Credit Risk Manager Salary in Passaic, New Jersey
Credit Risk Manager Salary in Passaic, NJ
How much does a Credit Risk Manager make in Passaic, NJ? The average Credit Risk Manager salary in Passaic, NJ is $153,136 as of March 26, 2024, but the range typically falls between $122,681 and $171,191. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Credit Risk Manager Salary | $94,953 | Passaic,NJ | March 26, 2024 |
| 25th Percentile Credit Risk Manager Salary | $122,681 | Passaic,NJ | March 26, 2024 |
| 50th Percentile Credit Risk Manager Salary | $153,136 | Passaic,NJ | March 26, 2024 |
| 75th Percentile Credit Risk Manager Salary | $171,191 | Passaic,NJ | March 26, 2024 |
| 90th Percentile Credit Risk Manager Salary | $187,630 | Passaic,NJ | March 26, 2024 |
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What skills does a Credit Risk Manager 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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Trading: Trading is the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries.
Python: Applying the concepts and algorithms of Python to design, develop and maintain software applications to comply with business requirements.
Job Description for Credit Risk Manager
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 2024 Salary.com)... View full job description
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Credit Risk Manager Pay Difference by Location
Credit Risk Manager salary varies from city to city. Compared with national average salary of Credit Risk Manager, the highest Credit Risk Manager salary is in San Francisco, CA, where the Credit Risk Manager salary is 25.0% above. The lowest Credit Risk Manager salary is in Miami, FL, where the Credit Risk Manager salary is 3.5% lower than national average salary.
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About Passaic, New Jersey
Similar Jobs to Credit Risk Manager
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
|---|---|---|---|
| Job Title Credit Analysis Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
| Job Title Credit and Collections Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
| Job Title Credit Clerk | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
| Job Title Credit Risk Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
| Job Title Credit Risk Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Level of Education for Credit Risk Manager
Jobs with different levels of education may pay very differently. Check the Credit Risk Manager salary of your education level.
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About Passaic, New Jersey According to the United States Census Bureau, the city had a total area of 3.244 square miles (8.401 km2), including 3.146 square miles (8.149 km2) of....More
Passaic, New Jersey area prices were up 1.5% from a year ago View the Cost of Living in Passaic, New Jersey
Credit Risk Manager Salary in popular cities: Newark, Jersey City, Paterson
Skills associated with Credit Risk Manager: Risk Analysis, Financial Risk Management Software, Financial Modeling, Risk Identification Model ...More
Jobs with a similar salary range to Credit Risk Manager : Assistant Credit Manager, Manager II
Salary estimation for Credit Risk Manager at companies like : 1203 Century Park East, Ltd a California LP, Four Star Financial Group LLC, Meet Avallon Real Estate Group
