professional Certifications

Candidates must possess at least two of the following certifications. Given the expanded investigative mandate, a combination of a technical security certification and a fraud/investigative certification is highly preferred:

  • CISA (Certified Information Systems Auditor): Highly valued for leading internal audit readiness and ITGC/SOX evaluations.
  • CISM (Certified Information Security Manager) or CISSP (Certified Information Systems Security Professional): Required to demonstrate elite capability in managing enterprise security governance and risk.
  • CRISC (Certified in Risk and Information Systems Control): Preferred for candidates specializing in designing and executing enterprise-level IT risk registers.

REEDS Jewelers offers a comprehensive compensation program, merchandise discounts, 401(k), and paid time off. Full-time team members are also eligible for our benefits program including health/dental/life/LTD insurance, and more!

REEDS Jewelers is an Equal Opportunity Employer. We value the diversity of our team, and employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law. REEDS provides a smoke and drug-free environment.

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