Credit Portfolio Manager Salary in Springfield, IL

How much does a Credit Portfolio Manager make?

As of December 01, 2024, the average annual pay of Credit Portfolio Manager in Springfield, IL is $119,552. While Salary.com is seeing that Credit Portfolio Manager salary in Springfield, IL can go up to $158,891 or down to $86,567, but most earn between $102,286 and $140,143. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Credit Portfolio Manager in the United States.

Search Credit Portfolio Manager Jobs in Springfield, IL

How to Become a Portfolio Manager

Develop a Job description

Pay Equity

2024 Compensation Trend

Benefits Consulting

Salary range for a Credit Portfolio Manager

$102,286 to $140,143

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

View Average Salary for United States
Adjust Credit Portfolio Manager Salary:
Select State
Select City in IL
Choose Similar Job
Pick Related Category
View Cost of Living in Springfield, Illinois

Facing Salary Structure Challenges? Let Our Expert Guide You

The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.

We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Credit Portfolio Manager

Review the job openings and experience requirements for the Credit Portfolio Manager job to confirm that it is the job you are seeking.

See user submitted job responsibilities for Credit Portfolio Manager.

Search Credit Portfolio Manager Job Openings

Job Openings for Credit Portfolio Manager in Springfield, 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

Submit Other Responsibilities

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

Credit Portfolio Manager Salary By Experience Levels in Springfield, IL

How much should you be earning in Credit Portfolio Manager in Springfield, IL based on your current experience?

Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Credit Portfolio Manager in Springfield, IL

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 Springfield, IL

Do you know how much should you be paid for a Credit Portfolio Manager position in Springfield, IL based on your education level?

Tell us about your education and see an estimate of earnings for Credit Portfolio Manager in Springfield, IL and well to know the impact of education on future careers.

LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Credit Portfolio Manager in Springfield, IL

Average Base Salary

Core compensation

102286

140143

119552

Average Total Cash Compensation

Includes base and annual incentives

114995

156650

136091

What is the average salary for Credit Portfolio Manager in 2024?

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 Springfield, IL. The base salary for Credit Portfolio Manager ranges from $102,286 to $140,143 with the average base salary of $119,552. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $114,995 to $156,650 with the average total cash compensation of $136,091.

View Average Salary for Credit Portfolio Manager as table

	Average Salary	Average Salary Range
Base Salary	$119,552	$102,286 - $140,143
Bonus	$16,540	$12,709 - $16,507
Total Pay	$136,091	$114,995 - $156,650

* 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 Springfield, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Springfield, IL
CITY, STATE Normal, IL	AVERAGE SALARY RANGE $101,016 - $138,404	COMPARE TO Springfield, IL
CITY, STATE Bloomington, IL	AVERAGE SALARY RANGE $100,736 - $138,020	COMPARE TO Springfield, IL
CITY, STATE Peoria, IL	AVERAGE SALARY RANGE $101,854 - $139,551	COMPARE TO Springfield, IL
CITY, STATE Champaign, IL	AVERAGE SALARY RANGE $100,009 - $137,024	COMPARE TO Springfield, IL
CITY, STATE Florissant, MO	AVERAGE SALARY RANGE $103,657 - $142,022	COMPARE TO Springfield, IL
CITY, STATE Saint Louis, MO	AVERAGE SALARY RANGE $103,826 - $142,253	COMPARE TO Springfield, IL

See salaries for Credit Portfolio Manager in locations close to Springfield, 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 Springfield, Illinois

Springfield is the capital of the U.S. state of Illinois and the county seat of Sangamon County. The city's population of 116,250 as of the 2010 U.S. Census makes it the state's sixth most populous city. It is the largest city in central Illinois. As of 2013, the city's population was estimated to have increased to 117,006, with just over 211,700 residents living in the Springfield Metropolitan Statistical Area, which includes Sangamon County and the adjacent Menard County. Present-day Springfield was settled by European Americans in the late 1810s, around the time Illinois became a state. The...

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

View Salary for Similar Jobs to Credit Portfolio Manager in Springfield, IL

See Additional Similar Jobs

Loading results...

JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Credit Portfolio Analyst	LOCATION Springfield, IL	MINIMUM SALARY $64,758	MAXIMUM SALARY $84,847
JOB TITLE Credit Portfolio Consultant	LOCATION Springfield, IL	MINIMUM SALARY $77,212	MAXIMUM SALARY $97,215
JOB TITLE Credit Portfolio Consultant 4	LOCATION Springfield, IL	MINIMUM SALARY $77,212	MAXIMUM SALARY $97,215
JOB TITLE Portfolio Manager	LOCATION Springfield, IL	MINIMUM SALARY $100,740	MAXIMUM SALARY $138,330
JOB TITLE Portfolio Manager II	LOCATION Springfield, IL	MINIMUM SALARY $100,737	MAXIMUM SALARY $138,326
JOB TITLE Trust Portfolio Administration Team Manager	LOCATION Springfield, IL	MINIMUM SALARY $120,200	MAXIMUM SALARY $161,500

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 Springfield, IL that might be a good fit for the type of job and salary you are looking for.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

102286

140143

About Springfield, Illinois Springfield is the capital of the U.S. state of Illinois and the county seat of Sangamon County. The city's population of 116,250 as of the 2010 U.S. ....More

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

Credit Portfolio Manager Salary in popular cities: Chicago, Aurora, Rockford

Recently searched related titles: Service Portfolio Manager, Wealth Management Portfolio Manager, Trust Portfolio Manager

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

Jobs with a similar salary range to Credit Portfolio Manager : Regional Portfolio Manager, Technology Portfolio Manager, Hoa Portfolio Manager