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

Eastern Bank

Operations Associate

Cranston, RI · On-site

$24.50/hr

... risk, etc.) to ensure adherence to bank policies and procedures Incumbents in this position are ... credit card cash advances Maintaining safe deposit records properly to include contracts, access ...

Eastern Bank

Operations Associate

Cranston, RI

$24.50/hr

... risk, etc.) to ensure adherence to bank policies and procedures Incumbents in this position are ... credit card cash advances Maintaining safe deposit records properly to include contracts, access ...

West Marine

Sales Associate (Part Time)

Falmouth, MA · On-site

$16 - $21.75/hr

... credit, and on-account transactions accurately, including processing returns and managing the ... Battery systems or chemicals posing burn/fire/explosion risk * * Clean up, respond to, or manage ...

West Marine

Sales Associate (Seasonal)

Falmouth, MA · On-site

$15.50 - $18.50/hr

Handle cash, credit, and on-account transactions accurately, including processing returns and ... Battery systems or chemicals posing burn/fire/explosion risk * * Clean up, respond to, or manage ...

Penske

Operations Coordinator

Cranston, RI · On-site

... credit memos, citations, accounts receivable, licensing and other areas ... Investigate and recommend solutions and/or guidance to issues posing a risk to the drivers of ...

Penske

Operations Coordinator

Cranston, RI

... credit memos, citations, accounts receivable, licensing and other areas ... Investigate and recommend solutions and/or guidance to issues posing a risk to the drivers of ...

Penske

Operations Coordinator

Cranston, RI · On-site

... credit memos, citations, accounts receivable, licensing and other areas ... Investigate and recommend solutions and/or guidance to issues posing a risk to the drivers of ...

Penske

Operations Coordinator

Cranston, RI · On-site

... credit memos, citations, accounts receivable, licensing and other areas ... Investigate and recommend solutions and/or guidance to issues posing a risk to the drivers of ...

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Showing results 21-40

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

Credit Risk Associate information

See Westport, MA salary details

$59.8K

$130.7K

$218.8K

How much do credit risk associate jobs pay per year?

As of Sep 11, 2026, the average yearly pay for credit risk associate in Westport, MA is $130,681.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,700.00 and $169,800.00 per year, depending on experience, location, and employer.

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 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.

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 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 cities near Westport, MA are hiring for Credit Risk Associate jobs?

Cities near Westport, MA with the most Credit Risk Associate job openings:

Credit Risk Associate jobs near you
Infographic showing various Credit Risk Associate job openings in Westport, MA as of August 2026, with employment types broken down into 1% As Needed, 70% Full Time, 26% Part Time, 1% Temporary, and 2% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $130,681 per year, or $62.8 per hour.

Operations Associate

Cranston, RI • On-site

Eastern Bank
Commercial Banking • 1 - 5K employees
Learn more about Eastern Bankexternal

$24.50/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted yesterday

Eastern Bank rating

8.3

Company rating: 8.3 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

Job description


Starting Rate: $24.50
Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information.
The Operations Associate maintains primary responsibility for all operational elements of a small to mid-sized office. Operational responsibilities include, but are not limited to, cash vault and ATM management, managing negotiable instruments, adhering to compliance and security requirements, routine cash drawer audits, executing on quality control processes around new account opening, and other such branch activities. Fully skilled in both sales and transactional capacities, incumbents also directly service retail branch customers as needed.
Responsibilities:
Maintains primary responsibility for all operational elements of a small to mid-sized banking office by:
  • Managing the branch cash vault to within prescribed limits and serving as the vault custodian. Must master the use of the bank's cash forecasting system.
  • Serving as the branch's ATM custodian; ensures it remains stocked, functional, and is balanced daily.
  • Auditing all negotiable instruments, cash drawers, foreign currency (if applicable) and related logs to ensure adherence to defined policies and procedures.
  • Responsible for all operational components in the branch such as balancing and researching cash errors, filing necessary BSA forms, compliance and security elements
  • Stays abreast of all compliance and security requirements and implements processes within the branch to ensure regular adherence.
  • Routinely reviews new account opening documentation, to include some that is more complex (i.e. corporate resolutions, business customer profiles, businesses designated as high-risk, etc.) to ensure adherence to bank policies and procedures

Incumbents in this position are skilled in both sales and transactional capacities and personally service all customers by:
  • Opening deposit accounts and taking loan applications for various lending units
  • Closing consumer loans
  • Making referrals to other bank business lines and third-party partners
  • Handling routine account maintenance and other servicing issues
  • Processing monetary transactions such as cashing checks, making deposits, selling monetary instruments, buying/selling foreign currency, processing credit card cash advances

Maintaining safe deposit records properly to include contracts, access slips and assisting customers with access to safe deposit boxes (if applicable).
Problem Solving and Decision Making:
Balancing policy and procedure with appropriate judgement, makes decisions that are mutually beneficial to the bank and the customer. If written policy is unclear or there is any uncertainty, the Operations Associate should seek guidance from his/her Assistant Branch Manager, Branch Manager, Regional Manager, or if necessary, Retail Administration
Qualifications:
  • Incumbent must have the ability to work independently, multi-tasking in a fast-paced environment. Individual should be an outgoing self-starter and be technically literate.
  • Enthusiastic individuals with strong interpersonal skills and a desire to be in the 'customer service' business are ideal candidates for this role. Basic business acumen and professionalism are also required. Strong written and verbal communication skills are critical, as are the ability to build relationships and strong alliances across the organization and to quickly learn all there is to know about the products and services offered by the bank.

Working Conditions:
  • Ability to stand and remain standing for up to five hours at a time without a break.
  • May be required to lift and/or move coin/currency bags weighing 25-30 pounds.

About Us
At Eastern Bank, we pride ourselves on supporting our employees by offering tremendous opportunity for individual growth. As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. These values have earned us a reputation as a great place to work and provide a strong reason why you should consider a career with us. We are proud to offer comprehensive compensation plans and a benefits program called Total Rewards that includes medical, dental, vision, life and disability insurance, retirement, vacation and tuition reimbursement.
Eastern Bank is an equal opportunity employer. All job applicants will be considered for employment without regard to race, color, religious creed, national origin, sex, sexual orientation, gender identity, genetic information, military service, age, ancestry, or disability.
At Eastern Bank, we are dedicated to building a diverse, equitable, inclusive and authentic workplace. If you're excited about this role but your experience doesn't fully align with every qualification, we still encourage you to apply! You may be just the right candidate for this position or others across the company. Our Recruitment team is waiting to chat with YOU.

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