Model Risk Management Salaries in North Carolina
How Much Does a Model Risk Management Make in North Carolina?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Model Risk Management in North Carolina is $123,006.
While Salary.com is seeing that Model Risk Management salary in NC can go up to $150,011
or down to $95,756, but most earn between $108,742 and $137,142.
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 |
|---|---|---|
|
Ally
Model Risk Management Sr Analyst – Analytical Tool Validation
|
$124,357/yr
|
RANGE: $106,414 - $142,300
|
|
SMBC Group
Model Risk Associate
|
$92,630/yr
|
RANGE: $79,711 - $105,548
|
|
City National Bank of Florida
Model Risk Management Analyst
|
$95,220/yr
|
RANGE: $82,480 - $107,961
|
|
Athene
VP Model Risk Management
|
$170,645/yr
|
RANGE: $142,495 - $198,795
|
|
BCforward
Model Risk Management Analyst
|
$137,244/yr
|
RANGE: $113,373 - $161,115
|
|
First Hawaiian Bank
Model Risk Management Officer
|
$99,792/yr
|
RANGE: $85,875 - $113,709
|
|
Athene Employee Services, LLC
VP Model Risk Management
|
$170,645/yr
|
RANGE: $142,495 - $198,795
|
|
TBWA\Chiat\Day
Head of Model Risk Management
|
$114,624/yr
|
RANGE: $97,850 - $131,399
|
|
Mercury
Head of Model Risk Management
|
$129,901/yr
|
RANGE: $110,891 - $148,911
|
Top 10 Highest Paying Cities For Model Risk Management Jobs in North Carolina
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 North Carolina.
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 North Carolina.
Raleigh takes first place in this list, followed by Cary, Charlotte.
The Model Risk Management salary is $124,928 in Raleigh,
which is lower than the national average. There is 0 city's Model Risk Management salary higher than national average in North Carolina.
The average salary for a Model Risk Management in North Carolina is $123,006,
but we found that the city with the highest salary for Model Risk Management jobs is Raleigh, NC, and it is higher than Cary.
Model Risk Management jobs in Raleigh can have the opportunity to earn higher salaries than in other cities in North Carolina.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Raleigh | $124,928 | $10,411 | $2,402 | $60 |
| Cary | $124,928 | $10,411 | $2,402 | $60 |
| Charlotte | $124,288 | $10,357 | $2,390 | $60 |
| Gastonia | $124,160 | $10,347 | $2,388 | $60 |
| Durham | $124,031 | $10,336 | $2,385 | $60 |
| Greenville | $124,031 | $10,336 | $2,385 | $60 |
| Rocky Mount | $124,031 | $10,336 | $2,385 | $60 |
| Wilson | $124,031 | $10,336 | $2,385 | $60 |
| Hickory | $123,006 | $10,251 | $2,366 | $59 |
| Chapel Hill | $122,878 | $10,240 | $2,363 | $59 |
What Does a Model Risk Management Do?
The path to sophisticated model risk management is evolutionary—it can be usefully discussed as having three stages: building the elements of the foundation, implementing a robust MRM program, and capturing the value from it (Exhibit 1).
Updated November 26, 2021
The aim of model risk management is to employ techniques, practices or behaviours that will identify, measure and mitigate model risks – the potential of model error or wrongful model usage.
Updated October 19, 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 North Carolina?
The Model Risk Management salary range is from $108,742 to $137,142, and the average Model Risk Management salary is $123,006/year in North Carolina.
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.
