Risk Control Officer Salary

A Risk Control Officer earns an average salary of $78,682 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for the few employees with more than 20 years' experience.

$50,491 - $149,961
$50K
$79K
$150K
MEDIAN: $78,682
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$50,491 - $149,961  
   
Bonus
$1,400 - $25,000  
Profit Sharing
$1,888  
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).
)
$48,479 - $155,470  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 44

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United States (change)

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Job Description for Risk Control Officer

Risk control officers are specialists who implement strategies and techniques to minimize a company's losses in the fields of business, investments, and insurance. This vital role allows businesses and entire industries to maintain and increase profitability, as well as identify areas of current and future risk in order to prevent and overcome these issues.

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Risk Control Officer Tasks

  • Review bank's risk queue for limit breaches and other bank filtering processes and w
  • Responsible for production and distribution of daily risk reports.
  • Work with credit officers to obtain approval for further processing of at-risk transactions.

Risk Control Officer Job Listings

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Pay by Experience Level for Risk Control Officer

Pay by Experience for a Risk Control Officer has a positive trend. An entry-level Risk Control Officer with less than 5 years of experience can expect to earn an average total compensation of $65,000 based on 19 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Risk Control Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $88,000 based on 20 salaries. An experienced Risk Control Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $116,000 based on 16 salaries. A Risk Control Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $106,000 based on 8 salaries.

Pay Difference by Location

National Average: $83,953

Larger city markers indicate a job is popular in that location.

Related Job Salaries

Key Stats for Risk Control Officer

Gender

Female
48 %
Male
52 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.
Less than 1 year
7%
1-4 years
24%
5-9 years
33%
10-19 years
33%
20 years or more
2%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Risk Control Officer Salaries

Experienced
▲38%

Late-Career
▲26%

Mid-Career
▲5%

National Average
$84,000

Entry-Level
▼22%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
7%
1-4 years
24%
5-9 years
33%
10-19 years
33%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 82%
vision benefits
Vision: 74%
no benefits
None: 9%