Home > Salary > Hungary > 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: 14,565,092 HUF
Estimated Monthly Salary: 1,213,758 HUF
Estimated Weekly Salary: 280,098 HUF per week
Estimated Hourly Salary: 7,002 HUF per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,177,182 HUF
Estimated Weekly Salary: 271,657 HUF per week
Estimated Hourly Salary: 6,791 HUF per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 38,053 USD
Estimated Monthly Salary: 3,171 USD
Estimated Weekly Salary: 732 USD per week
Estimated Hourly Salary: 18 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: 14,565,092 HUF
Estimated Monthly Salary: 1,213,758 HUF
Estimated Weekly Salary: 280,098 HUF per week
Estimated Hourly Salary: 7,002 HUF per hour
By working as Credit Risk Manager a person can save up to 2,411 USD per month or 28,928 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 Hungary, see costs of living in Hungary.
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 Hungary
Average Yearly Salary of Credit Risk Manager in Hungary is approximately 14,565,092 HUF (38,053 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: 14,565,092 HUF
Estimated Monthly Salary: 1,213,758 HUF
Estimated Weekly Salary: 280,098 HUF per week
Estimated Hourly Salary: 7,002 HUF per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 14,126,189 HUFEstimated Monthly Salary: 1,177,182 HUF
Estimated Weekly Salary: 271,657 HUF per week
Estimated Hourly Salary: 6,791 HUF per hour
Last revision of data: 2024-01-08Credit Risk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 38,053 USD
Estimated Monthly Salary: 3,171 USD
Estimated Weekly Salary: 732 USD per week
Estimated Hourly Salary: 18 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
Compare salary to other countries
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Salary comparison to National average
Hungary, a landlocked country located in Central Europe, is known for its rich history, vibrant culture, and stunning architecture. With a population of approximately 9.8 million people, Hungary covers an area of around 93,030 square kilometers. The country's capital and largest city is Budapest, which is divided by the Danube River.
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Credit Risk Manager job salary compared to average salary in Hungary.
Comparison shows that a person working as Credit Risk Manager in Hungary earns on average:
2.18 times the average salary (or 218% of average salary).
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Credit Risk Manager job salary compared to average salary in Hungary.
Comparison shows that a person working as Credit Risk Manager in Hungary earns on average:
2.18 times the average salary (or 218% 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 16,021,601 HUF and 21,119,383 HUF. However this is an estimation based on Gaussian Distribution.How much can you save working as Credit Risk Manager in Hungary?
Living in Hungary the approximate monthly expenses are: 760 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: 14,565,092 HUF
Estimated Monthly Salary: 1,213,758 HUF
Estimated Weekly Salary: 280,098 HUF per week
Estimated Hourly Salary: 7,002 HUF per hour
By working as Credit Risk Manager a person can save up to 2,411 USD per month or 28,928 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 Hungary, see costs of living in Hungary.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Austria, Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia.. 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
Austria is 112,558 USD
Slovakia is 44,420 USD
Ukraine is 8,593 USD
Romania is 31,486 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 Hungary
(75,982,184 HUF per year, pre-tax.)
2. Cardiologist
(63,094,968 HUF per year, pre-tax.)
(61,159,464 HUF per year, pre-tax.)
4. Neurosurgeon
(59,259,876 HUF per year, pre-tax.)
(58,979,325 HUF per year, pre-tax.)
(57,963,983 HUF per year, pre-tax.)
(57,939,678 HUF per year, pre-tax.)
(57,895,696 HUF per year, pre-tax.)
9. Oncologist
(57,879,147 HUF per year, pre-tax.)
10. Urologist
(57,676,463 HUF per year, pre-tax.)
Data as of 2025Random salary:
Chemical plant foreman (4,873,325 HUF per year, pre-tax.)
Account analyst (6,008,339 HUF per year, pre-tax.)
Computer and information research scientist (17,697,664 HUF per year, pre-tax.)
Product design engineer industrial (10,529,271 HUF per year, pre-tax.)
Senior integrated circuits (ic), design engineer (16,594,557 HUF per year, pre-tax.)
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