How Much Does a Vendor Risk Management Make in Norfolk, VA?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Vendor Risk Management in Norfolk, VA is $98,278. While Salary.com is seeing that Vendor Risk Management salary in Norfolk, VA can go up to $132,252 or down to $63,215, but most earn between $79,925 and $116,061. 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
$64,101
Norfolk, VA
Per Year
IT Vendor Management Analyst II
$79,222
Norfolk, VA
Per Year
IT Vendor Management Analyst IV
$117,210
Norfolk, VA
Per Year
IT Vendor Management Analyst III
$96,985
Norfolk, VA
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
Virginia Transformer Corp
Vendor Risk Assessment Manager
$127,781/yr
$113,914
$141,649
RANGE: $113,914 - $141,649
VCU Health System
Vendor Management Facilitator
$75,457/yr
$65,244
$85,670
RANGE: $65,244 - $85,670
cathaybank
Vendor Management Risk Analyst
$109,894/yr
$96,808
$122,981
RANGE: $96,808 - $122,981
Capital One
Risk Manager, International Risk Management
$125,155/yr
$107,340
$142,970
RANGE: $107,340 - $142,970
Amazon
Sr. Risk Manager, Fraud Prototyping, Vendor Investigations & Transaction Accuracy
$136,114/yr
$116,047
$156,180
RANGE: $116,047 - $156,180
Capital One
Director, Product Management - Risk Management
$175,102/yr
$154,670
$195,534
RANGE: $154,670 - $195,534
Action Personnel Inc
Director of Compliance and Risk Management
$151,801/yr
$130,474
$173,128
RANGE: $130,474 - $173,128
940 Parsons Services Company
VP, Operational Risk Management
$204,045/yr
$170,616
$237,474
RANGE: $170,616 - $237,474
Booz Allen
Risk Portfolio Management Lead
$126,154/yr
$109,566
$142,742
RANGE: $109,566 - $142,742
AvalonBay Communities
VP Risk Management
$252,185/yr
$204,346
$300,024
RANGE: $204,346 - $300,024

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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 Norfolk, VA?

The Vendor Risk Management salary range is from $79,925 to $116,061, and the average Vendor Risk Management salary is $98,278/year in Norfolk, VA. 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.