Senior Risk Officer Salary in Albion, IL
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How much does a Senior Risk Officer make in Albion, IL? The average Senior Risk Officer salary in Albion, IL is $259,851 as of March 26, 2024, but the salary range typically falls between $221,209 and $303,710. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary range for a Senior Risk Officer
$221,209 to $303,710
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Senior Risk Officer
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What does a Senior Risk Officer do?
Common responsibilities of a Senior Risk Officer
Review key risk metrics, including breaches of limits and thresholds, and provide in depth analysis of any material events potentially impacting the firm.
December 18, 2022
Assists in preparation for regulatory examinations, advises on remediation and Action Plan design to address regulatory finding and tracks timely remediation efforts of the regulatory issues.
January 28, 2023
Develop and maintain the formal EIO&T Fraud Risk Management Program, facilitating / leading identification of material fraud risks and definition of strategic / tactical initiatives to enhance the control environment.
February 09, 2023
Support content development, preparation, completion, and ongoing maintenance of the Retail CCAR and CECL Methodology Documents, the Retail Process Document, the Retail CCAR Control Framework, and regulatory presentations.
February 28, 2023
Actively seek opportunities to simplify and improve current control processes through use of automation, emerging technologies and process challenge and redesign.
March 14, 2023
Leading initiatives and managing high-impact special project work streams with a results-driven focus to deliver solutions, including coordinating the implementation of new regulatory requirements.
March 16, 2023
Collaborate with global businesses risk managers during methodology development, to identify and articulate portfolio risks and concentrations, critical indicators, limitations to forecasts, and to incorporate into methodology documentation.
March 27, 2023
Works with the areas of BSA Operations affected by changing laws, regulations, or policies to ensure the appropriate changes are timely implemented.
May 06, 2023
Performs risk based independent reviews of all types of CNB loan portfolios (including underwriting reviews) to identify current or potential problems, as well as positive elements, regarding the assessment of credit risk and the administration of Bank credit/loan exposure.
May 13, 2023
Designing, developing, delivering and maintaining best-in-class Compliance, programs, policies and practices for ICRM.
May 15, 2023
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Senior Risk Officer Salary By Experience Levels in Albion, IL
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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.
Senior Risk Officer Salary By Level of Education in Albion, IL
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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 Senior Risk Officer in Albion, IL
Average Base Salary
Core compensation
221209
303710
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Senior Risk Officer in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Senior Risk Officer in Albion, IL. The base salary for Senior Risk Officer ranges from $221,209 to $303,710 with the average base salary of $259,851. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $278,412 to $480,340 with the average total cash compensation of $360,492.
View Average Salary for Senior Risk Officer as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $259,851 | $221,209 - $303,710 |
| Bonus | $100,641 | $57,202 - $176,630 |
| Total Pay | $360,492 | $278,412 - $480,340 |
* 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.
Senior Risk Officer Salary Near Albion, IL
| CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Albion, IL |
|---|---|---|
| CITY, STATE Vincennes, IN | AVERAGE SALARY RANGE $217,944 - $299,227 | COMPARE TO Albion, IL |
| CITY, STATE Evansville, IN | AVERAGE SALARY RANGE $227,261 - $312,019 | COMPARE TO Albion, IL |
| CITY, STATE Owensboro, KY | AVERAGE SALARY RANGE $225,819 - $310,039 | COMPARE TO Albion, IL |
| CITY, STATE Terre Haute, IN | AVERAGE SALARY RANGE $220,753 - $303,083 | COMPARE TO Albion, IL |
| CITY, STATE Bloomington, IN | AVERAGE SALARY RANGE $221,483 - $304,087 | COMPARE TO Albion, IL |
| CITY, STATE Hopkinsville, KY | AVERAGE SALARY RANGE $216,400 - $297,108 | COMPARE TO Albion, IL |
See salaries for Senior Risk Officer in locations close to Albion, IL. 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 Albion, Illinois
Albion is a city in and the county seat of Edwards County, Illinois, United States. The population was 1,988 at the 2010 census. The city was named "Albion" after an ancient and poetic reference to the island of Great Britain.
Albion is located south of the center of Edwards County at 38°22′38″N 88°3′40″W / 38.37722°N 88.06111°W / 38.37722; -88.06111 (38.377300, -88.061028). In it, Illinois Route 130 and Illinois Route 15 meet. Route 130 leads north 25 miles (40 km) to Olney and south 10 miles (16 km) to Grayville, while Route 15 leads east 16 miles (26 km) to Mount Carmel and west 16 mile...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
View Salary for Similar Jobs to Senior Risk Officer in Albion, IL
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| JOB TITLE | LOCATION | MINIMUM SALARY | MAXIMUM SALARY |
|---|---|---|---|
| JOB TITLE Senior Credit Risk Officer | LOCATION Albion, IL | MINIMUM SALARY $94,590 | MAXIMUM SALARY $120,820 |
| JOB TITLE Credit Risk Officer III | LOCATION Albion, IL | MINIMUM SALARY $94,584 | MAXIMUM SALARY $120,815 |
| JOB TITLE Risk Officer | LOCATION Albion, IL | MINIMUM SALARY $57,908 | MAXIMUM SALARY $75,208 |
| JOB TITLE Senior Lending Officer | LOCATION Albion, IL | MINIMUM SALARY $82,570 | MAXIMUM SALARY $102,860 |
| JOB TITLE Chief Risk Officer | LOCATION Albion, IL | MINIMUM SALARY $217,726 | MAXIMUM SALARY $299,840 |
| JOB TITLE BSA Senior Officer | LOCATION Albion, IL | MINIMUM SALARY $98,353 | MAXIMUM SALARY $133,343 |
The Senior Risk Officer 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 Albion, IL that might be a good fit for the type of job and salary you are looking for.
About Albion, Illinois Albion is a city in and the county seat of Edwards County, Illinois, United States. The population was 1,988 at the 2010 census. The city was named "A....More
Albion, Illinois area prices were up 1.3% from a year ago
Senior Risk Officer Salary in popular cities: Chicago, Aurora, Rockford
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role