Home > Salary > Myanmar > Risk Management Specialist
A risk management specialist is responsible for identifying, assessing, and minimizing potential risks that may impact an organization's operations, financial stability, reputation, or compliance with regulations. They analyze data, conduct risk assessments, and develop strategies to mitigate risks. These professionals collaborate with various departments within the organization to create risk management plans, policies, and procedures. They also monitor and evaluate the effectiveness of risk management activities, making recommendations for improvement when necessary. Additionally, risk management specialists stay updated on industry trends, regulatory requirements, and emerging risks to ensure the organization remains prepared and resilient.
Estimated Yearly Salary: 11,325,380 MMK
Estimated Monthly Salary: 943,782 MMK
Estimated Weekly Salary: 217,796 MMK per week
Estimated Hourly Salary: 5,445 MMK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 911,370 MMK
Estimated Weekly Salary: 210,316 MMK per week
Estimated Hourly Salary: 5,258 MMK per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 4,954 USD
Estimated Monthly Salary: 413 USD
Estimated Weekly Salary: 95 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: 11,325,380 MMK
Estimated Monthly Salary: 943,782 MMK
Estimated Weekly Salary: 217,796 MMK per week
Estimated Hourly Salary: 5,445 MMK per hour
By working as Risk Management Specialist a person can save up to 272 USD per month or 3,269 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 Myanmar, see costs of living in Myanmar.
Estimated Yearly Salary for Risk Management Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Mortgage advisor (7,700,329 MMK per year, pre-tax.)
Senior environmental engineer (15,137,653 MMK per year, pre-tax.)
Shipperreceiver (3,579,674 MMK per year, pre-tax.)
Senior principal engineer (18,630,240 MMK per year, pre-tax.)
Fabric manager (10,675,716 MMK per year, pre-tax.)
Risk Management Specialist salary in Myanmar
Average Yearly Salary of Risk Management Specialist in Myanmar is approximately 11,325,380 MMK (4,954 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 Specialist do?
A risk management specialist is responsible for identifying, assessing, and minimizing potential risks that may impact an organization's operations, financial stability, reputation, or compliance with regulations. They analyze data, conduct risk assessments, and develop strategies to mitigate risks. These professionals collaborate with various departments within the organization to create risk management plans, policies, and procedures. They also monitor and evaluate the effectiveness of risk management activities, making recommendations for improvement when necessary. Additionally, risk management specialists stay updated on industry trends, regulatory requirements, and emerging risks to ensure the organization remains prepared and resilient.
Skills: Risk management, Risk assessment, Data analysis, Compliance, Mitigation strategies, Industry trends.
Job industry: Finance
Job industry: Finance
How much does Risk Management Specialist make?
Salary details
How much does Risk Management Specialist make?Estimated Yearly Salary: 11,325,380 MMK
Estimated Monthly Salary: 943,782 MMK
Estimated Weekly Salary: 217,796 MMK per week
Estimated Hourly Salary: 5,445 MMK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 10,936,434 MMKEstimated Monthly Salary: 911,370 MMK
Estimated Weekly Salary: 210,316 MMK per week
Estimated Hourly Salary: 5,258 MMK per hour
Last revision of data: 2024-01-07Risk Management Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,954 USD
Estimated Monthly Salary: 413 USD
Estimated Weekly Salary: 95 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
Myanmar, also known as Burma, is a country located in Southeast Asia. With a population of approximately 54 million people, it is the 26th most populous country in the world. The nation covers an area of around 676,578 square kilometers, making it the 40th largest country in terms of land area.
Estimated national average yearly salary is 7,363,980 MMK (3,510 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Specialist job salary compared to average salary in Myanmar.
Comparison shows that a person working as Risk Management Specialist in Myanmar earns on average:
1.54 times the average salary (or 154% of average salary).
Estimated national average yearly salary is 7,363,980 MMK (3,510 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Specialist job salary compared to average salary in Myanmar.
Comparison shows that a person working as Risk Management Specialist in Myanmar earns on average:
1.54 times the average salary (or 154% of average salary).
Is Risk Management Specialist a well paid job?
Yes, our data shows that Risk Management Specialist 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 Specialist?
High salary for Risk Management Specialist would be somewhere between 12,457,918 MMK and 16,421,801 MMK. However this is an estimation based on Gaussian Distribution.How much can you save working as Risk Management Specialist in Myanmar?
Living in Myanmar 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: 11,325,380 MMK
Estimated Monthly Salary: 943,782 MMK
Estimated Weekly Salary: 217,796 MMK per week
Estimated Hourly Salary: 5,445 MMK per hour
By working as Risk Management Specialist a person can save up to 272 USD per month or 3,269 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 Myanmar, see costs of living in Myanmar.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Bangladesh, China, Laos, Thailand. 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 Specialist
India is 31,471 USD
Bangladesh is 3,989 USD
China is 18,123 USD
Thailand is 10,173 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 Myanmar
(83,862,518 MMK per year, pre-tax.)
2. Cardiologist
(69,987,991 MMK per year, pre-tax.)
(67,281,160 MMK per year, pre-tax.)
(65,258,796 MMK per year, pre-tax.)
5. Neurosurgeon
(65,192,663 MMK per year, pre-tax.)
(63,906,515 MMK per year, pre-tax.)
(63,864,729 MMK per year, pre-tax.)
8. Oncologist
(63,598,524 MMK per year, pre-tax.)
9. Urologist
(63,573,880 MMK per year, pre-tax.)
10. Dermatologist
(63,550,989 MMK per year, pre-tax.)
Data as of 2025Random salary:
Mortgage advisor (7,700,329 MMK per year, pre-tax.)
Senior environmental engineer (15,137,653 MMK per year, pre-tax.)
Shipperreceiver (3,579,674 MMK per year, pre-tax.)
Senior principal engineer (18,630,240 MMK per year, pre-tax.)
Fabric manager (10,675,716 MMK 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=myanmar&job=risk-management-specialist'><img src='https://optisalary.com/wp-content/graphs/salary/risk-management-specialist-salary-in-myanmar-2025.jpg' alt='risk management specialist salary in myanmar 2025' title='risk management specialist salary in myanmar 2025' /></a>
Please note:Salary information displayed on this site is for reference exclusively.
optisalary.com presents salary insights for educational purposes exclusively. While we gather data from various providers, we do not guarantee absolute accuracy. Users are encouraged to review external platforms before making major financial moves. Salaries fluctuate due to various factors, such as market demand, employer policies, and geographic location. We cannot provide guarantee regarding the validity of the displayed salary data. Your continued access of this site indicates your acceptance of these terms.
optisalary.com presents salary estimates for educational purposes only. While we collect data from various providers, we cannot ensure full accuracy. Users are advised to consult trusted platforms before making major financial moves. Salaries shift due to various elements, such as market demand, employer policies, and geographic location. We make no guarantee regarding the validity of the displayed salary figures. Your use of this site confirms your acceptance of these terms.