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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?

occupation personasA 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


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: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 261,180 ETB
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



Senior 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 up arrow 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.

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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).

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 USDdown arrow 61%
Details on Senior Risk Manager salary in Sudan
Kenya is 14,061 USDup arrow 212%
Details on Senior Risk Manager salary in Kenya
Last revision of data: 2025-01-04

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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Ethiopia

(1,198,707 ETB per year, pre-tax.)
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
(911,678 ETB per year, pre-tax.)

Data as of 2025

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Salary details displayed on optisalary.com are meant for informational use only. Our data is sourced through various sources and may not always be up to date. Users must verify salary information through other means before making financial commitments. The figures listed here may change due to factors such as location, industry standards, and individual skill sets. We do not warrant that the data provided is error-free. By accessing optisalary.com, you accept that salary information is offered 'as is' and without warranties.