How Much Does a Model Risk Management Make in Cedar Rapids, IA?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Model Risk Management in Cedar Rapids, IA is $122,794. While Salary.com is seeing that Model Risk Management salary in Cedar Rapids, IA can go up to $149,766 or down to $95,582, but most earn between $108,550 and $136,912. 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% $108,550 10% $95,582 90% $149,766 75% $136,912 $122,794 50%(Median)
Related Job Titles to Model Risk Management
Model Risk Analyst
$97,196
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Model Risk Officer
$99,914
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Model Risk Manager
$120,816
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Risk Management Supervisor
$105,463
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Similar Job Salaries to Model Risk Management by Company

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Company average base salary in (usd) range
UNITED COMMUNITY BANK
Director of Model Risk Management
$122,675/yr
$111,617
$133,733
RANGE: $111,617 - $133,733
Tbwa Chiat/Day Inc
Head of Model Risk Management
$106,867/yr
$97,896
$115,838
RANGE: $97,896 - $115,838
Sud Recruiting
VP, Model Risk Management
$146,369/yr
$133,113
$159,625
RANGE: $133,113 - $159,625
SoFi
Director, Model Risk Management
$146,510/yr
$133,303
$159,716
RANGE: $133,303 - $159,716
Athene Holding Ltd.
VP Model Risk Management
$158,352/yr
$142,863
$173,842
RANGE: $142,863 - $173,842
Webster Bank
Model Risk Management, Director
$118,349/yr
$107,502
$129,196
RANGE: $107,502 - $129,196
First Hawaiian Bank
Model Risk Management Officer
$90,725/yr
$81,942
$99,508
RANGE: $81,942 - $99,508
GM Financial
Intern- Model Risk Management
$90,416/yr
$81,629
$99,203
RANGE: $81,629 - $99,203

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What Does a Model Risk Management Do?

In probing the model risk management terrain more closely, our research identified important trends and defined a model life cycle, from planning and development through model use, risk appetite, and policies.
Updated November 25, 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 Cedar Rapids, IA?

The Model Risk Management salary range is from $108,550 to $136,912, and the average Model Risk Management salary is $122,794/year in Cedar Rapids, IA. 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 $161,873 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.