Risk Control Officer salary in Iceland

Average Yearly Salary of Risk Control Officer in Iceland is approximately 19,455,819 ISK (136,087 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Risk Control Officer do?

A Risk Control Officer is responsible for identifying, assessing, and mitigating potential risks within an organization. They analyze data, conduct risk assessments, and develop strategies to minimize the impact of risks on the company's operations. The officer collaborates with various departments to implement risk management policies and procedures, ensuring compliance with regulatory requirements. They also monitor and evaluate the effectiveness of risk control measures, making recommendations for improvements as needed. Additionally, a Risk Control Officer may provide training and guidance to employees on risk management practices and promote a culture of risk awareness throughout the organization.

Skills: Risk Control, Risk Management, Compliance, Data Analysis, Risk Assessment, Policy Development
Job industry: Finance

How much does Risk Control Officer make?

Difference in salary year over year or average salary increase is approximately 3 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Risk Control Officer a well paid job?

Yes, our data show that Risk Control Officer is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Risk Control Officer?

High salary for Risk Control Officer would be somewhere between 21,401,401 ISK and 28,210,938 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Risk Control Officer in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 19,455,819 ISK
Estimated Monthly Salary: 1,621,318 ISK
Estimated Weekly Salary: 374,150 ISK per week
Estimated Hourly Salary: 9,354 ISK per hour
By working as Risk Control Officer a person can save up to 8,612 USD per month or 103,341 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Risk Control Officer

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

Random salary:
Customer relationship management (crm), supervisor (9,755,288 ISK per year, pre-tax.)
Heavy equipment mechanic (7,786,258 ISK per year, pre-tax.)
Compliance officer (but not agriculture construction health safety or transportation) (9,885,034 ISK per year, pre-tax.)
Embedded systems engineer (14,780,480 ISK per year, pre-tax.)
Manufacturing engineer supervisor (16,508,055 ISK per year, pre-tax.)

Feedback about these results