How Much Does a Head Of Credit Risk Make in Minnesota?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Head Of Credit Risk in Minnesota is $161,609. While Salary.com is seeing that Head Of Credit Risk salary in MN can go up to $194,306 or down to $122,505, but most earn between $141,141 and $178,724. 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.
25% $141,141 10% $122,505 90% $194,306 75% $178,724 $161,609 50%(Median)
Related Job Titles to Head Of Credit Risk
Credit Risk Manager
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Credit Risk Officer II
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Credit Risk Control Manager
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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
Granite Bank
Credit Risk Analyst
$97,480/yr
$86,559
$108,400
RANGE: $86,559 - $108,400
Bell Bank
Senior Credit Risk Analyst
$99,502/yr
$89,155
$109,848
RANGE: $89,155 - $109,848
U.S. Bank National Association
Credit Risk Review - Specialty Team
$92,343/yr
$81,647
$103,039
RANGE: $81,647 - $103,039
PCI Brand
Senior Data Analyst - Credit Risk
$96,686/yr
$87,414
$105,959
RANGE: $87,414 - $105,959
U.S. Bank
Credit Risk Review - Specialty Team
$90,287/yr
$79,829
$100,746
RANGE: $79,829 - $100,746
KB Kookmin Bank 국민은행
U.S. Head of Credit Risk Management
$96,711/yr
$86,396
$107,026
RANGE: $86,396 - $107,026
Wells Fargo
Business Relationship Support Specialist / Credit Risk
$103,676/yr
$93,907
$113,445
RANGE: $93,907 - $113,445
US Bank
Chief Credit Risk Officer - Business Banking
$92,343/yr
$81,647
$103,039
RANGE: $81,647 - $103,039
$151,780/yr
$138,093
$165,466
RANGE: $138,093 - $165,466

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Top 10 Highest Paying Cities For Head Of Credit Risk Jobs in Minnesota

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 Minnesota. 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 Minnesota. Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka. The Head Of Credit Risk salary is $165,289 in Minneapolis, which is higher than the national average. There are 7 cities' Head Of Credit Risk salary higher than national average in Minnesota.
The average salary for a Head Of Credit Risk in Minnesota is $161,609, but we found that the city with the highest salary for Head Of Credit Risk jobs is Minneapolis, MN, and it is higher than Saint Paul. Head Of Credit Risk jobs in Minneapolis can have the opportunity to earn higher salaries than in other cities in Minnesota.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Minneapolis $165,289 $13,774 $3,179 $79
Saint Paul $165,289 $13,774 $3,179 $79
Minnetonka $165,289 $13,774 $3,179 $79
Eden Prairie $165,005 $13,750 $3,173 $79
Burnsville $164,815 $13,735 $3,170 $79
Lakeville $164,247 $13,687 $3,159 $79
Rochester $158,325 $13,194 $3,045 $76
Saint Cloud $155,798 $12,983 $2,996 $75
Duluth $151,486 $12,624 $2,913 $73

What Does a Head Of Credit Risk Do?

Build a strong team of counterparty credit risk subject matter experts (SMEs) and risk management capabilities that commensurate with the size, scope and risk challenges of the business.
Updated December 03, 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
At least 18 years of relevant credit approval and risk management experience including proven track record in a leadership role gained at top-tier financial services firms.
Updated December 19, 2021

Frequently Asked Questions About a Head Of Credit Risk Salaries

What is the average of a Head Of Credit Risk in Minnesota?

The Head Of Credit Risk salary range is from $141,141 to $178,724, and the average Head Of Credit Risk salary is $161,609/year in Minnesota. 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.