2024 Singapore Salary Guide: Risk Management
Becoming a risk manager is a long process, and working in risk management is a lucrative profession because of this – risk manager salaries align with the complexity of the role. Want to advance your Risk Management career? Here’s what you need to know:
Hot Jobs for 2024 in Singapore
This year, hiring managers are looking out for:
- Credit Risk Managers
- Credit Analysts
- Fraud Risk Managers
Risk professionals that can fulfil these roles and related job titles are in demand, and will continue to be for the foreseeable future.
Emerging Skills & Hiring Trends
- If you can perform analytical functions regarding risk aversion, you’re in luck! More job opportunities are available in this area. So start sharpening your understanding of trading risk quantitative analysis, and credit analysis
- There’s higher demand for professionals who can adequately manage credit risks to save the companies huge costs, mainly within private banking
- Hiring managers like candidates with diversified working experiences – for example, can you competently perform compliance, risk management, and auditing functions?
Singapore Average Salary: Risk Management
This is the average salary in Singapore for Risk Management jobs, from the lowest salary to the highest salary:
| Job Title | Average Annual Salary (SGD) |
| Credit Risk | $130,000 |
| Market Risk | $130,000 |
| Operational Risk | $130,000 |
| Quant | $150,000 |
| Enterprise Risk | $140,000 |
| Portfolio Risk & Analytics | $150,000 |
| Commodities Risk | $120,000 |
| Asset Management / Investment Risk | $120,000 |
| Reporting Role | $120,000 |
Looking to switch jobs this year? We’ve got your back
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Back to Ultimate Singapore Salary Guide.
Source: Morgan McKinley
Outside of his professional pursuits, he enjoys road cycling, diving deep into biographies, and devouring copious amounts of dumplings.
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