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Head Of Enterprise Risk Management Jobs in Silver Spring, MD

Sheppard Pratt

Director of Risk Management

Towson, MD

$106K - $175K/yr

Administer and maintain the Enterprise Risk Management (ERM) platform, including documenting ... Minimum of 5 years' experience in risk management is required. Experience in health care industry ...

Sheppard Pratt

Director of Risk Management

Towson, MD · On-site

$51.18 - $84.34/hr

Administer and maintain the Enterprise Risk Management (ERM) platform, including documenting ... Minimum of 5 years' experience in risk management is required. Experience in health care industry ...

Mary's Center

Director Risk Management

Washington, DC · On-site

$125K/yr

Working under the direction of the Vice President of Quality and Compliance, the Director is responsible for developing, implementing, and continuously improving enterprise risk management processes ...

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Head Of Enterprise Risk Management information

See Silver Spring, MD salary details

$55.8K

$148K

$268.8K

How much do head of enterprise risk management jobs pay per year?

As of Aug 7, 2026, the average yearly pay for head of enterprise risk management in Silver Spring, MD is $148,021.00, according to ZipRecruiter salary data. Most workers in this role earn between $109,100.00 and $173,200.00 per year, depending on experience, location, and employer.

How does the head of enterprise risk management typically collaborate with other departments to ensure organization-wide risk mitigation?

The Head of Enterprise Risk Management (ERM) works closely with leaders from departments such as finance, operations, compliance, and IT to identify, assess, and prioritize risks across the organization. This role often leads cross-functional risk committees, facilitates risk workshops, and communicates risk-related findings to senior leadership and the board. Collaboration is key, as the ERM head must ensure that risk management strategies are integrated into business processes and decision-making throughout the company. Building strong relationships and promoting a risk-aware culture are central responsibilities in this position.

What does a head of enterprise risk management do?

A Head of Enterprise Risk Management (ERM) is responsible for developing and overseeing an organization's risk management framework. This involves identifying, assessing, and prioritizing potential risks that could affect the company's operations, finances, reputation, or objectives. They collaborate with senior leadership to implement risk mitigation strategies, ensure compliance with relevant regulations, and promote a risk-aware culture throughout the organization. The Head of ERM also regularly reports on risk exposures and effectiveness of controls to the board and executive team.

What are the key skills and qualifications needed to thrive as a head of enterprise risk management, and why are they important?

To thrive as a Head Of Enterprise Risk Management, you need deep expertise in risk assessment, regulatory compliance, and financial analysis, typically supported by an advanced degree in business, finance, or a related field. Familiarity with risk management frameworks (such as COSO or ISO 31000), GRC platforms, and relevant certifications like FRM or CRM is essential. Exceptional leadership, strategic thinking, and strong communication skills enable effective cross-functional collaboration and influence at the executive level. These competencies ensure an organization can proactively identify, mitigate, and manage risks to achieve its business objectives.

What is the difference between Head Of Enterprise Risk Management vs Risk Manager?

AspectHead Of Enterprise Risk ManagementRisk Manager
CredentialsAdvanced degrees (MBA, Risk Management certifications)Bachelor's or master's in risk management, certifications like CRM or FRM
Work EnvironmentStrategic leadership, executive-level decision makingOperational risk assessment, implementing risk policies
Employer & Industry UsageLarge corporations, financial institutions, multinational companiesVarious industries including finance, insurance, manufacturing

The Head Of Enterprise Risk Management typically holds a senior leadership role focused on developing and overseeing enterprise-wide risk strategies, while the Risk Manager handles day-to-day risk assessments and mitigation efforts. Both roles require risk management credentials, but the Head Of Enterprise Risk Management operates at a strategic, executive level, guiding overall risk policies across the organization.

What are popular job titles related to Head Of Enterprise Risk Management jobs in Silver Spring, MD? For Head Of Enterprise Risk Management jobs in Silver Spring, MD, the most frequently searched job titles are:
What job categories do people searching Head Of Enterprise Risk Management jobs in Silver Spring, MD look for? The top searched job categories for Head Of Enterprise Risk Management jobs in Silver Spring, MD are:
What cities near Silver Spring, MD are hiring for Head Of Enterprise Risk Management jobs? Cities near Silver Spring, MD with the most Head Of Enterprise Risk Management job openings:
Head Of Enterprise Risk Management jobs near you
Infographic showing various Head Of Enterprise Risk Management job openings in Silver Spring, MD as of June 2026, with employment types broken down into 86% Full Time, 11% Part Time, and 3% Contract. Highlights an 85% In-person, 3% Hybrid, and 12% Remote job distribution, with an average salary of $148,021 per year, or $71.2 per hour.

Sr. Manager , Enterprise Risk Management

T Rowe Price

Baltimore, MD • Hybrid

Other

Re-posted 2 days ago

T. Rowe Price rating

9.1

Company rating: 9.1 out of 10

Based on 21 frontline employees who took The Breakroom Quiz

Job description

Role Summary

We are seeking an Enterprise Risk Management Senior Manager to join the Enterprise Risk team. This exciting role provides independent oversight of the Enterprise Risk Framework as well as the supporting programs and policies. The Enterprise Risk Senior Manager works with the second line Business Line Risk teams to increase knowledge, awareness and training of the ERM Framework and Polices and assists them with the Business execution of these programs. The position interacts with all levels of management and senior level executives; therefore, exceptional interpersonal and communication skills are essential.

The successful candidate will report into the Global Head of ERM, who reports directly into the Chief Risk Officer. Candidates must demonstrate strong initiative and be capable of managing multiple and diverse assignments.

Responsibilities

  • Assists the second line Business Line Risk teams with the identification, assessment, and mitigation of risks, including developing and coordinating the design/revision of templates supporting the risk activities

  • Strengthen Risk governance and oversight through enhancing policies, routines, or programs to ensure consistency and aggregation

  • Improves awareness of the firm's ERM Risk Framework and Risk policies, as well as strong industry risk oversight practices

  • Assists in identifying, aggregating, and assessing emerging risks facing the enterprise

  • Contributes to efforts developing a strong organizational risk culture and further develop the function's effectiveness as a second line of defense for the business or legal entity.

  • Assists in drafting and facilitating risk materials for various risk meetings and committees

Qualifications

Required:

  • Bachelor's degree or the equivalent combination of education and relevant experience

  • 8+ years of relevant experience in risk management, financial services, or related field

Preferred:

  • Risk management experience in a large financial services organization or management consultancy

  • Comprehensive knowledge of the end-to-end risk management lifecycle, risk frameworks, and governance structures

  • Proven ability to distill complex information into a consumable narrative for an executive and Board level audience

  • Strong understanding of how the use of Artificial Intelligence both introduces risks across a variety of risk categories, as well as provides opportunities for improved monitoring and reporting

  • Proven ability to identify and evaluate risk pathways and devise management strategies

  • Collaborative, team player with the ability to navigate a complex organization and influence outcomes

  • Strong analytical, problem solving and critical thinking skills

  • High attention to detail and strong organizational skills

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for hybrid work, with up to one day per week from home.

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