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Salary and Benefits

Senior Risk Management Consultant
$71K-$87K / yr. (est.)
$72K
$79,628 / year
$88K
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 Senior Risk Management Consultant

What does a Senior Risk Management Consultant do?

In the role of Senior Risk Management Consultants, we develop risk management programs for the clients. We identify and contact potential clients to educate them on risk management. It is our duty to analyze individual client operations. We determine market exposure, price sensitivity, and financial risks. We perform market analysis. Providing risk mitigation and margin enhancement strategies for clients is a part of our job. We assess risk management processes and functions. While monitoring trading risks, we also identify underlying risk exposure. We develop risk mitigation and margin enhancement strategies for clients. We maintain and analyze risk reports.

Core tasks:

  • keep track of market and credit risk on non-traditional transactions
  • monitor trading activities and exposures
  • contribute to large scale advisory engagements
  • implement Enterprise Risk Management Activities
  • support training and mentoring to staff
  • execute and help lead client engagement activities
  • oversee and manage all phases of the project life cycle from start to end

Insights

How Many Years of Experience Do Professionals Need Before Becoming Senior Risk Management Consultant?
On average, people work 7+ years in other positions prior to becoming a Senior Risk Management Consultant.
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Senior Risk Management ConsultantSeattle, WA - 9 months ago
Well, it shows that this job is not a piece of cake! Those who reach this level must have earned it.
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Senior Risk Management ConsultantNew York City, NY - 9 months ago
😤 I don't understand why it takes so long to become a Senior Risk Management Consultant. It's frustrating!
How Long Do Senior Risk Management Consultant Employees Typically Stay in Their Roles?
On average, Senior Risk Management Consultants works in this position for 3-5 years across multiple employers.
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Project ManagerDenver, CO - 9 months ago
⚡ I've collaborated with Senior Risk Management Consultants on projects, and their ability to mitigate risks and make informed decisions is vital for project success!
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AccountantHouston, TX - 9 months ago
senior risk management consultants 🙄 try not to get audited! It's tough to trust them when it comes to finances!
What Is the Job Hopper Score for Senior Risk Management Consultant Employees?
Moderate job changes in Senior Risk Management Consultant, showing some career movement without excessive turnover.
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Graphic Designer - ContractorHouston, TX - 9 months ago
I'm all for exploring different opportunities and gaining diverse experience! 🎨
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Registered NursePhiladelphia, PA - 9 months ago
Job mobility can lead to growth if done with purpose! 🌱

Career path

Path to job

How long does a Senior Risk Management Consultant work in this position across multiple employers?
23 %
Risk Management Consultant
Avg. length of tenure:4 years
Show jobs
Read more
17 %
Risk Consultant
Avg. length of tenure:3 years
Show jobs
Read more
Discover a Senior Risk Management Consultant's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Senior Risk Management Consultant typically studied at.
Indiana University-Purdue University-Indianapolis
Penn State University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Senior Risk Management Consultant Employees?
Gender ratio in Senior Risk Management Consultant position: 0.677333333333333 Male and 0.322666666666667 Female. Age ratio in Senior Risk Management Consultant position: 16-20: 1%, 21-30: 53%, 31-40: 26%, 41-50: 12%, 51-60: 7%, 60+: 1%. Senior Risk Management Consultant position is predominantly male (67.7%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Senior Risk Management ConsultantMiami, FL - 9 months ago
I've been in this industry for over 15 years. The lack of senior candidates in their forties and fifties is concerning. Where did they all go? 🤔
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Senior Risk Management ConsultantSeattle, WA - 9 months ago
I find it disheartening that the representation of those over 60 is only 1%. They have a lot of wisdom and experience to offer! 🌟

Workplaces

Who Are the Top Employers for Senior Risk Management Consultant?
Top employers of Senior Risk Management Consultant position: Crowe, Deloitte, EY. People who work in Senior Risk Management Consultant position most typically go on to work for the Crowe.
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Risk Management ConsultantSan Francisco, CA - 9 months ago
I have had the opportunity to work with all three employers, and while each has its strengths, Deloitte provides the most challenging and rewarding projects!
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Risk ConsultantWashington, D.C. - 9 months ago
EY has a strong international presence, which opens up exciting global opportunities for Senior Risk Management consultants!
Crowe
Deloitte
EY
What Industries Does Senior Risk Management Consultant Typically Have Experience In?
Industry Background: The most typical industries of Senior Risk Management Consultant: Finance & Insurance, Professional / Scientific / Technical, Information Technology, Health Care, Administrative & Support. Senior Risk Management Consultant employees most likely come from a Finance & Insurance industry background.
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Senior Risk Management ConsultantHouston, TX - 9 months ago
🙄 Oh, please! Senior Risk Management Consultants just make things more convoluted for the average employee. We need practical solutions, not more paperwork!
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Senior Risk Management ConsultantPhiladelphia, PA - 9 months ago
I completely disagree with you! Senior Risk Management Consultants are instrumental in safeguarding organizations from legal and financial troubles. Their expertise is invaluable!

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Discussion about Senior Risk Management Consultant

Want to know more about Senior Risk Management Consultant position?
Share your thoughts and ideas about Senior Risk Management Consultant position with others in our community.
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Do a lot of women work as a Senior Risk Management Consultant?
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Sophie Hayes3 years ago
Mostly men choose this job, but women also choose this.
How old are people who work as a Senior Risk Management Consultant?
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Isabella Holmes3 years ago
People working as a Senior Risk Management Consultant are 32 old on average.
How many years of experience do you usually have as a Senior Risk Management Consultant?
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Benjamin Gardner3 years ago
On average, people have 7 years of experience when they start working as a Senior Risk Management Consultant
Which industries does a Senior Risk Management Consultant typically work in?
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Isabella Holmes3 years ago
Professional / Scientific / Technical is the most probable for a Senior Risk Management Consultant to work in.
What kind of degree is needed to work as a Senior Risk Management Consultant?
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Liam Brown3 years ago
Bachelor of Science degree is the typical for a Senior Risk Management Consultant
As a Senior Risk Management Consultant, which company should I definitely check out for jobs?
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Benjamin Gardner3 years ago
Crowe, Deloitte, EY, The Hartford and Zurich North America employs the most people in the Senior Risk Management Consultant role.
How long do you usually work as a Senior Risk Management Consultant before changing to another position?
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Liam Brown3 years ago
4 years is the typical lifespan for a Senior Risk Management Consultant.
How common is it for a Senior Risk Management Consultant to jump from company to company?
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Liam Brown3 years ago
The job hopper score is medium for a Senior Risk Management Consultant.
From which job titles people come from to work as a Senior Risk Management Consultant?
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Liam Brown3 years ago
Most people come from Risk Management Consultant, Risk Consultant or Risk Manager roles
What are the typical next steps for someone working as a Senior Risk Management Consultant?
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Isabella Holmes3 years ago
Risk Manager, Internal Auditor or Vice President are good next steps for a Senior Risk Management Consultant
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