As of March 01, 2025, the average annual salary for a Credit Risk Officer III in Minnesota is $125,761. Salary.com reports that pay typically ranges from $107,755 to $137,644, with most professionals earning between $91,362 and $148,463.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $134,550 | $11,212 | $2,587 | $65 |
| Average | $122,934 | $10,244 | $2,364 | $59 |
| 25th Percentile | $105,332 | $8,778 | $2,026 | $51 |
An entry-level Credit Risk Officer III with under 1 year experience makes about $116,414. With less than 2 years of experience, a mid-level Credit Risk Officer III makes around $117,743. After 2-4 years, the Credit Risk Officer III pay rises to about $119,071. Those senior Credit Risk Officer III with 5-8 years of experience earn roughly $122,526, and those Credit Risk Officer III having 8 years or more experience are expected to earn about $128,773 on average.
| Levels | Salary |
|---|---|
| Entry Level Credit Risk Officer III | $116,414 |
| Intermediate Level Credit Risk Officer III | $117,743 |
| Senior Level Credit Risk Officer III | $119,071 |
| Specialist Level Credit Risk Officer III | $122,526 |
| Expert Level Credit Risk Officer III | $128,773 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 0% |
| Experienced | 5% |
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Credit Risk Officer III salary varies from city to city. Compared with national average salary of Credit Risk Officer III, the highest Credit Risk Officer III salary is in San Francisco, CA, where the Credit Risk Officer III salary is 25.0% above. The lowest Credit Risk Officer III salary is in Miami, FL, where the Credit Risk Officer III salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $153,667 |
25.0%
|
| Washington, DC | $136,825 |
11.3%
|
| Miami, FL | $118,631 |
|
| Chicago, IL | $128,957 |
4.9%
|
| Boston, MA | $137,809 |
12.1%
|
| New York, NY | $143,586 |
16.8%
|
