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Model Risk Manager Salary in Texas

How much does a Model Risk Manager make in Texas? The salary range for a Model Risk Manager job is from $108,874 to $137,776 per year in Texas. Click on the filter to check out Model Risk Manager job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at March 01, 2025
$123,421
Per Year
The average salary for a Model Risk Manager is $123,421
per Year in Texas.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$108,874
$123,421
Medium
$137,776

Highest Paying Cities for Model Risk Manager in Texas

Here are the top eight that pay the highest Model Risk Manager salary in TX. Due to the cost of living in different locations, the Model Risk Manager salary will also be different. Houston with the highest wage for the Model Risk Manager in Texas has a high living wage too. Explore more salary information by clicking the city name.

States with Higher Salaries for Model Risk Manager

Model Risk Manager works in Texas will receive the highest salary in the United States, followed by California, New Jersey. These states have more job opportunities than other places. At the same time, the competition will be fiercer too. People need to improve their competitiveness to get a job in these cities.
Top 5 States with Higher Salaries For
Model Risk Manager in the United States:
Model Risk Manager in District of Columbia: $140,314
Model Risk Manager in California: $139,053
Model Risk Manager in New Jersey: $138,171
Model Risk Manager in Alaska: $137,288
Model Risk Manager in Massachusetts: $137,162

How Much Do Similar Professions Get Paid in Texas?

The Model Risk Manager jobs have a lot of different directions. And, the job title can also be quite different from in diverse companies. Some job titles may not include the Model Risk Manager, while they have the Model Risk Manager responsibilities. So, here are some similar jobs and their salaries. Click the link which you are interested in to explore more data.
Model Risk Analyst
Average salary
United States
$99,232
per Year
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Model Risk Management
Average salary
United States
$125,441
per Year
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Model Risk Officer
Average salary
United States
$102,410
per Year
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Model Manager
Average salary
United States
$94,545
per Year
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Model Validation Manager
Average salary
United States
$98,153
per Year
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Senior Model Builder
Average salary
United States
$84,110
per Year
View salaries
Job openings

How Much Should You Be Earning?

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What Does a Model Risk Manager Do?

The emphasis shifts from a technical model review to a risk manager’s view that assesses the risks beyond model methodology.

December 20, 2021

Alongside the reduction of model risk and management of its impact, MRM is also capable of reducing some P&L unpredictability.

December 16, 2021

In accordance with best practices, approximately half the surveyed banks have integrated model risk within their risk-appetite statement, either as a separate element or within nonfinancial risks.

December 13, 2021

Canada is expected to introduce MRM guidelines soon, so Canadian institutions need to start strengthening their model risk management practices or be prepared to face regulatory issues down the road.

December 12, 2021

Banks were losing a lot of money because of their use of wildly simple copula models in estimating the risk on mortgage portfolios.

December 11, 2021

Most Common Benefits for Model Risk Manager

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Model Risk Manager
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The emphasis shifts from a technical model review to a risk manager’s view that assesses the risks beyond model methodology.
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Check the below career pages for detailed pay ranges for similar professions to Model Risk Manager:
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Bellaire pays the highest Model Risk Manager wage. Get personal salary report to explore more salary information in different cities.
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The Model Risk Manager salary range is $108,874 to $137,776 in TX.
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