1. How much do operational risk managers make in the US?
As of December 27, 2024, the salary for an Operational Risk Manager in the United States ranges from $114,200 to $141,900 annually, with a median salary of $127,100. This translates to approximately $54.88 to $68.25 per hour, or $2,200 to $2,800 per week, and $9,516 to $12,083 per month.
2. Are risk managers in high demand?
Risk management roles, including Operational Risk Managers, are in high demand as companies navigate increasing challenges in areas like cybersecurity and regulatory compliance. With salaries ranging from $114,200 to $141,900, these positions offer competitive compensation, reflecting the critical importance of managing operational risks effectively.
3. What is the average salary of operational risk manager?
The estimated total pay for an Operational Risk Manager ranges from a minimum salary of $114,200 to a maximum of $141,900, with a mid-salary of $127,100. These figures reflect the typical compensation for this role, providing a clear overview of potential earnings in the field.
4. What is the highest paid operations manager?
The highest paid Operational Risk Manager can expect a salary ranging from $114,200 to $141,900, with a median salary of $127,100. Industries such as Aerospace & Defense, Energy, Mining & Utilities, and Pharmaceutical & Biotechnology typically offer competitive compensation within this range, reflecting the critical nature of the role.
5. Is risk management a high paying job?
Risk management can be a high-paying job, particularly for Operational Risk Managers. Based on recent data, salaries range from a minimum of $114,200 to a maximum of $141,900, with a mid-salary of $127,100. Factors such as location, organization size, and individual experience can further influence these figures.
6. What does an operational risk manager do?
Operational Risk Managers analyze and measure exposure to various risks that could threaten an organization's assets and earning capacity. They assess operational processes and may recommend strategies to mitigate risks. The salary for this role typically ranges from $114,200 to $141,900, with a midpoint of $127,100, reflecting the importance of their expertise in safeguarding the organization.