Model Risk Analyst Salary in the United States

How much does a Model Risk Analyst make in the United States?

As of November 01, 2026, the average salary for a Model Risk Analyst in the United States is $108,234 per year, which breaks down to an hourly rate of $52.

However, a Model Risk Analyst's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $121,999
  • Majority Range (25th-75th percentile): $99,252 to $115,439
  • Entry-Level (10th percentile): $91,075
Loading...

Key Factors That Influence Model Risk Analyst Salaries

A Model Risk Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Model Risk Analyst Salaries?

Experience is a primary driver of a Model Risk Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $104,656
  • Early Career (1-2 years): $104,933
  • Mid-Level (2-4 years): $108,234
  • Senior-Level (5-8 years): $111,201
  • Expert (over 8 years): $111,413
Levels Salary
Entry Level Model Risk Analyst$104,656
Intermediate Level Model Risk Analyst$104,933
Senior Level Model Risk Analyst$108,234
Specialist Level Model Risk Analyst$111,201
Expert Level Model Risk Analyst$111,413

How Do Model Risk Analyst Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Model Risk Analysts. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $119,837.
  • California: $119,382.
  • Massachusetts: $117,791.

Top Paying Cities for Model Risk Analysts

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $136,516
  • San Francisco: $135,021
  • Oakland: $132,175

What Skills Can Increase a Model Risk Analyst's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 9.69% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • ERwin (Mentioned in 2.56% Job Postings): CA ERwin Data Modeler (or ERwin for short) is a data modeling and database design tool that is used to create conceptual, logical, and physical data models.
  • Oracle (Mentioned in 1.83% Job Postings): Applying Oracle to manage data and information applications effectively.
Skills Demand Percentage
Analysis 9.69%
ERwin 2.56%
Oracle 1.83%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Model Risk Analyst's salary.

  • Networking: Can increase your salary by up to 12%.
  • Data Structure: Can increase your salary by up to 7%.
  • Agile: Can increase your salary by up to 5%.
Skill Salary Salary % Increase
Networking $121,222
12%
Data Structure $115,810
7%
Agile $113,646
5%

Model Risk Analyst Salary by Industry: Top Paying Sectors

For Model Risk Analyst roles, the industry you choose can affect earning potential by as much as 65% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Construction sectors offer the strongest compensation, at 35% above the average. In contrast, Model Risk Analyst positions in Media or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Model Risk Analyst as a support function rather than a direct revenue driver.

The top paying industries for a Model Risk Analyst

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Software & Networking$146,116$70.035%
Construction$129,881$62.020%
Energy & Utilities$124,469$60.015%
Pharmaceuticals$124,469$60.015%
Aerospace & Defense$119,057$57.010%

Model Risk Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Model Risk Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on November 01, 2026
$99,252
Average $108,234/year
$115,439
$8,271
Average $9,020/month
$9,620
$1,909
Average $2,081/week
$2,220
$48
Average $52/hour
$55
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $115,439 $9,620 $2,220 $55
Average $108,234 $9,020 $2,081 $52
25th Percentile $99,252 $8,271 $1,909 $48

Most common benefits for Model Risk Analyst

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

Common company salaries for Model Risk Analyst

Here are companies hiring for Model Risk Analyst and their salaries, click below for more details.

Find Your Next Model Risk Analyst Job

Ready to take the next step in your career? Browse thousands of current Model Risk Analyst job openings on our job board. Use the search bar below to find your perfect match.

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Get a Salary Increase

Search thousands of open positions to find your next opportunity.

Search Job Openings

For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Adjust Employee Salary

Get the latest market price for benchmark jobs and jobs in your industry.

Price My Industry Jobs

FAQ about Model Risk Analyst

1. What industry pays the highest salary for Model Risk Analyst?

The Software & Networking industry offers the highest average compensation for Model Risk Analyst roles, with salaries approximately 35% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst