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Credit Manager Jobs in Connecticut (NOW HIRING)

Savings Bank of Danbury

Credit Manager

Danbury, CT · On-site

$150 - $200/hr

Credit Manager Full Time West Street, Danbury, CT, US 30+ days ago Requisition ID: 1023 The Credit Manager is responsible for managing the Bank's commercial credit risk, credit approvals, commercial ...

First County Bank

Credit Analyst II

Stamford, CT · On-site

$67K - $105K/yr

This individual will collaborate with Business Banking Loan Officers, Portfolio Managers and Credit Administration team members on all aspects of credit risk administration, providing credit analyses ...

First County Bank

Credit Analyst II

Stamford, CT · On-site

This individual will collaborate with Business Banking Loan Officers, Portfolio Managers and Credit Administration team members on all aspects of credit risk administration, providing credit analyses ...

Rent-A-Center

Assistant Manager - Credit

Danbury, CT · On-site

$20.40 - $24/hr

A day in the life of a Credit Assistant Manager: - Credit and Collections: Positively impact growth and revenue through communicating with customers and collecting on accounts on a daily basis ...

Ascend Bank

Senior Credit Analyst

Wallingford, CT · On-site

Participate in Management Loan Committee meetings as needed. * Support the Commercial Credit Manager and/or Team Lead with the training and development of new team members, as well as trainees. * In ...

Ascend Bank

Senior Credit Analyst

Wallingford, CT · On-site

Participate in Management Loan Committee meetings as needed. * Support the Commercial Credit Manager and/or Team Lead with the training and development of new team members, as well as trainees. * In ...

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All JobsCredit JobsCredit Manager JobsCredit Manager Jobs in Connecticut

Credit Manager information

See Connecticut salary details

$24.3K

$64.4K

$122.7K

How much do credit manager jobs pay per year?

As of Sep 7, 2026, the average yearly pay for credit manager in Connecticut is $64,362.00, according to ZipRecruiter salary data. Most workers in this role earn between $34,200.00 and $88,000.00 per year, depending on experience, location, and employer.

What does a credit manager do?

A credit manager works in the banking industry or for a lending organization. Their job responsibilities include underwriting or evaluating requests for credit using credit scores, projected profits and losses, and risk factors. People in credit management are responsible for accepting or rejecting loan applications based on these criteria and have the authority to oversee the company’s lending process. The job duties of a credit manager also include creating models to assess creditworthiness, as their ultimate goal is to reduce loss and increase profits from lending. Alternatively, a credit manager can work for a seller, typically a business-to-business or B2B organization, granting trade credit to buyers. Credit managers are responsible for creating models or criteria to assess the creditworthiness of buyers, creating discount or incentive programs for early payment, and managing the credit department of the company. They may also be responsible for credit accounting and collections. Career qualifications include a bachelor’s degree in accounting, business, or a related field.

What does a credit manager do?

A Credit Manager is responsible for overseeing a company's credit policies, assessing the creditworthiness of potential customers, and managing the process of granting credit and collecting payments. They analyze financial data, set credit limits, and help minimize financial risk to the organization. Credit Managers also work closely with sales and accounting teams to ensure that credit terms are followed and that outstanding debts are collected efficiently.

What are some typical challenges credit managers face when assessing credit risk, and how can these be addressed?

Credit Managers often face the challenge of gathering sufficient and reliable financial data to accurately assess the creditworthiness of clients, especially with new or small businesses. Balancing the need for thorough risk analysis with maintaining positive customer relationships is also crucial. To address these challenges, Credit Managers use robust credit scoring systems, maintain clear communication with clients, and stay updated on industry trends to refine their risk assessment strategies. Collaboration with sales and finance teams is essential to align credit policies with organizational goals while minimizing exposure to bad debt.

What is the difference between Credit Manager vs Credit Analyst?

AspectCredit ManagerCredit Analyst
CredentialsBachelor's degree; often certifications like CAM, CCRABachelor's degree; often certifications like CAM, CCRA
Work EnvironmentOversees credit policies, manages teams, interacts with senior managementAnalyzes credit data, assesses risk, prepares reports
Employer & IndustryFinancial institutions, corporations, credit agenciesFinancial institutions, credit bureaus, lending companies

The Credit Manager focuses on overseeing credit policies, managing credit teams, and making high-level credit decisions. In contrast, the Credit Analyst primarily analyzes credit data, assesses risk, and prepares reports to support credit decisions. Both roles require similar credentials and often work within the same industries, but their responsibilities differ in scope and focus.

