Average Chief Risk Officer Salary in Nicaragua for 2026
In this article, we will look at the average Chief Risk Officer salary for 2026 in Nicaragua and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!
The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.
All salary information is in the local currency, which is the Nicaraguan córdoba. To keep things simple, we are using the NIO currency code instead of the currency symbol C$.
How Much Does a Chief Risk Officer Make in Nicaragua?
A Chief Risk Officer working in Nicaragua will typically earn around 312,400 NIO per year, and this can range from the lowest average salary of about 143,200 NIO to the highest average salary of 492,700 NIO.
These are average salaries for a Chief Risk Officer in Nicaragua and include benefits such as housing and transport. It's also possible for a Chief Risk Officer to earn more or less than the average salaries shown above.
Chief Risk Officer salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.
Distribution of Chief Risk Officer Salaries in Nicaragua
So we've looked at the average salaries a Chief Risk Officer will earn in Nicaragua. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that a Chief Risk Officer can earn between 143,200 NIO and 492,700 NIO on average in Nicaragua. This is known as the range in statistics.
The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.
Median salary
The median salary for a Chief Risk Officer in Nicaragua is 335,800 NIO. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 335,800 NIO, and 50% of the population earn more than 335,800 NIO.
If you are earning more than the median salary, that's a good indicator that you are being paid well.
If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).
Percentiles
Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.
For the average Chief Risk Officer salary in Nicaragua, 25% of the population are earning less than 215,100 NIO while 75% of the population earn more than 215,100 NIO.
75% of the population earn less than 447,700 NIO, and 25% of the population earn more than 447,700 NIO.
Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.
The difference between a median and an average salary
The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.
- If your salary is higher than the average and the median salary, you are earning well compared to others.
- If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
- If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.
Chief Risk Officer Salary by Experience Level in Nicaragua
The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.
We have researched the average Chief Risk Officer salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.
- 0 - 2 Years Experience. A Chief Risk Officer in Nicaragua that has less than two years of experience can expect to earn somewhere in the region of 161,300 NIO.
- 2 - 5 Years Experience. With two to five years of experience the average Chief Risk Officer salary would increase to 216,800 NIO.
- 5 - 10 Years Experience. From five to ten years of experience as a Chief Risk Officer, the average salary would be 319,600 NIO.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 390,000 NIO.
- 15 - 20 Years Experience. A Chief Risk Officer with 15 to 20 years of experience can earn an average of 425,100 NIO.
- 20+ Years Experience. For a Chief Risk Officer with more than 20 years, the expected average salary increases to 460,500 NIO.
Average Salary by Experience Chart
| 0-2 Years | - | 161,300 NIO |
| 2-5 Years | +34% | 216,800 NIO |
| 5-10 Years | +48% | 319,600 NIO |
| 10-15 Years | +22% | 390,000 NIO |
| 15-20 Years | +9% | 425,100 NIO |
| 20+ Years | +8% | 460,500 NIO |
Chief Risk Officer Salary by Education Level in Nicaragua
As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?
In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.
The salary you can earn based on your education is very specific to both your location and the career path you choose.
In our research, we looked at the average salary for a Chief Risk Officer in Nicaragua based on the education level of the employees in order to find out whether a better education level would increase your salary.
- High School. A Chief Risk Officer in Nicaragua with a high school education can earn an average salary of 197,600 NIO.
- Certificate or Diploma. A Chief Risk Officer in Nicaragua with a certificate or diploma education can earn an average salary of 233,600 NIO.
- Bachelor's Degree. A Chief Risk Officer in Nicaragua with a bachelor's degree education can earn an average salary of 340,400 NIO.
- Master's Degree. A Chief Risk Officer in Nicaragua with a master's degree education can earn an average salary of 444,300 NIO.
Average Salary by Education Chart
| High School | - | 197,600 NIO |
| Certificate or Diploma | +18% | 233,600 NIO |
| Bachelor's Degree | +45% | 340,400 NIO |
| Master's Degree | +31% | 444,300 NIO |
How Much is a Master's Degree or MBA Program?
