Model Risk Management Salaries in Baltimore, MD
How Much Does a Model Risk Management Make in Baltimore, MD?
Updated February 01, 2025
As of February 01, 2025,
the average annual pay of Model Risk Management in Baltimore, MD is $129,989.
While Salary.com is seeing that Model Risk Management salary in Baltimore, MD can go up to $157,012
or down to $102,609, but most earn between $115,657 and $144,134.
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 |
|---|---|---|
|
Synchrony Financial
VP-Model Risk Management
|
$149,557/yr
|
RANGE: $124,968 - $174,146
|
|
First Hawaiian Bank
Model Risk Management Officer
|
$99,258/yr
|
RANGE: $85,466 - $113,049
|
|
SoFi
Director, Model Risk Management
|
$159,731/yr
|
RANGE: $138,272 - $181,190
|
|
Tbwa Chiat/Day Inc
Head of Model Risk Management
|
$129,188/yr
|
RANGE: $110,487 - $147,889
|
|
Athene Holding Ltd.
VP Model Risk Management
|
$204,983/yr
|
RANGE: $172,107 - $237,859
|
|
Morgan Stanley
Associate, Model Risk (Risk Management)
|
$128,285/yr
|
RANGE: $111,431 - $145,140
|
What Does a Model Risk Management Do?
Only around 20 percent, however, use specific key performance indicators for model risk, mainly based on model performance and open validation findings on models.
Updated November 06, 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
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Explore JobArchitectFrequently Asked Questions About a Model Risk Management Salaries
What is the average of a Model Risk Management in Baltimore, MD?
The Model Risk Management salary range is from $115,657 to $144,134, and the average Model Risk Management salary is $129,989/year in Baltimore, MD.
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 $158,692
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.
