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Senior Risk Manager salary in Uganda

Average Yearly Salary of Senior Risk Manager in Uganda is approximately 11,435,207 UGX (2,927 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 Senior Risk Manager do?

occupation personasA senior risk manager is responsible for identifying, assessing, and mitigating potential risks that could impact an organization's operations, reputation, or financial stability. They develop and implement risk management strategies and policies to ensure the organization is adequately prepared for potential threats. This includes conducting risk assessments, analyzing data, and collaborating with various departments to create risk mitigation plans. Senior risk managers also stay updated on industry trends and regulatory requirements to ensure compliance and minimize potential liabilities. They provide guidance and support to junior risk management staff and work closely with executives to communicate risk-related information and make informed decisions. Strong analytical skills, attention to detail, and the ability to think critically are essential for this role.

Skills: senior risk manager, risk assessment, risk mitigation, regulatory compliance, strategic planning, data analysis
Job industry: Finance


How much does Senior Risk Manager make?

Salary details
How much does Senior Risk Manager make?
Estimated Yearly Salary: 11,435,207 UGX
Estimated Monthly Salary: 952,934 UGX
Estimated Weekly Salary: 219,908 UGX per week
Estimated Hourly Salary: 5,498 UGX per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 11,083,774 UGX
Estimated Monthly Salary: 923,648 UGX
Estimated Weekly Salary: 213,150 UGX per week
Estimated Hourly Salary: 5,329 UGX per hour
Last revision of data: 2024-01-03



Senior Risk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 2,927 USD
Estimated Monthly Salary: 244 USD
Estimated Weekly Salary: 56 USD per week
Estimated Hourly Salary: 1 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Uganda is a landlocked country located in East Africa. It has a population of approximately 45 million people and covers an area of about 241,038 square kilometers. The country is bordered by South Sudan to the north, Kenya to the east, Tanzania and Rwanda to the south, and the Democratic Republic of the Congo to the west.

Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Senior Risk Manager job salary compared to average salary in Uganda.
Comparison shows that a person working as Senior Risk Manager in Uganda earns on average:
2.55 times the average salary (or 255% of average salary).

Is Senior Risk Manager a well paid job?

Yes, our data show that Senior Risk Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Senior Risk Manager?

High salary for Senior Risk Manager would be somewhere between 12,578,728 UGX and 16,581,050 UGX. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Risk Manager in Uganda?

Living in Uganda the approximate monthly expenses are: 50 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: 11,435,207 UGX
Estimated Monthly Salary: 952,934 UGX
Estimated Weekly Salary: 219,908 UGX per week
Estimated Hourly Salary: 5,498 UGX per hour
By working as Senior Risk Manager a person can save up to 194 USD per month or 2,327 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 Uganda, see costs of living in Uganda.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Kenya, South Sudan, Democratic Republic of the Congo, Rwanda, Tanzania.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Senior Risk Manager

Kenya is 14,061 USDup arrow 380%
Details on Senior Risk Manager salary in Kenya
Last revision of data: 2025-01-04

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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Uganda

(50,940,232 UGX per year, pre-tax.)
(42,552,292 UGX per year, pre-tax.)
(41,077,897 UGX per year, pre-tax.)
(39,844,135 UGX per year, pre-tax.)
(39,697,505 UGX per year, pre-tax.)
(38,842,071 UGX per year, pre-tax.)
(38,812,832 UGX per year, pre-tax.)
(38,784,031 UGX per year, pre-tax.)
(38,749,803 UGX per year, pre-tax.)
(38,712,676 UGX per year, pre-tax.)

Data as of 2025

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Please note:
The salary figures on this website are meant for informational purposes only.
The salary figures presented here are intended for reference purposes only. While we attempt to ensure accuracy, we do not guarantee all figures is precise. Users are advised to research salary details with official sources before making critical career choices. Salary ranges can change due to economic shifts, demand variations, and regional factors. We deny responsibility for errors in the compensation data displayed.
This website provides salary figures solely for informational purposes. While we endeavor for accuracy, we do not ensure the precision of all figures. Users must double-check salary details with official sources before making career-related plans. Salary estimates may vary based on multiple factors, such as geographic location, experience, and job role. We accept no liability for errors in the pay estimates provided. By accessing optisalary.com, you accept that salary data is not absolute.