Venture Capital Risk Managers
Overview
Introduction
Risk managers identify, analyze, and seek to reduce or eliminate risks (e.g., technology, management, product, etc.) that will affect the profitability of venture capital firms and their portfolio companies. They are also known as risk officers and chief risk officers.
Quick Facts
Median Salary
Employment Prospects
Minimum Education Level
Experience
Skills
Personality Traits
Earnings
Risk managers earned median annual salaries of $112,546 in September 2020, according to Salary.com. Wages ranged from $83,935 or less to $143,655 or more. Risk management directors had average earnings of $142,248. The lowest 10 percent earned $106,429 or less, while the top 10 percent earned $183,217 or more.
Venture capital risk managers usually receive a generous benefits package, inc...
Work Environment
Risk management professionals typically work a standard 9 to 5, Monday through Friday schedule, but may need to occasionally work at night and on weekends during busy periods. This job can be stressful because there are many risk areas to monitor and failure to identify them can result in the loss of millions of dollars. A typical day for a risk manager might involve research and analysis in hi...
Outlook
Job opportunities for financial managers who work for firms that manage funds, trusts, and other financial vehicles will grow by 15 percent, much faster than the average, through 2029, according to the U.S. Department of Labor. The venture capital industry has been growing in recent years (although the activity level in the industry is roughly half of what it was at its 2000-era peak). Accordin...
