As of April 01, 2025, the average annual salary for a Credit Risk Manager in Milford, CT is $154,298. According to Salary.com, salaries can range from a low of $95,664 to a high of $189,050, with most professionals earning between $123,607 and $172,489.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $152,591 | $12,716 | $2,934 | $73 |
| Average | $136,499 | $11,375 | $2,625 | $66 |
| 25th Percentile | $109,348 | $9,112 | $2,103 | $53 |
An entry-level Credit Risk Manager with under 1 year experience makes about $141,152. With less than 2 years of experience, a mid-level Credit Risk Manager makes around $142,509. After 2-4 years, the Credit Risk Manager pay rises to about $144,773. Those senior Credit Risk Manager with 5-8 years of experience earn roughly $147,941, and those Credit Risk Manager having 8 years or more experience are expected to earn about $152,468 on average.
| Levels | Salary |
|---|---|
| Entry Level Credit Risk Manager | $141,152 |
| Intermediate Level Credit Risk Manager | $142,509 |
| Senior Level Credit Risk Manager | $144,773 |
| Specialist Level Credit Risk Manager | $147,941 |
| Expert Level Credit Risk Manager | $152,468 |
| Entry Level | 3% |
| Mid Level | 4% |
| Senior Level | 6% |
| Top Level | 8% |
| Experienced | 12% |
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| Skill | Salary | Demand |
|---|---|---|
|
Business Statistics
|
$175,900 |
14%
|
|
Credit Products
|
$172,814 |
12%
|
|
Stress Testing
|
$172,814 |
12%
|
|
Continuous Monitoring
|
$171,271 |
11%
|
|
Risk Management
|
$169,728 |
10%
|
|
Capital Market
|
$169,728 |
10%
|
