As of March 01, 2026, the average salary for a Credit Risk Officer II in the United States is $92,756 per year, which breaks down to an hourly rate of $45.
However, a Credit Risk Officer II's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2025 Compensation Trend
AI-Powered HR
Smart Recruiting
A Credit Risk Officer II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Credit Risk Officer II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Credit Risk Officer I | 0-2 years | $64,592 |
| Credit Risk Officer II | 2-4 years | $92,756 |
| Credit Risk Officer III | 4-7 years | $105,026 |
| Credit Risk Manager | 7+ years | $124,463 |
| Credit Risk Senior Manager | 7+ years | $138,218 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Credit Risk Officer IIs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Risk Management | 15.84% |
| Financial Services Industry | 1.56% |
| PowerPoint | 1.16% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Business Strategy
|
$102,959 |
11%
|
|
Information Security
|
$101,104 |
9%
|
|
Planning
|
$98,321 |
6%
|
|
Transaction Processing
|
$98,321 |
6%
|
|
Investment Banking
|
$97,394 |
5%
|
|
Presentation
|
$97,394 |
5%
|
Your level of education can impact your salary potential. While many Credit Risk Officer IIs enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Credit Risk Officer II with a Bachelor's Degree is between $96,330 and $104,599).
Credit Risk Officer II Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 5.9% |
| High School | 35.3% |
| Associates | 5.9% |
| Bachelors | 35.3% |
| Masters | 52.9% |
| Doctorate | 5.9% |
Understanding how a Credit Risk Officer II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on March 01, 2026For a Credit Risk Officer II, the most direct path to higher earnings is advancing to the Credit Risk Officer III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $105,026 - a projected growth of 13% over your current level.
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation PlanningHere are companies hiring for Credit Risk Officer II and their salaries, click below for more details.
Ready to take the next step in your career? Browse thousands of current Credit Risk Officer II job openings on our job board. Use the search bar below to find your perfect match.
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
A Credit Risk Officer II'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 II earns the most in San Jose, CA, where the annual salary of a Credit Risk Officer II is $116,993.
The highest pay for Credit Risk Officer II is $118,331.
The lowest pay for Credit Risk Officer II is $70,832.
Analyzes, evaluates, and monitors credit exposure and risk metrics for a financial institution to mitigate and reduce risk. Evaluates financial statements and credit ratings to conduct credit assessments of new and existing parties and ensure compliance with risk limits. Assists with the development of credit risk models and frameworks to evaluate credit proposals and provide risk-based recommendations. Utilizes programming methodologies to create and maintain financial databases and statistical models. Ensures credit activities, documentation, and reporting adhere to internal policies and regulatory requirements. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience.
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.
Salary.com's CompAnalyst platform offers:
