How Much Does a Model Risk Management Make in Alamogordo, NM?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Model Risk Management in Alamogordo, NM is $114,293. While Salary.com is seeing that Model Risk Management salary in Alamogordo, NM can go up to $139,386 or down to $88,973, but most earn between $101,040 and $127,428. 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% $101,040 10% $88,973 90% $139,386 75% $127,428 $114,293 50%(Median)
Related Job Titles to Model Risk Management
Model Risk Analyst
$90,414
Alamogordo, NM
Per Year
Model Risk Officer
$93,309
Alamogordo, NM
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Model Risk Manager
$112,453
Alamogordo, NM
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Risk Management Supervisor
$100,449
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Similar Job Salaries to Model Risk Management by Company

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Company average base salary in (usd) range
Athene Employee Services, LLC
VP Model Risk Management
$104,826/yr
$95,732
$113,921
RANGE: $95,732 - $113,921
Idaho State Job Bank
Manager Model Risk Management
$126,190/yr
$108,196
$144,183
RANGE: $108,196 - $144,183
Synchrony Financial
VP-Model Risk Management
$149,097/yr
$124,321
$173,873
RANGE: $124,321 - $173,873
SoFi
Director, Model Risk Management
$177,250/yr
$151,514
$202,985
RANGE: $151,514 - $202,985
Athene Holding Ltd.
VP Model Risk Management
$205,478/yr
$171,582
$239,374
RANGE: $171,582 - $239,374
Tbwa Chiat/Day Inc
Head of Model Risk Management
$121,379/yr
$103,616
$139,142
RANGE: $103,616 - $139,142
Athene
VP Model Risk Management
$170,645/yr
$142,495
$198,795
RANGE: $142,495 - $198,795

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What Does a Model Risk Management Do?

Two levels of governance are set up: one covering the steps of the model life cycle and one for the board and senior management.
Updated October 28, 2021
Before advancing on what Model Risk Management is, it is imperative to first understand what a model is.
Updated December 22, 2021
The COVID-19 pandemic has affected the performance of models globally, including traditional financial-risk models, such as those for credit risk, as well as models for nonfinancial risk, such as fraud management.
Updated December 22, 2021
Reporting thereby becomes meaningful, as senior managers get an exhaustive view on model risk beyond the technicalities—one with a real risk perspective.
Updated December 19, 2021
Of banks globally reported that credit-risk models were the most affected by the COVID-19 business environment.
Updated December 19, 2021

Frequently Asked Questions About a Model Risk Management Salaries

What is the average of a Model Risk Management in Alamogordo, NM?

The Model Risk Management salary range is from $101,040 to $127,428, and the average Model Risk Management salary is $114,293/year in Alamogordo, NM. The Model Risk Management's salary will change in different locations.

Which location pays the highest Model Risk Management salary in the United States?

The Model Risk Management salary in San Jose, CA is $160,805 which is the highest in the US.

What kinds of reasons will influence the Model Risk Management'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 Model Risk Management.

What is the growth rate of the Model Risk Management's salary?

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