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Credit Risk Manager Jobs in Connecticut (NOW HIRING)

First County Bank

Credit Analyst I

Stamford, CT

$65K - $80K/yr

... management. * Collaborate with team members from Business Banking and other departments as necessary on all aspects of credit risk administration. * Prepare financial analysis to evaluate trends ...

First County Bank

Credit Analyst I

Stamford, CT · On-site

$65K - $80K/yr

... management. * Collaborate with team members from Business Banking and other departments as necessary on all aspects of credit risk administration. * Prepare financial analysis to evaluate trends ...

Ascend Bank

Senior Credit Analyst

Wallingford, CT · On-site

... credit risk, if credit-worthy, underwriting in conformance with Loan Policy and present loan ... Participate in Management Loan Committee meetings as needed. * Support the Commercial Credit ...

Ascend Bank

Senior Credit Analyst

Wallingford, CT · On-site

... credit risk, if credit-worthy, underwriting in conformance with Loan Policy and present loan ... Participate in Management Loan Committee meetings as needed. * Support the Commercial Credit ...

Synchrony

BLP Intern - Risk

Stamford, CT

$16 - $21.25/hr

Risk Management BLP Internship Experience: What You'll Accomplish This internship is for students ... Credit Risk * Operational Risk, including Model Risk * Compliance * Strategic Risk * Model Market ...

NBT Bank

Credit Analyst III

Lakeville, CT · On-site

$71K - $95K/yr

Joins credit officers and commercial banking officers on client and prospect calls in multiple ... and managing risk. We've weathered the market's ups and downs for over 165 years, all while ...

Deloitte

Financial Risk Senior Consultant

Stamford, CT

$124K/yr

Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing * Knowledge of financial services business models, products, and services * Experience in banking, digital assets, or ...

First County Bank

Credit Manager

Stamford, CT · On-site

Manages Credit Administration's workflow and skills in alignment with Business Banking loan ... Determine/recommend risk rating. * Collaborate with Business Banking partners to develop structure ...

First County Bank

Credit Manager

Stamford, CT · On-site

Manages Credit Administration's workflow and skills in alignment with Business Banking loan ... Determine/recommend risk rating. * Collaborate with Business Banking partners to develop structure ...

Talcott Financial Group

Senior Risk Analyst

Charlotte, NC · On-site

$107K - $127K/yr

... risk management framework across all subsidiaries. One of our key accountabilities is to monitor key exposures across market, credit, liquidity, and insurance risks. We produce actionable, data ...

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All JobsCredit Risk Manager JobsCredit Risk Manager Jobs in Connecticut

Credit Risk Manager information

See Connecticut salary details

$82.3K

$150.6K

$227.8K

How much do credit risk manager jobs pay per year?

As of Jul 5, 2026, the average yearly pay for credit risk manager in Connecticut is $150,600.00, according to ZipRecruiter salary data. Most workers in this role earn between $127,000.00 and $168,900.00 per year, depending on experience, location, and employer.

What are the 5 C's of credit risk management?

The 5 C's of credit risk management are Character, Capacity, Capital, Collateral, and Conditions. These factors help credit risk managers evaluate a borrower's ability and willingness to repay a loan, guiding credit decisions and risk assessments. Understanding these principles is essential for effective credit analysis and maintaining financial stability.

How does a Credit Risk Manager typically collaborate with other departments to assess and mitigate risk?

A Credit Risk Manager frequently works with teams across the organization, such as underwriting, finance, and compliance, to assess borrower creditworthiness and ensure adherence to risk policies. Collaboration often involves developing risk models, reviewing loan portfolios, and communicating risk exposures to senior management. Working closely with these departments enables comprehensive risk assessments and the implementation of effective mitigation strategies. This cross-functional approach fosters a proactive risk culture and ensures that credit decisions align with both regulatory requirements and business objectives.

What Does a Credit Risk Manager Do?

A credit risk manager analyzes credit risk for banks and similar financial institutions. In this role, it’s your job to develop better credit risk policies and procedures to alleviate losses and maintain capital. Additional duties involve examining data, building financial models, creating performance reports, ensuring regulatory compliance, and formulating credit policy. This career requires at least a bachelor’s degree in business administration or a related field. Other important qualifications include excellent analytical, communication, and research skills. Most employers typically prefer candidates who have previous risk management experience.

What is the highest salary for a risk manager?

The highest salary for a Credit Risk Manager can exceed $150,000 annually, especially in large financial institutions or with extensive experience and advanced certifications. Senior risk managers in major markets or with specialized skills may earn even higher compensation, including bonuses and incentives.

What are Credit Risk Managers?

Credit Risk Managers are professionals responsible for assessing and managing the risk of financial losses that may arise from borrowers failing to repay loans or meet contractual obligations. They analyze financial data, credit reports, and market trends to determine the creditworthiness of individuals or businesses. Credit Risk Managers also develop policies and strategies to minimize potential losses and ensure compliance with regulatory standards. Their role is critical in maintaining the financial health and stability of banks, lending institutions, and other organizations involved in credit.

What is the role of a credit risk manager?

A credit risk manager is responsible for assessing and monitoring the creditworthiness of clients and borrowers to minimize financial losses. They analyze financial data, develop risk mitigation strategies, and ensure compliance with lending policies, often using tools like credit scoring models and financial analysis software.

