The average salary for a Risk Control Officer is $81,980.
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What Do Risk Control Officers Do?
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.
On a daily basis, risk control officers research potential problems and their potential solutions and provide recommendations to reduce or …Read more
Risk Control Officer Tasks
- Work with credit officers to obtain approval for further processing of at-risk transactions.
- Review bank's risk queue for limit breaches and other bank filtering processes and w.
- Responsible for production and distribution of daily risk reports.
Job Satisfaction for Risk Control Officer
Popular Employer Salaries for Risk Control Officer
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What Are Popular Skills for Risk Control Officers?
Skills in Risk Management / Risk Control and Regulatory Compliance are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel.
What is the Pay by Experience Level for Risk Control Officers?
An early career Risk Control Officer with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $77,251 based on 11 salaries. A mid-career Risk Control Officer with 5-9 years of experience earns an average total compensation of $79,227 based on 14 salaries. An experienced Risk Control Officer with 10-19 years of experience earns an average total compensation of $93,830 based on 15 salaries.
Pay Difference by Location
Years of Experience
This data is based on 40 survey responses.