Hourly Wage for Risk Management Director Salary in the United States
Hourly Wage for Risk Management Director Salary
How much does a Risk Management Director make hourly in the United States? The average hourly wage for a Risk Management Director in the United States is $90 as of March 26, 2024, but the range typically falls between $78 and $103. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
| Percentile | Hourly Pay Rate | Location | Last Updated |
| 10th Percentile Risk Management Director Salary | $67 | US | March 26, 2024 |
| 25th Percentile Risk Management Director Salary | $78 | US | March 26, 2024 |
| 50th Percentile Risk Management Director Salary | $90 | US | March 26, 2024 |
| 75th Percentile Risk Management Director Salary | $103 | US | March 26, 2024 |
| 90th Percentile Risk Management Director Salary | $115 | US | March 26, 2024 |
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Job Description for Risk Management Director
Risk Management Director directs and administers an organization's risk-management programs. Develops strategies, controls, and measures to monitor and mitigate the risk exposure of assets. Being a Risk Management Director monitors the effectiveness of procedures to identify points of improvement. Oversees the building of financial models to predict the risk exposure of an organization's assets. Additionally, Risk Management Director reviews risk analysis reports to ensure risks are identified and managed effectively. Promotes organization-wide understanding of risks and risk management strategies. Requires a bachelor's degree. Typically reports to senior management. The Risk Management Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Risk Management Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description
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Career Path for Risk Management Director
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Risk Management Director, the upper level is Vice President of Risk Management and then progresses to Chief Risk Officer.
What does a Risk Management Director do?
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Risk Management Director Pay Difference by Location
Risk Management Director salary varies from city to city. Compared with national average salary of Risk Management Director, the highest Risk Management Director salary is in San Francisco, CA, where the Risk Management Director salary is 25.0% above. The lowest Risk Management Director salary is in Miami, FL, where the Risk Management Director salary is 3.5% lower than national average salary.
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Level of Education for Risk Management Director
Jobs with different levels of education may pay very differently. Check the Risk Management Director salary of your education level.
- Risk Management Director Salaries with No Diploma
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Risk Management Director Salary by Global Country
Risk Management Director salary varies from country to country. There are several factors that mainly impact the Risk Management Director salary, including cost of living, economic conditions, market rates and legal differences. Click below to Risk Management Director salary of the other country.
Risk Management Director Salary by State
Geographic variations impact Risk Management Director salary levels, due to various factors, such as cost of living, industries, market demand and company budgets. Click below to see pay differences between states.
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Skills associated with Risk Management Director: Compliance Monitoring, Financial Risk Management, Market Research, Statistical Analysis ...More
Jobs with a similar salary range to Risk Management Director : Director, Risk Analytics
