Credit Risk Analyst Jobs in Worcester, MA (NOW HIRING)

Description

The Principal, Enterprise Risk Management Analyst serves as a senior subject matter expert within the Second Line of Defense (2LOD), providing independent oversight of enterprise, technology, transformation, and operational risks across the organization. This role partners with business, technology, and risk leaders to evaluate significant initiatives, identify emerging risks, assess control effectiveness, and provide credible challenge to risk management practices. 

 This position leads the development of risk methodologies, governance practices, and reporting that support informed decision-making and strengthen the organization's overall risk management framework. The role operates with a high degree of autonomy and influence and is recognized as a trusted advisor on complex risk matters. 

Here’s what you can expect from the job and what you need to be successful:  

What You'll Do:  

• Serve as a senior ERM subject matter expert, providing independent oversight and effective challenge of enterprise, technology, transformation, and operational risks.   
• Lead complex risk assessments for significant initiatives, including technology implementations, digital transformation efforts, major process changes, strategic programs, and third-party enabled solutions.  
• Evaluate project governance, risk assessments, mitigation plans, issue management practices, and residual risk decisions to ensure alignment with enterprise risk appetite and governance standards.  
• Assess operational readiness, control effectiveness, and risk management practices associated with major business and technology initiatives.   
• Identify, assess, and communicate emerging risks related to technology, artificial intelligence, cloud services, operational resilience, third-party providers, and enterprise transformation efforts.  
• Develop and enhance risk frameworks, methodologies, assessment approaches, escalation criteria, and governance standards used across the organization.  
• Establish and monitor key risk indicators (KRIs), risk trends, and risk appetite metrics to support proactive risk identification and decision-making.  
• Provide independent risk advisory support to governance committees, executive leadership, and cross-functional working groups.  
• Prepare and deliver executive-level reporting on enterprise risk exposures, emerging risks, control effectiveness, and significant initiatives.  
• Partner with Technology, Information Security, Compliance, Business Continuity, Internal Audit, and business leaders to strengthen risk management capabilities while maintaining appropriate second line independence.  
• Support regulatory examinations, audits, and independent reviews through risk analysis, documentation, and subject matter expertise. 
• Drive continuous improvement of enterprise risk management practices, reporting, governance processes, and risk oversight capabilities.  

Essential Skills: 

• Required Education: Bachelors degree in field relevant to role (or 4 additional years of relevant experience in lieu of a degree)  
• Required Experience: 8 - 12 years of relevant experience  
• Deep knowledge of enterprise risk management practices, governance frameworks, and risk assessment methodologies.  
• Experience evaluating large-scale business, technology, or transformation initiatives within a regulated environment. [  
• Strong understanding of operational risk, technology risk, information security principles, and resilience concepts.  
• Ability to provide independent challenge and influence stakeholders across all levels of the organization.  
• Experience developing risk methodologies, governance standards, executive reporting, and key risk indicators.  
• Strong analytical, problem-solving, facilitation, and communication skills. 
• Ability to translate complex risks into clear business impacts and actionable recommendations.  
• Experience supporting regulatory examinations, audits, and governance reviews. 
• Financial services or credit union experience preferred.  

Preferred certifications include: 

• CRISC 
• CISA 
• CISSP 
• CGEIT 
• PMP 
• CERM or equivalent risk, audit, governance, or technology certifications 

Location: Hillsboro, OR | Marlborough or Chelmsford, MA (HYBRID) 

Target Compensation: $146,500 - $176,000 + annual bonus 

Who We Are: 

What makes First Tech different? Click here to learn more!  

Every great journey begins with a bold idea—and ours is no different. First Tech and DCU were founded on the belief that financial solutions should put people first. That belief has fueled decades of innovation and service, rooted in the tech sector and expanding to support members from all walks of life.

Employees are eligible for:

• Traditional medical, dental, and vision coverage
• Generous 401(k) match
• Paid Time Off: - You’ll accrue up to 15 days in your first year.  In addition, you’ll receive 40 hours of sick time and 3 personal days, which refresh annually
• Paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility subject to standard account requirements and underwriting criteria

Employment Statements: 

First Tech is an equal opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

If you’re applying for a job and need a reasonable accommodation for any part of the employment process, please send an email to recruiters@firsttechfed.com and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address 

First Tech is not currently offering Visa transfer or sponsorship for this position 

Who We Are:
What makes First Tech different? Click here to learn more!
Every great journey begins with a bold idea—and ours is no different. First Tech and DCU were founded on the belief that financial solutions should put people first. That belief has fueled decades of innovation and service, rooted in the tech sector and expanding to support members from all walks of life.
Employees are eligible for:
• Traditional medical, dental, and vision coverage
• Generous 401(k) match
• Paid Time Off: You'll accrue up to 15 days in your first year. In addition, you'll receive 40 hours of sick time and 3 personal days, which refresh annually
• Paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility subject to standard account requirements and underwriting criteria)
Employment Statements:
First Tech is an equal opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.
If you're applying for a job and need a reasonable accommodation for any part of the employment process, please send an email to recruiters@firsttechfed.com and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address.
First Tech is not currently offering Visa transfer/sponsorship for this position.