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Salary

How much does a Risk Management Manager make?

The average salary for a Risk Management Manager is $128,568 per year in the US.

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.

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

Risk Management Managers can expect competitive salaries in top cities. San Francisco, CA, leads with an average salary of $174,046, followed closely by Seattle, WA. Dallas, TX, and other major cities also offer high salaries for this role. Consider exploring these cities for a rewarding career in Risk Management. Boston, MA, and Pittsburgh, PA, are also promising options with attractive salary packages.
Graph displaying highest paying cities salaries for Risk Management Manager jobs, highlighting San Francisco, CA with the highest at $174,046 and Pittsburgh, PA with the lowest at $152,278.
  1. 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.
    Find Risk Management Manager jobs in San Francisco, CA


  2. 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.
    Find Risk Management Manager jobs in Seattle, WA


  3. 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.
    Find Risk Management Manager jobs in Dallas, TX


  4. 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.
    Find Risk Management Manager jobs in San Jose, CA


  5. 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.
    Find Risk Management Manager jobs in Buffalo, NY


  6. 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.
    Find Risk Management Manager jobs in Boston, MA


  7. 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.
    Find Risk Management Manager jobs in Cincinnati, OH


  8. 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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  9. 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.
    Find Risk Management Manager jobs in Portland, OR


  10. 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.
    Find Risk Management Manager jobs in Pittsburgh, PA

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

Risk Management Managers can expect competitive salaries at major firms. PwC offers the highest average salary at $198,000. Intuit also stands out with an average salary of $189,203. Other top-paying companies include KPMG, EY, and Deloitte, with average salaries ranging from $160,255 to $163,608. These firms value risk management and offer strong compensation packages.
Graph displaying best paying company salaries for Risk Management Manager jobs, highlighting PwC with the highest at $198,000 and PayPal with the lowest at $137,473.
  1. 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.


  2. 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.


  3. 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.


  4. 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.


  5. 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.


  6. 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.


  7. 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.


  8. 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.


  9. 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.


  10. 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

Currently 182 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
182 Job Openings