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Risk control director vs risk management director

The differences between risk control directors and risk management directors 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 risk management director takes usually requires 4-6 years. Additionally, a risk management director has an average salary of $133,286, 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 risk management director are oversight, risk assessments, and governance.

Risk control director vs risk management director overview

Risk Control DirectorRisk Management Director
Yearly salary$129,635$133,286
Hourly rate$62.32$64.08
Growth rate4%17%
Number of jobs49,14580,337
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 61%
Average age4243
Years of experience26

What does a risk control director do?

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.

What does a risk management director do?

A risk management director is responsible for ensuring the safety and security of all the people, assets, and processes across the organization. Risk management directors facilitate risk management programs to mitigate company risks that may affect the organization's reputation and stability. They coordinate with upper management to identify a strategic approach and strengthen risk management policies. A risk management director must have excellent communication and organizational skills, especially in writing and investigating incident reports and resolving internal escalations immediately and efficiently.

Risk control director vs risk management director salary

Risk control directors and risk management directors have different pay scales, as shown below.

Risk Control DirectorRisk Management Director
Average salary$129,635$133,286
Salary rangeBetween $91,000 And $183,000Between $95,000 And $185,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateLouisianaVermont
Best paying companyFirst Republic BankConning
Best paying industryProfessionalHospitality

Differences between risk control director and risk management director education

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

Risk Control DirectorRisk Management Director
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Risk control director vs risk management director demographics

Here are the differences between risk control directors' and risk management directors' demographics:

Risk Control DirectorRisk Management Director
Average age4243
Gender ratioMale, 69.4% Female, 30.6%Male, 59.4% Female, 40.6%
Race ratioBlack 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, 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 risk control director and risk management director duties and responsibilities

Risk control director example responsibilities.

  • Create database to manage, validate and mitigate network rights and access to DoD systems/devices.
  • Develop and implement key processes for managing and measuring work including OLA, SLA, KPI, and CSF.
  • Conduct planning sessions and manage the successful implementation of hardware and software changes to the QA and production environments.
  • Manage accounting procedures and general ledger reconciliations.
  • Eliminate Sarbanes-Oxley (SOX) valuation deficiencies and design quarterly tests for compliance team.
  • Provide project management and oversight for strategic planning, budgeting and expense reduction.
  • Show more

Risk management director example responsibilities.

  • Manage budget process and ensure a positive ROI.
  • Manage all Sarbanes-Oxley, financial, internal and ad-hoc audit activities.
  • Manage Fujitsu-Siemens relationship for the Americas.
  • Enhance CRM analytics for managing consumer interactions during multi-channel service transactions.
  • Manage an establish insurance program, including super vision and oversight of safety management programs.
  • Manage customer expectations and assist customers and partners in understanding the required project steps and deliverables for a successful CRM implementation.
  • Show more

Risk control director vs risk management director skills

Common risk control director skills
  • Oversight, 11%
  • Governance, 7%
  • Risk Assessments, 7%
  • Internal Audit, 6%
  • Project Management, 6%
  • CPA, 5%
Common risk management director skills
  • Oversight, 11%
  • Risk Assessments, 8%
  • Governance, 8%
  • Risk Management, 7%
  • Project Management, 5%
  • Patient Safety, 4%

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