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Global risk management director vs market risk specialist

The differences between global risk management directors and market risk specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a global risk management director and a market risk specialist. Additionally, a global risk management director has an average salary of $145,350, which is higher than the $87,735 average annual salary of a market risk specialist.

The top three skills for a global risk management director include risk management, client facing and litigation. The most important skills for a market risk specialist are risk management, derivative, and VAR.

Global risk management director vs market risk specialist overview

Global Risk Management DirectorMarket Risk Specialist
Yearly salary$145,350$87,735
Hourly rate$69.88$42.18
Growth rate10%19%
Number of jobs89,98524,320
Job satisfaction--
Most common degreeBachelor's Degree, 68%Master's Degree, 60%
Average age4343
Years of experience66

Global risk management director vs market risk specialist salary

Global risk management directors and market risk specialists have different pay scales, as shown below.

Global Risk Management DirectorMarket Risk Specialist
Average salary$145,350$87,735
Salary rangeBetween $105,000 And $200,000Between $56,000 And $135,000
Highest paying CityProvidence, RIJersey City, NJ
Highest paying stateRhode IslandRhode Island
Best paying companyBarclaysFederal Reserve
Best paying industryStart-up-

Differences between global risk management director and market risk specialist education

There are a few differences between a global risk management director and a market risk specialist in terms of educational background:

Global Risk Management DirectorMarket Risk Specialist
Most common degreeBachelor's Degree, 68%Master's Degree, 60%
Most common majorBusinessFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Global risk management director vs market risk specialist demographics

Here are the differences between global risk management directors' and market risk specialists' demographics:

Global Risk Management DirectorMarket Risk Specialist
Average age4343
Gender ratioMale, 70.9% Female, 29.1%Male, 80.0% Female, 20.0%
Race ratioBlack or African American, 8.6% Unknown, 3.9% Hispanic or Latino, 9.6% Asian, 10.0% White, 67.6% American Indian and Alaska Native, 0.3%Black or African American, 8.6% Unknown, 3.9% Hispanic or Latino, 9.6% Asian, 10.0% White, 67.6% American Indian and Alaska Native, 0.3%
LGBT Percentage4%4%

Differences between global risk management director and market risk specialist duties and responsibilities

Global risk management director example responsibilities.

  • Manage customer expectations and assist customers and partners in understanding the required project steps and deliverables for a successful CRM implementation.
  • Develop and implement action plans to abate regulatory, operational and litigation risk to the firm while streamlining for greater efficiency.
  • Establish PMO centered on implementing lean concepts to generate savings programs at each facility and provide leadership to institutionalize the process.

Market risk specialist example responsibilities.

  • Used VBA to automate manual procedures to eliminate inefficient processes and save several man-hours per week.
  • Communicate with third party administrators and insurance carriers to include claims investigation, litigation management and settlement negotiations reducing claim exposure.
  • Monitor and assess the level and direction of price risk from derivatives trading at large banks.
  • Monitor wire and ACH activity to ensure validity of customer request to prevent fraudulent activity

Global risk management director vs market risk specialist skills

Common global risk management director skills
  • Risk Management, 15%
  • Client Facing, 11%
  • Litigation, 7%
  • Continuous Improvement, 5%
  • Global Product, 3%
  • Strategic Vision, 3%
Common market risk specialist skills
  • Risk Management, 49%
  • Derivative, 18%
  • VAR, 16%
  • Credit Risk, 7%
  • Liability Management, 5%
  • Foreign Exchange, 2%

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