A Credit Risk Manager is responsible for protecting the business from credit losses by reviewing as well as assessing the financial history of the company in order to regulate a good candidate for loan. Moreover, they determine the risk of defaulter by deeply analyzing along with providing detailed reports. Risk Management provides a safe and guarded environment for all the employees in the organization.
Furthermore, with the proper risk management the stability of a business is increased and the legal liability is decreased. The key responsibilities of a Credit Risk Manager involves credit risk reporting on deviations, monitoring expected as well as unexpected losses, understanding risk compliance and much more.
For Bachelor’s
For Masters
There are various options of innumerable top colleges and universities for the field of Credit Risk Management. Following is the list of the leading colleges & universities in India:
And the list goes on. Apart from these top Credit Risk Management institutes, there are also many colleges/universities Abroad which are considered to be the best ones. So, if you want to study this finest field in foreign countries, here are some options for you:
The field of Credit Risk Management aims to provide in-depth knowledge and enhance the skills of the students. To do such a task, this field presents innumerable job profiles:
There are many recruiters from leading companies who enlist potential students in the Credit Risk Management field. Following are some Recruiters from where students can find an employment opportunity in India:
The salary range may vary from company to company, but the salary of a Credit Risk Manager is very impressive in India.
Level of Salary
Salary Package per Year
Starting Salary
Approx Rs 6,30,000
Mid Level Salary
Approx Rs 13,10,000
Senior Level Salary
Approx Rs 22,60,000
A Credit Risk Manager is a professional whose main responsibility is to curtail losses due to the failure of payment by a borrower. Moreover, they implement policies as well as procedures in order to reduce credit risk for an organization they work for. Additionally, they build financial models to predict credit risk.
Furthermore, they can work in multiple sectors such as banking and insurance, logistics and aviation, infrastructure, construction and many more. Needless to say, the career scope of Credit Risk Managers is blooming as businesses are very careful about potential risks and do not want to face losses. This is where Credit Risk Managers come into play in order to safeguard the organization as much as possible.