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Chief Credit Risk Officer Jobs in Georgetown, MA

River Run Services LLC

Senior Credit Officer

Haverhill, MA · On-site

$83K - $121K/yr

Provide back up coverage for the Chief Credit Risk Officer and the Commercial Credit Review and Analysis manager when needed * Performs additional duties, as directed by management. Qualifications ...

Bankeagle

VP, Credit Officer

Peabody, MA · On-site

$80 - $100/hr

Manages the Credit department including staff, credit projects and identifying process improvements ... Ensures risk and mitigating factors are clearly discussed and policy exceptions are described ...

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

Chief Credit Risk Officer information

See Georgetown, MA salary details

$134.5K

$203.5K

$305.1K

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

As of Aug 19, 2026, the average yearly pay for chief credit risk officer in Georgetown, MA is $203,508.00, according to ZipRecruiter salary data. Most workers in this role earn between $166,700.00 and $233,400.00 per year, depending on experience, location, and employer.

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.

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

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

Chief Credit Risk Officer jobs near you

Senior Credit Officer

River Run Services LLC

Haverhill, MA • On-site

$83K - $121K/yr

Full-time

Re-posted 2 days ago

Job description

Description:

River Run is a shared services organization that supports banking affiliates, Newburyport Bank, Pentucket Bank and Rollstone Bank & Trust.


Job Summary

The Senior Credit Officer provides oversight and reporting in support of the company’s credit activities and serves as a Bank Credit Signer for an affiliated bank. This role also prepares and distributes asset quality reports to management and the Boards for all River Run banks. Report responsibilities include preparing monthly and quarterly asset quality reports for senior management and the board, producing credit information in support of the company’s CECL loss reserve calculations and coordinating internally for reports necessary to monitor and measure organizational risk.

Requirements:

Essential Job Functions

  • Attend lender and PM meetings and remain involved with commercial pipeline activity
  • Produce and distribute asset quality reports to senior management and the Board
  • Present risk management findings and conclusions to the Board Joint Risk Committee, or other groups as requested
  • Assist with managing the company’s commercial appraisal and environmental programs
  • Answer questions and provide guidance to lending staff as Bank Credit Signor for an affiliated bank relative to loan policy, loan structuring and other matters
  • Contribute to the ongoing design and enhancement of the company’s commercial loan origination system
  • Provide back up coverage for the Chief Credit Risk Officer and the Commercial Credit Review and Analysis manager when needed
  • Performs additional duties, as directed by management.

Qualifications, Experience, and Education

  • 5 years of commercial credit, lending or portfolio management experience
  • Demonstrated knowledge of real estate and C&I commercial credit underwriting requirements
  • Strength at transferring data into representative graphic and summary information
  • Organizational skills and experience
  • Professional presentation skills and strong interpersonal skills

River Run Services, LLC is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, ancestry, national origin, gender, sexual orientation, marital status, religion, age, disability, gender identity, results of genetic testing or service in the military.


If you are an individual with a disability and require a reasonable accommodation to complete the application process, you may contact Human Resources at hr@riverrun.com or call 978-462-3136.


The salary range represents an estimate based on market data for this position. Final compensation decisions are made based on experience, skills, and internal equity to ensure fairness and consistency across our organization.