Credit Risk Consultant Salary in Worcester, MA

How much does a Credit Risk Consultant make in Worcester, MA?

As of April 01, 2025, the average annual salary for a Credit Risk Consultant in Worcester, MA is $80,095. Salary.com reports that pay typically ranges from $67,596 to $87,800, with most professionals earning between $56,217 and $94,816.

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Salary range for a Credit Risk Consultant

$67,596 to $87,800

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Credit Risk Consultant

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Job Openings for Credit Risk Consultant in Worcester, MA

What does a Credit Risk Consultant do?

Common responsibilities of a Credit Risk Consultant

Manage allowance for credit loss (ACL) forecasting process based on.

November 13, 2022

Understand, review and challenge the Credit Card front line risk acceptances and new business initiatives.

February 28, 2023

Takes initiatives and prioritizes work to consistently drive for results on work assignments with both quality, and with meeting deadlines, under pressure in a dynamic and complex environment.

March 11, 2023

Support the strategic program of work initiatives in Auto Credit Risk and build/distribute reporting that clearly communicates initiatives progress and next steps across all levels of the organization.

March 15, 2023

Leadership skills including the ability to influence effectively in a matrix environment.

March 21, 2023

Build and sustain a strong risk culture including a balanced approach through working in cooperation and consultation with all lines of defense across the enterprise.

March 24, 2023

Collect and analyze auto industry .

April 26, 2023

Evaluate cross-program and cross-group analytics to identify opportunities and best practices to influence stronger risk management practices by the business.

April 29, 2023

Develop and maintain relationships with Business Managers, Independent Risk teams, and Group Control Executive teams.

May 04, 2023

Execute initiative management processes and deliverables, including project tracking, internal reporting, and Board, Enterprise, and regulator reporting.

May 08, 2023

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Credit Risk Consultant Salary By Experience Levels in Worcester, MA

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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 Risk Consultant Salary By Level of Education in Worcester, MA

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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 Risk Consultant in Worcester, MA

Average Base Salary

Core compensation

67596

87800

80095

Average Total Cash Compensation

Includes base and annual incentives

69884

94016

83737

What is the average salary for Credit Risk Consultant in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Credit Risk Consultant in Worcester, MA. The base salary for Credit Risk Consultant ranges from $67,596 to $87,800 with the average base salary of $80,095. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $69,884 to $94,016 with the average total cash compensation of $83,737.

View Average Salary for Credit Risk Consultant as table

	Average Salary	Average Salary Range
Base Salary	$80,095	$67,596 - $87,800
Bonus	$3,643	$2,287 - $6,216
Total Pay	$83,737	$69,884 - $94,016

* 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 Risk Consultant Salary Near Worcester, MA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Worcester, MA
CITY, STATE Leominster, MA	AVERAGE SALARY RANGE $67,448 - $87,608	COMPARE TO Worcester, MA
CITY, STATE Fitchburg, MA	AVERAGE SALARY RANGE $68,118 - $88,478	COMPARE TO Worcester, MA
CITY, STATE Framingham, MA	AVERAGE SALARY RANGE $69,549 - $90,337	COMPARE TO Worcester, MA
CITY, STATE Newton, MA	AVERAGE SALARY RANGE $71,889 - $93,376	COMPARE TO Worcester, MA
CITY, STATE Woonsocket, RI	AVERAGE SALARY RANGE $66,733 - $86,678	COMPARE TO Worcester, MA
CITY, STATE Medford, MA	AVERAGE SALARY RANGE $71,889 - $93,376	COMPARE TO Worcester, MA

See salaries for Credit Risk Consultant in locations close to Worcester, MA. 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 Worcester, Massachusetts

Worcester has a total area of 38.6 square miles (100 km2), 37.6 square miles (97 km2) of land and 1.0 square mile (2.6 km2) (roughly 2.59%) of water. Worcester is bordered by the towns of Auburn, Grafton, Holden, Leicester, Millbury, Paxton, Shrewsbury, and West Boylston. Worcester is known as the Heart of the Commonwealth, because of its proximity to the center of Massachusetts. The city is about 40 miles (64 km) west of Boston, 50 miles (80 km) east of Springfield, and 38 miles (61 km) northwest of Providence, Rhode Island. The Blackstone River forms in the center of Worcester by the conflue...

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

View Salary for Similar Jobs to Credit Risk Consultant in Worcester, MA

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Credit Risk Manager	LOCATION Worcester, MA	MINIMUM SALARY $114,901	MAXIMUM SALARY $142,105
JOB TITLE Credit Risk Specialist	LOCATION Worcester, MA	MINIMUM SALARY $67,596	MAXIMUM SALARY $87,800
JOB TITLE Credit Risk Associate	LOCATION Worcester, MA	MINIMUM SALARY $114,173	MAXIMUM SALARY $150,733
JOB TITLE Credit Risk Analyst	LOCATION Worcester, MA	MINIMUM SALARY $52,626	MAXIMUM SALARY $71,368
JOB TITLE Head Of Credit Risk	LOCATION Worcester, MA	MINIMUM SALARY $146,403	MAXIMUM SALARY $164,092
JOB TITLE Credit Risk Officer	LOCATION Worcester, MA	MINIMUM SALARY $52,626	MAXIMUM SALARY $71,368

The Credit Risk Consultant 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 Worcester, MA that might be a good fit for the type of job and salary you are looking for.

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67596

87800

About Worcester, Massachusetts Worcester has a total area of 38.6 square miles (100 km2), 37.6 square miles (97 km2) of land and 1.0 square mile (2.6 km2) (roughly 2.59%) of water. ....More

Worcester, Massachusetts area prices were up 1.6% from a year ago

Credit Risk Consultant Salary in popular cities: Boston, Springfield, Lowell

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