ERM & Operational Risk Salary Guide: East Coast
Enterprise Risk Management and Operational Risk compensation across the East Coast is shaped by the concentration of global banks, insurers, asset managers, fintechs and highly regulated financial institutions. New York continues to set the regional benchmark, while Boston, Washington DC, Philadelphia, Wilmington and Pittsburgh provide strong demand across ERM, operational risk, IT risk, resilience and third-party risk functions.
At senior level, salary benchmarking is influenced by regulatory accountability, enterprise risk ownership, operational resilience exposure, board reporting, technology risk oversight, third-party governance and the complexity of the institution. These ranges should be used as market benchmarks rather than fixed salary expectations.
| Role / Title | Level | New York, NY | Boston, MA | Washington, DC | Philadelphia, PA | Wilmington, DE | Pittsburgh, PA |
|---|---|---|---|---|---|---|---|
| C-Suite | |||||||
| Chief Risk Officer – ERM Focus | C-Suite | $270k–$475k+ | $235k–$415k+ | $230k–$400k+ | $205k–$360k+ | $185k–$320k | $180k–$320k |
| Deputy CRO / Head of Enterprise Risk | C-Suite | $245k–$365k+ | $210k–$320k | $205k–$310k | $185k–$280k | $165k–$250k | $165k–$245k |
| VP / Director | |||||||
| VP of Enterprise Risk Management | VP / Director | $210k–$290k | $185k–$255k | $180k–$245k | $160k–$220k | $145k–$200k | $140k–$195k |
| VP of Operational Risk | VP / Director | $200k–$285k | $175k–$250k | $170k–$240k | $155k–$215k | $140k–$195k | $135k–$190k |
| VP of IT / Technology Risk | VP / Director | $210k–$295k | $185k–$260k | $180k–$255k | $160k–$225k | $145k–$200k | $140k–$200k |
| Director of Operational Risk | VP / Director | $190k–$265k | $165k–$230k | $160k–$225k | $145k–$200k | $130k–$180k | $125k–$175k |
| Director of IT & Cyber Risk | VP / Director | $195k–$275k | $170k–$240k | $165k–$235k | $150k–$210k | $135k–$190k | $130k–$185k |
| Director of Third-Party / Vendor Risk | VP / Director | $180k–$255k | $160k–$225k | $155k–$220k | $140k–$195k | $125k–$175k | $125k–$175k |
| Head of Function | |||||||
| Head of Operational Risk | Head of Function | $195k–$270k | $170k–$235k | $165k–$230k | $150k–$205k | $135k–$185k | $130k–$180k |
| Head of IT Risk & Resilience | Head of Function | $200k–$285k | $175k–$250k | $170k–$240k | $155k–$215k | $140k–$195k | $135k–$190k |
| Head of Third-Party Risk | Head of Function | $180k–$250k | $160k–$220k | $155k–$215k | $140k–$190k | $125k–$170k | $125k–$170k |
| Senior Specialist | |||||||
| Senior Operational Risk Manager | Senior Specialist | $150k–$210k | $130k–$185k | $125k–$180k | $115k–$160k | $100k–$145k | $100k–$140k |
| Senior IT Risk Manager | Senior Specialist | $155k–$215k | $135k–$190k | $130k–$185k | $120k–$165k | $105k–$145k | $105k–$145k |
| Senior ERM Manager | Senior Specialist | $155k–$210k | $135k–$185k | $130k–$180k | $120k–$160k | $105k–$145k | $105k–$140k |
New York sets the East Coast ceiling
The highest ERM and operational risk salaries remain concentrated in New York, where global banks, asset managers and regulated institutions compete for senior risk leadership.
Technology risk is a key premium area
IT risk, cyber risk, operational resilience and third-party risk continue to command strong packages as institutions increase focus on technology governance.
Broadgate benchmarks regional hiring
Broadgate supports salary benchmarking for ERM, operational risk, IT risk, resilience and third-party risk appointments across East Coast financial services markets.
ERM & Operational Risk Salary Guide: West Coast
West Coast compensation for enterprise risk, operational risk, technology risk and third-party risk professionals is shaped by the region’s concentration of technology-led financial services, fintech, payments, banking and digital platform businesses. San Francisco, Los Angeles and Seattle continue to command premium salaries for senior risk leaders who can operate across governance, resilience, regulatory expectations and complex operating models.
