Model Risk Manager Salary in Michigan
$44.9K - $54.5K
4% of jobs
$54.5K - $64.1K
6% of jobs
$64.1K - $73.7K
10% of jobs
$77.2K is the 25th percentile. Wages below this are outliers.
$73.7K - $83.2K
10% of jobs
The median wage is $91.3K / yr.
$83.2K - $92.8K
22% of jobs
$92.8K - $102.4K
12% of jobs
$110.5K is the 75th percentile. Wages above this are outliers.
$102.4K - $112K
11% of jobs
$112K - $121.6K
9% of jobs
$121.6K - $131.2K
7% of jobs
$131.2K - $140.8K
5% of jobs
$140.8K - $150.4K
3% of jobs
$44.9K
$91.1K
$148.6K
$97,232
/year
$46.75
/hour
Model Risk Manager Salary Comparison by Location
Nationwide
United States
$111,556
Michigan
Michigan
$97,232
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How much does a Model Risk Manager make in Michigan?
As of Jun 16, 2026, the average annual pay for a Model Risk Manager in Michigan is $97,232 a year.
Just in case you need a simple salary calculator, that works out to be approximately $46.75 an hour. This is the equivalent of $1,869/week or $8,102/month.
While ZipRecruiter is seeing salaries as high as $148,607 and as low as $44,887, the majority of Model Risk Manager salaries currently range between $78,400 (25th percentile) to $112,400 (75th percentile) with top earners (90th percentile) making $133,354 annually in Michigan. The average pay range for a Model Risk Manager varies greatly (by as much as 34000), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.
Michigan ranks number 50 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 in Michigan
We've identified 10 cities where the typical salary for a Model Risk Manager job is above the average in Michigan in Michigan. Topping the list is Traverse City, , with Lansing, and Pontiac, close behind in the second and third positions. Pontiac, beats the average in Michigan by $13,560 (13.9%), and Traverse City, furthers that trend with another $16,260 (16.7%) above the $97,232 average.
With these 10 cities paying on average above the average for Michigan, 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 5% between Traverse City, and Brighton, , 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 |
|---|---|---|
Traverse City | $113,492 | $54.56 |
Lansing | $113,148 | $54.40 |
Pontiac | $110,792 | $53.27 |
Detroit | $110,436 | $53.09 |
Farmington | $109,772 | $52.77 |
Farmington Hills | $109,772 | $52.77 |
Ann Arbor | $109,139 | $52.47 |
Flint | $108,517 | $52.17 |
Grand Rapids | $107,140 | $51.51 |
Brighton | $107,027 | $51.46 |
What are Top 5 Best Paying Related Model Risk Manager Jobs in Michigan
Analyzing similar jobs related to the Model Risk Manager job category in Michigan, we found 5 that were relevant. However, none pay more than the $97232 state average for Model Risk Manager jobs.
Job Title | Annual Salary | Hourly Wage |
|---|---|---|
Hedge Fund Quant | $147,935 | $71.12 |
Market Risk Management | $124,048 | $59.64 |
Associate Risk Management | $95,278 | $45.81 |
Risk Assessment Consultant | $91,328 | $43.91 |
Sas Consultant | $75,331 | $36.22 |
About Our Data
ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources.
