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Credit Risk Manager Jobs in Maine (NOW HIRING)

... credit and collections, information technology, financial analysis, project management, people development, procurement, human resources, contract management, risk management, internal controls ...

... credit loans and commercial loans. * Responsible for risk and compliance within the banking center including but not limited to formal audit results. * Responsible for day-to-day management of ...

This role reports to the Director, Tax Planning, Audits and Risk Management. Responsibilities ... credits, and cash flow timing. * Contribute to the growth and development of team members.

This role reports to the Director, Tax Planning, Audits and Risk Management. Responsibilities ... credits, and cash flow timing. * Contribute to the growth and development of team members.

... LIHTC Risk Management team to ensure seamless customer service and responsiveness during project construction, lease up, and first year credit delivery. * Work with staff within and across ...

... LIHTC Risk Management team to ensure seamless customer service and responsiveness during project construction, lease up, and first year credit delivery. * Work with staff within and across ...

... LIHTC Risk Management team to ensure seamless customer service and responsiveness during project construction, lease up, and first year credit delivery. * Work with staff within and across ...

Showing results 41-60

Credit Risk Manager information

See Maine salary details

$83.7K

$153.3K

$231.9K

How much do credit risk manager jobs pay per year?

As of Aug 7, 2026, the average yearly pay for credit risk manager in Maine is $153,278.00, according to ZipRecruiter salary data. Most workers in this role earn between $129,300.00 and $171,900.00 per year, depending on experience, location, and employer.

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 a credit risk manager?

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 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.

What are the most commonly searched types of Credit Risk jobs in Maine? The most popular types of Credit Risk jobs in Maine are:
What are popular job titles related to Credit Risk Manager jobs in Maine? For Credit Risk Manager jobs in Maine, the most frequently searched job titles are:
What cities in Maine are hiring for Credit Risk Manager jobs? Cities in Maine with the most Credit Risk Manager job openings:
Infographic showing various Credit Risk Manager job openings in Maine as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $153,278 per year, or $73.7 per hour.

$77K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 13 days ago


Job description

Description

Primary Purpose of Position: The Portfolio Manager oversees the day-to-day program administration of all projects in MaineHousing's multifamily portfolio for compliance with all federal, state, and program regulations; and the Agency's Asset Management functions regarding performance, reporting and risk evaluation of its multi-family loan portfolio; and supervises assigned staff. 


Core Functions:

Supervise, coach, and develop staff

-Provide guidance to staff in performance of their job responsibilities and resolving problem situations

-Conduct regular coaching sessions with staff

-Work with staff to develop department and individual goals

-Determine and realize training needs of staff 


Coordinate and streamline department workflow

o Assign new projects to staff, and adjust portfolios as needed

o Ensure completion and accuracy of work performed by staff

o Draft, review, revise, and monitor policies and procedures for consistency

o Implement new policies to address changes in Federal or State regulations


Coordinate interagency workflow

o Coordinate all requests for information

o Work with the Development Department in new loan reviews

o Work with the Legal Department to review and provide suggestions for legal documents regarding management issues for pending closings

o Work with the Finance Department on supplying information on mortgage delinquencies, mortgage discharge process, and the multiple lists of projects with assigned staff

o Represent the Asset Management Department on internal inter-Departmental Committees


Program and policy planning and design

o Provide technical assistance, verbally and in writing, of existing programs

o Participate in the development of new programs


Develop, coordinate, and facilitate training programs for staff and external partners

o Identify training needs of staff and partners, and provide guidance to staff conducting trainings

o Prepare, coordinate, and train staff on multifamily programs including regulations, monitoring requirements, submission requirements, audited financial statements, and budgets

o Prepare, coordinate, and train staff on occupancy, loan document, and financial reviews

o Prepare, coordinate, and train external partners on occupancy, Fair Housing, and 504 issues


Oversee the resolution of troubled assets and risk evaluation

o Coordinate meetings of the Risk Assessment Committee

o Work with staff on developing strategies to improve the performance of troubled assets. 

o Regularly report the status of troubled assets to the Director of Asset Management, Legal Department and Finance Departments

o Participate in risk rating activities of the Department

o Oversee the multifamily REO portfolio

o Property Insurance evaluation and compliance

o Manage the administration of project escrows held by MaineHousing in the Federated accounts


Manage customer and partner relations

o Provide technical assistance, verbally and in writing, to partners, customers, and other MaineHousing employees

o Interpret and communicate MaineHousing guidelines

o Meet and communicate with partners to assist in the resolution of troubled projects

o Provide assistance through phone calls, written communication, face-to-face visits, and formal presentations


Direct and implement special projects assigned by the Director of Asset Management


Oversee compliance reporting to the IRS and Treasury on the LIHTC and 1602 Programs 


Oversee compliance reporting to HUD for the various HUD programs affecting the portfolio to include the PBCA contract, Fed HOME, Housing Trust Fund (HTF), HOME-ARP


Other duties as assigned

Requirements

Education and Experience: Education and six years of relevant work experience or a combination of education and training preferred. Experience of comprehending and interpreting legal documents and regulatory guidelines, and experience with the affordable housing industry highly desired and two years of management or coaching experience preferred.


Certifications and Licenses: 

  • Certified Occupancy Specialist Training (COS)*
  • Tax Credit Specialist Training (TCS)*
  • Federal HOME, HTF and HOME-ARP Program Training*
  • General Asset Management Training (Risk Assessments, Real Estate, etc.) *
  • Fair Housing/Section 504/ADA Training*
  • Underwriting Training or Experience
  • Develop competency with multiple department databases: Prolink, HDS, HUD Secure Systems 

*Training and certifications to be obtained within the first year of employment or as the courses become available 


Skills and Knowledge: 

Demonstrated ability to effectively manage people and lead teams 

Experience working with multifamily real estate

Ability to understand and interpret regulatory documents and State and Federal statutes and regulations

Experience working with multifamily real estate

Ability to understand and interpret regulatory documents and State and Federal statutes and regulations

Strong project management, time management, and organizational skills

Strong PC skills using various software including Microsoft 365 (especially Word and Excel), ShareFile/SharePoint, Windows, internet browsers

Ability to establish and maintain good working relationships with business partners

Excellent communication skills - speaking, writing, and listening via phone, email, and in-person meetings

Ability to communicate effectively in front of groups

Ability to take initiative, work independently, and use creativity and analytical skills to resolve complex issues among multiple parties


Working Conditions:

Fast paced environment with multiple priorities, interruptions & deadlines. MaineHousing office hours are Monday - Friday from 8:00am to 5:00pm.


Reports to: Director of Asset Management                  Supervises: 13 staff members


The salary range for this position is $77,979 - $116,970.  All new employees will start at $77,979, unless otherwise agreed to by MaineHousing.  MaineHousing also offers a comprehensive benefits package, including, but not limited to, health, dental and vision, retirement options with employer match, life insurance, short and long-term disability, employee assistance, generous earned time and all major federal holidays. Employment is eligible for the Public Service Loan Forgiveness Program. 


**Position will remain open until a suitable candidate is found**