This role has a high level of AI exposure. While some human skills are required, many tasks could be automated or replaced by new technology.
Explore all careersA Senior Risk Manager evaluates and improves risk management systems, identifies shortcomings, and ensures compliance within an organisation.
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In Australia, a full time Senior Risk Manager generally earns upwards of $2,000 per week ($104,000 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only.
There are no clear figures for Senior Risk Managers working in Australia at this time. Senior Risk Managers are usually employed by larger businesses and corporations (particularly in financial services and insurance), but they also work as independent consultants.
Source: Australian Government Labour Market Insights
Senior Risk Managers need advanced skills in risk management and financial services. Try the Advanced Diploma of Integrated Risk Management or the Executive Certificate in Resilience Policy. These courses take 12-18 months to complete. Senior Risk Managers are usually degree qualified.
Senior Risk Managers oversee an organisation’s risk management function and work with the executive committee to improve business efficiencies and compliance. They evaluate their organisation’s systems, structures and operations — then identify risks and shortcomings.
As a Senior Risk Manager you could be discussing current workflow systems with the General Manager, reporting the impact of an impending change to legislation, overseeing the development of a set of procedure manuals, or investigating the cause of a security incident that shut down production.