What are the key skills and qualifications needed to thrive as a Credit Risk Manager, and why are they important?

To thrive as a Credit Risk Manager, you need strong analytical abilities, deep knowledge of financial principles, and typically a degree in finance, accounting, or a related field. Familiarity with risk modeling software, credit scoring systems, and regulatory frameworks such as Basel III is essential. Strong communication, decision-making, and stakeholder management skills set outstanding professionals apart in this field. These skills are crucial for accurately assessing creditworthiness, minimizing financial losses, and ensuring regulatory compliance within financial institutions.

What is the difference between Credit Risk Manager vs Credit Analyst?

AspectCredit Risk ManagerCredit Analyst
CredentialsBachelor's degree, often certifications like CFA or credit risk certificationsBachelor's degree, finance or related field, sometimes certifications like CFA
Work EnvironmentOversees risk policies, manages teams, strategic planningAnalyzes credit data, assesses borrower risk, prepares reports
Industry UsageUsed in banking, financial services, lending institutionsCommon in banks, credit agencies, financial firms

The Credit Risk Manager focuses on overseeing and managing the overall credit risk policies and teams, while the Credit Analyst conducts detailed credit assessments of individual borrowers. Both roles require similar credentials and are integral to credit decision processes, but they differ in scope and responsibilities.

Does credit risk pay well?

Credit Risk Managers typically earn competitive salaries that vary by industry, experience, and location. They often receive additional benefits and may need certifications such as CFA or FRM, which can influence compensation levels.
More about Credit Risk Manager jobs
What are the most commonly searched types of Credit Risk jobs in Connecticut? The most popular types of Credit Risk jobs in Connecticut are:
What are popular job titles related to Credit Risk Manager jobs in Connecticut? For Credit Risk Manager jobs in Connecticut, the most frequently searched job titles are:
What job categories do people searching Credit Risk Manager jobs in Connecticut look for? The top searched job categories for Credit Risk Manager jobs in Connecticut are:
What cities in Connecticut are hiring for Credit Risk Manager jobs? Cities in Connecticut with the most Credit Risk Manager job openings:
Credit Risk Manager jobs near you
Infographic showing various Credit Risk Manager job openings in Connecticut as of June 2026, with employment types broken down into 94% Full Time, 5% Part Time, and 1% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $150,600 per year, or $72.4 per hour.
Credit Analyst I

Credit Analyst I

First County Bank

Stamford, CT

$65K - $80K/yr

Full-time

Posted 12 days ago

Job description

At First County Bank, You + We = Team

YOU - Bring your talent, hunger to learn and desire to grow.

WE - Will provide you with the training and experience you need to become a Trusted Advisor to your clients.

TEAM - As part of the FCB team, you will share in the satisfaction of working for a respected 170-year-old institution with deep community roots and a tradition of giving back. 

First County Bank - It's where you belong!

We are currently looking for a Credit Analyst I to join our Credit Administration team! This individual will assist in underwriting commercial loans including the preparation of financial spreads, credit checks, market trends, financial analysis & other pertinent data necessary to complete commercial loan underwriting. Work Hours: 8:30am - 4:30pm, Monday - Friday.

Primary Responsibilities:

  • Responsible for timely management of credit process for assigned loans, including post-closing portfolio management.
  • Collaborate with team members from Business Banking and other departments as necessary on all aspects of credit risk administration.
  • Prepare financial analysis to evaluate trends, projections, ratios, cash flows, collateral, and global debt service ability as they relate to loan presentations, credit reviews, and portfolio quality analysis.
  • Highlight strengths & weaknesses of existing borrowers and applicants; Identify & highlight discrepancies and/or problem areas.
  • Contribute to computer input and basic quality control of loan files and department information.
  • Identify & escalate commercial lending compliance issues, including flood zone status, credit report red flags, and other issues as they arise during underwriting. 
  • Communicate information to commercial bankers regarding status of commercial loan requests.
  • Assist in the collection of borrower and guarantor financial statements and related preparation of annual reviews & loan covenant calculations for existing relationships.
  • Assist in periodic reporting of Commercial Credit Administration data & related credit-related reports to senior management and the Board of Directors.
  • Assist in file preparation for auditors, loan reviewers, and bank regulators.
  • Collaborate with Business Banking & Credit Administration staff to ensure effective and timely handling of write-ups, loan reviews, audits, and issuance of correspondence for updated financial statement requests.
  • Meet with customers and conduct site visits as needed.
  • Assist with the development & implementation of department loan origination and credit administration platform, workflows, procedures and departmental data storage, presentation & dissemination. 
  • Perform other duties as assigned.

Requirements/Qualifications:

  • Completion of Bachelor's Degree in Business, Finance, or related field or equivalent experience; previous customer service background required. 
  • Minimum 6 months experience in commercial underwriting or similar experience required, as well as some knowledge of banking operations. 
  • Knowledge of accounting principles & practices, credit terminology, loan documentation familiarity, and basic credit/financial analysis techniques required. 
  • Superior organizational & time management skills with demonstrated follow-up abilities. 
  • Proficient in Microsoft Office.
  • Superior verbal & written communication skills, as well as good customer service focus required. 
  • Knowledge of Abrigo loan origination and credit administration software a plus.  

Salary commensurate with experience.

Wage Range: $65,000 to $80,000

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