Average Vice President (VP), Risk Management Salary

$130,037
Avg. Salary
$20,158
Bonus
$7,500
Profit Sharing
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The average salary for a Vice President (VP), Risk Management is $130,037.
10%
$90k
MEDIAN
$130k
90%
$183k
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United States (change)
Salary
$90k - $183k
Bonus
$5k - $50k
Profit Sharing
$1k - $20k
Total Pay
$96k - $218k

Your Market Worth Over Time

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Job Description for Vice President (VP), Risk Management

Vice President (VP), Risk Management Tasks
  • Lead and manage company risk management programs.
  • Promote a culture of risk awareness and accountability through training.
  • Facilitate work relationships across departments.
  • Develop and direct claims processing procedures.
  • Direct risk measurement and monitoring processes and communicate results and recommendations.

Job Satisfaction for Vice President (VP), Risk Management

3.9 out of 5
(62)
Highly Satisfied
1Review

Popular Employer Salaries for Vice President (VP), Risk Management

The top respondents for the job title Vice President (VP), Risk Management are from the companies J.P. Morgan Chase & Co. (JPMCC), Credit Suisse and Citibank. Reported salaries are highest at HSBC where the average pay is $160,573. Other companies that offer high salaries for this role include Credit Suisse and J.P. Morgan Chase & Co. (JPMCC), earning around $137,512 and $133,131, respectively. Citigroup, Inc. pays the lowest at around $88,989. Citibank and Moore Transport also pay on the lower end of the scale, paying $101,736 and $107,917, respectively.

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Popular Skills for Vice President (VP), Risk Management

Skills in Statistical Analysis and Financial Modeling are correlated to pay that is above average. Skills that pay less than market rate include Financial Analysis, Regulatory Compliance and Risk Management / Risk Control.

Pay by Experience Level for Vice President (VP), Risk Management

An early career Vice President (VP), Risk Management with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $112,623 based on 23 salaries. A mid-career Vice President (VP), Risk Management with 5-9 years of experience earns an average total compensation of $119,093 based on 92 salaries. An experienced Vice President (VP), Risk Management with 10-19 years of experience earns an average total compensation of $133,089 based on 147 salaries. In their late career (20 years and higher), employees earn an average total compensation of $151,675.
Employees with Vice President (VP), Risk Management in their job title in Los Angeles, California earn an average of 40.3% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (14.4% more) and Boston, Massachusetts (13.4% more). The lowest salaries can be found in Wilmington, Delaware (10.0% less) and Dallas, Texas (3.7% less).

Years of Experience

This data is based on 351 survey responses.
Early Career
6.6%
Mid Career
26.2%
Experienced
41.9%
Late Career
25.4%