Mutual Fund Risk Managers
Overview
Introduction
A mutual fund is a professionally managed investment pool that is sold to the public through the sale of shares representing an ownership interest. Risk managers identify, study, and work to reduce risks (e.g., risky investment strategies, weaknesses in computer security) at mutual fund companies. They are also known as risk officers, chief risk officers and risk analysts. Approximately 55,290 financial risk specialists are employed in the United States; a small percentage work for mutual fund companies.
Quick Facts
Median Salary
Employment Prospects
Minimum Education Level
Experience
Skills
Personality Traits
Earnings
In 2024, chief risk officers earned an average salary of $204,500, according to Robert Half’s 2025 Salary Guide: Finance and Accounting Salaries and Hiring Trends. Salaries ranged from $166,750 to $240,750 or more. Risk analysts with three to five years of experience had the following salary ranges based on specialty:
- credit risk analyst: $80,500 to $116,000+ ...
Work Environment
Risk management professionals work in typical office settings with access to the latest computer technology and office equipment. They usually work 40 or more hours per week, according to the U.S. Department of Labor. Most risk managers find the careers to be extremely rewarding, although they may encounter stressful situations when their colleagues or managers disagree with their risk-manageme...
Outlook
Job opportunities for financial managers (an occupational category that includes risk managers) who work for firms that manage funds, trusts, and other financial vehicles will increase by 20.7 percent from 2023 through 2033, according to the U.S. Department of Labor. This is much faster than the average for all careers. According to the DOL, some specialties within the financial management fiel...