What is the salary range of Chief Risk Officer?

As of November 01, 2024, the average annual pay of Chief Risk Officer in Columbia, MO is $270,932. While Salary.com is seeing that Chief Risk Officer salary in Columbia, MO can go up to $350,456 or down to $197,107, but most earn between $232,289 and $312,558. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Risk Officer in the United States.

Chief Risk Officer Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $322,225 $26,852 $6,197 $155
Average $279,311 $23,276 $5,371 $134
25th Percentile $239,473 $19,956 $4,605 $115

Average Salary

25% $232,289 10% $197,107 90% $350,456 75% $312,558 $270,932 50%(Median) Didn’t find job title? Click
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What is the salary range of Chief Risk Officer?

As of November 01, 2024, the average annual pay of Chief Risk Officer in Columbia, MO is $270,932. While Salary.com is seeing that Chief Risk Officer salary in Columbia, MO can go up to $350,456 or down to $197,107, but most earn between $232,289 and $312,558. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Risk Officer in the United States.

View Chief Risk Officer Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Chief Risk Officer salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Chief Risk Officer hourly pay, weekly pay, monthly pay and so on.

Last Updated on November 01, 2024
Last Updated on November 01, 2024
Levels Salary
Entry Level Chief Risk Officer $246,631
Intermediate Level Chief Risk Officer $250,083
Senior Level Chief Risk Officer $254,685
Specialist Level Chief Risk Officer $261,589
Expert Level Chief Risk Officer $270,218
$246,631 0 yr
$250,083 < 2 yrs
$254,685 2-4 yrs
$261,589 5-8 yrs
$270,218 > 8 yrs
Last Updated on November 01, 2024
Entry Level 12%
Mid Level 10%
Senior Level 9%
Top Level 6%
Experienced 3%
View as graph
Last Updated on November 01, 2024

Job Openings of Chief Risk Officer

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Cost of Living In Columbia, MO

Cost of Living in Columbia , MO is
-3.7% Lower
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Chief Risk Officer

What skills does a Chief Risk Officer need?

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.

Credit Risk: Credit risk is the possibility of loss due to a borrower's defaulting on a loan or not meeting contractual obligations.

3.

Portfolio Management: Portfolio management is the selection, prioritisation and control of an organisation's programmes and projects. The goal is to balance the implementation of change initiatives and the maintenance of business-as-usual, while optimising ROI.

Risk Management 25.71%
Credit Risk 1.85%
Portfolio Management 1.18%
Others 71.26%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Chief Risk Officer higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Influencing, you can get a 20% salary raise. If you are good at Accountability, your salary will increase by 16%. If you are expert in AML, your salary will rise by 16%.
Skill Salary Demand
Influencing
$325,118
20%
Accountability
$314,281
16%
AML
$314,281
16%
HIPAA
$311,572
15%
Innovation
$298,025
10%
Purchasing
$298,025
10%
Last Updated on November 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Chief Risk Officer is $270,932 per year in Columbia, MO, updated at November 01, 2024.
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