Home > Salary > Australia > Senior Risk Manager
A senior risk manager is responsible for identifying, assessing, and mitigating potential risks that could impact an organization's operations, reputation, or financial stability. They develop and implement risk management strategies and policies to ensure the organization is adequately prepared for potential threats. This includes conducting risk assessments, analyzing data, and collaborating with various departments to create risk mitigation plans. Senior risk managers also stay updated on industry trends and regulatory requirements to ensure compliance and minimize potential liabilities. They provide guidance and support to junior risk management staff and work closely with executives to communicate risk-related information and make informed decisions. Strong analytical skills, attention to detail, and the ability to think critically are essential for this role.
Estimated Yearly Salary: 284,479 AUD
Estimated Monthly Salary: 23,707 AUD
Estimated Weekly Salary: 5,471 AUD per week
Estimated Hourly Salary: 137 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 22,835 AUD
Estimated Weekly Salary: 5,270 AUD per week
Estimated Hourly Salary: 132 AUD per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 141,925 USD
Estimated Monthly Salary: 11,827 USD
Estimated Weekly Salary: 2,729 USD per week
Estimated Hourly Salary: 68 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 284,479 AUD
Estimated Monthly Salary: 23,707 AUD
Estimated Weekly Salary: 5,471 AUD per week
Estimated Hourly Salary: 137 AUD per hour
By working as Senior Risk Manager a person can save up to 9,410 USD per month or 112,919 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Estimated Yearly Salary for Senior Risk Manager
Last revision of data: 2025-01-04
Data as of 2025
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Senior Risk Manager salary in Australia
Average Yearly Salary of Senior Risk Manager in Australia is approximately 284,479 AUD (141,925 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Senior Risk Manager do?
A senior risk manager is responsible for identifying, assessing, and mitigating potential risks that could impact an organization's operations, reputation, or financial stability. They develop and implement risk management strategies and policies to ensure the organization is adequately prepared for potential threats. This includes conducting risk assessments, analyzing data, and collaborating with various departments to create risk mitigation plans. Senior risk managers also stay updated on industry trends and regulatory requirements to ensure compliance and minimize potential liabilities. They provide guidance and support to junior risk management staff and work closely with executives to communicate risk-related information and make informed decisions. Strong analytical skills, attention to detail, and the ability to think critically are essential for this role.
Skills: senior risk manager, risk assessment, risk mitigation, regulatory compliance, strategic planning, data analysis
Job industry: Finance
Job industry: Finance
How much does Senior Risk Manager make?
Salary details
How much does Senior Risk Manager make?Estimated Yearly Salary: 284,479 AUD
Estimated Monthly Salary: 23,707 AUD
Estimated Weekly Salary: 5,471 AUD per week
Estimated Hourly Salary: 137 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 274,014 AUDEstimated Monthly Salary: 22,835 AUD
Estimated Weekly Salary: 5,270 AUD per week
Estimated Hourly Salary: 132 AUD per hour
Last revision of data: 2024-01-06Senior Risk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 141,925 USD
Estimated Monthly Salary: 11,827 USD
Estimated Weekly Salary: 2,729 USD per week
Estimated Hourly Salary: 68 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Senior Risk Manager job salary compared to average salary in Australia.
Comparison shows that a person working as Senior Risk Manager in Australia earns on average:
3.38 times the average salary (or 338% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Senior Risk Manager job salary compared to average salary in Australia.
Comparison shows that a person working as Senior Risk Manager in Australia earns on average:
3.38 times the average salary (or 338% of average salary).
Is Senior Risk Manager a well paid job?
Yes, our data show that Senior Risk Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Senior Risk Manager?
High salary for Senior Risk Manager would be somewhere between 312,927 AUD and 412,495 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Risk Manager in Australia?
Living in Australia the approximate monthly expenses are: 2,417 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 284,479 AUD
Estimated Monthly Salary: 23,707 AUD
Estimated Weekly Salary: 5,471 AUD per week
Estimated Hourly Salary: 137 AUD per hour
By working as Senior Risk Manager a person can save up to 9,410 USD per month or 112,919 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Senior Risk Manager
Indonesia is 24,763 USD
East Timor is 105,400 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Australia
(1,263,730 AUD per year, pre-tax.)
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Data as of 2025Random salary:
Manager financial planning analysis (238,444 AUD per year, pre-tax.)
Associate director quality assurance (298,212 AUD per year, pre-tax.)
Audiology supervisor (130,477 AUD per year, pre-tax.)
Facility cleaner (37,038 AUD per year, pre-tax.)
Logistics planning manager (99,670 AUD per year, pre-tax.)
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