Risk Management Director Salary in Maryland
Risk Management Director Salary in Maryland
How much does a Risk Management Director make in Maryland? The average Risk Management Director salary in Maryland is $192,714 as of March 26, 2024, but the range typically falls between $167,540 and $221,035. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Risk Management Director Salary | $144,621 | MD | March 26, 2024 |
| 25th Percentile Risk Management Director Salary | $167,540 | MD | March 26, 2024 |
| 50th Percentile Risk Management Director Salary | $192,714 | MD | March 26, 2024 |
| 75th Percentile Risk Management Director Salary | $221,035 | MD | March 26, 2024 |
| 90th Percentile Risk Management Director Salary | $246,819 | MD | March 26, 2024 |
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Job Description for Risk Management Director
Risk Management Director directs and administers an organization's risk-management programs. Develops strategies, controls, and measures to monitor and mitigate the risk exposure of assets. Being a Risk Management Director monitors the effectiveness of procedures to identify points of improvement. Oversees the building of financial models to predict the risk exposure of an organization's assets. Additionally, Risk Management Director reviews risk analysis reports to ensure risks are identified and managed effectively. Promotes organization-wide understanding of risks and risk management strategies. Requires a bachelor's degree. Typically reports to senior management. The Risk Management Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Risk Management Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description
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| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Dundalk, MD | Avg. Salary $192,154 | Date Updated March 26, 2024 |
| Location Abell, MD | Avg. Salary $207,107 | Date Updated March 26, 2024 |
| Location Aberdeen, MD | Avg. Salary $188,228 | Date Updated March 26, 2024 |
| Location Aberdeen Proving Ground, MD | Avg. Salary $189,350 | Date Updated March 26, 2024 |
| Location Abingdon, MD | Avg. Salary $188,415 | Date Updated March 26, 2024 |
| Location Accident, MD | Avg. Salary $167,293 | Date Updated March 26, 2024 |
| Location Accokeek, MD | Avg. Salary $207,668 | Date Updated March 26, 2024 |
| Location Adamstown, MD | Avg. Salary $203,182 | Date Updated March 26, 2024 |
| Location Allen, MD | Avg. Salary $198,696 | Date Updated March 26, 2024 |
| Location Andrews Air Force Base, MD | Avg. Salary $208,042 | Date Updated March 26, 2024 |
Career Path for Risk Management Director
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Risk Management Director, the upper level is Vice President of Risk Management and then progresses to Chief Risk Officer.
What does a Risk Management Director do?
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About Maryland
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Level of Education for Risk Management Director
Jobs with different levels of education may pay very differently. Check the Risk Management Director salary of your education level.
- Risk Management Director Salaries with No Diploma
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Risk Management Director Salary by Global Country
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About Maryland Maryland (US: /ˈmɛrələnd/ (listen) MERR-əl-ənd) is a state in the Mid-Atlantic region of the United States, bordering Virginia, West Virginia, and the....More
Skills associated with Risk Management Director: Compliance Monitoring, Financial Risk Management, Market Research, Statistical Analysis ...More
Jobs with a similar salary range to Risk Management Director : Director, Risk Analytics
