Home > Salary > Algeria > Credit Risk Manager
A credit risk manager is responsible for assessing and managing the potential risks associated with lending money or extending credit to individuals or businesses. They analyze financial data, evaluate creditworthiness, and make recommendations on loan approvals or credit limits. These professionals work closely with other departments, such as underwriting and collections, to ensure effective risk mitigation strategies are in place. They also monitor and review existing credit portfolios, identifying any potential issues or trends that may impact the organization's overall credit risk exposure. Additionally, credit risk managers stay up-to-date on industry regulations and best practices to ensure compliance and reduce the likelihood of financial losses.
Estimated Yearly Salary: 4,880,696 DZD
Estimated Monthly Salary: 406,725 DZD
Estimated Weekly Salary: 93,860 DZD per week
Estimated Hourly Salary: 2,346 DZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 391,600 DZD
Estimated Weekly Salary: 90,369 DZD per week
Estimated Hourly Salary: 2,259 DZD per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 28,070 USD
Estimated Monthly Salary: 2,339 USD
Estimated Weekly Salary: 540 USD per week
Estimated Hourly Salary: 13 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 4,880,696 DZD
Estimated Monthly Salary: 406,725 DZD
Estimated Weekly Salary: 93,860 DZD per week
Estimated Hourly Salary: 2,346 DZD per hour
By working as Credit Risk Manager a person can save up to 1,779 USD per month or 21,350 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Estimated Yearly Salary for Credit Risk Manager
Last revision of data: 2025-01-04
Data as of 2025
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Credit Risk Manager salary in Algeria
Average Yearly Salary of Credit Risk Manager in Algeria is approximately 4,880,696 DZD (28,070 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Credit Risk Manager do?
A credit risk manager is responsible for assessing and managing the potential risks associated with lending money or extending credit to individuals or businesses. They analyze financial data, evaluate creditworthiness, and make recommendations on loan approvals or credit limits. These professionals work closely with other departments, such as underwriting and collections, to ensure effective risk mitigation strategies are in place. They also monitor and review existing credit portfolios, identifying any potential issues or trends that may impact the organization's overall credit risk exposure. Additionally, credit risk managers stay up-to-date on industry regulations and best practices to ensure compliance and reduce the likelihood of financial losses.
Skills: credit risk management, financial analysis, risk assessment, loan underwriting, credit portfolio management, regulatory compliance.
Job industry: Finance
Job industry: Finance
How much does Credit Risk Manager make?
Salary details
How much does Credit Risk Manager make?Estimated Yearly Salary: 4,880,696 DZD
Estimated Monthly Salary: 406,725 DZD
Estimated Weekly Salary: 93,860 DZD per week
Estimated Hourly Salary: 2,346 DZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 4,699,199 DZDEstimated Monthly Salary: 391,600 DZD
Estimated Weekly Salary: 90,369 DZD per week
Estimated Hourly Salary: 2,259 DZD per hour
Last revision of data: 2024-01-09Credit Risk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 28,070 USD
Estimated Monthly Salary: 2,339 USD
Estimated Weekly Salary: 540 USD per week
Estimated Hourly Salary: 13 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Algeria, located in North Africa, is the largest country on the continent and the 10th largest in the world. It covers an area of approximately 2.38 million square kilometers. The population of Algeria is estimated to be around 44 million people. The country is known for its diverse landscapes, including the Sahara Desert, the Atlas Mountains, and the Mediterranean coastline.
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Credit Risk Manager job salary compared to average salary in Algeria.
Comparison shows that a person working as Credit Risk Manager in Algeria earns on average:
2.19 times the average salary (or 219% of average salary).
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Credit Risk Manager job salary compared to average salary in Algeria.
Comparison shows that a person working as Credit Risk Manager in Algeria earns on average:
2.19 times the average salary (or 219% of average salary).
Is Credit Risk Manager a well paid job?
Yes, our data show that Credit Risk Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Credit Risk Manager?
High salary for Credit Risk Manager would be somewhere between 5,368,766 DZD and 7,077,009 DZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Credit Risk Manager in Algeria?
Living in Algeria the approximate monthly expenses are: 560 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 4,880,696 DZD
Estimated Monthly Salary: 406,725 DZD
Estimated Weekly Salary: 93,860 DZD per week
Estimated Hourly Salary: 2,346 DZD per hour
By working as Credit Risk Manager a person can save up to 1,779 USD per month or 21,350 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Tunisia, Libya, Niger, Mali, Mauritania, Western Sahara, Morocco. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Credit Risk Manager
Tunisia is 24,164 USD
Morocco is 30,058 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Algeria
(25,311,833 DZD per year, pre-tax.)
2. Cardiologist
(21,013,816 DZD per year, pre-tax.)
(20,364,684 DZD per year, pre-tax.)
4. Neurosurgeon
(19,663,767 DZD per year, pre-tax.)
(19,645,969 DZD per year, pre-tax.)
6. Oncologist
(19,276,089 DZD per year, pre-tax.)
7. Urologist
(19,266,856 DZD per year, pre-tax.)
(19,264,961 DZD per year, pre-tax.)
(19,152,386 DZD per year, pre-tax.)
(19,151,120 DZD per year, pre-tax.)
Data as of 2025Random salary:
Institutional review board (irb), coordinator (2,428,747 DZD per year, pre-tax.)
Operations project consultant (3,563,973 DZD per year, pre-tax.)
Carpet installer (1,141,085 DZD per year, pre-tax.)
Human immunodeficiency virus (hiv), disease investigator (1,603,123 DZD per year, pre-tax.)
Sports announcer (2,323,217 DZD per year, pre-tax.)
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