Risk Officer Salary at Sumup Inc BETA

How much does a Sumup Inc Risk Officer make?

As of December 2024, the average annual salary for a Risk Officer at Sumup Inc is $86,297, which translates to approximately $41 per hour. Salaries for Risk Officer at Sumup Inc typically range from $72,974 to $92,520, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

SumUp Inc Overview

Website:
sumup.com
Size:
1,000 - 3,000 Employees
Revenue:
$1B - $3B
Industry:
Software & Networking

SumUp is a leading global financial technology company driven by the purpose of levelling the playing field for small businesses. Founded in 2012, SumUp is the financial partner for more than 4 million small merchants in over 35 markets worldwide, helping them start, run and grow their businesses.

See similar companies related to Sumup Inc

What Skills Does a person Need at Sumup Inc?

At Sumup Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.
  2. Operational Risk: Operational risk is "the risk of a change in value caused by the fact that actual losses, incurred for inadequate or failed internal processes, people and systems, or from external events (including legal risk), differ from the expected losses". This definition, adopted by the European Solvency II Directive for insurers, is a variation from that adopted in the Basel II regulations for banks. In October 2014, the Basel Committee on Banking Supervision proposed a revision to its operational risk capital framework that sets out a new standardized approach to replace the basic indicator approach and the standardized approach for calculating operational risk capital. It can also include other classes of risks, such as fraud, security, privacy protection, legal risks, physical (e.g. infrastructure shutdown) or environmental risks. The study of operational risk is a broad discipline, close to good management and quality management.
  3. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  4. Credit risk: Credit risk is the possibility of loss due to a borrower's defaulting on a loan or not meeting contractual obligations.
  5. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

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Check more jobs information at Sumup Inc

Job Title Average Sumup Inc Salary Hourly Rate
2 Technical Support Agent $79,241 $38
3 Website Analyst $88,750 $43
4 Customer Relationship Specialist $69,600 $33
5 Customer Service Sales Assistant $50,517 $24
6 Customer Service Team Lead $87,786 $42
7 Customer Support Professional $85,282 $41
8 Customer Support Team Lead $73,203 $35
9 Data Analyst $67,753 $33
10 Data Engineer $149,658 $72
11 Director, Risk Management $187,287 $90
12 Finance Analyst $92,234 $44
13 Financial Controller $293,347 $141

Hourly Pay at Sumup Inc

The average hourly pay at Sumup Inc for a Risk Officer is $41 per hour. The location, department, and job description all have an impact on the typical compensation for Sumup Inc positions. The pay range and total remuneration for the job title are shown in the table below. Sumup Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $86,297 look to you?

FAQ about Salary and Jobs at Sumup Inc

1. How much does Sumup Inc pay per hour?
The average hourly pay is $41. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Sumup Inc?
According to the data, the highest approximate salary is about $92,520 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Sumup Inc?
According to the data, the lowest estimated salary is about $72,974 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.