How Much Does a Vendor Risk Management Make in Lexington, KY?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Vendor Risk Management in Lexington, KY is $97,026. While Salary.com is seeing that Vendor Risk Management salary in Lexington, KY can go up to $130,567 or down to $62,409, but most earn between $78,906 and $114,583. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Vendor Risk Management
IT Vendor Management Analyst I
$63,285
Lexington, KY
Per Year
IT Vendor Management Analyst II
$78,213
Lexington, KY
Per Year
IT Vendor Management Analyst IV
$115,717
Lexington, KY
Per Year
IT Vendor Management Analyst III
$95,749
Lexington, KY
Per Year
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Similar Job Salaries to Vendor Risk Management by Company

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Company average base salary in (usd) range
cathaybank
Vendor Management Risk Analyst
$109,894/yr
$96,808
$122,981
RANGE: $96,808 - $122,981
BlueVoyant
Analyst, Vendor Risk Management
$96,527/yr
$83,555
$109,499
RANGE: $83,555 - $109,499
University of Kentucky Health System (Uk Health)
Vendor Management Analyst I/UKHC
$64,300/yr
$54,991
$73,609
RANGE: $54,991 - $73,609
University of Kentucky
Vendor Management Analyst I/UKHC
$74,081/yr
$62,843
$85,319
RANGE: $62,843 - $85,319
PGMTEk
Third Party Vendor Risk Management
$113,980/yr
$98,102
$129,858
RANGE: $98,102 - $129,858
BlueVoyant
Senior Consultant, Vendor Risk Management
$144,236/yr
$125,046
$163,426
RANGE: $125,046 - $163,426
Citizens Bank of Kentucky
Risk Management Specialist
$86,656/yr
$71,221
$102,091
RANGE: $71,221 - $102,091
UofLHealth
Clinical Risk Manager, Risk Management, UofL Health
$157,541/yr
$134,373
$180,709
RANGE: $134,373 - $180,709
MUFG
Third Party Vendor Risk Management, Director
$121,022/yr
$103,636
$138,408
RANGE: $103,636 - $138,408
501 CSAA Insurance Services, Inc.
Third-Party Vendor Risk Management Specialist - Remote
$94,837/yr
$82,212
$107,462
RANGE: $82,212 - $107,462

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What Does a Vendor Risk Management Do?

For example, businesses that have implemented a vendor risk management program can evaluate and onboard new vendors more efficiently, getting the right tools into the right peoples’ hands – faster.
Updated December 22, 2021
A key, yet often overlooked, feature of vendor risk management is understanding your vendor’s cybersecurity program.
Updated December 20, 2021
These eight steps present a high-level overview of elements that make up a strong vendor risk management strategy:.
Updated December 18, 2021
Each of these individual products or services can have different security measures in place, making the risks they pose unique (even if it’s the same vendor).
Updated December 15, 2021
A risk exchange can improve your VRM program by enabling you to get your vendor assessments done faster, as well as eliminating the time-consuming, assessment-related work that ties up your team and takes resources away from other strategic projects.
Updated December 12, 2021

Frequently Asked Questions About a Vendor Risk Management Salaries

What is the average of a Vendor Risk Management in Lexington, KY?

The Vendor Risk Management salary range is from $78,906 to $114,583, and the average Vendor Risk Management salary is $97,026/year in Lexington, KY. The Vendor Risk Management's salary will change in different locations.

Which location pays the highest Vendor Risk Management salary in the United States?

The Vendor Risk Management salary in San Jose, CA is $130,933 which is the highest in the US.

What kinds of reasons will influence the Vendor Risk Management's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Vendor Risk Management.

What is the growth rate of the Vendor Risk Management's salary?

If you are thinking of becoming a Vendor Risk Management or planning the next step in your career, find the detailed salary report of a Vendor Risk Management.