How much does a Risk Management Manager make?
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.
What are the highest paying cities for a Risk Management Manager?

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



