Credit Portfolio Manager Salary in Rockford, IL

How much does a Credit Portfolio Manager make in Rockford, IL?

As of April 01, 2025, the average annual salary for a Credit Portfolio Manager in Rockford, IL is $119,653. Salary.com reports that pay typically ranges from $102,367 to $140,260, with most professionals earning between $86,629 and $159,021.

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Salary range for a Credit Portfolio Manager

$102,367 to $140,260

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Credit Portfolio Manager

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Job Openings for Credit Portfolio Manager in Rockford, IL

What does a Credit Portfolio Manager do?

Common responsibilities of a Credit Portfolio Manager

Lead risk financial forecasting efforts, including designing and maintaining complex credit loss and financial risk forecasting models, conducting cost of credit analyses, and monitoring product trends to identify key areas of risk-opportunity.

October 27, 2022

Understand applicable credit policies, industry regulations and the requisite impact of those governance items to prospective new partners or product initiatives.

January 19, 2023

Demonstrates a strong working knowledge of and ensures compliance with internal bank commercial loan policy, credit risk management policy, and external regulatory requirements.

January 31, 2023

Tracks Loan Agreement Compliance ensuring that relationships within their portfolio are monitored per the terms of the Loan Agreement.

March 25, 2023

Prepares credit approval packages on new and renewed debt products, including determination of the appropriate risk rating in addition to risk factors that could change the risk rating, analysis of financial performance, performance vs.

March 27, 2023

Manage the existing portfolio of clients and monitor the client relationship for compliance with credit standards, as well as updating financials, maintaining insurance on bank collateral and reviewing loans for accurate grades.

March 30, 2023

Reviews most complex proposed private banking transactions against Regions' credit standards, validates the appropriate risk rating, and recommends credit decision.

May 11, 2023

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Credit Portfolio Manager Salary By Experience Levels in Rockford, IL

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Credit Portfolio Manager Salary By Level of Education in Rockford, IL

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LEVEL OF EDUCATION

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Average Salary Range for Credit Portfolio Manager in Rockford, IL

Average Base Salary

Core compensation

102367

140260

119653

Average Total Cash Compensation

Includes base and annual incentives

115087

156779

136200

What is the average salary for Credit Portfolio Manager in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Credit Portfolio Manager in Rockford, IL. The base salary for Credit Portfolio Manager ranges from $102,367 to $140,260 with the average base salary of $119,653. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $115,087 to $156,779 with the average total cash compensation of $136,200.

View Average Salary for Credit Portfolio Manager as table

	Average Salary	Average Salary Range
Base Salary	$119,653	$102,367 - $140,260
Bonus	$16,547	$12,720 - $16,519
Total Pay	$136,200	$115,087 - $156,779

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Credit Portfolio Manager Salary Near Rockford, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Rockford, IL
CITY, STATE Janesville, WI	AVERAGE SALARY RANGE $102,633 - $140,624	COMPARE TO Rockford, IL
CITY, STATE Elgin, IL	AVERAGE SALARY RANGE $108,011 - $147,992	COMPARE TO Rockford, IL
CITY, STATE Hoffman Estates, IL	AVERAGE SALARY RANGE $108,882 - $149,186	COMPARE TO Rockford, IL
CITY, STATE Aurora, IL	AVERAGE SALARY RANGE $108,978 - $149,318	COMPARE TO Rockford, IL
CITY, STATE Madison, WI	AVERAGE SALARY RANGE $104,705 - $143,464	COMPARE TO Rockford, IL
CITY, STATE Wheaton, IL	AVERAGE SALARY RANGE $108,351 - $148,458	COMPARE TO Rockford, IL

See salaries for Credit Portfolio Manager in locations close to Rockford, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Rockford, Illinois

Rockford is a city in Winnebago County in the U.S. state of Illinois, in far northern Illinois. Located on the banks of the Rock River, Rockford is the county seat of Winnebago County (a small portion of the city is located in Ogle County). The largest city in Illinois outside of the Chicago metropolitan area, Rockford is the third-largest city in the state and the 171st most populous in the United States According to 2010 U.S. Census Data, the City of Rockford had a population of 152,871, with an outlying metropolitan area population of 348,360. The City of Rockford's population is 147,051...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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JOB TITLE Credit Portfolio Consultant 4	LOCATION Rockford, IL	MINIMUM SALARY $78,340	MAXIMUM SALARY $91,114
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JOB TITLE Portfolio Manager II	LOCATION Rockford, IL	MINIMUM SALARY $96,323	MAXIMUM SALARY $127,426

The Credit Portfolio Manager job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Rockford, IL that might be a good fit for the type of job and salary you are looking for.

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102367

140260

About Rockford, Illinois Rockford is a city in Winnebago County in the U.S. state of Illinois, in far northern Illinois. Located on the banks of the Rock River, Rockford is t....More

Rockford, Illinois area prices were up 1.3% from a year ago

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