Fintech & Corporate Finance · Manager
Third-Party Risk Manager Salary
Annual base compensation, national and by market, from 258 named sources. Every figure below says where it came from.
| Market | Multiplier | P25 | P50 | P75 | P90 |
|---|---|---|---|---|---|
| New York City, NY | 1.40× | $115,000 | $150,000 | $190,000 | $225,000 |
| San Francisco, CA | 1.30× | $105,000 | $140,000 | $175,000 | $210,000 |
| Boston, MA | 1.25× | $105,000 | $135,000 | $170,000 | $200,000 |
| Palm Beach, FL | 1.25× | $105,000 | $135,000 | $170,000 | $200,000 |
| Miami, FL | 1.23× | $100,000 | $130,000 | $165,000 | $195,000 |
| Los Angeles, CA | 1.20× | $100,000 | $130,000 | $160,000 | $190,000 |
| Washington, DC | 1.20× | $100,000 | $130,000 | $160,000 | $190,000 |
| Seattle, WA | 1.15× | $95,000 | $125,000 | $155,000 | $185,000 |
| Chicago, IL | 1.05× | $85,000 | $115,000 | $140,000 | $170,000 |
| Dallas, TX | 1.00× | $80,000 | $110,000 | $135,000 | $160,000 |
What does a Third-Party Risk Manager do?
The Third-Party Risk Manager operates within fintech companies, financial services firms, and corporate finance functions, building financial products, managing compliance, or driving operational growth. Classified at the Manager level, this position draws from a competitive candidate pool, though specialized qualifications and sector-specific experience remain key differentiators in hiring.
What drives Third-Party Risk Manager compensation?
The median (P50) compensation for a Third-Party Risk Manager is $110,000, with the 25th to 75th percentile range spanning $80,000 to $135,000. The 49% spread between P25 and P75 reflects significant pay variation driven by company stage and funding (startup vs. growth vs. public), regulatory complexity, geographic market, technical specialization (payments, lending, crypto, regtech), and equity compensation structure.
Third-Party Risk Manager career path
Professionals who move into Third-Party Risk Manager roles most commonly come from traditional banking, management consulting, software engineering, regulatory bodies, or corporate finance at public companies. From this position, the typical trajectory leads toward C-suite positions at fintech firms, VP-level roles at larger financial institutions, or founding their own financial technology venture.
Hiring a Third-Party Risk Manager?
A search playbook for this seat: compensation positioning against the band above, the sourcing map, and the interview framework.