How much does a Risk Manager make in North Adams, MI? The average Risk Manager salary in North Adams, MI is $124,785 as of September 01, 2024, but the range typically falls between $112,076 and $139,257. Salary ranges 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.
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.
Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
3.
Root Cause Analysis: In science and engineering, root cause analysis (RCA) is a method of problem solving used for identifying the root causes of faults or problems. It is widely used in IT operations, telecommunications, industrial process control, accident analysis (e.g., in aviation, rail transport, or nuclear plants), medicine (for medical diagnosis), healthcare industry (e.g., for epidemiology), etc. RCA can be decomposed into four steps: Identify and describe clearly the problem. Establish a timeline from the normal situation up to the time the problem occurred. Distinguish between the root cause and other causal factors (e.g., using event correlation). Establish a causal graph between the root cause and the problem.RCA generally serves as input to a remediation process whereby corrective actions are taken to prevent the problem from reoccurring. The name of this process varies from one application domain to another.
Mastering certain skills can make the compensation of a Risk Manager higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Commitment, you can get a 6% salary raise. If you are good at Influencing, your salary will increase by 6%.If you are expert in Operational Risk Management, your salary will rise by 5%.
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy.
If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.
All times are listed as US Eastern time (Boston/New York)
9:00 AM-9:30 AM
9:30 AM-10:00 AM
10:00 AM-10:30 AM
10:30 AM-11:00 AM
11:00 AM-11:30 AM
11:30 AM-12:00 PM
12:00 PM-12:30 PM
12:30 PM-1:00 PM
1:00 PM-1:30 PM
1:30 PM-2:00 PM
2:00 PM-2:30 PM
2:30 PM-3:00 PM
3:00 PM-3:30 PM
3:30 PM-4:00 PM
4:00 PM-4:30 PM
4:30 PM-5:00 PM
5:00 PM-5:30 PM
5:30 PM-6:00 PM
6:00 PM-6:30 PM
6:30 PM-7:00 PM
7:00 PM-7:30 PM
7:30 PM-8:00 PM
Job Description for Risk Manager
Risk Manager manages and administers an organization's risk-management programs. Implements policies, procedures, and controls to monitor and minimize the risk exposure of assets. Being a Risk Manager researches internal and external risk factors including economic, market, and regulatory risks that may affect the organization. Routinely evaluates the effectiveness of procedures and collaborates with internal stakeholders to monitor changes in the business environment. Additionally, Risk Manager manages statistical analysis and designing of financial models to predict the risk exposure of an organization's assets. Reviews risk analysis reports to ensure risks are identified and managed effectively. Requires a bachelor's degree. Typically reports to a director. The Risk Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Risk Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)...
View full job description
Salary.com job board provides millions of Risk Manager information for you to search for. Click on search button below to see Risk Manager job openings or enter a new job title here.
DMC Harper University/Hutzel Women's Hospital - DETROIT, MI
Up to $7,500 Sign on Bonus, based on amount of relevant experience. DMC Harper University Hospital. has distinguished itself in surgery and medicine and is...
DMC Harper University/Hutzel Women's Hospital - Detroit, MI
Up to $7,500 Sign on Bonus, based on amount of relevant experience. DMC Harper University Hospital. has distinguished itself in surgery and medicine and is...
DMC Harper University/Hutzel Women's Hospital - Detroit, MI
Up to $7,500 Sign on Bonus, based on amount of relevant experience. DMC Harper University Hospital. has distinguished itself in surgery and medicine and is...
DMC Harper University/Hutzel Women's Hospital - Detroit, MI
Up to $7,500 Sign on Bonus, based on amount of relevant experience. DMC Harper University Hospital. has distinguished itself in surgery and medicine and is...
DMC Harper University/Hutzel Women's Hospital - Detroit, MI
Up to $7,500 Sign on Bonus, based on amount of relevant experience. DMC Harper University Hospital. has distinguished itself in surgery and medicine and is...
- 3 Days Ago
Career Path for Risk Manager
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 Manager, the first career path typically progresses to E-commerce Risk Director.
The second career path typically starts with an Insurance Risk Senior Manager position, and then progresses to Insurance Risk Director.
Additionally, the third career path typically starts with a Senior Risk Manager position, and then progresses to Risk Management Director.
Those that have already made the climb...
Raymond V. Damadian, Chairman of the Board; Acting Principal Financial Officer; Director
FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates in two segments, Medical Equipment, and Physician Management and Di... More
FONAR CORP
Company Description
Fiscal Year Ended in 2022
What does a Risk Manager do?
Risk Manager in Little Rock, AR
It really depends on which part of risk management you are talking about.
December 18, 2019
Risk Manager in Huntington, WV
With thorough risk management and an experienced independent insurance agent, this loss could have been prevented.
November 18, 2019
Risk Manager in Springfield, MO
Financial risk managers work in sales, loan origination, trading, marketing, financial services, or private banking.
Risk Manager salary varies from city to city.
Compared with national average salary of Risk Manager, the highest Risk Manager salary is in San Francisco, CA, where the Risk Manager salary is 25.0% above.
The lowest Risk Manager salary is in Miami, FL, where the Risk Manager salary is 3.5% lower than national average salary.
North Adams is a village in Adams Township of Hillsdale County in the U.S. state of Michigan. The population was 477 at the 2010 census.
The town is notable for being referenced in the Home Improvement episode "You're Driving Me Crazy, You're Driving Me Nuts."
According to the United States Census Bureau, the village has a total area of 0.52 square miles (1.35 km2), all land....
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Risk Manager salary varies from country to country.
There are several factors that mainly impact the Risk Manager salary, including cost of living, economic conditions, market rates and legal differences.
Click below to Risk Manager salary of the other country.
Browse All Financial Services Jobs by Salary Level
Browse Related Job Categories With Risk Manager
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries.
Risk Manager salary varies from category to category.
Click below to see Risk Manager salary in different categories.
Take just three simple steps below to generate your own personalized salary report
Step 1 of 3
Understand the total compensation opportunity for a Risk Manager, base salary plus other pay elements
Average Base Salary
Core compensation
 
 
 
112076
139257
124785
Average Total Cash Compensation
Includes base and annual incentives
 
 
 
120101
156240
135565
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Risk Manager in North Adams, MI. The base salary for Risk Manager ranges from $112,076 to $139,257 with the average base salary of $124,785. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $120,101 to $156,240 with the average total cash compensation of $135,565.
About North Adams, Michigan North Adams is a village in Adams Township of Hillsdale County in the U.S. state of Michigan. The population was 477 at the 2010 census.
The town is ....More