Home > Salary > Ethiopia > Quantitative Analyst Risk
A Quantitative Analyst in Risk is responsible for analyzing and managing financial risks within a company or financial institution. They use mathematical and statistical models to assess and predict the potential risks associated with investment decisions, market fluctuations, and other financial activities. Their primary goal is to identify and mitigate potential risks by developing risk management strategies and providing recommendations to senior management.
Quantitative Analysts in Risk typically work closely with traders, portfolio managers, and other stakeholders to understand their risk appetite and develop appropriate risk management frameworks. They collect and analyze large sets of financial data, conduct stress tests, and perform scenario analysis to evaluate the impact of different risk factors on the organization's financial position. They also monitor market trends, regulatory changes, and industry best practices to ensure compliance and adapt risk management strategies accordingly.
Estimated Yearly Salary: 201,851 ETB
Estimated Monthly Salary: 16,821 ETB
Estimated Weekly Salary: 3,882 ETB per week
Estimated Hourly Salary: 97 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 16,220 ETB
Estimated Weekly Salary: 3,743 ETB per week
Estimated Hourly Salary: 94 ETB per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 3,363 USD
Estimated Monthly Salary: 280 USD
Estimated Weekly Salary: 65 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 201,851 ETB
Estimated Monthly Salary: 16,821 ETB
Estimated Weekly Salary: 3,882 ETB per week
Estimated Hourly Salary: 97 ETB per hour
By working as Quantitative Analyst Risk a person can save up to 203 USD per month or 2,441 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Quantitative Analyst Risk
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Medical director pediatrics (698,637 ETB per year, pre-tax.)
Vendor relations specialist (101,700 ETB per year, pre-tax.)
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Quantitative Analyst Risk salary in Ethiopia
Average Yearly Salary of Quantitative Analyst Risk in Ethiopia is approximately 201,851 ETB (3,363 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Quantitative Analyst Risk do?
A Quantitative Analyst in Risk is responsible for analyzing and managing financial risks within a company or financial institution. They use mathematical and statistical models to assess and predict the potential risks associated with investment decisions, market fluctuations, and other financial activities. Their primary goal is to identify and mitigate potential risks by developing risk management strategies and providing recommendations to senior management.
Quantitative Analysts in Risk typically work closely with traders, portfolio managers, and other stakeholders to understand their risk appetite and develop appropriate risk management frameworks. They collect and analyze large sets of financial data, conduct stress tests, and perform scenario analysis to evaluate the impact of different risk factors on the organization's financial position. They also monitor market trends, regulatory changes, and industry best practices to ensure compliance and adapt risk management strategies accordingly.
Skills: Quantitative Analyst, Risk Management, Financial Risk, Mathematical Modeling, Statistical Analysis, Risk Mitigation.
Job industry: Finance
Job industry: Finance
How much does Quantitative Analyst Risk make?
Salary details
How much does Quantitative Analyst Risk make?Estimated Yearly Salary: 201,851 ETB
Estimated Monthly Salary: 16,821 ETB
Estimated Weekly Salary: 3,882 ETB per week
Estimated Hourly Salary: 97 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 194,640 ETBEstimated Monthly Salary: 16,220 ETB
Estimated Weekly Salary: 3,743 ETB per week
Estimated Hourly Salary: 94 ETB per hour
Last revision of data: 2024-01-05Quantitative Analyst Risk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,363 USD
Estimated Monthly Salary: 280 USD
Estimated Weekly Salary: 65 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Risk job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Quantitative Analyst Risk in Ethiopia earns on average:
1.92 times the average salary (or 192% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Risk job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Quantitative Analyst Risk in Ethiopia earns on average:
1.92 times the average salary (or 192% of average salary).
Is Quantitative Analyst Risk a well paid job?
Yes, our data shows that Quantitative Analyst Risk is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Quantitative Analyst Risk?
High salary for Quantitative Analyst Risk would be somewhere between 222,036 ETB and 292,684 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Quantitative Analyst Risk in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 201,851 ETB
Estimated Monthly Salary: 16,821 ETB
Estimated Weekly Salary: 3,882 ETB per week
Estimated Hourly Salary: 97 ETB per hour
By working as Quantitative Analyst Risk a person can save up to 203 USD per month or 2,441 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Quantitative Analyst Risk
Sudan is 1,329 USD
Kenya is 10,491 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Certified professional coder (cpc) (67,887 ETB per year, pre-tax.)
Pharmaceutical detailer (214,740 ETB per year, pre-tax.)
Medical director pediatrics (698,637 ETB per year, pre-tax.)
Vendor relations specialist (101,700 ETB per year, pre-tax.)
Physical therapy aide (57,207 ETB per year, pre-tax.)
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Please note:The salary figures presented here are intended for reference purposes only.
optisalary.com compiles salary information for reference use only. While we strive to present correct figures, we cannot ensure their full precision. Users are highly advised to consult other sources before making career-related plans. Salary amounts fluctuate based on multiple factors, such as industry trends, negotiation power, and regional demand. We make no claims as to the validity of the listed data. Your access of this site indicates acceptance of this notice.
optisalary.com compiles salary data for reference purposes only. While we strive to present accurate figures, we do not ensure their full precision. Users are strongly encouraged to consult other sources before finalizing financial plans. Salary figures vary based on multiple conditions, such as industry trends, negotiation power, and regional demand. We do not offer any guarantees as to the validity of the provided data. Your access of this site indicates agreement of this notice.