Risk Control Analyst salary in Iceland

Average Yearly Salary of Risk Control Analyst in Iceland is approximately 12,916,185 ISK (90,117 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 Analyst do?

A risk control analyst is responsible for identifying, assessing, and mitigating potential risks within an organization. They analyze various areas such as financial, operational, and compliance risks to ensure that proper controls are in place. The occupation involves conducting risk assessments, developing risk management strategies, and implementing risk control measures. Risk control analysts also monitor the effectiveness of existing controls and recommend improvements when necessary. They collaborate with different departments to gather data, evaluate processes, and provide recommendations for risk reduction. Additionally, they may assist in the development of policies and procedures to minimize potential risks. This role requires strong analytical skills, attention to detail, and the ability to communicate effectively with stakeholders.

Skills: Risk control, Risk assessment, Risk management, Compliance, Operational risk, Financial risk
Job industry: Finance

How much does Risk Control Analyst 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 Analyst a well paid job?

Yes, our data shows that Risk Control Analyst 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 Analyst?

High salary for Risk Control Analyst would be somewhere between 14,207,804 ISK and 18,728,468 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Risk Control Analyst 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: 12,916,185 ISK
Estimated Monthly Salary: 1,076,349 ISK
Estimated Weekly Salary: 248,388 ISK per week
Estimated Hourly Salary: 6,210 ISK per hour
By working as Risk Control Analyst a person can save up to 4,781 USD per month or 57,371 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 Analyst

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.

Top 10 highest salaries in Iceland

Data as of 2025

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