Home > Salary > Philippines > 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: 475,632 PHP
Estimated Monthly Salary: 39,636 PHP
Estimated Weekly Salary: 9,147 PHP per week
Estimated Hourly Salary: 229 PHP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 38,320 PHP
Estimated Weekly Salary: 8,843 PHP per week
Estimated Hourly Salary: 221 PHP per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 7,917 USD
Estimated Monthly Salary: 660 USD
Estimated Weekly Salary: 152 USD per week
Estimated Hourly Salary: 4 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: 475,632 PHP
Estimated Monthly Salary: 39,636 PHP
Estimated Weekly Salary: 9,147 PHP per week
Estimated Hourly Salary: 229 PHP per hour
By working as Credit Risk Manager a person can save up to 502 USD per month or 6,021 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 Philippines, see costs of living in Philippines.
Estimated Yearly Salary for Credit Risk Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Product engineering director (493,440 PHP per year, pre-tax.)
Collection agent (111,656 PHP per year, pre-tax.)
Client services director (418,500 PHP per year, pre-tax.)
Client solution director (404,435 PHP per year, pre-tax.)
Residential treatment specialist (126,088 PHP per year, pre-tax.)
Credit Risk Manager salary in Philippines
Average Yearly Salary of Credit Risk Manager in Philippines is approximately 475,632 PHP (7,917 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: 475,632 PHP
Estimated Monthly Salary: 39,636 PHP
Estimated Weekly Salary: 9,147 PHP per week
Estimated Hourly Salary: 229 PHP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 459,840 PHPEstimated Monthly Salary: 38,320 PHP
Estimated Weekly Salary: 8,843 PHP per week
Estimated Hourly Salary: 221 PHP per hour
Last revision of data: 2024-01-02Credit Risk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,917 USD
Estimated Monthly Salary: 660 USD
Estimated Weekly Salary: 152 USD per week
Estimated Hourly Salary: 4 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
The Philippines is an archipelagic country located in Southeast Asia. It is composed of more than 7,000 islands and has a total land area of approximately 300,000 square kilometers. The population of the Philippines is around 110 million people, making it the 13th most populous country in the world. The capital city is Manila, which is one of the most densely populated cities globally.
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Credit Risk Manager job salary compared to average salary in Philippines.
Comparison shows that a person working as Credit Risk Manager in Philippines earns on average:
2.17 times the average salary (or 217% of average salary).
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Credit Risk Manager job salary compared to average salary in Philippines.
Comparison shows that a person working as Credit Risk Manager in Philippines earns on average:
2.17 times the average salary (or 217% 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 523,195 PHP and 689,666 PHP. However this is an estimation based on Gaussian Distribution.How much can you save working as Credit Risk Manager in Philippines?
Living in Philippines the approximate monthly expenses are: 158 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: 475,632 PHP
Estimated Monthly Salary: 39,636 PHP
Estimated Weekly Salary: 9,147 PHP per week
Estimated Hourly Salary: 229 PHP per hour
By working as Credit Risk Manager a person can save up to 502 USD per month or 6,021 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 Philippines, see costs of living in Philippines.
Salary comparison to region and neighbouring coutries
Country's neighbours are: China, Taiwan, Vietnam, Malaysia, Indonesia, Brunei.. 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
China is 25,725 USD
Vietnam is 8,041 USD
Malaysia is 35,797 USD
Indonesia is 21,275 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 Philippines
(2,481,728 PHP per year, pre-tax.)
2. Cardiologist
(2,051,118 PHP per year, pre-tax.)
(1,992,718 PHP per year, pre-tax.)
4. Neurosurgeon
(1,926,350 PHP per year, pre-tax.)
(1,926,277 PHP per year, pre-tax.)
6. Urologist
(1,880,648 PHP per year, pre-tax.)
(1,878,914 PHP per year, pre-tax.)
(1,877,420 PHP per year, pre-tax.)
9. Oncologist
(1,875,578 PHP per year, pre-tax.)
(1,874,981 PHP per year, pre-tax.)
Data as of 2025Random salary:
Product engineering director (493,440 PHP per year, pre-tax.)
Collection agent (111,656 PHP per year, pre-tax.)
Client services director (418,500 PHP per year, pre-tax.)
Client solution director (404,435 PHP per year, pre-tax.)
Residential treatment specialist (126,088 PHP per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=philippines&job=credit-risk-manager'><img src='https://optisalary.com/wp-content/graphs/salary/credit-risk-manager-salary-in-philippines-2025.jpg' alt='credit risk manager salary in philippines 2025' title='credit risk manager salary in philippines 2025' /></a>
Please note:Salary information displayed on this site is informational exclusively.
optisalary.com presents salary insights for informational purposes only. While we gather data from multiple sources, we do not guarantee absolute accuracy. Users are encouraged to review external organizations before making any career moves. Salaries fluctuate due to various factors, such as market demand, employer policies, and geographic location. We make no warranty regarding the validity of the displayed salary data. Your use of this site confirms your understanding of these conditions.
The salary data on this site is intended for informational purposes only. We provide salary insights based on multiple sources, but cannot guarantee absolute precision. Users should always cross-check salary details with other reliable sources before making financial choices. Variations in salary amounts may occur due to several circumstances, including company policies, market demand, and individual skills. We do not offer any warranty regarding the completeness of the provided salary information. Use of optisalary.com implies acceptance of these terms.