Senior Risk Officer Salary in Aurora, IL
Didn't find your job?
Click
How much does a Senior Risk Officer make in Aurora, IL? The average Senior Risk Officer salary in Aurora, IL is $293,744 as of March 26, 2024, but the salary range typically falls between $250,063 and $343,325. 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
$250,063 to $343,325
- View Average Salary for United States
- Adjust Senior Risk Officer Salary:
-
Select State
-
Select City in IL
-
Choose Similar Job
-
Pick Related Category
- View Cost of Living in Aurora, Illinois
Senior Risk Officer
Review the job openings and experience requirements for the Senior Risk Officer job to confirm that it is the job you are seeking.
See user submitted job responsibilities for Senior Risk Officer.
Search Senior Risk Officer Job Openings
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
Empower Your Talent Strategy with Salary.com's Skills Library.
Struggling with Managing Your Job Descriptions?
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectNot the job you're looking for? Search more salaries here:
Are you an HR manager or compensation specialist?
Salary.com's CompAnalyst platform offers:
- Detailed skills and competency reports for specific positions
- Job and employee pricing reports
- Compensation data tools, salary structures, surveys and benchmarks.
Senior Risk Officer Salary By Experience Levels in Aurora, IL
How much should you be earning in Senior Risk Officer in Aurora, IL based on your current experience?
Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Senior Risk Officer in Aurora, IL
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 Aurora, IL
Do you know how much should you be paid for a Senior Risk Officer position in Aurora, IL based on your education level?
Tell us about your education and see an estimate of earnings for Senior Risk Officer in Aurora, IL and well to know the impact of education on future careers.
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 Aurora, IL
Average Base Salary
Core compensation
250063
343325
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 Aurora, IL. The base salary for Senior Risk Officer ranges from $250,063 to $343,325 with the average base salary of $293,744. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $314,726 to $542,993 with the average total cash compensation of $407,512.
View Average Salary for Senior Risk Officer as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $293,744 | $250,063 - $343,325 |
| Bonus | $113,768 | $64,664 - $199,668 |
| Total Pay | $407,512 | $314,726 - $542,993 |
* 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 Aurora, IL
| CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Aurora, IL |
|---|---|---|
| CITY, STATE Naperville, IL | AVERAGE SALARY RANGE $248,988 - $341,849 | COMPARE TO Aurora, IL |
| CITY, STATE Wheaton, IL | AVERAGE SALARY RANGE $249,454 - $342,489 | COMPARE TO Aurora, IL |
| CITY, STATE Bolingbrook, IL | AVERAGE SALARY RANGE $248,134 - $340,677 | COMPARE TO Aurora, IL |
| CITY, STATE Hoffman Estates, IL | AVERAGE SALARY RANGE $251,455 - $345,236 | COMPARE TO Aurora, IL |
| CITY, STATE Schaumburg, IL | AVERAGE SALARY RANGE $251,044 - $344,672 | COMPARE TO Aurora, IL |
| CITY, STATE Elgin, IL | AVERAGE SALARY RANGE $249,541 - $342,608 | COMPARE TO Aurora, IL |
See salaries for Senior Risk Officer in locations close to Aurora, 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 Aurora, Illinois
Aurora, a suburb of Chicago, is a city in DuPage, Kane, Kendall, and Will counties in the U.S. state of Illinois. Located primarily in DuPage and Kane counties, it is an outer suburb of Chicago and the second most populous city in the state, and the 114th most populous city in the country. The population was 197,899 at the 2010 census, and was estimated to have increased to 200,965 by 2017.
Once a mid-sized manufacturing city, Aurora has grown since the 1960s. Founded within Kane County, Aurora's city limits and population have expanded into DuPage, Will, and Kendall counties. Between 2000 an...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
View Salary for Similar Jobs to Senior Risk Officer in Aurora, IL
Loading results...
| JOB TITLE | LOCATION | MINIMUM SALARY | MAXIMUM SALARY |
|---|---|---|---|
| JOB TITLE Senior Credit Risk Officer | LOCATION Aurora, IL | MINIMUM SALARY $106,930 | MAXIMUM SALARY $136,580 |
| JOB TITLE Credit Risk Officer III | LOCATION Aurora, IL | MINIMUM SALARY $106,921 | MAXIMUM SALARY $136,574 |
| JOB TITLE Risk Officer | LOCATION Aurora, IL | MINIMUM SALARY $65,461 | MAXIMUM SALARY $85,018 |
| JOB TITLE Senior Lending Officer | LOCATION Aurora, IL | MINIMUM SALARY $93,340 | MAXIMUM SALARY $116,280 |
| JOB TITLE Chief Risk Officer | LOCATION Aurora, IL | MINIMUM SALARY $246,125 | MAXIMUM SALARY $338,950 |
| JOB TITLE BSA Senior Officer | LOCATION Aurora, IL | MINIMUM SALARY $111,173 | MAXIMUM SALARY $150,733 |
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 Aurora, IL that might be a good fit for the type of job and salary you are looking for.
About Aurora, Illinois Aurora, a suburb of Chicago, is a city in DuPage, Kane, Kendall, and Will counties in the U.S. state of Illinois. Located primarily in DuPage and Kan....More
Aurora, Illinois area prices were up 0.8% from a year ago
Senior Risk Officer Salary in popular cities: Chicago, Rockford, Joliet
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role