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Banking Risk Analyst Average Salary in Russia 2024

How much money does a person working as Banking Risk Analyst make in Russia?


Average Monthly Salary
104,000 RUB
( 1,240,000 RUB yearly)

LOW
51,800
RUB
AVERAGE
104,000
RUB
HIGH
161,000
RUB
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Banking Risk Analyst in Russia typically earns around 104,000 RUB. Salaries range from 51,800 RUB (lowest) to 161,000 RUB (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Banking Risk Analyst salaries in Russia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Banking Risk Analyst Pay Scale and Salaries in Russia

Median and salary distribution Russia Banking Risk Analyst monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
95,300 RUB or more
10% of people earn
84,500 to 95,300 RUB
20% of people earn
60,500 RUB or less
65% of people earn
60,500 to 84,500 RUB
Minimum Salary
51,800 RUB
Median
95,900 RUB
Maximum
161,000 RUB




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Banking Risk Analyst in Russia range from 51,800 RUB (starting salary) to 161,000 RUB (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 95,900 RUB, half of the professionals who work as Banking Risk Analyst in Russia earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Banking Risk Analyst in Russia earn less than 78,800 RUB, while 75% earn more. Similarly, the chart shows that 75% earn less than 109,000 RUB while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Banking Risk Analyst in Russia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 60,500 RUB to 84,500 RUB. About 20% of salaries are below the 60,500 RUB mark, while 10% fall within the range of 84,500 RUB to 95,300 RUB. Only 5% of individuals have salaries exceeding 95,300 RUB.

Salary Comparison by Years of Experience / Banking Risk Analyst / Russia

How do experience and age affect pay?

0 - 2 Years
62,200 RUB
2 - 5 Years+32%
82,300 RUB
5 - 10 Years+34%
110,000 RUB
10 - 15 Years+19%
131,000 RUB
15 - 20 Years+8%
142,000 RUB
20+ Years+7%
152,000 RUB
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Russia Banking Risk Analyst
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Banking Risk Analyst and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 62,200 RUB.

While someone with an experience level between two and five years is expected to earn 82,300 RUB, 32% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 110,000 RUB, 34% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 131,000 RUB, 19% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 142,000 RUB, 8% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 152,000 RUB, 7% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Banking Risk Analyst / Russia

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Banking Risk Analyst.

Bachelor's Degree
88,800 RUB
Master's Degree+58%
140,000 RUB
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Russia Banking Risk Analyst
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Banking Risk Analyst in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 88,800 RUB.


Level 2: Master's Degree

At this level, the average salary becomes 140,000 RUB, 58% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Russia costs anywhere from 521,000 RUB to 1,560,000 RUB and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Banking Risk Analyst / Russia

Salary comparison by gender Russia Banking Risk Analyst monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Banking Risk Analyst in Russia, the average difference between the salary of male and female employees is 5%.

Male
106,000 RUB
Female-5%
101,000 RUB
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Russia for all Careers

Salary comparison by gender monthly Russia
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Average Annual Salary Increment Percentage / Banking Risk Analyst / Russia

How much are annual salary increments in Russia for individuals working as Banking Risk Analyst? How often do employees get salary raises?

Individuals working as Banking Risk Analyst in Russia are likely to observe a salary increase of approximately 12% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.

Annual Salary Increment Rate Russia Banking Risk Analyst
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Russia / All Professions

Annual Salary Increment Rate Russia
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Russia is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Banking Risk Analyst / Russia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Russia Banking Risk Analyst
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20% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 80% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 8% of their annual salary.

