As of September 01, 2026, the average salary for a Vendor Risk Manager in the United States is $120,496 per year, which breaks down to an hourly rate of $58.
However, a Vendor Risk Manager's salary can vary significantly. Here’s a look at the typical salary range:
Vendor Risk Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $128,707 | $10,726 | $2,475 | $62 |
| Average | $120,496 | $10,041 | $2,317 | $58 |
| 25th Percentile | $110,748 | $9,229 | $2,130 | $53 |
A Vendor Risk Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how geographic location, education and company size can directly affect your earning potential.
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Products and Services | 12.72% |
| Client Interaction | 4.02% |
| Client Service | 1.01% |
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Vendor Risk Manager's salary.
| Skill | Salary | Salary % Increase |
|---|---|---|
| KPI | $149,415 | |
| Budgeting | $147,005 | |
| Logistics | $144,595 |
Your level of education can impact your salary potential. While many Vendor Risk Managers enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Vendor Risk Manager with a Bachelor's Degree is between $113,730 and $123,320).
| Typical Education for Vendor Risk Manager | |
|---|---|
| Degree Level | % of user with this level of education |
| No Diploma | 9.8% |
| High School | 9.8% |
| Associates | 9.8% |
| Bachelors | 56.1% |
| Masters | 24.4% |
| Doctorate | 0.0% |
Understanding how a Vendor Risk Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $128,707 | $10,726 | $2,475 | $62 |
| Average | $120,496 | $10,041 | $2,317 | $58 |
| 25th Percentile | $110,748 | $9,229 | $2,130 | $53 |
Salaries for a Vendor Risk Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $86,058 in 2023 to around $85,678 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Vendor Risk Manager salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $86,058 |
| 2024 | $86,141 |
| 2025 | $85,678 |
| 2026 |
View More
|
| 2027 |
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|
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The Financial Services industry offers the highest average compensation for Vendor Risk Manager roles, with salaries approximately 20% above the market median.
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