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Vendor Risk Manager Jobs in Connecticut (NOW HIRING)

Director, Treasury

Hartford, CT · On-site

$170K - $200K/yr

This role partners closely with Finance, Investments, Risk Management, Actuarial, Corporate ... Lead periodic treasury service provider reviews and vendor governance activities. Capital Markets ...

Risk Assessment & Coverage Analysis * Underwriting Coordination * Claims Management * Policy & Documentation Management * Contract Insurance Compliance * Vendor & Broker Relationship Management

Risk Assessment & Coverage Analysis * Underwriting Coordination * Claims Management * Policy & Documentation Management * Contract Insurance Compliance * Vendor & Broker Relationship Management

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Showing results 1-20

Vendor Risk Manager information

See Connecticut salary details

$49K

$106.1K

$161.7K

How much do vendor risk manager jobs pay per year?

As of Jul 14, 2026, the average yearly pay for vendor risk manager in Connecticut is $106,122.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,600.00 and $122,700.00 per year, depending on experience, location, and employer.

What is the difference between Vendor Risk Manager vs Vendor Compliance Analyst?

AspectVendor Risk ManagerVendor Compliance Analyst
CertificationsCertified Third Party Risk Professional (CTPRP), Certified Information Systems Auditor (CISA)Certified Compliance & Ethics Professional (CCEP), Certified Regulatory Compliance Manager (CRCM)
Work EnvironmentRisk management teams, procurement, legal departmentsCompliance departments, audit teams, legal units
Industry UsageFinance, healthcare, technology, retailFinance, healthcare, manufacturing, technology
Primary FocusIdentifying, assessing, and mitigating vendor risksEnsuring vendor adherence to compliance standards and policies

The Vendor Risk Manager focuses on evaluating and mitigating risks associated with vendors, while the Vendor Compliance Analyst concentrates on ensuring vendors meet regulatory and internal compliance standards. Both roles are essential in managing vendor relationships but differ in their core responsibilities and focus areas.

How does a Vendor Risk Manager typically collaborate with other departments within an organization?

A Vendor Risk Manager works closely with departments like procurement, legal, IT, and compliance to ensure that vendors meet the organization's security and regulatory standards. This collaboration often involves reviewing contracts, assessing potential risks, and implementing mitigation strategies. Regular communication with stakeholders is essential to keep everyone informed about vendor performance and risk status, making cross-functional teamwork a key aspect of the role. Effective collaboration helps streamline risk assessments and supports informed decision-making across the business.

What are the key skills and qualifications needed to thrive as a Vendor Risk Manager, and why are they important?

To thrive as a Vendor Risk Manager, you need expertise in risk assessment, third-party management, and compliance, often backed by a degree in business, finance, or a related field. Familiarity with risk management platforms, contract management tools, and certifications like Certified Third Party Risk Professional (CTPRP) are highly valuable. Strong analytical thinking, negotiation, and clear communication skills help you collaborate with vendors and internal stakeholders effectively. These skills ensure organizations can identify, mitigate, and manage risks arising from third-party relationships, safeguarding business continuity and compliance.

What are Vendor Risk Managers?

Vendor Risk Managers are professionals responsible for identifying, assessing, and mitigating risks associated with third-party vendors that provide goods or services to an organization. They evaluate vendors’ security, compliance, and operational practices to ensure they meet the company’s standards and regulatory requirements. These managers implement frameworks to monitor vendor performance, manage contracts, and respond to potential risks or incidents. Their role is crucial in protecting the organization from financial, reputational, and regulatory harm that can arise from third-party relationships.
What cities in Connecticut are hiring for Vendor Risk Manager jobs? Cities in Connecticut with the most Vendor Risk Manager job openings:
Infographic showing various Vendor Risk Manager job openings in Connecticut as of July 2026, with employment types broken down into 83% Full Time, 15% Part Time, 1% Temporary, and 1% Contract. Highlights an 85% Physical, 1% Hybrid, and 14% Remote job distribution, with an average salary of $106,122 per year, or $51 per hour.
Senior Vice President, Risk Officer

Senior Vice President, Risk Officer

Torrington Savings Bank

Torrington, CT • On-site

$122K - $164K/yr

Other

Medical, Dental, Vision, Life, Retirement

Posted 9 days ago


Job description

Description

Why Torrington Savings Bank? 

