ZipRecruiter

Log In

1

Credit Risk Contract Jobs in Commack, NY (NOW HIRING)

HASI

Risk Manager

New York, NY · On-site

$145K - $220K/yr

Evaluate risks in offtaker contracts and work with Portfolio Management on mitigation strategies ... Analyze and monitor sponsor and counterparty credit quality * Be part of a team responsible for ...

HASI

Manager, Portfolio Risk

New York, NY · On-site

$145K - $220K/yr

Evaluate risks in offtaker contracts and work with Portfolio Management on mitigation strategies ... Analyze and monitor sponsor and counterparty credit quality * Be part of a team responsible for ...

Staffingine LLC

Senior UX Designer

New York, NY · On-site

Contract * Lead endtoend UX design for a largescale migration of credit risk applications from legacy systems to modern web platforms * Conduct user research contextual interviews and usability ...

next page

Showing results 1-20

All JobsCredit Risk Contract JobsCredit Risk Contract Jobs in Commack, NY

Credit Risk Contract information

See Commack, NY salary details

$51.8K

$113.2K

$189.5K

How much do credit risk contract jobs pay per year?

As of Aug 29, 2026, the average yearly pay for credit risk contract in Commack, NY is $113,200.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,700.00 and $147,000.00 per year, depending on experience, location, and employer.

What is a credit risk contract?

A Credit Risk Contract job involves assessing and managing the potential risks associated with lending and credit transactions, typically on a temporary or project basis. Professionals in this role analyze financial data, evaluate creditworthiness, and develop risk mitigation strategies to protect the organization from potential losses. They may work with banks, financial institutions, or corporations to ensure compliance with regulations and internal risk policies. This role often requires strong analytical skills, experience in credit risk assessment, and proficiency in financial modeling or risk management tools.

What are the key skills and qualifications needed to thrive in the credit risk contract position?

To thrive in a Credit Risk Contract role, candidates should possess strong analytical skills, a background in finance or economics, and experience in credit risk assessment methodologies. Familiarity with risk modeling tools, credit rating systems, and software such as SAS, SQL, or Excel is often required, with certifications like FRM or CFA being advantageous. Excellent attention to detail, effective communication, and the ability to work independently or in cross-functional teams set top performers apart. These competencies ensure accurate risk evaluation, compliance with banking regulations, and sound decision-making in managing organizational credit exposure.

What are some common challenges faced in a credit risk contract role and how can they be managed?

Professionals in Credit Risk Contract positions often encounter shifting market conditions, regulatory changes, and diverse credit portfolios that require ongoing analysis and adaptation. Managing large volumes of complex financial data while meeting tight deadlines can be demanding. Staying proactive by keeping up-to-date with industry trends and regulatory requirements helps mitigate these challenges. Building strong collaborative relationships with stakeholders in lending, compliance, and business teams also plays a crucial role in addressing and solving risk-related issues efficiently.

What are popular job titles related to Credit Risk Contract jobs in Commack, NY?

For Credit Risk Contract jobs in Commack, NY, the most frequently searched job titles are:

What job categories do people searching Credit Risk Contract jobs in Commack, NY look for?

The top searched job categories for Credit Risk Contract jobs in Commack, NY are:

What cities near Commack, NY are hiring for Credit Risk Contract jobs?

Cities near Commack, NY with the most Credit Risk Contract job openings:

Credit Risk Contract jobs near you

Business Analyst -Credit Risk, Market Risk, Counterparty Risk

New York, NY • On-site

Accord Technologies Inc.
IT Services • 51 - 200 employees
Learn more about Accord Technologies Inc.external

Contractor

Re-posted 16 days ago

Job description

Job Title: Business Analyst (Credit Risk, Market Risk, Counterparty Risk)
Location: New York, NY (onsite)
Duration: 12 months 
Job Type: W2 contract.
 
We are seeking an experienced Risk Business Analyst to bridge the gap between our Risk Management organization and Technology teams in New York City. This role requires deep subject matter expertise in Credit Risk, Market Risk, and Counterparty Credit Risk (CVA) to drive requirements for risk system enhancements, regulatory implementations, and data infrastructure projects.
Key ResponsibilitiesRisk Analysis & Requirements

  • Elicit and document detailed business requirements for risk measurement systems (VaR, PFE, EPE, SIMM, SA-CCR)

  • Analyze data flows for risk aggregation, stress testing (CCAR/DFAST), and regulatory reporting (Basel III/IV, FRB 2052a)

  • Define specifications for limit monitoring, collateral management, and risk attribution

Stakeholder Management

  • Serve as liaison between Front Office, Risk Managers, Quants, and IT teams

  • Conduct gap analysis of current systems vs. business needs for trading book/banking book risks

  • Present solution recommendations to senior stakeholders

Project Delivery

  • Lead UAT for risk system implementations

  • Create data dictionaries and mapping documents for risk factor transformations

  • Support remediation of audit findings and regulatory requirements

Required Qualifications

Domain Expertise:

  • 9+ years as a Risk Business Analyst in capital markets

  • Hands-on experience with:

    • Credit Risk: Exposure methodologies (PFE, EAD), ratings, RWA calculations

    • Market Risk: VaR (Historical/Parametric), stress testing, product coverage

    • Counterparty Risk: CVA/DVA, margin frameworks (SIMM, ISDA SIMM)

Technical Skills:

  • Proficient in SQL for data analysis

  • Experience with risk systems: Moodys RiskFrontier, Algorithmics, Bloomberg MARS, RiskMetrics

  • Understanding of risk data models and regulatory timelines

Soft Skills:

  • Exceptional communication for technical and non-technical audiences

  • Proven ability to manage conflicting priorities