Risk Manager
UK

The median Risk Manager salary in the UK is £65,000 per year according to job vacancies posted during the 6 months to 2 March 2024.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
2 Mar 2024
Same period 2023 Same period 2022
Rank 715 851 967
Rank change year-on-year +136 +116 -167
Permanent jobs requiring a Risk Manager 130 177 177
As % of all permanent jobs advertised in the UK 0.16% 0.16% 0.12%
As % of the Job Titles category 0.17% 0.17% 0.13%
Number of salaries quoted 98 120 99
10th Percentile £47,573 £52,500 £48,500
25th Percentile £56,563 £60,750 £56,250
Median annual salary (50th Percentile) £65,000 £82,500 £63,425
Median % change year-on-year -21.21% +30.07% -4.26%
75th Percentile £86,875 £97,500 £87,250
90th Percentile £95,000 £105,625 £134,500
UK excluding London median annual salary £62,500 £64,250 £60,000
% change year-on-year -2.72% +7.08% +20.00%

All Permanent IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of permanent jobs in our overall sample.

Permanent vacancies in the UK with a recognized job title 77,164 104,802 135,666
% of permanent jobs with a recognized job title 94.80% 93.58% 95.59%
Number of salaries quoted 57,734 65,779 84,694
10th Percentile £28,501 £32,750 £32,000
25th Percentile £39,085 £45,000 £42,500
Median annual salary (50th Percentile) £55,000 £60,000 £60,000
Median % change year-on-year -8.33% - +9.09%
75th Percentile £72,500 £82,500 £77,500
90th Percentile £92,500 £100,000 £95,000
UK excluding London median annual salary £50,000 £52,750 £50,000
% change year-on-year -5.21% +5.50% +5.26%

Risk Manager
Job Vacancy Trend

Job postings that featured Risk Manager in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Risk Manager in the UK

Risk Manager
Salary Trend

3-month moving average salary quoted in jobs citing Risk Manager.

Salary trend for Risk Manager in the UK

Risk Manager
Salary Histogram

Salary distribution for jobs citing Risk Manager over the 6 months to 2 March 2024.

Salary histogram for Risk Manager in the UK

Risk Manager
Top 16 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Risk Manager within the UK over the 6 months to 2 March 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
England +139 104 £65,000 -21.21% 125
UK excluding London +70 66 £62,500 -2.72% 41
London +160 47 £85,000 - 93
Work from Home +135 46 £60,000 -25.00% 50
Midlands +64 23 £65,000 -21.21% 6
West Midlands +72 18 £65,000 +2.36% 6
North of England +82 12 £70,000 -17.16% 8
South East +66 10 £57,500 +4.55% 11
South West +27 10 £58,000 -23.66% 8
North West +57 6 £60,000 -11.11% 5
East Midlands +15 5 £60,000 -36.84%
Scotland -42 5 £62,500 +3.28% 4
Wales +10 4 £40,553 +6.36% 3
Yorkshire +87 3 £77,500 -8.82% 3
North East +6 3 £70,000 +27.27%
East of England +45 2 £62,500 +13.64% 2

Risk Manager Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 2 March 2024, Risk Manager job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads featuring Risk Manager in the job title.

1 90 (69.23%) Risk Management
2 78 (60.00%) Finance
3 49 (37.69%) Social Skills
4 38 (29.23%) Legal
5 35 (26.92%) Cybersecurity
6 30 (23.08%) Degree
7 23 (17.69%) Roadmaps
8 21 (16.15%) Marketing
9 20 (15.38%) Information Security
9 20 (15.38%) Customer Experience
9 20 (15.38%) GDPR
10 19 (14.62%) Product Management
11 18 (13.85%) Management Information System
11 18 (13.85%) CISM
12 17 (13.08%) CISSP
12 17 (13.08%) Azure
12 17 (13.08%) SaaS
12 17 (13.08%) Threat Intelligence
12 17 (13.08%) Cyber Threat Intelligence
12 17 (13.08%) Risk Register
13 16 (12.31%) Incident Response
14 15 (11.54%) Value Proposition
14 15 (11.54%) AWS
14 15 (11.54%) ISO/IEC 27001
14 15 (11.54%) Dell
14 15 (11.54%) Law
14 15 (11.54%) Agile
15 14 (10.77%) Business Continuity
15 14 (10.77%) IT Audit
16 13 (10.00%) Banking

