ZipRecruiter

Log In

1

Chief Credit Risk Officer Jobs in Boston, MA (NOW HIRING)

Morgan Stanley

Risk Officer

Norwell, MA · On-site

$120K - $170K/yr

The Risk Officer is responsible for a wide variety of supervisory, compliance, and risk functions ... Active involvement with the region regarding matters presented to the Credit Committee * Primary ...

Jewish Family Service of Colorado

Risk Officer

Norwell, MA · On-site

$120K - $170K/yr

The Risk Officer is responsible for a wide variety of supervisory, compliance, and risk functions ... Active involvement with the region regarding matters presented to the Credit Committee * Primary ...

BlueHub Capital

Director of Credit

Roxbury, MA · On-site

Track risk rating changes throughout the loan lifecycle and flag material credit events for Chief Credit Officer review. * Coordinate with the Finance team at loan approval to ensure appropriate risk ...

BlueHub Capital

Director of Credit

Boston, MA · On-site

$165K - $205K/yr

Track risk rating changes throughout the loan lifecycle and flag material credit events for Chief Credit Officer review. * Coordinate with the Finance team at loan approval to ensure appropriate risk ...

BlueHub Capital

Director of Credit

Boston, MA · Hybrid

Track risk rating changes throughout the loan lifecycle and flag material credit events for Chief Credit Officer review. * Coordinate with the Finance team at loan approval to ensure appropriate risk ...

next page

Showing results 1-20

All JobsChief Credit Risk Officer JobsChief Credit Risk Officer Jobs in Boston, MA

Chief Credit Risk Officer information

See Boston, MA salary details

$131.5K

$198.9K

$298.2K

How much do chief credit risk officer jobs pay per year?

As of Aug 15, 2026, the average yearly pay for chief credit risk officer in Boston, MA is $198,891.00, according to ZipRecruiter salary data. Most workers in this role earn between $163,000.00 and $228,100.00 per year, depending on experience, location, and employer.

How does a chief credit risk officer typically collaborate with other departments to manage and mitigate risk?

A Chief Credit Risk Officer (CCRO) works closely with teams across the organization, including lending, compliance, finance, and operations, to develop and enforce risk management strategies. They regularly consult with business unit leaders to assess emerging risks and ensure that credit policies align with the company's overall objectives. The CCRO often leads cross-functional committees, conducts risk reviews, and advises on large credit decisions to maintain a balanced risk portfolio. This collaborative approach helps promote a strong risk culture and ensures that risk considerations are integrated into business planning and decision-making processes.

What does a chief credit risk officer do?

A Chief Credit Risk Officer (CCRO) is responsible for overseeing and managing an organization’s credit risk exposure. They develop strategies, policies, and procedures to identify, measure, and mitigate risks related to lending and credit operations. The CCRO works closely with other executives to ensure that credit risks are aligned with the company’s overall risk appetite and regulatory requirements. Additionally, they monitor credit portfolios, assess loan quality, and implement risk management frameworks to protect the organization from potential losses.

What are the key skills and qualifications needed to thrive as a chief credit risk officer, and why are they important?

To thrive as a Chief Credit Risk Officer, you need deep expertise in credit risk assessment, portfolio management, and regulatory compliance, typically supported by a finance-related degree and significant experience in risk management. Familiarity with credit risk modeling tools, risk assessment systems, and relevant certifications such as FRM or CFA is highly valuable. Exceptional analytical thinking, strategic leadership, and strong communication skills distinguish top performers in this role. These competencies are crucial for protecting an organization's financial health, ensuring regulatory compliance, and guiding risk policy at the executive level.

What is the difference between Chief Credit Risk Officer vs Credit Analyst?

