Risk Modeling Analyst Salaries in Newark, NJ
How Much Does a Risk Modeling Analyst Make in Newark, NJ?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Risk Modeling Analyst in Newark, NJ is $91,392.
While Salary.com is seeing that Risk Modeling Analyst salary in Newark, NJ can go up to $114,660
or down to $68,522, but most earn between $79,421 and $103,572.
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
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Similar Job Salaries to Risk Modeling Analyst by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
KPMG US
Director, Modeling Risk
|
$194,696/yr
|
RANGE: $177,717 - $211,675
|
|
Santander Holdings USA Inc Careers
Enterprise Risk Modeling Specialist
|
$141,517/yr
|
RANGE: $128,816 - $154,218
|
|
KPMG US
Senior Associate, Risk Modeling
|
$99,201/yr
|
RANGE: $90,433 - $107,968
|
|
Axis Capital
Cat Modeling Analyst
|
$85,690/yr
|
RANGE: $77,453 - $93,928
|
|
AXIS (AXIS Capital)
Catastrophe Modeling Analyst
|
$79,011/yr
|
RANGE: $71,148 - $86,875
|
|
CyberCube
Risk Modeling Analyst
|
$102,394/yr
|
RANGE: $92,759 - $112,029
|
|
Chemung Canal Trust Company
RISK AND MODELING ANALYST
|
$86,342/yr
|
RANGE: $78,033 - $94,651
|
|
JPMorganChase
Risk Management - Quant Modeling Lead - Vice President
|
$113,602/yr
|
RANGE: $103,035 - $124,168
|
|
JPMorgan Chase
Risk Management - Quant Modeling Lead - Vice President
|
$113,602/yr
|
RANGE: $103,035 - $124,168
|
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
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Explore JobArchitectFrequently Asked Questions About a Risk Modeling Analyst Salaries
What is the average of a Risk Modeling Analyst in Newark, NJ?
The Risk Modeling Analyst salary range is from $79,421 to $103,572, and the average Risk Modeling Analyst salary is $91,392/year in Newark, NJ.
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 $101,502
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.
