The salary of a Credit Risk Officer III in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of February 01, 2025, the average annual salary for a Credit Risk Officer III in the United States is $122,666. Salary.com reports that pay typically ranges from $105,102 to $134,258, with most professionals earning between $89,110 and $144,812.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $134,258 | $11,188 | $2,582 | $65 |
| Average | $122,666 | $10,222 | $2,359 | $59 |
| 25th Percentile | $105,102 | $8,758 | $2,021 | $51 |
An entry-level Credit Risk Officer III with less than 1 year of experience earns about $113,797. With 1-2 years of experience, the average salary increases to $115,096. For 2-4 years of experience, the pay typically rises to $116,394. Senior-level professionals with 5-8 years of experience earn around $119,771, and those with over 8 years of experience can expect an average of $125,878.
| Levels | Salary |
|---|---|
| Entry Level Credit Risk Officer III | $113,797 |
| Intermediate Level Credit Risk Officer III | $115,096 |
| Senior Level Credit Risk Officer III | $116,394 |
| Specialist Level Credit Risk Officer III | $119,771 |
| Expert Level Credit Risk Officer III | $125,878 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 5% |
| Top Level | 2% |
| Experienced | 3% |
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 February 01, 2025, our research reveals a significant shift in Credit Risk Officer III compensation over the past six years. For example, the median salary increased from $98,650 in 2023 to approximately $98,737 in 2024. (For a detailed analysis of Credit Risk Officer III 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 III information for you to search for. Click on search button below to see Credit Risk Officer III job openings or enter a new job title here.
Here are companies hiring for Credit Risk Officer III and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $122,666 | 67.4% | ||
| Bonus | $11,762 | 6.5% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $10,284 | 5.6% | ||
| 401K/403B | $6,318 | 3.5% | ||
| Disability | $1,075 | 0.6% | ||
| Healthcare | $6,056 | 3.3% | ||
| Pension | $7,394 | 4.1% | ||
| Time Off | $16,545 | 9.1% | ||
| Total Compensation | $182,099 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| Associates | 4.5% |
| Bachelors | 40.9% |
| Masters | 54.5% |
What Am I Worth?
The average annual salary of Credit Risk Officer III is $122,666. In case you are finding an easy salary calculator, the average hourly pay of Credit Risk Officer III is $59; the average weekly pay of Credit Risk Officer III is $2,359; the average monthly pay of Credit Risk Officer III is $10,222.
A Credit Risk Officer III'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 III earns the most in San Jose, CA, where the annual salary of a Credit Risk Officer III is $153,946.
The highest pay for Credit Risk Officer III is $144,812.
The lowest pay for Credit Risk Officer III is $89,110.
Credit Risk Officer III 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 highly complex financial models that predict risk exposure. Being a Credit Risk Officer III prepares performance reports for management. May require a master's degree. Additionally, Credit Risk Officer III typically reports to a manager or head of a unit/department. The Credit Risk Officer III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Credit Risk Officer III typically requires 4 to 7 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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Line Management: Line management refers to the management of employees who are directly involved in the production or delivery of products, goods and/or services
Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.
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.
