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Vendor Risk Management Jobs in Maryland (NOW HIRING)

SC&H Group

Risk Senior Manager

Baltimore, MD · On-site

... vendor risk, cloud controls, incident response, logging/monitoring, data governance, AI governance). * Excellent client communication, executive presence, and stakeholder management skills. * Prior ...

SC&H Group

Risk Senior Manager

Columbia, MD · On-site

... vendor risk, cloud controls, incident response, logging/monitoring, data governance, AI governance). * Excellent client communication, executive presence, and stakeholder management skills. * Prior ...

SC&H Group

Risk Senior Manager

Hunt Valley, MD · On-site

... vendor risk, cloud controls, incident response, logging/monitoring, data governance, AI governance). * Excellent client communication, executive presence, and stakeholder management skills. * Prior ...

Transamerica

Sr Risk Manager, GRC Systems

Baltimore, MD · On-site

Senior Risk Manager, GRC Systems At Transamerica, hard work, innovative thinking, and personal ... Oversee GRC vendor management, system enhancements, and change governance, ensuring stability and ...

New

SC&H Group

Risk Senior Manager

Columbia, MD · On-site +1

... vendor risk, cloud controls, incident response, logging/monitoring, data governance, AI governance). * Excellent client communication, executive presence, and stakeholder management skills. * Prior ...

Becton, Dickinson and Company

$111K - $111K/yr

Identifyopportunities for license optimization, consolidation, cost avoidance, and vendor risk ... Program Execution & Delivery Management * Drive execution across multiple concurrent initiatives ...

Aegon

Sr Risk Manager, GRC Systems

Baltimore, MD · On-site

Oversee GRC vendor management, system enhancements, and change governance, ensuring stability and ... Define and execute a risk data strategy, delivering consistent, reliable, and decision-useful data ...

Jobgether

Security Vendor Specialist, NA

Baltimore, MD · On-site

$115K - $125K/yr

Manage the full vendor onboarding lifecycle, including due diligence processes, third-party risk management requirements, confidentiality agreements, and vendor setup workflows. * Maintain accurate ...

New

Becton, Dickinson and Company

$111K - $111K/yr

Identify opportunities for license optimization, consolidation, cost avoidance, and vendor risk ... Program Execution & Delivery Management * Drive execution across multiple concurrent initiatives ...

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All JobsVendor Risk Management JobsVendor Risk Management Jobs in Maryland

Vendor Risk Management information

See Maryland salary details

$42.2K

$100.6K

$162.6K

How much do vendor risk management jobs pay per year?

As of Aug 11, 2026, the average yearly pay for vendor risk management in Maryland is $100,649.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,400.00 and $128,100.00 per year, depending on experience, location, and employer.

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 vendor management software. Strong communication and documentation are essential for effective oversight.

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.

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 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 most commonly searched types of Vendor Risk Management jobs in Maryland? The most popular types of Vendor Risk Management jobs in Maryland are:
What are popular job titles related to Vendor Risk Management jobs in Maryland? For Vendor Risk Management jobs in Maryland, the most frequently searched job titles are:
What job categories do people searching Vendor Risk Management jobs in Maryland look for? The top searched job categories for Vendor Risk Management jobs in Maryland are:
What cities in Maryland are hiring for Vendor Risk Management jobs? Cities in Maryland with the most Vendor Risk Management job openings:
Vendor Risk Management jobs near you
Infographic showing various Vendor Risk Management job openings in Maryland as of August 2026, with employment types broken down into 1% As Needed, 76% Full Time, 21% Part Time, and 2% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $100,649 per year, or $48.4 per hour.