Is credit management a good career?

Credit management is a stable career that involves assessing creditworthiness, managing credit risk, and ensuring timely collections. It often requires strong analytical skills, knowledge of financial regulations, and proficiency with credit management software. The role can offer advancement opportunities and a steady income in various industries such as banking, finance, and retail.

What is the work of a credit manager?

A credit manager oversees a company's credit policies, evaluates the creditworthiness of clients, and approves or denies credit applications. They analyze financial data, manage credit risk, and ensure timely collection of payments, often using credit management software. Strong analytical skills and knowledge of financial regulations are essential for this role.
More about Credit Manager jobs

What are the most commonly searched types of Credit jobs in Connecticut?

The most popular types of Credit jobs in Connecticut are:

What are popular job titles related to Credit Manager jobs in Connecticut?

For Credit Manager jobs in Connecticut, the most frequently searched job titles are:

What job categories do people searching Credit Manager jobs in Connecticut look for?

The top searched job categories for Credit Manager jobs in Connecticut are:

What cities in Connecticut are hiring for Credit Manager jobs?

Cities in Connecticut with the most Credit Manager job openings:

Credit Manager jobs near you
Infographic showing various Credit Manager job openings in Connecticut as of August 2026, with employment types broken down into 95% Full Time, 3% Part Time, and 2% Temporary. Highlights an 94% In-person, 3% Hybrid, and 3% Remote job distribution, with an average salary of $64,362 per year, or $30.9 per hour.

Credit Manager

Savings Bank of Danbury

Danbury, CT • On-site

$150 - $200/hr

Other

Posted 5 days ago

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Credit Manager

Full Time West Street, Danbury, CT, US

30+ days ago Requisition ID: 1023

The Credit Manager is responsible for managing the Bank’s commercial credit risk, credit approvals, commercial loan closings and ensuring compliance with laws and regulations.

Key Responsibilities :

  • Manage the overall commercial credit risk, credit approvals and commercial loan closings of the Bank, ensuring that lending decisions align with the Bank’s risk tolerance and strategic objectives.
  • Manage the credit analysis and loan closings functions, assign tasks to the team, review their reports, provide guidance and training oversight.
  • Ensure that proposed loans and underwriting adhere to existing policy guidelines, and documentation is sufficient to ensure security of collateral.
  • Review and recommend credit limits, structure loan terms, and monitor borrowing base compliance, and compliance with loan covenants and policy guidelines.
  • Ensure quality control and accuracy in credit evaluations and loan documentation, and ensure ongoing compliance with the flood insurance regulations, and compliance with other laws and regulations.
  • Prepare credit approval memorandums, and recommended actions. Performs in-depth credit analysis for new and existing relationships. Primarily, responsible for due diligence and underwriting of the more complex commercial credits.
  • Determine appropriate loan documentation requirements, and communicate with borrowers, legal counsel, and bank employees to obtain and review due diligence items required to close commercial loans.
  • Collaborate on developing, maintaining and enforcing credit policies, underwriting standards, and ensuring that all credit related activities comply with regulatory requirements and internal guidelines.
  • Collaborate on maintaining compliance requirements.
  • Collaborate on managing the appraisal function.
  • Serve on special projects teams or task forces as required.

Educational and Experience Requirements Include:

  • Bachelor's degree in business or finance or an equivalent
  • 10+ years relevant experience in credit evaluation and administrative process, and leadership capabilities preferred
  • Strong ability to interpret financial statements, assess risk, and make informed credit decisions .
  • Strong financial acumen and analytical skills
  • Strong knowledge of regulatory requirements and risk management practices
  • Strong interpersonal skills including verbal and written communication and listening skills
  • Strong computer and banking software to include advanced experience with Word and Excel

Physical Demands and Work Environment

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Any physical demands or work conditions described are representative of those that must be met by an individual to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.

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