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Commercial Risk Manager Jobs in Union, NJ (NOW HIRING)

Deutsche Bank

Market Risk Manager - Vice President

New York, NY · On-site

$125K - $222K/yr

  • Medical

  • Retirement

  • PTO

... Commercial Real Estate and Structured Credit within Deutsche Bank. Market Risk Management (MRM) carries out this responsibility independently providing a comprehensive view of market risks to Senior ...

Squarepoint Capital

Junior Risk Manager

New York, NY · On-site

$125K/yr

  • Medical

  • Dental

  • Retirement

From graduate level up to 3 years of commercial experience * Demonstrated interest in Risk Management * Demonstrated interest in a quantitative approach * Capacity to collaborate with the trading ...

Cross River

VP, Commercial Credit Risk

Fort Lee, NJ · On-site

What We're Looking For The Vice President, Commercial Credit Risk serves as a critical second line of defense within the Credit Risk Management division of a FDIC-regulated community bank ...

Cross River

VP, Commercial Credit Risk

Fort Lee, NJ · Hybrid

What We're Looking For The Vice President, Commercial Credit Risk serves as a critical second line of defense within the Credit Risk Management division of a FDIC-regulated community bank ...

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Showing results 21-40

All JobsCommercial Risk JobsCommercial Risk Manager JobsCommercial Risk Manager Jobs in Union, NJ

Commercial Risk Manager information

See Union, NJ salary details

$52.5K

$113.7K

$173.2K

How much do commercial risk manager jobs pay per year?

As of Aug 18, 2026, the average yearly pay for commercial risk manager in Union, NJ is $113,679.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,700.00 and $131,500.00 per year, depending on experience, location, and employer.

What does a commercial risk manager do?

A Commercial Risk Manager is responsible for identifying, assessing, and mitigating risks that could impact a company's business operations and profitability. They analyze internal and external factors, develop risk management strategies, and implement policies to minimize potential financial losses or legal liabilities. These professionals often collaborate with various departments to ensure compliance and maintain the organization's risk profile within acceptable limits.

What are the key skills and qualifications needed to thrive as a commercial risk manager?

To thrive as a Commercial Risk Manager, you need expertise in risk assessment, financial analysis, and a solid understanding of regulatory compliance, typically supported by a bachelor’s degree in finance, business, or related fields. Familiarity with risk management software, data analytics tools, and relevant certifications such as CRM (Certified Risk Manager) or FRM (Financial Risk Manager) is often required. Strong communication, problem-solving, and decision-making abilities help build trust with stakeholders and manage complex risk scenarios. These skills ensure the organization can proactively identify, evaluate, and mitigate potential risks, safeguarding company assets and supporting business growth.

How does a commercial risk manager typically collaborate with other departments within an organization?

A Commercial Risk Manager works closely with various departments such as sales, finance, legal, and operations to identify, assess, and mitigate risks that could impact business objectives. This role often involves facilitating risk assessments, providing guidance on contract terms, and ensuring compliance with internal policies and external regulations. Effective communication and relationship-building are key, as the Commercial Risk Manager must translate complex risk concepts into actionable recommendations for different teams. Regular cross-functional meetings and risk reporting are common practices to keep all stakeholders informed and aligned.

What is the difference between Commercial Risk Manager vs Insurance Underwriter?

AspectCommercial Risk ManagerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in business, finance, or risk management; professional certifications like CRM or RIMS are commonRequires a bachelor's degree in finance, economics, or related fields; certifications like CPCU or ARM are advantageous
Work EnvironmentWorks within companies to assess and mitigate risks related to commercial operationsWorks for insurance companies to evaluate and price insurance policies
Industry UsageUsed across industries to manage business risks and ensure financial stabilityPrimarily in insurance companies to determine policy terms and premiums

The Commercial Risk Manager and Insurance Underwriter roles share a focus on risk assessment and require similar credentials. However, the Risk Manager works internally to manage company risks, while the Underwriter evaluates risks to set insurance policies. Both roles are vital in their respective sectors and often collaborate to ensure comprehensive risk coverage.

Do commercial risk managers make good money?

Commercial risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, median annual salaries range from $80,000 to over $130,000, with higher earnings possible for those with advanced certifications or extensive experience. The role often requires strong analytical skills and knowledge of risk assessment tools.

