Credit Risk Associate Salary in Rochester, MN

How much does a Credit Risk Associate make?

As of December 01, 2024, the average annual pay of Credit Risk Associate in Rochester, MN is $125,552. While Salary.com is seeing that Credit Risk Associate salary in Rochester, MN can go up to $159,360 or down to $94,671, but most earn between $109,388 and $143,248. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Credit Risk Associate in the United States.

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Salary range for a Credit Risk Associate

$109,388 to $143,248

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Credit Risk Associate

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Job Openings for Credit Risk Associate in Rochester, MN

What does a Credit Risk Associate do?

Common responsibilities of a Credit Risk Associate

Review existing collateral and loan documentation for assigned loans to identify errors, omissions, or other deficiencies, and remediate as needed and to the extent possible.

January 11, 2023

Building, improving, or analyzing risk management in a digital consumer or small business lending or similar data driven industries like insurance.

January 20, 2023

Provide support for portfolio credit risk oversight and governance by tracking the actual performance of risk appetite and credit risk management metrics against approved guardrails.

May 08, 2023

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Credit Risk Associate Salary By Experience Levels in Rochester, MN

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Credit Risk Associate Salary By Level of Education in Rochester, MN

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Credit Risk Associate in Rochester, MN

Average Base Salary

Core compensation

109388

143248

125552

Average Total Cash Compensation

Includes base and annual incentives

118586

161286

137983

What is the average salary for Credit Risk Associate in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Credit Risk Associate in Rochester, MN. The base salary for Credit Risk Associate ranges from $109,388 to $143,248 with the average base salary of $125,552. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $118,586 to $161,286 with the average total cash compensation of $137,983.

View Average Salary for Credit Risk Associate as table

	Average Salary	Average Salary Range
Base Salary	$125,552	$109,388 - $143,248
Bonus	$12,431	$9,198 - $18,038
Total Pay	$137,983	$118,586 - $161,286

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Credit Risk Associate Salary Near Rochester, MN

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Rochester, MN
CITY, STATE Lakeville, MN	AVERAGE SALARY RANGE $115,473 - $151,218	COMPARE TO Rochester, MN
CITY, STATE Burnsville, MN	AVERAGE SALARY RANGE $115,866 - $151,732	COMPARE TO Rochester, MN
CITY, STATE La Crosse, WI	AVERAGE SALARY RANGE $101,339 - $132,708	COMPARE TO Rochester, MN
CITY, STATE Saint Paul, MN	AVERAGE SALARY RANGE $116,193 - $152,160	COMPARE TO Rochester, MN
CITY, STATE Eau Claire, WI	AVERAGE SALARY RANGE $104,409 - $136,729	COMPARE TO Rochester, MN
CITY, STATE Eden Prairie, MN	AVERAGE SALARY RANGE $115,997 - $151,903	COMPARE TO Rochester, MN

See salaries for Credit Risk Associate in locations close to Rochester, MN. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Rochester, Minnesota

Rochester is a city founded in 1854 in the U.S. State of Minnesota and is the county seat of Olmsted County located on the Zumbro River's south fork in Southeast Minnesota. It is Minnesota's third-largest city and the largest city located outside the Minneapolis-St. Paul Metropolitan Statistical Area. As of 2015, the Rochester metropolitan area has a population of 215,884. According to the 2010 United States Census the city has a population of 106,769. The U.S. Census Bureau estimated that the 2017 population was 115,733. It is the home of the Mayo Clinic and an IBM facility, formerly one of t...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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The Credit Risk Associate job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Rochester, MN that might be a good fit for the type of job and salary you are looking for.

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109388

143248

About Rochester, Minnesota Rochester is a city founded in 1854 in the U.S. State of Minnesota and is the county seat of Olmsted County located on the Zumbro River's south fork i....More

Rochester, Minnesota area prices were up 1.3% from a year ago

Credit Risk Associate Salary in popular cities: Minneapolis, Saint Paul, Duluth

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