Quantitative Analyst Risk salary in Iraq

Average Yearly Salary of Quantitative Analyst Risk in Iraq is approximately 15,545,778 IQD (10,469 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

How much does Quantitative Analyst Risk make?

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


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Salary comparison to National average

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 17,100,356 IQD and 22,541,378 IQD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Quantitative Analyst Risk in Iraq?

Living in Iraq the approximate monthly expenses are: 240 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: 15,545,778 IQD
Estimated Monthly Salary: 1,295,482 IQD
Estimated Weekly Salary: 298,957 IQD per week
Estimated Hourly Salary: 7,474 IQD per hour
By working as Quantitative Analyst Risk a person can save up to 632 USD per month or 7,589 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 Iraq, see costs of living in Iraq.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey.
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

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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