Home > Salary > Colombia > Director Risk Management Risk Control
The occupation of a Director of Risk Management and Risk Control involves overseeing an organization's risk management strategies and ensuring the implementation of effective risk control measures. This role requires analyzing potential risks, developing risk management policies, and monitoring compliance with regulatory requirements. The director collaborates with various departments to identify and mitigate risks, conducts risk assessments, and designs risk management frameworks. They also provide guidance on insurance coverage, develop crisis management plans, and lead the response to crises or incidents. Additionally, the director communicates risk management strategies to stakeholders and advises senior management on risk-related matters.
Estimated Yearly Salary: 71,135,020 COP
Estimated Monthly Salary: 5,927,918 COP
Estimated Weekly Salary: 1,367,981 COP per week
Estimated Hourly Salary: 34,200 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,710,825 COP
Estimated Weekly Salary: 1,317,883 COP per week
Estimated Hourly Salary: 32,947 COP per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 15,774 USD
Estimated Monthly Salary: 1,315 USD
Estimated Weekly Salary: 303 USD per week
Estimated Hourly Salary: 8 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.
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Estimated Yearly Salary: 71,135,020 COP
Estimated Monthly Salary: 5,927,918 COP
Estimated Weekly Salary: 1,367,981 COP per week
Estimated Hourly Salary: 34,200 COP per hour
By working as Director Risk Management Risk Control a person can save up to 1,054 USD per month or 12,649 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 Colombia, see costs of living in Colombia.
Estimated Yearly Salary for Director Risk Management Risk Control
Last revision of data: 2025-01-04
Data as of 2025
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Director Risk Management Risk Control salary in Colombia
Average Yearly Salary of Director Risk Management Risk Control in Colombia is approximately 71,135,020 COP (15,774 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 Director Risk Management Risk Control do?

Skills: Risk Management, Risk Control, Risk Assessment, Compliance, Crisis Management, Insurance Coverage
Job industry: Insurance
Job industry: Insurance
How much does Director Risk Management Risk Control make?
Salary details
How much does Director Risk Management Risk Control make?Estimated Yearly Salary: 71,135,020 COP
Estimated Monthly Salary: 5,927,918 COP
Estimated Weekly Salary: 1,367,981 COP per week
Estimated Hourly Salary: 34,200 COP per hour
Comparing salary to last year:
Estimated Yearly Salary: 68,529,905 COPEstimated Monthly Salary: 5,710,825 COP
Estimated Weekly Salary: 1,317,883 COP per week
Estimated Hourly Salary: 32,947 COP per hour
Director Risk Management Risk Control estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 15,774 USD
Estimated Monthly Salary: 1,315 USD
Estimated Weekly Salary: 303 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
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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Country:
Salary comparison to National average
Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Director Risk Management Risk Control job salary compared to average salary in Colombia.
Comparison shows that a person working as Director Risk Management Risk Control in Colombia earns on average:
2.64 times the average salary (or 264% of average salary).
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Director Risk Management Risk Control job salary compared to average salary in Colombia.
Comparison shows that a person working as Director Risk Management Risk Control in Colombia earns on average:
2.64 times the average salary (or 264% of average salary).
Is Director Risk Management Risk Control a well paid job?
Yes, our data show that Director Risk Management Risk Control 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 Director Risk Management Risk Control?
High salary for Director Risk Management Risk Control would be somewhere between 78,248,522 COP and 103,145,779 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Director Risk Management Risk Control in Colombia?
Living in Colombia the approximate monthly expenses are: 260 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: 71,135,020 COP
Estimated Monthly Salary: 5,927,918 COP
Estimated Weekly Salary: 1,367,981 COP per week
Estimated Hourly Salary: 34,200 COP per hour
By working as Director Risk Management Risk Control a person can save up to 1,054 USD per month or 12,649 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 Colombia, see costs of living in Colombia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Director Risk Management Risk Control
Salary 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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Colombia
(306,660,307 COP per year, pre-tax.)
2. Cardiologist
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(238,795,833 COP per year, pre-tax.)
5. Neurosurgeon
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
8. Oncologist
(233,538,023 COP per year, pre-tax.)
(232,715,450 COP per year, pre-tax.)
(232,262,612 COP per year, pre-tax.)
Random salary:
Truancy officer (18,058,680 COP per year, pre-tax.)
Home health agency administrator (33,577,737 COP per year, pre-tax.)
Lease administrator (26,951,400 COP per year, pre-tax.)
Behavioral health director (47,395,526 COP per year, pre-tax.)
It business development manager (35,008,055 COP per year, pre-tax.)
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