Risk Manager Skill Set
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (2.31%) SAS
Applications
1 3 (2.31%) Microsoft Excel
Business Applications
1 1 (0.77%) Primavera
Cloud Services
1 17 (13.08%) Azure
1 17 (13.08%) SaaS
2 15 (11.54%) AWS
3 10 (7.69%) Microsoft 365
4 3 (2.31%) Power Platform
5 1 (0.77%) Cloud Computing
5 1 (0.77%) Entra ID
Communications & Networking
1 1 (0.77%) Cisco IPT
1 1 (0.77%) Firewall
1 1 (0.77%) Network Security
Database & Business Intelligence
1 3 (2.31%) Metadata
1 3 (2.31%) Power BI
General
1 78 (60.00%) Finance
2 49 (37.69%) Social Skills
3 38 (29.23%) Legal
4 21 (16.15%) Marketing
5 15 (11.54%) Law
6 13 (10.00%) Banking
7 11 (8.46%) Analytical Skills
8 8 (6.15%) Retail
9 4 (3.08%) Inclusion and Diversity
9 4 (3.08%) Influencing Skills
9 4 (3.08%) Police
9 4 (3.08%) Public Sector
10 3 (2.31%) Dutch Language
10 3 (2.31%) German Language
10 3 (2.31%) Retail Finance
11 2 (1.54%) Back Office
11 2 (1.54%) Local Government
11 2 (1.54%) Presentation Skills
11 2 (1.54%) Retail Banking
12 1 (0.77%) Publishing
Miscellaneous
1 18 (13.85%) Management Information System
2 7 (5.38%) Security Posture
3 6 (4.62%) Freedom of Information
4 5 (3.85%) Market Risk
4 5 (3.85%) Product Ownership
5 4 (3.08%) Equities
5 4 (3.08%) Fixed Income
5 4 (3.08%) Public Cloud
6 2 (1.54%) CCTV
6 2 (1.54%) Cyber Threat
6 2 (1.54%) SWIFT Messaging Network
7 1 (0.77%) Cloud Native
7 1 (0.77%) Legacy Systems
7 1 (0.77%) PKI
7 1 (0.77%) Self-Motivation
7 1 (0.77%) Tandem
Operating Systems
1 5 (3.85%) Windows
2 3 (2.31%) Windows Server
Processes & Methodologies
1 90 (69.23%) Risk Management
2 35 (26.92%) Cybersecurity
3 23 (17.69%) Roadmaps
4 20 (15.38%) Customer Experience
4 20 (15.38%) Information Security
5 19 (14.62%) Product Management
6 17 (13.08%) Cyber Threat Intelligence
6 17 (13.08%) Risk Register
6 17 (13.08%) Threat Intelligence
7 16 (12.31%) Incident Response
8 15 (11.54%) Agile
8 15 (11.54%) Value Proposition
9 14 (10.77%) Business Continuity
9 14 (10.77%) IT Audit
10 12 (9.23%) Remediation Plan
11 11 (8.46%) Collaborative Working
11 11 (8.46%) Process Improvement
11 11 (8.46%) Risk Assessment
12 10 (7.69%) IT Governance
12 10 (7.69%) Project Management
Programming Languages
1 7 (5.38%) Python
2 3 (2.31%) C
2 3 (2.31%) R
3 1 (0.77%) C++
3 1 (0.77%) PowerShell
Qualifications
1 30 (23.08%) Degree
2 18 (13.85%) CISM
3 17 (13.08%) CISSP
4 13 (10.00%) CRISC
5 7 (5.38%) CISA
6 6 (4.62%) CompTIA CySA+
6 6 (4.62%) CompTIA Security+
7 4 (3.08%) Security Cleared
8 3 (2.31%) Computer Science Degree
8 3 (2.31%) SC Cleared
9 2 (1.54%) Master's Degree
10 1 (0.77%) CIMA
10 1 (0.77%) DV Cleared
10 1 (0.77%) FFIEC
10 1 (0.77%) GIAC
10 1 (0.77%) GSEC
Quality Assurance & Compliance
1 20 (15.38%) GDPR
2 15 (11.54%) ISO/IEC 27001
3 13 (10.00%) Sarbanes-Oxley
4 12 (9.23%) GRC
4 12 (9.23%) ITGC
5 8 (6.15%) NIST
6 6 (4.62%) COBIT
7 5 (3.85%) Cyber Essentials
7 5 (3.85%) ISO 22301
7 5 (3.85%) PMO
8 3 (2.31%) PSD2
9 2 (1.54%) Cyber Essentials PLUS
9 2 (1.54%) ISO 9001
9 2 (1.54%) PCI DSS
9 2 (1.54%) QA
9 2 (1.54%) SOC 2
10 1 (0.77%) AIFMD
10 1 (0.77%) COSO
System Software
1 1 (0.77%) Active Directory
Vendors
1 15 (11.54%) Dell
2 6 (4.62%) ServiceNow
3 2 (1.54%) Microsoft
4 1 (0.77%) Cadence
4 1 (0.77%) CrowdStrike
4 1 (0.77%) Qualys