1. What is the average salary of a Risk Management Director?
The average annual salary of Risk Management Director is $183,758.
In case you are finding an easy salary calculator,
the average hourly pay of Risk Management Director is $88;
the average weekly pay of Risk Management Director is $3,534;
the average monthly pay of Risk Management Director is $15,313.
2. Where can a Risk Management Director earn the most?
A Risk Management Director's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Risk Management Director earns the most in San Jose, CA, where the annual salary of a Risk Management Director is $231,774.
3. What is the highest pay for Risk Management Director?
The highest pay for Risk Management Director is $220,194.
4. What is the lowest pay for Risk Management Director?
The lowest pay for Risk Management Director is $156,677.
5. What are the responsibilities of Risk Management Director?
Directs and administers an organization's risk-management programs. Develops strategies, controls, and measures to monitor and mitigate the risk exposure of assets. Monitors the effectiveness of procedures to identify points of improvement. Oversees the building of financial models to predict the risk exposure of an organization's assets. Reviews risk analysis reports to ensure risks are identified and managed effectively. Promotes organization-wide understanding of risks and risk management strategies. Requires a bachelor's degree. Typically reports to senior management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.