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

Global Partners

Trader - Gulf Coast

Waltham, MA · On-site

$182K - $291K/yr

Prepare and present risk/return reports on opportunities and analysis as necessary. * Find and ... Back-office experience in credit, risk management and finance. Previous experience in Right Angle ...

Global Partners LP

Trader - Biodiesel

Waltham, MA · On-site

$182K - $291K/yr

Prepare and present risk/return reports on opportunities and analysis as necessary. * Find and ... Back office experience in credit, risk management and finance. Previous experience in Right Angle ...

Global Partners LP

Trader - Biodiesel

Waltham, MA · On-site

$182K - $291K/yr

Prepare and present risk/return reports on opportunities and analysis as necessary. * Find and ... Back office experience in credit, risk management and finance. Previous experience in Right Angle ...

Global Partners LP

Trader - Gulf Coast

Waltham, MA · On-site

$182K - $291K/yr

Prepare and present risk/return reports on opportunities and analysis as necessary. * Find and ... Back-office experience in credit, risk management and finance. Previous experience in Right Angle ...

Global Partners LP

Trader - Gulf Coast

Waltham, MA · On-site

$182K - $291K/yr

Prepare and present risk/return reports on opportunities and analysis as necessary. * Find and ... Back-office experience in credit, risk management and finance. Previous experience in Right Angle ...

Global Partners

Trader - Biodiesel

Waltham, MA

$182K - $291K/yr

Prepare and present risk/return reports on opportunities and analysis as necessary. * Find and ... Back office experience in credit, risk management and finance. Previous experience in Right Angle ...

Farm Credit East

Loan Officer

Dayville, CT · Hybrid

$63K - $85K/yr

Provides functional guidance to credit analysts, loan doc specialists and other roles to ensure ... risk assessment to ensure a safe and sound portfolio * Meets with existing and prospective ...

Global Partners LP

Salesforce Lead

Newton, MA · On-site

... analysis, customer segmentation, and Salesforce activity tracking * Advocate for and collaborate on ... Credit & Risk (customer onboarding, limits) * Customer Service (issue tracking, contract compliance ...

Mass Development

Vice President, Lending

Worcester, MA · On-site

Prepare and present financing requests to the Credit Committee, senior leadership, and Board of Directors. * Analyze borrower financial statements, assess creditworthiness and risk, and monitor ...

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Showing results 41-60

All JobsCredit Risk Analyst JobsCredit Risk Analyst Jobs in Worcester, MA

Credit Risk Analyst information

See Worcester, MA salary details

$37K

$113.9K

$197.5K

How much do credit risk analyst jobs pay per year?

As of Aug 6, 2026, the average yearly pay for credit risk analyst in Worcester, MA is $113,893.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,500.00 and $140,500.00 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 popular job titles related to Credit Risk Analyst jobs in Worcester, MA? For Credit Risk Analyst jobs in Worcester, MA, the most frequently searched job titles are:
What job categories do people searching Credit Risk Analyst jobs in Worcester, MA look for? The top searched job categories for Credit Risk Analyst jobs in Worcester, MA are:
What cities near Worcester, MA are hiring for Credit Risk Analyst jobs? Cities near Worcester, MA with the most Credit Risk Analyst job openings:
Credit Risk Analyst jobs near you
Infographic showing various Credit Risk Analyst job openings in Worcester, MA as of July 2026, with employment types broken down into 93% Full Time, and 7% Part Time. Highlights an 72% In-person, 14% Hybrid, and 14% Remote job distribution, with an average salary of $113,893 per year, or $54.8 per hour.

