ZipRecruiter

Log In

1

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

Loomis Sayles

Credit Research Associate

Boston, MA · On-site

$70K - $100K/yr

About the Role The credit research associate will work with two senior analysts covering the metals ... Identify credit risk factors and have an understanding of financial markets * Develop skills in ...

RightWorks Inc

Private Credit Associate

Boston, MA · On-site

... risk-return profile vis-a-via traditional private credit. Examples of credit areas in which our ... We are seeking an associate to amplify the sourcing, underwriting, origination, and surveillance ...

next page

Showing results 1-20

All JobsCredit Risk Associate JobsCredit Risk Associate Jobs in Watertown, MA

Credit Risk Associate information

See Watertown, MA salary details

$54.4K

$118.9K

$199K

How much do credit risk associate jobs pay per year?

As of Jul 9, 2026, the average yearly pay for credit risk associate in Watertown, MA is $118,889.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,600.00 and $154,400.00 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 cities near Watertown, MA are hiring for Credit Risk Associate jobs? Cities near Watertown, MA with the most Credit Risk Associate job openings:
Credit Risk Associate jobs near you
Infographic showing various Credit Risk Associate job openings in Watertown, MA as of July 2026, with employment types broken down into 1% As Needed, 64% Full Time, 32% Part Time, 1% Temporary, and 2% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $118,889 per year, or $57.2 per hour.
Catastrophe Risk Associate (Remote)

Catastrophe Risk Associate (Remote)

American Family Mutual Insurance Company

Boston, MA • On-site

Other

This job post has expired today. Applications are no longer accepted.

Job description

Summary:
Homesite's Catastrophe Management Team is searching for a Catastrophe Risk Analyst who will apply their technical knowledge/skills to support the assessment of catastrophic risk by state and region and to develop strategies to mitigate this risk while encouraging profitable growth. The Catastrophe Risk Analyst opportunity is in our Boston, MA location and reports to the Catastrophe Risk Manager.
Responsibilities:
    • Perform statewide and countrywide peril-specific reviews, particularly for the wildfire peril
    • Support the management of current catastrophe-related products for underwriting and pricing
    • Assist with the development of new catastrophe strategies for individual states and regions
    • Develop data and analysis automation tools to monitor natural disasters in near real-time
    • Deliver critical reports and updates as part of catastrophe event response
    • Prepare and submit state-specific regulatory reporting
    • Support data visualization tools (Tableau, Shiny, etc.) developed by the team for use across the organization
    • Develop detailed documentations for internal workflows
    • Clearly communicate complex findings to members of the Catastrophe Management team and other Homesite teams

Requirements:
    • Detail-oriented
    • Motivated individual with strong analytic, problem solving, and troubleshooting skills
    • Effective communication skills
    • Proficiency in Microsoft Excel
    • Experience with Geographic Information Systems (GIS)
    • Experience with Microsoft SQL Server
    • Programming skills are a plus (experience with R and/or Python especially)
    • One to three years of insurance experience is a plus

Apply