Vendor Risk Management Salaries in Michigan
How Much Does a Vendor Risk Management Make in Michigan?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Vendor Risk Management in Michigan is $103,347.
While Salary.com is seeing that Vendor Risk Management salary in MI can go up to $139,066
or down to $66,469, but most earn between $84,044 and $122,044.
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
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Similar Job Salaries to Vendor Risk Management by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Zodiac Healthcare
Vendor Management Coordinator
|
$47,253/yr
|
RANGE: $43,343 - $51,163
|
|
BlueVoyant
Analyst, Vendor Risk Management
|
$91,126/yr
|
RANGE: $81,371 - $100,882
|
|
Latham & Watkins LLP
Vendor Risk Management Analyst
|
$99,307/yr
|
RANGE: $89,750 - $108,863
|
|
Strategic Staffing Solutions
Risk Analyst - Vendor Management
|
$93,041/yr
|
RANGE: $84,087 - $101,994
|
|
Acara Solutions
Vendor Risk Management Specialist
|
$97,972/yr
|
RANGE: $89,182 - $106,761
|
|
Billerud
IT Sourcing and Vendor Management Manager (Multi-Location)
|
$103,405/yr
|
RANGE: $93,943 - $112,867
|
|
Honor Bank
Bank Regulatory Compliance and Vendor Management Specialist
|
$46,822/yr
|
RANGE: $42,005 - $51,638
|
|
Jobleads-US
Regional Risk Management Director
|
$122,276/yr
|
RANGE: $111,210 - $133,341
|
|
Edward Rose & Sons
Risk Management Intern
|
$89,655/yr
|
RANGE: $81,028 - $98,283
|
Top 10 Highest Paying Cities For Vendor Risk Management Jobs in Michigan
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Vendor Risk Management can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Vendor Risk Management job salaries in Michigan.
Some cities can pay higher salaries for Vendor Risk Management jobs, which can indicate that there is a large demand for Vendor Risk Management positions in this city.
The following table shows top 10 cities where the Vendor Risk Management salary is higher than other cities in Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Vendor Risk Management salary is $105,498 in Ann Arbor,
which is higher than the national average. There are 6 cities' Vendor Risk Management salary higher than national average in Michigan.
The average salary for a Vendor Risk Management in Michigan is $103,347,
but we found that the city with the highest salary for Vendor Risk Management jobs is Ann Arbor, MI, and it is higher than Canton.
Vendor Risk Management jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Ann Arbor | $105,498 | $8,792 | $2,029 | $51 |
| Canton | $105,330 | $8,778 | $2,026 | $51 |
| Novi | $104,995 | $8,750 | $2,019 | $50 |
| Detroit | $104,953 | $8,746 | $2,018 | $50 |
| Warren | $104,953 | $8,746 | $2,018 | $50 |
| Dearborn | $104,953 | $8,746 | $2,018 | $50 |
| Dearborn Heights | $104,900 | $8,742 | $2,017 | $50 |
| Royal Oak | $104,837 | $8,736 | $2,016 | $50 |
| Westland | $104,806 | $8,734 | $2,015 | $50 |
| Taylor | $104,785 | $8,732 | $2,015 | $50 |
What Does a Vendor Risk Management Do?
Relaxed restrictions with long-term vendors can be a big risk, it's important for controls to be as rigorous five years in as on the first day.
Updated October 20, 2021
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
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Explore JobArchitectFrequently Asked Questions About a Vendor Risk Management Salaries
What is the average of a Vendor Risk Management in Michigan?
The Vendor Risk Management salary range is from $84,044 to $122,044, and the average Vendor Risk Management salary is $103,347/year in Michigan.
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 $132,364
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.
