A person working as a Vendor Risk Manager in Morocco will on average earn $27217 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $27,217.00 |
| Weekly salary | $523.40 |
| Daily salary | $74.57 |
| Hourly salary | $9.32 |
This means vendor risk manager salary is above average!
Job Industry: finance
Description: A vendor risk manager is responsible for assessing and managing the risks associated with third-party vendors that an organization relies upon. They play a critical role in ensuring that vendors meet the necessary security, compliance, and operational requirements. The vendor risk manager conducts due diligence on potential vendors, evaluates their contracts and agreements, and monitors their performance to identify and mitigate any potential risks. This occupation requires strong analytical skills, as well as knowledge of risk management principles and industry regulations. Effective communication and negotiation skills are crucial for building relationships with vendors and internal stakeholders. Attention to detail and the ability to prioritize tasks are essential for managing multiple vendor relationships simultaneously. The vendor risk manager must also stay updated on industry trends and best practices to continuously improve the vendor risk management program.
Tagged with: Vendor risk management, Third-party risk assessment, Compliance management, Contract evaluation, Risk mitigation, Relationship building.