As of May 01, 2025, the average annual salary for a Credit Risk Manager in Rapid City, SD is $110,203. According to Salary.com, salaries can range from a low of $85,938 to a high of $130,040, with most professionals earning between $97,502 and $120,587.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $120,587 | $10,049 | $2,319 | $58 |
| Average | $110,203 | $9,184 | $2,119 | $53 |
| 25th Percentile | $97,502 | $8,125 | $1,875 | $47 |
An entry-level Credit Risk Manager with under 1 year experience makes about $105,464. With less than 2 years of experience, a mid-level Credit Risk Manager makes around $106,033. After 2-4 years, the Credit Risk Manager pay rises to about $106,981. Those senior Credit Risk Manager with 5-8 years of experience earn roughly $108,308, and those Credit Risk Manager having 8 years or more experience are expected to earn about $110,203 on average.
| Levels | Salary |
|---|---|
| Entry Level Credit Risk Manager | $105,464 |
| Intermediate Level Credit Risk Manager | $106,033 |
| Senior Level Credit Risk Manager | $106,981 |
| Specialist Level Credit Risk Manager | $108,308 |
| Expert Level Credit Risk Manager | $110,203 |
| Entry Level | 15% |
| Mid Level | 14% |
| Senior Level | 14% |
| Top Level | 13% |
| Experienced | 11% |
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| Skill | Salary | Demand |
|---|---|---|
|
Business Statistics
|
$125,632 |
14%
|
|
Credit Products
|
$123,428 |
12%
|
|
Stress Testing
|
$123,428 |
12%
|
|
Continuous Monitoring
|
$122,326 |
11%
|
|
Risk Management
|
$121,224 |
10%
|
|
Capital Market
|
$121,224 |
10%
|
