Risk management is a career that has long flown under the radar. Because it is not a common job choice, a frequent question of risk managers is how they found their way into the profession. Risk managers say they wouldn’t do anything else. The reasons they list include interesting duties that differ from day to day, opportunities for creative thinking and problem-solving, and collaboration with other areas in their company.
Now CNN Money has made the job’s advantages official, listing risk management director as the “second best job in America” of the top 100 “careers with big growth, great pay and satisfying work.”
According to CNN Money:
The job has evolved in recent years to be about more than just natural disasters. Directors are now also tasked with identifying, preventing, and planning for all the risks a company might face, from cybersecurity breaches to a stock market collapse.
Asked why she thinks the job is great, Julie Pemberton, vice president at Diatom Ventures and RIMS 2016 president, told CNN Money:
As they uncover new risks, risk management directors must also advise the company on how to address them. That keeps me totally engaged and gives me the ability to be creative and find solutions for the business. I’m constantly contributing to the business in a meaningful way.
The job as risk management director was given a grade “A” for personal satisfaction, “A” for its benefit to society, “B” for telecommuting and “B” for low stress. Top pay for the job was listed as $200,000 with median pay of $131,000.