Risk Control Advisor salary in Iceland

Average Yearly Salary of Risk Control Advisor in Iceland is approximately 15,080,850 ISK (105,272 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 Risk Control Advisor do?

A Risk Control Advisor is responsible for identifying, assessing, and mitigating potential risks within an organization. They analyze data, evaluate processes, and develop strategies to minimize the impact of risks on business operations. Their primary goal is to ensure that the organization operates in a safe and compliant manner, while also protecting the interests of stakeholders. Risk Control Advisors work closely with various departments to understand the nature of their operations and identify potential risks. They conduct risk assessments, implement risk management plans, and provide recommendations to improve safety protocols and procedures. They also monitor and review existing risk control measures, making adjustments as necessary to maintain a proactive approach to risk management.

Skills: Risk management, Risk assessment, Compliance, Safety protocols, Data analysis, Stakeholder protection.
Job industry: Finance

How much does Risk Control Advisor make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Risk Control Advisor a well paid job?

Yes, our data shows that Risk Control Advisor 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 Risk Control Advisor?

High salary for Risk Control Advisor would be somewhere between 16,588,935 ISK and 21,867,233 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Risk Control Advisor in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 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: 15,080,850 ISK
Estimated Monthly Salary: 1,256,738 ISK
Estimated Weekly Salary: 290,016 ISK per week
Estimated Hourly Salary: 7,250 ISK per hour
By working as Risk Control Advisor a person can save up to 6,044 USD per month or 72,526 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 Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Risk Control Advisor

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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