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What are the salary expectations for Shared Assessments-certified professionals?

Shared Assessments certifications, specifically the CTPRP designation, can potentially increase your earning potential in the third-party risk management (TPRM) field. According to a poll conducted by Shared Assessments itself, 71% of CTPRP holders reported an annual compensation ranging from $90,000 to $120,000 https://sharedassessments.org/.

It's important to remember that salary expectations can vary depending on several factors including:

• Your experience level: Someone with extensive experience in TPRM will likely command a higher salary than a professional just starting out.
• Your location: Salaries tend to be higher in larger cities and financial centers.
• Your specific job title: A Third-Party Risk Management Manager will likely earn more than a Third-Party Risk Analyst.
• Your employer: Larger companies and financial institutions may offer higher salaries than smaller businesses.

While the CTPRP certification can be a valuable asset, it's just one factor that influences salary. For a more precise idea of salary expectations in your specific situation, you can try searching for job postings that require the CTPRP designation and look at the advertised salary ranges https://www.indeed.com/q-third-party-risk-management-jobs.html.

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