Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between risk management specialists 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 specialist and a global risk management director. Additionally, a global risk management director has an average salary of $145,350, which is higher than the $69,819 average annual salary of a risk management specialist.
The top three skills for a risk management specialist include risk assessments, powerpoint and patient safety. The most important skills for a global risk management director are risk management, client facing, and litigation.
| Risk Management Specialist | Global Risk Management Director | |
| Yearly salary | $69,819 | $145,350 |
| Hourly rate | $33.57 | $69.88 |
| Growth rate | 17% | 10% |
| Number of jobs | 101,149 | 89,985 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 68% |
| Average age | 43 | 43 |
| Years of experience | 6 | 6 |
A risk management specialist is in charge of performing extensive research and analysis to determine the financial risks that a company may face. Through their expertise, a risk management analyst develops strategies to thwart these risks or lessen its impact and prevent significant financial losses. They may also devise programs and projects, providing support to employees as needed. Furthermore, they must recommend solutions in adherence to the company's policies and regulations, including its vision and mission.
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 specialists and global risk management directors have different pay scales, as shown below.
| Risk Management Specialist | Global Risk Management Director | |
| Average salary | $69,819 | $145,350 |
| Salary range | Between $40,000 And $119,000 | Between $105,000 And $200,000 |
| Highest paying City | Hoboken, NJ | Providence, RI |
| Highest paying state | New Jersey | Rhode Island |
| Best paying company | PayPal | Barclays |
| Best paying industry | Professional | Start-up |
There are a few differences between a risk management specialist and a global risk management director in terms of educational background:
| Risk Management Specialist | Global Risk Management Director | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between risk management specialists' and global risk management directors' demographics:
| Risk Management Specialist | Global Risk Management Director | |
| Average age | 43 | 43 |
| Gender ratio | Male, 43.6% Female, 56.4% | 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% |