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Vendor Risk Manager Jobs in Illinois (NOW HIRING)

Gong.io

Senior TPRM Security Lead

Chicago, IL · On-site

In this role, you will own and mature Gong's third-party risk management program, ensuring that vendors, suppliers, and partners meet our security, privacy, compliance, and operational resilience ...

Crowe LLP

Third Party Risk Manager

Chicago, IL · On-site

The Third Party Risk Manager position will be primarily responsible for managing and leading the ... Experience working with or assessing third-party vendors and service providers * IT or ...

ISR Info Way, Inc.

ServiceNow IRM Senior Developer

Chicago, IL · On-site

$55.75 - $76.50/hr

Key Responsibilities · Design, develop, configure, and implement ServiceNow IRM solutions including: o Policy and Compliance Management o Risk Management o Audit Management o Vendor Risk Management ...

New

Softchoice

Manager, Governance Risk Reporting

Chicago, IL · On-site

$110K - $138K/yr

As Manager, Governance, Risk & Reporting within Managed Services, you will be the organizational ... Manage OEM and vendor MSP audit programs for Microsoft, Cisco, Google, VMware, AWS, Lenovo, and ...

Softchoice

Manager, Governance Risk Reporting

Chicago, IL · On-site

$110K - $138K/yr

As Manager, Governance, Risk & Reporting within Managed Services, you will be the organizational ... Manage OEM and vendor MSP audit programs for Microsoft, Cisco, Google, VMware, AWS, Lenovo, and ...

Old National Bank

Third Party Risk Lead

Chicago, IL · On-site

$165K/yr

Responsibilities The ThirdParty Risk Management (TPRM) Lead is responsible for executing thirdparty risk management activities across a portfolio of vendors, with primary focus on Critical, Very High ...

Old National Bank

Third Party Risk Lead

Chicago, IL · On-site

$165K/yr

The ThirdParty Risk Management (TPRM) Lead is responsible for executing thirdparty risk management activities across a portfolio of vendors, with primary focus on Critical, Very High, and High risk ...

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Showing results 21-40

All JobsVendor Risk JobsVendor Risk Manager JobsVendor Risk Manager Jobs in Illinois

Vendor Risk Manager information

See Illinois salary details

$49.9K

$108.1K

$164.7K

How much do vendor risk manager jobs pay per year?

As of Aug 9, 2026, the average yearly pay for vendor risk manager in Illinois is $108,101.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,200.00 and $125,000.00 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?

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 is a vendor risk manager?

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 Illinois are hiring for Vendor Risk Manager jobs? Cities in Illinois with the most Vendor Risk Manager job openings:
Vendor Risk Manager jobs near you
Infographic showing various Vendor Risk Manager job openings in Illinois as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $108,101 per year, or $52 per hour.

Senior Analyst, Compliance Testing & Third-Party Risk Management

Above Lending

Chicago, IL • On-site

$70K - $120K/yr

Full-time

Posted 11 days ago

Job description

Above Lending is a next-generation financial services company helping everyday Americans break the cycle of high-cost debt and move toward a stronger financial future. Through customized lending solutions, competitive rates, and personalized support, our mission is to simplify the lending process and help our clients achieve financial well-being. We are committed to making credit more affordable and accessible; backed by a culture grounded in compliance and ethics, and technology built around the people we serve.
We are growing quickly, and we are looking for new collaborators to help us reach the next level. If you want to join a forward-thinking, rapidly growing organization where helping people is the number one goal, we want to hear from you.
We're looking for a motivated and detail-oriented professional to support our compliance testing and third-party risk processes. This role is ideal for someone with hands-on experience in compliance testing, vendor management, or risk testing functions in the financial services industry, who's ready to grow into a more strategic and visible contributor.
You'll support critical functions that ensure regulatory compliance and effective third-party oversight, helping to safeguard the company and its customers. This is a high-impact role with cross-functional exposure and opportunities for growth.
This is a hybrid role, 3-days a week, in downtown Chicago, IL.
What You'll Do
  • Lead regular testing of applicable BSA/AML/OFAC and consumer obligations to ensure compliance with regulatory requirements and internal policies.
  • Evaluate the effectiveness of controls designed to mitigate regulatory and operational risks.
  • Document testing results, identify issues and gaps, determine corrective action, and support issue tracking and resolution.
  • Assist in managing the company's third-party risk management (TPRM) program by supporting processes, maintaining documentation, and monitoring controls.
  • Conduct initial and ongoing risk assessments for vendors, focusing on areas like security practices, financial health, and compliance posture.
  • Support vendor onboarding by ensuring contracts and risk-related documentation are complete and compliant with company policies.
  • Stay up-to-date on key regulatory changes and best practices related to third party risk management.
  • Prepare summary reports and dashboards for leadership to communicate testing findings, open issues, and vendor risk trends.
  • Assist in building, configuring, and optimizing the GRC platform to automate compliance testing, centralize vendor risk assessments, and streamline issue management.
  • Serve as the subject matter expert for SCRA and OFAC compliance, providing regulatory guidance

What We're Looking For
  • Bachelor's degree in Business, Finance, Risk or a related discipline.
  • 3-5 years of experience in compliance testing, third-party risk management, vendor management, audit, or related risk and compliance functions within the banking, financial services, or fintech industries.
  • Working knowledge of consumer lending regulations is preferred; willingness to learn and develop expertise in this area is essential.
  • Professional certifications such as CRCM, CTPRP, CTPRA, or similar are preferred but not required.
  • Strong organizational skills with exceptional attention to detail and the ability to manage multiple priorities in a fast-paced environment.
  • Excellent written and verbal communication skills, with the ability to collaborate effectively across cross-functional teams and engage with external vendors.
  • Advanced proficiency in Microsoft Excel and experience using compliance, governance, risk management, or reporting systems.
  • Self-motivated, proactive, and eager to build subject matter expertise in compliance, regulatory risk, and third-party risk management.

$70,000 - $120,000 a year
This role is eligible for additional incentives, including an annual bonus. These rewards are allocated based on level, impact and performance in the role. The compensation range is based on the level outlined in the job posting, and compensation decisions are dependent on each applicant's experience, skills and abilities.
Join our dynamic team and contribute to Above Lending's success as we continue to provide innovative lending solutions to our customers.
Under the California Consumer Privacy Act ("CCPA"), Above Lending is informing California residents who are our job applicants, contractors or prospective employees (together "job applicants") about the categories of personal information we collect about you and the purposes for which we will use this information. This notice and our Privacy Policy contain important information relating to the CCPA and apply only to personal information that is subject to the CCPA. Please see our website for the full CCPA statement.
*Above Lending is an equal opportunity Employer*
Above Lending does not accept unsolicited resumes from individual recruiters or third-party recruiting agencies in response to job positions. No fee will be paid to their parties who submit unsolicited candidates directly to Above Lending employees or the Above Lending Finance and HR teams. No placement fee will be paid to any third party unless such a request has been made by the Above Lending HR team.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

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