The approximate cost of a master's degree or post-graduate program like an MBA in Nicaragua is around 94,700 to 284,000 NIO and takes two years to complete.
As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.
It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.
Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.
Chief Risk Officer Salary Compared by Gender
In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.
In Nicaragua, a male chief risk officer will earn an average of 332,500 NIO, while a female chief risk officer will earn around 288,700 NIO.
This means that a male chief risk officer earns approximately 15% more than a female chief risk officer for performing the same job.
Average Salary by Gender Chart in Nicaragua
| Male | - | 332,500 NIO |
| Female | -15% | 288,700 NIO |
Chief Risk Officer Average Pay Raise in Nicaragua
In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.
From our research, we can see that the average pay raise for a Chief Risk Officer in Nicaragua is around 10% every 27 months.
The national average pay raise across all professions and industries in Nicaragua is around 5% every 28 months.
In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.
To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:
Annual Increase = ( Increase Rate ÷ Months ) × 12
So for this example, it would be:
Annual Increase = ( 10 ÷ 27 ) × 12 = 4%
What this means is that a Chief Risk Officer in Nicaragua can expect to receive an average pay raise of around 4% every 12 months.
Annual Pay Raise by Industry in Nicaragua for 2026
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Nicaragua.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
| Banking | - | 3% |
| Energy | - | 6% |
| Information Technology | - | 9% |
| Healthcare | - | 3% |
| Travel | - | 6% |
| Construction | - | 9% |
| Education | - | 3% |
Chief Risk Officer Bonus and Incentive Rates in Nicaragua
Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.
Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.
A Chief Risk Officer is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.
33% reported that they had not received any bonuses in the previous 12 months.
For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.
| Received Bonus | - | 67% |
| No Bonus | - | 33% |
What are the Types of Bonus?
There are a number of difference types of bonus you can receive in a job. Including:
- Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
- Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
- Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
- Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.
Government vs Private Sector Salaries
Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.
Public sector employees in Nicaragua earn approximately 14% more than private sector employees in the same role.
| Public Sector | - | 245,300 NIO |
| Private Sector | -14% | 215,100 NIO |
Salaries for Jobs Similar to a Chief Risk Officer
In the table below, we have salary information for jobs that are similar to a Chief Risk Officer in Nicaragua.
| Job Title | Category | Salary |
|---|---|---|
| Account Coordinator | Executive and Management | 216,800 NIO |
| Account Director | Executive and Management | 247,800 NIO |
| Account Executive | Executive and Management | 257,700 NIO |
| Account Manager | Executive and Management | 232,400 NIO |
| Administration Manager | Executive and Management | 263,200 NIO |
| Administration Officer | Executive and Management | 134,600 NIO |
| Administration Supervisor | Executive and Management | 197,600 NIO |
| Administrative Clerk | Executive and Management | 102,160 NIO |
| Administrative Officer | Executive and Management | 103,200 NIO |
| Area Director | Executive and Management | 228,000 NIO |
| Area Manager | Executive and Management | 232,400 NIO |
| Asset Protection Associate | Executive and Management | 275,500 NIO |
| Assistant Director | Executive and Management | 265,000 NIO |
| Assistant General Manager | Executive and Management | 261,300 NIO |
| Assistant Manager | Executive and Management | 265,000 NIO |
| Assistant Managing Director | Executive and Management | 301,300 NIO |
| Assistant Operations Manager | Executive and Management | 288,700 NIO |
