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Credit Risk Manager Jobs in Milwaukee, WI (NOW HIRING)

Senior Credit Analyst

Glendale, WI · On-site

$25 - $28/hr

Experience managing high-risk or complex credit portfolios independently * Proven ability to make independent credit decisions (credit limits, terms, exposure) * Strong communication and stakeholder ...

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Credit Risk Manager information

See Milwaukee, WI salary details

$85.2K

$156K

$236K

How much do credit risk manager jobs pay per year?

As of Jul 14, 2026, the average yearly pay for credit risk manager in Milwaukee, WI is $155,976.00, according to ZipRecruiter salary data. Most workers in this role earn between $131,500.00 and $174,900.00 per year, depending on experience, location, and employer.

What are the 5 C's of credit risk management?

The 5 C's of credit risk management are Character, Capacity, Capital, Collateral, and Conditions. These factors help credit risk managers evaluate a borrower's ability and willingness to repay a loan, guiding credit decisions and risk assessments. Understanding these principles is essential for effective credit analysis and maintaining financial stability.

How does a Credit Risk Manager typically collaborate with other departments to assess and mitigate risk?

A Credit Risk Manager frequently works with teams across the organization, such as underwriting, finance, and compliance, to assess borrower creditworthiness and ensure adherence to risk policies. Collaboration often involves developing risk models, reviewing loan portfolios, and communicating risk exposures to senior management. Working closely with these departments enables comprehensive risk assessments and the implementation of effective mitigation strategies. This cross-functional approach fosters a proactive risk culture and ensures that credit decisions align with both regulatory requirements and business objectives.

What Does a Credit Risk Manager Do?

A credit risk manager analyzes credit risk for banks and similar financial institutions. In this role, it’s your job to develop better credit risk policies and procedures to alleviate losses and maintain capital. Additional duties involve examining data, building financial models, creating performance reports, ensuring regulatory compliance, and formulating credit policy. This career requires at least a bachelor’s degree in business administration or a related field. Other important qualifications include excellent analytical, communication, and research skills. Most employers typically prefer candidates who have previous risk management experience.

What is the highest salary for a risk manager?

The highest salary for a Credit Risk Manager can exceed $150,000 annually, especially in large financial institutions or with extensive experience and advanced certifications. Senior risk managers in major markets or with specialized skills may earn even higher compensation, including bonuses and incentives.

What are Credit Risk Managers?

Credit Risk Managers are professionals responsible for assessing and managing the risk of financial losses that may arise from borrowers failing to repay loans or meet contractual obligations. They analyze financial data, credit reports, and market trends to determine the creditworthiness of individuals or businesses. Credit Risk Managers also develop policies and strategies to minimize potential losses and ensure compliance with regulatory standards. Their role is critical in maintaining the financial health and stability of banks, lending institutions, and other organizations involved in credit.

What is the role of a credit risk manager?

A credit risk manager is responsible for assessing and monitoring the creditworthiness of clients and borrowers to minimize financial losses. They analyze financial data, develop risk mitigation strategies, and ensure compliance with lending policies, often using tools like credit scoring models and financial analysis software.

What are the key skills and qualifications needed to thrive as a Credit Risk Manager, and why are they important?

To thrive as a Credit Risk Manager, you need strong analytical abilities, deep knowledge of financial principles, and typically a degree in finance, accounting, or a related field. Familiarity with risk modeling software, credit scoring systems, and regulatory frameworks such as Basel III is essential. Strong communication, decision-making, and stakeholder management skills set outstanding professionals apart in this field. These skills are crucial for accurately assessing creditworthiness, minimizing financial losses, and ensuring regulatory compliance within financial institutions.

What is the difference between Credit Risk Manager vs Credit Analyst?

AspectCredit Risk ManagerCredit Analyst
CredentialsBachelor's degree, often certifications like CFA or credit risk certificationsBachelor's degree, finance or related field, sometimes certifications like CFA
Work EnvironmentOversees risk policies, manages teams, strategic planningAnalyzes credit data, assesses borrower risk, prepares reports
Industry UsageUsed in banking, financial services, lending institutionsCommon in banks, credit agencies, financial firms

The Credit Risk Manager focuses on overseeing and managing the overall credit risk policies and teams, while the Credit Analyst conducts detailed credit assessments of individual borrowers. Both roles require similar credentials and are integral to credit decision processes, but they differ in scope and responsibilities.

Does credit risk pay well?

Credit Risk Managers typically earn competitive salaries that vary by industry, experience, and location. They often receive additional benefits and may need certifications such as CFA or FRM, which can influence compensation levels.
What are the most commonly searched types of Credit Risk jobs in Milwaukee, WI? The most popular types of Credit Risk jobs in Milwaukee, WI are:
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What job categories do people searching Credit Risk Manager jobs in Milwaukee, WI look for? The top searched job categories for Credit Risk Manager jobs in Milwaukee, WI are:
What cities near Milwaukee, WI are hiring for Credit Risk Manager jobs? Cities near Milwaukee, WI with the most Credit Risk Manager job openings:
Infographic showing various Credit Risk Manager job openings in Milwaukee, WI as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $155,976 per year, or $75 per hour.
Senior Credit Analyst

Senior Credit Analyst

Insight Global

Glendale, WI • On-site

$25 - $28/hr

Full-time

Medical, Dental, Vision

Posted 13 days ago


Job description

Senior Credit Analyst
Location: Glendale, WI (Remote)
Duration: 6-Month Contract (Potential for Extension or Conversion for Reliable Employees)
Compensation: $25-$28/HR

Job Overview

We are seeking an experienced Senior Credit Analyst to join our team. This individual will play a key role in managing complex credit portfolios, conducting in-depth financial analysis, and making independent credit decisions. The ideal candidate is highly analytical, detail-oriented, and comfortable collaborating cross-functionally in a fast-paced environment.

Key Responsibilities

  • Perform in-depth financial analysis on customer accounts and credit portfolios
  • Partner with the Credit Analysis team to deliver timely credit assessments
  • Approve or recommend credit limits, payment terms, and account structures
  • Monitor portfolio risk and proactively identify emerging issues
  • Collaborate with Sales, Collections, Cash Applications, and Customer Service teams
  • Serve as an escalation point for disputes, order releases, and credit negotiations
  • Prepare portfolio reviews and risk trend reports for leadership
  • Mentor junior credit analysts and promote consistency in credit decisions
  • Support audits, compliance, and internal controls through proper documentation
  • Drive process improvements, automation initiatives, and reporting enhancements

Required Qualifications

  • 5–8 years of experience in credit analysis, financial risk management, or commercial finance
  • Strong financial statement analysis skills, including cash flow, leverage, and liquidity
  • Experience managing high-risk or complex credit portfolios independently
  • Proven ability to make independent credit decisions (credit limits, terms, exposure)
  • Strong communication and stakeholder management skills
  • Advanced Excel skills (reporting, analytics, dashboards)
  • Experience with ERP systems (SAP preferred)
  • Strong organizational skills with the ability to manage multiple priorities