The salary trajectory of a Model Risk Manager ranges between locations and employers. The salary starts at $103,018 per year (estimate) and goes up to $295,649 per year (estimate) for the highest level of seniority.
The estimated average salary for a Model Risk Manager at MUFG is $159,250 per year or $77 per hour, but some professionals have reported earning up to roughly $273,918 per year (90th percentile). The typical pay range is between $120,634 (25th percentile) and $212,841 (75th percentile) annually. This is based on 7 salaries submitted by MUFG Model Risk Manager professionals on Glassdoor, as of Jul 2026.
Model Risk Manager professionals typically earn between $58 and $102 per hour.
Model Risk Manager professionals typically earn between $10,053 and $17,737 monthly.
Risk Management with an estimated total pay of $111K - $179K/yr