At senior level, market value is rarely driven by title alone. Compensation is influenced by regulatory accountability, board exposure, enterprise risk ownership, operational resilience, technology risk expertise, third-party governance and the ability to support fast-moving businesses through scale, transformation and increased regulatory scrutiny.
| Role / Title | Level | San Francisco, CA | Los Angeles, CA | Seattle, WA |
|---|---|---|---|---|
| C-Suite | ||||
| Chief Risk Officer – ERM Focus | C-Suite | $255k–$450k+ | $220k–$385k+ | $225k–$390k+ |
| Deputy CRO / Head of Enterprise Risk | C-Suite | $230k–$345k | $200k–$295k | $200k–$300k |
| VP / Director | ||||
| VP of Enterprise Risk Management | VP / Director | $200k–$275k | $170k–$235k | $175k–$240k |
| VP of Operational Risk | VP / Director | $190k–$270k | $165k–$230k | $170k–$235k |
| VP of IT / Technology Risk | VP / Director | $200k–$280k | $170k–$240k | $175k–$245k |
| Director of Operational Risk | VP / Director | $180k–$250k | $155k–$215k | $155k–$220k |
| Director of IT & Cyber Risk | VP / Director | $185k–$260k | $160k–$225k | $160k–$230k |
| Director of Third-Party / Vendor Risk | VP / Director | $175k–$245k | $150k–$210k | $150k–$215k |
| Head of Function | ||||
| Head of Operational Risk | Head of Function | $185k–$255k | $160k–$220k | $160k–$225k |
| Head of IT Risk & Resilience | Head of Function | $190k–$270k | $165k–$230k | $170k–$235k |
| Head of Third-Party Risk | Head of Function | $175k–$235k | $150k–$205k | $150k–$205k |
| Senior Specialist | ||||
| Senior Operational Risk Manager | Senior Specialist | $140k–$200k | $120k–$170k | $125k–$175k |
| Senior IT Risk Manager | Senior Specialist | $145k–$205k | $125k–$175k | $130k–$180k |
| Senior ERM Manager | Senior Specialist | $145k–$200k | $125k–$170k | $130k–$175k |
San Francisco sets the regional ceiling
Senior ERM, operational risk and technology risk compensation remains highest in San Francisco, driven by fintech, banking, payments and technology-led financial services employers.
Technology risk remains a major premium area
Demand is strongest for leaders who can connect operational resilience, cyber risk, third-party risk and enterprise governance across complex digital operating environments.
Broadgate benchmarks West Coast risk hiring
Broadgate supports salary benchmarking, competitor analysis and market mapping for ERM, operational risk, technology risk and third-party risk appointments across the West Coast.
ERM & Operational Risk Salary Guide: Midwest
The Midwest remains a major market for enterprise risk, operational risk, technology risk and resilience hiring, supported by large banking groups, insurers, payments businesses and financial services operations across Chicago, Minneapolis and Kansas City.
Compensation across the region is shaped by regulatory accountability, enterprise risk maturity, technology resilience requirements, third-party risk exposure and the ability to lead risk frameworks across complex, multi-state financial institutions.
| Role / Title | Level | Chicago, IL | Minneapolis, MN | Kansas City, MO |
|---|---|---|---|---|
| C-Suite | ||||
| Chief Risk Officer – ERM Focus | C-Suite | $215k–$380k+ | $190k–$335k | $180k–$310k |
| Deputy CRO / Head of Enterprise Risk | C-Suite | $195k–$290k | $175k–$260k | $160k–$240k |
| VP / Director | ||||
| VP of Enterprise Risk Management | VP / Director | $165k–$230k | $150k–$205k | $140k–$190k |
| VP of Operational Risk | VP / Director | $160k–$225k | $145k–$200k | $135k–$185k |
| VP of IT / Technology Risk | VP / Director | $165k–$240k | $150k–$210k | $140k–$195k |
| Director of Operational Risk | VP / Director | $150k–$210k | $135k–$185k | $125k–$175k |
| Director of IT & Cyber Risk | VP / Director | $155k–$220k | $140k–$195k | $130k–$180k |
| Director of Third-Party / Vendor Risk | VP / Director | $145k–$205k | $130k–$180k | $120k–$170k |
| Head of Function | ||||
| Head of Operational Risk | Head of Function | $155k–$215k | $140k–$190k | $130k–$180k |
| Head of IT Risk & Resilience | Head of Function | $160k–$225k | $145k–$200k | $135k–$185k |
| Head of Third-Party Risk | Head of Function | $145k–$200k | $130k–$180k | $120k–$165k |
| Senior Specialist | ||||
| Senior Operational Risk Manager | Senior Specialist | $120k–$165k | $105k–$150k | $100k–$140k |
| Senior IT Risk Manager | Senior Specialist | $125k–$175k | $110k–$155k | $100k–$140k |
| Senior ERM Manager | Senior Specialist | $125k–$165k | $110k–$150k | $100k–$140k |
Chicago sets the regional benchmark
Chicago remains the Midwest's highest-paying ERM and operational risk market, supported by major banks, insurers and financial services firms.
