Model Risk Manager Salary
$51.5K - $62.5K
4% of jobs
$62.5K - $73.5K
6% of jobs
$73.5K - $84.5K
10% of jobs
$88.6K is the 25th percentile. Wages below this are outliers.
$84.5K - $95.5K
10% of jobs
The median wage is $104.7K / yr.
$95.5K - $106.5K
22% of jobs
$106.5K - $117.5K
12% of jobs
$126.8K is the 75th percentile. Wages above this are outliers.
$117.5K - $128.5K
11% of jobs
$128.5K - $139.5K
9% of jobs
$139.5K - $150.5K
7% of jobs
$150.5K - $161.5K
5% of jobs
$161.5K - $172.5K
3% of jobs
$51.5K
$104.5K
$170.5K
$111,556
/year
$53.63
/hour
Model Risk Manager Salary Comparison by Location
Nationwide
United States
$111,556
Columbus
Ohio
$107,752
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How much does a Model Risk Manager make?
As of Jun 6, 2026, the average annual pay for a Model Risk Manager in the United States is $111,556 a year.
Just in case you need a simple salary calculator, that works out to be approximately $53.63 an hour. This is the equivalent of $2,145/week or $9,296/month.
While ZipRecruiter is seeing annual salaries as high as $170,500 and as low as $51,500, the majority of Model Risk Manager salaries currently range between $90,000 (25th percentile) to $129,000 (75th percentile) with top earners (90th percentile) making $153,000 annually across the United States. The average pay range for a Model Risk Manager varies greatly (by as much as 39000), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.
A Model Risk Manager in your area makes on average $107,752 per year, or $3,804 (3.410%) less than the national average annual salary of $111,556. Ohio ranks number 41 out of 50 states nationwide for Model Risk Manager salaries.
To estimate the most accurate annual salary range for Model Risk Manager jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.
Find your next high paying job as a Model Risk Manager on ZipRecruiter today.
What are Top 10 Highest Paying Cities for Model Risk Manager Jobs
We've identified 10 cities where the typical salary for a Model Risk Manager job is above the national average. Topping the list is Nome, AK, , with Berkeley, CA, and Berlin Corners, VT, close behind in the second and third positions. Berlin Corners, VT, beats the national average by $24,789 (22.2%), and Nome, AK, furthers that trend with another $26,829 (24.0%) above the $111,556 average.
With these 10 cities having average salaries higher than the national average, the opportunities for economic advancement by changing locations as a Model Risk Manager appears to be exceedingly fruitful.
Finally, another factor to consider is the average salary for these top 10 cities varies very little at 4% between Nome, AK, and North Cowichan, BC, , reinforcing the limited potential for much wage advancement. The possibility of a lower cost of living may be the best factor to use when considering location and salary for a Model Risk Manager role.
City | Annual Salary | Hourly Wage |
|---|---|---|
Nome, AK | $138,385 | $66.53 |
Berkeley, CA | $136,594 | $65.67 |
Berlin Corners, VT | $136,345 | $65.55 |
Kentville, NS | $134,459 | $64.64 |
Sitka, AK | $134,389 | $64.61 |
Whitehorse, YT | $133,604 | $64.23 |
Carcross, YT | $133,525 | $64.19 |
Atlanta, NE | $133,084 | $63.98 |
Haines Junction, YT | $133,069 | $63.98 |
North Cowichan, BC | $132,677 | $63.79 |
What are Top 5 Best Paying Related Model Risk Manager Jobs in the U.S.
We found a few related jobs that pay more than jobs in the Model Risk Manager category.
For example Hedge Fund Quant jobs pay as much as $58,173 (52.1%) more than the average Model Risk Manager salary of $111,556. If you're qualified, finding work as a Hedge Fund Quant may help you make more money than that of the average Model Risk Manager position.
Job Title | Annual Salary | Hourly Wage |
|---|---|---|
Hedge Fund Quant | $169,729 | $81.60 |
Market Risk Management | $142,322 | $68.42 |
Operational Risk Management | $120,706 | $58.03 |
Risk Management | $111,556 | $53.63 |
Risk Assessment Consultant | $104,783 | $50.38 |
About Our Data
ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources.
