Home > Salary > Norway > 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: 1,844,027 NOK
Estimated Monthly Salary: 153,669 NOK
Estimated Weekly Salary: 35,462 NOK per week
Estimated Hourly Salary: 887 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 147,917 NOK
Estimated Weekly Salary: 34,135 NOK per week
Estimated Hourly Salary: 853 NOK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 167,093 USD
Estimated Monthly Salary: 13,924 USD
Estimated Weekly Salary: 3,213 USD per week
Estimated Hourly Salary: 80 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: 1,844,027 NOK
Estimated Monthly Salary: 153,669 NOK
Estimated Weekly Salary: 35,462 NOK per week
Estimated Hourly Salary: 887 NOK per hour
By working as Quantitative Analyst Risk a person can save up to 10,104 USD per month or 121,248 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 Norway, see costs of living in Norway.
Estimated Yearly Salary for Quantitative Analyst Risk
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Senior business consultant (1,935,329 NOK per year, pre-tax.)
Facilities engineer manager (1,408,550 NOK per year, pre-tax.)
Painting project manager (759,738 NOK per year, pre-tax.)
Food runner (310,805 NOK per year, pre-tax.)
Administrative support specialist (710,006 NOK per year, pre-tax.)
Quantitative Analyst Risk salary in Norway
Average Yearly Salary of Quantitative Analyst Risk in Norway is approximately 1,844,027 NOK (167,093 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: 1,844,027 NOK
Estimated Monthly Salary: 153,669 NOK
Estimated Weekly Salary: 35,462 NOK per week
Estimated Hourly Salary: 887 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,775,004 NOKEstimated Monthly Salary: 147,917 NOK
Estimated Weekly Salary: 34,135 NOK per week
Estimated Hourly Salary: 853 NOK per hour
Last revision of data: 2024-01-03Quantitative Analyst Risk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 167,093 USD
Estimated Monthly Salary: 13,924 USD
Estimated Weekly Salary: 3,213 USD per week
Estimated Hourly Salary: 80 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
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Risk job salary compared to average salary in Norway.
Comparison shows that a person working as Quantitative Analyst Risk in Norway earns on average:
1.89 times the average salary (or 189% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Risk job salary compared to average salary in Norway.
Comparison shows that a person working as Quantitative Analyst Risk in Norway earns on average:
1.89 times the average salary (or 189% 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 2,028,430 NOK and 2,673,839 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Quantitative Analyst Risk in Norway?
Living in Norway the approximate monthly expenses are: 3,820 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: 1,844,027 NOK
Estimated Monthly Salary: 153,669 NOK
Estimated Weekly Salary: 35,462 NOK per week
Estimated Hourly Salary: 887 NOK per hour
By working as Quantitative Analyst Risk a person can save up to 10,104 USD per month or 121,248 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 Norway, see costs of living in Norway.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Finland, Russia, Denmark. 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
Sweden is 109,897 USD
Finland is 94,786 USD
Russia is 22,382 USD
Denmark is 128,016 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 Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)
Data as of 2025Random salary:
Senior business consultant (1,935,329 NOK per year, pre-tax.)
Facilities engineer manager (1,408,550 NOK per year, pre-tax.)
Painting project manager (759,738 NOK per year, pre-tax.)
Food runner (310,805 NOK per year, pre-tax.)
Administrative support specialist (710,006 NOK per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=norway&job=quantitative-analyst-risk'><img src='https://optisalary.com/wp-content/graphs/salary/quantitative-analyst-risk-salary-in-norway-2025.jpg' alt='quantitative analyst risk salary in norway 2025' title='quantitative analyst risk salary in norway 2025' /></a>
Please note:Salary data displayed on this site is for reference only.
This website compiles salary data for educational use exclusively. While we endeavor to deliver accurate figures, we cannot ensure their full precision. Users are highly encouraged to consult other databases before finalizing financial decisions. Salary amounts vary based on multiple conditions, such as location, job role, and individual qualifications. We do not offer any guarantees as to the correctness of the provided data. Your access of this site acknowledges agreement of this notice.
Salary details presented on this website are intended for reference use exclusively. Our data comes from multiple inputs and may not necessarily be accurate. Users must cross-reference salary information independently before making financial decisions. The figures listed here may fluctuate due to factors such as location, industry standards, and individual skill sets. We cannot warrant that the data provided is flawless. By using this website, you accept that salary information is offered 'as is' and without warranties.