How Much Does a Market Risk Officer Make in Michigan?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Market Risk Officer in Michigan is $116,260. While Salary.com is seeing that Market Risk Officer salary in MI can go up to $172,288 or down to $64,590, but most earn between $89,214 and $145,587. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $89,214 10% $64,590 90% $172,288 75% $145,587 $116,260 50%(Median)
Related Job Titles to Market Risk Officer
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Similar Job Salaries to Market Risk Officer by Company

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Company average base salary in (usd) range
Lensa
Sr. Analyst, Risk Management - Market Risk (Remote Consideration)
$86,390/yr
$78,434
$94,345
RANGE: $78,434 - $94,345
Wells Fargo
Market Risk Specialist - Corporate and Investment Banking, Chief Risk Officer Group
$86,374/yr
$78,375
$94,373
RANGE: $78,375 - $94,373
Ivy Exec
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$169,707/yr
$154,094
$185,320
RANGE: $154,094 - $185,320
Goldman Sachs
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$104,442/yr
$93,722
$115,161
RANGE: $93,722 - $115,161
Morgan Stanley
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$102,754/yr
$92,652
$112,856
RANGE: $92,652 - $112,856
Bridgestone Americas
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$116,299/yr
$104,800
$127,798
RANGE: $104,800 - $127,798

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Top 10 Highest Paying Cities For Market Risk Officer Jobs in Michigan

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Market Risk Officer can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Market Risk Officer job salaries in Michigan. Some cities can pay higher salaries for Market Risk Officer jobs, which can indicate that there is a large demand for Market Risk Officer positions in this city.
The following table shows top 10 cities where the Market Risk Officer salary is higher than other cities in Michigan. Ann Arbor takes first place in this list, followed by Canton, Novi. The Market Risk Officer salary is $118,680 in Ann Arbor, which is higher than the national average. There are 6 cities' Market Risk Officer salary higher than national average in Michigan.
The average salary for a Market Risk Officer in Michigan is $116,260, but we found that the city with the highest salary for Market Risk Officer jobs is Ann Arbor, MI, and it is higher than Canton. Market Risk Officer jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Ann Arbor $118,680 $9,890 $2,282 $57
Canton $118,491 $9,874 $2,279 $57
Novi $118,114 $9,843 $2,271 $57
Detroit $118,066 $9,839 $2,271 $57
Warren $118,066 $9,839 $2,271 $57
Dearborn $118,066 $9,839 $2,271 $57
Dearborn Heights $118,007 $9,834 $2,269 $57
Royal Oak $117,937 $9,828 $2,268 $57
Westland $117,901 $9,825 $2,267 $57
Taylor $117,878 $9,823 $2,267 $57

What Does a Market Risk Officer Do?

Drawing on the diverse talents of our people and working closely with brokers, we focus on markets where customised products, backed by expert service, are truly valued - often involving complex or challenging risks that other insurers shun.
Updated October 28, 2021
Within an organization, market risk managers contribute to an effective market risk management structure and process and communicate the importance of risk management throughout the organization.
Updated December 20, 2021
While organizations that fall short risk losing market share to their competitors and being put out of business altogether.
Updated December 19, 2021
This is done through the appointment of a chief risk officer and the establishment of an enterprise risk function.
Updated December 19, 2021
FRANKFURT (Reuters) – Deutsche Bank said on Sunday that Olivier Vigneron would become the lender’s new group chief risk officer.
Updated December 16, 2021

Frequently Asked Questions About a Market Risk Officer Salaries

What is the average of a Market Risk Officer in Michigan?

The Market Risk Officer salary range is from $89,214 to $145,587, and the average Market Risk Officer salary is $116,260/year in Michigan. The Market Risk Officer's salary will change in different locations.

Which location pays the highest Market Risk Officer salary in the United States?

The Market Risk Officer salary in San Jose, CA is $148,902 which is the highest in the US.

What kinds of reasons will influence the Market Risk Officer's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Market Risk Officer.

What is the growth rate of the Market Risk Officer's salary?

If you are thinking of becoming a Market Risk Officer or planning the next step in your career, find the detailed salary report of a Market Risk Officer.