Manager, Risk Salary at Tripp Lite BETA

How much does a Tripp Lite Manager, Risk make?

As of April 2025, the average annual salary for a Manager, Risk at Tripp Lite is $130,760, which translates to approximately $63 per hour. Salaries for Manager, Risk at Tripp Lite typically range from $115,032 to $147,106, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Tripp Lite Overview

Website:
tripplite.com
Size:
500 - 1,000 Employees
Revenue:
$50M - $200M
Industry:
MFG Durable

See similar companies related to Tripp Lite

What Skills Does a person Need at Tripp Lite?

At Tripp Lite, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  4. Operational Risk: Operational risk is "the risk of a change in value caused by the fact that actual losses, incurred for inadequate or failed internal processes, people and systems, or from external events (including legal risk), differ from the expected losses". This definition, adopted by the European Solvency II Directive for insurers, is a variation from that adopted in the Basel II regulations for banks. In October 2014, the Basel Committee on Banking Supervision proposed a revision to its operational risk capital framework that sets out a new standardized approach to replace the basic indicator approach and the standardized approach for calculating operational risk capital. It can also include other classes of risks, such as fraud, security, privacy protection, legal risks, physical (e.g. infrastructure shutdown) or environmental risks. The study of operational risk is a broad discipline, close to good management and quality management.
  5. Risk Assessment: Broadly speaking, a risk assessment is the combined effort of: identifying and analyzing potential (future) events that may negatively impact individuals, assets, and/or the environment (i.e. risk analysis); and making judgments "on the tolerability of the risk on the basis of a risk analysis" while considering influencing factors (i.e. risk evaluation).Put in simpler terms, a risk assessment analyzes what can go wrong, how likely it is to happen, what the potential consequences are, and how tolerable the identified risk is. As part of this process, the resulting determination of risk may be expressed in a quantitative or qualitative fashion. The risk assessment is an inherent part of an overall risk management strategy, which attempts to, after a risk assessment, "introduce control measures to eliminate or reduce" any potential risk-related consequences.

Related Jobs

BMO Financial Group
Chicago , IL

Open to remote work arrangements. Independent contributor, supporting in the teams within the broader North American P&BB Risk Management Group in the effective implementation, maintenance and administration of the first line of defense (1st LOD) programs (e.g., Operational Risk, AML, Compliance, Regulatory, etc.), through the use of data and technology. Contributes to a strong risk management culture through collaboration with other first line employees, and second & third line functions to ensure Risks are identified, mitigated, monitored and reported on an ongoing basis. The Manager is responsible for development of metrics and reporting processes to provide a clear view of the US P&BB business-specific risks with the goal of improving the risk issues that violate compliance with the Banks risk requirements. + Manage data/technology/process improvement initiatives end-to-end through the intake, analysis, build and release delivery cycle. + Work with stakeholders to understand busine


Sponsored
4/24/2025 12:00:00 AM
Bank of America
Chicago , IL

Risk Management Manager - Reporting & Metrics Charlotte, North Carolina;Dallas, Texas; Chicago, Illinois; Pennington, New Jersey **Job Description:** At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. Were devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various


Sponsored
4/24/2025 12:00:00 AM
Bank of America
Chicago , IL

Global Financial Crimes Executive - Consumer & Small Business Risk Management Charlotte, North Carolina;Pennington, New Jersey; Atlanta, Georgia; Phoenix, Arizona; Chicago, Illinois; Jacksonville, Florida **Job Description:** At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. Were devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employee


Sponsored
4/24/2025 12:00:00 AM
Accenture
Chicago , IL

In Strategy & Consulting we work with C-suite executives, leaders and boards of the worlds leading organizations, helping them reinvent every part of their enterprise to drive greater growth, enhance competitiveness, implement operational improvements, reduce cost, deliver sustainable 360 stakeholder value, and set a new performance frontier for themselves and the industry in which they operate. Our deep industry and functional expertise is supported by proprietary assets and solutions that help organizations transform faster and become more resilient. Underpinned by technology, data, analytics, AI, change management, talent and sustainability capabilities, our Strategy & Consulting services help architect and accelerate all aspects of an organizations total enterprise reinvention. We are: Finance Risk & Compliance, and we give finance execs the sounding board they need. Value isnt just about maintenance. Its about zeroing in on smart, sustainable ways to grow, and finding the right to


