OSCA 212931

Credit Risk Manager

Overview

  • Employed persons

    2,400

  • Employment status

    93.3% Full time

    6.5% Part time

  • Median age

    40 years

  • Employment by sex

    38.1% Female

    62.0% Male

    Moderately male dominated

  • Indigenous employment share

    0.4%

  • Main employing industry

    Financial and Insurance Services

Indicator Credit Risk Manager Total employment
Employed persons 2,400 12,049,400
Median age 40 years 40 years
Full-time share 93.3% 64.2%
Part-time share 6.5% 35.8%
Female employment share 38.1% 48.5%
Male employment share 62.0% 51.5%
Gender segregation intensity scale Moderately male dominated Gender balanced
Indigenous employment share 0.4% 2.2%
Main employing industry Financial and Insurance Services Health Care and Social Assistance
Note: N/A values indicate data are not available due to confidentiality or data reliability requirements.

Occupation overview

Credit Risk Managers identify, assess and manage risk associated with the credit activities of an organisation to minimise potential losses.

What the occupation involves

  • Assesses credit risk within an organisation and makes recommendations on the management of identified risks
  • Reviews and recommends updates to existing credit risk policies and procedures
  • Monitors client portfolios to identify, avoid and manage changes that create risk, and ensures compliance with existing credit and risk policies
  • Manages, tests and improves automated credit risk tools
  • Analyses and provides feedback to credit risk analysis teams on their work on credit applications

Common occupation titles

No alternative occupation titles are listed for this occupation.

Specialisations

No specialisations are listed for this occupation.

Skill level (education and experience level)

Skill level 1
equivalent to a university level qualification (Bachelor degree or higher).

Note: While skill levels are described using formal education levels, some people use a combination of informal learning, on-the-job training and personal experience to achieve an equivalent level.

Licensing or registration requirements

No licensing or registration requirements are listed for this occupation.

OSCA structure

Professionals (2)

Employment

On this page

    Industries

    Top 10 most common industries, 2021

    Credit Risk Manager Total employment
    Industry Share of occupation Industry Share of occupation
    Financial and Insurance Services 91.8% Health Care and Social Assistance 14.5%
    Accommodation and Food Services 2.1% Retail Trade 9.1%
    Professional, Scientific and Technical Services 0.8% Construction 8.9%
    Wholesale Trade 0.6% Education and Training 8.8%
    Public Administration and Safety 0.5% Professional, Scientific and Technical Services 7.8%
    Information Media and Telecommunications 0.4% Public Administration and Safety 6.6%
    Retail Trade 0.4% Accommodation and Food Services 6.5%
    Agriculture, Forestry and Fishing 0.3% Manufacturing 5.9%
    Rental, Hiring and Real Estate Services 0.3% Transport, Postal and Warehousing 4.5%
    Manufacturing 0.2% Financial and Insurance Services 3.7%
    Note: N/A values indicate data are not available due to confidentiality or data reliability requirements.

    States and territories

    Employment distribution by states and territories, 2021

    • New South Wales

      41.3%

    • Victoria

      27.8%

    • Queensland

      14.7%

    • South Australia

      5.7%

    • Tasmania

      0.9%

    • Northern Territory

      0.2%

    • Australian Capital Territory

      1.2%

    Credit Risk Manager Total employment
    State / Territory Employment Share of occupation Employment Share of occupation
    New South Wales 980 41.3% 3,684,200 30.6%
    Victoria 660 27.8% 3,162,900 26.2%
    Queensland 350 14.7% 2,444,100 20.3%
    South Australia 140 5.7% 839,400 7.0%
    Western Australia 200 8.3% 1,306,200 10.8%
    Tasmania 20 0.9% 254,700 2.1%
    Northern Territory 0 0.2% 107,000 0.9%
    Australian Capital Territory 30 1.2% 248,600 2.1%
    Note: N/A values indicate data are not available due to confidentiality or data reliability requirements.

    Age and sex

    Employment distibution by age group and sex, 2021

    Credit Risk Manager

    Total employment

    Age group Credit Risk Manager Total employment
    15–24 years 3.7% 14.3%
    25–34 years 25.5% 22.7%
    35–44 years 35.5% 22.3%
    45–54 years 23.7% 20.4%
    55–64 years 11.4% 15.3%
    65–74 years 0.6% 4.3%
    75 years and over 0.0% 0.6%
    Note: N/A values indicate data are not available due to confidentiality or data reliability requirements.
    Sex Credit Risk Manager Total employment
    Female 38.1% 48.5%
    Male 62.0% 51.5%
    Note: N/A values indicate data are not available due to confidentiality or data reliability requirements.

    On this page

      OSCA occupation profiles data

      This file contains data available from the OSCA Occupation Profile page.

      Use of this data must include the relevant attribution text provided.

      OSCA Occupation data - 2021 Census.xlsx

      xlsx 1236447

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      Occupation Standard Classification for Australia (OSCA)

      Occupation Standard Classification for Australia (OSCA) is the skill-based classification used to categorise occupations across the Australian labour market. OSCA is used to define occupations across all official occupational statistics. OSCA replaces the Australian and New Zealand Standard Classification of Occupations (ANZSCO).

      Each job is classified to one, and only one, group of jobs at each level of the classification with no overlaps. This prevents the accidental double-counting of roles within the Australian labour market. For more information about OSCA, visit the What is OSCA information page, or the ABS website.

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