The average salary for a Risk Management Director is $116,542.
Risk Management Director by
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What Do Risk Management Directors Do?
Risk management directors are responsible for overseeing a company's policies and procedures to ensure compliance with local, state, and federal laws, as well as ensuring that the company complies with internal and external auditing.
Risk management directors must have a strong background in procedures and banking laws and the ability to stay up-to-date with changes in the industry to ensure compliance at all times. They must be able to review portfolios and make risk decisions based on the inf…Read more
Risk Management Director Tasks
- Oversee staff operations, business planning and budget development.
- Direct staff in effective and efficient use of programs that promote quality processes.
- Examine and analyze risk data to determine potential loss.
- Plan and direct the risk management program.
Job Satisfaction for Risk Management Director
Risk Management Director Job Listings
What Are Popular Skills for Risk Management Directors?
Skills in Strategic Planning are correlated to pay that is above average. Skills that pay less than market rate include Legal Compliance, Claim Handling, Insurance and Risk Management / Risk Control.
What is the Pay by Experience Level for Risk Management Directors?
An early career Risk Management Director with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $89,980 based on 8 salaries. A mid-career Risk Management Director with 5-9 years of experience earns an average total compensation of $100,001 based on 27 salaries. An experienced Risk Management Director with 10-19 years of experience earns an average total compensation of $122,452 based on 82 salaries. In their late career (20 years and higher), employees earn an average total compensation of $120,364.
Pay Difference by Location
Employees with Risk Management Director in their job title in San Francisco, California earn an average of 27.6% more than the national average. These job titles also find higher than average salaries in Houston, Texas (17.4% more) and Washington, District of Columbia (8.0% more). The lowest salaries can be found in Phoenix, Arizona (5.7% less), Atlanta, Georgia (5.6% less) and Dallas, Texas (2.5% less).
Years of Experience
This data is based on 166 survey responses.