How much does a Risk Management Manager make?
The role of a Risk Management Manager is vital in many industries. These professionals help businesses identify, assess, and manage risks. They ensure that companies can handle potential challenges effectively. According to recent data, a Risk Management Manager makes an average yearly salary of $137,772. This salary can vary depending on factors like experience, industry, and location.
Different levels of experience bring different salaries. Entry-level Risk Management Managers can expect to earn around $56,000 per year. With more experience, this number can rise significantly. Here are some average salaries for different experience levels:
- 5–10 years: $103,000–$134,000
- 10–20 years: $134,000–$165,000
- 20+ years: $165,000–$228,000
What are the highest paying cities for a Risk Management Manager?

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San Francisco, CA
Average Salary: $170,842
Working in San Francisco, you will find many tech companies. Their focus on innovation makes risk management crucial. Leading firms like Salesforce and Uber need managers to safeguard their assets.
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Seattle, WA
Average Salary: $167,481
In Seattle, the tech hub offers many opportunities for risk managers. Companies like Amazon and Microsoft value strong risk management. They seek professionals who can identify potential threats.
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Dallas, TX
Average Salary: $161,585
Dallas is home to large corporations needing robust risk management. Firms like AT&T and ExxonMobil look for managers who can navigate the complex business landscape. They aim to protect their operations from unforeseen events.
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Tampa, FL
Average Salary: $161,151
Tampa has a growing business sector with many finance and insurance companies. Risk managers here work to ensure the stability of these industries. Firms like Raymond James Financial and Florida Blue value their expertise.
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Washington, DC
Average Salary: $154,722
In Washington, DC, political and legal firms need strong risk management. Risk managers help these organizations stay compliant and secure. Companies like Lockheed Martin and Northrop Grumman rely on their skills.
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Cincinnati, OH
Average Salary: $154,303
Cincinnati's manufacturing industry values risk management to protect operations. Companies such as Procter & Gamble and Kroger need managers who can foresee and mitigate risks. They work to ensure business continuity.
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Boston, MA
Average Salary: $153,705
Boston's education and healthcare sectors need skilled risk managers. Leading firms like Mass General Brigham and Boston Children's Hospital look for professionals who can manage risks effectively. They ensure the safety of their services.
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Buffalo, NY
Average Salary: $151,983
Buffalo's diverse economy, including manufacturing and finance, requires risk management expertise. Firms like KeyBank and Moog rely on managers to protect their business interests. They aim to create a secure business environment.
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Atlanta, GA
Average Salary: $149,005
Atlanta's booming tech and logistics sectors need risk management. Companies like Delta Air Lines and Coca-Cola value managers who can identify and mitigate risks. They focus on keeping their operations safe and efficient.
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Detroit, MI
Average Salary: $148,946
Detroit's automotive industry values risk management to ensure smooth operations. Companies like General Motors and Ford need managers who can foresee potential issues. They work to protect the company's assets and reputation.
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What are the best companies a Risk Management Manager can work for?

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Synchrony
Average Salary: $227,857
Synchrony is a leading financial services company. They offer diverse opportunities for Risk Management Managers. Their roles are vital in managing risk for their vast customer base. Synchrony operates across the United States and has several locations, including Stamford, Connecticut, and Richmond, Virginia.
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Intuit
Average Salary: $192,268
Intuit is well-known for its financial software solutions like TurboTax and QuickBooks. They seek Risk Management Managers to help safeguard their software and services. Intuit has its headquarters in Mountain View, California, and offices in several locations across the United States.
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PwC
Average Salary: $188,228
PwC is a global leader in professional services. They offer dynamic roles for Risk Management Managers. PwC’s Risk Management Managers work in a fast-paced environment, ensuring compliance and risk mitigation. They have offices worldwide, with major locations in New York, London, and Sydney.
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Baker Tilly
Average Salary: $181,489
Baker Tilly is a top-tier accounting firm. They provide numerous opportunities for Risk Management Managers. Baker Tilly’s Risk Management Managers focus on auditing and risk assessments. They have offices across the United States, including Chicago, Illinois, and Atlanta, Georgia.
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EY
Average Salary: $170,622
EY is a global leader in assurance, tax, transaction, and advisory services. They have many openings for Risk Management Managers. EY’s Risk Management Managers work on complex projects to identify and mitigate risks. They have offices worldwide, with major locations in New York, London, and Shanghai.
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Citi
Average Salary: $164,677
Citi is one of the world’s leading financial institutions. They offer various roles for Risk Management Managers. Citi’s Risk Management Managers play a critical role in ensuring the bank’s operations are secure. They operate globally, with headquarters in New York and offices in London and Tokyo.
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Huntington Bank
Average Salary: $163,615
Huntington Bank is a prominent regional bank. They have several opportunities for Risk Management Managers. Their roles focus on managing financial risks to protect the bank’s assets. Huntington Bank operates primarily in the Midwest and Eastern United States, with major locations in Columbus, Ohio, and Buffalo, New York.
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KPMG
Average Salary: $163,608
KPMG is a top auditing and advisory firm. They offer many positions for Risk Management Managers. KPMG’s Risk Management Managers work on enhancing the firm’s risk management strategies. They have offices worldwide, with key locations in New York, Amsterdam, and Hong Kong.
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Amazon.com
Average Salary: $154,696
Amazon is a leading e-commerce company. They provide opportunities for Risk Management Managers to manage risks associated with their vast operations. Amazon’s Risk Management Managers work in a dynamic environment to protect the company’s interests. They have offices worldwide, with their headquarters in Seattle, Washington, and a significant presence in Luxembourg and Tokyo.
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Rsm
Average Salary: $152,000
Rsm is a top accounting firm offering various roles for Risk Management Managers. Their Risk Management Managers focus on helping clients manage financial risks. Rsm has offices across the United States, with major locations in Chicago, Illinois, and Miami, Florida.
How to earn more as a Risk Management Manager?
Increasing your earnings as a Risk Management Manager involves several strategic steps. Focusing on professional growth and expanding your skill set can open doors to higher-paying opportunities. Building a strong network within the industry allows for better job leads and salary negotiations. Leveraging experience and credentials can also position a manager for a higher salary. Staying updated with industry trends ensures that one remains competitive in the job market.
Consider these key factors to earn more:
- Advanced Certifications: Earning certifications such as FRM or PRM can enhance your credentials and increase your market value.
- Specialization: Developing expertise in a niche area of risk management can make you more valuable to potential employers.
- Networking: Building a robust professional network helps uncover hidden job opportunities and salary negotiations.
- Experience: Gaining experience in different industries can make you more versatile and attractive to employers.
- Continuous Learning: Staying current with industry trends and best practices ensures you remain competitive.



