How much does a Risk Modeling Senior Manager make in New York, NY? The average Risk Modeling Senior Manager salary in New York, NY is $250,722 as of February 26, 2024, but the range typically falls between $220,487 and $278,163. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Risk Modeling Senior Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Risk Modeling Senior Manager Salary $192,960 New York,NY February 26, 2024
25th Percentile Risk Modeling Senior Manager Salary $220,487 New York,NY February 26, 2024
50th Percentile Risk Modeling Senior Manager Salary $250,722 New York,NY February 26, 2024
75th Percentile Risk Modeling Senior Manager Salary $278,163 New York,NY February 26, 2024
90th Percentile Risk Modeling Senior Manager Salary $303,146 New York,NY February 26, 2024
25% $220,487 10% $192,960 90% $303,146 75% $278,163 $250,722 50%(Median) Didn’t find job title? Click
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Check out Risk Modeling Senior Manager jobs in New York, New York

Senior Project Manager

Swaggart Brothers Inc. - Hermiston, OR

What skills does a Risk Modeling Senior Manager need?

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.

Forecasting: Forecasting is the process of making predictions of the future based on past and present data and most commonly by analysis of trends. A commonplace example might be estimation of some variable of interest at some specified future date. Prediction is a similar, but more general term. Both might refer to formal statistical methods employing time series, cross-sectional or longitudinal data, or alternatively to less formal judgmental methods. Usage can differ between areas of application: for example, in hydrology the terms "forecast" and "forecasting" are sometimes reserved for estimates of values at certain specific future times, while the term "prediction" is used for more general estimates, such as the number of times floods will occur over a long period. Risk and uncertainty are central to forecasting and prediction; it is generally considered good practice to indicate the degree of uncertainty attaching to forecasts. In any case, the data must be up to date in order for the forecast to be as accurate as possible. In some cases the data used to predict the variable of interest is itself forecasted.

3.

Work ethic: A belief that work and diligence have a moral benefit and an inherent ability, virtue or value to strengthen character and individual abilities. A set of values centered on importance of work and manifested by determination or desire to work hard.

Risk Management 0.07%
Forecasting 0.01%
Work ethic 0.01%
Others 99.91%

Job Description for Risk Modeling Senior Manager

Risk Modeling Senior Manager oversees the strategic business analysis modeling activities involved in an organization's credit risk management function. Develops and evaluates systems associated with controlling credit risk. Being a Risk Modeling Senior Manager determines strategies and policies that maximize profits and asset growth, and minimize credit and operating losses and other risk exposure. Requires a bachelor's degree. Additionally, Risk Modeling Senior Manager typically reports to top management. The Risk Modeling Senior Manager manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Risk Modeling Senior Manager typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Risk Modeling Senior Manager in New York, NY
Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Risk Modeling Senior Manager salary varies from city to city. Compared with national average salary of Risk Modeling Senior Manager, the highest Risk Modeling Senior Manager salary is in San Francisco, CA, where the Risk Modeling Senior Manager salary is 25.0% above. The lowest Risk Modeling Senior Manager salary is in Miami, FL, where the Risk Modeling Senior Manager salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Risk Modeling Senior Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
220487
278163
250722

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
250899
368385
308469
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Risk Modeling Senior Manager in New York, NY. The base salary for Risk Modeling Senior Manager ranges from $220,487 to $278,163 with the average base salary of $250,722. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $250,899 to $368,385 with the average total cash compensation of $308,469.
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220487
278163

 

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About New York, New York    The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estim....More

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Risk Modeling Senior Manager Salary in popular cities: BuffaloRochesterYonkers

Skills associated with Risk Modeling Senior Manager: Risk Identification Model, Business Analytics, Risk Analysis, Data Modeling ...More

Jobs with a similar salary range to Risk Modeling Senior Manager : Head of Operational Risk

Salary estimation for Risk Modeling Senior Manager at companies like : Thienot Usa Inc, Servaas Laboratories Inc, Sports & Enterainment Advisory Group LLC