Technology Risk Managers: How to Become One
If you were to ask a group of technology risk managers about how they arrived at their current job, there's a good chance you would get several different answers about the paths and steps that each person took.
That said, there are still ways that you can develop a baseline understanding of the preparation that is necessary to become one.
The Best Adult Colleges and Careers Guide has gathered data to provide you with insight into the type of education that's commonly required for technology risk managers to land a job. This page contains information, sourced from real job postings, that describes the experience levels and specific skills that employers of technology risk managers expect candidates to have. In the end, this information will help you create an education or professional development plan that aligns with your career aspirations.
Keep reading to learn more about career steps for technology risk managers.
What Education & Experience is Needed for Technology Risk Managers?
Do technology risk managers need a degree? What kind of experience do technology risk managers typically need? Thanks to data sourced from Lightcast™ from real job postings, we can get some clarity on those questions, as well as the level of education that is commonly required for technology risk managers to secure jobs.
Education Level Required in Job Postings for Technology Risk Managers
Jobs Postings for Technology Risk Managers By Education
- Bachelor's degree: 45,432 (54%)
- Master's degree: 16,924 (20%)
- No Education Listed: 13,308 (16%)
- High School or GED: 4,744 (6%)
- Ph.D. or professional degree: 2,996 (4%)
A bachelor's degree is the level of education sought the most by employers of technology risk managers. According to job data, a bachelor's degree was required for 54% of positions. In 20% of job listings a master's degree was required and in 16% of postings no education level was listed.
Experience Level Required in Job Postings for Technology Risk Managers
Jobs Postings for Technology Risk Managers By Experience
- 0-1 Years: 2,745 (6%)
- 2-3 Years: 11,190 (25%)
- 4-6 Years: 17,038 (38%)
- 7-9 Years: 7,193 (16%)
- 10+ Years: 6,981 (15%)
While the amount of required experience will vary based on the responsibility and seniority of the position, an aggregate view of job posting data can help paint a picture of the experience level sought for most job openings for technology risk managers. In 38% of job postings for Technology Risk Managers, employers were looking for candidates with 4-6 years of experience. In 25% of listings employers were looking for candidates with 2-3 years of experience, while 7-9 years of experience was sought in 16% of job postings for technology risk managers.
What Kind of Degree Do Technology Risk Managers Need?
So far this page has provided detail into the level of education and the amount of experience required in job openings for technology risk managers, but what type of education or degree will help prepare you for a career in the field?
According to occupational data obtained through Lightcast,™ there are 17 key academic programs that can help prepare prospective technology risk managers, and in 2023 a total of 113,652 of those programs were completed at institutions in the United States.
Check out the information below to learn more about the specific programs that should be considered by prospective technology risk managers.
Top Degree Programs for Technology Risk Managers
Top 5 Degree Programs for Technology Risk Managers (2023)
Program | Completions |
---|---|
Finance, General. | 50,779 |
Mathematics, General. | 26,754 |
Entrepreneurship/Entrepreneurial Studies. | 9,123 |
Financial Mathematics. | 5,552 |
Financial Planning and Services. | 5,054 |
Program | Completions |
---|---|
Finance, General. | 50,779 |
Mathematics, General. | 26,754 |
Entrepreneurship/Entrepreneurial Studies. | 9,123 |
Financial Mathematics. | 5,552 |
Financial Planning and Services. | 5,054 |
Applied Mathematics, General. | 4,571 |
Project Management. | 4,299 |
Accounting and Finance. | 3,492 |
Accounting and Business/Management. | 1,214 |
Banking and Financial Support Services. | 1,034 |
Financial Analytics. | 729 |
Investments and Securities. | 374 |
Entrepreneurial and Small Business Operations, Other. | 335 |
Risk Management. | 177 |
International Finance. | 138 |
Public Finance. | 25 |
Financial Risk Management. | 2 |
What Skills Do Technology Risk Managers Need?
Education and experience have been covered, so what are the specific skills and traits needed by technology risk managers to secure a job?
A good way to understand this is to examine actual job postings for skills commonly sought by employers. Continue reading for a breakdown of specialized skills found in job postings for technology risk managers, as well as common skills that can help you thrive in the workplace.
In-Demand Skills for Today's Technology Risk Managers
Based on 63,835 job postings
Top 5 Specialized Skills for Technology Risk Managers
Skills | Postings | % of Total Postings |
---|---|---|
Risk Management | 43,540 | 68% |
Risk Analysis | 21,110 | 33% |
Auditing | 18,454 | 29% |
Finance | 16,063 | 25% |
Project Management | 14,148 | 22% |
Top 5 Common Skills for Technology Risk Managers
Skills | Postings | % of Total Postings |
---|---|---|
Management | 38,481 | 60% |
Communication | 32,259 | 51% |
Leadership | 21,430 | 34% |
Operations | 19,100 | 30% |
Problem Solving | 15,270 | 24% |
Based on 63,835 job postings related to technology risk managers, risk management was the top specialized skill sought by employers, with 68% of all postings looking for that skillset. Skills for risk analysis, auditing, finance, project management and financial services were also highly sought.
As for common skills, management was the most desired skill found in job postings for technology risk managers, followed by communication, leadership, operations, problem solving and microsoft excel.
Skill | Postings | % of Total Postings |
---|---|---|
Risk Management | 43,540 | 68% |
Risk Analysis | 21,110 | 33% |
Auditing | 18,454 | 29% |
Finance | 16,063 | 25% |
Project Management | 14,148 | 22% |
Financial Services | 10,866 | 17% |
Accounting | 10,427 | 16% |
Data Analysis | 10,063 | 16% |
Operational Risk | 8,185 | 13% |
Internal Auditing | 7,833 | 12% |
Risk Mitigation | 7,783 | 12% |
Underwriting | 7,460 | 12% |
Economics | 7,048 | 11% |
Mitigation | 6,986 | 11% |
Internal Controls | 6,748 | 11% |
Regulatory Compliance | 6,603 | 10% |
SQL (Programming Language) | 6,119 | 10% |
Credit Risk | 5,989 | 9% |
Process Improvement | 5,985 | 9% |
Business Process | 5,943 | 9% |
Skill | Postings | % of Total Postings |
---|---|---|
Management | 38,481 | 60% |
Communication | 32,259 | 51% |
Leadership | 21,430 | 34% |
Operations | 19,100 | 30% |
Problem Solving | 15,270 | 24% |
Microsoft Excel | 14,324 | 22% |
Governance | 14,255 | 22% |
Writing | 13,940 | 22% |
Presentations | 13,072 | 20% |
Detail Oriented | 12,857 | 20% |
Microsoft Office | 12,003 | 19% |
Influencing Skills | 10,937 | 17% |
Microsoft PowerPoint | 10,866 | 17% |
Verbal Communication Skills | 9,860 | 15% |
Coordinating | 9,667 | 15% |
Planning | 9,456 | 15% |
Research | 9,427 | 15% |
Interpersonal Communications | 8,827 | 14% |
Consulting | 8,206 | 13% |
Analytical Skills | 8,102 | 13% |
Additional Links
Ready to dig deeper into career information about technology risk managers? Visit our other pages focused on salary and education for technology risk managers.
What do technology risk managers do?
How much do technology risk managers make?
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