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Cybersecurity Risk Manager

HIGH DemandLOW AI RiskGROWING in SL· Rs.155k+ /mo

For those who want to combine deep technical security knowledge with business strategy and leadership.”

About This Role

Identifies potential digital threats to a business and develops security protocols to protect sensitive corporate data.

A Day in the Life

Identify, assess, and manage cybersecurity risks across the organisation, develop risk frameworks, ensure compliance, and advise leadership on security posture.

  • Conduct cybersecurity risk assessments
  • Develop and update risk registers
  • Ensure compliance with ISO 27001 and NIST
  • Brief C-suite on security risk posture
  • Review vendor and third-party security controls
  • Oversee security policy development
  • Manage security audits and findings
  • Coordinate with CISO on risk strategy

Work Environment

OFFICETeam: SMALLFORMALRemote: HIGH

Senior role combining security expertise with business risk management. Significant executive interaction and cross-departmental coordination.

Typical hours: 45h/week · WLB score 7/10 · RARE overtime

Senior management role with predictable hours except during major incidents or audits.

Skills Required

Technical Skills

ISO 27001Network SecuritySIEM ToolsFirewalls & IDS/IPS

Soft Skills

LeadershipAnalytical ThinkingCommunication SkillsCritical Thinking

Tools & Software

RSA ArcherServiceNow GRCQualysNessusMicrosoft Compliance CenterExcel

Salary in Sri Lanka (LKR / month)

Entry LevelRs.120k – Rs.170k/mo
Mid-LevelRs.155k – Rs.280k/mo
SeniorRs.280k – Rs.600k/mo
Entry: Security Risk AnalystMid: Cybersecurity Risk ManagerSenior: CISO / Head of Cyber Risk

Typical progression: 5yr to mid · 10yr to senior

Progress from security analyst through risk advisory roles to senior management or CISO.

Global Salary (USD / year)

Entry Level$6k – $10k/yr
Mid-Level$10k – $18k/yr
Senior$18k – $35k/yr

Top Markets

USAUKAustraliaUAESingapore

Market Outlook

GROWING

Banks, telecoms, and government investing heavily in GRC roles following cyber incidents.

Hiring: MEDIUM

Commercial BankSampath BankDialog AxiataCBSLSri Lanka TelecomVirtusa

GROWING

Global shortage of experienced security risk professionals. High demand in financial services.

Entry Requirements

Sri Lanka

Min. EducationDegree
Experience5+ years in cybersecurity

Preferred

CISSPCISMCRISCISO 27001

Global

Min. EducationDegree
Experience7+ years security with risk focus

Preferred

CISSPCISMCRISC

Helpful Certifications

CISSPCISMISO 27001 Lead ImplementerCRISCCISA

Entrepreneurship & Freelancing

Freelance: HIGHRemote: HIGHCapital: NONE

Freelance earnings: $50–$150/mo (USD)

Platforms (SL)

LinkedInUpwork

Business Ideas

  • GRC consulting firm
  • Security audit company
  • Risk management training

Side Income Ideas

Security consultingTraining deliveryBoard advisory roles

Strong demand from banks and enterprises for independent security audits.

Risks & Challenges

AI Replacement Risk

LOW

UNLIKELY

Burnout Risk

MEDIUM

Job Security (SL)

HIGH

Risk judgment and leadership are inherently human.

Burnout Causes

High accountabilityRegulatory pressure

Physical Health Risks

Sedentary work

Mental Health Risks

Responsibility weightRegulatory stress

How to Mitigate

  • Pursue CISSP and CISM
  • Build GRC platform expertise
  • Network with ISACA Sri Lanka chapter

Is This Career For You?

Experienced IT professionals transitioning to risk and compliance leadership.

Personality Types

ENTJINTJISTJ

Core Motivations

Protecting organisational assetsBuilding robust security cultures

What You'll Love

  • C-suite visibility
  • High compensation
  • Strategic influence

What's Challenging

  • Regulatory complexity
  • Budget battles
  • Organisational resistance

How to Qualify in Sri Lanka

View all paths →

At a Glance

SL Salary (entry)Rs.120k – Rs.170k/mo
SL Salary (senior)Rs.280k – Rs.600k/mo
Global (senior)$18k – $35k/yr
SL DemandGROWING
WLB Score7/10
Hours/week~45h
Remote WorkHIGH

AI Replacement Risk

LOW

UNLIKELY

Sectors

Private

Reviews & Ratings

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Frequently Asked Questions

Identify, assess, and manage cybersecurity risks across the organisation, develop risk frameworks, ensure compliance, and advise leadership on security posture.

To become a Cybersecurity Risk Manager in Sri Lanka, you typically need Degree. Relevant degree programmes include: Bachelors in Cyber Security - Deakin University, Australia, BSc (Hons) in Cyber Security - Wrexham Glyndwr University, UK, Executive Master of Science in Information Security (EMSc IS) - Asia e University Malaysia. Professional qualifications: Certified Information Systems Auditor. Explore step-by-step career roadmaps contributed by Sri Lankan Cybersecurity Risk Managers at paths.lk/career-paths/cybersecurity-risk-manager.

In Sri Lanka, a Cybersecurity Risk Manager earns LKR 120k–LKR 170k/month at entry level, LKR 155k–LKR 280k/month at mid-level, and LKR 280k–LKR 600k/month at senior level. Globally, experienced Cybersecurity Risk Managers earn USD 35k+/year.

Key skills for a Cybersecurity Risk Manager in Sri Lanka: ISO 27001, Network Security, SIEM Tools, Firewalls & IDS/IPS. Important soft skills: Leadership, Analytical Thinking, Communication Skills. Tools and software: RSA Archer, ServiceNow GRC, Qualys, Nessus.

Progress from security analyst through risk advisory roles to senior management or CISO.

Banks, telecoms, and government investing heavily in GRC roles following cyber incidents.

For those who want to combine deep technical security knowledge with business strategy and leadership.

Yes — Cybersecurity Risk Managers have high freelance potential. Cybersecurity Risk Managers can earn USD 50–150/month freelancing. Common platforms: LinkedIn, Upwork.

Senior role combining security expertise with business risk management. Significant executive interaction and cross-departmental coordination.