ZipRecruiter

Log In

1

Credit Risk Analyst Jobs in Massachusetts (NOW HIRING)

Talently

Senior Credit Analyst

Franklin, MA · On-site

$90K - $100K/yr

Join a dynamic company in the Banking industry focused on disciplined commercial lending and proactive portfolio risk management. The Senior Credit Analyst role provides the opportunity to lead ...

Savvy Staffing Solutions, LLC

Be Seen First

Credit Analyst/Underwriting

Needham, MA · On-site

$28 - $31/hr

This position is responsible for evaluating commercial loan requests, analyzing financial information, assessing credit risk, and supporting the growth of a high-quality commercial loan portfolio. If ...

Dean Bank

Senior Credit Analyst

Franklin, MA · On-site

This position assures that these analyses are accurate, objectively present the risk of the transaction, and address the bank's ability to be re-paid. The Senior Credit Analyst will manage credit ...

MRINetwork Jobs

Senior Credit Analyst

Franklin, MA · On-site

This position assures that these analyses are accurate, objectively present the risk of the transaction, and address the bank's ability to be re-paid. The Senior Credit Analyst will manage credit ...

New

Dean Bank

Senior Credit Analyst

Franklin, MA · On-site

$76K - $100K/yr

This position assures that these analyses are accurate, objectively present the risk of the transaction, and address the bank's ability to be re-paid. The Senior Credit Analyst will manage credit ...

Dean Bank

Senior Credit Analyst

Franklin, MA · On-site

$76K - $100K/yr

This position assures that these analyses are accurate, objectively present the risk of the transaction, and address the bank's ability to be re-paid. The Senior Credit Analyst will manage credit ...

MRINetwork Jobs

Senior Credit Analyst

Franklin, MA · On-site

This position assures that these analyses are accurate, objectively present the risk of the transaction, and address the bank's ability to be re-paid. The Senior Credit Analyst will manage credit ...

New

Dedham Savings

Senior Credit Analyst

Dedham, MA · On-site

$83K - $111K/yr

... risk. The Senior Credit Analyst also reviews key loan documentation, prepares periodic loan and ... portfolio reports, participates in customer meetings as requested, and ensures credit source ...

previous page

Showing results 41-60

All JobsCredit Risk Analyst JobsCredit Risk Analyst Jobs in Massachusetts

Credit Risk Analyst information

See Massachusetts salary details

$40.4K

$124.4K

$215.7K

How much do credit risk analyst jobs pay per year?

As of Aug 9, 2026, the average yearly pay for credit risk analyst in Massachusetts is $124,372.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,100.00 and $153,400.00 per year, depending on experience, location, and employer.

What are some common challenges faced by credit risk analysts when assessing new clients or loan applications?

Credit Risk Analysts often encounter challenges such as limited financial data, rapidly changing market conditions, and the need to balance risk with business growth objectives. They must carefully analyze incomplete or inconsistent client information while ensuring compliance with regulatory requirements. Collaborating with relationship managers and other departments is essential to gather additional insights and make informed recommendations, making strong communication and analytical skills crucial in overcoming these challenges.

What does a credit risk analyst do?

A Credit Risk Analyst assesses the creditworthiness of individuals or organizations by analyzing financial data, credit reports, and economic conditions. Their main goal is to determine the likelihood that a borrower will default on their financial obligations. They use statistical models, risk assessment tools, and industry knowledge to evaluate risk and help lenders make informed lending decisions. Credit Risk Analysts often prepare reports, recommend risk mitigation strategies, and monitor existing credit portfolios for potential risks.

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

To thrive as a Credit Risk Analyst, you need strong analytical skills, a solid understanding of financial principles, and typically a degree in finance, economics, or a related field. Familiarity with risk assessment tools, statistical software (such as SAS or R), and financial modeling systems is often required, along with relevant certifications like FRM or CFA being advantageous. Attention to detail, effective communication, and sound judgment are essential soft skills for presenting findings and collaborating with stakeholders. These competencies are crucial for accurately assessing creditworthiness, minimizing financial risk, and supporting informed lending decisions.

What does a credit risk analyst do?

A credit risk analyst evaluates the creditworthiness of individuals or businesses seeking loans or credit cards. As a credit risk analyst, you must be systematic and thorough in examining each applicant’s financial information to provide a recommendation of whether or not your employer should grant credit to the applicant. Essentially, you are evaluating the risk to reward ratio of each loan applicant. Your job duties include the analysis of credit scores and credit reports, payment history, bank statements, and other financial statements. Depending on the scope of your job, you may collect this information directly from clients and inform them if the institution can approve or deny their credit or loan application.

