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Managing Director Risk Management Jobs in Baton Rouge, LA

Responsible for the coordination of the clinical risk management program in hospital affiliate entities. Collects and analyzes variance data, assesses potentially dangerous and unsafe events ...

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Managing Director Risk Management information

See Baton Rouge, LA salary details

$51.9K

$137.5K

$249.7K

How much do managing director risk management jobs pay per year?

As of Sep 10, 2026, the average yearly pay for managing director risk management in Baton Rouge, LA is $137,491.00, according to ZipRecruiter salary data. Most workers in this role earn between $101,300.00 and $160,800.00 per year, depending on experience, location, and employer.

What does a managing director risk management do?

A Managing Director of Risk Management is responsible for overseeing an organization's risk management strategies and policies. They identify, assess, and mitigate financial, operational, and strategic risks to protect the company's assets and reputation. This role involves leading risk assessment teams, developing risk management frameworks, and ensuring compliance with regulatory requirements. Managing Directors in this field also collaborate with senior leadership to develop business strategies that balance risk and growth objectives.

What are the key skills and qualifications needed to thrive as a managing director risk management?

To thrive as a Managing Director Risk Management, you need deep expertise in risk assessment, financial analysis, regulatory compliance, and typically an advanced degree in finance, economics, or a related field. Familiarity with risk modeling software, enterprise risk management (ERM) systems, and relevant certifications like FRM or PRM is common. Exceptional leadership, strategic thinking, and persuasive communication skills are vital for influencing stakeholders and guiding teams. These capabilities are crucial for effectively identifying, evaluating, and mitigating complex risks that can impact an organization's stability and growth.

What are some typical challenges a managing director risk management faces when aligning risk strategies with overall business objectives?

A Managing Director of Risk Management often encounters the challenge of balancing comprehensive risk mitigation with the need to support business innovation and growth. Navigating differing priorities among stakeholders, ensuring regulatory compliance across diverse markets, and keeping up with evolving risk landscapes are common hurdles. Success in this role requires strong communication and negotiation skills to align risk strategies with the organization’s broader goals, while fostering a collaborative environment among executive leadership and risk teams.

What is the difference between Managing Director Risk Management vs Chief Risk Officer?

AspectManaging Director Risk ManagementChief Risk Officer
CredentialsAdvanced degrees in finance, risk management certifications (FRM, PRM)Same as Managing Director Risk Management, often with extensive experience
Work EnvironmentExecutive leadership in financial institutions, corporationsCorporate headquarters, risk management departments
Industry UsageCommon in banking, insurance, large corporationsUsed interchangeably with Managing Director Risk Management in many firms

The Managing Director Risk Management and Chief Risk Officer roles often overlap in credentials, work environment, and industry usage. While titles may differ, both focus on overseeing risk strategies at an executive level, ensuring organizational risk is managed effectively.

What does a managing director risk management make?

A managing director in risk management typically earns a salary ranging from $150,000 to over $300,000 annually, depending on the industry, company size, and location. They often receive bonuses and benefits, and their compensation reflects their experience and leadership responsibilities in overseeing risk strategies and compliance.

Risk Management Manager 3

Baton Rouge, LA • On-site

Franciscan Missionaries of Our Lady Health System
Hospitals • 5 - 10K employees

Other

Posted 8 days ago


Franciscan Missionaries of Our Lady Health System rating

7.2

Company rating: 7.2 out of 10

Based on 38 frontline employees who took The Breakroom Quiz


Job description


Responsible for the coordination of the clinical risk management program in hospital affiliate entities. Collects and analyzes variance data, assesses potentially dangerous and unsafe events, promotes quality assurance activities and educates staff and managers on good risk management principles and their value in reducing overall liability for the organization.
Responsibilities
1. Risk Reduction
  • Develops programs for risk recognition, investigation, and reduction.
  • Manages incident reporting system and ensures timely follow up and investigation.

2. Documentation
  • Timely documentation and reporting.
  • Prepares accurate and comprehensive reports.
  • Prepares statistical reports of events for presentation to managers and sr. management teams.

3. Consultation and Partnerships
  • Manage on or more any of the following in accordance with hospital policy: Product Recall, Auto, Property, Security, Emergency Preparedness.
  • Manages on or more any of the following in accordance with hospital policy: Product Recall, Auto, Property, Security, Emergency Preparedness.
  • Presents educational programs for hospital personnel in an effort to reduce liability in the organization.

4. Claims Management
  • Manages claims in accordance with system policies. Sets accurate reserves.
  • Reports all potentials and lawsuits to appropriate insurance carriers in timely manner.
  • Works with attorneys to prepare documents for litigation. Works with employees to prepare them for litigation.
  • Reviews patient complaints that may have potential for litigation and negotiates fair settlements if prudent..

Qualifications
  • 3 years risk mgmt in health care, claims, or legal case review
  • RN graduate or BS in business
  • Ability to evaluate data. Excellent interpersonal skills
  • if RN must maintain current License

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About Franciscan Missionaries of Our Lady Health System

Sourced by ZipRecruiter

The Franciscan Missionaries of Our Lady Health System is the leading health care innovator in Louisiana. We bring together outstanding clinicians, the most advanced technology and leading research to ensure that our patients receive the highest quality and safest care possible.

Industry

Hospitals

Company size

5,001 - 10,000 Employees

Headquarters location

Baton Rouge, LA, US

Year founded

1911

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