How Much Does a Risk Modeling Analyst Make in New Mexico?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Risk Modeling Analyst in New Mexico is $75,127. While Salary.com is seeing that Risk Modeling Analyst salary in NM can go up to $94,248 or down to $56,316, but most earn between $65,281 and $85,136. 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
$71,368
New Mexico
Per Year
Risk Modeling Analyst III
$108,310
New Mexico
Per Year
Risk Modeling Analyst II
$88,074
New Mexico
Per Year
Risk Modeling Analyst IV
$130,237
New Mexico
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
$106,657/yr
$89,536
$123,779
RANGE: $89,536 - $123,779
Huntington National Bank
Quantitative Risk Modeling Analyst
$103,566/yr
$90,217
$116,916
RANGE: $90,217 - $116,916
CyberCube
Risk Modeling Analyst
$114,207/yr
$98,235
$130,179
RANGE: $98,235 - $130,179
Chemung Canal Trust Company
RISK AND MODELING ANALYST
$95,271/yr
$81,937
$108,606
RANGE: $81,937 - $108,606
BMO Bank N.A.
Senior Analyst, Risk Modeling and Analytics (Hybrid)
$123,189/yr
$106,557
$139,821
RANGE: $106,557 - $139,821
BMO U.S.
Senior Analyst, Risk Modeling and Analytics (Hybrid)
$118,615/yr
$101,681
$135,549
RANGE: $101,681 - $135,549
KPMG US
Director, Modeling Risk
$206,309/yr
$174,404
$238,213
RANGE: $174,404 - $238,213

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Top 10 Highest Paying Cities For Risk Modeling Analyst Jobs in New Mexico

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Risk Modeling Analyst can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Risk Modeling Analyst job salaries in New Mexico. Some cities can pay higher salaries for Risk Modeling Analyst jobs, which can indicate that there is a large demand for Risk Modeling Analyst positions in this city.
The following table shows top 10 cities where the Risk Modeling Analyst salary is higher than other cities in New Mexico. Santa Fe takes first place in this list, followed by Albuquerque, Rio Rancho. The Risk Modeling Analyst salary is $76,652 in Santa Fe, which is lower than the national average. There is 0 city's Risk Modeling Analyst salary higher than national average in New Mexico.
The average salary for a Risk Modeling Analyst in New Mexico is $75,127, but we found that the city with the highest salary for Risk Modeling Analyst jobs is Santa Fe, NM, and it is higher than Albuquerque. Risk Modeling Analyst jobs in Santa Fe can have the opportunity to earn higher salaries than in other cities in New Mexico.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Santa Fe $76,652 $6,388 $1,474 $37
Albuquerque $76,262 $6,355 $1,467 $37
Rio Rancho $76,019 $6,335 $1,462 $37
Farmington $75,240 $6,270 $1,447 $36
Clovis $72,442 $6,037 $1,393 $35
Alamogordo $72,353 $6,029 $1,391 $35
Hobbs $71,761 $5,980 $1,380 $35
Roswell $71,136 $5,928 $1,368 $34
Sunland Park $70,633 $5,886 $1,358 $34
Las Cruces $70,268 $5,856 $1,351 $34

What Does a Risk Modeling Analyst Do?

Credit risk modeling is a technique used by lenders to determine the level of credit risk associated with extending credit to a borrower.
Updated November 20, 2021
In the trading world, there’s a high demand for financial quantitative analysts, and many offer investors an investment approach that seeks a better understanding of markets in terms of alpha generation as well as risk management.
Updated November 16, 2021
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

Frequently Asked Questions About a Risk Modeling Analyst Salaries

What is the average of a Risk Modeling Analyst in New Mexico?

The Risk Modeling Analyst salary range is from $65,281 to $85,136, and the average Risk Modeling Analyst salary is $75,127/year in New Mexico. 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.