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As of August 01, 2026, the average salary for a Risk Officer in Pennsylvania is $64,088 per year, which breaks down to an hourly rate of $31.
However, a Risk Officer's salary can vary significantly. Here’s a look at the typical salary range:
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Risk Officer Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $67,157 | $5,596 | $1,291 | $32 |
| Average | $64,088 | $5,341 | $1,232 | $31 |
| 25th Percentile | $52,697 | $4,391 | $1,013 | $25 |
Members 1st Federal Credit Union - Enola, PA
Bing Recruitment - Philadelphia, PA
Confidential - Cleona, PA
Confidential - Philadelphia, PA
A Risk Officer's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Risk Officer's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Risk Offi... Level Risk Officer | $63,862 |
| Credit Ri... Level Risk Officer | $91,812 |
| Credit Ri... Level Risk Officer | $103,853 |
| Credit Ri... Level Risk Officer | $123,082 |
| Credit Ri... Level Risk Officer | $136,575 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Risk Officers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Risk Officer roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Insurance sectors offer the strongest compensation, at 20% above the average. In contrast, Risk Officer positions in Retail & Wholesale or Business Services typically offer lower base pay, as these industries often view Risk Officer as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $76,905 | $37.0 | 20% |
| Insurance | $70,497 | $34.0 | 10% |
Understanding how a Risk Officer's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $67,157 | $5,596 | $1,291 | $32 |
| Average | $64,088 | $5,341 | $1,232 | $31 |
| 25th Percentile | $52,697 | $4,391 | $1,013 | $25 |
Ready to take the next step in your career? Browse thousands of current Risk Officer job openings on our job board. Use the search bar below to find your perfect match.
Symicor Group
Philadelphia, PA
Symicor Group | Philadelphia, PA
Job Description. Job Description. Chief Risk Officer – To $215K – Philadelphia, PA – Job # 3802-8506. Who We Are. The Symicor Group is a boutique talent ac... more
2 Days Ago
Confidential
GREENWICH, CT
Confidential | GREENWICH, CT
Chief Risk Officer (CRO). About the Company. A global financial services firm focused on risk, compliance, and operational resilience. Industry. Financial ... more
7 Days Ago
Confidential
CLEONA, PA
Confidential | CLEONA, PA
Chief Risk Officer (CRO). About the Company. Established community bank providing personalized financial solutions. Industry. Banking. Type. Public Company... more
14 Days Ago
Confidential
MONTPELIER, VT
Confidential | MONTPELIER, VT
Chief Risk Officer (CRO). About the Company. Leading provider of life insurance & popular annuity products. Industry. Financial Services. Type. Privately H... more
20 Days Ago
Confidential
ADDISON, TX
Confidential | ADDISON, TX
Chief Risk Officer (CRO). About the Company. Leading provider of life insurance & popular annuity products. Industry. Financial Services. Type. Privately H... more
20 Days Ago
Confidential
NEW YORK, NY
Confidential | NEW YORK, NY
Chief Risk & Compliance Officer. About the Company. Alternative investment platform based in Midtown. Industry. Financial Services. Type. Privately Held. A... more
1 Month Ago
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