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How much does a Risk Management Manager make?

The average salary for a Risk Management Manager is $131,711 per year in the US.

A Risk Management Manager plays a crucial role in ensuring the safety and financial health of an organization. This role often involves analyzing risks, developing strategies to mitigate them, and implementing plans to protect against potential threats. People in this role can expect to earn an average yearly salary of around $131,711.

The salary for Risk Management Managers can vary based on several factors. Experience, location, and industry are some of the most significant factors. Those in major cities or high-risk industries may find their salaries on the higher end of the spectrum. The data shows that the lowest-paid managers earn about $55,440 per year, while the highest-paid can earn up to $218,500 annually. The middle 50% of professionals earn between $114,735 and $144,382 per year.

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

Looking for a rewarding career in risk management? San Francisco tops the list with an average salary of $172,478 for Risk Management Managers. Seattle and Dallas also offer competitive salaries, with figures around $172,000 and $166,000, respectively. Other top cities include Boston, Cincinnati, and Washington, DC, where salaries remain attractive. Choosing these cities can offer not only a higher salary but also a dynamic work environment. Cities like San Jose and Buffalo provide good compensation packages as well. Job seekers in risk management should consider these locations for promising opportunities.
Graph displaying highest paying cities salaries for Risk Management Manager jobs, highlighting San Francisco, CA with the highest at $172,478 and San Jose, CA with the lowest at $149,786.
  1. San Francisco, CA
    Average Salary: $172,478
    In San Francisco, managing risk is vital with the tech hub's ever-evolving landscape. Companies like Salesforce and Tesla seek experts to safeguard their operations. The city’s dynamic environment provides ample opportunities to innovate in risk strategies.
    Find Risk Management Manager jobs in San Francisco, CA


  2. Seattle, WA
    Average Salary: $172,154
    Seattle offers a unique blend of tech giants and startups where managing risk is key. With Amazon and Microsoft leading the charge, professionals here thrive on crafting strategies to protect assets. The city's growing tech scene makes it an exciting place to work in risk management.
    Find Risk Management Manager jobs in Seattle, WA


  3. Dallas, TX
    Average Salary: $166,395
    Dallas is a powerhouse for energy and finance, making risk management critical. Firms like Exxon and AT&T rely on skilled managers to navigate complex challenges. The city's strong business culture offers a stable environment for career growth in risk management.
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  4. Boston, MA
    Average Salary: $155,910
    Boston’s rich history and academic influence create a unique risk management landscape. Companies like Liberty Mutual and State Street need managers adept at assessing and mitigating risks. The city’s blend of tradition and innovation offers a distinctive career path.
    Find Risk Management Manager jobs in Boston, MA


  5. Cincinnati, OH
    Average Salary: $154,966
    In Cincinnati, managing risk takes on a community-focused approach. With companies like Procter & Gamble, there’s a strong emphasis on corporate responsibility. Professionals here work to ensure both business success and community safety, offering a fulfilling career.
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  6. Washington, DC
    Average Salary: $154,612
    Washington, DC, is a hub for policy and government, where risk management is crucial. Agencies and firms need experts to navigate regulatory challenges. The city’s political environment provides a unique backdrop for a career in risk management.
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  7. Tampa, FL
    Average Salary: $152,923
    Tampa offers a growing business environment with a focus on risk management. Companies in finance and healthcare, such as Raymond James and AdventHealth, seek skilled managers. The city’s mild climate and expanding economy make it an attractive place to work.
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  8. Buffalo, NY
    Average Salary: $151,983
    Buffalo’s diverse industries require effective risk management. Companies like M&T Bank and Tops Markets need professionals to protect their assets. The city’s blend of tradition and innovation offers a unique setting for a career in risk management.
    Find Risk Management Manager jobs in Buffalo, NY


  9. Atlanta, GA
    Average Salary: $149,994
    Atlanta’s fast-growing economy demands adept risk management. Delta Air Lines and Coca-Cola rely on managers to safeguard their operations. The city’s vibrant business scene provides many opportunities for career advancement in risk management.
    Find Risk Management Manager jobs in Atlanta, GA


  10. San Jose, CA
    Average Salary: $149,786
    San Jose is a tech hub where managing risk is essential. Companies like Google and Cisco need experts to protect their interests. The city’s innovative spirit offers a dynamic environment for professionals in risk management.
    Find Risk Management Manager jobs in San Jose, CA

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

Looking for high-paying Risk Management Manager roles? PwC leads the pack with an average salary of $198,000. Intuit and Deloitte follow closely, offering average salaries of $189,203 and $168,832 respectively. EY, KPMG, and other major companies also provide competitive compensation.
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 $144,505.
  1. PwC
    Average Salary: $198,000
    PwC offers Risk Management Manager roles with a focus on providing strategic advice to clients. The company operates in various locations, including major cities across the U.S., Europe, Asia, the Middle East, Africa, and the Americas.


  2. Intuit
    Average Salary: $189,203
    At Intuit, Risk Management Managers play a key role in ensuring the company’s financial stability and operational efficiency. Intuit's operations span across the U.S., Canada, the U.K., and India.


  3. Deloitte
    Average Salary: $168,832
    Deloitte seeks skilled Risk Management Managers to help clients navigate complex regulatory environments. Deloitte has a global presence, with offices in over 150 countries.


  4. EY
    Average Salary: $166,047
    EY provides Risk Management Managers with opportunities to enhance risk management frameworks. The company has offices in more than 70 countries around the world.


  5. KPMG
    Average Salary: $163,608
    KPMG offers Risk Management Managers the chance to work with leading organizations across various industries. KPMG operates in over 150 countries with a strong focus on innovation and technology.


  6. Google
    Average Salary: $159,083
    Google hires Risk Management Managers to ensure that business strategies align with risk mitigation plans. Google has offices in many countries, including the U.S., Europe, Asia, and Africa.


  7. Amazon.com
    Average Salary: $152,303
    Amazon.com provides Risk Management Managers with diverse opportunities to manage risks across a vast and dynamic business landscape. The company has a presence in numerous countries, including the U.S., Europe, and Asia.


  8. Rsm
    Average Salary: $152,000
    Rsm offers Risk Management Managers roles that focus on consulting and advisory services. Rsm operates in over 100 locations across the U.S.


  9. City National Bank
    Average Salary: $147,435
    City National Bank seeks Risk Management Managers to ensure the stability and security of financial operations. The bank has branches across Southern California and Florida.


  10. PayPal
    Average Salary: $144,505
    PayPal offers Risk Management Managers roles that involve managing financial risks and enhancing security measures. The company operates globally, with major offices in the U.S., Europe, Asia, and the Americas.

How to earn more as a Risk Management Manager?

Becoming a Risk Management Manager involves taking on significant responsibilities that can lead to a rewarding career. One of the key objectives for many in this role is to earn more. To achieve higher pay, it is essential to focus on specific areas that can enhance one's marketability and effectiveness. Building the right skills and experience can make a notable difference in salary.

Here are some factors that can help a Risk Management Manager earn more:

  1. Advanced Certifications: Obtaining certifications such as the Professional Risk Manager (PRM) or Chartered Enterprise Risk Analyst (CERA) can distinguish a candidate in the job market.
  2. Industry Experience: Gaining experience in high-risk industries like finance, healthcare, or technology can often lead to higher pay.
  3. Leadership Skills: Developing strong leadership abilities can lead to promotions and higher salaries.
  4. Networking: Building a strong professional network can open doors to better opportunities.
  5. Continual Learning: Staying updated with the latest risk management trends and technologies can enhance job performance and salary potential.

Currently 165 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
165 Job Openings