The salary of a Credit Risk Officer I in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of March 01, 2025, the average annual salary for a Credit Risk Officer I in the United States is $75,863. According to Salary.com, salaries can range from a low of $51,987 to a high of $89,699, with most professionals earning between $63,365 and $83,105.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $83,105 | $6,925 | $1,598 | $40 |
| Average | $75,863 | $6,322 | $1,459 | $36 |
| 25th Percentile | $63,365 | $5,280 | $1,219 | $30 |
An entry-level Credit Risk Officer I with less than 1 year of experience earns about $73,191. With 1-2 years of experience, the average salary increases to $73,745. For 2-4 years of experience, the pay typically rises to $75,036. Senior-level professionals with 5-8 years of experience earn around $76,854, and those with over 8 years of experience can expect an average of $77,388.
| Levels | Salary |
|---|---|
| Entry Level Credit Risk Officer I | $73,191 |
| Intermediate Level Credit Risk Officer I | $73,745 |
| Senior Level Credit Risk Officer I | $75,036 |
| Specialist Level Credit Risk Officer I | $76,854 |
| Expert Level Credit Risk Officer I | $77,388 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 1% |
| Top Level | 1% |
| Experienced | 2% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Credit Risk Officer I compensation over the past six years. For example, the median salary increased from $63,691 in 2023 to approximately $63,962 in 2024. (For a detailed analysis of Credit Risk Officer I salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Credit Risk Officer I information for you to search for. Click on search button below to see Credit Risk Officer I job openings or enter a new job title here.
Here are companies hiring for Credit Risk Officer I and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $75,863 | 69.1% | ||
| Bonus | $3,290 | 3.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $6,055 | 5.5% | ||
| 401K/403B | $3,720 | 3.4% | ||
| Disability | $633 | 0.6% | ||
| Healthcare | $6,056 | 5.5% | ||
| Pension | $4,353 | 4.0% | ||
| Time Off | $9,742 | 8.9% | ||
| Total Compensation | $109,712 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 12.5% |
| Bachelors | 37.5% |
| Masters | 50.0% |
What Am I Worth?
The average annual salary of Credit Risk Officer I is $75,863. In case you are finding an easy salary calculator, the average hourly pay of Credit Risk Officer I is $36; the average weekly pay of Credit Risk Officer I is $1,459; the average monthly pay of Credit Risk Officer I is $6,322.
A Credit Risk Officer I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Credit Risk Officer I earns the most in San Jose, CA, where the annual salary of a Credit Risk Officer I is $95,208.
The highest pay for Credit Risk Officer I is $89,699.
The lowest pay for Credit Risk Officer I is $51,987.
Credit Risk Officer I provides analysis and evaluation in order to reduce credit risk for a financial institution. Extracts data from a variety of sources and uses data to build simple to moderately complex financial models that predict risk exposure. Being a Credit Risk Officer I prepares performance reports for management. Requires a bachelor's degree. Additionally, Credit Risk Officer I typically reports to a supervisor or manager. The Credit Risk Officer I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Credit Risk Officer I typically requires 0-2 years of related experience.
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.
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.
Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.
Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
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.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
