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Salary and Benefits

Risk Manager
$71K-$86K / yr. (est.)
$71K
$79,060 / year
$87K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Risk Manager

What does a Risk Manager do?

As Risk Managers, we are responsible for working with business partners to identify and consult on potential risks. We work to drive well-managed risk activities. Providing consultation on risk is a part of our job. We issue requests with business partners and stakeholders providing guidance as required. We support audits and regulatory exams within the business partners’ organizations. We analyze information to identify risks and process improvements. It is our duty to support reporting on risk topics to management. While staying current on the changing regulatory environment, we understand the impacts on businesses. We also provide oversight and guidance during risk assessments. We provide guidance to businesses and support functions in implementing risk management practices.

Core tasks:

  • participate in risk forums
  • contribute to the continuous improvement of risk management practice
  • support partners and interact with internal business clients
  • set direction, manage expectations
  • take part in and execute other special projects

Insights

How Many Years of Experience Do Professionals Need Before Becoming Risk Manager?
On average, people work 7+ years in other positions prior to becoming a Risk Manager.
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Risk ManagerSeattle, WA - 10 months ago
🙄 It's just a statistical average, people! Some may require less time, others more. Don't jump to conclusions without knowing the full context.
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Risk ManagerNew York City, NY - 10 months ago
Wow, that's a lot of years! But in such a complex field like risk management, I can see the benefits of diverse professional experiences beforehand.
How Long Do Risk Manager Employees Typically Stay in Their Roles?
On average, Risk Managers works in this position for 5+ years across multiple employers.
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Marketing ManagerDallas, TX - 10 months ago
I believe that this infographic oversimplifies the reasons behind job changes. Marketing is dynamic and constantly evolving, creating opportunities for diversification of expertise through transitioning roles.
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Project CoordinatorMiami, FL - 10 months ago
I understand the concerns about job-hopping, but as a Project Coordinator, adapting to different environments teaches flexibility, resourcefulness, and strengthens problem-solving abilities. It can be an asset!
What Is the Job Hopper Score for Risk Manager Employees?
Moderate job changes in Risk Manager, showing some career movement without excessive turnover.
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Insurance Agency OwnerAustin, TX - 11 months ago
risk manager sounds like a mediocre job with mediocre prospects - no thanks!
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ConsultantSeattle, WA - 10 months ago
The financial industry is always evolving and bringing fresh opportunities. This infographic illustrates a modest career path in Risk Management. 💼

Career path

Path to job

Discover a Risk Manager's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Risk Manager typically studied at.
New York University
Penn State University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Risk Manager Employees?
Gender ratio in Risk Manager position: 0.642864341866559 Male and 0.357135658133441 Female. Age ratio in Risk Manager position: 16-20: 6%, 21-30: 40%, 31-40: 34%, 41-50: 14%, 51-60: 5%, 60+: 1%. Risk Manager position is predominantly male (64.3%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Risk ManagerSan Francisco, CA - 10 months ago
Age shouldn't matter as long as someone does the job well. Experience is valuable, no matter a person's age! 👴
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Risk ManagerNew York City, NY - 10 months ago
Stop complaining about the gender and age ratios. Focus on your own work and stop blaming others for your lack of opportunities! 😒

Workplaces

Who Are the Top Employers for Risk Manager?
Top employers of Risk Manager position: Amazon, American Express, Capital One. People who work in Risk Manager position most typically go on to work for the Amazon.
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Risk ManagerPhoenix, AZ - 10 months ago
Amazon being a top employer is concerning, given the reports of poor warehouse working conditions. We should demand better!
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Risk ManagerSan Francisco, CA - 10 months ago
Capital One's risk management team definitely needs some improvement after the data breach scandal. They shouldn't be on this list!
Amazon
American Express
Capital One
What Industries Does Risk Manager Typically Have Experience In?
Industry Background: The most typical industries of Risk Manager: Finance & Insurance, Professional / Scientific / Technical, Health Care, Manufacturing, Information Technology. Risk Manager employees most likely come from a Finance & Insurance industry background.
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Risk ManagerHouston, TX - 11 months ago
I'm curious, do risk managers in the IT industry primarily focus on cybersecurity risks? 🤔
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Risk ManagerPhiladelphia, PA - 11 months ago
Why do people underestimate the importance of risk management in the professional services industry? It's frustrating! 😠

Find your job as Risk Manager

Discussion about Risk Manager

Want to know more about Risk Manager position?
Share your thoughts and ideas about Risk Manager position with others in our community.
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What is the women/men ratio in the job of Risk Manager?
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Isabella Holmes3 years ago
Mostly men choose this job, but women also choose this.
What is the typical age of people who work as a Risk Manager?
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Liam Brown3 years ago
33 is the average age of people working as a Risk Manager.
How much experience do you need to work as a Risk Manager?
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Isabella Holmes3 years ago
On average, people have 7 years of experience when they start working as a Risk Manager
Which industries should a Risk Manager consider working in?
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Isabella Holmes3 years ago
Most typically work in the Finance & Insurance industry.
Speaking of higher education, do I need a degree as a Risk Manager?
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Benjamin Gardner3 years ago
Bachelor of Science degree is the typical for a Risk Manager
Which company are you working for as a Risk Manager?
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Isabella Holmes3 years ago
Most people work for Amazon, American Express, Capital One, Citizens Bank and U.S. Bank
How many years do people spend as a Risk Manager in their career path?
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Sophie Hayes3 years ago
More than 5 years is the typical lifespan for a Risk Manager.
Is it frequent for people to switch companies and still work as a Risk Manager?
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Isabella Holmes3 years ago
On average a Risk Manager works for only a few companies.
What work history do people usually have before becoming a Risk Manager?
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Sophie Hayes3 years ago
Typical prior positions for a Risk Manager are Risk Analyst, Vice President or Project Manager
What typical professions people working as a Risk Manager switch to?
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Sophie Hayes3 years ago
Changing from a Risk Manager to Director OF Risk Management, Vice President or Operational Risk Manager is a typical career path.
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Disclaimer

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