Head Of Credit Risk Salaries in Illinois
How Much Does a Head Of Credit Risk Make in Illinois?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Head Of Credit Risk in Illinois is $160,978.
While Salary.com is seeing that Head Of Credit Risk salary in IL can go up to $193,546
or down to $122,027, but most earn between $140,589 and $178,025.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Head Of Credit Risk
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Similar Job Salaries to Head Of Credit Risk by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
BMO U.S.
Credit Risk Reporting and Insights
|
$133,939/yr
|
RANGE: $120,489 - $147,390
|
|
Bill Me Later, Inc.
Credit Risk Analyst
|
$84,069/yr
|
RANGE: $74,252 - $93,885
|
|
PayPal, Inc.
Senior Credit Risk Analyst
|
$85,374/yr
|
RANGE: $77,437 - $93,311
|
|
PayPal, Inc.
Credit Risk Analyst
|
$71,080/yr
|
RANGE: $63,654 - $78,507
|
|
Avant
Associate - Credit Risk - Card
|
$100,484/yr
|
RANGE: $90,035 - $110,933
|
|
PwC
Financial Credit Risk, Manager
|
$115,269/yr
|
RANGE: $103,283 - $127,255
|
|
Inizio Partners
Credit Risk Analyst
|
$96,472/yr
|
RANGE: $85,664 - $107,279
|
|
Software Guidance and Assistance, Inc.
Head of Private Credit Technology
|
$169,831/yr
|
RANGE: $152,605 - $187,056
|
|
JPMorgan Chase
Risk Management - Real Estate Credit Risk - Analyst
|
$100,510/yr
|
RANGE: $91,162 - $109,859
|
|
Acunor
Senior Risk Analyst – Credit Risk & Marketing Analytics
|
$96,550/yr
|
RANGE: $88,227 - $104,872
|
Top 10 Highest Paying Cities For Head Of Credit Risk Jobs in Illinois
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Head Of Credit Risk can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Head Of Credit Risk job salaries in Illinois.
Some cities can pay higher salaries for Head Of Credit Risk jobs, which can indicate that there is a large demand for Head Of Credit Risk positions in this city.
The following table shows top 10 cities where the Head Of Credit Risk salary is higher than other cities in Illinois.
Chicago takes first place in this list, followed by Cicero, Oak Park.
The Head Of Credit Risk salary is $163,205 in Chicago,
which is higher than the national average. There are 20 cities' Head Of Credit Risk salary higher than national average in Illinois.
The average salary for a Head Of Credit Risk in Illinois is $160,978,
but we found that the city with the highest salary for Head Of Credit Risk jobs is Chicago, IL, and it is higher than Cicero.
Head Of Credit Risk jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Chicago | $163,205 | $13,600 | $3,139 | $78 |
| Cicero | $163,205 | $13,600 | $3,139 | $78 |
| Oak Park | $163,205 | $13,600 | $3,139 | $78 |
| Evanston | $163,141 | $13,595 | $3,137 | $78 |
| Skokie | $163,141 | $13,595 | $3,137 | $78 |
| Oak Lawn | $163,015 | $13,585 | $3,135 | $78 |
| Des Plaines | $162,762 | $13,564 | $3,130 | $78 |
| Mount Prospect | $162,636 | $13,553 | $3,128 | $78 |
| Aurora | $161,941 | $13,495 | $3,114 | $78 |
| Hoffman Estates | $161,799 | $13,483 | $3,112 | $78 |
What Does a Head Of Credit Risk Do?
Strong analytical skills with sound knowledge of financial instruments and their associated credit risk.
Updated November 22, 2021
Michael Brevetta, Former Standard Chartered Head of Client Tax Information Compliance, Joins Pragma to Lead Regulatory Risk Practice.
Updated October 28, 2021
Responsible for the development and implementation of the policies and procedures to mitigate the credit risk within the bank.
Updated December 22, 2021
Ensure that GIC’s risk management framework and guidelines remain effective in managing the credit risk of trading counterparties and service providers.
Updated December 21, 2021
Manage all credit risk aspects of the SME and Corporate portfolios reviewing and amending Criteria where necessary in order to ensure that the business is in line with the agreed Risk Appetite for the portfolio.
Updated December 20, 2021
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Explore JobArchitectFrequently Asked Questions About a Head Of Credit Risk Salaries
What is the average of a Head Of Credit Risk in Illinois?
The Head Of Credit Risk salary range is from $140,589 to $178,025, and the average Head Of Credit Risk salary is $160,978/year in Illinois.
The Head Of Credit Risk's salary will change in different locations.
Which location pays the highest Head Of Credit Risk salary in the United States?
The Head Of Credit Risk salary in San Jose, CA is $199,197
which is the highest in the US.
What kinds of reasons will influence the Head Of Credit Risk's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Head Of Credit Risk.
What is the growth rate of the Head Of Credit Risk's salary?
If you are thinking of becoming a Head Of Credit Risk or planning the next step in your career, find the detailed salary report of a Head Of Credit Risk.
