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Credit Risk Manager Jobs in New Jersey (NOW HIRING)

Credit Analyst

Edison, NJ · On-site

$99K - $163K/yr

Within the Business Insurance Credit Risk Management team at Travelers, credit analysts play a critical role in managing the credit risk exposure created by loss sensitive insurance programs. As a ...

Support with development and oversee implementation of credit risk management strategies and policies. Identify and analyze trends and patterns related to credit risk and provide recommendations to ...

Credit Analyst

Morristown, NJ · On-site

$99K - $163K/yr

Within the Business Insurance Credit Risk Management team at Travelers, credit analysts play a critical role in managing the credit risk exposure created by loss sensitive insurance programs. As a ...

This role supports Consumer Real Estate Credit Risk within Enterprise Credit Risk, providing ... Risk Management * Stakeholder Management * Business Acumen * Continuous Improvement * Issue ...

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 ...

Showing results 41-60

Credit Risk Manager information

See New Jersey salary details

$87.8K

$160.7K

$243.2K

How much do credit risk manager jobs pay per year?

As of Sep 7, 2026, the average yearly pay for credit risk manager in New Jersey is $160,724.00, according to ZipRecruiter salary data. Most workers in this role earn between $135,500.00 and $180,200.00 per year, depending on experience, location, and employer.

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 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 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.

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 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.

How much do credit risk managers make in the US?

Credit risk managers in the US typically earn a median annual salary of around $85,000 to $125,000, with experienced professionals and those in senior roles earning higher. Salaries can vary based on industry, location, and level of experience, and certifications like CFA or FRM can enhance earning potential.

What are the most commonly searched types of Credit Risk jobs in New Jersey?

The most popular types of Credit Risk jobs in New Jersey are:

What are popular job titles related to Credit Risk Manager jobs in New Jersey?

For Credit Risk Manager jobs in New Jersey, the most frequently searched job titles are:

What cities in New Jersey are hiring for Credit Risk Manager jobs?

Cities in New Jersey with the most Credit Risk Manager job openings:

Infographic showing various Credit Risk Manager job openings in New Jersey as of August 2026, with employment types broken down into 84% Full Time, 12% Part Time, 2% Temporary, and 2% Contract. Highlights an 79% Physical, 3% Hybrid, and 18% Remote job distribution, with an average salary of $160,724 per year, or $77.3 per hour.

Counterparty Credit Risk Intern [2027 Internship Program]

DTCC

Jersey City, NJ • On-site

$27 - $40/hr

Full-time

Posted 13 days ago


Job description


Build Your Future at DTCC
As a Counterparty Credit Risk Intern, you will gain exposure to how DTCC assesses and monitors the credit risk profile of member firms, treasury investment counterparties, line of credit providers, and critical third parties. The Counterparty Credit Risk team reviews financial statements, regulatory filings, negative news, macroeconomic trends, and other relevant information to evaluate the financial stability and creditworthiness of these firms. You will support ongoing monitoring, annual review activities, and process improvement efforts while building a practical understanding of credit risk management in the financial services industry.
At DTCC, interns contribute to meaningful work while learning how the financial markets operate behind the scenes. You will be part of a structured summer experience that combines team-based project work, training, feedback, mentorship, and opportunities to connect with leaders and peers.
About the Summer Internship Program
The Summer Internship Program is a 10-week experience designed to build a strong foundation for early-career talent. The program includes orientation, training, manager engagement, feedback milestones, networking, and development experiences that help students explore potential full-time career paths, including EDGE where applicable.
What you will gain
  • Hands-on work connected to real business priorities, not only observation or administrative tasks.
  • Structured orientation and training to help you understand DTCC, the industry, and your business area.
  • Manager support, mentorship, peer connection, and opportunities to build your network.
  • Development experiences focused on communication, feedback, professional skills, and career readiness.
  • Mid-point and final feedback to help you understand your strengths, development areas, and potential next steps.
  • Exposure to DTCC culture, values, and community engagement.

What you will do
Role Responsibilities
In this role, you will support the Counterparty Credit Risk team in monitoring the credit risk profile of firms consisting primarily of banks, broker-dealers, and other financial counterparties.
  • Assist with annual credit reviews by gathering and reviewing financial statements, regulatory filings, and other information used to assess firms' credit risk profiles.
  • Support ongoing surveillance of monthly and quarterly financial data, negative news, and macroeconomic or regulatory developments that may impact member firms and counterparties.
  • Maintain and update tools and trackers used in the credit risk monitoring process, including the credit risk rating matrix model and related supporting documentation.
  • Analyze team procedures and workflows to identify opportunities to streamline processes, improve documentation, and support automation or reporting enhancements.
  • Participate in team meetings, research efforts, ad hoc projects, and cross-functional initiatives that support CCR's mandate to monitor and manage counterparty credit risk.

What will help you succeed
Required
  • Currently pursuing a bachelor's or master's degree in Business, Economics, Finance, or Accounting or any other related field
  • Expected graduation date: Spring 2028
  • Minimum GPA: 3.2
  • Authorization to work permanently in the United States without current or future sponsorship.

Preferred
  • Coursework, projects, prior work, internship, student organization, volunteer, or leadership experience related to the role.
  • Interest in financial services, technology, operations, risk, data, business, or the specific business area.
  • Knowledge of financial statement analysis, utilizing knowledge gained in courses such as financial markets analysis and accounting

What makes you successful
  • Curiosity, initiative, and willingness to ask questions.
  • Strong communication, organization, and follow-through.
  • Analytical thinking and attention to detail.
  • Ability to use feedback and adapt as you learn.
  • Collaboration, professionalism, and accountability.

Benefits and work model
  • Competitive hourly compensation.
  • Hybrid work model: 3 days in office and 2 days remote, based on team schedule.

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.