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Credit Risk Manager Jobs in Delaware (NOW HIRING)

Sallie_mae

Director, Credit Risk

Newark, DE

What You'll Contribute The Director, Credit Risk will be responsible for overseeing and managing our credit risk management strategies to ensure that credit risks are properly assessed, monitored ...

Sallie Mae

Director, Credit Risk

Newark, DE · On-site

What You'll Contribute The Director, Credit Risk will be responsible for overseeing and managing our credit risk management strategies to ensure that credit risks are properly assessed, monitored ...

Td

Risk Manager I (US)

Wilmington, DE

$91K - $136K/yr

Risk Management The Risk Manager I manages the creation, implementation and validation of various ... Validate and enhance strategy structure such as Credit Tier to meet business goals; quantify ...

Continental Finance

Credit Risk Analyst

Wilmington, DE · Hybrid

Perform credit risk analysis to support targeting, offer strategy, and campaign decisioning ... Identify, analyze, and report production trends to management. * Partner with Marketing, Operation ...

Td

Risk Manager I (US)

Wilmington, DE

$91K - $145K/yr

Ensures sound credit control by taking a pro-active approach to risk management within the risk ... guidelines of the Bank * Ensures the timely communication of issues that are relevant to the team ...

TD Bank Group

Risk Manager I (US)

Wilmington, DE · On-site

$91K - $145K/yr

Ensures sound credit control by taking a pro-active approach to risk management within the risk ... guidelines of the Bank * Ensures the timely communication of issues that are relevant to the team ...

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All JobsCredit Risk JobsCredit Risk Manager JobsCredit Risk Manager Jobs in Delaware

Credit Risk Manager information

See Delaware salary details

$86.6K

$158.4K

$239.7K

How much do credit risk manager jobs pay per year?

As of Jul 10, 2026, the average yearly pay for credit risk manager in Delaware is $158,449.00, according to ZipRecruiter salary data. Most workers in this role earn between $133,600.00 and $177,700.00 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 Delaware? The most popular types of Credit Risk jobs in Delaware are:
What are popular job titles related to Credit Risk Manager jobs in Delaware? For Credit Risk Manager jobs in Delaware, the most frequently searched job titles are:
What job categories do people searching Credit Risk Manager jobs in Delaware look for? The top searched job categories for Credit Risk Manager jobs in Delaware are:
What cities in Delaware are hiring for Credit Risk Manager jobs? Cities in Delaware with the most Credit Risk Manager job openings:
Credit Risk Manager jobs near you

Director, Credit Risk

Sallie_mae

Newark, DE

Full-time

Medical, Dental, Vision, Life, PTO

Posted 10 days ago

Job description

When you join Sallie Mae, you become a champion for all students.

We're on a mission to power confidence as students begin their unique journey. To help them plan their higher education, successfully finish, and prepare for life after school. To help them Start smart. Learn big.

Students need guidance navigating this important time in their life. They need someone who acknowledges that their education path is unique. They need a partner willing to evolve and not only meet but surpass their expectations. We're changing. Because students need a better way.

We're looking for people who are excited to drive this transformation. To break barriers and think of new ways to adapt, help, and create better experiences for students-and for each other.

This is where diverse backgrounds, beliefs, and perspectives matter. It's where you're empowered to bring your authentic self to work.

Feeling your best allows you to do your best. Our benefits take care of the whole you-from physical and mental to financial and professional. You'll get opportunities to further your education and career, support for you and your family (including your pets!), paid time off to volunteer for the things that matter to you, and more.

We're obsessed with impact and making a real difference. For us, that means putting relationships first, asking "why not?" when tackling challenges, and continuously learning new skills.

Come do more than join something, change something. For students, for future generations, for the future of education.

What You'll Contribute

The Director, Credit Risk will be responsible for overseeing and managing our credit risk management strategies to ensure that credit risks are properly assessed, monitored, and mitigated to maintain the financial health and stability of the organization.

What You'll Do

  • Establish and maintain an effective credit risk framework, including credit risk assessment methodologies, risk appetite, risk limits, and risk mitigation strategies.
  • Evaluate and analyze credit risk exposure across various business lines, products, and customer segments.
  • Conduct comprehensive credit risk assessments and provide recommendations to senior management and the Board of Directors.
  • Monitor and review credit portfolios to identify emerging risks, trends, and potential areas of concern.
  • Collaborate with internal stakeholders, including originations, sales, and finance teams, to ensure credit risk considerations are integrated into business decisions and processes.
  • Develop and implement credit risk monitoring tools and systems to enhance risk identification, measurement, and reporting capabilities.
  • Foster relationships with external stakeholders, such as credit rating agencies, auditors, and regulators, to ensure effective communication and collaboration on credit risk-related matters.

The above information is intended to describe the general nature and level of work performed by employees assigned to this job; it is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees in this role.

What you have

Minimum: Indicate minimum education, skills and experience required.

  • Strong knowledge of credit risk principles, methodologies, and regulatory requirements.
  • Demonstrated experience in developing and implementing credit risk management frameworks, policies, and procedures.
  • Proven ability to analyze complex credit portfolios and assess credit risk exposure.
  • Excellent understanding of financial statements, financial analysis, and risk assessment techniques.
  • Experience in managing and leading a team of credit risk professionals.
  • Exceptional analytical and problem-solving skills, with the ability to think strategically and make informed decisions.

Preferred: Indicate "nice to haves" regarding education, skills, and experience.

  • Bachelor's degree in finance, economics, business administration, or a related field.
  • 7+ years of experience in credit risk management within the financial services industry, with a focus on corporate or commercial lending.

The Americans with Disabilities Act

The Americans with Disabilities Act of 1990 (ADA) prohibits discrimination by employers, in compensation and employment opportunities, against qualified individuals with disabilities who, with or without reasonable accommodation, can perform the "essential functions" of a job. A function may be essential for any of several reasons, including: the job exists to perform that function, the employee holding the job was hired for his/her expertise in performing the function, or only a limited number of employees are available to perform that function.

Feeling your best helps you do your best:Our benefits take care of the whole you-so you can build your work around your life (not the other way around!).

  • Competitive base salaries

  • Bonus incentives

  • Generous PTO, Floating Holidays and 12 Federal Holidays observed

  • Support for financial-well-being and retirement401k with employer match

  • Comprehensive medical, dental, vision, hospital indemnity, critical illness, pet insurance and more

  • Employer paid short-term/long-term disability and basic life insurance

  • Flexible hybrid working arrangements.

  • Paid parental leave and adoption reimbursement programs

  • Free access to on-site staffed fitness centers (in Delaware) and gym subsidy (for locations outside Delaware)

  • Confidential counseling support (EAP), Health Advocacy services and Wellness program with financial incentives

  • Tuition Reimbursement and Family Scholarship Programs

  • Career development and training opportunities

Not the right fit? Let us know you're interested in a future opportunity by clickingIntroduce Yourselfin the top-right corner of the page or create an account to set up email alerts as new job postings become available that meet your interest!

Sallie Mae is proud to be an equal opportunity (EEO) employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender, sexual orientation, national origin, age, genetic information, gender identity, disability, Veteran status or any other characteristic protected by federal, state or local law. Click hereto view the U.S. Pay Transparency Policy, here for federal job applicant notices, and here to view the California Employee Privacy Notice.
Reasonable accommodations are available for applicants with disabilities in all phases of the application and employment process. To request an accommodation please call (855) 756-2007 and choose option 9. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

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