AspectChief Credit Risk OfficerCredit Analyst
CredentialsTypically requires advanced degrees (MBA, Finance) and extensive experience in credit risk managementUsually holds a bachelor's degree in finance, economics, or related fields; certifications like CFA are common
Work EnvironmentStrategic, leadership-focused role overseeing credit risk policies at the organizational levelAnalytical role focused on assessing individual credit applications and risk profiles
Employer & Industry UsageUsed in banking, financial services, and large lending institutionsCommon across banks, credit agencies, and lending firms

The Chief Credit Risk Officer and Credit Analyst roles differ mainly in scope and seniority. The Chief Credit Risk Officer oversees the entire credit risk management strategy, requiring extensive experience and leadership skills. In contrast, the Credit Analyst focuses on evaluating specific credit applications, with a more analytical and operational focus. Both roles are essential in credit risk management but serve different levels within an organization.

What are popular job titles related to Chief Credit Risk Officer jobs in Boston, MA?

For Chief Credit Risk Officer jobs in Boston, MA, the most frequently searched job titles are:

What job categories do people searching Chief Credit Risk Officer jobs in Boston, MA look for?

The top searched job categories for Chief Credit Risk Officer jobs in Boston, MA are:

What cities near Boston, MA are hiring for Chief Credit Risk Officer jobs?

Cities near Boston, MA with the most Chief Credit Risk Officer job openings:

Chief Credit Risk Officer jobs near you
Infographic showing various Chief Credit Risk Officer job openings in Boston, MA as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $198,891 per year, or $95.6 per hour.

Credit Risk Oversight Officer

Rockland Trust

Norwood, MA • On-site

Full-time

Medical, Dental, Life, Retirement, PTO

Re-posted 12 days ago

Job description


Rockland Trust is a full-service commercial bank and financial services company committed to helping our neighbors reach their financial goals. Founded in 1907 and headquartered in Massachusetts, we proudly serve individuals, families, and businesses throughout New England with a strong emphasis on personal relationships, local decision-making, and community impact.
With a broad range of banking, wealth management, and investment solutions, Rockland Trust combines the resources of a growing financial institution with the personalized service of a community bank. Our long-standing philosophy-Where Each Relationship Matters®-guides how we work with our customers, colleagues, and communities every day.
At Rockland Trust, our employees are at the heart of our success. We foster a collaborative, inclusive, and values-driven culture that encourages professional growth, innovation, and work-life balance. We are deeply committed to community involvement, financial education, and creating a workplace where individuals can build meaningful, long-term careers.
The Credit Risk Oversight Officer is an independent Second Line of Defense role within the Enterprise Risk Management (ERM) department. Reporting to the Enterprise Risk Strategist and Reporting Manager, the Credit Risk Oversight Officer is responsible for providing robust oversight of the Bank's credit risk management practices. This position works closely with the First Line Credit Risk Team to ensure credit risk management is aligned with the Bank's risk appetite, leading practices, and regulatory expectations. The role collaborates with Financial Risk Oversight (liquidity and market risk) and maintains a clear distinction from the Independent Loan Review function, as it will focus on broader credit risk governance. The Credit Risk Oversight Officer plays a critical part in the ongoing development and maturity of credit risk oversight, supporting the bank's strategic objectives and safeguarding its financial stability.
Duties and Responsibilities
Credit Risk Governance
  • Develop and implement a comprehensive Second Line of Defense Credit Risk oversight program, aligned with regulatory expectations and industry leading practice, tailored to the Bank's size, complexity, and scope.
  • Advise and integrate the Enterprise Risk Management Framework into credit risk activities, ensuring consistency and coordination with internal Policies.
  • Monitor adherence to credit risk appetite and limits and alignment with enterprise-wide strategy.
  • Partner with senior management in reviewing Credit Risk Management comprehensively including but not limited to credit approval, credit policy, portfolio monitoring and analytics, special assets management, conducting risk assessments, and advising on risk framework and oversight.

Portfolio-Level Credit Risk Oversight
  • Ensure appropriate identification, measurement, monitoring, and reporting of credit risk exposures across all lending portfolios, ensuring alignment with the Bank's ERM Policy, Risk Appetite, credit-related governance documents, and the risk taxonomy.
  • Monitor and assess credit risk metrics, key risk indicators, and key performance indicators for inclusion in ERM and First Line business unit reporting.
  • Identify emerging trends and risks at the portfolio level. Stay current on industry trends affecting credit risk management and escalate emerging risks as appropriate.

