Banking Risk Analyst Average Salary in Guadalajara 2024
How much money does a person working as Banking Risk Analyst make in Guadalajara?
LOW
22,500
MXN AVERAGE
45,800
MXN HIGH
71,500
MXN
A person working as Banking Risk Analyst in Guadalajara typically earns around 45,800 MXN. Salaries range from 22,500 MXN (lowest) to 71,500 MXN (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Banking Risk Analyst salaries in Guadalajara vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Banking Risk Analyst Pay Scale and Salaries in Guadalajara
Salary Structure and Pay Scale Comparison
42,500 MXN or more
37,500 to 42,500 MXN
26,600 MXN or less
26,600 to 37,500 MXN
 22,500 MXN |
42,700 MXN |
71,500 MXN |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Banking Risk Analyst in Guadalajara range from 22,500 MXN (starting salary) to 71,500 MXN (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 42,700 MXN, half of the professionals who work as Banking Risk Analyst in Guadalajara earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Banking Risk Analyst in Guadalajara earn less than 35,000 MXN, while 75% earn more. Similarly, the chart shows that 75% earn less than 48,900 MXN while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Banking Risk Analyst in Guadalajara compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 26,600 MXN to 37,500 MXN. About 20% of salaries are below the 26,600 MXN mark, while 10% fall within the range of 37,500 MXN to 42,500 MXN. Only 5% of individuals have salaries exceeding 42,500 MXN.
Salary Comparison by Years of Experience / Banking Risk Analyst / Guadalajara
How do experience and age affect pay?
| 0 - 2 Years | 26,600 MXN | |
| 2 - 5 Years | +29% | 34,200 MXN |
| 5 - 10 Years | +38% | 47,200 MXN |
| 10 - 15 Years | +24% | 58,500 MXN |
| 15 - 20 Years | +7% | 62,700 MXN |
| 20+ Years | +7% | 66,800 MXN |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Banking Risk Analyst and this is what we found.
Employees with less than two years of experience earn approximately 26,600 MXN.
While someone with an experience level between two and five years is expected to earn 34,200 MXN, 29% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 47,200 MXN, 38% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 58,500 MXN, 24% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 62,700 MXN, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 66,800 MXN, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Banking Risk Analyst / Guadalajara
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Banking Risk Analyst.
| Bachelor's Degree | 33,200 MXN | |
| Master's Degree | +60% | 53,300 MXN |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Banking Risk Analyst in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 33,200 MXN.
Level 2: Master's Degree
At this level, the average salary becomes 53,300 MXN, 60% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Mexico costs anywhere from 167,000 MXN to 500,000 MXN and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Banking Risk Analyst / Guadalajara
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Banking Risk Analyst in Mexico, the average difference between the salary of male and female employees is 8%.
| Male | 37,100 MXN | |
| Female | -7% | 34,300 MXN |
Salary Comparison By Gender in Mexico for all Careers
Average Annual Salary Increment Percentage / Banking Risk Analyst / Guadalajara
How much are annual salary increments in Guadalajara for individuals working as Banking Risk Analyst? How often do employees get salary raises?
Individuals working as Banking Risk Analyst in Mexico are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.
Mexico / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Banking Risk Analyst / Mexico
How much and how often are bonuses being awarded?
