How much does a Credit Risk Manager make in Connecticut? The average Credit Risk Manager salary in Connecticut is $143,085 as of February 26, 2024, but the range typically falls between $114,625 and $159,959. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Credit Risk Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Credit Risk Manager Salary $88,714 CT February 26, 2024
25th Percentile Credit Risk Manager Salary $114,625 CT February 26, 2024
50th Percentile Credit Risk Manager Salary $143,085 CT February 26, 2024
75th Percentile Credit Risk Manager Salary $159,959 CT February 26, 2024
90th Percentile Credit Risk Manager Salary $175,322 CT February 26, 2024
25% $114,625 10% $88,714 90% $175,322 75% $159,959 $143,085 50%(Median) Didn’t find job title? Click
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What skills does a Credit Risk Manager need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Trading: Trading is the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries.

3.

Python: Applying the concepts and algorithms of Python to design, develop and maintain software applications to comply with business requirements.

Analysis 7.83%
Trading 1.91%
Python 1.18%
Others 89.08%

Job Description for Credit Risk Manager

Credit Risk Manager develops and implements policies and procedures that reduce credit risk for a financial institution. Manages the building of financial models that predict credit risk exposure to the organization. Being a Credit Risk Manager oversees the preparation of performance reports for management. May require a master's degree. Additionally, Credit Risk Manager typically reports to a head of a unit/department. The Credit Risk Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Credit Risk Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Credit Risk Manager in Connecticut

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Location Avg. Salary Date Updated
Location New London, CT Avg. Salary $141,479 Date Updated February 26, 2024
Location Norwich, CT Avg. Salary $141,824 Date Updated February 26, 2024
Location West Haven, CT Avg. Salary $143,868 Date Updated February 26, 2024
Location Abington, CT Avg. Salary $140,527 Date Updated February 26, 2024
Location Amston, CT Avg. Salary $142,409 Date Updated February 26, 2024
Location Andover, CT Avg. Salary $143,483 Date Updated February 26, 2024
Location Ansonia, CT Avg. Salary $143,868 Date Updated February 26, 2024
Location Ashford, CT Avg. Salary $140,653 Date Updated February 26, 2024
Location Avon, CT Avg. Salary $143,749 Date Updated February 26, 2024
Location Ballouville, CT Avg. Salary $140,318 Date Updated February 26, 2024
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Credit Risk Manager Salary in Connecticut
Credit Risk Manager Salary Graph, Regional Distribution and Summary