How much does a Risk Management Manager make?
A Risk Management Manager plays a key role in protecting businesses from potential risks. The average yearly salary for this position stands at $128,568. This figure can vary based on experience and industry. For example, the bottom 10% earn around $53,820, while the top 10% can make over $202,961 annually.
Several factors influence a Risk Management Manager's salary. Experience and expertise often lead to higher pay. Those with more years in the field and a strong track record usually see higher earnings. Industry type also matters. Financial services and healthcare, for instance, often offer higher salaries compared to other sectors. Location is another factor, with urban areas typically offering more than rural locations.
What are the highest paying cities for a Risk Management Manager?

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San Francisco, CA
Average Salary: $174,046
In San Francisco, this role involves assessing and mitigating risks for tech giants like Google and Salesforce. Professionals often work in a fast-paced environment with innovative challenges.
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Seattle, WA
Average Salary: $172,668
Seattle offers a dynamic workplace for risk managers with companies such as Amazon and Microsoft. The city’s tech-forward culture provides a unique setting for risk management.
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Dallas, TX
Average Salary: $167,456
In Dallas, working as a risk manager includes collaborating with major firms like ExxonMobil and AT&T. The city’s business-centric atmosphere supports steady growth in this field.
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San Jose, CA
Average Salary: $163,912
San Jose offers a vibrant job market for risk managers, with opportunities in tech companies like Intel and Cisco. The area’s innovation and tech focus provide diverse challenges.
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Buffalo, NY
Average Salary: $157,408
Buffalo provides a mix of industries for risk managers, including healthcare and finance. Companies like Blue Cross Blue Shield offer stability and opportunities for growth.
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Boston, MA
Average Salary: $155,577
Boston’s job market for risk managers includes top firms like Fidelity and State Street. The city’s rich financial history offers a robust backdrop for this profession.
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Cincinnati, OH
Average Salary: $154,389
In Cincinnati, risk managers work with companies like Procter & Gamble and Kroger. The city’s strong manufacturing roots provide a solid foundation for risk management.
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Washington, DC
Average Salary: $154,109
Washington, DC, offers a unique mix of government and private sector roles. Risk managers here often work with organizations like Deloitte and the World Bank.
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Portland, OR
Average Salary: $153,349
Portland presents a growing market for risk managers with companies like Nike and Portland General Electric. The city’s eco-friendly focus adds a unique dimension to the role.
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Pittsburgh, PA
Average Salary: $152,278
Pittsburgh’s job market features companies like UPMC and PPG Industries. Risk managers in this city enjoy a blend of traditional industry and modern innovation.
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What are the best companies a Risk Management Manager can work for?

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PwC
Average Salary: $198,000
At PwC, Risk Management Managers play a key role in protecting the company's assets and ensuring compliance with regulations. They work across various sectors, including consulting, assurance, and tax. The company operates globally, with offices in over 150 countries.
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Intuit
Average Salary: $189,203
Intuit offers Risk Management Managers the chance to help safeguard the company's financial health and operations. They focus on identifying and mitigating risks related to technology and finance. Intuit operates primarily in the US, Canada, and the UK.
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KPMG
Average Salary: $163,608
KPMG provides Risk Management Managers with the opportunity to manage risks for clients in areas like finance, technology, and operations. They work to enhance business performance and protect assets. KPMG is present in over 140 countries.
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EY
Average Salary: $162,564
At EY, Risk Management Managers play a crucial role in ensuring that the company's operations run smoothly and safely. They focus on identifying and managing risks related to technology and compliance. EY operates in over 70 countries.
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Deloitte
Average Salary: $160,255
Deloitte offers Risk Management Managers the chance to protect the company's assets and ensure operational excellence. They work on risk assessment and management in various sectors, including finance and technology. Deloitte is present in more than 150 countries.
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Google
Average Salary: $158,158
Google provides Risk Management Managers with opportunities to protect the company's technological innovations and operations. They focus on cybersecurity and compliance. Google operates globally with offices in over 70 countries.
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Rsm
Average Salary: $152,000
Rsm offers Risk Management Managers roles in ensuring that businesses are compliant and secure. They focus on financial and operational risks. Rsm operates in the US, with offices in over 75 locations.
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Amazon.com
Average Salary: $151,954
At Amazon, Risk Management Managers play a vital role in safeguarding the company's extensive operations. They focus on supply chain risks and compliance. Amazon is a global company with operations in many countries.
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City National Bank
Average Salary: $144,229
City National Bank offers Risk Management Managers the chance to protect the financial institution's assets and ensure regulatory compliance. They focus on credit and market risks. The bank operates primarily in the US.
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PayPal
Average Salary: $137,473
PayPal provides Risk Management Managers with opportunities to safeguard the company's financial transactions and protect against fraud. They focus on cybersecurity and compliance. PayPal operates globally with offices in over 20 countries.
How to earn more as a Risk Management Manager?
In today's business world, a Risk Management Manager plays a key role in securing a company's future. This job not only involves identifying potential risks but also implementing strategies to mitigate them. To earn more in this field, certain factors can significantly enhance earning potential. Focus on developing these key areas to maximize career growth and salary.
First, gaining advanced certifications can boost earning potential. Professional certifications such as the Certified Risk Manager (CRM) or the Certified Risk Management Professional (CRMP) are highly valued by employers. These credentials demonstrate a deep understanding of risk management principles and practices. Next, develop expertise in specific industries. Specializing in areas like finance, healthcare, or technology can make a Risk Management Manager more valuable. Industry-specific knowledge helps in understanding unique risks and regulatory requirements. Communication skills also matter greatly. Being able to clearly explain risks and solutions to executives and stakeholders is crucial. Effective communication helps in building trust and making informed decisions. Leadership qualities are another important factor. Taking on roles that involve managing teams and projects can lead to higher responsibilities and, in turn, higher pay. Finally, staying current with the latest risk management trends and technologies ensures a competitive edge in the job market.
By focusing on these areas, Risk Management Managers can significantly increase their earning potential and career advancement opportunities.
- Gain advanced certifications
- Develop industry-specific expertise
- Enhance communication skills
- Cultivate leadership abilities
- Stay updated with industry trends



