How to become a risk management manager

Official title: Risk management manager

Also called: Business risk manager, Monitoring and risk management manager, Product risk manager, Risk administration manager, Risk management director, Head of Compliance, Head of Operational Risk Management, Head of Operations Risk and Control, Head of Risk, Head of Risk Strategy, Head of Sustainability Risk, Ÿ Business risk manager

Risk management manager plans, organises, directs and coordinates the management of risk exposure and compliance policies in the organisation and its products. He/she develops and defines organisational policies, frameworks and strategies related to risks and compliance. He/she establishes risk criteria for compliance and oversees identification, monitoring, measurement and mitigation of operational and product-related risks.

Main tasks

• Developing, implementing and monitoring strategic plans, programmes, policies, processes, systems and procedures to achieve goals, objectives and work standards
• Developing, directing, administering and participating in policy research and analysis
• Coordinating the implementation of policies and practices
• Establishing activity measures and measurements of accountability
• Planning and directing daily operations
• Representing the enterprise or organisation in negotiations, and at conventions, seminars, public hearings and forums
• Establishing and managing budgets, controlling expenditure and ensuring the efficient use of resources

Ways in

• University: Business & Commerce degrees, Offered by 6 universities in Singapore

Pay · Outlook · AI and this job

• Median pay: $143,352 a year. The middle half earn $90,696 to $219,984 a year.
• Generative AI can do relatively little of this work, by the ILO's global estimate.

Related jobs

• Policy manager
• Strategic planning manager
• Budgeting/Financial accounting manager
• Administration manager
• Audit manager
• Personnel/Human resource manager

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Questions people ask

How do I become a risk management manager?

Ways in include: Business & Commerce degrees.

How much does a risk management manager earn in Singapore?

Median full-time pay is $143,352 a year (Ministry of Manpower (via data.gov.sg)). The middle half earn $90,696 to $219,984.

Will AI change the work of a risk management manager?

Generative AI can do relatively little of this work, by the ILO's global estimate.

Sources

• Ministry of Manpower (via data.gov.sg): Resident Occupational Wages (Occupational Wage Survey) (June 2024 (data.gov.sg update 2026-04-01)), Singapore Open Data Licence v1.0, retrieved 4 October 2026
• International Labour Organization, Generative AI and Jobs: A Refined Global Index of Occupational Exposure (ILO Working Paper 140, Gmyrek et al.) (ILO Working Paper 140, May 2025, Annex Table A1), CC BY 4.0, retrieved 4 October 2026

Updated 4 October 2026