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Vp Third Party Risk Management Jobs (NOW HIRING)

Upstart

Manager, Third Party Risk Management

OR · On-site +1

Lead execution of the bank's end-to-end third-party risk management program, including risk-tiered due diligence, onboarding risk assessments, ongoing monitoring, and offboarding activities across ...

Upstart

Manager, Third Party Risk Management

Lead execution of the bank's end-to-end third-party risk management program, including risk-tiered due diligence, onboarding risk assessments, ongoing monitoring, and offboarding activities across ...

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Vp Third Party Risk Management information

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$43.5K

$157.5K

$277.5K

How much do vp third party risk management jobs pay per year?

As of Jul 12, 2026, the average yearly pay for vp third party risk management in the United States is $157,532.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,000.00 and $190,000.00 per year, depending on experience, location, and employer.

How does a VP of Third Party Risk Management typically collaborate with other departments to ensure comprehensive risk oversight?

A VP of Third Party Risk Management works closely with procurement, legal, compliance, IT security, and business unit leaders to assess and manage risks associated with external vendors and partners. This collaboration involves developing standardized risk assessment frameworks, coordinating due diligence efforts, and ensuring ongoing monitoring. Cross-functional teamwork is essential for addressing emerging threats, maintaining regulatory compliance, and aligning risk management practices with the organization's strategic goals. Effective communication and stakeholder engagement are key to successfully embedding risk management throughout the vendor lifecycle.

What are the key skills and qualifications needed to thrive as a VP of Third Party Risk Management, and why are they important?

To thrive as a VP of Third Party Risk Management, you need deep expertise in risk assessment, regulatory compliance, and vendor management, typically supported by a bachelor's or master's degree in business, finance, or a related field. Familiarity with risk management frameworks, tools like Archer or RSA, and certifications such as CTPRP or CRVPM are commonly required. Exceptional leadership, analytical thinking, and communication skills help in influencing stakeholders and navigating complex vendor relationships. These competencies ensure a robust risk posture, regulatory adherence, and effective mitigation of third-party risks across the enterprise.

What does a VP of Third Party Risk Management do?

A VP of Third Party Risk Management leads the strategy and execution of identifying, assessing, and mitigating risks associated with an organization's external vendors, suppliers, and business partners. This executive oversees the development and implementation of risk management frameworks, ensures compliance with regulatory requirements, and collaborates with other departments to safeguard the company from operational, financial, and reputational risks posed by third parties. The role also involves continuous monitoring of vendor performance and the effectiveness of risk controls.

What is the difference between Vp Third Party Risk Management vs Vendor Risk Manager?

AspectVp Third Party Risk ManagementVendor Risk Manager
CredentialsTypically requires advanced degrees and certifications like CRMP or CTPRPOften requires certifications such as CRMP, CTPRP, or similar
Work EnvironmentStrategic, overseeing enterprise-wide third-party risk programsOperational, managing vendor assessments and risk mitigation
Industry UsageCommon in financial services, healthcare, and large corporationsUsed across industries with a focus on vendor management

While both roles focus on managing third-party or vendor risks, the Vp Third Party Risk Management typically holds a strategic, leadership position overseeing enterprise-wide programs, whereas the Vendor Risk Manager handles day-to-day vendor assessments and risk mitigation activities.

More about Vp Third Party Risk Management jobs
What cities are hiring for Vp Third Party Risk Management jobs? Cities with the most Vp Third Party Risk Management job openings:
What are the most commonly searched types of Third Party Risk Management jobs? The most popular types of Third Party Risk Management jobs are:
What states have the most Vp Third Party Risk Management jobs? States with the most job openings for Vp Third Party Risk Management jobs include:
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Vp Third Party Risk Management jobs near you
Infographic showing various Vp Third Party Risk Management job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, 1% Temporary, and 2% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $157,532 per year, or $75.7 per hour.
AVP, Third-Party Risk Management

AVP, Third-Party Risk Management

Cardworks

Wilmington, DE • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago

CardWorks rating

9.1

Company rating: 9.1 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

1st of 20 rated payment service providers

Job description

Join our team and build your career with momentum as we champion your growth, elevate your ideas and engage you in purpose-driven work that makes a real difference every day.


Who we are

Founded in 1997, Merrick Bank is an FDIC-insured financial institution headquartered in South Jordan, Utah, with over $10 billion in assets. A wholly owned subsidiary of CardWorks Financial Group, Merrick Bank serves roughly five million cardmembers and more than 100,000 merchant customers nationwide.


What we do

We provide credit cards, recreational loans, deposit accounts, merchant services and bank sponsorships to consumers and businesses. As a leader in non-prime lending and merchant acquiring, we combine innovative technology with data-driven insights to help underserved consumers build and strengthen credit while delivering integrated, scalable payment solutions for businesses.

Merrick Bank ranks among the top 20 FDIC-insured credit card issuers in the U.S. and among the top 15 merchant acquirers by transaction volume.


The Assistant Vice President, Third-Party Risk Management ("TPRM") is responsible for leading key components of the execution, oversight, and strategic enhancement of Merrick Bank's ("Bank") Third-Party Risk Management Program. This role partners across the first and second lines of defense to ensure risks arising from third-party relationships are effectively identified, assessed, monitored, and reported in alignment with regulatory requirements, internal policies, and the Bank's risk appetite.


The AVP serves as a senior program leader responsible for advancing enterprise TPRM strategy, strengthening risk governance, driving consistent risk practices, and delivering actionable insights to senior management and risk governance committees.

