Risk Control Officer Salary

A Risk Control Officer earns an average salary of $72,888 per year. Experience has a moderate effect on income for this job. Most people with this job move on to other positions after 20 years in this field.

$45,641 - $125,254
(Median)
$46K
$73K
$130K
MEDIAN: $72,888
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$50K$100K$150K
Salary
$45,641 - $125,254  
   
Bonus
$500 - $19,653  
Profit Sharing
$3,750  
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).
)
$45,410 - $141,654  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 92
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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

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

Risk Control Officer Job Listings

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Pay by Experience Level for Risk Control Officer

Median of all compensation (including tips, bonus, and overtime) by years of experience.

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Experience Affects Risk Control Officer Salaries

Late-Career
up arrow 36%

Experienced
up arrow 19%

National Average
$78,000

Mid-Career
up arrow 5%

Entry-Level
up arrow 19%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
3%
1-4 years
29%
5-9 years
27%
10-19 years
35%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 86%
medical benefits
Vision: 75%
dental benefits
None: 6%
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