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Credit Risk Associate Jobs in New York (NOW HIRING)

Credit RiskAnalyst/Associate Location: NYC (3-4 days in office; EST hours) Compensation: $90,000 ... Reach Financial's Risk and Decision Science team consists of a group of Data Scientists and ...

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Credit Risk Associate information

See New York salary details

$54.7K

$119.6K

$200.2K

How much do credit risk associate jobs pay per year?

As of Jul 5, 2026, the average yearly pay for credit risk associate in New York is $119,593.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,100.00 and $155,400.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Credit Risk Associate, and why are they important?

To thrive as a Credit Risk Associate, you need strong analytical skills, attention to detail, and a solid understanding of financial statements, typically backed by a degree in finance, economics, or a related field. Familiarity with risk assessment software, credit modeling tools, and proficiency in Excel or similar data analysis programs are essential technical requirements. Strong communication, problem-solving abilities, and sound judgment help you effectively collaborate with stakeholders and make informed recommendations. These skills and qualities are crucial for accurately assessing creditworthiness and minimizing financial risk for the organization.

What does a Credit Risk Associate do?

A Credit Risk Associate is responsible for assessing and managing the risk that a borrower may default on a loan or credit obligation. They analyze financial statements, credit reports, and market data to evaluate the creditworthiness of individuals or companies. Their work helps financial institutions make informed lending decisions, set appropriate credit limits, and comply with regulatory requirements. Credit Risk Associates also monitor existing credit exposures and may recommend strategies to mitigate potential losses.

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

AspectCredit Risk AssociateCredit Analyst
Required CredentialsBachelor's degree, relevant certifications often preferredBachelor's degree, certifications like CFA or credit-specific courses beneficial
Work EnvironmentFinancial institutions, banks, credit agenciesBanks, investment firms, credit rating agencies
Employer & Industry UsageCommonly used in risk management teamsUsed in credit assessment and lending decisions
Comparison Search IntentUnderstanding risk roles in creditAnalyzing creditworthiness of clients

Both roles involve assessing credit-related information, but Credit Risk Associates focus on managing overall risk exposure, while Credit Analysts evaluate individual creditworthiness. The roles often overlap in skills and industry settings, making them closely related but distinct in scope.

How does a Credit Risk Associate typically collaborate with other teams within a financial institution?

Credit Risk Associates work closely with various departments, including front-office lending teams, compliance, and portfolio management. They regularly communicate with relationship managers to gather client information, and partner with data analysts to assess credit models and risk metrics. This collaborative environment ensures that credit decisions are well-informed and compliant with internal policies. Being proactive and communicative is key, as the role often requires balancing risk assessment with business growth objectives.
What are the most commonly searched types of Credit Risk jobs in New York? The most popular types of Credit Risk jobs in New York are:
What job categories do people searching Credit Risk Associate jobs in New York look for? The top searched job categories for Credit Risk Associate jobs in New York are:
What cities in New York are hiring for Credit Risk Associate jobs? Cities in New York with the most Credit Risk Associate job openings:
Infographic showing various Credit Risk Associate job openings in New York as of June 2026, with employment types broken down into 89% Full Time, 9% Part Time, 1% Temporary, and 1% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $119,593 per year, or $57.5 per hour.
Risk Management and Compliance: Wholesale Credit Analytics & Reporting Associate

Risk Management and Compliance: Wholesale Credit Analytics & Reporting Associate

JP Morgan Chase

Brooklyn, NY • On-site

Full-time

Medical, Retirement

Posted 22 days ago


JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 486 frontline employees who took The Breakroom Quiz

54th of 144 rated banks


Job description

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about challenging the status quo and striving to be best in class.

As an Associate in the Credit Risk Controller & Analytics team, you provide comprehensive, timely, and accurate data on the firm's wholesale credit risk to key stakeholders. You will play a vital role in supporting the Chief Risk Officer, Chief Financial Officer, Risk Management, Risk Technology, Finance and Planning & Analysis, Investor Relations, and SEC Reporting. In this role, you help us deliver complete and useful data and narratives on credit risk, empowering us to make informed decisions and maintain the strength and resilience of our business. Together, we will grow responsibly and address real-world challenges with your expertise and commitment.

Job Responsibilities

  • Identify key risks and trends impacting the wholesale credit portfolio, which includes the Commercial & Investment Bank (CIB), Asset & Wealth Management, and risk-rated businesses within Consumer and Community Banking.
  • Produce a quarterly credit risk update for the firm's Chief Financial Officer to support preparation for quarterly Earnings Presentations.
  • Support the Chief Risk Officer and senior Risk executives on various monthly and quarterly presentations to the Board and risk committees, and participate in ad-hoc special projects as needed.
  • Produce data metrics for key external disclosures, including the Earnings Press Release and the CEO's Annual Letter.
  • Leverage the firm's suite of AI tools and solutions to more effectively and efficiently analyze the wholesale credit portfolio and distill key themes.
  • Develop subject matter expertise in key portfolios such as Non-bank Financial Institutions, Private Credit, and Commercial Real Estate.
  • Engage with senior management across Risk and Finance on various internal and external reporting agendas, including data quality initiatives.

Required Qualifications, Capabilities, and Skills

  • Bachelor's degree.
  • 4+ years of experience
  • Advanced knowledge of Microsoft Office.
  • Comfortable working with large datasets and producing executive-level content.
  • Ability to work in a high-pressure environment with attention to detail and a focus on quality of deliverables.
  • Experience with business intelligence tools (e.g., Thoughtspot, Databricks, Alteryx).
  • Excellent organizational and project management skills, with the ability to reprioritize tasks as needed. on the fly.
  • Collaborate and build strong partnerships, using excellent interpersonal skills to work within a team and communicate across departments.
  • High degree of initiative and self-direction; a creative problem solver with an analytical and control mindset.
  • Strong interest in news headlines, financial markets, and macroeconomic trends-and how these impact the firm.
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

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