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Managing Director Risk Management Jobs in Boston, MA

Kroll

Managing Director, Cyber Risk (Boston)

Boston, MA · On-site

We are seeking a Managing Director to lead and expand our Cybersecurity Advisory practice serving ... The ideal candidate brings deep expertise in cybersecurity strategy and risk management, a strong ...

The Schochet Companies

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Director of Risk Management

Braintree, MA · On-site

$130K - $140K/yr

Schochet is looking for an experienced Director of Risk Management to lead our company-wide risk ... Hands-on experience managing insurance claims and risk programs. * Strong analytical, communication ...

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Managing Director Risk Management information

See Boston, MA salary details

$58.7K

$155.6K

$282.5K

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

As of Sep 9, 2026, the average yearly pay for managing director risk management in Boston, MA is $155,556.00, according to ZipRecruiter salary data. Most workers in this role earn between $114,600.00 and $182,000.00 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.
Managing Director Risk Management jobs near you
Infographic showing various Managing Director Risk Management job openings in Boston, MA as of September 2026, with employment types broken down into 94% Full Time, and 6% Part Time. Highlights an 82% In-person, 12% Hybrid, and 6% Remote job distribution, with an average salary of $155,556 per year, or $74.8 per hour.

Managing Director, Cyber Risk (Boston)

Boston, MA • On-site

Kroll
Business Management Consulting • 5 - 10K employees
Learn more about Krollexternal

Full-time

This job post has expired today. Applications are no longer accepted.

Kroll rating

7.4

Company rating: 7.4 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

Job description

We are seeking a Managing Director to lead and expand our Cybersecurity Advisory practice serving the Private Equity (PE) sector. This executive will be responsible for driving growth, developing trusted relationships with PE sponsors and portfolio company executives, and delivering strategic cybersecurity advisory services that enhance investment outcomes and enterprise value.

The Managing Director will work directly with private equity firms, operating partners, deal teams, boards, and portfolio company leadership to assess cyber risk, identify value creation opportunities, support transactions, and build resilient cybersecurity programs. This role combines business development, client leadership, thought leadership, and practice management responsibilities.

The ideal candidate brings deep expertise in cybersecurity strategy and risk management, a strong network within the private equity ecosystem, and a proven track record of leading high-performing consulting teams and generating significant annual revenue.

Key Responsibilities Business Development & Client Leadership
  • Develop and execute the firm's Private Equity Cybersecurity Advisory growth strategy.
  • Build and maintain C-suite and executive-level relationships with private equity sponsors, operating partners, investment professionals, and portfolio company leadership teams.
  • Originate, qualify, and close new advisory engagements across the PE lifecycle.
  • Serve as the executive sponsor for strategic client relationships and key accounts.
  • Achieve individual and practice revenue, profitability, and growth objectives.
  • Identify opportunities to cross-sell broader risk, technology, operational, and value creation advisory services.
Transaction Advisory
  • Lead cybersecurity diligence engagements for buy-side and sell-side transactions.
  • Advise investors on cyber risks that may impact valuation, deal structure, integration strategy, or post-close investments.
  • Assess cybersecurity maturity, regulatory exposure, technology risks, and operational resilience of prospective acquisition targets.
  • Deliver actionable recommendations that enable informed investment decisions and accelerated value creation.
Portfolio Value Creation
  • Partner with PE sponsors and portfolio company executives to develop cyber transformation and risk reduction roadmaps.
  • Design and oversee cybersecurity improvement programs that support growth, scalability, and exit readiness.
  • Guide executives in strengthening cyber governance, third-party risk management, incident response, cloud security, identity management, and regulatory compliance.
  • Advise boards and management teams on cybersecurity strategy and enterprise risk.
Practice Leadership
  • Build, lead, and mentor a team of cybersecurity consultants and engagement leaders.
  • Establish methodologies, service offerings, intellectual property, and delivery standards.
  • Drive recruitment, talent development, and succession planning initiatives.
  • Contribute to overall firm strategy and participate as a senior member of the leadership team.
Thought Leadership
  • Represent the firm in industry conferences, private equity events, and executive forums.
  • Publish insights on cybersecurity trends, transaction-related cyber risks, and emerging threats affecting PE-backed organizations.
  • Develop market-facing content that strengthens the firm's brand and market presence.
Qualifications
  • Bachelor’s degree in information security, Computer Science, Business, Engineering, or related field.
  • 15+ years of progressive experience in cybersecurity consulting, advisory services, risk management, or related fields.
  • 7+ years serving private equity firms, investment organizations, or PE-backed portfolio companies.
  • Established network within private equity firms, operating partner communities, investment bankers, and PE-backed portfolio companies.
  • Experience at a leading consulting firm, cybersecurity advisory practice, Big Four firm, or specialized PE advisory organization.
  • Demonstrated success generating and managing a significant consulting revenue portfolio.
  • Deep understanding of cybersecurity strategy, risk management, governance, cloud security, resilience, and regulatory compliance.
  • Experience leading cybersecurity due diligence and post-acquisition value creation initiatives.
  • Strong executive presence with the ability to influence boards, investors, and C-suite stakeholders.
  • Industry certifications such as CISSP, CISM, CRISC, CISA, or equivalent.
  • Proven experience leading large consulting teams and complex client engagements.
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