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Credit Risk Manager Jobs in New York (NOW HIRING)

Director, Credit Risk Review

New York, NY · On-site

$216K - $273K/yr

Risk Management | Credit Risk Review | Director, Credit Risk Review | New York About ING : In Americas, ING's Wholesale Banking division offers a broad range of innovative financial products and ...

Risk Management / Credit Risk Management Location: New York, NY (Hybrid - 3 days in office) Employment Type: Full-time Reports to: Head of Credit Risk Analytics & Modeling Visa Sponsorship: Not ...

Position Overview An indirect wholly owned subsidiary of Apollo Management Holdings, AASP Risk ... Private Credit Finance ATLAS SP's financing lines, or facilities, are secured by financial assets ...

\n \n \n Prestigious international bank seeks a Credit Risk Analyst responsible for credit risk management and related administrative work for Corporate Finance Department. Works with and assists the ...

Manager of Credit Risk

Iselin, NJ · On-site

$100K - $120K/yr

S. credit bureau data, risk scorecards, and debt service coverage ratios * Knowledge of cashflow underwriting and artificial intelligence modeling * Managing several projects simultaneously and ...

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Credit Risk Manager information

See New York salary details

$94.6K

$173.2K

$262K

How much do credit risk manager jobs pay per year?

As of Jun 14, 2026, the average yearly pay for credit risk manager in New York is $173,199.00, according to ZipRecruiter salary data. Most workers in this role earn between $146,100.00 and $194,200.00 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 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 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 New York? The most popular types of Credit Risk jobs in New York are:
What are popular job titles related to Credit Risk Manager jobs in New York? For Credit Risk Manager jobs in New York, the most frequently searched job titles are:
What job categories do people searching Credit Risk Manager jobs in New York look for? The top searched job categories for Credit Risk Manager jobs in New York are:
What cities in New York are hiring for Credit Risk Manager jobs? Cities in New York with the most Credit Risk Manager job openings:

Director, Credit Risk Review

ING Group

New York, NY • On-site

$216K - $273K/yr

Full-time

Medical, Retirement, PTO

Posted 18 days ago


Job description

Risk Management | Credit Risk Review | Director, Credit Risk Review | New York
About ING:
In Americas, ING's Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients.
When you come to work at ING, you're joining a team where individuality isn't just accepted, it's encouraged. We've built a culture that's fun, friendly and supportive - it's the kind of place where you can be yourself and make the most of whatever you have to offer.
We give people the freedom to take risks, think differently, take ownership of their work, and make great things happen. We're here to help you get ahead. And with our global network, there's plenty of scope to take your career in new directions, perhaps even ones you've never considered. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.
Sound like the kind of place you'd feel at home? We'd love to hear from you.
About the position:
Collaboratively, execute effective, credible challenge to the credit risk management practices of 1st and 2nd Lines of Defense (LoD). Responsibilities will range from individual obligor and portfolio reviews to management of CRR teams as Reviewer-in-Charge (RIC). Required NYC-Midtown presence 3 days per week.
About the department:
Reporting to the Head of Credit Risk Review (CRR HoD), a CRR Director is sufficiently experienced to capably execute most business-as-usual functioning for the group. A Director will be capable of representing CRR in the absence of the CRR HoD or otherwise as needed.
Responsibilities:
  • Collaborate with the CRR HoD to implement and continuously evolve the strategic vision for the function including the refinement of policies, frameworks, and methodologies.
  • Promote culture of collaboration, high performance and continuous improvement through behavior and engagement.
  • Balance collaborative engagement with credit risk managers and effective, credible challenge of practices.
  • Willing and able to develop credit risk management opinions that appropriately and successfully challenge the status quo.
  • As SME, undertake Risk Assessments and Continuous Monitoring to review assigned portfolios, independently identifying the credit risk profile and anticipated changes, while also evaluating compliance with internal policies and regulatory expectations. Develop and refine sector and/or product-type expertise to support credibility of the CRR challenge to 1st and 2nd LoD credit risk managers.
  • Execute Target Reviews/Examinations of individual obligors for alignment with bank credit risk standards including accurate and timely credit risk rating designations.
  • When acting as RIC, evaluate work of CRR team members to ensure high-quality and consistent outputs, undertaking primary evaluations of credit exposures and portfolios as necessary.
  • Initiate Issue Validation Reviews to evaluate the effectiveness of management's remedial actions to address CRR-identified formal issues.
  • Act as a senior escalation point for complex or contentious reviews, providing balanced and well-informed judgments.
  • Lead or assist with special projects as needed (e.g., CRR enhancement, credit risk postmortem, etc.).

Qualifications and Competencies
  • Undergraduate degree
  • 12+ year experience with wholesale credit risk management.
  • Extensive experience with assignment of U.S. bank regulatory risk ratings
  • Effective communication skills for presenting complex ideas to diverse stakeholders
  • Sector Experience within Energy & Power (Upstream, Midstream, Downstream, Renewables, and Utilities) plus one or more of the following industries / product types: Asset Based Lending, Asset Securitizations, Commercial Real Estate, Funds Finance, Leveraged Lending, Mining, & Project Finance.
  • Demonstrated experience with effectively challenging decision makers.
  • A collaborative mindset with a focus on problem-solving and continuous improvement.

Preferred:
  • Bank regulator/examiner experience.
  • CRR team membership experience.
  • Education - Graduate Degree or Chartered Financial Analyst Accreditation

Salary Range $216,000-273,000
The salary range listed reflects base salary only. This role is eligible for participation in a discretionary bonus program.
In addition to comprehensive health benefits, a generous 401k savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for expenses associated with commuting and fitness.
ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to race, gender, religion, national origin, citizenship, disability, age, sexual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.
ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products and services.