Erm Analyst Salary at First Bancorp BETA

How much does a First Bancorp Erm Analyst make?

As of March 2025, the average annual salary for an Erm Analyst at First Bancorp is $88,738, which translates to approximately $43 per hour. Salaries for Erm Analyst at First Bancorp typically range from $78,516 to $98,996, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

First BanCorp Overview

Website:
firstbankpr.com
Size:
3,000 - 7,500 Employees
Revenue:
$500M - $1B
Industry:
Financial Services

First BanCorp is a company that operates in the Financial Services industry. It employs 2,001-5,000 people and has $500M-$1B of revenue. The company is headquartered in San Juan, Puerto Rico.

See similar companies related to First Bancorp

What Skills Does a person Need at First Bancorp?

At First Bancorp, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.
  2. Internal control: Internal control, as defined by accounting and auditing, is a process for assuring of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies.
  3. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  4. Financial services: A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
  5. Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.

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Check more jobs information at First Bancorp

Job Title Average First Bancorp Salary Hourly Rate
2 Administrative Officer $49,804 $24
3 Business Analyst $112,163 $54
4 Compliance Officer $100,924 $49
5 Executive Vice President $348,166 $167
6 Manager, Financial Risk $147,590 $71
7 Manager, Risk $139,247 $67
8 Senior Vice President $234,161 $113
9 Manager $121,288 $58
10 Sales & Service Representative $110,653 $53
11 Sales& Services Representative $67,617 $33
12 Accounting Officer $262,400 $126
13 Branch Assistant Manager $58,461 $28

Hourly Pay at First Bancorp

The average hourly pay at First Bancorp for an Erm Analyst is $43 per hour. The location, department, and job description all have an impact on the typical compensation for First Bancorp positions. The pay range and total remuneration for the job title are shown in the table below. First Bancorp may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $88,738 look to you?

FAQ about Salary and Jobs at First Bancorp

1. How much does First Bancorp pay per hour?
The average hourly pay is $43. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at First Bancorp?
According to the data, the highest approximate salary is about $98,996 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at First Bancorp?
According to the data, the lowest estimated salary is about $78,516 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.