Received Bonus
80%
No Bonus
20%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Banking Risk Analyst / Russia


600 RUB per hour

The average hourly wage (pay per hour) for individuals working as Banking Risk Analyst in Russia is 600 RUB.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Banking Risk Analyst in Russia is 300 RUB. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Banking-100%
AML Analyst161,000 RUB+55%
Assistant Bank Branch Manager131,000 RUB+26%
Assistant Bank Manager177,000 RUB+71%
ATM Manager147,000 RUB+42%
ATM Service Technician39,500 RUB-62%
Bank Accounts Analyst56,300 RUB-46%
Bank Accounts Collector36,900 RUB-64%
Bank Accounts Controller73,600 RUB-29%
Bank Accounts Executive107,000 RUB+3%
Bank Accounts Manager134,000 RUB+29%
Bank Auditing Manager125,000 RUB+21%
Bank Branch Manager182,000 RUB+76%
Bank Branch Operations Coordinator76,300 RUB-26%
Bank Clerk33,300 RUB-68%
Bank Client Service Associate48,300 RUB-53%
Bank Collector35,900 RUB-65%
Bank Compliance Specialist98,800 RUB-5%
Bank Manager210,000 RUB+100%
Bank Operational Risk Manager202,000 RUB+95%
Bank Operations Head224,000 RUB+120%
Bank Operations Officer85,000 RUB-18%
Bank Operations Specialist129,000 RUB+24%
Bank Process Manager118,000 RUB+14%
Bank Product Manager 140,000 RUB+35%
Bank Programme Manager143,000 RUB+38%
Bank Project Manager174,000 RUB+68%
Bank Propositions Manager144,000 RUB+39%
Bank Quantitative Analyst105,000 RUB+1%
Bank Regional Manager229,000 RUB+120%
Bank Regional Risk Officer114,000 RUB+10%
Bank Relationship Manager165,000 RUB+59%
Bank Relationship Officer71,500 RUB-31%
Bank Sustainability Analyst128,000 RUB+24%
Bank Teller37,800 RUB-64%
Banker73,900 RUB-29%
Banking Business Analyst112,000 RUB+8%
Banking Business Development Officer71,000 RUB-31%
Banking Business Planning Executive164,000 RUB+58%
Banking Data Analyst129,000 RUB+24%
Banking Product Manager132,000 RUB+27%
Banking Reference Data Manager120,000 RUB+16%
Banking Regulatory Compliance Officer129,000 RUB+24%
Banking Risk Analyst104,000 RUB+0%
Banking Technical Analyst56,600 RUB-45%
Bankruptcy Coordinator74,800 RUB-28%
Bill and Account Collector39,800 RUB-62%
Blockchain Analyst90,000 RUB-13%
Blockchain Architect113,000 RUB+9%
Blockchain Auditor98,200 RUB-5%
Blockchain Compliance Analyst99,300 RUB-4%
Blockchain Consultant102,000 RUB-2%
Blockchain Trade Facilitator87,800 RUB-15%
Budget Analyst106,000 RUB+2%
Capital Risk Manager214,000 RUB+110%
Cards Marketing Manager133,000 RUB+28%
Cash Management Manager194,000 RUB+87%
Check Processing Manager141,000 RUB+36%
Chief Blockchain Officer120,000 RUB+16%
Commercial Vault Associate108,000 RUB+4%
Corporate Banker80,100 RUB-23%
Corporate Dealer111,000 RUB+7%
Credit Analyst87,600 RUB-15%
Credit and Collections Manager149,000 RUB+44%
Credit Card Fraud Investigator112,000 RUB+8%
Credit Portfolio Manager207,000 RUB+100%
Credit Risk Analyst128,000 RUB+24%
Credit Risk Associate114,000 RUB+10%
Cryptocurrency Accountant68,500 RUB-34%
Cryptocurrency Adviser130,000 RUB+25%
Cryptocurrency Analyst106,000 RUB+2%
Cryptocurrency Compliance Manager128,000 RUB+24%
Cryptocurrency Trader113,000 RUB+9%
Digital Banking Manager148,000 RUB+43%
Digital Currency Analyst108,000 RUB+4%
