How Much Does a Risk Modeling Analyst Make in Rhode Island?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Risk Modeling Analyst in Rhode Island is $84,098. While Salary.com is seeing that Risk Modeling Analyst salary in RI can go up to $105,503 or down to $63,041, but most earn between $73,076 and $95,302. 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
$68,685
Rhode Island
Per Year
Risk Modeling Analyst III
$119,807
Rhode Island
Per Year
Risk Modeling Analyst II
$86,164
Rhode Island
Per Year
Risk Modeling Analyst IV
$137,782
Rhode Island
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
Fidelity TalentSource
Risk Analyst
$92,612/yr
$84,035
$101,188
RANGE: $84,035 - $101,188
CyberCube
Risk Modeling Analyst
$101,596/yr
$92,036
$111,156
RANGE: $92,036 - $111,156
Citizens
ETS Risk Principal Analyst- Technology and Cyber Risk
$103,388/yr
$92,977
$113,799
RANGE: $92,977 - $113,799
Cybcube, Inc
Technical Underwriting & Risk Modeling Analyst
$149,904/yr
$137,040
$162,768
RANGE: $137,040 - $162,768
FMR LLC
ETRA Principal Technology Risk Analyst
$100,023/yr
$91,861
$108,185
RANGE: $91,861 - $108,185
Care New England
Risk Manager/Event Database Analyst
$106,381/yr
$96,316
$116,445
RANGE: $96,316 - $116,445
Kent Hospital
Risk Manager/Event Database Analyst
$103,399/yr
$94,167
$112,631
RANGE: $94,167 - $112,631
Lensa
Sr. Analyst, Risk Management - Market Risk (Remote Consideration)
$92,485/yr
$83,968
$101,002
RANGE: $83,968 - $101,002
Huntington National Bank
Quantitative Risk Modeling Analytics Sr Analyst
$99,628/yr
$89,884
$109,372
RANGE: $89,884 - $109,372

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Top 10 Highest Paying Cities For Risk Modeling Analyst Jobs in Rhode Island

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 Rhode Island. 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 Rhode Island. Westerly takes first place in this list, followed by Tiverton, Newport. The Risk Modeling Analyst salary is $85,850 in Westerly, which is higher than the national average. There are 12 cities' Risk Modeling Analyst salary higher than national average in Rhode Island.
The average salary for a Risk Modeling Analyst in Rhode Island is $84,098, but we found that the city with the highest salary for Risk Modeling Analyst jobs is Westerly, RI, and it is higher than Tiverton. Risk Modeling Analyst jobs in Westerly can have the opportunity to earn higher salaries than in other cities in Rhode Island.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Westerly $85,850 $7,154 $1,651 $41
Tiverton $85,501 $7,125 $1,644 $41
Newport $84,982 $7,082 $1,634 $41
Narragansett $84,958 $7,080 $1,634 $41
Providence $84,057 $7,005 $1,616 $40
Warwick $84,057 $7,005 $1,616 $40
Cranston $84,057 $7,005 $1,616 $40
Pawtucket $84,057 $7,005 $1,616 $40
East Providence $84,057 $7,005 $1,616 $40
Cumberland $84,057 $7,005 $1,616 $40

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 Rhode Island?

The Risk Modeling Analyst salary range is from $73,076 to $95,302, and the average Risk Modeling Analyst salary is $84,098/year in Rhode Island. 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.