Technology Risk Manager

Career Guide

A Technology Risk Manager helps an organization understand and reduce technology related risks. This includes risks from cyber threats, system failures, third party vendors, and weak internal controls. The role partners with security, engineering, audit, legal, and business leaders to ensure technology is reliable, compliant, and aligned with risk appetite.

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Key Responsibilities

Assess technology risks across systems, applications, and cloud services
Design and maintain technology risk policies, standards, and control requirements
Lead risk reviews for new products, major system changes, and architecture decisions
Oversee control testing and track remediation plans to completion
Manage risk reporting for executives and governance committees
Coordinate with internal audit and external auditors during audits and examinations
Evaluate third party technology vendors and monitor ongoing vendor risk
Support incident and outage reviews to identify control improvements
Train stakeholders on risk expectations and secure technology practices
Ensure alignment with relevant regulations and industry expectations

Top Skills for Success

Risk Assessment

Control Design

Control Testing

Risk Reporting

Stakeholder Management

Program Management

Communication

Technology Fundamentals

Cybersecurity Fundamentals

Cloud Concepts

Third Party Risk Management

Regulatory Awareness

Career Progression

Can Lead To

Senior Technology Risk Manager

Technology Risk Lead

Head of Technology Risk

Director of Risk Management

Transition Opportunities

Cyber Risk Manager

Security Governance Manager

IT Audit Manager

Operational Risk Manager

Privacy Risk Manager

Enterprise Risk Manager

Product Risk Manager

Common Skill Gaps

Often Missing Skills

Cloud Risk AssessmentAutomation For Control TestingMetrics DesignExecutive Level WritingThird Party MonitoringData Analysis

Development SuggestionsBuild a portfolio of clear risk write ups, learn how key controls work in cloud environments, practice creating simple metrics that leaders can act on, and get hands on experience with control testing evidence and remediation tracking.

Market Intelligence Report

Technology Risk Manager is part of the Clinical Research 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 LevelUSD 90k to 120k

Mid LevelUSD 120k to 160k

Senior LevelUSD 160k to 220k

Growth Trend

Strong demand, especially in financial services, healthcare, and large technology driven enterprises due to increasing cyber risk, cloud adoption, and regulatory scrutiny.

Companies Hiring

Major Employers

JPMorgan ChaseBank of AmericaCitigroupWells FargoGoldman SachsMorgan StanleyCapital OneAmerican ExpressVisaMastercardAmazonGoogleMicrosoftIBMAccentureDeloittePwCEYKPMGUnitedHealth GroupCVS Health

Industry Sectors

BankingPaymentsInsuranceHealthcareTechnologyRetailConsultingTelecommunicationsEnergy

Recommended Next Steps

Review common technology controls and map them to key risks

Practice writing one page risk summaries for executives

Partner with engineering and security teams to learn system and cloud basics

Lead a third party vendor risk review end to end

Create a simple risk dashboard with a small set of meaningful metrics

Pursue a relevant certification if it fits your background and target industry

Prepare interview stories using situation task action result focused examples