How much does a Credit Risk Officer III make in Massachusetts? The average Credit Risk Officer III salary in Massachusetts is $130,542 as of March 26, 2024, but the range typically falls between $111,856 and $142,877. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Credit Risk Officer III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Credit Risk Officer III Salary $94,843 MA March 26, 2024
25th Percentile Credit Risk Officer III Salary $111,856 MA March 26, 2024
50th Percentile Credit Risk Officer III Salary $130,542 MA March 26, 2024
75th Percentile Credit Risk Officer III Salary $142,877 MA March 26, 2024
90th Percentile Credit Risk Officer III Salary $154,108 MA March 26, 2024
25% $111,856 10% $94,843 90% $154,108 75% $142,877 $130,542 50%(Median) Didn’t find job title? Click
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What skills does a Credit Risk Officer III 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.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

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

3.

Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.

Analysis 9.79%
Line Management 2.06%
Financial Statements 1.03%
Others 87.12%

Job Description for Credit Risk Officer III

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. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Credit Risk Officer III in Massachusetts

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Location Avg. Salary Date Updated
Location Attleboro, MA Avg. Salary $125,863 Date Updated March 26, 2024
Location Barnstable, MA Avg. Salary $127,183 Date Updated March 26, 2024
Location Fitchburg, MA Avg. Salary $127,903 Date Updated March 26, 2024
Location Hyannis, MA Avg. Salary $126,703 Date Updated March 26, 2024
Location Leominster, MA Avg. Salary $126,343 Date Updated March 26, 2024
Location Malden, MA Avg. Salary $134,502 Date Updated March 26, 2024
Location Methuen, MA Avg. Salary $128,143 Date Updated March 26, 2024
Location Newton, MA Avg. Salary $134,502 Date Updated March 26, 2024
Location Revere, MA Avg. Salary $134,502 Date Updated March 26, 2024
Location Weymouth, MA Avg. Salary $131,022 Date Updated March 26, 2024

Career Path for Credit Risk Officer III

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 III, the first career path typically progresses to Credit Risk Manager.

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Credit Risk Officer III Salary in Massachusetts
Credit Risk Officer III Salary Graph, Regional Distribution and Summary