Essential Functions:

  • Lead the execution and ongoing enhancement of the Bank's Third-Party Risk Management framework, ensuring alignment with regulatory expectations and internal governance standards.
  • Oversee risk-based third-party due diligence, risk assessments, and ongoing monitoring activities across the full third-party lifecycle, ensuring consistent, defensible, and risk-informed outcomes.
  • Partner with business units, Vendor Relationship Owners, and Subject Matter Experts to identify, assess, and mitigate risks associated with third-party relationships.
  • Provide senior level review and challenge of third-party risk assessments, ensuring conclusions are evidence-based, appropriately documented, and escalated when risk exposure exceeds defined thresholds.
  • Monitor third-party performance, control effectiveness, and risk indicators, escalating issues, control gaps, and emerging risks in accordance with established governance protocols.
  • Lead the design, development, and maintenance of TPRM policies, procedures, standards, and workflows to support a consistent enterprise-wide operating model.
  • Define and Deliver executive, committee, and Board-level reporting that provides clear visibility into third-party risk exposure, trends, issues, concentrations, and emerging risks.
  • Collaborate with Legal, Procurement, Information Security, Compliance, and business stakeholders to ensure appropriate contract provisions, controls, and risk mitigation strategies are implemented.
  • Lead TPRM responses for regulatory exams, internal audits, and independent reviews, including documentation, analysis, issue remediation, and management responses.
  • Drive the TPRM program maturity roadmap, including process improvements, automation, data quality, GRC optimization, regulatory alignment, and adoption of industry best practices.
  • Leads, develops, and mentors TPRM teams, promoting strong risk culture, accountability, high performance, and continuous improvement.
  • Partner with ERM leadership to establish TPRM priorities, roadmap initiatives, governance routines, and success measures aligned to enterprise risk strategy and business objectives.
  • Identify and escalate third-party concentration risk, critical vendor risk, fourth-party risk, control gaps, and emerging risk themes to appropriate governance forums.
  • Delivers executive, committee, and Board level risk reporting, including dashboards and risk insights that support informed decision making and effective oversight.
  • Owns continuous improvement of TPRM tools, data, workflows, reporting, and GRC system capabilities to improve efficiency, transparency, data integrity, and regulatory readiness.
  • Performs other duties as assigned.

Requirements for Success:

Education & Experience:

  • Bachelor's degree in Risk Management, Finance, Business Administration, Accounting, or a related field required; advanced degree or professional certification, such as CTPRP, CTPRA, CRVPM, CRMA, FRM, CPA, OR CIA preferred.
  • Minimum of 8 years of progressive experience in Third-Party Risk Management, Enterprise Risk Management, Operational Risk, or a related risk discipline within a financial services or regulated environment, including experience leading program initiatives, risk governance routines, and team members

Knowledge, Skills and Capabilities:

  • Strong expertise in enterprise risk reporting, including development of executive and Board level materials, risk dashboards, metrics, and written risk summaries.
  • In-depth knowledge of third-party risk regulatory requirements and industry standards, including full TPRM lifecycle.
  • Demonstrated experience aggregating and synthesizing complex risk information into clear, concise, and decision useful reporting for senior management and Boards.
  • Solid understanding of ERM frameworks, risk governance practices, and regulatory expectations applicable to banking and financial services organizations.
  • Proven ability to work cross functionally, influence stakeholders, and partner effectively with both first and second line teams.
  • Excellent written and verbal communication skills, with a strong attention to detail and the ability to translate technical risk concepts into business focused insights.
  • Experience with ERM systems and risk data repositories (e.g., risk assessment tools, issue management systems, reporting platforms) strongly preferred.

Compliance with Laws & Regulations

  • Responsible for complying with all the Bank's internal control policies and procedures.
  • Responsible for understanding and complying with all laws and regulations to which the Bank is subject.
  • Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts.

#INDHP1


Why join us

We believe in putting people first by supporting our customers, employees and our partners while creating opportunities for everyone to reach their potential. From fostering work-life balance to rewarding good work and innovative ideas, we invest in what matters most, our people.

At Merrick Bank, you'll be part of a collaborative, customer-focused team where you can grow your career while making a meaningful impact.


Our Employee Value Proposition

  • Competitive Pay, including a Bonus Target or Variable Pay Incentive Program
  • Benefits Package -Medical, Dental, and Vision (plus much more)
  • 401(k) Plan with Company Match
  • Short- & Long-Term Disability
  • Wellness Programs
  • Group Life and AD&D Insurance
  • Paid Vacation, Sick Days and bank Holidays
  • Employee Engagement Activities including Employee Appreciation Day, DEI Employee Resource Groups, Corporate Social Responsibility, Service Recognition

We offer a total rewards package comprised of a competitive base rate of pay, variable pay incentive programs based on the role, and a comprehensive benefit suite. Offered rates of pay are determined based on job-related knowledge, relevant experience, skills, certifications, and geographic location.


We are proud to be an equal opportunity employer. All qualified applicants will receive consideration without regard to age, race, color, sex, or gender identity/expression (including pregnancy, childbirth, transgender status, or sexual orientation), religion or creed, ancestry, citizenship, national origin, disability, military or veteran status, marital status, genetic information, or any other characteristic protected by applicable law.

We do not tolerate discrimination, harassment, or retaliation. Employment decisions are based solely on qualifications, merit, and business needs. Everyone is welcome here, and we hire based on your ability to do the job, not any protected characteristics.

If you need help or reasonable accommodation during the application or hiring process, please let your TA Partner know.

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