Technology risk remains resilient
IT risk, cyber risk and resilience roles continue to attract strong compensation as firms invest in operational resilience and vendor oversight.
Broadgate benchmarks Midwest hiring
Broadgate supports ERM, operational risk, technology risk and third-party risk salary benchmarking across the Midwest market.
ERM & Operational Risk Salary Guide: Midwest
The Midwest remains a major market for enterprise risk, operational risk, technology risk and resilience hiring, supported by large banking groups, insurers, payments businesses and financial services operations across Chicago, Minneapolis and Kansas City.
Compensation across the region is shaped by regulatory accountability, enterprise risk maturity, technology resilience requirements, third-party risk exposure and the ability to lead risk frameworks across complex, multi-state financial institutions.
| Role / Title | Level | Chicago, IL | Minneapolis, MN | Kansas City, MO |
|---|---|---|---|---|
| C-Suite | ||||
| Chief Risk Officer – ERM Focus | C-Suite | $215k–$380k+ | $190k–$335k | $180k–$310k |
| Deputy CRO / Head of Enterprise Risk | C-Suite | $195k–$290k | $175k–$260k | $160k–$240k |
| VP / Director | ||||
| VP of Enterprise Risk Management | VP / Director | $165k–$230k | $150k–$205k | $140k–$190k |
| VP of Operational Risk | VP / Director | $160k–$225k | $145k–$200k | $135k–$185k |
| VP of IT / Technology Risk | VP / Director | $165k–$240k | $150k–$210k | $140k–$195k |
| Director of Operational Risk | VP / Director | $150k–$210k | $135k–$185k | $125k–$175k |
| Director of IT & Cyber Risk | VP / Director | $155k–$220k | $140k–$195k | $130k–$180k |
| Director of Third-Party / Vendor Risk | VP / Director | $145k–$205k | $130k–$180k | $120k–$170k |
| Head of Function | ||||
| Head of Operational Risk | Head of Function | $155k–$215k | $140k–$190k | $130k–$180k |
| Head of IT Risk & Resilience | Head of Function | $160k–$225k | $145k–$200k | $135k–$185k |
| Head of Third-Party Risk | Head of Function | $145k–$200k | $130k–$180k | $120k–$165k |
| Senior Specialist | ||||
| Senior Operational Risk Manager | Senior Specialist | $120k–$165k | $105k–$150k | $100k–$140k |
| Senior IT Risk Manager | Senior Specialist | $125k–$175k | $110k–$155k | $100k–$140k |
| Senior ERM Manager | Senior Specialist | $125k–$165k | $110k–$150k | $100k–$140k |
Chicago sets the regional benchmark
Chicago remains the Midwest's highest-paying ERM and operational risk market, supported by major banks, insurers and financial services firms.
Technology risk remains resilient
IT risk, cyber risk and resilience roles continue to attract strong compensation as firms invest in operational resilience and vendor oversight.
Broadgate benchmarks Midwest hiring
Broadgate supports ERM, operational risk, technology risk and third-party risk salary benchmarking across the Midwest market.
ERM & Operational Risk Salary Guide: South / Southeast
The South and Southeast remain important hiring markets for enterprise risk management, operational risk, technology risk and third-party risk talent. Compensation is shaped by regional banking hubs, fintech growth, insurance presence, risk transformation programmes and the continued build-out of second-line risk functions.
