Risk Control Consultant salary in Iceland

Average Yearly Salary of Risk Control Consultant in Iceland is approximately 15,056,484 ISK (105,669 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 Consultant 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 Consultant make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Risk Control Consultant a well paid job?

Yes, our data shows that Risk Control Consultant 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 Consultant?

High salary for Risk Control Consultant would be somewhere between 16,562,132 ISK and 21,831,902 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Risk Control Consultant 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: 15,056,484 ISK
Estimated Monthly Salary: 1,254,707 ISK
Estimated Weekly Salary: 289,548 ISK per week
Estimated Hourly Salary: 7,239 ISK per hour
By working as Risk Control Consultant a person can save up to 6,077 USD per month or 72,923 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 Consultant

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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