Model Risk Management Salaries in Austin, TX
How Much Does a Model Risk Management Make in Austin, TX?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Model Risk Management in Austin, TX is $126,850.
While Salary.com is seeing that Model Risk Management salary in Austin, TX can go up to $154,699
or down to $98,748, but most earn between $112,141 and $141,428.
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.
Related Job Titles to Model Risk Management
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Similar Job Salaries to Model Risk Management by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
GM Financial
Manager-Model Risk Management
|
$118,641/yr
|
RANGE: $108,033 - $129,250
|
|
FIS Fidelity National Information Services
Model Risk Management (Artificial Intelligence) - Senior Manager
|
$100,077/yr
|
RANGE: $91,141 - $109,012
|
|
PenFed Credit Union
Manager, Model Risk Management
|
$122,202/yr
|
RANGE: $111,619 - $132,785
|
|
Premium Technology
AVP Model Risk Management
|
$119,900/yr
|
RANGE: $108,557 - $131,244
|
|
Athene
VP Model Risk Management
|
$155,395/yr
|
RANGE: $140,957 - $169,833
|
|
TBWA\Chiat\Day
Head of Model Risk Management
|
$101,712/yr
|
RANGE: $93,174 - $110,250
|
|
Mercury
Head of Model Risk Management
|
$115,268/yr
|
RANGE: $105,592 - $124,944
|
|
GM Financial
DATA ANALYST-MODEL MANAGEMENT
|
$102,192/yr
|
RANGE: $92,300 - $112,084
|
|
TSR Consulting Services, Inc.
RISK MANAGEMENT
|
$94,567/yr
|
RANGE: $86,091 - $103,044
|
What Does a Model Risk Management Do?
In the mature stage, the MRM function seeks efficiencies and value, reducing the cost of managing model risk while ensuring that models are of the highest quality.
Updated December 05, 2021
A defective model caused one leading financial institution to suffer losses of several hundred million dollars when a coding error distorted the flow of information from the risk model to the portfolio-optimization process.
Updated October 28, 2021
This approach typically leads to the levels of conservatism being presented explicitly, at precise and well-defined locations in models, in the form of overlays subject to management oversight.
Updated October 18, 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
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Explore JobArchitectFrequently Asked Questions About a Model Risk Management Salaries
What is the average of a Model Risk Management in Austin, TX?
The Model Risk Management salary range is from $112,141 to $141,428, and the average Model Risk Management salary is $126,850/year in Austin, TX.
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.
