How much does a Credit Risk Officer II make in Indiana? The average Credit Risk Officer II salary in Indiana is $97,904 as of March 26, 2024, but the range typically falls between $83,719 and $112,619. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Credit Risk Officer II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Credit Risk Officer II Salary $70,804 IN March 26, 2024
25th Percentile Credit Risk Officer II Salary $83,719 IN March 26, 2024
50th Percentile Credit Risk Officer II Salary $97,904 IN March 26, 2024
75th Percentile Credit Risk Officer II Salary $112,619 IN March 26, 2024
90th Percentile Credit Risk Officer II Salary $126,016 IN March 26, 2024
25% $83,719 10% $70,804 90% $126,016 75% $112,619 $97,904 50%(Median) Didn’t find job title? Click
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What skills does a Credit Risk Officer II need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.

2.

Financial Services Industry: Financial services is a broad term used to describe the various offerings within the finance industry–encompassing everything from insurance and money management to payments and digital banking technology.

3.

PowerPoint: A computer software created by Microsoft which allows the user to create slides with recordings, narrations, transitions and other features in order to present information.

Risk Management 15.84%
Financial Services Industry 1.56%
PowerPoint 1.16%
Others 81.44%

Job Description for Credit Risk Officer II

Credit Risk Officer II provides analysis and evaluation in order to reduce credit risk for a financial institution. Extracts data from a variety of sources and uses data to build moderately complex financial models that predict risk exposure. Being a Credit Risk Officer II prepares performance reports for management. Requires a bachelor's degree. Additionally, Credit Risk Officer II typically reports to a manager or head of a unit/department. The Credit Risk Officer II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Credit Risk Officer II typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Credit Risk Officer II in Indiana

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Location Avg. Salary Date Updated
Location Vincennes, IN Avg. Salary $91,444 Date Updated March 26, 2024
Location Advance, IN Avg. Salary $97,197 Date Updated March 26, 2024
Location Akron, IN Avg. Salary $94,674 Date Updated March 26, 2024
Location Alamo, IN Avg. Salary $92,050 Date Updated March 26, 2024
Location Albany, IN Avg. Salary $92,857 Date Updated March 26, 2024
Location Albion, IN Avg. Salary $94,573 Date Updated March 26, 2024
Location Alexandria, IN Avg. Salary $93,463 Date Updated March 26, 2024
Location Ambia, IN Avg. Salary $97,096 Date Updated March 26, 2024
Location Amboy, IN Avg. Salary $92,857 Date Updated March 26, 2024
Location Amo, IN Avg. Salary $95,582 Date Updated March 26, 2024

Career Path for Credit Risk Officer II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Credit Risk Officer II, the upper level is Credit Risk Officer III and then progresses to Credit Risk Manager.

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Jobs with a similar salary range to Credit Risk Officer II : Risk And Compliance Officer

Credit Risk Officer II Salary in Indiana
Credit Risk Officer II Salary Graph, Regional Distribution and Summary