Senior Contract Analyst

Lafayette Federal Credit Union

Rockville, MD • On-site

$89K - $118K/yr

Full-time

Medical, Life, Retirement, PTO

Re-posted 11 days ago

Job description

Job Type
Full-time
Description
NOTICE: JOB APPLICANTS LIMITED TO DC, MD, OR VA RESIDENTS. POSITION IS HYBRID. Please note that we are exclusively considering applicants residing in the District of Columbia, Maryland, or Virginia for all open positions.
Be part of Lafayette Federal Credit Union, recognized by USA Today as a Top Workplace for three consecutive years (2024-2026)
We are expanding and looking for exceptional talent to support our members and contribute to our reputation as an employer of choice. Be a key player in our mission to become the premier financial partner for our community. Your skills and dedication are essential to our success.
Lafayette Federal may have the perfect opportunity for you! We are currently seeking a Senior Contract Analyst to join our dynamic team!
About us:
Our Difference: What makes Lafayette Federal cutting-edge ? Lafayette Federal Credit Union is not only a great place to bank, but also a great place to work! We have been recognized nationally by (1) Newsweek's America's Best Bank's list, (2) we've received a 5-star rating from Bauer financial, and (3) we've also ranked #12 in S&P Global' s Top Performing Credit Union's in 2022 for the second year in a row!
Our Culture: Lafayette Federal is about inclusion, diversity, high performance, and new opportunities. Teamwork and our sense of community also make Lafayette Federal a great place to work. Each person is valued for his or her unique set of skills. We share a common devotion to the people we serve, participating in charity events throughout each year and giving back to the community.
Our Opportunities: Professional development, training, and certification is a priority for our employees. We want you to reach your career goals and provide support that leads to opportunities of advancement within the industry.
About the role:
Lafayette Federal Credit Union is currently seeking a Senior Contract Analyst who will be responsible for the analysis, administration, and oversight of the Credit Union's contracts and third-party vendor relationships. This role ensures contractual agreements are structured to protect the Credit Union's interests, support strategic business objectives, and maintain compliance with applicable legal and regulatory requirements.
The Senior Contract Analyst serves as a key partner within the Risk Management Division, providing expertise throughout the contract lifecycle, including contract review, negotiation support, vendor due diligence, performance monitoring, and ongoing agreement administration. This position helps ensure contracts and associated documentation are legally sound, financially favorable, and aligned with Credit Union policies and operational standards.
The role is responsible for supporting compliance with regulatory expectations established by the NCUA, FFIEC, CFPB, and Lafayette Federal Credit Union's Third-Party Vendor Risk Management Policy. Additionally, the Senior Contract Analyst performs a variety of analytical, administrative, and technical functions to support the day-to-day management of the Credit Union's vendor portfolio, helping to strengthen risk management practices, enhance vendor performance, and promote effective governance across the organization.
Requirements
Essential Functions
  • Review, analyze, and administer contracts to ensure terms, scope of work, and obligations align with Credit Union objectives.
  • Negotiate contract terms, payment structures, and document processes within established authority levels.
  • Ensure compliance with Credit Union policies, procedures, legal requirements, and regulatory guidelines.
  • Coordinate with business units to support contract execution, monitoring, renewals, and vendor performance management.
  • Maintain accurate contract records and documentation within the NContracts Data Management System.
  • Conduct vendor risk assessments and assist with ongoing risk monitoring activities.
  • Prepare reports, support policy implementation efforts, and provide training and guidance to internal stakeholders.
  • Collaborate with Legal Counsel, when necessary, regarding contract interpretation, negotiation, and risk mitigation.
  • Perform due diligence reviews on prospective and existing vendors using LexisNexis, Dun & Bradstreet, the Better Business Bureau, SEC resources, and other research tools.
  • Review, approve, and maintain vendor documentation, including contracts, amendments, renewals, insurance certificates, SOC reports, financial statements, proposals, and invoices.
  • Upload and maintain vendor records and supporting documentation within the NContracts Data Management System.
  • Coordinate with the Claims and Contract Specialist to ensure newly approved vendors are properly documented and captured within the department's master repository.
  • Maintain current and accurate vendor corporate, contact, and relationship information.
  • Access vendor portals, extranets, trust sites, and file-sharing systems to obtain and validate required documentation.
  • Prepare, scan, and update vendor records and supporting documents within the NContracts Data Management System.
  • Track annual reviews, risk assessments, contract renewals, and other vendor management activities through calendar reminders and workflow monitoring.
  • Coordinate with Business Unit Relationship Managers to validate completion of required vendor reviews and risk assessments.
  • Assist in gathering, reviewing, and validating documentation required for internal and external audits.
  • Maintain a thorough understanding of and comply with all Credit Union policies, procedures, regulatory requirements, and mandatory training programs.
  • Complete required training in areas including Vendor Management, BSA/AML, OFAC, Cybersecurity, Diversity & Inclusion, Anti-Harassment, and Fair Lending.
  • Perform additional responsibilities, special projects, and other duties as assigned by the Senior Vice President of Risk Management and/or Vice President of Risk and Vendor Management.

Qualifications
Education
  • Bachelor's degree required.
  • Certification in contract management or vendor management preferred.
  • Minimum of 10 years of experience in a financial institution or related field.

Experience
  • Proven experience in contract management and negotiation.
  • Strong understanding of contract law.
  • Proficiency in Microsoft Office.
  • Excellent analytical, problem-solving, and communication skills.
  • Strong attention to detail and organizational skills.
  • Ability to work collaboratively with internal and external stakeholders.

Interpersonal Skills
  • Ability to establish and maintain effective working relationships with individuals inside and outside the Credit Union.
  • Skilled in first-level conflict resolution, relationship building, and soliciting cooperation from others.
  • Ability to handle confidential and sensitive information with discretion, diplomacy, and tact.

Other Skills
  • Thorough knowledge of Credit Union policies, procedures, regulatory guidelines, and industry practices.
  • Demonstrates a high level of accuracy, attention to detail, and thoroughness in completing work assignments.

Top benefits or perks: Joining Lafayette Federal comes with perks to support you in your personal and professional journey. We provide employees with a generous benefits package including:
  • Employer paid (99.9%) health insurance premium for single and family coverage (HMO Plan)
  • Fully funded deductible (HMO Plan)
  • 401k employer matching contribution
  • Income protection with life insurance, short and long-term disability
  • Paid time off, holiday leave & birthday leave
  • Educational assistance
  • Commuter benefits program and more !

Pay: $78,000 - $95,000 annually depending on experience and qualifications.
The job posting highlights the most critical responsibilities and requirements of the job. It is not all-inclusive. There may be additional duties, responsibilities, and qualifications for this job.
*Lafayette Federal Credit Union is an Equal Opportunity and E-Verify Employer
*EOE/AA/DISABILITY/VETERAN

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