Senior Risk Officer Salary in Racine, WI
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How much does a Senior Risk Officer make in Racine, WI? The average Senior Risk Officer salary in Racine, WI is $275,103 as of March 26, 2024, but the salary range typically falls between $234,193 and $321,537. 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
$234,193 to $321,537
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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 Racine, WI
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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 Racine, WI
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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 Racine, WI
Average Base Salary
Core compensation
234193
321537
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 Racine, WI. The base salary for Senior Risk Officer ranges from $234,193 to $321,537 with the average base salary of $275,103. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $294,753 to $508,534 with the average total cash compensation of $381,651.
View Average Salary for Senior Risk Officer as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $275,103 | $234,193 - $321,537 |
| Bonus | $106,548 | $60,560 - $186,997 |
| Total Pay | $381,651 | $294,753 - $508,534 |
* 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 Racine, WI
| CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Racine, WI |
|---|---|---|
| CITY, STATE Kenosha, WI | AVERAGE SALARY RANGE $236,211 - $324,306 | COMPARE TO Racine, WI |
| CITY, STATE Milwaukee, WI | AVERAGE SALARY RANGE $237,966 - $326,716 | COMPARE TO Racine, WI |
| CITY, STATE Waukegan, IL | AVERAGE SALARY RANGE $240,265 - $329,872 | COMPARE TO Racine, WI |
| CITY, STATE Waukesha, WI | AVERAGE SALARY RANGE $237,069 - $325,485 | COMPARE TO Racine, WI |
| CITY, STATE Mount Prospect, IL | AVERAGE SALARY RANGE $252,780 - $347,055 | COMPARE TO Racine, WI |
| CITY, STATE Skokie, IL | AVERAGE SALARY RANGE $253,549 - $348,111 | COMPARE TO Racine, WI |
See salaries for Senior Risk Officer in locations close to Racine, WI. 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 Racine, Wisconsin
Racine (/rəˈsiːn/ rə-SEEN) is a city in and the county seat of Racine County, Wisconsin, United States. It is located on the shore of Lake Michigan at the mouth of the Root River. Racine is located 22 miles south of Milwaukee. As of the 2010 U.S. census, the city had a population of 78,860, making it the fifth-largest city in Wisconsin. Its median home price of $103,625 makes it one of the most affordable cities in Wisconsin to buy a home. In January 2017, it was rated "the most affordable place to live in the world" by the Demographia International Housing Affordability survey.
Racine is th...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
View Salary for Similar Jobs to Senior Risk Officer in Racine, WI
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| JOB TITLE Chief Risk Officer | LOCATION Racine, WI | MINIMUM SALARY $230,505 | MAXIMUM SALARY $317,440 |
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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 Racine, WI that might be a good fit for the type of job and salary you are looking for.
About Racine, Wisconsin Racine (/rəˈsiːn/ rə-SEEN) is a city in and the county seat of Racine County, Wisconsin, United States. It is located on the shore of Lake Michigan at....More
Racine, Wisconsin area prices were up 1.8% from a year ago
Senior Risk Officer Salary in popular cities: Milwaukee, Madison, Green Bay
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role