Across Charlotte, Atlanta, Miami, Nashville, Tampa and Jacksonville, salary levels vary by institution size, regulatory complexity, reporting line, technology exposure and whether the role carries enterprise, operational, cyber, resilience or vendor risk accountability.
| Role / Title | Level | Charlotte, NC | Atlanta, GA | Miami, FL | Nashville, TN | Tampa, FL | Jacksonville, FL |
|---|---|---|---|---|---|---|---|
| C-Suite | |||||||
| Chief Risk Officer – ERM Focus | C-Suite | $190k–$330k | $190k–$335k | $210k–$370k+ | $185k–$325k | $185k–$325k | $180k–$320k |
| Deputy CRO / Head of Enterprise Risk | C-Suite | $170k–$255k | $175k–$260k | $190k–$285k | $165k–$250k | $165k–$250k | $165k–$245k |
| VP / Director | |||||||
| VP of Enterprise Risk Management | VP / Director | $145k–$205k | $150k–$205k | $165k–$225k | $145k–$200k | $145k–$200k | $140k–$195k |
| VP of Operational Risk | VP / Director | $140k–$200k | $145k–$200k | $160k–$220k | $140k–$195k | $140k–$195k | $135k–$190k |
| VP of IT / Technology Risk | VP / Director | $145k–$210k | $150k–$210k | $165k–$230k | $145k–$205k | $145k–$205k | $140k–$200k |
| Director of Operational Risk | VP / Director | $135k–$185k | $135k–$185k | $145k–$205k | $130k–$180k | $130k–$180k | $125k–$175k |
| Director of IT & Cyber Risk | VP / Director | $140k–$195k | $140k–$195k | $150k–$215k | $135k–$190k | $135k–$190k | $130k–$185k |
| Director of Third-Party / Vendor Risk | VP / Director | $130k–$180k | $130k–$180k | $140k–$200k | $125k–$175k | $125k–$175k | $125k–$175k |
| Head of Function | |||||||
| Head of Operational Risk | Head of Function | $140k–$190k | $140k–$190k | $150k–$210k | $135k–$185k | $135k–$185k | $130k–$180k |
| Head of IT Risk & Resilience | Head of Function | $140k–$200k | $145k–$200k | $160k–$220k | $140k–$195k | $140k–$195k | $135k–$190k |
| Head of Third-Party Risk | Head of Function | $130k–$175k | $130k–$180k | $140k–$195k | $125k–$170k | $125k–$170k | $125k–$170k |
| Senior Specialist | |||||||
| Senior Operational Risk Manager | Senior Specialist | $105k–$145k | $105k–$150k | $115k–$165k | $100k–$145k | $100k–$145k | $100k–$140k |
| Senior IT Risk Manager | Senior Specialist | $110k–$150k | $110k–$155k | $120k–$170k | $105k–$150k | $105k–$150k | $105k–$145k |
| Senior ERM Manager | Senior Specialist | $110k–$145k | $110k–$150k | $120k–$165k | $105k–$145k | $105k–$145k | $105k–$140k |
Charlotte anchors regional risk hiring
Charlotte remains a major banking and risk hub, with strong demand for ERM, operational risk, resilience and technology risk professionals.
Miami commands senior premiums
Miami often sits above other Southeast markets for senior risk leadership, reflecting wealth, fintech and financial services growth.
Broadgate benchmarks Southeast hiring
Broadgate supports regional salary benchmarking for ERM, operational risk, technology risk, cyber risk and third-party risk appointments.
ERM & Operational Risk Salary Guide: South Central
South Central ERM and Operational Risk hiring is led by Dallas, Houston and Austin, where financial services, energy, technology and payments employers continue to invest in enterprise risk, operational resilience, third-party risk and technology risk capability.
Compensation varies by institution size, regulatory exposure, risk ownership, technology complexity and leadership accountability. Senior candidates with enterprise-wide risk, IT resilience, vendor risk or board-facing experience typically command the strongest packages.
