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Vendor Risk Management Jobs in Philadelphia, PA (NOW HIRING)

County of Delaware

Risk Manager

Media, PA · On-site

$75K - $98K/yr

The Risk Manager ensures compliance with applicable federal, Commonwealth of Pennsylvania, and ... Strong vendor management skills. Ability to review and interpret legal contracts and insurance ...

Judge Group, Inc.

Manager, IT Security, GRC

Burlington, NJ · On-site

$150K - $175K/yr

Vendor Risk Management: * Partner with the procurement and legal teams to integrate cybersecurity function into the overall process, mitigating supply chain risks for the company. * Manage third ...

Socket.dev

Senior Security Analyst

Exton, PA · On-site

$77 - $82/hr

Manage encryption, key management, secure storage, identity management, and Data Loss Prevention ... Conduct comprehensive third-party/vendor security assessments and ongoing vendor risk monitoring.

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Vendor Risk Management information

See Philadelphia, PA salary details

$43.9K

$104.6K

$169K

How much do vendor risk management jobs pay per year?

As of Sep 4, 2026, the average yearly pay for vendor risk management in Philadelphia, PA is $104,646.00, 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.

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 the most commonly searched types of Vendor Risk Management jobs in Philadelphia, PA?

The most popular types of Vendor Risk Management jobs in Philadelphia, PA are:

What are popular job titles related to Vendor Risk Management jobs in Philadelphia, PA?

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

What job categories do people searching Vendor Risk Management jobs in Philadelphia, PA look for?

The top searched job categories for Vendor Risk Management jobs in Philadelphia, PA are:

Vendor Risk Management jobs near you
Infographic showing various Vendor Risk Management job openings in Philadelphia, PA as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 82% Physical, 3% Hybrid, and 15% Remote job distribution, with an average salary of $104,646 per year, or $50.3 per hour.

Vendor Management Strategy, Senior Associate

JPMorgan Chase & Co

Wilmington, DE • On-site

Full-time

Medical, Retirement

Re-posted 10 hours ago

JPMorgan Chase & Co. rating

7.9

Company rating: 7.9 out of 10

Based on 500 frontline employees who took The Breakroom Quiz

77th of 174 rated banks

Job description

Join Strategic Partner Services to help shape how JPMorganChase Marketing and CCB Communications manage and govern third-party partnerships. You will help optimize a complex vendor landscape while strengthening disciplined risk management and control alignment. You will also advance responsible, AI-enabled process improvements that elevate stakeholder and supplier experiences.

As Vendor Management Strategy, Senior Associate on the Strategic Partner Services team, you will support end-to-end vendor management and third-party governance activities across a diverse supplier portfolio. You will partner with business stakeholders, control partners, sourcing teams, and suppliers to drive operational execution, portfolio reporting, and vendor landscape optimization. You will identify and apply AI-enabled tools to streamline processes, enhance insights, and improve business outcomes with a strong risk mindset.

Job Responsibilities:
  • Support supplier onboarding, engagement lifecycle management, and governance execution across assigned vendors
  • Coordinate contract intake, renewals, and related stakeholder inputs to enable timely vendor decisions
  • Manage invoice processing workflows and track payment status to support operational accuracy
  • Monitor vendor third-party governance requirements and flag gaps to appropriate partners
  • Develop dashboards, presentations, and portfolio reporting to deliver actionable business insights
  • Synthesize inputs from multiple stakeholders to identify trends, risks, and opportunities
  • Escalate emerging issues with clear context and recommended next steps to support decision-making
  • Partner cross-functionally with sourcing, legal, compliance, risk, technology, and operations teams on reviews
  • Drive execution of strategic supplier initiatives through organized planning and follow-through
  • Leverage AI-enabled tools and emerging technologies to increase efficiency and streamline processes
  • Communicate status, risks, and outcomes effectively to audiences from working teams to senior leaders
Required qualifications, capabilities, and skills:
  • Bring 4+ years of experience in vendor management, business operations, governance, sourcing/procurement support, or related fields
  • Hold a bachelor's degree or equivalent combination of education and relevant experience
  • Demonstrate ability to collaborate across diverse stakeholder groups and act as an effective intermediary
  • Apply a strong risk mindset and sound judgment when managing third-party activities
  • Produce clear analytical reporting by building dashboards, presentations, and portfolio views
  • Communicate effectively in writing and verbally while tailoring messages to different audiences
  • Leverage AI-enabled tools to improve efficiency, streamline processes, and enhance business outcomes
Preferred qualifications, capabilities, and skills:
  • Operate effectively in complex, highly matrixed environments supporting multiple stakeholders and suppliers
  • Manage higher-complexity vendor portfolios with multiple concurrent workstreams and deadlines
  • Coordinate cross-functional review cycles across sourcing, legal, compliance, risk, and technology partners
  • Strengthen vendor landscape optimization efforts through structured tracking and governance discipline
  • Improve stakeholder and supplier experiences by standardizing workflows and reducing friction points
  • Deliver executive-ready communications that distill complex status, risks, and decisions
  • Advance continuous improvement initiatives by testing and scaling AI-enabled process enhancements

Chase is a leading financial services firm, helping nearly half of America's households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs. 

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.  We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

Equal Opportunity Employer/Disability/Veterans

Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.

Marketing & Communications teams shape the firm's brand and protect and grow the firm's excellent reputation across the world. They deepen relationships with customers through shared passions with a best in class portfolio of partnerships including Madison Square Garden, The Chase Center & the US Open. Through the use of data and analytics, they create and deliver marketing campaigns or servicing messages through Chase.com, the mobile app, and paid media channels based on what is best for the customer.

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