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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: 352,112 TRY
Estimated Monthly Salary: 29,343 TRY
Estimated Weekly Salary: 6,771 TRY per week
Estimated Hourly Salary: 169 TRY per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 28,329 TRY
Estimated Weekly Salary: 6,537 TRY per week
Estimated Hourly Salary: 163 TRY per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 18,480 USD
Estimated Monthly Salary: 1,540 USD
Estimated Weekly Salary: 355 USD per week
Estimated Hourly Salary: 9 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: 352,112 TRY
Estimated Monthly Salary: 29,343 TRY
Estimated Weekly Salary: 6,771 TRY per week
Estimated Hourly Salary: 169 TRY per hour
By working as Quantitative Analyst Risk a person can save up to 1,116 USD per month or 13,397 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 Turkey, see costs of living in Turkey.
Estimated Yearly Salary for Quantitative Analyst Risk
Last revision of data: 2025-01-04
Data as of 2025
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Quantitative Analyst Risk salary in Turkey
Average Yearly Salary of Quantitative Analyst Risk in Turkey is approximately 352,112 TRY (18,480 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: 352,112 TRY
Estimated Monthly Salary: 29,343 TRY
Estimated Weekly Salary: 6,771 TRY per week
Estimated Hourly Salary: 169 TRY per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 339,948 TRYEstimated Monthly Salary: 28,329 TRY
Estimated Weekly Salary: 6,537 TRY per week
Estimated Hourly Salary: 163 TRY per hour
Last revision of data: 2024-01-02Quantitative Analyst Risk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 18,480 USD
Estimated Monthly Salary: 1,540 USD
Estimated Weekly Salary: 355 USD per week
Estimated Hourly Salary: 9 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
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Country:
Salary comparison to National average
Turkey, officially known as the Republic of Turkey, is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a smaller portion on the Balkan Peninsula in Southeast Europe. It has a population of approximately 82 million people, making it one of the most populous countries in the world. The land area of Turkey is about 783,356 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 182,974 TRY (10,590 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Risk job salary compared to average salary in Turkey.
Comparison shows that a person working as Quantitative Analyst Risk in Turkey earns on average:
1.92 times the average salary (or 192% of average salary).
Estimated national average yearly salary is 182,974 TRY (10,590 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Risk job salary compared to average salary in Turkey.
Comparison shows that a person working as Quantitative Analyst Risk in Turkey earns on average:
1.92 times the average salary (or 192% 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 387,323 TRY and 510,562 TRY. However this is an estimation based on Gaussian Distribution.How much can you save working as Quantitative Analyst Risk in Turkey?
Living in Turkey the approximate monthly expenses are: 424 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: 352,112 TRY
Estimated Monthly Salary: 29,343 TRY
Estimated Weekly Salary: 6,771 TRY per week
Estimated Hourly Salary: 169 TRY per hour
By working as Quantitative Analyst Risk a person can save up to 1,116 USD per month or 13,397 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 Turkey, see costs of living in Turkey.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Greece, Bulgaria, Georgia, Armenia, Azerbaijan, Iran, Iraq, Syria.. 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
Greece is 38,124 USD
Iran is 13,766 USD
Iraq is 10,469 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 Turkey
(2,099,459 TRY per year, pre-tax.)
2. Cardiologist
(1,754,102 TRY per year, pre-tax.)
(1,691,394 TRY per year, pre-tax.)
(1,640,570 TRY per year, pre-tax.)
5. Neurosurgeon
(1,632,934 TRY per year, pre-tax.)
(1,598,581 TRY per year, pre-tax.)
7. Oncologist
(1,595,801 TRY per year, pre-tax.)
(1,594,037 TRY per year, pre-tax.)
(1,593,001 TRY per year, pre-tax.)
(1,592,836 TRY per year, pre-tax.)
Data as of 2025Random salary:
Web manager (208,597 TRY per year, pre-tax.)
Nutrition clerk (82,456 TRY per year, pre-tax.)
Behavioral health technician (125,139 TRY per year, pre-tax.)
Satellite systems engineer (330,064 TRY per year, pre-tax.)
Mvs systems programmer (353,145 TRY per year, pre-tax.)
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Please note:The salary data presented here are intended for informational purposes only.
The salary figures on optisalary.com are meant for informational purposes only. We compile salary data from multiple providers, but do not ensure absolute accuracy. Users should independently confirm salaries before making financial commitments. Salary fluctuations occur due to company policies, negotiation skills, and experience levels. We disclaim any guarantee regarding the validity of the listed salary data. By accessing this site, you agree that salary data is not definitive.
The salary estimates on optisalary.com are meant for informational use only. We collect salary data from varied sources, but do not ensure absolute accuracy. Users should on their own confirm salaries before making career decisions. Salary variations occur due to company policies, negotiation skills, and experience levels. We disclaim any warranty regarding the correctness of the listed salary data. By accessing this site, you acknowledge that salary data is not definitive.