The average salary for a Risk Management Consultant is $74,627.
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$55k - $118k
$1k - $15k
$971 - $7k
$0 - $5k
$54k - $127k
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Job Description for Risk Management Consultant
Risk management consultants analyze all aspects of the company - including financial, technology, and general business - to determine risk levels and opportunities to mitigate them. This involves working directly with stakeholders to determine standards and policies for analysis, litigation, investigations, and policies. On a day-to-day basis, the job mostly consists of activities such as user profiling, auditing, and collaboration with teams such as security operations. The consultant creates r…Read more
Risk Management Consultant Tasks
- Identify, analyze, and monitor risk.
- Create solutions and management strategies for potential clients.
- Evaluate compliance with state and federal policy.
- Propose best practice and risk mitigation and management strategies.
Popular Employer Salaries for Risk Management Consultant
The top respondents for the job title Risk Management Consultant are from the companies Wells Fargo & Co., Wells Fargo Bank and Deloitte & Touche LLP. Reported salaries are highest at Wells Fargo Bank where the average pay is $85,812. Other companies that offer high salaries for this role include Wells Fargo & Co. and Deloitte & Touche LLP, earning around $83,630 and $68,954, respectively. Deloitte pays the lowest at around $64,131. Crowe, Chizek and Company LLP and EY (Ernst & Young) also pay on the lower end of the scale, paying $64,939 and $65,106, respectively.
Explore the most common career paths for Risk Management Consultant. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Risk Management Consultant
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Risk Management Consultant Job Listings
Popular Skills for Risk Management Consultant
Skills in Risk Management / Risk Control, Risk Consulting, Regulatory Compliance, Project Management and Data Analysis are correlated to pay that is above average.
Pay by Experience Level for Risk Management Consultant
An entry-level Risk Management Consultant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $62,669 based on 67 salaries. An early career Risk Management Consultant with 1-4 years of experience earns an average total compensation of $67,988 based on 249 salaries. A mid-career Risk Management Consultant with 5-9 years of experience earns an average total compensation of $87,338 based on 145 salaries. An experienced Risk Management Consultant with 10-19 years of experience earns an average total compensation of $95,895 based on 115 salaries. In their late career (20 years and higher), employees earn an average total compensation of $116,577.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Risk Management Consultant in their job title in Charlotte, North Carolina earn an average of 12.8% more than the national average. These job titles also find higher than average salaries in Minneapolis, Minnesota (7.8% more) and San Francisco, California (2.3% more). The lowest salaries can be found in Washington, District of Columbia (3.7% less), Chicago, Illinois (2.1% less) and Atlanta, Georgia (1.3% less).
Years of Experience
This data is based on 633 survey responses.
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