As of April 01, 2025, the average annual salary for a Credit Risk Manager in the United States is $123,838. According to Salary.com, salaries can range from a low of $96,570 to a high of $146,129, with most professionals earning between $109,565 and $135,506.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $135,506 | $11,292 | $2,606 | $65 |
| Average | $123,838 | $10,320 | $2,382 | $60 |
| 25th Percentile | $109,565 | $9,130 | $2,107 | $53 |
An entry-level Credit Risk Manager with less than 1 year of experience earns about $118,512. With 1-2 years of experience, the average salary increases to $119,151. For 2-4 years of experience, the pay typically rises to $120,216. Senior-level professionals with 5-8 years of experience earn around $121,708, and those with over 8 years of experience can expect an average of $123,838.
| Levels | Salary |
|---|---|
| Entry Level Credit Risk Manager | $118,512 |
| Intermediate Level Credit Risk Manager | $119,151 |
| Senior Level Credit Risk Manager | $120,216 |
| Specialist Level Credit Risk Manager | $121,708 |
| Expert Level Credit Risk Manager | $123,838 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 2% |
| Experienced | 0% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in Credit Risk Manager compensation over the past six years. For example, the median salary increased from $111,346 in 2023 to approximately $112,041 in 2024. (For a detailed analysis of Credit Risk Manager salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Credit Risk Manager information for you to search for. Click on search button below to see Credit Risk Manager job openings or enter a new job title here.
Here are companies hiring for Credit Risk Manager and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $123,838 | 73.6% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $9,474 | 5.6% | ||
| 401K/403B | $5,820 | 3.5% | ||
| Disability | $991 | 0.6% | ||
| Healthcare | $6,056 | 3.6% | ||
| Pension | $6,811 | 4.0% | ||
| Time Off | $15,242 | 9.1% | ||
| Total Compensation | $168,231 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 6.9% |
| Associates | 5.2% |
| Bachelors | 34.5% |
| Masters | 50.0% |
| Doctorate | 3.4% |
What Am I Worth?
The average annual salary of Credit Risk Manager is $123,838. In case you are finding an easy salary calculator, the average hourly pay of Credit Risk Manager is $60; the average weekly pay of Credit Risk Manager is $2,382; the average monthly pay of Credit Risk Manager is $10,320.
A Credit Risk Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Credit Risk Manager earns the most in San Jose, CA, where the annual salary of a Credit Risk Manager is $156,197.
The highest pay for Credit Risk Manager is $146,129.
The lowest pay for Credit Risk Manager is $96,570.
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.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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