How much does a Credit Risk Officer II make in the United States? The average Credit Risk Officer II salary in the United States is $101,027 as of February 26, 2024, but the range typically falls between $86,377 and $116,219. 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. 

Credit Risk Officer II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Credit Risk Officer II Salary $73,038 US February 26, 2024
25th Percentile Credit Risk Officer II Salary $86,377 US February 26, 2024
50th Percentile Credit Risk Officer II Salary $101,027 US February 26, 2024
75th Percentile Credit Risk Officer II Salary $116,219 US February 26, 2024
90th Percentile Credit Risk Officer II Salary $130,052 US February 26, 2024
25% $86,377 10% $73,038 90% $130,052 75% $116,219 $101,027 50%(Median) Didn’t find job title? Click
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What skills does a Credit Risk Officer II 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.

Financial Services Industry: Financial services is a broad term used to describe the various offerings within the finance industry–encompassing everything from insurance and money management to payments and digital banking technology.

3.

PowerPoint: A computer software created by Microsoft which allows the user to create slides with recordings, narrations, transitions and other features in order to present information.

Risk Management 2.45%
Financial Services Industry 0.24%
PowerPoint 0.18%
Others 97.13%

Job Description for Credit Risk Officer II

Credit Risk Officer II 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 moderately complex financial models that predict risk exposure. Being a Credit Risk Officer II prepares performance reports for management. Requires a bachelor's degree. Additionally, Credit Risk Officer II typically reports to a manager or head of a unit/department. The Credit Risk Officer II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Credit Risk Officer II typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Career Path for Credit Risk Officer II

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 II, the upper level is Credit Risk Officer III and then progresses to Credit Risk Manager.

Those that have already made the climb...
Patrick J. Haveron, Co-Chief Executive Officer and Chief Financial Officer
Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers in Europe, the United States, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and... More
Fiscal Year Ended in 2022
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Credit Risk Officer II salary varies from city to city. Compared with national average salary of Credit Risk Officer II, the highest Credit Risk Officer II salary is in San Francisco, CA, where the Credit Risk Officer II salary is 25.0% above. The lowest Credit Risk Officer II salary is in Miami, FL, where the Credit Risk Officer II salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
86377
116219
101027

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
90358
125864
109153
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Credit Risk Officer II in the United States. The base salary for Credit Risk Officer II ranges from $86,377 to $116,219 with the average base salary of $101,027. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $90,358 to $125,864 with the average total cash compensation of $109,153.
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86377
116219

 

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Skills associated with Credit Risk Officer II: Risk Assessment, Financial Modeling, Risk Analysis, Risk Identification Model ...More

Recently searched related titles: Credit Risk Review Officer, Verification And Validation Engineer

Jobs with a similar salary range to Credit Risk Officer II : Senior Credit Risk Analyst, Complex Risk Officer, Model Risk Officer

Salary estimation for Credit Risk Officer II at companies like : Diamond State Personal Care Inc, Red Rocks Community College/RMEC, eagle international Inc

Jobs with a similar salary range to Credit Risk Officer II : Risk And Compliance Officer

Credit Risk Officer II Salary in United States
Credit Risk Officer II Salary Graph, Regional Distribution and Summary