As of April 01, 2025, the average annual salary for a Credit Risk Officer III in Duluth, MN is $99,748. Salary.com reports that pay typically ranges from $94,188 to $111,119, with most professionals earning between $89,125 and $121,472.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $115,846 | $9,654 | $2,228 | $56 |
| Average | $103,991 | $8,666 | $2,000 | $50 |
| 25th Percentile | $98,194 | $8,183 | $1,888 | $47 |
An entry-level Credit Risk Officer III with under 1 year experience makes about $97,258. With less than 2 years of experience, a mid-level Credit Risk Officer III makes around $97,673. After 2-4 years, the Credit Risk Officer III pay rises to about $98,088. Those senior Credit Risk Officer III with 5-8 years of experience earn roughly $99,167, and those Credit Risk Officer III having 8 years or more experience are expected to earn about $103,991 on average.
| Levels | Salary |
|---|---|
| Entry Level Credit Risk Officer III | $97,258 |
| Intermediate Level Credit Risk Officer III | $97,673 |
| Senior Level Credit Risk Officer III | $98,088 |
| Specialist Level Credit Risk Officer III | $99,167 |
| Expert Level Credit Risk Officer III | $103,991 |
| Entry Level | 6% |
| Mid Level | 6% |
| Senior Level | 6% |
| Top Level | 5% |
| Experienced | 0% |
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