Model Risk Management Salaries in Texas
How Much Does a Model Risk Management Make in Texas?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Model Risk Management in Texas is $125,181.
While Salary.com is seeing that Model Risk Management salary in TX can go up to $152,677
or down to $97,440, but most earn between $110,661 and $139,574.
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 |
|---|---|---|
|
GM Financial
Manager-Model Risk Management
|
$136,984/yr
|
RANGE: $119,955 - $154,013
|
|
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
|
|
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
|
|
Capital One
Manager, Quantitative Analysis - Model Risk Audit
|
$130,498/yr
|
RANGE: $113,939 - $147,058
|
|
Affirm
Fraud Model Risk Manager, Machine Learning
|
$119,446/yr
|
RANGE: $102,585 - $136,308
|
|
Infosys
GenAI Model Risk Management Specialist
|
$112,935/yr
|
RANGE: $97,703 - $128,168
|
|
The Bancorp Bank, N.A.
AVP Model Risk Management Analyst
|
$130,357/yr
|
RANGE: $108,761 - $151,953
|
Top 10 Highest Paying Cities For Model Risk Management Jobs in Texas
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 Texas.
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 Texas.
Houston takes first place in this list, followed by Galveston, Pasadena.
The Model Risk Management salary is $128,107 in Houston,
which is lower than the national average. There is 0 city's Model Risk Management salary higher than national average in Texas.
The average salary for a Model Risk Management in Texas is $125,181,
but we found that the city with the highest salary for Model Risk Management jobs is Houston, TX, and it is higher than Galveston.
Model Risk Management jobs in Houston can have the opportunity to earn higher salaries than in other cities in Texas.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Houston | $128,107 | $10,676 | $2,464 | $62 |
| Galveston | $127,633 | $10,636 | $2,454 | $61 |
| Pasadena | $127,633 | $10,636 | $2,454 | $61 |
| Austin | $127,068 | $10,589 | $2,444 | $61 |
| Dallas | $126,734 | $10,561 | $2,437 | $61 |
| Plano | $126,734 | $10,561 | $2,437 | $61 |
| Garland | $126,734 | $10,561 | $2,437 | $61 |
| Irving | $126,734 | $10,561 | $2,437 | $61 |
| Richardson | $126,734 | $10,561 | $2,437 | $61 |
| Carrollton | $126,670 | $10,556 | $2,436 | $61 |
What Does a Model Risk Management Do?
In the mature stage, the MRM function seeks efficiencies and value, reducing the cost of managing model risk while ensuring that models are of the highest quality.
Updated December 05, 2021
A defective model caused one leading financial institution to suffer losses of several hundred million dollars when a coding error distorted the flow of information from the risk model to the portfolio-optimization process.
Updated October 28, 2021
This approach typically leads to the levels of conservatism being presented explicitly, at precise and well-defined locations in models, in the form of overlays subject to management oversight.
Updated October 18, 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
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Explore JobArchitectFrequently Asked Questions About a Model Risk Management Salaries
What is the average of a Model Risk Management in Texas?
The Model Risk Management salary range is from $110,661 to $139,574, and the average Model Risk Management salary is $125,181/year in Texas.
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.
