FAQ about Risk Modeling Analyst II
1. Where can a Risk Modeling Analyst II earn the most?
A Risk Modeling Analyst II's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Risk Modeling Analyst II earns the most in San Jose, CA, where the annual salary of a Risk Modeling Analyst II is $105,137.
2. What is the highest pay for Risk Modeling Analyst II?
The highest pay for Risk Modeling Analyst II is $96,204.
3. What is the lowest pay for Risk Modeling Analyst II?
The lowest pay for Risk Modeling Analyst II is $67,241.
4. What are the responsibilities of Risk Modeling Analyst II?
Utilizes risk modeling techniques to identify, quantify, and forecast potential risk scenarios of an organization. Gathers and analyzes pertinent data to create or strengthen models that forecast risk exposure and help make informed business decisions. Continuously monitors the economic and business landscape to update, review, or validate models as new data becomes available. Collaborates with outside departments to gather information and communicate findings or recommendations of analysis. Defines, documents, and summarizes methodologies, assumptions, and results of risk models and prepares reports for management. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience.
5. What industry pays the highest salary for Risk Modeling Analyst II?
The Pharmaceuticals industry offers the highest average compensation for Risk Modeling Analyst II roles,
with salaries approximately 22% above the market median.