Risk control director vs risk manager

The differences between risk control directors and risk managers 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 manager takes usually requires 6-8 years. Additionally, a risk control director has an average salary of $129,635, which is higher than the $116,072 average annual salary of a risk manager.

The top three skills for a risk control director include oversight, governance and risk assessments. The most important skills for a risk manager are oversight, risk assessments, and project management.

Risk control director vs risk manager overview

	Risk Control Director	Risk Manager
Yearly salary	$129,635	$116,072
Hourly rate	$62.32	$55.80
Growth rate	4%	17%
Number of jobs	49,145	75,795
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 66%
Average age	42	46
Years of experience	2	8

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 manager do?

A risk manager is responsible for analyzing potential risks that may affect the organization's operations, reputation, and market credibility. Risk managers identify risk controls and discuss business contingency plans for unforeseen circumstances to prevent delays in operational services. They also develop compliance training and programs for all the employees to provide them the awareness of the safety and security regulations within the company premises. A risk manager must have excellent communication and leadership skills, especially on handling and investigating cases that might compromise the business stability and financial status.

Risk control director vs risk manager salary

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

	Risk Control Director	Risk Manager
Average salary	$129,635	$116,072
Salary range	Between $91,000 And $183,000	Between $84,000 And $160,000
Highest paying City	San Francisco, CA	San Francisco, CA
Highest paying state	Louisiana	California
Best paying company	First Republic Bank	Credit Karma
Best paying industry	Professional	Technology

Differences between risk control director and risk manager education

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

	Risk Control Director	Risk Manager
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Risk control director vs risk manager demographics

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

	Risk Control Director	Risk Manager
Average age	42	46
Gender ratio	Male, 69.4% Female, 30.6%	Male, 59.3% Female, 40.7%
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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.5% American Indian and Alaska Native, 0.3%
LGBT Percentage	4%	11%

Differences between risk control director and risk manager 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 manager example responsibilities.

Lead team in addressing Sarbanes-Oxley, HIPAA, and SAS70 compliance and control mandates.
Develop procedures and policies to manage site implementation of successful JD Edwards ERP system.
Direct staff, manage A/R and reconciliations, petty cash disbursements and tracking of all incoming claims and payments.
Manage the loan loss receivables SAS data mart, document change initiatives, implement SAS coding changes and process ongoing updates.
Manage accounting procedures and general ledger reconciliations.
Lead SOX project planning and implementation, successfully implement the corporate governance policies and internal control framework.

Show more

Risk control director vs risk manager skills

Common risk control director skills

Oversight, 11%
Governance, 7%
Risk Assessments, 7%
Internal Audit, 6%
Project Management, 6%
CPA, 5%

Common risk manager skills

Oversight, 10%
Risk Assessments, 6%
Project Management, 6%
Portfolio, 5%
Strong Analytical, 4%
Operational Risk, 4%

Risk Control Director vs. similar jobs

Risk Control Director related careers

Risk Control Director related jobs

What similar roles do

Updated January 8, 2025

Browse architecture and engineering jobs

A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z