Hourly Wage for Vice President of Risk Management Salary in the United States
Hourly Wage for Vice President of Risk Management Salary
How much does a Vice President of Risk Management make hourly in the United States? The average hourly wage for a Vice President of Risk Management in the United States is $108 as of March 26, 2024, but the range typically falls between $95 and $128. 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 Vice President of Risk Management Salary | $83 | US | March 26, 2024 |
| 25th Percentile Vice President of Risk Management Salary | $95 | US | March 26, 2024 |
| 50th Percentile Vice President of Risk Management Salary | $108 | US | March 26, 2024 |
| 75th Percentile Vice President of Risk Management Salary | $128 | US | March 26, 2024 |
| 90th Percentile Vice President of Risk Management Salary | $146 | US | March 26, 2024 |
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Job Description for Vice President of Risk Management
Vice President of Risk Management oversees the planning and analysis of an organization's risk management function. Responsible for the efficient execution of strategies, controls, and measures to monitor and mitigate the risk exposure of assets. Being a Vice President of Risk Management monitors the effectiveness of procedures to identify points of improvement. Reviews financial models to understand the risk exposure of an organization's assets. Additionally, Vice President of Risk Management develops training and educational materials to identify and mitigate risks. Promotes organization-wide understanding of risks and risk management strategies. Requires a bachelor's degree. Typically reports to top management. The Vice President of Risk Management manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Vice President of Risk Management typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description
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Career Path for Vice President of Risk Management
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 Vice President of Risk Management, the first career path typically progresses to Chief Risk Officer.
What does a Vice President of Risk Management do?
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Vice President of Risk Management Pay Difference by Location
Vice President of Risk Management salary varies from city to city. Compared with national average salary of Vice President of Risk Management, the highest Vice President of Risk Management salary is in San Francisco, CA, where the Vice President of Risk Management salary is 25.0% above. The lowest Vice President of Risk Management salary is in Miami, FL, where the Vice President of Risk Management salary is 3.5% lower than national average salary.
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Level of Education for Vice President of Risk Management
Jobs with different levels of education may pay very differently. Check the Vice President of Risk Management salary of your education level.
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- Vice President of Risk Management Salaries with a JD, MD, PhD or Equivalent
Vice President of Risk Management Salary by Global Country
Vice President of Risk Management salary varies from country to country. There are several factors that mainly impact the Vice President of Risk Management salary, including cost of living, economic conditions, market rates and legal differences. Click below to Vice President of Risk Management salary of the other country.
Vice President of Risk Management Salary by State
Geographic variations impact Vice President of Risk Management 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 Vice President of Risk Management: Statistical Analysis, Risk Analysis, Compliance Monitoring, Operational Policy Development ...More
