How Much Does a Model Risk Management Make in Wichita, KS?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Model Risk Management in Wichita, KS is $118,649. While Salary.com is seeing that Model Risk Management salary in Wichita, KS can go up to $144,710 or down to $92,356, but most earn between $104,886 and $132,290. 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% $104,886 10% $92,356 90% $144,710 75% $132,290 $118,649 50%(Median)
Related Job Titles to Model Risk Management
Model Risk Analyst
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Model Risk Manager
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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
$118,617/yr
$108,010
$129,224
RANGE: $108,010 - $129,224
PenFed Credit Union
Manager, Model Risk Management
$121,565/yr
$111,037
$132,093
RANGE: $111,037 - $132,093
Premium Technology
AVP Model Risk Management
$118,966/yr
$107,711
$130,221
RANGE: $107,711 - $130,221
Athene
VP Model Risk Management
$154,184/yr
$139,859
$168,510
RANGE: $139,859 - $168,510
TBWA\Chiat\Day
Head of Model Risk Management
$101,933/yr
$93,377
$110,490
RANGE: $93,377 - $110,490
Mercury
Head of Model Risk Management
$115,166/yr
$105,499
$124,834
RANGE: $105,499 - $124,834
PenFed Credit Union
Sr. Analyst, Model Risk Management
$109,736/yr
$100,302
$119,170
RANGE: $100,302 - $119,170
Infosys
GenAI Model Risk Management Specialist
$101,268/yr
$92,539
$109,997
RANGE: $92,539 - $109,997
Tompkins Community Bank
Model Risk Management Program Coordinator
$125,006/yr
$112,764
$137,247
RANGE: $112,764 - $137,247
OCC
Senior Associate, Model Risk Management
$113,278/yr
$103,916
$122,639
RANGE: $103,916 - $122,639

Open Model Risk Management Jobs in Wichita, KS

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What Does a Model Risk Management Do?

Implementing an effective model risk management framework is a requisite for organizations that are heavily reliant on quantitative models for operations and decision making.
Updated November 15, 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 Wichita, KS?

The Model Risk Management salary range is from $104,886 to $132,290, and the average Model Risk Management salary is $118,649/year in Wichita, KS. 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.