A Risk Control Officer earns an average salary of $75,694 per year.

$48,965 - $144,643
(Median)
$49K
$76K
$140K
MEDIAN: $75,693
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
$48,965 - $144,643  
   
Bonus
$1,987 - $24,658  
Profit Sharing
$1,950  
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).
)
$49,316 - $148,607  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 46
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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

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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.

Related Job Salaries

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Experience Affects Risk Control Officer Salaries

Late-Career
up arrow 33%

Experienced
up arrow 30%

Mid-Career
up arrow 7%

National Average
$80,000

Entry-Level
up arrow 16%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 3 votes.

Gender

Female
46 %
Male
54 %

Years of Experience

Less than 1 year
6%
1-4 years
32%
5-9 years
23%
10-19 years
32%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 84%
medical benefits
Vision: 70%
dental benefits
None: 5%
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