Well said, from what I gather from the OP is that his job is more to the non-quantitative side of risk management, hence from a position below AVP ie. a Snr Assoc in a local bank should net te incumbent 7.5-9k/pm excl bonus.

However if the post entails quantitative risk management, local paymasters will go up to 11-13k /mth max for the said position, for foreign investment firms like Blackstone or KKR an LBO firm, a Snr Assoc below AVP can draw an average of $35 k /mth excl possible bonus of up to 10-12 months. Nearing 400k per annum before tax.

Cheers