Head Of Credit Risk Salaries in New Jersey
How Much Does a Head Of Credit Risk Make in New Jersey?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Head Of Credit Risk in New Jersey is $171,180.
While Salary.com is seeing that Head Of Credit Risk salary in NJ can go up to $205,813
or down to $129,760, but most earn between $149,499 and $189,308.
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 |
|---|---|---|
|
Jobleads-US
Credit Risk Oversight Specialist
|
$111,421/yr
|
RANGE: $100,472 - $122,370
|
|
Jobleads-US
Credit Risk Policy Senior
|
$111,421/yr
|
RANGE: $100,472 - $122,370
|
|
Peapack Private Bank & Trust
Credit Risk Modeling Analyst
|
$91,010/yr
|
RANGE: $80,651 - $101,368
|
|
Fortitude Re
SVP, Credit Risk Officer
|
$102,251/yr
|
RANGE: $90,407 - $114,096
|
|
Cross River Bank
Credit and Financial Risk Analyst
|
$73,364/yr
|
RANGE: $65,799 - $80,929
|
|
KTek Resourcing
Business Analyst - Credit Risk
|
$107,915/yr
|
RANGE: $97,206 - $118,623
|
|
TD Bank
Head of Credit Card Technology
|
$173,671/yr
|
RANGE: $160,100 - $187,241
|
|
faropoint
Head of Credit and Underwriting
|
$190,002/yr
|
RANGE: $167,025 - $212,980
|
|
Tephra Inc.
Risk Advisor-BFS - Credit Risk Management
|
$110,858/yr
|
RANGE: $99,688 - $122,029
|
|
RA
Credit Risk Modeling & Analytics Manager
|
$84,052/yr
|
RANGE: $73,866 - $94,237
|
Top 10 Highest Paying Cities For Head Of Credit Risk Jobs in New Jersey
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 New Jersey.
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 New Jersey.
Jersey City takes first place in this list, followed by Union City, Hoboken.
The Head Of Credit Risk salary is $183,025 in Jersey City,
which is higher than the national average. There are 33 cities' Head Of Credit Risk salary higher than national average in New Jersey.
The average salary for a Head Of Credit Risk in New Jersey is $171,180,
but we found that the city with the highest salary for Head Of Credit Risk jobs is Jersey City, NJ, and it is higher than Union City.
Head Of Credit Risk jobs in Jersey City can have the opportunity to earn higher salaries than in other cities in New Jersey.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Jersey City | $183,025 | $15,252 | $3,520 | $88 |
| Union City | $183,025 | $15,252 | $3,520 | $88 |
| Hoboken | $183,025 | $15,252 | $3,520 | $88 |
| West New York | $183,025 | $15,252 | $3,520 | $88 |
| Paramus | $180,577 | $15,048 | $3,473 | $87 |
| Paterson | $180,419 | $15,035 | $3,470 | $87 |
| Clifton | $180,419 | $15,035 | $3,470 | $87 |
| Passaic | $180,419 | $15,035 | $3,470 | $87 |
| Bloomfield | $180,419 | $15,035 | $3,470 | $87 |
| Wayne | $180,419 | $15,035 | $3,470 | $87 |
What Does a Head Of Credit Risk Do?
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
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
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
This will include overseeing a team responsible for the CCP credit risk portfolio as well as leading the CCP risk advocacy in partnership with JP Morgan’s businesses.
Updated December 19, 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 New Jersey?
The Head Of Credit Risk salary range is from $149,499 to $189,308, and the average Head Of Credit Risk salary is $171,180/year in New Jersey.
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.