| Assistant Project Manager | Executive and Management | 263,900 NIO |
| Assistant Section Head | Executive and Management | 222,300 NIO |
| Assistant Vice President | Executive and Management | 267,100 NIO |
| Assistant to CEO | Executive and Management | 254,700 NIO |
| Associate Account Director | Executive and Management | 252,300 NIO |
| Associate Director | Executive and Management | 265,000 NIO |
| Bid Manager | Executive and Management | 301,300 NIO |
| Branch Manager | Executive and Management | 286,400 NIO |
| Business Development Manager | Executive and Management | 327,300 NIO |
| Business Operations Associate | Executive and Management | 272,800 NIO |
| Business Operations Lead | Executive and Management | 267,100 NIO |
| CEO | Executive and Management | 489,600 NIO |
| COO | Executive and Management | 386,400 NIO |
| Campaign Manager | Executive and Management | 301,600 NIO |
| Catering Coordinator | Executive and Management | 159,400 NIO |
| Catering Manager | Executive and Management | 263,200 NIO |
| Chairman Office Manager | Executive and Management | 314,500 NIO |
| Chairman of The Board | Executive and Management | 498,000 NIO |
| Chief Commercial Officer | Executive and Management | 351,900 NIO |
| Chief Corporate Officer | Executive and Management | 396,300 NIO |
| Chief Executive Officer | Executive and Management | 480,300 NIO |
| Chief Financial Officer | Executive and Management | 457,300 NIO |
| Chief Investment Officer | Executive and Management | 383,300 NIO |
| Chief Operating Officer | Executive and Management | 383,300 NIO |
| Chief of Staff | Executive and Management | 238,900 NIO |
| Client Account Manager | Executive and Management | 305,600 NIO |
| Client Accounts Officer | Executive and Management | 245,300 NIO |
| Client Services Manager | Executive and Management | 330,900 NIO |
| Commercial Director | Executive and Management | 340,400 NIO |
| Commercial Manager | Executive and Management | 294,700 NIO |
| Commercial Project Manager | Executive and Management | 283,400 NIO |
| Commodity Broker | Executive and Management | 210,500 NIO |
| Corporate Affairs Executive | Executive and Management | 299,500 NIO |
| Corporate Compliance Director | Executive and Management | 315,900 NIO |
| Corporate Director | Executive and Management | 351,900 NIO |
| Corporate Officer | Executive and Management | 239,000 NIO |
| Corporate Partnerships Officer | Executive and Management | 232,900 NIO |
| Country Manager | Executive and Management | 397,900 NIO |
| Department Head | Executive and Management | 320,500 NIO |
| Department Manager | Executive and Management | 309,800 NIO |
| Department Supervisor | Executive and Management | 254,700 NIO |
| Deputy Director | Executive and Management | 349,300 NIO |
| Deputy Manager | Executive and Management | 340,400 NIO |
| Director | Executive and Management | 371,100 NIO |
| Director of Accreditation | Executive and Management | 345,100 NIO |
| Director of Catering Services | Executive and Management | 296,000 NIO |
| Director of Client Services | Executive and Management | 313,700 NIO |
| Director of Facilities Management | Executive and Management | 288,100 NIO |
| Director of Operations | Executive and Management | 345,100 NIO |
| Director of Process Simplification | Executive and Management | 265,000 NIO |
| Director of Product Management | Executive and Management | 327,300 NIO |
| Director of Project Management | Executive and Management | 344,600 NIO |
| Director of Revenue Management | Executive and Management | 301,800 NIO |
| Director of Training and Development | Executive and Management | 309,800 NIO |
| Distribution Manager | Executive and Management | 348,300 NIO |
| Division Manager | Executive and Management | 301,700 NIO |
| Duty Manager | Executive and Management | 294,300 NIO |
| Engagement Manager | Executive and Management | 369,900 NIO |
| Executive Director | Executive and Management | 480,300 NIO |
| Executive Manager | Executive and Management | 394,800 NIO |
| Franchise Manager | Executive and Management | 413,900 NIO |
| General Manager | Executive and Management | 401,300 NIO |
| Global Master Data Manager | Executive and Management | 335,100 NIO |
| Global Technical Lead | Executive and Management | 238,900 NIO |
