Home > Salary > Cameroon > 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: 2,159,060 XAF
Estimated Monthly Salary: 179,922 XAF
Estimated Weekly Salary: 41,520 XAF per week
Estimated Hourly Salary: 1,038 XAF per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 173,934 XAF
Estimated Weekly Salary: 40,139 XAF per week
Estimated Hourly Salary: 1,003 XAF per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 3,346 USD
Estimated Monthly Salary: 279 USD
Estimated Weekly Salary: 64 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 2,159,060 XAF
Estimated Monthly Salary: 179,922 XAF
Estimated Weekly Salary: 41,520 XAF per week
Estimated Hourly Salary: 1,038 XAF per hour
By working as Credit Risk Manager a person can save up to 212 USD per month or 2,549 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 Cameroon, see costs of living in Cameroon.
Estimated Yearly Salary for Credit Risk Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
School crossing guard (464,022 XAF per year, pre-tax.)
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Credit Risk Manager salary in Cameroon
Average Yearly Salary of Credit Risk Manager in Cameroon is approximately 2,159,060 XAF (3,346 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: 2,159,060 XAF
Estimated Monthly Salary: 179,922 XAF
Estimated Weekly Salary: 41,520 XAF per week
Estimated Hourly Salary: 1,038 XAF per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,087,208 XAFEstimated Monthly Salary: 173,934 XAF
Estimated Weekly Salary: 40,139 XAF per week
Estimated Hourly Salary: 1,003 XAF per hour
Last revision of data: 2024-01-07Credit Risk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,346 USD
Estimated Monthly Salary: 279 USD
Estimated Weekly Salary: 64 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
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Salary comparison to National average
Cameroon, located in Central Africa, is a diverse and culturally rich country. With a population of approximately 26 million people, it is one of the most populous nations on the continent. The country spans an area of around 475,440 square kilometers, making it slightly larger than Sweden.
Estimated national average yearly salary is 987,534 XAF (1,660 USD). Value indicated is pre-tax. Below graph shows estimated Credit Risk Manager job salary compared to average salary in Cameroon.
Comparison shows that a person working as Credit Risk Manager in Cameroon earns on average:
2.19 times the average salary (or 219% of average salary).
Estimated national average yearly salary is 987,534 XAF (1,660 USD). Value indicated is pre-tax. Below graph shows estimated Credit Risk Manager job salary compared to average salary in Cameroon.
Comparison shows that a person working as Credit Risk Manager in Cameroon 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 2,374,966 XAF and 3,130,637 XAF. However this is an estimation based on Gaussian Distribution.How much can you save working as Credit Risk Manager in Cameroon?
Living in Cameroon the approximate monthly expenses are: 66 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: 2,159,060 XAF
Estimated Monthly Salary: 179,922 XAF
Estimated Weekly Salary: 41,520 XAF per week
Estimated Hourly Salary: 1,038 XAF per hour
By working as Credit Risk Manager a person can save up to 212 USD per month or 2,549 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 Cameroon, see costs of living in Cameroon.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Nigeria, Chad, Central African Republic, Equatorial Guinea, Gabon, Congo, The Democratic Republic of the Congo.. 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
Nigeria is 10,349 USD
Congo is 4,828 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 Cameroon
(11,250,221 XAF per year, pre-tax.)
2. Cardiologist
(9,367,644 XAF per year, pre-tax.)
(9,012,293 XAF per year, pre-tax.)
(8,759,043 XAF per year, pre-tax.)
5. Neurosurgeon
(8,739,351 XAF per year, pre-tax.)
(8,552,704 XAF per year, pre-tax.)
(8,541,445 XAF per year, pre-tax.)
(8,537,195 XAF per year, pre-tax.)
(8,530,719 XAF per year, pre-tax.)
10. Urologist
(8,513,192 XAF per year, pre-tax.)
Data as of 2025Random salary:
School crossing guard (464,022 XAF per year, pre-tax.)
Research engineer (1,291,531 XAF per year, pre-tax.)
Caregiver (383,727 XAF per year, pre-tax.)
Fiction writer (1,266,192 XAF per year, pre-tax.)
Regional manager loss prevention (1,688,688 XAF per year, pre-tax.)
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