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Chief Risk Officer (CRO) Salary (United States)

A Chief Risk Officer (CRO) earns an average salary of $153,602 per year. Most people in this job have more than five years' experience in related jobs.
Chief Risk Officer (CRO) Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$96,768 - $244,815
(Median)
97K
120K
150K
200K
240K
MEDIAN: $153,602
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$120K$240K$360K
Salary
$96,768 - $244,815  
   
Bonus
$3,959 - $98,339  
Profit Sharing
$100.33 - $61,825  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$99,096 - $330,253  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 169
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Job Description for Chief Risk Officer (CRO)

A chief risk officer usually oversees a region for a company to identify all sorts of risks the company might face or is currently being subjected to. The chief risk officer wants to make sure that company profits are a priority while policies and regulations are being adhered to. Some areas that the chief risk officer will oversee are risks relating to investment, credit, operations, and things that may be happening on the market. The chief risk officer must also be familiar with company policies and the law. The officer should make sure that various departments are complying with these regulations.
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Chief Risk Officer (CRO) Tasks
  • Identify key areas for improvement and recommend changes.
  • Evaluate and report on compliance with governance and financial regulations.
  • Coordinate with senior management to develop, evaluate, and implement risk management policies.

Chief Risk Officer (CRO) Job Listings

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Pay Difference By Location

New York
up arrow 35%
National Average
$184,000
Los Angeles
up arrow 4%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Chief Risk Officer (CRO) Salaries

Late-Career
up arrow 8%
Experienced
up arrow 1%
National Average
$184,000
Mid-Career
up arrow 29%

Skills That Affect Chief Risk Officer (CRO) Salaries

National Average
$184,000
Regulatory Compliance
up arrow 1%
Risk Management / Risk Control
up arrow 4%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 28 votes.

Gender

Female
26%
female alumni
 
Male
74%
male alumni

Years of Experience

1-4 years
5%
5-9 years
8%
10-19 years
48%
20 years or more
39%

Common Health Benefits

medical benefits Medical: 96% dental benefits Dental: 90%
vision benefits Vision: 83% employee benefits None: 4%