diff --git a/core/services/workflows/engine.go b/core/services/workflows/engine.go
index 1326d8694c3..e264ee138a1 100644
--- a/core/services/workflows/engine.go
+++ b/core/services/workflows/engine.go
@@ -27,7 +27,11 @@ import (
 	"github.com/smartcontractkit/chainlink/v2/core/services/workflows/store"
 )
 
-const fifteenMinutesMs = 15 * 60 * 1000
+const (
+	fifteenMinutesMs             = 15 * 60 * 1000
+	reservedFieldNameStepTimeout = "cre_step_timeout"
+	maxStepTimeoutOverrideSec    = 10 * 60 // 10 minutes
+)
 
 type stepRequest struct {
 	stepRef string
@@ -769,10 +773,7 @@ func (e *Engine) workerForStepRequest(ctx context.Context, msg stepRequest) {
 	// TODO ks-462 inputs
 	logCustMsg(ctx, cma, "executing step", l)
 
-	stepCtx, cancel := context.WithTimeout(ctx, e.stepTimeoutDuration)
-	defer cancel()
-
-	inputs, outputs, err := e.executeStep(stepCtx, l, msg)
+	inputs, outputs, err := e.executeStep(ctx, l, msg)
 	var stepStatus string
 	switch {
 	case errors.Is(capabilities.ErrStopExecution, err):
@@ -919,6 +920,20 @@ func (e *Engine) executeStep(ctx context.Context, lggr logger.Logger, msg stepRe
 	if err != nil {
 		return nil, nil, err
 	}
+	stepTimeoutDuration := e.stepTimeoutDuration
+	if timeoutOverride, ok := config.Underlying[reservedFieldNameStepTimeout]; ok {
+		var desiredTimeout int64
+		err2 := timeoutOverride.UnwrapTo(&desiredTimeout)
+		if err2 != nil {
+			e.logger.Warnw("couldn't decode step timeout override, using default", "error", err2, "default", stepTimeoutDuration)
+		} else {
+			if desiredTimeout > maxStepTimeoutOverrideSec {
+				e.logger.Warnw("desired step timeout is too large, limiting to max value", "maxValue", maxStepTimeoutOverrideSec)
+				desiredTimeout = maxStepTimeoutOverrideSec
+			}
+			stepTimeoutDuration = time.Duration(desiredTimeout) * time.Second
+		}
+	}
 
 	tr := capabilities.CapabilityRequest{
 		Inputs: inputsMap,
@@ -934,8 +949,11 @@ func (e *Engine) executeStep(ctx context.Context, lggr logger.Logger, msg stepRe
 		},
 	}
 
-	e.metrics.incrementCapabilityInvocationCounter(ctx)
-	output, err := step.capability.Execute(ctx, tr)
+	stepCtx, cancel := context.WithTimeout(ctx, stepTimeoutDuration)
+	defer cancel()
+
+	e.metrics.incrementCapabilityInvocationCounter(stepCtx)
+	output, err := step.capability.Execute(stepCtx, tr)
 	if err != nil {
 		return inputsMap, nil, err
 	}
diff --git a/core/services/workflows/engine_test.go b/core/services/workflows/engine_test.go
index 7b6993be564..70216ac8c78 100644
--- a/core/services/workflows/engine_test.go
+++ b/core/services/workflows/engine_test.go
@@ -86,6 +86,7 @@ targets:
       address: "0x54e220867af6683aE6DcBF535B4f952cB5116510"
       params: ["$(report)"]
       abi: "receive(report bytes)"
+      cre_step_timeout: 610
 `
 
 type testHooks struct {