Credit Risk Manager Salary in Massachusetts
Credit Risk Manager Salary in Massachusetts
How much does a Credit Risk Manager make in Massachusetts? The average Credit Risk Manager salary in Massachusetts is $144,754 as of March 26, 2024, but the range typically falls between $115,966 and $161,821. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Credit Risk Manager Salary | $89,755 | MA | March 26, 2024 |
| 25th Percentile Credit Risk Manager Salary | $115,966 | MA | March 26, 2024 |
| 50th Percentile Credit Risk Manager Salary | $144,754 | MA | March 26, 2024 |
| 75th Percentile Credit Risk Manager Salary | $161,821 | MA | March 26, 2024 |
| 90th Percentile Credit Risk Manager Salary | $177,360 | MA | March 26, 2024 |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Trading: Trading is the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries.
Python: Applying the concepts and algorithms of Python to design, develop and maintain software applications to comply with business requirements.
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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| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Attleboro, MA | Avg. Salary $139,565 | Date Updated March 26, 2024 |
| Location Barnstable, MA | Avg. Salary $141,029 | Date Updated March 26, 2024 |
| Location Fitchburg, MA | Avg. Salary $141,827 | Date Updated March 26, 2024 |
| Location Hyannis, MA | Avg. Salary $140,497 | Date Updated March 26, 2024 |
| Location Leominster, MA | Avg. Salary $140,098 | Date Updated March 26, 2024 |
| Location Malden, MA | Avg. Salary $149,145 | Date Updated March 26, 2024 |
| Location Methuen, MA | Avg. Salary $142,093 | Date Updated March 26, 2024 |
| Location Newton, MA | Avg. Salary $149,145 | Date Updated March 26, 2024 |
| Location Revere, MA | Avg. Salary $149,145 | Date Updated March 26, 2024 |
| Location Weymouth, MA | Avg. Salary $145,286 | Date Updated March 26, 2024 |
What does a Credit Risk Manager do?
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About Massachusetts
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|---|---|---|---|
| Job Title Credit Analysis Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
| Job Title Credit and Collections Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
| Job Title Credit Clerk | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
| Job Title Credit Risk Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
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Level of Education for Credit Risk Manager
Jobs with different levels of education may pay very differently. Check the Credit Risk Manager salary of your education level.
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Browse Related Job Categories With Credit Risk Manager
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About Massachusetts Massachusetts is the 7th-smallest state in the United States. It is located in the New England region of the northeastern United States and has an are....More
Skills associated with Credit Risk Manager: Risk Analysis, Financial Risk Management Software, Financial Modeling, Risk Identification Model ...More
Jobs with a similar salary range to Credit Risk Manager : Assistant Credit Manager, Manager II
Salary estimation for Credit Risk Manager at companies like : 1203 Century Park East, Ltd a California LP, Four Star Financial Group LLC, Meet Avallon Real Estate Group
