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How much does a Risk Management Manager make?

The average salary for a Risk Management Manager is $130,807 per year in the US.

Risk Management Managers play a key role in helping companies avoid financial loss. They create strategies to prevent potential risks. This job is very important, and it comes with a good salary. On average, Risk Management Managers make $130,807 per year. This salary can change based on experience, company size, and location.

When looking at salaries, it helps to see how they break down. For instance, 10% of Risk Management Managers earn around $54,338, while 90% earn above $114,324. The highest earners, around 10%, make over $189,307 per year. The salary scale shows that this job can offer good pay, especially with more experience.

Factors like industry and region can also affect salary. In some areas, Risk Management Managers can earn more. For example, those working in finance or insurance often earn higher than average. Job seekers should look into these factors to understand the full picture of potential earnings.

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What are the highest paying cities for a Risk Management Manager?

Job seekers aiming for roles in risk management can find lucrative opportunities in several cities. San Francisco and Seattle lead with high average salaries, offering risk management managers an excellent income. Additional cities like Denver, Houston, and Los Angeles also provide strong compensation packages.
Graph displaying highest paying cities salaries for Risk Management Manager jobs, highlighting San Francisco, CA with the highest at $164,069 and Tampa, FL with the lowest at $147,596.
  1. San Francisco, CA
    Average Salary: $164,069
    In San Francisco, a leader in tech and innovation, managing risk is a critical part of business operations. Companies like Salesforce and Uber depend on skilled risk managers to protect their assets and maintain trust. The fast-paced environment demands sharp analytical skills and a proactive approach to risk assessment.
    Find Risk Management Manager jobs in San Francisco, CA


  2. Seattle, WA
    Average Salary: $158,883
    Seattle’s business landscape thrives on growth and sustainability. Companies such as Microsoft and Amazon place high importance on risk management. Professionals here develop strategies to protect company interests and ensure smooth operations. The city's innovative spirit calls for creative risk solutions.
    Find Risk Management Manager jobs in Seattle, WA


  3. Hartford, CT
    Average Salary: $156,474
    As the insurance capital of the world, Hartford offers a unique environment for risk management professionals. Companies like The Hartford and Aetna need experts to analyze and mitigate risks. The city’s focus on insurance provides a wealth of opportunities and a stable job market.
    Find Risk Management Manager jobs in Hartford, CT


  4. Denver, CO
    Average Salary: $154,535
    Denver is a growing hub for energy and tech companies. Risk managers here work with firms like Anthem and Blue Cross Blue Shield to safeguard their operations. The city’s vibrant economy and diverse industries create a dynamic work setting for risk professionals.
    Find Risk Management Manager jobs in Denver, CO


  5. Houston, TX
    Average Salary: $150,984
    Houston’s energy sector is vast, with companies like ExxonMobil and Halliburton requiring strong risk management. Professionals here develop plans to handle various risks, from financial to operational. The city’s resilience and business-friendly policies support a thriving job market for risk managers.
    Find Risk Management Manager jobs in Houston, TX


  6. Cleveland, OH
    Average Salary: $150,697
    Cleveland’s industrial and healthcare sectors value risk management expertise. Companies like KeyCorp and University Hospitals depend on skilled managers to protect their interests. The city’s diverse industries offer a robust environment for risk professionals to make an impact.
    Find Risk Management Manager jobs in Cleveland, OH


  7. Cincinnati, OH
    Average Salary: $150,478
    Cincinnati’s manufacturing and financial sectors are key players in the region. Companies like Procter & Gamble and Fifth Third Bank need professionals to manage risks effectively. The city’s focus on quality and safety makes it a great place for risk management careers.
    Find Risk Management Manager jobs in Cincinnati, OH


  8. Los Angeles, CA
    Average Salary: $150,180
    In Los Angeles, the entertainment and tech industries drive the economy. Companies such as Disney and Amazon require strong risk management to protect their assets. Professionals here enjoy a dynamic environment with many opportunities to grow and innovate.
    Find Risk Management Manager jobs in Los Angeles, CA


  9. Washington, DC
    Average Salary: $148,224
    Washington, DC is a political and financial center where risk management is crucial. Companies like Boeing and Lockheed Martin need experts to navigate complex risks. The city’s focus on stability and compliance creates a strong demand for skilled risk managers.
    Find Risk Management Manager jobs in Washington, DC


  10. Tampa, FL
    Average Salary: $147,596
    Tampa’s growing economy and diverse industries need skilled risk managers. Companies like Wells Fargo and TECO Energy depend on professionals to protect their operations. The city’s emphasis on growth offers a promising environment for risk management careers.
    Find Risk Management Manager jobs in Tampa, FL

What are the best companies a Risk Management Manager can work for?

