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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:
What job categories do people searching Vp Third Party Risk Management jobs look for? The top searched job categories for Vp Third Party Risk Management jobs are:
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.
Director, Third Party Risk Management

Director, Third Party Risk Management

BlackRock, Inc.

New York, NY • On-site

Full-time

Medical, Retirement

Posted 17 days ago

BlackRock rating

7.8

Company rating: 7.8 out of 10

Based on 14 frontline employees who took The Breakroom Quiz

Job description

About this role
Director, Third Party Resilience Risk, RQA Enterprise Risk Management
Job Description
Business Overview
The Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock's fiduciary and enterprise risks. RQA's mission is to advance the firm's risk management practices and deliver independent risk advice and constructive challenge to drive better business and investment outcomes. While fulfilling this mission, RQA provides quantitative analysis and evidence-based insights to many of BlackRock's businesses, helping to promote the spread of best practices across the firm. RQA promotes BlackRock as a leader in risk management by providing independent top-down and bottom-up oversight to help identify investment, counterparty, operational, regulatory, technology, and third party risks.
RQA is committed to investing in our people to promote both individual accomplishment and a strong collaborative environment. As a global group, our goal is to create a culture of inclusion which encourages teamwork, innovation, diversity and the development of future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strengths connect with our purpose.
Third Party Risk
Third Party Risk Management works with internal and external business and risk partners to identify the risks that existing, and potential, third parties introduce to BlackRock and our clients, and assess controls to mitigate those risks through initial and ongoing due diligence, incident management and performance monitoring. BlackRock's third parties include fund operations providers, technology vendors, index and market data providers, distributors and real asset service providers where BlackRock owns or is responsible for operating a physical asset.
Key Responsibilities
Program leadership and management
  • Own the firm's framework and policy for managing third party risks, with a particular focus on resilience-related risks for critical third parties.
  • Coordinate with stakeholder groups to ensure clear roles, responsibilities and accountability.
  • Collaborate with internal business stakeholders, including risk partner and enterprise vendor governance teams, to monitor, escalate and oversee the remediation of third-party risk issues identified.
  • Represent BlackRock's third party risk program to relevant regulators (e.g. OCC).
  • Lead Third-Party Risk Management for Americas region.

Framework enhancements
  • Develop a testing program to challenge third-party risk management resilience-related processes and controls across the business to help identify vulnerabilities with critical third party and counterparty relations, in alignment with wider testing programs (e.g. global operational resilience testing).
  • Maintain and evolve program to review and test critical third-party exit and replacement strategies.
  • Expand insights gained through the use of continuous monitoring of the firm's critical and high risk third-party supply chains, to scale the firm's efforts to detect, assess and manage emerging third-party risks.
  • Mature the firm's oversight and assessment of third party concentration risks.

Experience
  • Ideally 10+ years of enterprise risk or third-party risk management related experience, preferably within investment management.
  • Experience developing a third-party risk testing program, particularly focusing on operational resilience.
  • Established, or ability to establish, strong business relationships with partner functions (e.g. Information Security and Enterprise Resilience) while exerting challenge to influence the evolution of the risk framework and/or business processes.
  • Proven and effective written and verbal communication skills to all levels of the organization including external regulators and Boards.
  • BS/BA required, preferably Business, Finance, Risk Management -CTPRP designation a plus.
  • Working knowledge of third party regulatory requirements, e.g. Third-Party Relationships: Interagency Guidance on Risk Management, Digital Operational Resilience Act, EBA Outsourcing Guidelines, and/or Operational Resiliency local regulatory requirements.
For New York, NY Only the salary range for this position is USD$194,000.00 - USD$270,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work - enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we've provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.
BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC's Know Your Rights poster and its supplement and the pay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.

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