Home > Salary > Ethiopia > 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: 270,969 ETB
Estimated Monthly Salary: 22,581 ETB
Estimated Weekly Salary: 5,211 ETB per week
Estimated Hourly Salary: 130 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 21,765 ETB
Estimated Weekly Salary: 5,023 ETB per week
Estimated Hourly Salary: 126 ETB per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 4,509 USD
Estimated Monthly Salary: 376 USD
Estimated Weekly Salary: 87 USD per week
Estimated Hourly Salary: 2 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: 270,969 ETB
Estimated Monthly Salary: 22,581 ETB
Estimated Weekly Salary: 5,211 ETB per week
Estimated Hourly Salary: 130 ETB per hour
By working as Senior Risk Manager a person can save up to 299 USD per month or 3,587 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 Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Senior Risk Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Noc engineer (96,697 ETB per year, pre-tax.)
Stress engineer (205,149 ETB per year, pre-tax.)
Senior principal process engineer (293,638 ETB per year, pre-tax.)
Construction engineering supervisor (155,028 ETB per year, pre-tax.)
Director housing community development (119,957 ETB per year, pre-tax.)
Senior Risk Manager salary in Ethiopia
Average Yearly Salary of Senior Risk Manager in Ethiopia is approximately 270,969 ETB (4,509 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: 270,969 ETB
Estimated Monthly Salary: 22,581 ETB
Estimated Weekly Salary: 5,211 ETB per week
Estimated Hourly Salary: 130 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 261,180 ETBEstimated Monthly Salary: 21,765 ETB
Estimated Weekly Salary: 5,023 ETB per week
Estimated Hourly Salary: 126 ETB per hour
Last revision of data: 2024-01-07Senior Risk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,509 USD
Estimated Monthly Salary: 376 USD
Estimated Weekly Salary: 87 USD per week
Estimated Hourly Salary: 2 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Senior Risk Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Senior Risk Manager in Ethiopia earns on average:
2.58 times the average salary (or 258% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Senior Risk Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Senior Risk Manager in Ethiopia earns on average:
2.58 times the average salary (or 258% 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 298,066 ETB and 392,905 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Risk Manager in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 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: 270,969 ETB
Estimated Monthly Salary: 22,581 ETB
Estimated Weekly Salary: 5,211 ETB per week
Estimated Hourly Salary: 130 ETB per hour
By working as Senior Risk Manager a person can save up to 299 USD per month or 3,587 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 Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. 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
Sudan is 1,777 USD
Kenya is 14,061 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 Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Noc engineer (96,697 ETB per year, pre-tax.)
Stress engineer (205,149 ETB per year, pre-tax.)
Senior principal process engineer (293,638 ETB per year, pre-tax.)
Construction engineering supervisor (155,028 ETB per year, pre-tax.)
Director housing community development (119,957 ETB per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=ethiopia&job=senior-risk-manager'><img src='https://optisalary.com/wp-content/graphs/salary/senior-risk-manager-salary-in-ethiopia-2025.jpg' alt='senior risk manager salary in ethiopia 2025' title='senior risk manager salary in ethiopia 2025' /></a>
Please note:Salary data displayed on this site is for reference exclusively.
The salary data on this site is designed for reference purposes only. We offer salary insights derived from multiple sources, but do not guarantee absolute precision. Users should consistently cross-check salary details with other trusted sources before making financial choices. Variations in salary figures may arise due to several circumstances, including company policies, market demand, and individual skills. We do not offer any warranty regarding the entirety of the displayed salary data. Use of this website constitutes acceptance of these terms.
This website compiles salary information for reference use exclusively. While we strive to deliver accurate estimates, we cannot warrant their full precision. Users are strongly encouraged to check with additional sources before making career-related plans. Salary figures vary based on multiple conditions, such as industry trends, negotiation power, and regional demand. We make no guarantees as to the correctness of the provided information. Your access of this site acknowledges acceptance of this notice.