Has the latest financial crisis revolutionised risk functions salaries and bonuses?
We have examined 2014/2013 salary and bonus data from 110 Risk professionals working in London, New York, Paris, Zurich, Hong Kong and Singapore at VP level.
Highlights:
The spotlight has been on Risk functions over the last few years with tighter controls to be implemented necessitating the recruitment of entire teams. These figures suggest that US institutions are taking the matter especially seriously with highly competitive pay packages.
London | 2012 | 2013 | 2014 |
---|---|---|---|
Base salary | £115,000 | £155,000 | £120,000 |
Bonus | £50,000 | £57,000 | £35,000 |
Total Compensation | £160,000 | £198,000 | £160,000 |
Source: Emolument Average Figures
London | Top US Banks | Top European Banks |
---|---|---|
Base salary | £165,000 | £130,000 |
Bonus | £60,000 | £50,000 |
Total Compensation | £218,000 | £180,000 |
Source: Emolument Average Figures
Source: Emolument Average Figures
Emolument provides bonus and salary statistics based on data submitted directly by professionals like you. It is free, anonymous, and already a trusted tool for thousands of professionals worldwide. Are you paid enough? Click here to find out now.
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