How Much Does a Risk Modeling Analyst Make?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Risk Modeling Analyst in the United States is $81,113. While Salary.com is seeing that Risk Modeling Analyst salary in the US can go up to $101,758 or down to $60,803, but most earn between $70,482 and $91,919. 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 Risk Modeling Analyst
Risk Modeling Analyst I
$66,247
US
Per Year
Risk Modeling Analyst III
$115,555
US
Per Year
Risk Modeling Analyst II
$83,106
US
Per Year
Risk Modeling Analyst IV
$132,892
US
Per Year
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Similar Job Salaries to Risk Modeling Analyst by Company

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Company average base salary in (usd) range
Peapack Private Bank & Trust
Credit Risk Modeling Analyst
$91,010/yr
$80,651
$101,368
RANGE: $80,651 - $101,368
Huntington National Bank
Quantitative Risk Modeling Analyst
$71,076/yr
$63,542
$78,610
RANGE: $63,542 - $78,610
BMO Bank N.A.
Senior Analyst, Risk Modeling and Analytics (Hybrid)
$109,501/yr
$100,702
$118,301
RANGE: $100,702 - $118,301
BMO U.S.
Senior Analyst, Risk Modeling and Analytics (Hybrid)
$107,590/yr
$98,246
$116,933
RANGE: $98,246 - $116,933
KPMG US
Senior Associate, Risk Modeling
$98,460/yr
$89,758
$107,162
RANGE: $89,758 - $107,162
Selby Jennings
Quantitative Risk Modeling Expert
$95,232/yr
$87,024
$103,441
RANGE: $87,024 - $103,441
KPMG US
Director, Modeling Risk
$193,242/yr
$176,390
$210,095
RANGE: $176,390 - $210,095

Open Risk Modeling Analyst Jobs in the United States

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What Does a Risk Modeling Analyst Do?

With the continuous evolution of technology, banks are continually researching and developing effective ways of modeling credit risk.
Updated December 21, 2021
At startups and other small organizations, it is not uncommon for a data analyst to take on some of the predictive modeling or decision-making responsibilities that may otherwise be assigned to a data scientist.
Updated December 19, 2021
By covering the concepts of probability theory, statistical modeling, data visualization, predictive analytics, and risk management in the context of a business environment.
Updated December 18, 2021
While the approaches we study all have their merits and have comparable accuracy levels, we believe that to improve default prediction accuracy and to expand the field of credit risk modeling in general, efforts should focus on the data dimension.
Updated December 09, 2021
The bank is looking to hire a highly motivated candidate with a strong quantitative skillset who can assist with retail credit risk modeling and monitoring, and can be a key point person for all PD, LGD, EAD analytics.
Updated December 03, 2021

Frequently Asked Questions About a Risk Modeling Analyst Salaries

What is the average of a Risk Modeling Analyst in the United States?

The Risk Modeling Analyst salary range is from $70,482 to $91,919, and the average Risk Modeling Analyst salary is $81,113/year in the United States. The Risk Modeling Analyst's salary will change in different locations.

Which location pays the highest Risk Modeling Analyst salary in the United States?

The Risk Modeling Analyst salary in San Jose, CA is $102,308 which is the highest in the US.

What kinds of reasons will influence the Risk Modeling Analyst'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 Risk Modeling Analyst.

What is the growth rate of the Risk Modeling Analyst's salary?

If you are thinking of becoming a Risk Modeling Analyst or planning the next step in your career, find the detailed salary report of a Risk Modeling Analyst.

Recent Salary Report

Below are the most recent Risk Modeling Analyst salary reports. Employer name has been removed to protect anonymity.

$99,731 Yearly
A Risk Modeling Analyst in Olympia, WA reported making $99,731 per year
Olympia, WA
200 - 6 employees
Full-Time
Company - Private
$98,342 Yearly
A Risk Modeling Analyst in Frederick, MD reported making $98,342 per year
Frederick, MD
100 - 200 employees
Full-Time
Company - Private
$95,218 Yearly
A Risk Modeling Analyst in Simi Valley, CA reported making $95,218 per year
Simi Valley, CA
6 - 1,000 employees
Full-Time
Company - Private
$40 Hourly
A Risk Modeling Analyst in Olive Branch, MS reported making $40 per hour
Olive Branch, MS
3,000 - 7,6 employees
Part-Time
Company - Public
$38 Hourly
A Risk Modeling Analyst in Clackamas, OR reported making $38 per hour
Clackamas, OR
7,6 - 15,000 employees
Part-Time
Company - Public
$6,922 Monthly
A Risk Modeling Analyst in Oregon City, OR reported making $6,922 per month
Oregon City, OR
1,000 - 3,000 employees
Full-Time
Company - Public