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Banking Risk Analyst / Guadalajara
260 MXN per hourThe average hourly wage (pay per hour) for individuals working as Banking Risk Analyst in Guadalajara is 260 MXN.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Banking Risk Analyst in Guadalajara is 130 MXN. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Banking |  -100% | |
| AML Analyst | 69,100 MXN |  +51% |
| Assistant Bank Branch Manager | 55,100 MXN | +20% |
| Assistant Bank Manager | 77,100 MXN | +68% |
| ATM Manager | 64,500 MXN | +41% |
| ATM Service Technician | 17,600 MXN | -62% |
| Bank Accounts Analyst | 24,400 MXN | -47% |
| Bank Accounts Collector | 15,500 MXN | -66% |
| Bank Accounts Controller | 31,000 MXN | -32% |
| Bank Accounts Executive | 45,400 MXN | -1% |
| Bank Accounts Manager | 57,700 MXN | +26% |
| Bank Auditing Manager | 56,100 MXN | +22% |
| Bank Branch Manager | 75,900 MXN | +66% |
| Bank Branch Operations Coordinator | 32,500 MXN | -29% |
| Bank Clerk | 15,000 MXN | -67% |
| Bank Client Service Associate | 20,100 MXN | -56% |
| Bank Collector | 15,800 MXN | -66% |
| Bank Compliance Specialist | 40,600 MXN | -11% |
| Bank Manager | 86,700 MXN | +89% |
| Bank Operational Risk Manager | 93,200 MXN | +100% |
| Bank Operations Head | 90,400 MXN | +97% |
| Bank Operations Officer | 35,000 MXN | -24% |
| Bank Operations Specialist | 53,600 MXN | +17% |
| Bank Process Manager | 51,000 MXN | +11% |
| Bank Product Manager | 56,900 MXN | +24% |
| Bank Programme Manager | 60,100 MXN | +31% |
| Bank Project Manager | 72,900 MXN | +59% |
| Bank Propositions Manager | 63,200 MXN | +38% |
| Bank Quantitative Analyst | 43,900 MXN | -4% |
| Bank Regional Manager | 95,100 MXN | +110% |
| Bank Regional Risk Officer | 47,300 MXN | +3% |
| Bank Relationship Manager | 69,000 MXN | +51% |
| Bank Relationship Officer | 30,300 MXN | -34% |
| Bank Sustainability Analyst | 53,100 MXN | +16% |
| Bank Teller | 16,600 MXN | -64% |
| Banker | 32,300 MXN | -30% |
| Banking Business Analyst | 48,000 MXN | +5% |
| Banking Business Development Officer | 30,900 MXN | -33% |
| Banking Business Planning Executive | 64,300 MXN | +40% |
| Banking Data Analyst | 54,000 MXN | +18% |
| Banking Product Manager | 61,000 MXN | +33% |
| Banking Reference Data Manager | 52,600 MXN | +15% |
| Banking Regulatory Compliance Officer | 54,800 MXN | +20% |
| Banking Risk Analyst | 45,800 MXN | -0% |
| Banking Technical Analyst | 25,900 MXN | -43% |
| Bankruptcy Coordinator | 34,900 MXN | -24% |
| Bill and Account Collector | 15,900 MXN | -65% |
| Blockchain Analyst | 41,300 MXN | -10% |
| Blockchain Architect | 47,400 MXN | +3% |
| Blockchain Auditor | 41,600 MXN | -9% |
| Blockchain Compliance Analyst | 42,500 MXN | -7% |
| Blockchain Consultant | 44,100 MXN | -4% |
| Blockchain Trade Facilitator | 40,200 MXN | -12% |
| Budget Analyst | 44,900 MXN | -2% |
| Capital Risk Manager | 89,700 MXN | +96% |
| Cards Marketing Manager | 57,600 MXN | +26% |
| Cash Management Manager | 85,400 MXN | +86% |
| Check Processing Manager | 62,500 MXN | +36% |
| Chief Blockchain Officer | 53,100 MXN | +16% |
| Commercial Vault Associate | 48,100 MXN | +5% |
| Corporate Banker | 35,200 MXN | -23% |
| Corporate Dealer | 50,000 MXN | +9% |
| Credit Analyst | 36,400 MXN | -21% |
| Credit and Collections Manager | 62,600 MXN | +37% |
| Credit Card Fraud Investigator | 47,400 MXN | +3% |
| Credit Portfolio Manager | 89,200 MXN | +95% |
| Credit Risk Analyst | 51,300 MXN | +12% |
| Credit Risk Associate | 50,000 MXN | +9% |
| Cryptocurrency Accountant | 28,600 MXN | -38% |
| Cryptocurrency Adviser | 60,700 MXN | +32% |
| Cryptocurrency Analyst | 45,000 MXN | -2% |
| Cryptocurrency Compliance Manager | 55,400 MXN | +21% |
| Cryptocurrency Trader | 49,100 MXN | +7% |
| Digital Banking Manager | 65,600 MXN | +43% |
| Digital Currency Analyst | 45,700 MXN | -0% |
