Director of Technology Risk

Career Guide

A Director of Technology Risk leads the identification, reduction, and monitoring of risks that come from using technology. The role partners with engineering, security, compliance, audit, and business leaders to protect customers, data, and operations while enabling the company to move quickly and meet legal and industry expectations.

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Key Responsibilities

Set the technology risk strategy and priorities across the organization
Build and maintain a technology risk framework and reporting cadence
Identify major technology risks such as outages, cyber threats, third party exposure, and change risk
Lead risk assessments for new products, systems, and major technology changes
Define risk controls and ensure they are designed well and operating as intended
Oversee third party technology risk reviews for vendors and partners
Partner with engineering and security teams to plan and track risk reduction work
Prepare executive updates for leadership teams and board level stakeholders
Support internal audit and external exam requests with clear evidence and documentation
Coach and manage technology risk teams and cross functional working groups

Top Skills for Success

Risk Assessment

Risk Reporting

Control Design

Control Testing

Cybersecurity Fundamentals

Cloud Risk Management

Third Party Risk Management

Technology Governance

Incident Management

Regulatory Awareness

Stakeholder Management

Executive Communication

Program Management

Team Leadership

Career Progression

Can Lead To

Technology Risk Senior Manager

Technology Risk Director

Head of Technology Risk

Chief Risk Officer

Chief Information Security Officer

Transition Opportunities

Enterprise Risk Management Director

Security Governance Leader

Technology Audit Leader

Compliance Technology Leader

Operational Resilience Leader

Common Skill Gaps

Often Missing Skills

Cloud Risk ManagementThird Party Risk ManagementRisk QuantificationExecutive CommunicationMetrics DesignOperational ResilienceData Governance

Development SuggestionsBuild a clear portfolio of outcomes such as reduced high severity risks, improved control coverage, faster audit closure, and stronger vendor oversight. Practice translating technical issues into business impact, cost, and customer risk. Strengthen cloud and vendor risk depth through real assessments, evidence collection, and measurable remediation plans.

Market Intelligence Report

Director of Technology Risk is part of the Risk Management category.Explore our market intelligence report to see how AI and hiring demand are shifting for these roles.

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Salary & Demand

Median Salary Range

Entry Level150,000 to 200,000 USD

Mid Level200,000 to 260,000 USD

Senior Level260,000 to 350,000 USD

Growth Trend

Strong demand, driven by increasing cyber incidents, heavier regulation, cloud adoption, and growing reliance on vendors. Hiring is especially steady in financial services, healthcare, and large technology platforms.

Companies Hiring

Major Employers

JPMorgan ChaseBank of AmericaWells FargoGoldman SachsMorgan StanleyCitiCapital OneVisaMastercardAmazonMicrosoftGoogleIBMAccentureDeloitte

Industry Sectors

BankingInsurancePaymentsFintechHealthcareCloud ServicesEcommerceConsultingTelecommunicationsEnergy

Recommended Next Steps

Create a one page technology risk dashboard with key metrics and trend commentary

Lead a risk assessment for a major system change and publish a remediation plan with owners and dates

Build a repeatable third party risk review checklist and improve vendor evidence quality

Partner with security and engineering to reduce the top five risks and track progress monthly

Prepare a board ready summary that explains technology risks in plain business terms

Target roles in regulated industries where technology risk leadership is most valued