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Risk Control Specialist Salary

Median pay for Risk Control Specialists in the United States is around $63K per year. Most workers in this position report high levels of job satisfaction. Medical and dental coverage is claimed by a large number, and a fair number earn vision coverage. Women Risk Control Specialists who took the survey just slightly outnumber men. This report is based on answers to PayScale's salary questionnaire.

$37,284 - $101,853
(Median)
$37K
$63K
$100K
MEDIAN: $62,554
10%
50%
90%

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$14.09 - $24.83
(Median)
$14
$20
$25
MEDIAN: $19.00
10%
50%
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$50K$100K$150K
Salary
$37,284 - $101,853  
   
Bonus
$0.00 - $10,304  
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).
)
$35,882 - $103,800  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 40
National Hourly Rate 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$25$50$75
Hourly Rate
$14.09 - $24.83  
   
National Annualized 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$50K$100K$150K
Bonus
$0.00 - $10,304  
   
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).
)
$35,882 - $103,800  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 10
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Job Description for Risk Control Specialist

Risk control specialists are responsible for assessing the risk-levels of various pieces of technology.

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Risk Control Specialist Tasks

  • Maintain and implement the risk management plan.
  • Analyze portfolio trends, score cut offs, loss trends, and portfolio dynamics.
  • Assist in preventing, identifying, analyzing, handling, tracking, reducing and controlling risks to customer or company.
  • Monitor for fraud, accounts that are nearing their credit limit, and past due accounts.

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Pay by Experience Level for Risk Control Specialist

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


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Relatively untried employees who have less than five years' experience have a median salary of $45K. Those who have been around for five to 10 years can expect to take home more — $60K on average. For Risk Control Specialists, 10 to 20 years of experience on the job amounts to an average salary of $83K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $102K.

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Experience Affects Risk Control Specialist Salaries

Late-Career
up arrow 82%

Experienced
up arrow 47%

Mid-Career
up arrow 8%

National Average
$56,000

Entry-Level
up arrow 19%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 8 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
2%
1-4 years
34%
5-9 years
28%
10-19 years
20%
20 years or more
16%

Common Health Benefits

medical benefits Medical: 82% dental benefits Dental: 80%
vision benefits Vision: 73% employee benefits None: 18%
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