Home > Salary > Ghana > 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: 63,735 GHS
Estimated Monthly Salary: 5,311 GHS
Estimated Weekly Salary: 1,226 GHS per week
Estimated Hourly Salary: 31 GHS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,150 GHS
Estimated Weekly Salary: 1,188 GHS per week
Estimated Hourly Salary: 30 GHS per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 5,343 USD
Estimated Monthly Salary: 445 USD
Estimated Weekly Salary: 103 USD per week
Estimated Hourly Salary: 3 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: 63,735 GHS
Estimated Monthly Salary: 5,311 GHS
Estimated Weekly Salary: 1,226 GHS per week
Estimated Hourly Salary: 31 GHS per hour
By working as Risk Management Consultant a person can save up to 305 USD per month or 3,663 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 Ghana, see costs of living in Ghana.
Estimated Yearly Salary for Risk Management Consultant
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Title searcher (26,132 GHS per year, pre-tax.)
Research associate (unspecified type) (46,349 GHS per year, pre-tax.)
Human resources information systems specialist (hris) (50,534 GHS per year, pre-tax.)
Performance improvement director (77,224 GHS per year, pre-tax.)
Quartermaster (32,508 GHS per year, pre-tax.)
Risk Management Consultant salary in Ghana
Average Yearly Salary of Risk Management Consultant in Ghana is approximately 63,735 GHS (5,343 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: 63,735 GHS
Estimated Monthly Salary: 5,311 GHS
Estimated Weekly Salary: 1,226 GHS per week
Estimated Hourly Salary: 31 GHS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 61,800 GHSEstimated Monthly Salary: 5,150 GHS
Estimated Weekly Salary: 1,188 GHS per week
Estimated Hourly Salary: 30 GHS per hour
Last revision of data: 2024-01-02Risk Management Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,343 USD
Estimated Monthly Salary: 445 USD
Estimated Weekly Salary: 103 USD per week
Estimated Hourly Salary: 3 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
Ghana is a country located in West Africa. It has a population of approximately 31 million people and covers an area of about 238,535 square kilometers. The country is bordered by Cote d'Ivoire to the west, Burkina Faso to the north, Togo to the east, and the Atlantic Ocean to the south.
Estimated national average yearly salary is 39,200 GHS (3,500 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Consultant job salary compared to average salary in Ghana.
Comparison shows that a person working as Risk Management Consultant in Ghana earns on average:
1.63 times the average salary (or 163% of average salary).
Estimated national average yearly salary is 39,200 GHS (3,500 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Consultant job salary compared to average salary in Ghana.
Comparison shows that a person working as Risk Management Consultant in Ghana earns on average:
1.63 times the average salary (or 163% 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 70,109 GHS and 92,416 GHS. However this is an estimation based on Gaussian Distribution.How much can you save working as Risk Management Consultant in Ghana?
Living in Ghana the approximate monthly expenses are: 140 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: 63,735 GHS
Estimated Monthly Salary: 5,311 GHS
Estimated Weekly Salary: 1,226 GHS per week
Estimated Hourly Salary: 31 GHS per hour
By working as Risk Management Consultant a person can save up to 305 USD per month or 3,663 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 Ghana, see costs of living in Ghana.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Burkina Faso, Cote d'Ivoire (Ivory Coast), Togo.. 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
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 Ghana
(439,471 GHS per year, pre-tax.)
2. Cardiologist
(363,775 GHS per year, pre-tax.)
(351,690 GHS per year, pre-tax.)
(342,308 GHS per year, pre-tax.)
5. Neurosurgeon
(342,198 GHS per year, pre-tax.)
(334,060 GHS per year, pre-tax.)
7. Urologist
(333,287 GHS per year, pre-tax.)
(333,209 GHS per year, pre-tax.)
(333,002 GHS per year, pre-tax.)
10. Oncologist
(332,700 GHS per year, pre-tax.)
Data as of 2025Random salary:
Title searcher (26,132 GHS per year, pre-tax.)
Research associate (unspecified type) (46,349 GHS per year, pre-tax.)
Human resources information systems specialist (hris) (50,534 GHS per year, pre-tax.)
Performance improvement director (77,224 GHS per year, pre-tax.)
Quartermaster (32,508 GHS per year, pre-tax.)
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