Home > Salary > Myanmar > Vendor Risk Manager
A vendor risk manager is responsible for assessing and managing the risks associated with third-party vendors that an organization relies upon. They play a critical role in ensuring that vendors meet the necessary security, compliance, and operational requirements. The vendor risk manager conducts due diligence on potential vendors, evaluates their contracts and agreements, and monitors their performance to identify and mitigate any potential risks.
This occupation requires strong analytical skills, as well as knowledge of risk management principles and industry regulations. Effective communication and negotiation skills are crucial for building relationships with vendors and internal stakeholders. Attention to detail and the ability to prioritize tasks are essential for managing multiple vendor relationships simultaneously. The vendor risk manager must also stay updated on industry trends and best practices to continuously improve the vendor risk management program.
Estimated Yearly Salary: 14,613,130 MMK
Estimated Monthly Salary: 1,217,761 MMK
Estimated Weekly Salary: 281,022 MMK per week
Estimated Hourly Salary: 7,026 MMK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,173,993 MMK
Estimated Weekly Salary: 270,922 MMK per week
Estimated Hourly Salary: 6,773 MMK per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 6,369 USD
Estimated Monthly Salary: 531 USD
Estimated Weekly Salary: 122 USD per week
Estimated Hourly Salary: 3 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: 14,613,130 MMK
Estimated Monthly Salary: 1,217,761 MMK
Estimated Weekly Salary: 281,022 MMK per week
Estimated Hourly Salary: 7,026 MMK per hour
By working as Vendor Risk Manager a person can save up to 390 USD per month or 4,684 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 Vendor Risk Manager
Last revision of data: 2025-01-04
Data as of 2025
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Vendor Risk Manager salary in Myanmar
Average Yearly Salary of Vendor Risk Manager in Myanmar is approximately 14,613,130 MMK (6,369 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 Vendor Risk Manager do?

Skills: Vendor risk management, Third-party risk assessment, Compliance management, Contract evaluation, Risk mitigation, Relationship building.
Job industry: Finance
Job industry: Finance
How much does Vendor Risk Manager make?
Salary details
How much does Vendor Risk Manager make?Estimated Yearly Salary: 14,613,130 MMK
Estimated Monthly Salary: 1,217,761 MMK
Estimated Weekly Salary: 281,022 MMK per week
Estimated Hourly Salary: 7,026 MMK per hour
Comparing salary to last year:
Estimated Yearly Salary: 14,087,920 MMKEstimated Monthly Salary: 1,173,993 MMK
Estimated Weekly Salary: 270,922 MMK per week
Estimated Hourly Salary: 6,773 MMK per hour
Vendor Risk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,369 USD
Estimated Monthly Salary: 531 USD
Estimated Weekly Salary: 122 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
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
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 Vendor Risk Manager job salary compared to average salary in Myanmar.
Comparison shows that a person working as Vendor Risk Manager in Myanmar earns on average:
1.98 times the average salary (or 198% 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 Vendor Risk Manager job salary compared to average salary in Myanmar.
Comparison shows that a person working as Vendor Risk Manager in Myanmar earns on average:
1.98 times the average salary (or 198% of average salary).
Is Vendor Risk Manager a well paid job?
Yes, our data shows that Vendor Risk Manager 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 Vendor Risk Manager?
High salary for Vendor Risk Manager would be somewhere between 16,074,443 MMK and 21,189,039 MMK. However this is an estimation based on Gaussian Distribution.How much can you save working as Vendor Risk Manager 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: 14,613,130 MMK
Estimated Monthly Salary: 1,217,761 MMK
Estimated Weekly Salary: 281,022 MMK per week
Estimated Hourly Salary: 7,026 MMK per hour
By working as Vendor Risk Manager a person can save up to 390 USD per month or 4,684 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 Vendor Risk Manager
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
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Random salary:
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Celebrity hairdresser (11,105,067 MMK per year, pre-tax.)
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The salary data on this site is intended for informational purposes exclusively. We offer salary insights based on multiple datasets, but cannot guarantee absolute precision. Users should always verify salary details with other trusted sources before making career-related choices. Variations in salary amounts may occur due to various circumstances, including company policies, market demand, and individual skills. We do not offer any guarantee regarding the completeness of the displayed salary data. Use of optisalary.com implies acknowledgment of these terms.