Home > Salary > Iraq > Risk Management Director
A Risk Management Director is responsible for identifying, assessing, and mitigating risks within an organization. They develop and implement risk management strategies, policies, and procedures to ensure the company's assets, reputation, and financial stability are protected. This role involves analyzing potential risks, evaluating their potential impact on the organization, and developing plans to minimize or eliminate those risks. The Risk Management Director works closely with various departments to assess risks associated with operations, investments, compliance, and legal matters. They also collaborate with insurance providers to ensure adequate coverage and negotiate terms. Additionally, they monitor industry trends, regulations, and best practices to proactively address emerging risks. Strong analytical, problem-solving, and communication skills are essential for success in this role.
Estimated Yearly Salary: 21,932,210 IQD
Estimated Monthly Salary: 1,827,684 IQD
Estimated Weekly Salary: 421,773 IQD per week
Estimated Hourly Salary: 10,544 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,760,740 IQD
Estimated Weekly Salary: 406,325 IQD per week
Estimated Hourly Salary: 10,158 IQD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 14,709 USD
Estimated Monthly Salary: 1,226 USD
Estimated Weekly Salary: 283 USD per week
Estimated Hourly Salary: 7 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: 21,932,210 IQD
Estimated Monthly Salary: 1,827,684 IQD
Estimated Weekly Salary: 421,773 IQD per week
Estimated Hourly Salary: 10,544 IQD per hour
By working as Risk Management Director a person can save up to 986 USD per month or 11,829 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 Iraq, see costs of living in Iraq.
Estimated Yearly Salary for Risk Management Director
Last revision of data: 2025-01-04
Data as of 2025
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Risk Management Director salary in Iraq
Average Yearly Salary of Risk Management Director in Iraq is approximately 21,932,210 IQD (14,709 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 Director do?
A Risk Management Director is responsible for identifying, assessing, and mitigating risks within an organization. They develop and implement risk management strategies, policies, and procedures to ensure the company's assets, reputation, and financial stability are protected. This role involves analyzing potential risks, evaluating their potential impact on the organization, and developing plans to minimize or eliminate those risks. The Risk Management Director works closely with various departments to assess risks associated with operations, investments, compliance, and legal matters. They also collaborate with insurance providers to ensure adequate coverage and negotiate terms. Additionally, they monitor industry trends, regulations, and best practices to proactively address emerging risks. Strong analytical, problem-solving, and communication skills are essential for success in this role.
Skills: Risk Management, Risk Mitigation, Insurance, Compliance, Financial Stability, Strategic Planning
Job industry: Finance
Job industry: Finance
How much does Risk Management Director make?
Salary details
How much does Risk Management Director make?Estimated Yearly Salary: 21,932,210 IQD
Estimated Monthly Salary: 1,827,684 IQD
Estimated Weekly Salary: 421,773 IQD per week
Estimated Hourly Salary: 10,544 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 21,128,874 IQDEstimated Monthly Salary: 1,760,740 IQD
Estimated Weekly Salary: 406,325 IQD per week
Estimated Hourly Salary: 10,158 IQD per hour
Last revision of data: 2024-01-07Risk Management Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 14,709 USD
Estimated Monthly Salary: 1,226 USD
Estimated Weekly Salary: 283 USD per week
Estimated Hourly Salary: 7 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
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Country:
Salary comparison to National average
Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Director job salary compared to average salary in Iraq.
Comparison shows that a person working as Risk Management Director in Iraq earns on average:
2.69 times the average salary (or 269% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Director job salary compared to average salary in Iraq.
Comparison shows that a person working as Risk Management Director in Iraq earns on average:
2.69 times the average salary (or 269% of average salary).
Is Risk Management Director a well paid job?
Yes, our data show that Risk Management Director 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 Risk Management Director?
High salary for Risk Management Director would be somewhere between 24,125,431 IQD and 31,801,705 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Risk Management Director in Iraq?
Living in Iraq the approximate monthly expenses are: 240 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: 21,932,210 IQD
Estimated Monthly Salary: 1,827,684 IQD
Estimated Weekly Salary: 421,773 IQD per week
Estimated Hourly Salary: 10,544 IQD per hour
By working as Risk Management Director a person can save up to 986 USD per month or 11,829 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 Iraq, see costs of living in Iraq.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey. 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 Director
Iran is 19,435 USD
Jordan is 23,390 USD
Kuwait is 33,010 USD
Saudi Arabia is 68,065 USD
Syria is 9,028 USD
Turkey is 25,997 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 Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
Pipeliner (7,365,540 IQD per year, pre-tax.)
Hvac designer (7,714,888 IQD per year, pre-tax.)
Builder operator (4,732,800 IQD per year, pre-tax.)
Prepress technician or worker (5,630,400 IQD per year, pre-tax.)
Crm business analyst (11,274,056 IQD per year, pre-tax.)
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