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Vendor Risk Management Jobs in Wisconsin (NOW HIRING)

... vendor, or consumer issues * Demonstrate the Company's Core and Growth Values in the performance of all job functions What Do You Need? Education & Experience * Bachelor's degree in Risk Management ...

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Vendor Risk Management information

See Wisconsin salary details

$43.9K

$104.7K

$169.1K

How much do vendor risk management jobs pay per year?

As of Aug 11, 2026, the average yearly pay for vendor risk management in Wisconsin is $104,674.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,200.00 and $133,200.00 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 Wisconsin? The most popular types of Vendor Risk Management jobs in Wisconsin are:
What are popular job titles related to Vendor Risk Management jobs in Wisconsin? For Vendor Risk Management jobs in Wisconsin, the most frequently searched job titles are:
What job categories do people searching Vendor Risk Management jobs in Wisconsin look for? The top searched job categories for Vendor Risk Management jobs in Wisconsin are:
Infographic showing various Vendor Risk Management job openings in Wisconsin as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 16% Part Time, and 2% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $104,674 per year, or $50.3 per hour.

Vendor Risk Analyst 2 (Hybrid Role)

Summit Credit Union

Cottage Grove, WI • On-site

Full-time

Medical, Retirement, PTO

Posted 14 days ago


Summit Credit Union rating

7.7

Company rating: 7.7 out of 10

Based on 16 frontline employees who took The Breakroom Quiz


Job description

At Summit Credit Union, we believe in helping people achieve financial success while creating a workplace where employees feel valued, empowered, and connected. As a Vendor Risk Analyst II, you will play a key role in protecting the organization by supporting our enterprise-wide third-party risk management program and ensuring our vendor partnerships align with regulatory requirements, business objectives, and risk management standards.
What You'll Do
As a Vendor Risk Analyst II, you will:
  • Evaluate and assess third-party vendors during onboarding and throughout the vendor lifecycle.
  • Conduct vendor due diligence reviews and ongoing monitoring activities.
  • Identify, analyze, and communicate vendor-related risks to business stakeholders and leadership.
  • Ensure compliance with internal policies, regulatory requirements, and third-party risk management standards.
  • Partner with business units and vendors to develop and implement risk mitigation strategies.
  • Support vendor offboarding activities through established workflows and vendor management systems.
  • Maintain accurate records and documentation related to vendor risk assessments and reviews.
  • Foster strong relationships with internal stakeholders and external vendors while delivering exceptional service and support.

What You'll Bring
Required Qualifications
  • Bachelor's degree in Business Administration, Risk Management, or a related field; or an equivalent combination of education and experience.
  • Three or more years of experience in vendor risk management or a related risk management function.
  • Strong understanding of vendor risk assessment methodologies and due diligence practices.
  • Knowledge of financial industry regulations and guidance, including NCUA regulations, FFIEC guidance, and the Gramm-Leach-Bliley Act (GLBA).
  • Experience managing multiple priorities in a fast-paced environment.
  • Excellent analytical, critical thinking, communication, and organizational skills.
  • Proficiency with Microsoft Office applications and vendor management systems.
Preferred Qualifications
  • Certification in Vendor Relationship Management, such as Certified Regulatory Vendor Program Manager (CRVPM) Level 3, or equivalent certification.
  • Knowledge of business continuity and third-party resilience requirements.
  • Experience working within a financial institution or highly regulated industry.
What Success Looks Like
In this role, you will help ensure:
  • Vendors are thoroughly vetted and monitored throughout their lifecycle.
  • Risk assessments are completed accurately and timely.
  • Emerging risks are escalated appropriately to stakeholders and leadership.
  • Vendor relationships are managed proactively and effectively.
  • The credit union maintains a strong, compliant, and service-focused third-party risk program.

Our perks include:
  • Excellent health insurance options to support you and your family
  • 401(k) with employer match to help you invest in your future
  • Generous paid time off so you can recharge and live your life
  • Paid holidays and wellness-focused benefits
  • Opportunities for professional growth and leadership development
  • A people-first culture that values inclusion, purpose, and impact
  • And more benefits designed to support you-at work and beyond

Our Commitment
At Summit Credit Union, different makes us better. We are proud to be an Equal Employment Opportunity employer and are committed to building a diverse, inclusive workplace where everyone belongs and can do their best work.
Ready to help us manage risk while building strong vendor partnerships? Apply today and join a team dedicated to protecting and strengthening our organization for the future.
Additional Information
  • Physical Demands of Position: While performing the duties of this job, the employee is continuously required to stand, walk and sit, use hands and fingers. The employee occasionally must reach above and below shoulder level, and lift/push/pull and/or carry up to 40 pounds.
  • Environmental/Working Conditions: Works in a typical administrative setting with climate control and appropriate lighting. Saturday hours required.
  • Equipment Used: Computer terminal/PC, calculator, printer/copiers, telephone.
  • EEO Statement: At Summit Credit Union, we are committed to providing Equal Employment Opportunity regardless of race, color, religion, sex, age, national origin, disability, military and veteran status, sexual orientation, gender identity, marital status or any other characteristic protected by local, state, or federal law. We embrace diversity and believe that inclusion is critical to our success as a credit union. Different makes us better. Employment decisions are made based on qualifications, merit, and business need.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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