Intern - Policy and Procedure

Navigant Credit Union

Smithfield, RI • On-site

$14.50 - $19.25/hr

Temporary

Medical, Dental, Vision, Retirement

Re-posted 6 days ago

Job description

ABOUT THE ROLE:
The Policies & Procedures Intern position offers hands-on experience supporting the full lifecycle of organizational policies and procedures within our Integrated Risk Management (IRM) system, RSA Archer. The intern will help manage document workflows, track approvals, maintain version control, and ensure compliance with established formatting and governance standards. The role also supports efforts to enhance and modernize Navigant's policy management framework, including preparing documentation for artificial intelligence (AI) utilization. Responsibilities include standardizing document structure, formatting content for consistency, and organizing metadata to improve automation and searchability across systems. The intern will collaborate with internal stakeholders to align content with enterprise standards and may assist with foundational gap analysis activities. This opportunity is ideal for a student interested in risk management, compliance, or business operations who wants practical experience in a highly regulated financial services environment while contributing to meaningful process improvements.
WHAT YOU WILL DO:
  1. Supports the administration of Navigant's Policy & Procedure Management program within the RSA Archer (IRM) platform
  2. Assists in coordinating document review and approval workflows, including routing policies to document owners and approvers and tracking completion status
  3. Maintains policy and procedure records by supporting version control, document updates, and archival processes to ensure audit readiness
  4. Reviews policies and procedures for formatting, consistency, and adherence to established governance and documentation standards
  5. Prepares and organize documents for artificial intelligence (AI) utilization by standardizing structure, tagging metadata, and ensuring content quality and consistency
  6. Performs detailed quality checks to ensure accuracy, completeness, and alignment with internal standards and regulatory expectations
  7. Assists with organizing and maintaining document libraries, ensuring ease of access and proper classification within the system
  8. Supports process improvement initiatives related to policy lifecycle management and documentation efficiency
  9. Assists with foundational gap analysis activities by comparing existing policies and procedures as needed.
  10. Provides general administrative and operational support to the Policy & Procedure Management team as needed
  11. Performs all other duties as assigned by the Policies & Procedures/Donations Manager.

QUALIFICATIONS:
Education
Currently enrolled as a junior-level undergraduate student pursuing a degree in Business, Finance, Risk Management, Compliance, Operations or a related field
Experience/Skills/Knowledge:
  1. Must have a strong attention to detail with the ability to review and analyze documents for accuracy, consistency, and completeness
  2. Excellent organizational and time management skills with the ability to manage multiple tasks and meet deadlines in a structured environment required
  3. Strong written and verbal communication skills, with the ability to interact professionally with internal stakeholders required
  4. Must possess a strong service orientation in alignment with the credit union's mission and core values.
  5. Proficiency in Microsoft Office applications, particularly Word, Excel and PowerPoint required
  6. Must have the ability to follow established processes and governance standards while maintaining a high level of accuracy
  7. Must have a demonstrated ability to learn new systems and technology; interest in working with enterprise platforms such as RSA Archer or similar systems is a plus
  8. Basic understanding of business processes, compliance, or risk management concepts is preferred but not required
  9. Interest in data organization, or process improvement initiatives is a plus
  10. Must have the ability to work both independently and collaboratively in a professional office environment within a regulated financial services organization
  11. Must have the ability to function in a financial institution environment and utilize standard office equipment including but not limited to; fax, copier, telephone, etc.

ABOUT:
People helping people is what makes Navigant Credit Union truly special. Our mission is to improve the financial well-being of the families, businesses, and communities we serve, and have been since our founding in 1915.
At $4 billion in assets, Navigant Credit Union is the largest credit union in Rhode Island and third largest in New England. Our success is founded upon our community-based values and our belief in putting people first. These are just a few of the reasons why Navigant Credit Union has been named "Rhode Island's Best Place to Work" year-after-year by the Providence Business News.
Our Core Values of "Leadership, Unity, Caring, and Integrity" are the guiding principles for our organization. They are the qualities and/or traits that we consider a high priority for Navigant Credit Union employees.
Navigant Credit Union prides itself on investing in our workforce, while exceeding member expectations. We offer tremendous opportunities for professional development, career advancement, and a best-in-class benefits package including robust medical and dental plans, vision benefits, 401(k) with a generous employer match, tuition reimbursement, competitive salaries, paid volunteer days, and more.
If you believe you'd be a great fit, and are interested in joining our team, check out our open positions and apply today!

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