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Vendor Risk Jobs in Illinois (NOW HIRING)

Chubb

Vendor Risk Analyst

Chicago, IL · On-site +1

The Vendor Risk Management Analyst will be responsible for assessing, monitoring, and mitigating risks associated with third-party vendors to ensure compliance with organizational policies, industry ...

ZS

Governance & Risk Analyst

Chicago, IL · On-site

$85K - $95K/yr

Governance & Risk Analyst in the Enterprise will... The GRC Analyst will support the organization ... Review vendor security questionnaires, supporting evidence, and contractual artifacts to assess ...

Crowe LLP

Third Party Risk Manager

Chicago, IL · On-site

Certified Vendor Risk Management Professional (CVRMP) * Shared Assessments or other vendor risk management certification * CISM * CRISC * Familiarity with information security and regulatory ...

Delan Associates, Inc

Cyber Risk Analyst

Lemont, IL · On-site

Engage with vendors to review controls, certifications, and risks in support of the associated business need and the laboratory's risk tolerance. * Partner with the CSPO in the development of risk ...

Aprio

Program Manager, IT

Chicago, IL · On-site

$119K - $120K/yr

Tier vendors by spend, criticality, and risk. Maintain vendor records - contract data, renewal dates, points of contact, business owners - in the firm's vendor management system of record. * Renewal ...

BCU

Sr Mgr, Vendor Management

Vernon Hills, IL · On-site

$144K - $216K/yr

Manages the day-to-day risk assessment process for all vendor onboarding activities in partnership with Procurement, Legal and other BCU stakeholders doing business with the third party. Critically ...

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Vendor Risk information

What is the difference between Vendor Risk vs Vendor Compliance?

AspectVendor RiskVendor Compliance
FocusIdentifying and mitigating risks associated with vendorsEnsuring vendors meet regulatory and contractual requirements
CertificationsRisk management certifications (e.g., CRISC, FAIR)Compliance certifications (e.g., ISO 27001, SOC 2)
Work EnvironmentRisk assessment teams, procurement, security departmentsLegal, compliance, audit teams
Industry UsageFinancial, healthcare, technology sectorsFinancial services, healthcare, regulated industries

Vendor Risk and Vendor Compliance roles often overlap but serve different purposes. Vendor Risk focuses on identifying and mitigating potential risks posed by vendors, while Vendor Compliance ensures vendors adhere to legal and contractual standards. Both are essential for managing vendor relationships effectively and maintaining organizational security and compliance.

What are the most commonly searched types of Vendor Risk jobs in Illinois? The most popular types of Vendor Risk jobs in Illinois are:
What cities in Illinois are hiring for Vendor Risk jobs? Cities in Illinois with the most Vendor Risk job openings:
Vendor Risk jobs near you
Infographic showing various Vendor Risk job openings in Illinois as of July 2026, with employment types broken down into 1% As Needed, 90% Full Time, 7% Part Time, and 2% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution.
Vendor Risk Analyst

Vendor Risk Analyst

Chubb

Chicago, IL • On-site, Remote

Full-time

Medical, Dental, Life, Retirement

Posted 21 days ago

Chubb rating

8.2

Company rating: 8.2 out of 10

Based on 66 frontline employees who took The Breakroom Quiz

132nd of 277 rated insurance

Job description

We are seeking a detail-oriented and analytical Vendor Risk Management Analyst to join our team. The Vendor Risk Management Analyst will be responsible for assessing, monitoring, and mitigating risks associated with third-party vendors to ensure compliance with organizational policies, industry standards, and regulatory requirements. This role plays a critical part in safeguarding the organization's operations, data, and reputation by identifying potential risks and implementing effective vendor risk management strategies.

Key Responsibilities

  1. Conduct comprehensive risk assessments of third-party vendors, including evaluating their security practices, financial stability, and compliance with regulatory requirements.
  2. Maintain a vendor risk management framework, including policies, procedures, and tools to assess and monitor vendor risks. 
  3. Complete onsite or remote audits of vendors to ensure that controls work as expected and procedures are followed correctly. 
  4. Monitor vendor performance risk levels on an ongoing basis, security posture, and ongoing compliance to ensure continued alignment with organizational standards and risk levels and identifying and addressing any changes in risk profiles or compliance issues.
  5. Collaborate with internal stakeholders, such as procurement, legal, IT, and compliance teams, to ensure vendor contracts include appropriate risk mitigation measures.
  6. Prepare detailed reports and presentations on vendor risk assessments, findings, and recommendations for senior management and other stakeholders.
  7. Stay up to date with industry trends, regulatory changes, and best practices in vendor risk management to continuously improve the organization's risk management processes.
  8. Support the development and delivery of training programs to educate internal teams on vendor risk management policies and procedures.

Key Competencies (knowledge and abilities required to perform a role effectively, comprising skills, competencies and behaviors)

  • Strong analytical and problem-solving skills with the ability to assess complex vendor risk scenarios.
  • Excellent communication and interpersonal skills to collaborate effectively with internal and external stakeholders.
  • Knowledge of regulatory requirements and industry standards related to vendor risk management (e.g., GDPR, ISO 27001, SOC 2).
  • Proficiency in using vendor risk management tools and software.
  • Strong organizational skills and attention to detail to manage multiple vendor assessments simultaneously.
  • Ability to work independently and make informed decisions in a fast-paced environment.
  • High ethical standards and a commitment to maintaining confidentiality and integrity.

Accreditations (Education, Certifications and/or Experience)

  • Bachelor's degree in Business Administration, Risk Management, Information Security, or a related field.
  • 0-4 years of experience in vendor risk management, third-party risk assessment, or a related role.
  • Relevant certifications such as Certified Third Party Risk Professional (CTPRP), Certified Information Systems Auditor (CISA), or Certified Risk and Information Systems Control (CRISC) are preferred.
  • Experience with risk management frameworks and tools is a plus.
OUR BENEFITS
As a Chubb corporate employee, you have access to one of the most comprehensive benefit plans in the business, designed to meet your needs and help you reach your financial goals. More details can be found here. Chubb is committed to supporting its employees with a comprehensive compensation package that is appropriate in the market where they work. Below are several of the many benefits we offer our employees: 
  • Health insurance
  • Dental insurance
  • Tuition reimbursement
  • A company-match 401(k) plan
  • Disability insurance
  • Life insurance
  • Employee referral bonuses

ABOUT COMBINED INSURANCE

Combined Insurance Company of America is a Chubb company and a leading provider of supplemental accident, health, disability, and life insurance products in North America. Headquartered in Chicago, with satellite office in Columbia, SC, Combined is celebrating over 100 years in business. We are committed to making the world of supplemental insurance easy to access and understand. The company has an A+ rating by the Better Business Bureau and an A + (Superior) financial strength rating by A.M. Best. We are ranked by VIQTORY as the number one Military Friendly Employer in 2023 (over $1 billion revenue category), marking Combined's twelfth consecutive year on the Top 10 list. We pride ourselves on approaching all situations with a Positive Mental Attitude (PMA) and encouraging collaboration.


ABOUT CHUBB
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

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About Chubb

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Chubb is the world's largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. We are a unique global organization with a culture of individuals passionately committed to our respective crafts. With underwriting at our core, each of us contributes to providing the best insurance coverage and service to our clients. Our highly collaborative, inclusive nature helps us drive better business outcomes through diversity of background, experiences, insights and values.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

Warren, NJ, US

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