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

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 ...

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 ...

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Vendor Risk Manager information

See Philadelphia, PA salary details

$52K

$112.6K

$171.5K

How much do vendor risk manager jobs pay per year?

As of Aug 24, 2026, the average yearly pay for vendor risk manager in Philadelphia, PA is $112,570.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,800.00 and $130,200.00 per year, depending on experience, location, and employer.

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 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.

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 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.

What cities near Philadelphia, PA are hiring for Vendor Risk Manager jobs?

Cities near Philadelphia, PA with the most Vendor Risk Manager job openings:

Infographic showing various Vendor Risk Manager job openings in Philadelphia, PA as of August 2026, with employment types broken down into 100% Full Time. Highlights an 90% In-person, and 10% Hybrid job distribution, with an average salary of $112,570 per year, or $54.1 per hour.

$75K - $98K/yr

Full-time

Medical, Dental, Life, Retirement, PTO

Re-posted 24 days ago


Job description

Salary: $75,850.00 - $98,606.00 Annually
Location : Media, PA
Job Type: Full-Time
Job Number: 202300889
Department: Executive Director
Opening Date: 07/01/2026
Summary
Under the direction of the Chief Financial Officer, the Risk Manager is responsible for developing, implementing, and overseeing the County's comprehensive risk management program. This position identifies, evaluates, and mitigates risks that may impact County operations, finances, employees, and the public.
The Risk Manager ensures compliance with applicable federal, Commonwealth of Pennsylvania, and local regulations while promoting a culture of safety, accountability, and proactive risk reduction across all departments.
Essential Duties
  • Develop and administer a Countywide risk management and loss prevention program.
  • Identify and evaluate operational, financial, legal, and safety risks across County departments.
  • Manage the County's insurance portfolio, including property, liability, workers' compensation, cyber, and other applicable coverages.
  • Serve as liaison with insurance carriers, brokers, and third-party administrators.
  • Oversee claims management processes, including investigation, documentation, and resolution of liability and workers' compensation claims.
  • Analyze claims data and loss trends to recommend risk mitigation strategies.
  • Coordinate and support workplace safety programs in compliance with OSHA and Pennsylvania labor regulations.
  • Conduct risk assessments of County facilities, operations, contracts, and special events.
  • Review contracts, leases, and agreements to ensure appropriate indemnification and insurance provisions.
  • Develop and deliver training programs on risk awareness, safety practices, and regulatory compliance.
  • Collaborate with Human Resources on employee safety, workers' compensation, and return-to-work programs.
  • Support emergency preparedness and continuity of operations planning.
  • Ensure compliance with relevant laws, including HIPAA, Pennsylvania Workers' Compensation requirements, and applicable liability statutes.
  • Prepare reports and present risk-related information to County leadership.
  • Assist with budgeting for insurance, claims reserves, and risk management initiatives.
  • Maintain accurate records, policies, and procedures related to risk management activities.
  • Perform other duties and special projects as assigned.

Qualifications
Education:
  • Bachelor's degree in Risk Management, Finance, Public Administration, Business Administration, or a related field.
Experience:
  • 5+ years ofprogressivelyresponsibleexperienceinriskmanagement,insuranceor public sector administration.
  • Experienceinmunicipalorcountygovernment preferred.
PreferredCertifications:
  • AssociateinRiskManagement (ARM)
  • CharteredPropertyCasualtyUnderwriter (CPCU)
  • CertifiedRiskManager (CRM)
  • CertifiedSafety Professional(CSP)orsimilar designation

Additional Information
Knowledge, Skills, and Abilities
  • Knowledge of risk management principles, insurance programs, and claims administration.
  • Familiarity with Pennsylvania laws and regulations related to public entity liability, workers' compensation, and safety compliance.
  • Understanding of OSHA standards and workplace safety best practices.
  • Knowledge of HIPAA regulations and experience safeguarding protected health information (PHI).
  • Understanding of data privacy laws, information governance, and records management practices.
  • Ability to identify and evaluate cyber and information security risks in coordination with the Information Technology Department.
  • Experience supporting or developing cyber liability insurance coverage and claims processes.
  • Ability to analyze data, identify trends, and implement risk mitigation strategies.
  • Strong vendor management skills.
  • Ability to review and interpret legal contracts and insurance language.
  • Excellent written and verbal communication skills, including the ability to present information to leadership.
  • Strong organizational and project management abilities.
  • Ability to work collaboratively within the Finance team, across departments, and with external stakeholders.
  • High level of integrity and discretion in handling sensitive and confidential information.

The County of Delaware offers a comprehensive benefits package to full-time employees including health care, dental, retirement, life insurance, holidays, vacation, and sick leave.