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Global risk management directors are employed in many different industries. The exact range of their duties varies depending on the industry. Generally speaking, their role is to minimize potential risks the organization might face by creating an environment of awareness and work towards reducing liabilities. They work closely together with management, monitoring internal investigations related to exposures to potential risks.
You will need a thorough understanding of factors that might expose the company to risk. Knowing industry regulations inside out will be your primary responsibility. This will allow you to spot potential lawsuits or insurance claims that might threaten the activities and revenues of your company. You will evaluate risks and implement measures to minimize them. Monitoring workplace activities and business operations to make sure they comply with protective policies will also be your duty.
A bachelor's degree in a business or finance-related area is usually necessary to take on this role. A degree in law or logistics can also be helpful. This is a position you rise to through years of experience working in risk mitigation. Acquiring a certification in risk management might speed your career advancement. Salaries average around $167,593 for this position, so your investments and efforts will pay off handsomely.
Avg. Salary $145,350
Avg. Salary $59,228
Growth rate 10%
Growth rate 0.3%
American Indian and Alaska Native 0.34%
Asian 10.00%
Black or African American 8.57%
Hispanic or Latino 9.58%
Unknown 3.87%
White 67.65%
Genderfemale 29.08%
male 70.92%
Age - 43American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 43Stress level is manageable
7.1 - high
Complexity level is challenging
7 - challenging
Work life balance is poor
6.4 - fair
| Skills | Percentages |
|---|---|
| Risk Management | 14.51% |
| Client Facing | 10.59% |
| Litigation | 6.85% |
| Continuous Improvement | 4.54% |
| Global Product | 3.22% |
When your background is strong enough, you can start writing your global risk management director resume.
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The average global risk management director salary in the United States is $145,350 per year or $70 per hour. Global risk management director salaries range between $105,000 and $200,000 per year.
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