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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: 397,516 QAR
Estimated Monthly Salary: 33,126 QAR
Estimated Weekly Salary: 7,645 QAR per week
Estimated Hourly Salary: 191 QAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 32,019 QAR
Estimated Weekly Salary: 7,389 QAR per week
Estimated Hourly Salary: 185 QAR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 99,778 USD
Estimated Monthly Salary: 8,315 USD
Estimated Weekly Salary: 1,919 USD per week
Estimated Hourly Salary: 48 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: 397,516 QAR
Estimated Monthly Salary: 33,126 QAR
Estimated Weekly Salary: 7,645 QAR per week
Estimated Hourly Salary: 191 QAR per hour
By working as Risk Management Specialist a person can save up to 5,495 USD per month or 65,938 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 Qatar, see costs of living in Qatar.
Estimated Yearly Salary for Risk Management Specialist
United Arab Emirates is 68,928 USD
31%
Details on Risk Management Specialist salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
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Risk Management Specialist salary in Qatar
Average Yearly Salary of Risk Management Specialist in Qatar is approximately 397,516 QAR (99,778 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: 397,516 QAR
Estimated Monthly Salary: 33,126 QAR
Estimated Weekly Salary: 7,645 QAR per week
Estimated Hourly Salary: 191 QAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 384,224 QAREstimated Monthly Salary: 32,019 QAR
Estimated Weekly Salary: 7,389 QAR per week
Estimated Hourly Salary: 185 QAR per hour
Last revision of data: 2024-01-05Risk Management Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 99,778 USD
Estimated Monthly Salary: 8,315 USD
Estimated Weekly Salary: 1,919 USD per week
Estimated Hourly Salary: 48 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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Country:
Salary comparison to National average
Qatar, a sovereign country located in the Middle East, is known for its rich culture and rapid development. With a population of approximately 2.8 million people, Qatar is a relatively small nation. Its total land area covers around 11,586 square kilometers, making it one of the smallest countries in the region.
Estimated national average yearly salary is 256,620 QAR (70,500 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Specialist job salary compared to average salary in Qatar.
Comparison shows that a person working as Risk Management Specialist in Qatar earns on average:
1.55 times the average salary (or 155% of average salary).
Estimated national average yearly salary is 256,620 QAR (70,500 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Specialist job salary compared to average salary in Qatar.
Comparison shows that a person working as Risk Management Specialist in Qatar earns on average:
1.55 times the average salary (or 155% 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 437,268 QAR and 576,398 QAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Risk Management Specialist in Qatar?
Living in Qatar the approximate monthly expenses are: 2,820 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: 397,516 QAR
Estimated Monthly Salary: 33,126 QAR
Estimated Weekly Salary: 7,645 QAR per week
Estimated Hourly Salary: 191 QAR per hour
By working as Risk Management Specialist a person can save up to 5,495 USD per month or 65,938 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 Qatar, see costs of living in Qatar.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Iran. 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
Saudi Arabia is 38,955 USDUnited Arab Emirates is 68,928 USD 31%Details on Risk Management Specialist salary in United Arab Emirates
Bahrain is 25,251 USD
Kuwait is 18,911 USD
Iran is 11,113 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 Qatar
(2,939,572 QAR per year, pre-tax.)
2. Cardiologist
(2,450,940 QAR per year, pre-tax.)
(2,369,219 QAR per year, pre-tax.)
(2,290,381 QAR per year, pre-tax.)
5. Neurosurgeon
(2,287,404 QAR per year, pre-tax.)
(2,243,832 QAR per year, pre-tax.)
7. Urologist
(2,240,458 QAR per year, pre-tax.)
(2,237,140 QAR per year, pre-tax.)
9. Oncologist
(2,234,247 QAR per year, pre-tax.)
(2,233,539 QAR per year, pre-tax.)
Data as of 2025Random salary:
Radiology transcriptionist (224,388 QAR per year, pre-tax.)
Electrical engineer low voltage (231,800 QAR per year, pre-tax.)
Glass setter (99,770 QAR per year, pre-tax.)
Food preparation worker (90,700 QAR per year, pre-tax.)
Vice president(vp), nursing (885,256 QAR per year, pre-tax.)
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