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Professional Risk Manager information
See Chicago, IL salary details
$53.1K - $64.1K
4% of jobs
$64.1K - $75.2K
6% of jobs
$75.2K - $86.3K
11% of jobs
$90.5K is the 25th percentile. Wages below this are outliers.
$86.3K - $97.4K
11% of jobs
The median wage is $106.3K / yr.
$97.4K - $108.5K
23% of jobs
$108.5K - $119.6K
13% of jobs
$127K is the 75th percentile. Wages above this are outliers.
$119.6K - $130.7K
12% of jobs
$130.7K - $141.8K
8% of jobs
$141.8K - $152.9K
6% of jobs
$152.9K - $164K
4% of jobs
$164K - $175.1K
2% of jobs
$53.1K
$114.9K
$175.1K
How much do professional risk manager jobs pay per year?
What is the difference between Professional Risk Manager vs Risk Analyst?
| Aspect | Professional Risk Manager | Risk Analyst |
|---|---|---|
| Certifications | FRM, PRM | CFA, FRM (optional) |
| Work Environment | Strategic, managerial, decision-making roles in finance, insurance, or corporate sectors | Data analysis, risk assessment, reporting in finance or banking |
| Employer & Industry Usage | Financial institutions, corporations, consulting firms | Banks, investment firms, insurance companies |
The Professional Risk Manager typically holds strategic responsibilities, focusing on risk policies and mitigation strategies, often requiring certifications like FRM or PRM. Risk Analysts primarily perform data-driven risk assessments and reporting. While both roles work within the risk management field, the Professional Risk Manager has a broader scope involving decision-making and policy development, whereas Risk Analysts focus on analyzing data to inform those decisions.
What does a professional risk manager do?
What are the key skills and qualifications needed to thrive as a Professional Risk Manager, and why are they important?
What jobs pay 500,000 a year in the US?
How much does a risk manager get paid?
What jobs make $1,000,000 a year?
How does a Professional Risk Manager typically collaborate with other departments within an organization?

TA Director, Risk Management Lead - Multiple Therapeutic Areas (Hybrid)
North Chicago, IL • On-site
Full-time
Medical, Dental, Vision, Retirement, PTO
Posted 8 days ago
AbbVie rating
8.7
Based on 100 frontline employees who took The Breakroom Quiz
14th of 86 rated pharmaceutical
Job description
About AbbVie
AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas including immunology, oncology and neuroscience - and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on LinkedIn, Facebook, Instagram, X and YouTube.
The TA Director of Risk Management Leads is responsible for overseeing and advancing risk management strategy, practices, and performance across clinical development portfolios within Immunology, Neuroscience, Aesthetics /Eye Care /Specialty therapeutic areas. This leader drives risk identification, assessment, mitigation, and monitoring, ensuring a critical-to-quality, data-driven approach is embedded in protocol design and study operations. By developing and leading a high-performing team of Risk Management Leads, the TA Director ensures effective oversight, RAMP accountability, and continuous improvement in risk management practices, with a specific focus on addressing resource gaps related to RAMP entry work and the implementation of risk-based study modifications.
Key Responsibilities:
- Drive portfolio-level risk identification and mitigation strategies in partnership with therapeutic area teams, enhancing proactive management of study and program risks.
- Support and collaborate with the Integrated Evidence Strategy Team (IEST) to embed critical-to-quality elements into protocol design, ensuring data collection is focused on decision-making needs.
- Lead, develop, and mentor a team of Risk Management Leads, fostering expertise, collaboration, and innovation in risk-based quality management.
- Oversee the development and execution of therapeutic area risk insights, dashboards, and mitigation plans, promoting a deep understanding of risk drivers and solutions.
- Ensure robust RAMP (Risk Assessment and Mitigation Plan) processes, tracking accountability and ensuring timely, data-driven risk action planning.
- Address resource gaps by overseeing RAMP entry work and supporting the implementation of risk-based modifications to the scope of studies assigned to Study Risk Leads (SRLs), advocating for full resource needs where required.
- Collaborate with cross-functional stakeholders (including Clinical Site Management, Clinical Study Leadership, Data Science, and Compliance) to ensure alignment and consistency in risk management practices.
- Contribute to the development, standardization, and continuous improvement of risk management best practices, metrics, and training across the organization.
Impact and Influence:
- Deepens portfolio and program risk management capabilities and accountability.
- Leads a critical-to-quality, focused approach to data collection, supporting pipeline decision-making on sound data.
- Supports a culture of continuous improvement, transparency, and evidence-driven risk mitigation.
**This is a hybrid position working on-site T-TH. Candidates must be local to Lake County, IL or Irvine, CA and work on-site 3 days a week.
- Minimum of a bachelor's degree in life sciences, healthcare, pharmacy, nursing, or a related field; an advanced degree (Master's, PharmD, PhD, MD) is strongly preferred.
- At least 15 years of experience in clinical research, clinical operations, or study/data risk management, with a minimum of 5 years in a leadership or people management capacity.
- Demonstrated expertise in risk-based quality management (RBQM), including experience applying ICH-GCP E6(R2) risk-based methodology and risk management best practices in clinical development.
- Direct hands-on experience with portfolio-level risk assessments, Risk Assessment and Mitigation Planning (RAMP), and implementing risk-based modifications across multiple clinical programs/therapeutic areas.
- Strong knowledge of relevant regulatory guidelines (FDA, EMA, ICH), Good Clinical Practice (GCP), and global health authority requirements for clinical trials.
- Professional risk management certifications are highly desirable (e.g., ASQ Certified Manager of Quality & Organizational Excellence, Chartered Enterprise Risk Analyst (CERA), Certified Risk Manager (CRM), Professional Risk Manager (PRM), ASQ Risk Management Specialized Credential, or equivalent experience).
- Experience with critical-to-quality (CtQ) elements, protocol design input, and collaboration with evidence strategy teams preferred.
- Demonstrated success developing, mentoring, and leading teams, preferably in a matrixed global environment.
- Advanced skills in data analytics, dashboarding, and the use of data visualization tools (e.g., Excel, Power BI, Tableau) for risk oversight and decision-making support.
- Excellent interpersonal skills; able to communicate complex concepts clearly, persuade stakeholders, and foster cross-functional collaboration.
Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law:
The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this postingbased on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more orless than the posted range. This range may be modified in the future.
We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.
This job is eligible to participate in our short-term incentive programs.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission,incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless and until paidand may be modified at the Company's sole and absolute discretion, consistent with applicable law.
AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives and serving our community. Equal Opportunity Employer/Veterans/Disabled.
US & Puerto Rico only - to learn more, visit https://www.abbvie.com/join-us/equal-employment-opportunity-employer.html
US & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more:
https://www.abbvie.com/join-us/reasonable-accommodations.html
About AbbVie
Sourced by ZipRecruiter
AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, women's health, and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, Facebook, Instagram, YouTube, and LinkedIn.
Industry
Scientific research and development services
Company size
10,000+ Employees
Headquarters location
North Chicago, IL, US
Year founded
2013