As of April 01, 2025, the average annual salary for a Credit Risk Officer I in Rockford, IL is $61,571. According to Salary.com, salaries can range from a low of $40,783 to a high of $75,271, with most professionals earning between $50,689 and $68,742.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $71,368 | $5,947 | $1,372 | $34 |
| Average | $63,923 | $5,327 | $1,229 | $31 |
| 25th Percentile | $52,626 | $4,386 | $1,012 | $25 |
An entry-level Credit Risk Officer I with under 1 year experience makes about $59,947. With less than 2 years of experience, a mid-level Credit Risk Officer I makes around $60,434. After 2-4 years, the Credit Risk Officer I pay rises to about $61,571. Those senior Credit Risk Officer I with 5-8 years of experience earn roughly $63,390, and those Credit Risk Officer I having 8 years or more experience are expected to earn about $63,925 on average.
| Levels | Salary |
|---|---|
| Entry Level Credit Risk Officer I | $59,947 |
| Intermediate Level Credit Risk Officer I | $60,434 |
| Senior Level Credit Risk Officer I | $61,571 |
| Specialist Level Credit Risk Officer I | $63,390 |
| Expert Level Credit Risk Officer I | $63,925 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 1% |
| Experienced | 0% |
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