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Salary data for country: Singapore
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Banking

Salary for position Risk Specialist in Singapore

Gross salary in Singapore is
An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:
36K - 124K USD
10% earn less lthan 36K USD
10% earns more than 124K USD
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Salaries in the survey are expressed in gross.

Based on the Paylab.com salary survey, 80% of people on the Risk Specialist position in the Singapore earn between 36,335 USD and 124,017 USD annually gross.

10% of employees earn less than 36,335 USD and 10% of people earn more than 124,017 USD.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.
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What kind of work does Risk Specialist typically do

  • Identifying credit, market, operational, strategic and liquidity risks potentially threatening the assets and cash flow of the bank.
  • Developing methodology for measuring individual types of risks.
  • Designing and analysing measures to prevent risks.
  • Designing solutions to cover damage in case of risks.
  • Using external registers (e.g. credit register, register of Social Security debtors, etc.) in assessing risks.
  • Cooperating with product and project managers, underwriters and other bank departments.

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The most common career path of an employee

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Position Risk Specialist in the labour market

In the salary ranking,
the job position takes

148. place

Women representation in position

n/a

Average age of respondent by position

n/a

703. place

Nursery School Teacher Assistant

Education, Science & Research

Salary group 1

15,941 - 40,295 USD

149. place

Maintenance Supervisor

Management

Salary group 2

45,395 - 111,321 USD

148. place

Risk Specialist

Banking

Salary group 2

36,335 - 124,017 USD

147. place

School Principal

Top Management

Salary group 2

41,950 - 116,897 USD

1. place

Chief Executive Officer

Top Management

Salary group 3

110,614 - 300,999 USD

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Frequently asked Questions

Frequently asked questions and answers about the salary for the position Risk Specialist.

The total gross salary for the position Risk Specialist ranges between 3,230 USD and 23,392 USD per month. For an accurate comparison, we recommend checking your salary through the questionnaire on Paylab.com to get a more precise view of the salary, considering the region where you work.

The highest-earning employees in the position Risk Specialist have a total gross salary of at least 10,335 USD per month.

10% of the highest-earning employees in this position have a total gross salary higher than 10,335 USD per month, and 10% of the lowest-earning employees in this position have a total gross salary lower than 3,028 USD per month. By participating in our salary survey, you will get an accurate comparison of your salary with the market average, considering the region where you work.

After working for 5 years, the position Risk Specialist earns 7,869 USD per month gross.

You need to be well prepared for salary negotiations. During salary negotiation, we recommend focusing on the following aspects:
  • find out the current market value of the position – on Paylab.com you can check it for free and anonymously
  • highlight your experience and achievements – it is good to time the salary discussion well
  • expanded responsibilities – if you work beyond your role and assigned duties
  • prepare alternatives – if a salary increase is not possible, there are other options (bonuses, extra vacation, etc.)

The salary data comes from a pay survey where everyone can anonymously compare their salary with other employees working in the same position. We clean and process this data according to our methodology. For the position Risk Specialist, we currently have less than 20 verified respondents collected.