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

AspectCredit Risk AnalystCredit Analyst
Primary FocusAssessing the risk of default on loans and credit productsEvaluating creditworthiness of individual or business applicants
Required CredentialsTypically a degree in finance, economics, or related field; certifications like CFA or credit-specific coursesSimilar credentials; often the same certifications or degrees
Work EnvironmentFinancial institutions, risk management departmentsBanks, lending institutions, credit departments
Industry UsageCommonly used in risk assessment and managementPrimarily in lending and credit evaluation

While both roles involve evaluating credit, a Credit Risk Analyst focuses on assessing the overall risk associated with credit portfolios, whereas a Credit Analyst evaluates individual credit applications. The roles often overlap in credentials and work environment, but their specific focus differs within the credit industry.

How much does a credit risk analyst earn?

The average salary for a credit risk analyst typically ranges from $60,000 to $90,000 annually, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications can earn higher salaries and bonuses.

What is the average salary of a Credit Risk Analyst?

The average salary of a Credit Risk Analyst typically ranges from $60,000 to $85,000 per year, depending on experience, location, and industry. Professionals in this role often require strong analytical skills and knowledge of financial modeling tools.
More about Credit Risk Analyst jobs
What are the most commonly searched types of Credit Risk Analyst jobs in Massachusetts? The most popular types of Credit Risk Analyst jobs in Massachusetts are:
What are popular job titles related to Credit Risk Analyst jobs in Massachusetts? For Credit Risk Analyst jobs in Massachusetts, the most frequently searched job titles are:
What job categories do people searching Credit Risk Analyst jobs in Massachusetts look for? The top searched job categories for Credit Risk Analyst jobs in Massachusetts are:
What cities in Massachusetts are hiring for Credit Risk Analyst jobs? Cities in Massachusetts with the most Credit Risk Analyst job openings:
What are popular job titles related to Credit Risk Analyst jobs in MA? For Credit Risk Analyst jobs in MA, the most frequently searched job titles are:
Credit Risk Analyst jobs near you
Infographic showing various Credit Risk Analyst job openings in Massachusetts 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 $124,372 per year, or $59.8 per hour.

Senior Credit Analyst

Talently

Franklin, MA • On-site

$90K - $100K/yr

Other

This job post has expired 2 days ago. Applications are no longer accepted.

Job description

Job Title: Senior Credit Analyst

Location: On Site - Franklin, Massachusetts, United States

Salary: $90,000-$100,000

Skills: Commercial Credit, Commercial Credit Analysis, Excel, Loans, Loan Exception Reports, Loan Covenant Tracking, ALR Reports, Commercial Loans


About the Banking Company / The Opportunity:

Join a dynamic company in the Banking industry focused on disciplined commercial lending and proactive portfolio risk management. The Senior Credit Analyst role provides the opportunity to lead credit quality reviews for commercial, commercial real estate and construction loans, manage a small team of analysts, and influence lending decisions through rigorous financial and collateral analysis. This on-site Franklin, MA position is ideal for a candidate who wants to shape credit monitoring, exception management and portfolio-level reporting in a hands-on lending environment.


Responsibilities:

  • Lead, coach and manage credit analysts; assign work, review deliverables, address performance and ensure accuracy and quality of analyses.
  • Review, analyze and process commercial, commercial real estate and construction loan requests, performing ratio, cash-flow and collateral analyses and recommending credit actions.
  • Prepare financial statement spreadsheets, credit summaries, credit rating memoranda and presentations for loan officers and the Lending Committee.
  • Maintain and manage monitoring and reporting including Loan Exception Reports, Loan Covenant Tracking, Pipeline Reports and ALR Reports, and oversee the renewal/tickler process.
  • Review appraisals, environmental reports, tax returns and customer financial statements; contact credit and financial sources for additional information as needed.
  • Ensure credit extensions align with risk appetite, internal credit policies and exception management guidelines; identify, escalate and monitor exceptions.
  • Develop and implement portfolio reporting and statistical approaches to monitor credit risk, identify trends and forecast potential outcomes.


Must-Have Skills:

  • Bachelor’s degree in business, finance or accounting (or equivalent).
  • Minimum three (3) years of commercial credit analysis experience in financial services.
  • Demonstrated expertise in commercial credit assessment including cash-flow, ratio and collateral analysis.
  • Advanced Excel and spreadsheet modeling and analysis skills.
  • Experience preparing credit rating memoranda and lending committee presentations.
  • Familiarity with loan monitoring and reporting: Loan Exception Reports, Loan Covenant Tracking, ALR and Pipeline reports.
  • Proven supervisory or managerial experience leading analysts or professional staff.
  • Strong verbal and written communication, organizational skills, and ability to interpret loan documents and policies.


Nice-to-Have Skills:

  • Experience with commercial real estate and construction lending.
  • Professional certifications such as CFA or relevant commercial lending credentials.
  • Experience developing portfolio-level reporting, statistical monitoring and forecasting credit trends.
  • Familiarity with credit administration systems, tickler/renewal workflow tools and lending platforms.
  • Knowledge of environmental appraisal review processes and regulatory compliance in banking.

Apply