Direct Bank Sales Representative75,000 RUB-28%
Exchange Control Consultant115,000 RUB+11%
Executive Account Analyst103,000 RUB-1%
Financial Bank Planning Consultant144,000 RUB+39%
Financial Banking Analysis Manager165,000 RUB+59%
Financial Banking Assistant52,400 RUB-49%
Financial Banking Systems Manager147,000 RUB+42%
Foreign Exchange Manager153,000 RUB+48%
Fraud Analyst115,000 RUB+11%
Fraud Detection Associate82,300 RUB-21%
Fraud Detection Manager177,000 RUB+71%
Fraud Detection Supervisor97,300 RUB-6%
Internal Bank Audit Manager195,000 RUB+88%
Internal Bank Auditor101,000 RUB-3%
Internal Private Banker77,400 RUB-25%
International Banking Manager232,000 RUB+120%
Investment Banking Analyst153,000 RUB+48%
Loan Analyst112,000 RUB+8%
Loan Area Manager127,000 RUB+23%
Loan Audit Team Leader119,000 RUB+15%
Loan Branch Manager128,000 RUB+24%
Loan Business Development Officer67,500 RUB-35%
Loan Clerk38,600 RUB-63%
Loan Collection and Recovery Manager138,000 RUB+33%
Loan Collection Manager128,000 RUB+24%
Loan Collector37,000 RUB-64%
Loan Examiner48,300 RUB-53%
Loan Officer41,500 RUB-60%
Loan Processing Manager117,000 RUB+13%
Loan Processor47,700 RUB-54%
Loan Quality Assurance Auditor116,000 RUB+12%
Loan Quality Assurance Manager126,000 RUB+22%
Loan Quality Assurance Representative82,600 RUB-20%
Loan Review Manager122,000 RUB+18%
Loan Team Leader107,000 RUB+3%
Loans Manager141,000 RUB+36%
Mortgage Advisor79,400 RUB-23%
Mortgage Collection Manager131,000 RUB+26%
Mortgage Collector35,900 RUB-65%
Mortgage Credit Analyst57,000 RUB-45%
Mortgage Credit Manager117,000 RUB+13%
Mortgage Development Manager146,000 RUB+41%
Mortgage Document Reviewer48,600 RUB-53%
Mortgage Funding Manager141,000 RUB+36%
Mortgage Operations Manager188,000 RUB+81%
Mortgage Payment Processing Clerk40,500 RUB-61%
Mortgage Processing Manager122,000 RUB+18%
Mortgage Processor51,900 RUB-50%
Mortgage Quality Assurance Auditor114,000 RUB+10%
Mortgage Quality Assurance Manager127,000 RUB+23%
Mortgage Servicing Clerk39,300 RUB-62%
Mortgage Servicing Manager122,000 RUB+18%
Mortgage Underwriter46,600 RUB-55%
Online Banking Manager193,000 RUB+86%
Open Banking Strategist113,000 RUB+9%
Payment Processing Clerk38,500 RUB-63%
Personal Banker77,800 RUB-25%
Personal Banking Advisor 77,800 RUB-25%
Phone Banker51,300 RUB-51%
Private Banker76,900 RUB-26%
Reconciliation and Investigation Specialist90,200 RUB-13%
Tax Officer63,500 RUB-39%
Teller37,700 RUB-64%
Trade Officer43,400 RUB-58%
Trade Product Manager135,000 RUB+30%
Trader55,200 RUB-47%
Treasury Operations Officer100,000 RUB-4%
Wealth Management Advisor166,000 RUB+60%

Salary Comparison By City

CityAverage Salary
Moscow131,000 RUB
Saint Petersburg124,000 RUB

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Russia is 6% on average across all career fields.

Private Sector
101,000 RUB
Public Sector+6%
108,000 RUB
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Banking Risk Analyst in Russia?

A good and competitive compensation would range anywhere between 95,900 RUB and 109,000 RUB. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Banking Risk Analyst in Russia ranges from 51,800 RUB to 78,800 RUB. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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