Risk management consultant vs program consultant

The differences between risk management consultants and program consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a risk management consultant and a program consultant. Additionally, a risk management consultant has an average salary of $91,520, which is higher than the $73,021 average annual salary of a program consultant.

The top three skills for a risk management consultant include project management, infrastructure and risk assessments. The most important skills for a program consultant are powerpoint, project management, and data collection.

Risk management consultant vs program consultant overview

	Risk Management Consultant	Program Consultant
Yearly salary	$91,520	$73,021
Hourly rate	$44.00	$35.11
Growth rate	11%	11%
Number of jobs	122,293	116,982
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 63%
Average age	44	44
Years of experience	4	4

What does a risk management consultant do?

A Risk Management Consultant is responsible for identifying potential risks that may affect the company's performance and strategize techniques to mitigate risks. Risk management consultants evaluate the operational processes and ensure adherence to business requirements and regulations. They also identify opportunities that would increase the company's brand image to the market and generate more revenue resources to improve profitability. A Risk Management Consultant facilitates training programs and activities for the employees and implements policies to prevent operational delays and process failures.

What does a program consultant do?

A program consultant is responsible for evaluating program management plans and procedures to ensure that it adheres to the internal guidelines and specifications of business requirements. Program consultants advise the management team on the techniques and program flow according to the budget limitations and themes. They also assist the marketing and public relations team with marketing promotions and media announcements for the audience's awareness. A program consultant must be highly communicative and organizational, especially on resolving discrepancies and coordinating with suppliers for the program's needs.

Risk management consultant vs program consultant salary

Risk management consultants and program consultants have different pay scales, as shown below.

	Risk Management Consultant	Program Consultant
Average salary	$91,520	$73,021
Salary range	Between $68,000 And $123,000	Between $46,000 And $114,000
Highest paying City	Jersey City, NJ	Woodbridge, NJ
Highest paying state	New Jersey	New Jersey
Best paying company	Riskmetrics Group Holdings LLC	DocuSign
Best paying industry	Insurance	-

Differences between risk management consultant and program consultant education

There are a few differences between a risk management consultant and a program consultant in terms of educational background:

	Risk Management Consultant	Program Consultant
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 63%
Most common major	Business	Business
Most common college	Northwestern University	Northwestern University

Risk management consultant vs program consultant demographics

Here are the differences between risk management consultants' and program consultants' demographics:

	Risk Management Consultant	Program Consultant
Average age	44	44
Gender ratio	Male, 66.1% Female, 33.9%	Male, 46.6% Female, 53.4%
Race ratio	Black or African American, 7.8% Unknown, 4.5% Hispanic or Latino, 8.7% Asian, 14.4% White, 64.5% American Indian and Alaska Native, 0.2%	Black or African American, 8.2% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 11.7% White, 66.4% American Indian and Alaska Native, 0.2%
LGBT Percentage	12%	12%

Differences between risk management consultant and program consultant duties and responsibilities

Risk management consultant example responsibilities.

Lead clients in establishing information security policies and procedures to establish SOX compliance.
Analyze and manage implementation of operational and organizational structures and technology architectures in addition to ERP package selection.
Manage a team responsible for designing service-orient application architecture, standards and best practices guidelines, security and data access frameworks.
Conduct data-mining training sessions using SAS for managers and support personnel at major financial institutions.
Correct audit deficiencies to be GAAP compliant.
Develop accurate and reliable financial reports that comply with GAAP.

Program consultant example responsibilities.

Manage all stages of requisition activity through the use of VMS technology.
Project manage large teams of technology projects for PMO, including infrastructure and new application development.
Manage vendor on-boarding process from inception through conclusion using establish MSP and client global services processes and requirements.
Manage several SDLC phases for enterprise systems used by state government agencies to perform environmental and environmental management.
Conduct statistical analysis using SPSS and STATA to benchmark clinic performance.
Train users in the use of the CMS.

Risk management consultant vs program consultant skills

Common risk management consultant skills

Project Management, 9%
Infrastructure, 8%
Risk Assessments, 6%
NIST, 5%
Internal Controls, 5%
Healthcare, 5%

Common program consultant skills

PowerPoint, 13%
Project Management, 10%
Data Collection, 7%
Data Analysis, 7%
Technical Assistance, 6%
Professional Development, 5%

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Risk Management Consultant
Risk Management Consultant vs Program Consultant

Updated January 8, 2025

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