Credit Risk Manager Salary in the United States

How much does a Credit Risk Manager make in the United States? The average Credit Risk Manager salary in the United States is $118,262 as of September 26, 2019, but the range typically falls between $94,752 and $132,213. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

Skills Associated with Credit Risk Manager: Financial Risk Management Software, Operational Policy Development, Financial Modeling, Risk Assessment ...More

Salary estimation for Credit Risk Manager at companies like : HCI GROUP INC, PRIMERICA INC, VERISK ANALYTICS INC

Jobs with a similar salary range to Credit Risk Manager : Director, Risk Analytics

Job Description

Credit Risk Manager develops and implements policies and procedures that reduce credit risk for a financial institution. Manages the building of financial models that predict credit risk exposure to the organization. Being a Credit Risk Manager oversees the preparation of performance reports for management. May require a master's degree. Additionally, Credit Risk Manager typically reports to a head of a unit/department. The Credit Risk Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Credit Risk Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2019 Salary.com)

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Average Base Salary

Core compensation

 
 
 
94752
132213
118262

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
104152
153419
136539
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Credit Risk Manager in the United States. The base salary for Credit Risk Manager ranges from $94,752 to $132,213 with the average base salary of $118,262. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $104,152 to $153,419 with the average total cash compensation of $136,539.
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94752
132213

 

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Job Openings for Credit Risk Manager
Those that have already made the climb...
Karen Schmitt , Chief Financial Officer
Maiden Holdings, Ltd., through its subsidiaries, provides reinsurance solutions to regional and specialty insurers primarily in Europe and internationally. The company writes treaties on a quota share basis and excess of loss basis. It also offers auto and credit life insurance products through its insurer partners to ... More
Fiscal Year Ended in 2017
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.3%
City, State Washington, DC Compared to national average
+ 10.7%
City, State Miami, FL Compared to national average
-2.7%
City, State Chicago, IL Compared to national average
+ 6.0%
City, State Boston, MA Compared to national average
+ 12.9%
City, State New York, NY Compared to national average
+ 21.0%
City, State Dallas, TX Compared to national average
-1.0%