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Credit Manager Jobs in Boston, MA (NOW HIRING)

This job is responsible for managing employees who drive the client credit relationship, including the full credit process and leading parts of the credit deal lifecycle such as application ...

Credit Manager II Boston, Massachusetts To proceed with your application, you must be at least 18 years of age. Acknowledge ( Bank of America employees are required to meet all posting eligibility ...

This job is responsible for managing employees who drive the client credit relationship, including the full credit process and leading parts of the credit deal lifecycle such as application ...

Manager - Regional Credit

Norwell, MA · On-site

$108K - $136K/yr

Regional Credit Manager Sager Electronics is seeking a Regional Credit Manager to lead credit and collections activities for an assigned customer portfolio while managing and developing a regional ...

Manager - Regional Credit

Norwell, MA · On-site

$108K - $136K/yr

Sager Electronics is seeking a Regional Credit Manager, to lead credit and collections activities for an assigned customer portfolio while managing and developing a regional credit team. This role is ...

Senior Credit Analyst

Dedham, MA · On-site

$83K - $111K/yr

Discusses findings with the Commercial Credit Manager and lending staff to communicate recommendations regarding loan structure and enhance credit quality on both an individual and portfolio basis.

The Commercial Credit Manager will be focused on supporting the development of our offerings and the delivery of consulting projects. Responsibilities may include: * Support Commercial Credit ...

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Credit Manager information

See Boston, MA salary details

$27.7K

$73.5K

$140.1K

How much do credit manager jobs pay per year?

As of Aug 23, 2026, the average yearly pay for credit manager in Boston, MA is $73,504.00, according to ZipRecruiter salary data. Most workers in this role earn between $39,100.00 and $100,500.00 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.

What are the most commonly searched types of Credit jobs in Boston, MA?

The most popular types of Credit jobs in Boston, MA are:

What are popular job titles related to Credit Manager jobs in Boston, MA?

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

What job categories do people searching Credit Manager jobs in Boston, MA look for?

The top searched job categories for Credit Manager jobs in Boston, MA are:

What cities near Boston, MA are hiring for Credit Manager jobs?

Cities near Boston, MA with the most Credit Manager job openings:

Infographic showing various Credit Manager job openings in Boston, MA as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, and 3% Contract. Highlights an 83% Physical, 2% Hybrid, and 15% Remote job distribution, with an average salary of $73,504 per year, or $35.3 per hour.

Credit Manager II

Bank of America

Boston, MA • On-site

Full-time

PTO

Posted 7 days ago


Bank Of America rating

8.2

Company rating: 8.2 out of 10

Based on 530 frontline employees who took The Breakroom Quiz

50th of 171 rated banks


Job description

Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This job is responsible for managing employees who drive the client credit relationship, including the full credit process and leading parts of the credit deal lifecycle such as application, structuring, approval, due diligence, documentation, closing, and monitoring. Key responsibilities include partnering with business teams, providing credit expertise, and ensuring policy compliance, data accuracy, and timely execution. Job expectations include managing Senior Credit Specialists and Analysts.
Responsibilities:
  • Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals
  • Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement
  • Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions
  • Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues
  • Provides inspection, coaching and feedback to motivate, differentiate and improve performance, while assessing talent and building bench strength for roles across the organization
  • Actively manages expenses and budgets in alignment with objectives, making sound financial decisions
  • Delivers results by effectively prioritizing, inspecting and appropriately delegating team work

Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.
  • Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
  • Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
  • Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
  • Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
  • People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
  • Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
  • Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
  • Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.

Skills:
  • Credit and Risk Assessment
  • Decision Making
  • Prioritization
  • Recording/Organizing Information
  • Underwriting
  • Business Acumen
  • Collaboration
  • Customer and Client Focus
  • Drives Engagement
  • Financial Analysis
  • Coaching
  • Hiring and Onboarding
  • Organizational Effectiveness
  • Performance Management

Required Skills:
General Qualifications:
  • 12+ years of Commercial Banking Credit Experience (including Middle Market, Leveraged Finance, Large Corporate Banking)
  • 2+ years' experience managing a credit team
  • Strong communication and negotiation skills
  • Ability to handle change and drive results
  • Executive Presence required

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - MA - Boston - 100 Federal St - 100 Federal St Lp (MA5100)
Pay and benefits information
Pay range
$175,000.00 - $225,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

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About Bank Of America

Sourced by ZipRecruiter

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

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