ZipRecruiter

Log In

1

Credit Risk Associate Jobs in Rocky Mount, NC (NOW HIRING)

All JobsCredit Risk Associate JobsCredit Risk Associate Jobs in Rocky Mount, NC

Credit Risk Associate information

See Rocky Mount, NC salary details

$48.2K

$105.3K

$176.3K

How much do credit risk associate jobs pay per year?

As of Aug 5, 2026, the average yearly pay for credit risk associate in Rocky Mount, NC is $105,341.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,300.00 and $136,800.00 per year, depending on experience, location, and employer.

What skills and qualifications are needed to thrive as a credit risk associate?

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 Rocky Mount, NC? The most popular types of Credit Risk jobs in Rocky Mount, NC are:
What cities near Rocky Mount, NC are hiring for Credit Risk Associate jobs? Cities near Rocky Mount, NC with the most Credit Risk Associate job openings:
Credit Risk Associate jobs near you
Infographic showing various Credit Risk Associate job openings in Rocky Mount, NC as of June 2026, with employment types broken down into 1% As Needed, 74% Full Time, and 25% Part Time. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $105,341 per year, or $50.6 per hour.

Consumer & Small Business Credit Officer I

SOUTHERN MISSOURI SAVINGS BANK

Wilson, NC • On-site

Other

Re-posted 14 days ago

Job description

Position: Consumer and Small Business Credit Officer I
Reports To: Consumer and Small Business Senior Credit Officer
Reports To This Position: None
FLSA Status: Exempt
Role Summary:
The position is responsible for the quality, safety and soundness of the credit portfolio associated with the bank's consumer and small business portfolio. This is achieved through the review, proper structuring and appropriate decisioning of credit request; ongoing monitoring of the credit portfolio to identify problem areas and assure appropriate assignment of credit grades; providing assistance with structuring of workout solutions; and delivering ongoing coaching to lenders throughout the bank.
Specific Job Functions (Duties/Responsibilities):
Efficiently review and evaluate consumer and small business requests in order to approve or recommend approval to a higher authority within the bank's credit team.
Make sound credit decisions, based on established lending policies
Maintain compliance with all established lending laws and regulations
Manage inflow of credit request to insure credit decisions are rendered in a timely manner and within service level agreements set for the team.
Assist lending officers to assure they are clearly identifying the bank's risk and utilizing appropriate underwriting techniques, properly structuring credits, while notating and mitigating exceptions to policy
Assist in maintaining appropriate composition of loans within the portfolio as directed by the bank's credit risk committee
Assist in ensuring each loan and relationship is assigned a credit risk grade to accurately reflect risk.
Assist lending officers to assure credit exposure is appropriately identified and to monitor limits established by the bank.
Assist lenders and/or Asset Recovery Team with the identification and remediation of problem loans within the consumer and small business portfolio and insure appropriate action is taken to minimize risk of loss.
Assist lenders in developing appropriate financial or other credit related questions for customer calls.
Work with Senior Credit Officer on updates and improvements to the consumer and small business credit decision platform, to include changes to decision criteria and testing of decision criteria
Perform other duties as assigned
JOB REQUIREMENTS:
Knowledge/Skills/Abilities Required:

  • Ability to understand accounting practices used in the preparation of personal and business financial statements, and tax returns, to include those of non-profit organizations.
  • Knowledge of consumer and small business credit analysis and how it should be applied in the credit decision process
  • Ability to render timely and effective credit decisions, based on quantitative and qualitative credit decision criteria
  • Knowledge of pertinent bank credit policy, laws and regulatory requirements as they apply to consumer and small business lending
  • Strong oral and written communication skills. Ability to effectively communicate with associates with varying experience levels and responsibilities.
  • Strong attention to detail, to include effective personal time management and the monitoring and management of work activity within the consumer and small business credit team.
  • Ability to handle sensitive customer information.
  • Excellent computer skills using related software i.e. Word, Excel and other bank proprietary software.
  • Have a decisive nature, possess an ability to work independently with limited supervision, seeking assistance as needed.
Education/Experience Requirements:
  • Bachelor or Master's degree in business or a related field with a preference in finance or accounting.
  • Minimum of 5 years of experience in credit analysis, lending, underwriting or credit approval of small business and consumer loans

Apply