How much does a Credit Risk Officer I make in Woodstock Valley, CT? The average Credit Risk Officer I salary in Woodstock Valley, CT is $78,992 as of September 01, 2024, but the range typically falls between $65,978 and $86,532. Salary ranges can vary widely depending on many important factors, including
education, certifications, additional skills,
the number of years you have spent in your profession.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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.
Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.
3.
Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
Mastering certain skills can make the compensation of a Credit Risk Officer I 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 Leadership, you can get a 8% salary raise. If you are good at Project Management, your salary will increase by 6%.If you are expert in Attention to Detail, your salary will rise by 5%.
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Job Description for Credit Risk Officer I
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. (Copyright 2024 Salary.com)...
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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.
Job Openings for Credit Risk Officer I
in Woodstock Valley, CT
Job Description:Key ResponsibilitiesActs as the Senior Executive’s Chief of Staff, helping to flesh out the vision of the leader, drive the strategy and ke...
What you will be responsible forAs Credit Risk Manager (Enterprise Programs) you will:Act as the centralized primary representative for Credit Risk in the ...
Hybrid position that can sit in Buffalo, Albany, Bridgeport, or Baltimore*Overview: Responsible for managing the first line of defense risk management resp...
Mechanical Engineer (Onsite) (Milford, CT) for BIC Consumer Products Manufacturing Co., Inc. to dsgn, build & test high volume eqpmt for the BIC lighters p...
Roc Search is currently working with a leading telecommunications organization that is looking for a. Fraud/Credit Risk Analyst. to join their team. As a. ...
- 5 Days Ago
Career Path for Credit Risk Officer I
A career path is a sequence of jobs that leads to your short- and long-term career goals.
Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Credit Risk Officer I, the first career path typically progresses to Letter of Credit Officer.
Additionally, the second career path typically starts with a Credit Risk Officer II position, and then progresses to Credit Risk Manager.
RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally. It operates through Real Estate, Mortgage, and Marketing Funds segments. The company offers real estate brokerage franchising services under the RE/MAX brand; mortgage brokera... More
RE/MAX HOLDINGS INC
Company Description
Fiscal Year Ended in 2023
What does a Credit Risk Officer I do?
Credit Risk Officer I in Phoenix, AZ
Six years ago, it named Stephanie Jones as its chief risk officer.
December 24, 2019
Credit Risk Officer I in Bellingham, WA
Monitoring and analysing risk exposure on a daily basis.
December 12, 2019
Credit Risk Officer I in Cedar Falls, IA
Peter Valdez has joined Community First Guam Federal Credit Union as vice president and chief credit risk officer.
Credit Risk Officer I salary varies from city to city.
Compared with national average salary of Credit Risk Officer I, the highest Credit Risk Officer I salary is in San Francisco, CA, where the Credit Risk Officer I salary is 25.0% above.
The lowest Credit Risk Officer I salary is in Miami, FL, where the Credit Risk Officer I salary is 3.5% lower than national average salary.
Woodstock is a town in Windham County, Connecticut, United States. The population was 7,964 at the 2010 census.
According to the United States Census Bureau, the town has a total area of 61.8 square miles (160 km2), of which 60.5 square miles (157 km2) is land and 1.3 square miles (3.4 km² or 2.10%) is water. It is the second-largest town in Connecticut in terms of land area (after New Milford)....
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Credit Risk Officer I salary varies from country to country.
There are several factors that mainly impact the Credit Risk Officer I salary, including cost of living, economic conditions, market rates and legal differences.
Click below to Credit Risk Officer I salary of the other country.
Browse Related Job Categories With Credit Risk Officer I
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries.
Credit Risk Officer I salary varies from category to category.
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Take just three simple steps below to generate your own personalized salary report
Step 1 of 3
Understand the total compensation opportunity for a Credit Risk Officer I, base salary plus other pay elements
Average Base Salary
Core compensation
 
 
 
65978
86532
78992
Average Total Cash Compensation
Includes base and annual incentives
 
 
 
68133
92480
82417
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Credit Risk Officer I in Woodstock Valley, CT. The base salary for Credit Risk Officer I ranges from $65,978 to $86,532 with the average base salary of $78,992. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $68,133 to $92,480 with the average total cash compensation of $82,417.
About Woodstock Valley, Connecticut Woodstock is a town in Windham County, Connecticut, United States. The population was 7,964 at the 2010 census.
According to the United States Census....More