Model Risk Management Salaries in Idaho
How Much Does a Model Risk Management Make in Idaho?
Updated December 01, 2024
As of December 01, 2024,
the average annual pay of Model Risk Management in Idaho is $117,376.
While Salary.com is seeing that Model Risk Management salary in ID can go up to $141,777
or down to $92,649, but most earn between $104,433 and $130,148.
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 |
|---|---|---|
|
Mercury
Head of Model Risk Management
|
$107,149/yr
|
RANGE: $91,638 - $122,660
|
|
Customers Bank
VP, Model Risk Management
|
$175,243/yr
|
RANGE: $148,631 - $201,854
|
|
Stifel
Manager - Model Risk Management
|
$129,220/yr
|
RANGE: $111,107 - $147,334
|
|
PenFed Credit Union
Manager, Model Risk Management
|
$133,468/yr
|
RANGE: $114,722 - $152,215
|
|
SoFi
Staff Analyst, Model Risk Management
|
$103,373/yr
|
RANGE: $89,792 - $116,955
|
|
First Interstate
Model Risk Management Analyst II
|
$93,637/yr
|
RANGE: $81,168 - $106,106
|
|
JPMorgan Chase
Risk Management - Model Risk Program Associate
|
$127,890/yr
|
RANGE: $108,844 - $146,936
|
|
Morgan Stanley
VP, Risk Process Validation - Model Risk (Risk Management)
|
$246,700/yr
|
RANGE: $196,201 - $297,199
|
|
JPMorganChase
Risk Management - Forecasting Model Review - Vice President
|
$155,854/yr
|
RANGE: $129,955 - $181,752
|
|
Crowe LLP
Model Risk Management Internal Audit Manager (Temporary)
|
$137,400/yr
|
RANGE: $119,239 - $155,560
|
Top 10 Highest Paying Cities For Model Risk Management Jobs in Idaho
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 Idaho.
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 Idaho.
Coeur D Alene takes first place in this list, followed by Boise, Meridian.
The Model Risk Management salary is $127,314 in Coeur D Alene,
which is higher than the national average. There is 1 city's Model Risk Management salary higher than national average in Idaho.
The average salary for a Model Risk Management in Idaho is $117,376,
but we found that the city with the highest salary for Model Risk Management jobs is Coeur D Alene, ID, and it is higher than Boise.
Model Risk Management jobs in Coeur D Alene can have the opportunity to earn higher salaries than in other cities in Idaho.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Coeur D Alene | $127,314 | $10,610 | $2,448 | $61 |
| Boise | $116,998 | $9,750 | $2,250 | $56 |
| Meridian | $116,873 | $9,739 | $2,248 | $56 |
| Nampa | $115,740 | $9,645 | $2,226 | $56 |
| Caldwell | $115,615 | $9,635 | $2,223 | $56 |
| Idaho Falls | $114,356 | $9,530 | $2,199 | $55 |
| Twin Falls | $111,086 | $9,257 | $2,136 | $53 |
| Pocatello | $109,324 | $9,110 | $2,102 | $53 |
What Does a Model Risk Management Do?
In response to rising levels of risk and the need for more sophisticated modeling, financial institutions began to develop AI–ML models for financial and nonfinancial risks alike.
Updated November 11, 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 Idaho?
The Model Risk Management salary range is from $104,433 to $130,148, and the average Model Risk Management salary is $117,376/year in Idaho.
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 $157,885
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.
