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Risk salary survey, mark II
11 Jul 2008
Just in case last week’s pay porn for risk managers wasn’t enough to satisfy your curiosity, here we have another risk salary (and bonus) survey from recruitment firm PSD Group. The conclusion of this one? Market risk is hot, credit risk is not.

The accompanying write-up (which we are not displaying), talks of talent shortages in commodities and equity derivatives.

Director market risk, Salary range: £100-150k, Average bonus: 80-100%

VP market risk, Salary range: £85-110k, Average bonus: 40-50%

Associate market risk, Salary range: £55-65k, Average bonus: 30-40%

Analyst market risk, Salary range: £45-55k, Average bonus: 20%

Director credit risk, Salary range: £100-120k, Average bonus: 70-100%

VP credit risk, Salary range: £60-90k, Average bonus: 45-55%

Associate credit risk, Salary range: £45-60k, Average bonus: 20-30%

Analyst credit risk, Salary range: £35-40k, Average bonus: 20%

Director operational risk, Salary range: £100-150k, Average bonus: 50-75%

VP operational risk, Salary range: £65-85k, Average bonus: 40%

Associate operational risk, Salary range: £45-65k, Average bonus: 15-20%

Analyst operational risk, Salary range: £35-45k, Average bonus: 10%

Director quantitative analytics, Salary range: £90-150k, Average bonus:80-130%

VP quantitative analytics, Salary range: £65-100k, Average bonus: 70%

Quantitative associate, Salary range: £50-70k, Average bonus: 50%

Quantitative analyst, Salary range: £45-50k, Average bonus: 40%

Related Articles:
Risk salary survey
Risk managers hoofing it across to hedge funds
Measly pay for the model validators
Reader Comments
Date: 11 Jul 2008
Name/Email: fisherking ()
Company:
Guys, you must be out of your mind to think that a serious risk chief would settle for these figures. Maybe - as many - the risk types you look at are gentrified product controllers/accountants. Read the Risk Talent Associates surveys and you'll get a very different picture. Also, the current unforgiving market conditions are finally underscoring the dramatic difference between real risk people with trading experience and "risk counters", irrespective of the quant or acconting walk of life of the latter variety.

Date: 26 Oct 2008
Name/Email: Raz Muhammad ()
Company:
I'm really sorry to ask a foolish question! Is this sallary per anum? If yes, is it a justified amount paid to the risk manager or equivalent?

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Poll
The likelihood of writedowns spreading to corporate debt is:
Very, very low: 0.0%
Lowish: 25.0%
I don't know: 25.0%
Very high: 45.0%
Very, very high: 5.0%
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