Salary for
Credit Risk Manager in the United States

How much does a Credit Risk Manager earn in the United States? The average Credit Risk Manager salary in the United States is $116,926 as of March 28, 2019, but the range typically falls between $93,683 and $130,719. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View Cost of Living in Major Cities

Job Description

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. Oversees the preparation of performance reports for management. May require a master's degree. Typically reports to a head of a unit/department. 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. Typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required.

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Salary range for a Credit Risk Manager
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Average Base Salary

Core compensation

 
 
 
93683
130719
116926

Average Total Compensation

Includes bonus, healthcare, and retirement

 
 
 
102971
151682
134997
These charts show the average base salary (core compensation), as well as the average total compensation for the job of Credit Risk Manager in the United States. The base salary for Credit Risk Manager ranges from $93,683 to $130,719 with the average base salary of $116,926. The total compensation, which includes bonus, health and retirement, can vary anywhere from $102,971 to $151,682 with the average total compensation of $134,997.
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93683
130719
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Career Path for this job

  1. Down a level:

    Credit Risk Officer III

    4 - 7 years experience
    Master's Degree

  2. This Job:

    Credit Risk Manager

    5 + years experience
    Master's Degree

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Job Openings for Credit Risk Manager