How much does a Credit Risk Officer II make in South Dakota? The average Credit Risk Officer II salary in South Dakota is $89,025 as of February 26, 2024, but the range typically falls between $76,115 and $102,413. 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 $64,361 SD February 26, 2024
25th Percentile Credit Risk Officer II Salary $76,115 SD February 26, 2024
50th Percentile Credit Risk Officer II Salary $89,025 SD February 26, 2024
75th Percentile Credit Risk Officer II Salary $102,413 SD February 26, 2024
90th Percentile Credit Risk Officer II Salary $114,602 SD February 26, 2024
25% $76,115 10% $64,361 90% $114,602 75% $102,413 $89,025 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 South Dakota

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Location Avg. Salary Date Updated
Location Deadwood, SD Avg. Salary $87,378 Date Updated February 26, 2024
Location Pierre, SD Avg. Salary $85,115 Date Updated February 26, 2024
Location Watertown, SD Avg. Salary $89,176 Date Updated February 26, 2024
Location Aberdeen, SD Avg. Salary $83,600 Date Updated February 26, 2024
Location Agar, SD Avg. Salary $83,600 Date Updated February 26, 2024
Location Akaska, SD Avg. Salary $83,600 Date Updated February 26, 2024
Location Alcester, SD Avg. Salary $88,076 Date Updated February 26, 2024
Location Alexandria, SD Avg. Salary $89,176 Date Updated February 26, 2024
Location Allen, SD Avg. Salary $87,378 Date Updated February 26, 2024
Location Alpena, SD Avg. Salary $86,388 Date Updated February 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 South Dakota
Credit Risk Officer II Salary Graph, Regional Distribution and Summary