Avg. Base Salary (USD)
The average salary for a Risk Management Director is $119,584
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 $99,141 based on 32 salaries. An experienced …Read more
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 …Read more
- 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.