What job categories do people searching Commercial Risk Manager jobs in Union, NJ look for?

The top searched job categories for Commercial Risk Manager jobs in Union, NJ are:

What cities near Union, NJ are hiring for Commercial Risk Manager jobs?

Cities near Union, NJ with the most Commercial Risk Manager job openings:

Commercial Risk Manager jobs near you
Infographic showing various Commercial Risk Manager job openings in Union, NJ as of August 2026, with employment types broken down into 87% Full Time, 11% Part Time, and 2% Contract. Highlights an 82% Physical, 3% Hybrid, and 15% Remote job distribution, with an average salary of $113,679 per year, or $54.7 per hour.

Collateral Risk Manager

Amalgamated Bank of NY

Manhattan, NY • On-site

$130K - $150K/yr

Full-time

Re-posted 23 days ago

Job description

Purpose of Position


The Collateral Risk Manager supports the Credit Risk Management department by managing procurement, coordination, and administration of third-party collateral reports including appraisals, environmental reports, and Property Condition Reports (PCRs/PCAs) for commercial real estate lending and portfolio management. The role emphasizes workflow management, vendor communication, appraisal review, invoice processing, and regulatory compliance.

Essential Job Functions:

Third-Party Report Procurement & Coordination

  • Manage the ordering of third-party due diligence reports including, appraisals, environmental reports, and PCR/engineering assessments.
  • Prepare engagement letters following internal and regulatory requirements.
  • Coordinate timelines, scope details, and deliverables with vendors.
  • Track report progress and provide updates to internal stakeholders.

Oversight of Appraisal & Review Processes

  • Direct the appraisal lifecycle: scoping, vendor assignment, review, and acceptance.
  • Maintain valuation independence structures and enforce regulatory firewalls.
  • Evaluate 3rd party reviews for credibility, regulatory compliance, and methodological soundness.
  • Lead coordination of resolution matters with 3rd party providers including appraisers & reviewers.

Vendor Management & Compliance Support

  • Maintain vendor documentation including licenses, E&O insurance, and compliance materials.
  • Assist with onboarding new valuation, environmental, and engineering vendors.
  • Track vendor performance issues and escalate as appropriate.

Invoice Management & Administrative Support

  • Receive, validate, and process third-party vendor invoices.
  • Resolve billing discrepancies and coordinate with Accounts Payable.
  • Maintain job dissemination and invoice records for audit support.

Workflow, Reporting & Documentation

  • Keep accurate pipeline trackers and workflow logs.
  • Update internal systems with delivery dates, vendor notes, and completed reports.
  • Support the Senior Credit Officer / Chief Appraiser in Policy enhancements, preparing audit exhibits, and Board materials.

Cross-Functional Collaboration

  • Provide professional communication and support to internal and external partners.
  • Responsiveness within the CRM group and the lending team is a must.

Knowledge, Skills and Experience Requirements:


Required Qualifications

  • Minimum 7 years of experience appraising and/or reviewing.
  • Minimum 4 years of experience working in regulated financial institution.
  • Must have clear understanding of USPAP
  • Strong administrative and organizational skills.
  • Proficiency in Excel, Word, and workflow systems.
  • Experience coordinating 3rd party vendors
  • High attention to detail and accuracy.
  • Certified General appraisal license.

Preferred Qualifications

  • Proficiency with Collateral 360.
  • Familiarity with environmental due diligence and PCR reporting.
  • Expertise in NYC Multifamily tax benefits.


Our job titles may span more than one career level. The starting base salary for this role is between $130,000 – $150,000. The actual base pay is dependent upon many factors, such as: training, transferrable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future.

Amalgamated Bank is an Equal Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans. AmeriCorps, Peace Corps and other national service alumni are encouraged to apply. View our Pay Transparency Statement. Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank, we consider an applicant to be someone who has interviewed at least once, in person, with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.

Hybrid Work Model
Effective February 18, 2025, employees in office-based positions will be working a Hybrid work schedule consisting of three days or more, on-site per week, Monday - Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence. This Hybrid work model does not apply to, and daily in-person attendance is required for, the contact center, branch service roles, and general services where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance does not apply to roles that have been designated as “remote”.

Search Firm Representatives- Please Read Carefully
Amalgamated Bank does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for the position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.