How Much Does a Market Risk Manager Earn in Turkey?
According to ElemanBuldum.com data, the average monthly salary for a Market Risk Manager in Turkey is approximately 116,046 TRY as of August 2025. Salaries for this position typically range from a low of 92,837 TRY to a high of 150,860 TRY. The final salary can vary depending on the employees years of experience, the company, and the city of employment.
The Market Risk Manager salary is calculated and published based on salary information shared by job seekers in their resumes and salary figures specified by employers in job postings.
According to August 2025 data, a Market Risk Manager earns an average monthly salary of 116,046 TRY (approximately $2,832 / €2,425).
0-2 Years Experience
71,949 TRY
2-5 Years Experience
116,046 TRY
5+ Years Experience
175,229 TRY
Market Risk Manager Salary Distribution by Year
| Year | Lowest Salary | Average Salary | Highest Salary |
|---|---|---|---|
| 2025 | 92,837.00 TRY | 116,046.00 TRY | 150,860.00 TRY |
| 2024 | 51,988.72 TRY | 64,985.76 TRY | 84,481.60 TRY |
| 2023 | 21,352.51 TRY | 26,690.58 TRY | 34,697.80 TRY |
| 2022 | 12,068.81 TRY | 15,085.98 TRY | 19,611.80 TRY |
| 2021 | 8,355.33 TRY | 10,444.14 TRY | 13,577.40 TRY |
Average Market Risk Manager Salary Differences by City
Salaries for those working as a Market Risk Manager can vary significantly in a large and diverse country like Turkey due to different living conditions and economic factors in each city. While salaries are expected to be higher in major metropolitan areas due to the high cost of living, there may be additional payments or incentives in regions experiencing a shortage of personnel.
| City / Region | Average Salary |
|---|---|
| İstanbul | 135,773.82 TRY |
| Ankara | 129,971.52 TRY |
| İzmir | 123,008.76 TRY |
| Kocaeli, Sakarya, Düzce, Bolu, Yalova | 118,366.92 TRY |
| Edirne, Kırklareli, Tekirdağ | 114,885.54 TRY |
| Trabzon, Ordu, Giresun, Rize, Artvin | 102,120.48 TRY |
| Bursa, Eskişehir, Bilecik | 93,997.26 TRY |
| Aydın, Denizli, Muğla | 100,960.02 TRY |
| Adana, Mersin | 107,922.78 TRY |
| Balıkesir, Çanakkale | 97,478.64 TRY |
| Antalya, Isparta, Burdur | 95,157.72 TRY |
Market Risk Manager Salaries by Sector
This table shows the salary levels for those working as a Market Risk Manager by sector. The salary level varies depending on factors such as the size of the sector, its emphasis on technological advancements, and the company's revenue, sales, export figures, and number of employees. Analyses from the last 3 months show that salaries increase in direct proportion to the company's size and revenue.
| Sector Name | Average Salary |
|---|---|
| Banking and Finance: Commercial Banking, Investment Banking | 128,811.06 TRY |
| Technology: Electronics, Software, Hardware, Communication, Fintech | 140,415.66 TRY |
| Energy: Oil, Gas, Renewable Energy | 120,687.84 TRY |
| Automotive: Vehicle Manufacturing, Automotive Parts | 112,564.62 TRY |
| Pharmaceuticals: Drug Manufacturing, Biotechnology | 97,478.64 TRY |
| Chemicals: Industrial Chemicals, Plastics, Rubber | 95,157.72 TRY |
| Defense and Aerospace: Military Equipment, Aircraft Manufacturing | 146,217.96 TRY |
| Machinery and Equipment Manufacturing: Industrial Machines, Automation | 111,404.16 TRY |
| Construction and Real Estate: Infrastructure, Housing | 102,120.48 TRY |
| Food and Beverage: Packaged Food, Drinks, Meat and Dairy | 93,997.26 TRY |
| Textile and Apparel: Ready-to-wear, Fabric Production | 95,157.72 TRY |
| Retail: Food Retail, Electronics, Clothing Stores | 98,639.10 TRY |
| Logistics and Transportation: Shipping Services, Warehousing | 98,639.10 TRY |
| Agriculture: Crop Production, Livestock | 103,280.94 TRY |
| Restaurant and Food Services: Catering, Fast Food Chains | 97,478.64 TRY |
Frequently Asked Questions about Market Risk Manager Salaries
What is the average salary for a Market Risk Manager in Turkey?
As of August 2025, the average salary for a Market Risk Manager is 116,046 TRY (approximately $2,832 / €2,425).
The salary ranges from a low of 92,837 TRY to a high of 150,860 TRY.
What factors affect a Market Risk Manager's salary?
The main factors affecting the salary of a Market Risk Manager are:
- Years of experience (0-2 years: 71,949 TRY, 5+ years: 175,229 TRY)
- The sector they work in (Technology sector: +21%, Agriculture sector: -19%)
- Company size
- Geographic location (Istanbul: +17%, Other Anatolian cities: -12%)
- Specific skills and certifications
How often are Market Risk Manager salaries updated?
Our salary data is updated on a weekly basis. The last update was on: August 24, 2025
In the last month, 289 people have contributed to our database by sharing their salary information.
Which sectors pay the highest salaries for a Market Risk Manager?
The top 3 highest-paying sectors for a Market Risk Manager are:
- Defense and Aerospace: 146,218 TRY (+26%)
- Technology Sector: 140,416 TRY (+21%)
- Banking and Finance: 128,811 TRY (+11%)
How do Market Risk Manager salaries change by city?
Average salary differences by city are:
- Istanbul: 135,774 TRY (+17%)
- Ankara: 129,972 TRY (+12%)
- Izmir: 123,009 TRY (+6%)
- Other cities: 98,639 TRY (-15%)