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The differences between risk management directors and global risk management directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a risk management director and a global risk management director. Additionally, a global risk management director has an average salary of $145,350, which is higher than the $133,286 average annual salary of a risk management director.
The top three skills for a risk management director include oversight, risk assessments and governance. The most important skills for a global risk management director are risk management, client facing, and litigation.
| Risk Management Director | Global Risk Management Director | |
| Yearly salary | $133,286 | $145,350 |
| Hourly rate | $64.08 | $69.88 |
| Growth rate | 17% | 10% |
| Number of jobs | 80,337 | 89,985 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 68% |
| Average age | 43 | 43 |
| Years of experience | 6 | 6 |
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.
A global risk management director is responsible for the development and administration of risk management programs. They organize and develop programs that cut across their whole organization for risk-free services. Additionally, they promote a proper understanding of risks and risk management strategies in their organization. They are required to investigate any incident that may result in an asset loss. They report to top management.
Risk management directors and global risk management directors have different pay scales, as shown below.
| Risk Management Director | Global Risk Management Director | |
| Average salary | $133,286 | $145,350 |
| Salary range | Between $95,000 And $185,000 | Between $105,000 And $200,000 |
| Highest paying City | Washington, DC | Providence, RI |
| Highest paying state | Vermont | Rhode Island |
| Best paying company | Conning | Barclays |
| Best paying industry | Hospitality | Start-up |
There are a few differences between a risk management director and a global risk management director in terms of educational background:
| Risk Management Director | Global Risk Management Director | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between risk management directors' and global risk management directors' demographics:
| Risk Management Director | Global Risk Management Director | |
| Average age | 43 | 43 |
| Gender ratio | Male, 59.4% Female, 40.6% | Male, 70.9% Female, 29.1% |
| Race ratio | 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% | 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 Percentage | 4% | 4% |