Job seekers in the field of Risk Management can find lucrative opportunities with top companies. Companies like PwC, Google, and Amazon offer some of the highest salaries, averaging around $198,000, $161,974, and $154,238 respectively. Other notable companies such as JPMorgan Chase and U.S. Bank also provide competitive compensation packages for Risk Management Managers. Pursuing a career with these top-tier firms can lead to significant financial rewards. Financial institutions such as Fannie Mae, American Express, Charles Schwab, and KeyBank are also excellent choices for those seeking a balance of job satisfaction and salary. These companies consistently offer salaries above $125,000, making them attractive options for experienced professionals in risk management.
Graph displaying best paying company salaries for Risk Management Manager jobs, highlighting PwC with the highest at $198,000 and American Express with the lowest at $127,124.
  1. PwC
    Average Salary: $198,000
    PwC offers Risk Management Manager positions with a strong emphasis on helping clients navigate complex risk landscapes. Positions are available in major cities like New York, London, and Sydney. The company values innovative solutions to risk management challenges.


  2. Google
    Average Salary: $161,974
    Google provides Risk Management Manager roles focused on safeguarding the company's assets and data. Available locations include Mountain View, New York, and Dublin. At Google, this role involves developing strategies to mitigate risks in a fast-paced tech environment.


  3. Amazon
    Average Salary: $154,238
    Amazon offers Risk Management Manager positions with a focus on enterprise-wide risk assessments. Roles are available in Seattle, Austin, and London. The company seeks to minimize risks across its vast operations and supply chains.


  4. JPMorgan Chase
    Average Salary: $144,294
    JPMorgan Chase provides opportunities for Risk Management Managers to oversee financial and operational risks. Locations include New York, London, and Hong Kong. The company emphasizes compliance and risk mitigation in its financial services.


  5. U.S. Bank
    Average Salary: $139,442
    U.S. Bank offers Risk Management Manager positions to manage credit and market risks. Positions are available in Minneapolis, Denver, and San Francisco. The bank values risk management expertise to maintain stability and growth.


  6. City National Bank
    Average Salary: $139,375
    City National Bank provides Risk Management Manager roles focused on identifying and mitigating financial risks. Locations include Los Angeles and Las Vegas. The bank seeks to ensure its clients receive the best risk management services.


  7. Charles Schwab
    Average Salary: $137,002
    Charles Schwab offers Risk Management Manager positions with a focus on investment and operational risks. Available in Dallas and Phoenix, the company aims to protect its clients’ investments and assets effectively.


  8. KeyBank
    Average Salary: $135,667
    KeyBank provides Risk Management Manager roles to oversee credit and market risks. Locations include Cleveland and Portland. The bank emphasizes strong risk management practices to support its customers’ financial needs.


  9. Fannie Mae
    Average Salary: $127,909
    Fannie Mae offers Risk Management Manager positions focused on housing market risks. Available in Washington, D.C., and Chicago, the company aims to mitigate risks in the mortgage and housing sectors.


  10. American Express
    Average Salary: $127,124
    American Express provides Risk Management Manager roles focused on credit and fraud risks. Available in New York and Toronto, the company values effective risk management to protect its customers and business.

How to earn more as a Risk Management Manager?

A Risk Management Manager can increase earnings through various professional strategies. This role involves overseeing risk assessments and implementing strategies to minimize potential losses. Staying ahead in this field often leads to better compensation. Understanding how to maximize your earning potential can make a significant difference.

One way to earn more as a Risk Management Manager involves gaining advanced certifications. These credentials can validate your expertise and open doors to higher-paying positions. For instance, obtaining a Certified Risk Manager (CRM) or a Certified Information Systems Auditor (CISA) can enhance job prospects. These certifications show dedication to continuous learning and professional growth. An employer is likely to pay a higher salary for these added qualifications.

  1. Advanced Education: Pursue higher degrees like a Master’s in Risk Management or a related field.
  2. Certifications: Gain recognized credentials such as CRM or CISA.
  3. Experience: Work in various industries to build a broad skill set.
  4. Networking: Connect with other professionals to learn about job opportunities.
  5. Continuous Learning: Stay updated with the latest trends and practices in risk management.

Currently 158 Risk Management Manager job openings, nationwide.

How's the job market for a Risk Management Manager in the US?

Learn what a Risk Management Manager does, how to become one, and understand the job outlook. Get simple steps to start your career as a Risk Management Manager today.
Position
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Risk Management Manager
158 Job Openings