Management Credit Risk Manager

Mitigating Risk and Driving Growth - Become a Credit Risk Manager


A credit risk manager is a professional responsible for managing the credit risk of a company or financial institution. The term credit risk generally refers to the potential for loss due to the failure of a borrower to repay their debt. The role of these managers is to assess as well as manage the risk of lending money to individuals, businesses or other organisations.

A credit risk manager typically has a strong background in finance or accounting with specialised training in credit risk management. Moreover, they should have excellent analytical skills, strong communication as well as interpersonal skills. They must be able to work well under pressure  and be comfortable while making difficult decisions that can impact the organisation's financial health.


For Bachelor’s

  • The aspirants must pass their secondary level board examination by scoring at least 55% marks from any authorised board.
  • Seekers can pursue a Bachelor's degree in accounting, finance or business to qualify for an entry-level position in a finance department or any other business-related organisation. 

 For Masters

  • To become a credit risk manager, scholars should opt for an MBA in Financial Management to attain top-level management skills along with the knowledge of financial accounting and in such a manner. 

Job Roles

Here are some common job roles for a credit risk manager:

  • Credit Risk Analyst
  • Portfolio Risk Manager
  • Credit Risk Underwriter
  • Credit Risk Officer
  • Credit Risk Consultant
  • Credit Risk Technology Manager
  • Commercial Credit Risk Manager
  • Retail Credit Risk Manager

Top Recruiters

Here are some top recruiters for credit risk managers:

  • Banks and Financial Institutions
  • Consulting Firms
  • Insurance Companies
  • Rating Agencies
  • E-commerce Companies
  • Manufacturing Companies
  • IT Companies


The salary of a Credit Risk Manager can vary depending on several factors such as the level of experience, location, industry as well as company size.


Level of Salary

Salary Package per Year

Starting Salary

Approx ₹4,00,000

Mid Level Salary

Approx ₹10,00,000 

Senior Level Salary

Approx ₹18,00,000 


  • Analytical skills
  • Knowledge of risk management
  • Communication skills
  • Attention to detail
  • Problem-solving skills
  • Financial acumen
  • Industry knowledge
  • Decision-making skills
  • Leadership skills


A Credit Risk Manager's career prospects are generally positive, with opportunities for growth as well as advancement. Furthermore, Credit Risk Managers will continue to play an important role in assessing and managing the risks associated with lending money to achieve business growth.

  • Senior Credit Risk Manager
  • Risk Management Consultant
  • Chief Risk Officer
  • Credit Analyst Manager
  • Entrepreneur

Overall, a career as a Credit Risk Manager offers numerous benefits like job stability, competitive salary, opportunities for growth and advancement making it a rewarding as well as fulfilling profession.


  • Job stability
  • Competitive salary
  • Career growth
  • Variety of industries
  • Intellectual challenge
  • Positive impact
  • Collaboration


  • High-pressure environment
  • Long hours
  • Compliance requirements
  • Emphasis on quantitative skills
  • Limited creativity
  • Reliance on technology
  • Negative impact of poor decisions