Model Risk Management Salaries in Connecticut
How Much Does a Model Risk Management Make in Connecticut?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Model Risk Management in Connecticut is $137,155.
While Salary.com is seeing that Model Risk Management salary in CT can go up to $167,281
or down to $106,761, but most earn between $121,246 and $152,924.
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 |
|---|---|---|
|
State Street
Quantitative Analyst, Model Risk Management, Assistant Vice President
|
$109,282/yr
|
RANGE: $95,348 - $123,215
|
|
Talcott Financial Group
ERM Senior Model Risk Analyst
|
$106,838/yr
|
RANGE: $93,979 - $119,696
|
|
Webster Bank
Director, Technology Model Risk Mnagement
|
$155,414/yr
|
RANGE: $129,779 - $181,049
|
|
First Hawaiian Bank
Model Risk Management Officer
|
$99,543/yr
|
RANGE: $85,658 - $113,427
|
|
First Commonwealth Bank
Model Risk Management Officer
|
$95,293/yr
|
RANGE: $82,001 - $108,584
|
|
Customers Bank
VP, Model Risk Management
|
$174,739/yr
|
RANGE: $147,361 - $202,116
|
|
GM Financial
Manager-Model Risk Management
|
$136,984/yr
|
RANGE: $119,955 - $154,013
|
|
PenFed Credit Union
Manager, Model Risk Management
|
$133,858/yr
|
RANGE: $114,972 - $152,744
|
|
Premium Technology
AVP Model Risk Management
|
$140,217/yr
|
RANGE: $120,103 - $160,330
|
|
Infosys
GenAI Model Risk Management Specialist
|
$112,935/yr
|
RANGE: $97,703 - $128,168
|
Top 10 Highest Paying Cities For Model Risk Management Jobs in Connecticut
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Model Risk Management can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Model Risk Management job salaries in Connecticut.
Some cities can pay higher salaries for Model Risk Management jobs, which can indicate that there is a large demand for Model Risk Management positions in this city.
The following table shows top 10 cities where the Model Risk Management salary is higher than other cities in Connecticut.
Stamford takes first place in this list, followed by Norwalk, Greenwich.
The Model Risk Management salary is $146,293 in Stamford,
which is higher than the national average. There are 21 cities' Model Risk Management salary higher than national average in Connecticut.
The average salary for a Model Risk Management in Connecticut is $137,155,
but we found that the city with the highest salary for Model Risk Management jobs is Stamford, CT, and it is higher than Norwalk.
Model Risk Management jobs in Stamford can have the opportunity to earn higher salaries than in other cities in Connecticut.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Stamford | $146,293 | $12,191 | $2,813 | $70 |
| Norwalk | $146,293 | $12,191 | $2,813 | $70 |
| Greenwich | $146,293 | $12,191 | $2,813 | $70 |
| Bridgeport | $145,074 | $12,089 | $2,790 | $70 |
| Fairfield | $145,074 | $12,089 | $2,790 | $70 |
| Milford | $145,074 | $12,089 | $2,790 | $70 |
| Stratford | $145,074 | $12,089 | $2,790 | $70 |
| Danbury | $140,364 | $11,697 | $2,699 | $67 |
| New Haven | $137,284 | $11,440 | $2,640 | $66 |
| Hamden | $137,284 | $11,440 | $2,640 | $66 |
What Does a Model Risk Management Do?
The emphasis shifts from a technical model review to a risk manager’s view that assesses the risks beyond model methodology.
Updated December 02, 2021
Models are typically prioritized for validation based on complexity and risk associated with model failure or misuse.
Updated October 26, 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
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Explore JobArchitectFrequently Asked Questions About a Model Risk Management Salaries
What is the average of a Model Risk Management in Connecticut?
The Model Risk Management salary range is from $121,246 to $152,924, and the average Model Risk Management salary is $137,155/year in Connecticut.
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.
