As of January 01, 2026, the average salary for a Senior Credit Risk Officer in the United States is $105,030 per year, which breaks down to an hourly rate of $50.
However, a Senior Credit Risk Officer's salary can vary significantly. Here’s a look at the typical salary range:
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A Senior Credit Risk Officer's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Senior Credit Risk Officer's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Senior Credit Risk Officer | $100,615 |
| Intermediate Level Senior Credit Risk Officer | $101,351 |
| Senior Level Senior Credit Risk Officer | $102,087 |
| Specialist Level Senior Credit Risk Officer | $104,000 |
| Expert Level Senior Credit Risk Officer | $107,970 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Senior Credit Risk Officers. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 9.84% |
| Line Management | 2.07% |
| Commercial Banking | 1.04% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Front Office
|
$114,483 |
9%
|
|
Verbal Communication
|
$113,432 |
8%
|
|
Diversity and Inclusion
|
$112,382 |
7%
|
|
Workday
|
$112,382 |
7%
|
|
Trading
|
$109,231 |
4%
|
|
Credit Policy
|
$109,231 |
4%
|
Your level of education can impact your salary potential. While many Senior Credit Risk Officers enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Senior Credit Risk Officer with a Bachelor's Degree is between $114,076 and $122,767).
Senior Credit Risk Officer Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 4.5% |
| High School | 40.9% |
| Associates | 4.5% |
| Bachelors | 40.9% |
| Masters | 54.5% |
| Doctorate | 0.0% |
Understanding how a Senior Credit Risk Officer's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on January 01, 2026For a Senior Credit Risk Officer, the most direct path to higher earnings is advancing to the Credit Risk Control Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $124,500 - a projected growth of 19% over your current level.
Salaries for a Senior Credit Risk Officer can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $98,650 in 2023 to around $97,425 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Senior Credit Risk Officer salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $98,650 |
| 2024 | $98,737 |
| 2025 | $97,425 |
| 2026 |
View More
|
| 2027 |
View More
|
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PwC pays Senior Credit Risk Officers a salary ranging from $104,880 to $133,970, with a midpoint of $122,400. This reflects competitive compensation in the industry, aligning with the responsibilities and expertise required for the role.
The estimated salary range for a Senior Credit Risk Officer is between $104,880 and $133,970 per year, with a mid-salary of approximately $122,400. This figure reflects the base salary and does not include additional compensation.
The highest salary for a Senior Credit Risk Officer is $133,970. The top 10% of employees in this role can earn significantly more, reflecting the competitive nature of the industry. The salary range for this position typically starts at $104,880, with a mid-point salary of $122,400.
The estimated total pay for a Senior Credit Risk Officer ranges from a minimum of $104,880 to a maximum of $133,970, with a mid-salary of $122,400. These figures reflect the salary range based on industry data and represent the typical earnings for this role.
A Senior Credit Risk Officer at Bank of America can expect a salary ranging from $104,880 to $133,970, with a midpoint of $122,400. This reflects the competitive compensation for this role, aligning with industry standards for experienced professionals in credit risk management.
A Senior Credit Risk Officer at Morgan Stanley can expect a salary ranging from $104,880 to $133,970, with a midpoint of $122,400. This reflects competitive compensation in the financial sector, aligning with industry standards for such roles.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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