Head Of Credit Risk Salaries in Michigan
How Much Does a Head Of Credit Risk Make in Michigan?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Head Of Credit Risk in Michigan is $155,529.
While Salary.com is seeing that Head Of Credit Risk salary in MI can go up to $186,995
or down to $117,896, but most earn between $135,831 and $172,000.
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 |
|---|---|---|
|
KB Kookmin Bank 국민은행
U.S. Head of Credit Risk Management
|
$96,711/yr
|
RANGE: $86,396 - $107,026
|
|
Prime
Head of Credit
|
$151,780/yr
|
RANGE: $138,093 - $165,466
|
|
NBH Bank
Credit Risk - Senior Credit Officer
|
$99,132/yr
|
RANGE: $88,824 - $109,440
|
|
Faire
Head of Risk
|
$121,306/yr
|
RANGE: $111,213 - $131,398
|
|
Hedgefund.net
Head of Risk
|
$118,925/yr
|
RANGE: $107,237 - $130,613
|
|
Tbwa Chiat/Day Inc
Head of Risk
|
$139,433/yr
|
RANGE: $128,215 - $150,651
|
|
Hedge Fund
Head of Risk
|
$118,925/yr
|
RANGE: $107,237 - $130,613
|
|
Fundbox, Inc.
Head of Risk
|
$100,112/yr
|
RANGE: $89,879 - $110,345
|
|
falconx
Head of Risk
|
$118,689/yr
|
RANGE: $109,140 - $128,239
|
|
JPMorganChase
Risk Management - Credit Risk Director
|
$133,806/yr
|
RANGE: $121,460 - $146,152
|
Top 10 Highest Paying Cities For Head Of Credit Risk Jobs in Michigan
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 Michigan.
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 Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Head Of Credit Risk salary is $158,767 in Ann Arbor,
which is higher than the national average. There are 6 cities' Head Of Credit Risk salary higher than national average in Michigan.
The average salary for a Head Of Credit Risk in Michigan is $155,529,
but we found that the city with the highest salary for Head Of Credit Risk jobs is Ann Arbor, MI, and it is higher than Canton.
Head Of Credit Risk jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Ann Arbor | $158,767 | $13,231 | $3,053 | $76 |
| Canton | $158,514 | $13,210 | $3,048 | $76 |
| Novi | $158,009 | $13,167 | $3,039 | $76 |
| Detroit | $157,945 | $13,162 | $3,037 | $76 |
| Warren | $157,945 | $13,162 | $3,037 | $76 |
| Dearborn | $157,945 | $13,162 | $3,037 | $76 |
| Dearborn Heights | $157,867 | $13,156 | $3,036 | $76 |
| Royal Oak | $157,772 | $13,148 | $3,034 | $76 |
| Westland | $157,724 | $13,144 | $3,033 | $76 |
| Taylor | $157,693 | $13,141 | $3,033 | $76 |
What Does a Head Of Credit Risk Do?
Responsible for the development and implementation of the policies and procedures to mitigate the credit risk within the bank.
Updated December 22, 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
Thinking of a move to an ethical organisation? Why not join the UK’s original ethical Bank in our industry leading Credit Risk team.
Updated October 21, 2021
Planning and organisation expertise, including proven track record within a credit risk management environment in developing creative solutions to complex issues and delivery within defined timescales.
Updated September 29, 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
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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 Michigan?
The Head Of Credit Risk salary range is from $135,831 to $172,000, and the average Head Of Credit Risk salary is $155,529/year in Michigan.
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.
