How much does a Credit Risk Manager make in Salt Lake City, UT? The average Credit Risk Manager salary in Salt Lake City, UT is $127,355 as of February 26, 2024, but the range typically falls between $102,024 and $142,374. 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. 

Credit Risk Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Credit Risk Manager Salary $78,961 Salt Lake City,UT February 26, 2024
25th Percentile Credit Risk Manager Salary $102,024 Salt Lake City,UT February 26, 2024
50th Percentile Credit Risk Manager Salary $127,355 Salt Lake City,UT February 26, 2024
75th Percentile Credit Risk Manager Salary $142,374 Salt Lake City,UT February 26, 2024
90th Percentile Credit Risk Manager Salary $156,048 Salt Lake City,UT February 26, 2024
25% $102,024 10% $78,961 90% $156,048 75% $142,374 $127,355 50%(Median) Didn’t find job title? Click
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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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Trading: Trading is the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries.

3.

Python: Applying the concepts and algorithms of Python to design, develop and maintain software applications to comply with business requirements.

Analysis 7.83%
Trading 1.91%
Python 1.18%
Others 89.08%

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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Job Openings for Credit Risk Manager in Salt Lake City, UT
Those that have already made the climb...
Patrick J. Haveron, Co-Chief Executive Officer and Chief Financial Officer
Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers in Europe, the United States, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and... More
Fiscal Year Ended in 2022
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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 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
102024
142374
127355

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
112145
165208
147039
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 Salt Lake City, UT. The base salary for Credit Risk Manager ranges from $102,024 to $142,374 with the average base salary of $127,355. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $112,145 to $165,208 with the average total cash compensation of $147,039.
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102024
142374

 

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About Salt Lake City, Utah    Salt Lake City has an area of 110.4 square miles (286 km2) and an average elevation of 4,327 feet (1,319 m) above sea level. The lowest point within t....More

Salt Lake City, Utah  area prices were up 2.3% from a year ago    View the Cost of Living in Salt Lake City, Utah

Credit Risk Manager Salary in popular cities: ProvoWest JordanOrem

Skills associated with Credit Risk Manager: Operational Policy Development, Risk Identification Model, Financial Risk Management Software, Risk Analysis ...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