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The differences between risk control directors and corporate vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a risk control director, becoming a corporate vice president takes usually requires More than 10 years. Additionally, a corporate vice president has an average salary of $165,788, which is higher than the $129,635 average annual salary of a risk control director.
The top three skills for a risk control director include oversight, governance and risk assessments. The most important skills for a corporate vice president are risk management, portfolio, and oversight.
| Risk Control Director | Corporate Vice President | |
| Yearly salary | $129,635 | $165,788 |
| Hourly rate | $62.32 | $79.71 |
| Growth rate | 4% | 6% |
| Number of jobs | 49,145 | 69,051 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 72% |
| Average age | 42 | 52 |
| Years of experience | 2 | - |
A risk control director will be responsible for promoting risk reduction and creating a risk awareness environment within the company. As a risk control director, you will be performing a variety of tasks that include evaluating possible risks and exposures, developing effective strategies and procedures to reduce those risks, and evaluating which insurance policies meet the needs of the company. You will monitor internal investigations into incidents exposing the organization to possible risks. Also, you will conduct compliance and policy audits, and review new contracts and business proposals.
A corporate vice president is an executive professional who is vital in managing staff and supervising departmental operations of a corporation. Corporate vice presidents must assist the president and the board of directors in designing the overall mission, values, and strategic goals of the corporation. As determined by the business's strategic goals, vice presidents must contribute to sales innovations, strategic business development, and the profitability of the corporation. Corporate vice presidents must also attend meetings with the board of directors to share information about competitors and expansion opportunities.
Risk control directors and corporate vice presidents have different pay scales, as shown below.
| Risk Control Director | Corporate Vice President | |
| Average salary | $129,635 | $165,788 |
| Salary range | Between $91,000 And $183,000 | Between $113,000 And $242,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | Louisiana | Nevada |
| Best paying company | First Republic Bank | Brookfield Properties |
| Best paying industry | Professional | Hospitality |
There are a few differences between a risk control director and a corporate vice president in terms of educational background:
| Risk Control Director | Corporate Vice President | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between risk control directors' and corporate vice presidents' demographics:
| Risk Control Director | Corporate Vice President | |
| Average age | 42 | 52 |
| Gender ratio | Male, 69.4% Female, 30.6% | Male, 73.8% Female, 26.2% |
| Race ratio | Black or African American, 4.9% Unknown, 4.0% Hispanic or Latino, 12.1% Asian, 10.4% White, 68.4% American Indian and Alaska Native, 0.2% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 4% | 12% |