Home > Salary > Colombia > Risk Management Consultant
A risk management consultant is responsible for identifying, assessing, and mitigating potential risks that may impact an organization's operations, financial stability, or reputation. They analyze data, conduct risk assessments, and develop strategies to minimize potential threats. Additionally, they provide guidance and recommendations to senior management on risk management policies, procedures, and best practices.
Risk management consultants work closely with various departments within an organization, such as finance, legal, and compliance, to ensure that appropriate risk management measures are implemented. They also collaborate with external stakeholders, such as insurance providers and regulatory agencies, to stay updated on industry standards and regulations.
Estimated Yearly Salary: 44,724,927 COP
Estimated Monthly Salary: 3,727,077 COP
Estimated Weekly Salary: 860,095 COP per week
Estimated Hourly Salary: 21,502 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,602,502 COP
Estimated Weekly Salary: 831,347 COP per week
Estimated Hourly Salary: 20,784 COP per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 9,878 USD
Estimated Monthly Salary: 823 USD
Estimated Weekly Salary: 190 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 44,724,927 COP
Estimated Monthly Salary: 3,727,077 COP
Estimated Weekly Salary: 860,095 COP per week
Estimated Hourly Salary: 21,502 COP per hour
By working as Risk Management Consultant a person can save up to 563 USD per month or 6,753 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 Risk Management Consultant
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Secretary of the board (35,361,435 COP per year, pre-tax.)
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Risk Management Consultant salary in Colombia
Average Yearly Salary of Risk Management Consultant in Colombia is approximately 44,724,927 COP (9,878 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 Risk Management Consultant do?
A risk management consultant is responsible for identifying, assessing, and mitigating potential risks that may impact an organization's operations, financial stability, or reputation. They analyze data, conduct risk assessments, and develop strategies to minimize potential threats. Additionally, they provide guidance and recommendations to senior management on risk management policies, procedures, and best practices.
Risk management consultants work closely with various departments within an organization, such as finance, legal, and compliance, to ensure that appropriate risk management measures are implemented. They also collaborate with external stakeholders, such as insurance providers and regulatory agencies, to stay updated on industry standards and regulations.
Skills: Risk management, Consultant, Risk assessment, Mitigation strategies, Policy development, Compliance.
Job industry: Consulting
Job industry: Consulting
How much does Risk Management Consultant make?
Salary details
How much does Risk Management Consultant make?Estimated Yearly Salary: 44,724,927 COP
Estimated Monthly Salary: 3,727,077 COP
Estimated Weekly Salary: 860,095 COP per week
Estimated Hourly Salary: 21,502 COP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 43,230,027 COPEstimated Monthly Salary: 3,602,502 COP
Estimated Weekly Salary: 831,347 COP per week
Estimated Hourly Salary: 20,784 COP per hour
Last revision of data: 2024-01-08Risk Management Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,878 USD
Estimated Monthly Salary: 823 USD
Estimated Weekly Salary: 190 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
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 Risk Management Consultant job salary compared to average salary in Colombia.
Comparison shows that a person working as Risk Management Consultant in Colombia earns on average:
1.66 times the average salary (or 166% 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 Risk Management Consultant job salary compared to average salary in Colombia.
Comparison shows that a person working as Risk Management Consultant in Colombia earns on average:
1.66 times the average salary (or 166% of average salary).
Is Risk Management Consultant a well paid job?
Yes, our data shows that Risk Management Consultant is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Risk Management Consultant?
High salary for Risk Management Consultant would be somewhere between 49,197,420 COP and 64,851,144 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Risk Management Consultant 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: 44,724,927 COP
Estimated Monthly Salary: 3,727,077 COP
Estimated Weekly Salary: 860,095 COP per week
Estimated Hourly Salary: 21,502 COP per hour
By working as Risk Management Consultant a person can save up to 563 USD per month or 6,753 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 Risk Management Consultant
Ecuador is 9,626 USD
Brazil is 12,377 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 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.)
Data as of 2025Random salary:
Secretary of the board (35,361,435 COP per year, pre-tax.)
Paid search analyst (29,781,287 COP per year, pre-tax.)
Public relations (pr), director (45,279,180 COP per year, pre-tax.)
Academic supervisor (24,572,398 COP per year, pre-tax.)
Network deployment engineer (39,619,800 COP per year, pre-tax.)
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