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Vendor Risk Management Jobs in Birmingham, AL (NOW HIRING)

... Risk Management workstreams in partnership with architects and product owners * Managing ... Orchestrating cross-functional teams and vendors across onshore and offshore models; aligning ...

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Vendor Risk Management information

See Birmingham, AL salary details

$40.8K

$97.2K

$157K

How much do vendor risk management jobs pay per year?

As of Aug 23, 2026, the average yearly pay for vendor risk management in Birmingham, AL is $97,190.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,900.00 and $123,700.00 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 Birmingham, AL?

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

What job categories do people searching Vendor Risk Management jobs in Birmingham, AL look for?

The top searched job categories for Vendor Risk Management jobs in Birmingham, AL are:

Infographic showing various Vendor Risk Management job openings in Birmingham, AL as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, and 3% Contract. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $97,190 per year, or $46.7 per hour.

Vendor Contracts Administrator

Triton Health Systems

Birmingham, AL

Full-time

Re-posted 6 days ago


Job description

Vendor Contracts Administrator

Location: Birmingham, AL

Work Schedule: Hybrid schedule with regular work onsite at the VIVA HEALTH corporate office and some work-from-home opportunities.

The Vendor Contracts Administrator is responsible for administering the full lifecycle of vendor contracts from development and execution through renewal and performance tracking while maintaining accuracy, compliance, and alignment with VIVA HEALTH’S policies, regulatory standards, and operational needs. This position ensures each vendor is assigned an internal business owner who is trained on VIVA HEALTH’S expectations for contract negotiation, execution, implementation, oversight, and renewal, amendment, or termination.

Why VIVA HEALTH?

VIVA HEALTH, part of the renowned University of Alabama at Birmingham (UAB) Health System, is a health maintenance organization providing quality, accessible health care. Our employees are a part of the communities they serve and proudly partner with members on their healthcare journeys.

VIVA HEALTH has been recognized by Centers for Medicare & Medicaid Services (CMS) as a high-performing health plan and has been repeatedly ranked as one of the nation's Best Places to Work by Modern Healthcare.

Benefits

  • Comprehensive Health, Vision, and Dental Coverage
  • 401(k) Savings Plan with company match and immediate vesting
  • Paid Time Off (PTO)
  • 9 Paid Holidays annually plus a Floating Holiday to use as you choose
  • Tuition Assistance
  • Flexible Spending Accounts
  • Healthcare Reimbursement Account
  • Paid Parental Leave
  • Community Service Time Off
  • Life Insurance and Disability Coverage
  • Employee Wellness Program
  • Training and Development Programs to develop new skills and reach career goals
  • Employee Assistance Program

See more about the benefits of working at Viva Health - https://www.vivahealth.com/careers/benefits

Key Responsibilities

  • Administer and maintain all vendor contracts within the contract management system, ensuring version control, accuracy, and accessibility.
  • Coordinate contract drafting, review, approval, and execution processes across internal departments and with Legal.
  • Design, implement, and maintain standardized contract checklists for use by internal Vendor Business Owners (VBOs) to ensure agreements include required legal, compliance, and service level provisions prior to execution.
  • Train and support VBOs on contract management best practices including negotiation of terms, defining service level agreements (SLAs), performance standards, and measurable outcomes aligned with business objectives.
  • Track key contract milestones, renewal dates, and performance obligations to ensure timely and compliant vendor management.
  • Act as the primary point of contact for contract inquiries, updates, and reporting.
  • Support vendor on-boarding by ensuring required documentation and internal approvals are complete prior to activation.
  • Prepare and maintain reports and dashboards related to contract status, expirations, and performance metrics.
  • Serve as the subject matter expert for the contract management system. Support user training, enhancements, and process improvements. May assist in vetting, choosing, and implementing contract management system including designing workflows and testing after production.
  • Support and advise VBOs in the development of Requests for Proposals (RFPs), including scope definition, contractual requirements, performance expectations, and evaluation criteria when appropriate.
  • Identify opportunities to enhance contract processes, improve efficiency, strengthen vendor governance, and improve accountability.

REQUIRED:

  • Bachelor's Degree in Business Administration, Healthcare Administration, Legal Studies, or related field or equivalent work experience
  • Minimum of 3–5 years of experience in contract administration, preferably within a health plan, healthcare organization, or regulated industry
  • Exceptional attention to detail and organizational skills
  • Strong written and verbal communication abilities
  • Ability to read and understand contracts and other legal documents
  • Proactive with the ability to manage multiple priorities and meet deadlines in a fast-paced environment
  • Strong analytical, critical thinking, and problem-solving skills
  • Proficiency with contract management software
  • Proficiency with Microsoft Office applications, including Excel and Word
  • Understanding of healthcare compliance requirements (HIPAA, CMS, OIG, etc.)

PREFERRED:

  • 5-7 years of experience in contract administration, preferably within a health plan, healthcare organization, or regulated industry
  • Paralegal experience
  • Certification in Contract Management (IACCM/WorldCC or NCMA)
  • Experience working for a regional or mid-size health plan
  • Familiarity with vendor risk management and procurement processes