| Direct Bank Sales Representative | 32,200 MXN | -30% |
| Exchange Control Consultant | 51,500 MXN | +12% |
| Executive Account Analyst | 47,400 MXN | +3% |
| Financial Bank Planning Consultant | 60,000 MXN | +31% |
| Financial Banking Analysis Manager | 72,400 MXN | +58% |
| Financial Banking Assistant | 23,300 MXN | -49% |
| Financial Banking Systems Manager | 65,800 MXN | +44% |
| Foreign Exchange Manager | 69,700 MXN | +52% |
| Fraud Analyst | 50,300 MXN | +10% |
| Fraud Detection Associate | 34,200 MXN | -25% |
| Fraud Detection Manager | 75,700 MXN | +65% |
| Fraud Detection Supervisor | 40,900 MXN | -11% |
| Internal Bank Audit Manager | 83,500 MXN | +82% |
| Internal Bank Auditor | 44,000 MXN | -4% |
| Internal Private Banker | 33,500 MXN | -27% |
| International Banking Manager | 91,900 MXN | +100% |
| Investment Banking Analyst | 65,600 MXN | +43% |
| Loan Analyst | 45,400 MXN | -1% |
| Loan Area Manager | 56,300 MXN | +23% |
| Loan Audit Team Leader | 52,700 MXN | +15% |
| Loan Branch Manager | 51,600 MXN | +13% |
| Loan Business Development Officer | 27,600 MXN | -40% |
| Loan Clerk | 15,900 MXN | -65% |
| Loan Collection and Recovery Manager | 58,500 MXN | +28% |
| Loan Collection Manager | 59,000 MXN | +29% |
| Loan Collector | 15,800 MXN | -66% |
| Loan Examiner | 20,800 MXN | -55% |
| Loan Officer | 18,600 MXN | -59% |
| Loan Processing Manager | 51,000 MXN | +11% |
| Loan Processor | 21,100 MXN | -54% |
| Loan Quality Assurance Auditor | 46,900 MXN | +2% |
| Loan Quality Assurance Manager | 51,600 MXN | +13% |
| Loan Quality Assurance Representative | 34,100 MXN | -26% |
| Loan Review Manager | 50,900 MXN | +11% |
| Loan Team Leader | 49,800 MXN | +9% |
| Loans Manager | 61,300 MXN | +34% |
| Mortgage Advisor | 33,900 MXN | -26% |
| Mortgage Collection Manager | 56,600 MXN | +24% |
| Mortgage Collector | 15,600 MXN | -66% |
| Mortgage Credit Analyst | 25,200 MXN | -45% |
| Mortgage Credit Manager | 52,400 MXN | +14% |
| Mortgage Development Manager | 59,400 MXN | +30% |
| Mortgage Document Reviewer | 20,000 MXN | -56% |
| Mortgage Funding Manager | 58,800 MXN | +28% |
| Mortgage Operations Manager | 82,700 MXN | +80% |
| Mortgage Payment Processing Clerk | 18,100 MXN | -61% |
| Mortgage Processing Manager | 51,500 MXN | +12% |
| Mortgage Processor | 22,100 MXN | -52% |
| Mortgage Quality Assurance Auditor | 46,300 MXN | +1% |
| Mortgage Quality Assurance Manager | 52,500 MXN | +15% |
| Mortgage Servicing Clerk | 16,900 MXN | -63% |
| Mortgage Servicing Manager | 53,300 MXN | +16% |
| Mortgage Underwriter | 19,400 MXN | -58% |
| Online Banking Manager | 85,500 MXN | +87% |
| Open Banking Strategist | 48,000 MXN | +5% |
| Payment Processing Clerk | 17,300 MXN | -62% |
| Personal Banker | 35,200 MXN | -23% |
| Personal Banking Advisor | 33,400 MXN | -27% |
| Phone Banker | 22,000 MXN | -52% |
| Private Banker | 34,900 MXN | -24% |
| Reconciliation and Investigation Specialist | 37,500 MXN | -18% |
| Tax Officer | 27,500 MXN | -40% |
| Teller | 16,000 MXN | -65% |
| Trade Officer | 19,400 MXN | -58% |
| Trade Product Manager | 54,900 MXN | +20% |
| Trader | 22,800 MXN | -50% |
| Treasury Operations Officer | 43,600 MXN | -5% |
| Wealth Management Advisor | 69,700 MXN | +52% |
Salary Comparison By City
| City | Average Salary |
| Cancun | 45,600 MXN |
| Guadalajara | 45,800 MXN |
| Mexico City | 45,500 MXN |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Mexico is 9% on average across all career fields.
| Private Sector | 32,000 MXN | |
| Public Sector | +9% | 34,800 MXN |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Banking Risk Analyst in Guadalajara?
A good and competitive compensation would range anywhere between 42,700 MXN and 48,900 MXN. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Banking Risk Analyst in Guadalajara ranges from 22,500 MXN to 35,000 MXN. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
