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

Portfolio Manager

Milwaukee, WI · On-site

$88K - $165K/yr

Minimizes BMO's risk exposure by adhering to credit policies, regulatory standards, and operational guidelines. * Serves as a point of contact for service requests, ensuring expectations are ...

Credit Clerk

Brookfield, WI · On-site

$15.50 - $20.25/hr

Monitor payment patterns and identify risk areas that may require escalated collection action or ... Background in commercial collections and credit-related account management. * Ability to review ...

Showing results 21-40

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 Aug 6, 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.

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 a credit risk manager?

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 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.

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:
What are popular job titles related to Credit Risk Manager jobs in Milwaukee, WI? For Credit Risk Manager jobs in Milwaukee, WI, the most frequently searched job titles are:
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.

Business Banking Portfolio Manager

Summit Credit Union

Oak Creek, WI • On-site

Full-time

Re-posted 6 days ago


Summit Credit Union rating

7.7

Company rating: 7.7 out of 10

Based on 16 frontline employees who took The Breakroom Quiz


Job description

Join our team as a Business Portfolio Manager and play a key role in helping local businesses thrive. Join our team as a Business Portfolio Manager and play a key role in helping local businesses thrive. 

Current opportunity:
*Cedarburg, *
Greater Milwaukee/Racine
Provide portfolio support to the Business Relationship Managers by assisting in the gathering of critical information, monitoring loan/relationship performance, underwriting and documenting business loans assigned by VP Market Manager. The Business Portfolio Manager partners closely with assigned market’s Business Relationship Managers to execute on the commercial loan origination strategy by working directly with prospects, members and centers of influence (COI’s) to develop optimal financing structures to address borrowing needs.  Responsible for the management of an assigned lending portfolio, including evaluation of ongoing credit risk, capacity to repay, adequacy of collateral, and loan conditions and covenants.  Responsible for handling portfolio member inquiries, resolving issues with business deposit and loan accounts, delivering exceptional member service, and ensuring that all processes, procedures, letters, and documentation within areas of responsibility are contributing to a positive member experience.

Expected Outcomes

  • Members receive outstanding accurate and timely service.
  • Relationships with Credit and Operations teams are marked by clear communication and mutual respect.
  • Proactive relationship management results in minimal administrative delinquent loans.
  • Business Services is well represented at community events and local non-profits.
  • Performance metrics demonstrate the attainment of key business objectives, including portfolio quality.
  • Member experience and profitability are strengthened through the implementation and promotion of Business Services initiatives and the fostering of a service to sales culture.

Capability Requirements

  • Bachelor's Degree in Business, Finance, or related field.
  • Three or more years of experience in business services/banking as credit analyst, portfolio manager, or relationship manager; or combination of applicable work experience and education.
  • Professional, well-developed interpersonal skills essential for interacting with credit union staff and
  • Well-developed mathematical skills.
  • Ability to work accurately with figures and perform detailed work with an extremely high degree of precision.
  • Knowledge of business loan processing and servicing.
  • Knowledge of laws and regulations that govern member business lending.
  • Ability to interpret and follow written policies.
  • Ability to work under pressure and multi-task, while maintaining professionalism and courtesy.
  • Basic knowledge of Microsoft Word, Outlook and intermediate knowledge of Excel.

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