Home > Salary > Saudi Arabia > Risk Manager
A risk manager is responsible for identifying, assessing, and mitigating potential risks that could impact an organization's operations, financial stability, or reputation. They analyze data, conduct risk assessments, and develop strategies to minimize risks and ensure business continuity. Risk managers work closely with various departments within an organization to implement risk management policies, procedures, and best practices. They also monitor industry trends and regulatory changes to anticipate and address emerging risks.
Estimated Yearly Salary: 196,045 SAR
Estimated Monthly Salary: 16,337 SAR
Estimated Weekly Salary: 3,770 SAR per week
Estimated Hourly Salary: 94 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 15,838 SAR
Estimated Weekly Salary: 3,655 SAR per week
Estimated Hourly Salary: 91 SAR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 49,298 USD
Estimated Monthly Salary: 4,108 USD
Estimated Weekly Salary: 948 USD per week
Estimated Hourly Salary: 24 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: 196,045 SAR
Estimated Monthly Salary: 16,337 SAR
Estimated Weekly Salary: 3,770 SAR per week
Estimated Hourly Salary: 94 SAR per hour
By working as Risk Manager a person can save up to 3,005 USD per month or 36,055 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 Saudi Arabia, see costs of living in Saudi Arabia.
Estimated Yearly Salary for Risk Manager
Last revision of data: 2025-01-04
Data as of 2025
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Risk Manager salary in Saudi Arabia
Average Yearly Salary of Risk Manager in Saudi Arabia is approximately 196,045 SAR (49,298 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 Manager do?
A risk manager is responsible for identifying, assessing, and mitigating potential risks that could impact an organization's operations, financial stability, or reputation. They analyze data, conduct risk assessments, and develop strategies to minimize risks and ensure business continuity. Risk managers work closely with various departments within an organization to implement risk management policies, procedures, and best practices. They also monitor industry trends and regulatory changes to anticipate and address emerging risks.
Skills: Risk management, Risk assessment, Data analysis, Business continuity, Regulatory compliance, Risk mitigation
Job industry: Finance
Job industry: Finance
How much does Risk Manager make?
Salary details
How much does Risk Manager make?Estimated Yearly Salary: 196,045 SAR
Estimated Monthly Salary: 16,337 SAR
Estimated Weekly Salary: 3,770 SAR per week
Estimated Hourly Salary: 94 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 190,060 SAREstimated Monthly Salary: 15,838 SAR
Estimated Weekly Salary: 3,655 SAR per week
Estimated Hourly Salary: 91 SAR per hour
Last revision of data: 2024-01-07Risk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 49,298 USD
Estimated Monthly Salary: 4,108 USD
Estimated Weekly Salary: 948 USD per week
Estimated Hourly Salary: 24 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
Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is a country located in the Middle East. With a population of approximately 34 million people, it is the 40th most populous country in the world. The nation covers an area of about 2.15 million square kilometers, making it the 13th largest country globally. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south.
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Risk Manager job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Risk Manager in Saudi Arabia earns on average:
1.89 times the average salary (or 189% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Risk Manager job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Risk Manager in Saudi Arabia earns on average:
1.89 times the average salary (or 189% of average salary).
Is Risk Manager a well paid job?
Yes, our data shows that 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 Risk Manager?
High salary for Risk Manager would be somewhere between 215,650 SAR and 284,265 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Risk Manager in Saudi Arabia?
Living in Saudi Arabia the approximate monthly expenses are: 1,104 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: 196,045 SAR
Estimated Monthly Salary: 16,337 SAR
Estimated Weekly Salary: 3,770 SAR per week
Estimated Hourly Salary: 94 SAR per hour
By working as Risk Manager a person can save up to 3,005 USD per month or 36,055 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 Saudi Arabia, see costs of living in Saudi Arabia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Jordan, Iraq, Kuwait, Qatar, Bahrain, United Arab Emirates, Oman, Yemen. 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 Manager
Jordan is 16,927 USD
Iraq is 10,656 USD
Kuwait is 23,855 USD
Qatar is 125,428 USD
Bahrain is 31,877 USD
United Arab Emirates is 87,580 USD
Oman is 16,143 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 Saudi Arabia
(1,155,796 SAR per year, pre-tax.)
2. Cardiologist
(962,048 SAR per year, pre-tax.)
(923,476 SAR per year, pre-tax.)
4. Neurosurgeon
(900,367 SAR per year, pre-tax.)
(897,041 SAR per year, pre-tax.)
(877,388 SAR per year, pre-tax.)
(874,133 SAR per year, pre-tax.)
(873,498 SAR per year, pre-tax.)
9. Urologist
(873,306 SAR per year, pre-tax.)
(872,951 SAR per year, pre-tax.)
Data as of 2025Random salary:
Sports scout (95,992 SAR per year, pre-tax.)
Etcher engraver (46,624 SAR per year, pre-tax.)
Medical director addiction recovery services (350,138 SAR per year, pre-tax.)
Category analyst (132,320 SAR per year, pre-tax.)
Closing agent title (77,708 SAR per year, pre-tax.)
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