How Much Does a Head Of Credit Risk Make in Norfolk, VA?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Head Of Credit Risk in Norfolk, VA is $148,138. While Salary.com is seeing that Head Of Credit Risk salary in Norfolk, VA can go up to $178,109 or down to $112,294, but most earn between $129,376 and $163,826. 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% $129,376 10% $112,294 90% $178,109 75% $163,826 $148,138 50%(Median)
Related Job Titles to Head Of Credit Risk
Credit Risk Manager
$116,160
Norfolk, VA
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Credit Risk Officer III
$97,544
Norfolk, VA
Per Year
Credit Risk Officer II
$81,672
Norfolk, VA
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Credit Risk Control Manager
$116,200
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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
PenFed Credit Union
Credit Risk Data Manager
$90,837/yr
$81,841
$99,833
RANGE: $81,841 - $99,833
Locus
Credit Risk Officer II
$90,852/yr
$80,673
$101,030
RANGE: $80,673 - $101,030
ING Group
Head of Credit Risk Review
$98,028/yr
$86,666
$109,389
RANGE: $86,666 - $109,389
I.N.G. Group, LLC
Head of Credit Risk Review
$98,028/yr
$86,666
$109,389
RANGE: $86,666 - $109,389
Freddie Mac
Counterparty Credit Risk Management, Senior
$86,868/yr
$77,782
$95,954
RANGE: $77,782 - $95,954
PenFed Credit Union
Data Scientist, Credit Risk Modeling
$118,720/yr
$107,852
$129,588
RANGE: $107,852 - $129,588
Navy Federal Credit Union
Principal Data Scientist (Credit Risk)
$120,229/yr
$109,395
$131,062
RANGE: $109,395 - $131,062
Langley Federal Credit Union
Summer Intern- Credit Risk Management
$107,824/yr
$98,508
$117,139
RANGE: $98,508 - $117,139
KB Kookmin Bank 국민은행
U.S. Head of Credit Risk Management
$96,711/yr
$86,396
$107,026
RANGE: $86,396 - $107,026
PenFed Credit Union
Senior Analyst Credit Card Policy & Risk Analytics
$97,953/yr
$88,101
$107,805
RANGE: $88,101 - $107,805

Open Head Of Credit Risk Jobs in Norfolk, VA

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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
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
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

Frequently Asked Questions About a Head Of Credit Risk Salaries

What is the average of a Head Of Credit Risk in Norfolk, VA?

The Head Of Credit Risk salary range is from $129,376 to $163,826, and the average Head Of Credit Risk salary is $148,138/year in Norfolk, VA. 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.