| Role / Title | Level | Dallas, TX | Houston, TX | Austin, TX |
|---|---|---|---|---|
| C-Suite | ||||
| Chief Risk Officer – ERM Focus | C-Suite | $195k–$340k | $190k–$330k | $195k–$345k |
| Deputy CRO / Head of Enterprise Risk | C-Suite | $175k–$260k | $170k–$255k | $175k–$265k |
| VP / Director | ||||
| VP of Enterprise Risk Management | VP / Director | $150k–$210k | $145k–$200k | $150k–$210k |
| VP of Operational Risk | VP / Director | $145k–$205k | $140k–$195k | $145k–$205k |
| VP of IT / Technology Risk | VP / Director | $150k–$215k | $145k–$205k | $150k–$215k |
| Director of Operational Risk | VP / Director | $135k–$190k | $130k–$185k | $135k–$190k |
| Director of IT & Cyber Risk | VP / Director | $140k–$200k | $135k–$195k | $140k–$200k |
| Director of Third-Party / Vendor Risk | VP / Director | $130k–$185k | $125k–$180k | $130k–$185k |
| Head of Function | ||||
| Head of Operational Risk | Head of Function | $140k–$195k | $135k–$190k | $140k–$195k |
| Head of IT Risk & Resilience | Head of Function | $145k–$205k | $140k–$195k | $145k–$205k |
| Head of Third-Party Risk | Head of Function | $130k–$180k | $125k–$175k | $130k–$180k |
| Senior Specialist | ||||
| Senior Operational Risk Manager | Senior Specialist | $105k–$150k | $105k–$145k | $110k–$150k |
| Senior IT Risk Manager | Senior Specialist | $110k–$155k | $110k–$150k | $115k–$155k |
| Senior ERM Manager | Senior Specialist | $110k–$150k | $110k–$145k | $115k–$150k |
Texas remains a major risk hub
Dallas, Houston and Austin offer strong demand across ERM, operational risk, IT risk and resilience, supported by financial services, energy and technology employers.
Technology risk is a salary driver
Employers continue to pay premiums for candidates who can connect enterprise risk with cyber, resilience, vendor risk and operational control frameworks.
Broadgate benchmarks regional hiring
Broadgate supports salary benchmarking and market mapping across South Central ERM, operational risk, technology risk and third-party risk hiring.
ERM & Operational Risk Salary Guide: Mountain / Southwest
Mountain and Southwest compensation for enterprise risk, operational risk, technology risk and third-party risk professionals reflects a growing market across Denver, Salt Lake City and Phoenix. Hiring is shaped by the expansion of regional banking, fintech, payments, insurance and financial services operations, alongside continued demand for risk leaders who can support governance, resilience and scalable control frameworks.
At senior level, compensation is influenced by regulatory accountability, operational resilience, board exposure, enterprise risk ownership, technology risk expertise and the ability to build risk functions in fast-growing regional markets. Denver typically sets the regional ceiling, while Salt Lake City and Phoenix remain active value markets for senior risk talent.
| Role / Title | Level | Denver, CO | Salt Lake City, UT | Phoenix, AZ |
|---|---|---|---|---|
| C-Suite | ||||
| Chief Risk Officer – ERM Focus | C-Suite | $210k–$365k+ | $180k–$315k | $190k–$330k |
| Deputy CRO / Head of Enterprise Risk | C-Suite | $185k–$280k | $160k–$245k | $170k–$255k |
| VP / Director | ||||
| VP of Enterprise Risk Management | VP / Director | $160k–$225k | $140k–$195k | $145k–$200k |
| VP of Operational Risk | VP / Director | $155k–$220k | $135k–$190k | $140k–$195k |
| VP of IT / Technology Risk | VP / Director | $160k–$230k | $140k–$200k | $145k–$205k |
| Director of Operational Risk | VP / Director | $145k–$205k | $125k–$175k | $130k–$185k |
| Director of IT & Cyber Risk | VP / Director | $150k–$215k | $130k–$185k | $135k–$195k |
| Director of Third-Party / Vendor Risk | VP / Director | $140k–$200k | $120k–$170k | $125k–$180k |
| Head of Function | ||||
| Head of Operational Risk | Head of Function | $150k–$210k | $130k–$180k | $135k–$190k |
| Head of IT Risk & Resilience | Head of Function | $155k–$220k | $135k–$190k | $140k–$195k |
| Head of Third-Party Risk | Head of Function | $140k–$190k | $120k–$165k | $125k–$175k |
| Senior Specialist | ||||
| Senior Operational Risk Manager | Senior Specialist | $115k–$160k | $100k–$140k | $105k–$145k |
| Senior IT Risk Manager | Senior Specialist | $120k–$165k | $105k–$145k | $110k–$150k |
| Senior ERM Manager | Senior Specialist | $120k–$160k | $105k–$140k | $110k–$145k |
Denver sets the regional ceiling
Denver continues to command the strongest Mountain / Southwest compensation, particularly for ERM, operational risk and technology risk leadership roles.
Growth markets remain competitive
Salt Lake City and Phoenix remain active hiring markets for senior risk specialists as financial services, fintech and operational hubs continue to expand.
Broadgate benchmarks regional hiring
Broadgate supports ERM, operational risk, technology risk and third-party risk salary benchmarking across Mountain and Southwest financial services markets.