A Risk Manager is responsible for identifying, assessing and managing risks that could impact an organisation's financial or operational objectives. They work in a variety of industries including finance, healthcare, insurance as well as manufacturing among others. The primary responsibilities of a Risk Manager include identifying potential risks to the organisation including financial, operational, regulatory and reputational risks. 

Moreover, these managers provide regular reports to senior management and other stakeholders on the organisation's risk management activities along with the effectiveness of risk mitigation strategies. Overall, the role of a Risk Manager is critical in helping organisations to identify and manage risks, protect their financial and operational objectives as well as ensuring compliance with relevant regulations and standards.

For Bachelor’s

• Scholars must pass their 10+2 board exams with a minimum grade of 60% from an authorised education board.
• The seekers should enrol in a Bachelor’s degree in economics, finance, accounting or any other related field. 

 For Masters

• Graduates must pursue a Master's degree such as MBA in risk management.

The job roles and specific duties of a risk manager are listed as given below: 

• Civil Engineer
• Engineering Manager
• Project Leader
• Project Manager
• Planning Manager
• Assistant Manager

The top recruiters of Risk Managers vary depending on the industry and sector. Here are some examples of organisations that often hire Risk Managers:

• SBI Life Insurance
• LIC
• Bajaj Allianz
• Policy Bazaar  

Employment Sector

• Financial Institutions
• Risk Management Consultancy Firms
• Manufacturing Companies
• Cyber Security Firms 

The salary of a risk manager can vary depending on a number of factors including the size of the company, location, industry and the number of years of experience.

• Risk assessment
• Critical thinking
• Communication
• Strategic thinking
• Leadership
• Attention to detail
• Problem-solving
• Financial analysis

The career scope for a Risk Manager is broad and varied with many opportunities for growth and advancement. Here are some potential career paths that someone with experience as a Risk Manager might pursue:

• Chief Risk Officer
• Risk Management Consultant
• Risk Analyst
• Compliance Officer
• Insurance Underwriter
• Financial Analyst

Overall, the career scope for a Risk Manager is diverse and offers numerous opportunities for growth as well as advancement, both within a company and across industries. The demand for skilled risk management professionals is expected to continue to grow as companies increasingly recognize the importance of effective risk management in order to achieve their financial and operational objectives.

• Job security
• Competitive salary
• Professional growth
• High level of responsibility
• Diverse job opportunities
• Intellectual challenge
• Impact

• High level of stress
• Long hours
• Regulatory complexity
• Need for ongoing education and training
• Reputation risk
• Potential for burnout
• Limited decision-making authority