| HSE Manager | Executive and Management | 281,500 NIO |
| Head of Investment | Executive and Management | 349,300 NIO |
| Head of Middle Office | Executive and Management | 317,700 NIO |
| Head of Projects | Executive and Management | 330,900 NIO |
| Head of Strategy | Executive and Management | 377,200 NIO |
| Head of Supply Chain | Executive and Management | 294,300 NIO |
| Head of Sustainability | Executive and Management | 283,700 NIO |
| Housing Manager | Executive and Management | 271,300 NIO |
| Key Account Manager | Executive and Management | 273,000 NIO |
| Knowledge Manager | Executive and Management | 330,900 NIO |
| Location Manager | Executive and Management | 308,300 NIO |
| Logistics Executive | Executive and Management | 263,100 NIO |
| Logistics Manager | Executive and Management | 263,900 NIO |
| MIS Executive | Executive and Management | 341,900 NIO |
| Management Consultant | Executive and Management | 263,200 NIO |
| Management Executive | Executive and Management | 365,400 NIO |
| Manager | Executive and Management | 319,600 NIO |
| Managing Director | Executive and Management | 417,100 NIO |
| Ocean Services Manager | Executive and Management | 354,000 NIO |
| Operational Manager | Executive and Management | 357,300 NIO |
| Operations Analyst | Executive and Management | 301,800 NIO |
| Operations Assistant | Executive and Management | 253,400 NIO |
| Operations Director | Executive and Management | 375,200 NIO |
| Operations Executive | Executive and Management | 361,600 NIO |
| Operations Manager | Executive and Management | 378,800 NIO |
| Operations Supervisor | Executive and Management | 301,700 NIO |
| PMO Manager | Executive and Management | 314,500 NIO |
| Planning Director | Executive and Management | 353,600 NIO |
| Policy Administration Executive | Executive and Management | 286,400 NIO |
| Private Sector Executive | Executive and Management | 294,700 NIO |
| Product Development Manager | Executive and Management | 332,500 NIO |
| Product Executive | Executive and Management | 301,300 NIO |
| Production Executive | Executive and Management | 320,500 NIO |
| Production Manager | Executive and Management | 351,200 NIO |
| Production Supervisor | Executive and Management | 296,000 NIO |
| Program Director | Executive and Management | 345,700 NIO |
| Program Manager | Executive and Management | 332,100 NIO |
| Programme Coordinator | Executive and Management | 246,500 NIO |
| Project Control Manager | Executive and Management | 340,400 NIO |
| Project Coordinator | Executive and Management | 200,000 NIO |
| Project Management Officer | Executive and Management | 247,800 NIO |
| Project Manager | Executive and Management | 252,300 NIO |
| Project Portfolio Manager | Executive and Management | 268,900 NIO |
| Quality Manager | Executive and Management | 263,200 NIO |
| R/D Director | Executive and Management | 297,000 NIO |
| Regional Director | Executive and Management | 471,700 NIO |
| Regional Manager | Executive and Management | 332,100 NIO |
| Relationship Manager | Executive and Management | 325,800 NIO |
| Retail District Manager | Executive and Management | 246,200 NIO |
| Revenue Manager | Executive and Management | 273,300 NIO |
| Risk Officer | Executive and Management | 243,000 NIO |
| Risk and Capital Manager | Executive and Management | 383,300 NIO |
| Safety Manager | Executive and Management | 249,600 NIO |
| Section Head | Executive and Management | 268,900 NIO |
| Service Manager | Executive and Management | 281,500 NIO |
| Shift Supervisor | Executive and Management | 197,600 NIO |
| Solutions Manager | Executive and Management | 245,300 NIO |
| Supervisor | Executive and Management | 212,500 NIO |
| Supply Chain Manager | Executive and Management | 354,000 NIO |
| Surveyor | Executive and Management | 233,900 NIO |
| Technical Director | Executive and Management | 308,900 NIO |
| Technical Manager | Executive and Management | 313,700 NIO |
| Territory Manager | Executive and Management | 315,900 NIO |
| Validation Manager | Executive and Management | 275,800 NIO |
| Vice President | Executive and Management | 399,900 NIO |
| Zone Manager | Executive and Management | 363,000 NIO |
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