Review and Challenge
  • Support execution of bottom-up risk assessments to analyze, measure, and aggregate credit risks, including assessment of the Bank's risk management practices, techniques and controls. This includes active engagement in the Risk and Control Self-Assessment (RCSA) process and ongoing maintenance of the risk and control library for credit risk.
  • Independently evaluate the adequacy of credit risk governance practices, portfolio management, policies, underwriting standards/criteria, and reporting and analytics. This also involves assisting and evaluating items related to model risk management (e.g. selection of assumptions).
  • Review and challenge credit risk modeling practices in partnership with the Second Line Model Risk Management team, including loan loss estimation and stress testing methodologies.

Risk Reporting and Communication
  • Prepare and deliver risk reports to senior management and the Board, as appropriate.
  • Communicate findings and recommendations clearly, highlighting material risks and proposed mitigation strategies.
  • Support regulatory reporting requirements related to credit risk oversight, as needed.

Collaboration and Coordination
  • Partner with Financial Risk Oversight to ensure an integrated risk management approach across key financial risks - credit, liquidity, and market and interest rate risk domains.
  • Collaborate and coordinate with Independent Loan Review to avoid overlap and focus on portfolio-level oversight and governance.
  • Coordinate with other ERM Programs to ensure risks and changes are tracked, monitored, and communicated effectively. Collaborate with various ERM stakeholders to create efficiencies in identification, risk assessment and reporting activities.
  • Support remediation and root cause analysis of operational risk events with credit risk impact.

Regulatory Compliance and Best Practice
  • Monitor regulatory developments impacting credit risk management, ensuring timely adoption and consideration of industry leading practices.
  • Participate in internal audit and regulatory examinations related to credit risk, supporting remediation of findings as needed.

Required Skills
  • Develop strong relationships across risk management and cross-functionally with ability to establish constructive dialogue internally and externally.
  • Capability and experience with establishing strategic vision and driving change to achieve business targets.
  • Effective communication and presentation skills, including senior executive interactions - can present credibly to both large and small groups.
  • Articulate and highly effective communicator.
  • Excellent analytical, interpersonal and problem-solving skills.
  • Strong attention to detail and accuracy.
  • Proficient in credit analytics and proven ability to conduct quantitative analysis.
  • Strong leadership and team management skills, personal responsibility to lead by example.
  • Demonstrates strong ethics.

Experience and Qualifications
  • Bachelor's degree in finance, business, economics, or related field; advanced degree or relevant certifications (e.g., MBA, CRC, FRM) preferred.
  • Minimum 7-10 years of experience in credit risk management, risk oversight, or related banking roles.
  • Experience in a regulatory examiner or audit role overseeing credit risk, a plus.
  • Knowledge and experience implementing credit risk practices (including use of models).
  • Experience with data analytic tools, languages, and/or visualization platforms (Python/R, SAS, Tableau, Power BI).
  • Strong understanding of credit risk principles, regulatory requirements, and risk management frameworks - including RCSA, a plus.
  • Knowledge of governance, risk and compliance (GRC) systems.

Benefits & Culture
Our goal is to offer our colleagues the most generous benefits package possible. We provide a comprehensive suite of benefits designed to support your health, financial security, and overall, well-being. Benefits include: competitive compensation with performance-based incentive awards, health and dental insurance, a 401(k) and DC retirement plan, LTD and life insurance, paid vacation, day care reimbursement, tuition assistance for undergraduate and graduate programs, an award-winning wellness program, and much more!
At Rockland Trust, you'll find a respectful and inclusive environment where everyone has the opportunity to succeed. We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Pay Transparency
Compensation for this role will be based on a variety of factors, including skills, experience, education, and internal equity. The salary range posted reflects the company's good-faith estimate of the range for this position at the time of posting. Actual compensation may vary. In addition to base salary, certain positions may be eligible for additional compensation, including commissions, incentive awards or stipends.
Accessibility & Accommodations
We are committed to providing reasonable accommodations to enable individuals with disabilities to perform the essential functions of their roles.

Apply