Manufacturing Risk & Compliance Officer—Enterprise Risk Management
Table of Contents
The Risk Guardian: Manufacturing Risk & Compliance Officer
Risk and compliance officers identify and manage enterprise risks—operational, financial, compliance, supply chain. They earn ₹1,10,000-1,85,000/month, advancing to ₹2,10,000-3,50,000+/month as Chief Risk Officer.
What Risk Officers Do
Risk Management (40%):
- Identify enterprise risks (operational, financial, compliance, supply chain)
- Assess risk impact and probability
- Develop risk mitigation strategies
- Monitor risk exposure
- Escalate material risks
Compliance Management (30%):
- Ensure regulatory compliance across operations
- Implement compliance programs
- Monitor compliance
- Internal controls
- Audit support
Policy & Procedures (15%):
- Develop risk and compliance policies
- Document procedures
- Communicate requirements
- Training and awareness
Executive Reporting (15%):
- Report to board/executives
- Risk dashboard development
- Compliance status reporting
- Risk assessments
Critical Skills
- Enterprise risk management
- Compliance and regulatory knowledge
- Internal audit and controls
- Financial risk analysis
- Operational risk assessment
- Insurance and risk financing
- Executive communication
Salary Expectations
Compliance Officer / Risk Manager:
₹95,000 – ₹1,50,000/month
Risk & Compliance Director:
₹1,50,000 – ₹2,30,000/month
Chief Risk Officer / Chief Compliance Officer:
₹2,30,000 – ₹4,00,000+/month
Entry Requirements
- 12-14 years compliance/audit/risk experience
- Internal audit or regulatory background
- Compliance expertise
- Financial audit experience
- Strategic thinking
- Executive communication skills
The Bottom Line
Risk officers protect company from enterprise risks. Entry ₹1,10,000-1,85,000 → CRO level ₹2,10,000-3,50,000+. Strategic importance. Board-level exposure. Executive compensation.