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Credit Risk Associate Jobs in Boston, MA (NOW HIRING)

Bank of America

Credit UW I-II

Boston, MA · On-site

$70K - $135K/yr

Leads the credit analysis process with the support of other analysts and associates * Partners with Credit Officers, Relationship Management, and Risk teammates to understand structuring needs and ...

TJX Companies

Risk Assurance Analyst

Marlborough, MA · On-site

$71.30K - $89.10K/yr

Proficient with Office 365 Suite, including advanced Excel Benefits include Associate discount ... credit union; referral bonuses. All benefits are subject to applicable plan or program terms ...

Bank of America

Credit UW I-II

Boston, MA

Leads the credit analysis process with the support of other analysts and associates * Partners with Credit Officers, Relationship Management, and Risk teammates to understand structuring needs and ...

Tjx

Risk Assurance Analyst

Marlborough, MA · On-site +1

$71.30K - $89.10K/yr

Proficient with Office 365 Suite, including advanced Excel Benefits include Associate discount ... credit union; referral bonuses. All benefits are subject to applicable plan or program terms ...

TJX Companies

Risk Assurance Analyst

Marlborough, MA · On-site +1

$71.30K - $89.10K/yr

Proficient with Office 365 Suite, including advanced Excel Benefits include Associate discount ... credit union; referral bonuses. All benefits are subject to applicable plan or program terms ...

Barings

Portfolio Analytics, Associate Director

Boston, MA · On-site

$105K - $125K/yr

... risk. This role sits within Barings Portfolio Finance's Portfolio Analytics team, a team ... Credit Modeling. The role operates at the intersection of finance and technology and serves as a ...

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Credit Risk Associate information

See Boston, MA salary details

$54.3K

$118.8K

$198.8K

How much do credit risk associate jobs pay per year?

As of May 30, 2026, the average yearly pay for credit risk associate in Boston, MA is $118,759.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,500.00 and $154,300.00 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.

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 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.

What are the most commonly searched types of Credit Risk jobs in Boston, MA? The most popular types of Credit Risk jobs in Boston, MA are:
What are popular job titles related to Credit Risk Associate jobs in Boston, MA? For Credit Risk Associate jobs in Boston, MA, the most frequently searched job titles are:
What job categories do people searching Credit Risk Associate jobs in Boston, MA look for? The top searched job categories for Credit Risk Associate jobs in Boston, MA are:
Credit Risk Associate jobs near you
Infographic showing various Credit Risk Associate job openings in Boston, MA as of May 2026, with employment types broken down into 69% Full Time, and 31% Part Time. Highlights an 67% In-person, and 33% Hybrid job distribution, with an average salary of $118,759 per year, or $57.1 per hour.

Credit UW I-II

Bank of America

Boston, MA • On-site

$70K - $135K/yr

Full-time

PTO

Posted 10 days ago

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
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 supporting credit underwriting and monitoring for new and existing clients in partnership with a credit team. Key responsibilities include independently managing low-complexity transactions or portfolios, completing and reviewing credit analysis, evaluating risks, and writing financial analysis. Job expectations include leading the process, ensuring timely and accurate analysis, and coaching teammates on credit requirements.
Responsibilities:
  • Leads the credit analysis process with the support of other analysts and associates
  • Partners with Credit Officers, Relationship Management, and Risk teammates to understand structuring needs and requirements
  • Monitors operating performance and financial condition, proactively identifying issues and opportunities
  • Assists in delivery of financial modeling, loan structure, industry, economic, and other analyses to team members to support the loan decision-making process
  • Reviews work of junior teammates to provide feedback/coaching and ensure compliance with laws, rules, regulations and policy procedure
  • May have primary coverage responsibility for a portfolio of clients with limited complexity and credit approval for certain credit actions
  • Participate in loan structure conversations and completion of loan documentation with internal/external legal partners

Skills:
  • Attention to Detail
  • Credit and Risk Assessment
  • Financial Analysis
  • Underwriting
  • Written Communications
  • Analytical Thinking
  • Credit Documentation Requirements
  • Financial Forecasting and Modeling
  • Recording/Organizing Information
  • Business Acumen
  • Collaboration
  • Collateral Management
  • Loan Structuring
  • Prioritization

Required Skills:
  • 3+ years of solid experience in financial analysis, structuring, underwriting and portfolio management, strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring in Commercial Banking in Middle Market or Large Corporates or Leverage Finance or other complex market.
  • Analytical/technical skills, including financial accounting, and modeling
  • Strong communication skills; ability to communicate vertically, horizontally, and externally
  • Experience in financial analysis and portfolio management

Desired Skills:
  • BS/BA degree and 2-3 years of credit analyst experience preferred

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
$70,000.00 - $135,000.00 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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