The salary trajectory of a Model Risk Specialist ranges between locations and employers. The salary starts at $103,029 per year (estimate) and goes up to $295,447 per year (estimate) for the highest level of seniority.
The estimated average salary for a Model Risk Specialist at BNY is $147,097 per year or $71 per hour, but some professionals have reported earning up to roughly $269,188 per year (90th percentile). The typical pay range is between $110,323 (25th percentile) and $205,936 (75th percentile) annually. This is based on 14 salaries submitted by BNY Model Risk Specialist professionals on Glassdoor, as of Jul 2026.
Model Risk Specialist professionals typically earn between $53 and $99 per hour.
Model Risk Specialist professionals typically earn between $9,194 and $17,161 monthly.