Sponsored
4/24/2025 12:00:00 AM
Accenture
Chicago , IL

In Strategy & Consulting we work with C-suite executives, leaders and boards of the worlds leading organizations, helping them reinvent every part of their enterprise to drive greater growth, enhance competitiveness, implement operational improvements, reduce cost, deliver sustainable 360 stakeholder value, and set a new performance frontier for themselves and the industry in which they operate. Our deep industry and functional expertise is supported by proprietary assets and solutions that help organizations transform faster and become more resilient. Underpinned by technology, data, analytics, AI, change management, talent and sustainability capabilities, our Strategy & Consulting services help architect and accelerate all aspects of an organizations total enterprise reinvention. We are: Finance Risk & Compliance, and we give finance execs the sounding board they need. Value isnt just about maintenance. Its about zeroing in on smart, sustainable ways to grow, and finding the right to


Sponsored
4/23/2025 12:00:00 AM
The University of Chicago Medicine
Chicago , IL

Job Description: Be a part of a world-class academic healthcare system at UChicago Medicine as a Risk Manager in the Legal Affairs Trust Department. This position requires occasional travel to our system site locations around Chicagoland as needed. The primary function of this position will be to work with clinicians and administrators within the Medical Center to conduct pro-active risk assessments, to review and investigate occurrence reports, complete root cause analysis, review adverse and sentinel events, and patient care complications and to identify patient safety issues, potential liability concerns, and systems breakdowns. The Risk Manager will also complete formal grievances and participate in hospital surveys. Essential Job Functions Conduct investigations through clinician interview, medical record assessment and environment of care analysis for assigned patient care events categorized as near miss, adverse or sentinel events Assist the Director of Risk Management & Patient


Sponsored
4/23/2025 12:00:00 AM
Acadia Healthcare
Chicago , IL

Description ESSENTIAL FUNCTIONS: Direct and oversee the risk management program in collaboration with the corporate risk manager designee. Investigate and analyze actual and potential risks in the facility; assess liability and probability of legal action for potential notification. Implement, educate and encourage incident reporting system throughout the facility. Monitor and analyze program performance data to determine program effectiveness and identify opportunities for improvement. Ensure compliance with all administrative requirements. Analyze and evaluate the effectiveness of programs or operations in meeting established goals and objectives in compliance with facility policy. Responsible for identifying high-risk areas that could cause harm to persons receiving services, visitors, and employees. Collaborate with clinical staff and management for prevention of clinical risks throughout the facility. Develop and lead educational activities to enhance the clinical understanding an


Sponsored
4/20/2025 12:00:00 AM
BMO Financial Group
Naperville , IL

Open to remote work arrangements. Independent contributor, supporting in the teams within the broader North American P&BB Risk Management Group in the effective implementation, maintenance and administration of the first line of defense (1st LOD) programs (e.g., Operational Risk, AML, Compliance, Regulatory, etc.), through the use of data and technology. Contributes to a strong risk management culture through collaboration with other first line employees, and second & third line functions to ensure Risks are identified, mitigated, monitored and reported on an ongoing basis. The Manager is responsible for development of metrics and reporting processes to provide a clear view of the US P&BB business-specific risks with the goal of improving the risk issues that violate compliance with the Banks risk requirements. + Manage data/technology/process improvement initiatives end-to-end through the intake, analysis, build and release delivery cycle. + Work with stakeholders to understand busine


Sponsored
4/20/2025 12:00:00 AM

Check more jobs information at Tripp Lite

Job Title Average Tripp Lite Salary Hourly Rate
2 Territory Manager $106,969 $51
3 Territory Sales Manager $135,078 $65
4 Vice President, Finance $276,375 $133
5 Business Development Manager $139,169 $67
6 DevOps Engineer $124,489 $60
7 Director, Information Technology $207,548 $100
8 Director, Logistics $186,850 $90
9 eCommerce Business Analyst $76,916 $37
10 Engineering Technician $88,892 $43
11 Global Director, Supply Chain $190,527 $92
12 Global Project Manager, Supply Chain $127,126 $61
13 Inside Channel Account Manager $133,350 $64

Hourly Pay at Tripp Lite

The average hourly pay at Tripp Lite for a Manager, Risk is $63 per hour. The location, department, and job description all have an impact on the typical compensation for Tripp Lite positions. The pay range and total remuneration for the job title are shown in the table below. Tripp Lite may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $130,760 look to you?

FAQ about Salary and Jobs at Tripp Lite

1. How much does Tripp Lite pay per hour?
The average hourly pay is $63. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Tripp Lite?
According to the data, the highest approximate salary is about $147,106 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Tripp Lite?
According to the data, the lowest estimated salary is about $115,032 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.