As of April 01, 2025, the average annual salary for a Senior Credit Risk Officer in Michigan is $102,420. Salary.com reports that pay typically ranges from $96,710 to $114,090, with most professionals earning between $91,511 and $124,715.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $114,090 | $9,508 | $2,194 | $55 |
| Average | $102,420 | $8,535 | $1,970 | $49 |
| 25th Percentile | $96,710 | $8,059 | $1,860 | $46 |
An entry-level Senior Credit Risk Officer with under 1 year experience makes about $99,862. With less than 2 years of experience, a mid-level Senior Credit Risk Officer makes around $100,288. After 2-4 years, the Senior Credit Risk Officer pay rises to about $100,714. Those senior Senior Credit Risk Officer with 5-8 years of experience earn roughly $101,822, and those Senior Credit Risk Officer having 8 years or more experience are expected to earn about $106,774 on average.
| Levels | Salary |
|---|---|
| Entry Level Senior Credit Risk Officer | $99,862 |
| Intermediate Level Senior Credit Risk Officer | $100,288 |
| Senior Level Senior Credit Risk Officer | $100,714 |
| Specialist Level Senior Credit Risk Officer | $101,822 |
| Expert Level Senior Credit Risk Officer | $106,774 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 2% |
| Experienced | 3% |
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Senior Credit Risk Officer salary varies from city to city. Compared with national average salary of Senior Credit Risk Officer, the highest Senior Credit Risk Officer salary is in San Francisco, CA, where the Senior Credit Risk Officer salary is 24.9% above. The lowest Senior Credit Risk Officer salary is in Miami, FL, where the Senior Credit Risk Officer salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $129,880 |
24.9%
|
| Washington, DC | $115,140 |
10.7%
|
| Miami, FL | $99,920 |
|
| Chicago, IL | $107,470 |
3.3%
|
| Boston, MA | $115,990 |
11.5%
|
| New York, NY | $120,520 |
15.9%
|
