The salary trajectory of a Model Risk Manager ranges between locations and employers. The salary starts at $102,980 per year (estimate) and goes up to $296,587 per year (estimate) for the highest level of seniority.
The estimated average salary for a Model Risk Manager at Union Bank is $159,439 per year or $77 per hour, but some professionals have reported earning up to roughly $274,274 per year (90th percentile). The typical pay range is between $120,772 (25th percentile) and $213,108 (75th percentile) annually. This is based on 7 salaries submitted by Union Bank 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 $10,064 and $17,759 monthly.
Risk Manager with an estimated total pay of $128K - $193K/yr