Home > Salary > Qatar > 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: 512,835 QAR
Estimated Monthly Salary: 42,736 QAR
Estimated Weekly Salary: 9,862 QAR per week
Estimated Hourly Salary: 247 QAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 41,240 QAR
Estimated Weekly Salary: 9,517 QAR per week
Estimated Hourly Salary: 238 QAR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 127,675 USD
Estimated Monthly Salary: 10,640 USD
Estimated Weekly Salary: 2,455 USD per week
Estimated Hourly Salary: 61 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: 512,835 QAR
Estimated Monthly Salary: 42,736 QAR
Estimated Weekly Salary: 9,862 QAR per week
Estimated Hourly Salary: 247 QAR per hour
By working as Vendor Risk Manager a person can save up to 7,820 USD per month or 93,835 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 Vendor Risk Manager
Last revision of data: 2025-01-04
Data as of 2025
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Vendor Risk Manager salary in Qatar
Average Yearly Salary of Vendor Risk Manager in Qatar is approximately 512,835 QAR (127,675 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?
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.
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: 512,835 QAR
Estimated Monthly Salary: 42,736 QAR
Estimated Weekly Salary: 9,862 QAR per week
Estimated Hourly Salary: 247 QAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 494,880 QAREstimated Monthly Salary: 41,240 QAR
Estimated Weekly Salary: 9,517 QAR per week
Estimated Hourly Salary: 238 QAR per hour
Last revision of data: 2024-01-09Vendor Risk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 127,675 USD
Estimated Monthly Salary: 10,640 USD
Estimated Weekly Salary: 2,455 USD per week
Estimated Hourly Salary: 61 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
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 Vendor Risk Manager job salary compared to average salary in Qatar.
Comparison shows that a person working as Vendor Risk Manager in Qatar earns on average:
2 times the average salary (or 200% of average salary).
Estimated national average yearly salary is 256,620 QAR (70,500 USD). Value indicated is pre-tax. Below graph shows estimated Vendor Risk Manager job salary compared to average salary in Qatar.
Comparison shows that a person working as Vendor Risk Manager in Qatar earns on average:
2 times the average salary (or 200% of average salary).
Is Vendor Risk Manager a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Vendor Risk Manager?
High salary for Vendor Risk Manager would be somewhere between 564,119 QAR and 743,611 QAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Vendor Risk Manager 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: 512,835 QAR
Estimated Monthly Salary: 42,736 QAR
Estimated Weekly Salary: 9,862 QAR per week
Estimated Hourly Salary: 247 QAR per hour
By working as Vendor Risk Manager a person can save up to 7,820 USD per month or 93,835 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 Vendor Risk Manager
Saudi Arabia is 50,132 USD
United Arab Emirates is 89,186 USD
Bahrain is 32,510 USD
Kuwait is 24,384 USD
Iran is 14,334 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:
Service order dispatcher automotive (175,233 QAR per year, pre-tax.)
It field engineer (273,568 QAR per year, pre-tax.)
Senior contract specialist (458,195 QAR per year, pre-tax.)
Vice president (vp), organizational development (763,816 QAR per year, pre-tax.)
General manager laundry (269,451 QAR per year, pre-tax.)
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