Looking to grow your career at a place where community, innovation, and opportunity come together? Torrington Savings Bank offers more than just a job-we offer a supportive environment where your skills and ideas can thrive. As a trusted financial institution with over 150 years of history, we're committed to serving our local communities while helping our employees reach their professional goals. Whether you're just starting out or looking to take the next step in your career, you'll find a collaborative culture, opportunities for advancement, and a workplace that values work-life balance. Join a team that takes pride in building relationships and delivering personalized banking experiences every day. 


Current Opportunity 

Senior Vice President, Risk Officer  

The Senior Vice President, Risk Officer is responsible for establishing and leading the institution's comprehensive risk management strategy.  This role provides enterprise-wide leadership across credit & operational risk management, compliance, and internal audit, ensuring that risk practices are adequately aligned with the institution's strategic objectives, regulatory requirements, and risk appetite. 

The Senior Vice President, Risk Officer partners closely with executive leadership, business line heads, and the Board of Trustees to balance growth and profitability with strong risk discipline. 


Primary Accountabilities / Responsibilities: 

  1. Enterprise & Operational Risk: Provide strategic oversight of the Bank's enterprise and operational risk management framework, including risk assessments, internal controls, business continuity, vendor management, and policy governance, ensuring alignment with the Bank's risk appetite and regulatory expectations. 
  2. Credit Risk Management: Provide strategic oversight of the Bank's credit risk function, including credit policies, underwriting standards, portfolio quality, and risk rating integrity, ensuring alignment with the Bank's risk appetite and regulatory expectations. 
  3. Compliance & Regulatory Oversight: Provide executive oversight of the compliance function, ensuring adherence to applicable laws, regulations, and internal policies.  Oversee regulatory change management efforts and compliance training initiatives. Serve as a primary point of contact for state & federal examiners and regulatory agencies, on risk and compliance matters. 
  4. Internal Audit: Provide executive oversight of the internal audit function to ensure the development and execution of a risk-based internal audit plan.  Ensure that appropriate corrective action plans are developed and validation of issue resolution is performed. 
  5. Leadership & Culture: Promote a strong risk-aware culture across the institution, including proactive risk identification and accountability. 
  6. Governance & Reporting: Regularly report to the Board of Trustees and relevant committees (i.e., Management Risk Committee and Audit & Compliance Committee) by providing clear, transparent risk reporting, and independent insight. 

Requirements

Position Requirements: 

Minimum bachelor's degree or equivalent in financial- or risk-focused education.  Master's degree or equivalent work experience preferred. 10+ years of progressive leadership experience in risk management, including senior level experience in credit risk, operational risk, compliance, and/or audit. Demonstrated ability to build and enhance a three lines-of-defense (3LOD) model, ensuring clarity of roles and effective independent challenge. Strong background in policy governance, internal controls design, and control testing methodologies. Possess a deep understanding of regulatory frameworks, internal controls, and governance structures. Possess experience in interacting with federal and/or state regulators and Board of Directors or Trustees. Possess the ability to work cross-functionally, collaborate effectively with other departments, and foster a culture of risk awareness across the organization. Possess the ability to handle confidential information with professionalism and discretion. 


Torrington Savings Bank offers an excellent benefits package which includes medical, dental, and vision coverage. We also offer company paid life insurance, short term disability, long term disability, and a wellness reimbursement program up to $350 per year. Employees are eligible to participate in our 401k plan after 6 months of service which has an employer match up to 3%. Employees may also be eligible for an additional employer match to their 401K following one year of service. 


Torrington Savings Bank is an equal opportunity employer, dedicated to a policy of non-discrimination in employment on any basis prohibited by law. The Bank considers applicants for all positions without regard to disability, military/veteran status, or any other legally protected status, and is committed to providing equal opportunities in terms of its recruiting and hiring practices.  


Applicants requiring reasonable accommodation in the application process should notify Human Resources.? 


Torrington Savings Bank participates in e-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.A. 


EOE/AA/D/V  

Torrington Savings Bank is a drug free workplace.