What are the main factors that influence a Risk Associate's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Risk Associate's salary?

A Risk Associate's salary grows with experience: a Risk Associate (0-2 years)earns $72,586, a Risk Analyst II (2-4 years)earns $89,130, a Risk Analyst III (4-7 years)earns $108,536, a Risk Analyst IV (7+ years)earns $137,446, a Risk Analyst V (7-10 years)earns $174,622,

What are the highest paying states for a Risk Associate?

Risk Associate salary varies significantly by state. The top 3 highest paying states for Risk Associate roles are District of Columbia $72,640, California $72,364, Massachusetts $71,400. These tech hubs typically pay 10-15% above the national average.

How much do different types of Risk Associate roles make?

Salaries for Risk Associate level roles vary by specialization: Associate Director Market Risk: $172,220; Operational Risk Associate: $113,739; Credit Risk Associate: $109,753; Associate (Risk & Compliance): $98,468; Market Risk Associate: $78,639.

Risk Associate Salary in District of Columbia

How much does a Risk Associate make in District of Columbia?

As of May 18, 2021, the average salary for a Risk Associate in District of Columbia is $73,020 per year, which breaks down to an hourly rate of $35.

However, a Risk Associate's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $85,614
Majority Range (25th-75th percentile): $67,758 to $79,612
Entry-Level (10th percentile): $62,967

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Risk Associate Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$79,612	$6,634	$1,531	$38
Average	$73,020	$6,085	$1,404	$35
25th Percentile	$67,758	$5,647	$1,303	$33

You may get higher pay by adjusting the following factors:

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Key Factors That Influence Risk Associate Salaries

A Risk Associate's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Risk Associate Salaries?

Experience is a primary driver of a Risk Associate's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $72,586
Early Career (1-2 years): $89,130
Mid-Level (2-4 years): $108,536
Senior-Level (5-8 years): $137,446
Expert (over 8 years): $174,622

Levels	Salary
Risk Asso... Level Risk Associate	$72,586
Risk Anal... Level Risk Associate	$89,130
Risk Anal... Level Risk Associate	$108,536
Risk Anal... Level Risk Associate	$137,446
Risk Anal... Level Risk Associate	$174,622

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What Am I Worth?

How Do Risk Associate Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Risk Associates. For example, consider the average annual salaries in these key locations:

District of Columbia: $72,640.
California: $72,364.
Massachusetts: $71,400.

District of Columbia $72,640 California $72,364 Massachusetts $71,400 Washington $71,137 New Jersey $71,111 Alaska $71,019 Connecticut $70,114 New York $69,746

Hawaii $68,572 Rhode Island $68,021 Maryland $67,647 Minnesota $67,135 Colorado $66,938 Illinois $66,873 Oregon $66,624 Delaware $66,440

New Hampshire $66,324 Virginia $66,066 Pennsylvania $65,311 Nevada $64,931 North Dakota $64,806 Michigan $64,609 Wisconsin $64,537 Vermont $64,393

Texas $63,993 Maine $63,966 Arizona $63,927 Ohio $63,881 Georgia $63,278 Indiana $62,976 Wyoming $62,917 Utah $62,825

Iowa $62,786 Kansas $62,471 Louisiana $62,379 North Carolina $62,346 Missouri $62,333 Florida $62,077 Montana $61,939 Nebraska $61,808

Kentucky $61,736 South Carolina $61,473 Tennessee $61,309 Idaho $61,244 New Mexico $60,765 Oklahoma $60,660 Alabama $60,273 South Dakota $59,623

Arkansas $59,269 West Virginia $59,079 Mississippi $58,508

Top Paying Cities for Risk Associates

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Parcel Return Service: $72,640
Washington: $72,640
Naval Anacost Annex: $72,640

Parcel Return Service, DC $72,640 Washington, DC $72,640 Naval Anacost Annex, DC $72,640 Washington Navy Yard, DC $72,640

Risk Associate Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Risk Associate's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on May 18, 2021

$67,758

Average $73,020/year

$79,612

$5,647

Average $6,085/month

$6,634

$1,303

Average $1,404/week

$1,531

$33

Average $35/hour

$38

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$79,612	$6,634	$1,531	$38
Average	$73,020	$6,085	$1,404	$35
25th Percentile	$67,758	$5,647	$1,303	$33

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