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Credit Risk Manager Jobs in Rhode Island (NOW HIRING)

Risk management includes but is not limited to compliance risk, credit risk, liquidity risk, market risk, operations risk and systems risk as well as attention to physical building safety and ...

Risk management includes but is not limited to compliance risk, credit risk, liquidity risk, market risk, operations risk and systems risk as well as attention to physical building safety and ...

Risk management includes but is not limited to compliance risk, credit risk, liquidity risk, market risk, operations risk and systems risk as well as attention to physical building safety and ...

Risk management includes but is not limited to compliance risk, credit risk, liquidity risk, market risk, operations risk and systems risk as well as attention to physical building safety and ...

Risk management includes but is not limited to compliance risk, credit risk, liquidity risk, market risk, operations risk and systems risk as well as attention to physical building safety and ...

Risk management includes but is not limited to compliance risk, credit risk, liquidity risk, market risk, operations risk and systems risk as well as attention to physical building safety and ...

Risk management includes but is not limited to compliance risk, credit risk, liquidity risk, market risk, operations risk and systems risk as well as attention to physical building safety and ...

Risk management includes but is not limited to compliance risk, credit risk, liquidity risk, market risk, operations risk and systems risk as well as attention to physical building safety and ...

Risk management includes but is not limited to compliance risk, credit risk, liquidity risk, market risk, operations risk and systems risk as well as attention to physical building safety and ...

Risk management includes but is not limited to compliance risk, credit risk, liquidity risk, market risk, operations risk and systems risk as well as attention to physical building safety and ...

The Business Risk Specialist identifies, assesses, and mitigates credit and reputational risks at ... Proven ability to manage multiple priorities and collaborate with diverse groups in a fast-paced ...

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Credit Risk Manager information

See Rhode Island salary details

$84.7K

$155K

$234.5K

How much do credit risk manager jobs pay per year?

As of Jul 14, 2026, the average yearly pay for credit risk manager in Rhode Island is $155,037.00, according to ZipRecruiter salary data. Most workers in this role earn between $130,700.00 and $173,800.00 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.
What are the most commonly searched types of Credit Risk jobs in Rhode Island? The most popular types of Credit Risk jobs in Rhode Island are:
What are popular job titles related to Credit Risk Manager jobs in Rhode Island? For Credit Risk Manager jobs in Rhode Island, the most frequently searched job titles are:
What job categories do people searching Credit Risk Manager jobs in Rhode Island look for? The top searched job categories for Credit Risk Manager jobs in Rhode Island are:
What cities in Rhode Island are hiring for Credit Risk Manager jobs? Cities in Rhode Island with the most Credit Risk Manager job openings:
Regional Manager

Full-time

Posted 17 days ago


Job description

BankNewport celebrates being a community bank since 1819. Yes, that’s 200 years, and still growing. Offering new and exciting career opportunities, BankNewport is committed to providing our employees with the resources and guidance to develop careers that are challenging and rewarding.

 

So, if you’re looking for a great professional opportunity, know that BankNewport will empower and invest in you.

Under the general direction of the SVP/Director of Retail Banking, The Regional Manager is responsible for managing, developing and leading the retail branch teams in their regional territory.   This includes, but not limited to, providing effective leadership and guidance around sales, service, manager development skills, and overall effective performance of the branch network in alignment with bank’s objectives and the Retail sales and service standards.


Specific branches are assigned to Regional Territory:

  • Achievement of regional performance goals through our incentive program. Manages sales performance through coaching of Branch Managers to consistently meet sales and service goals as assigned.  Follows a structured coaching process that includes weekly follow up.  Serves as a role model, coach, and sales resource to all retail branch team members.
  • Responsible for the development of Branch Manager leadership skills to drive employee engagement within the branch team and overall employee retention. 
  • Directly responsible for the interviewing and hiring process of Branch Managers and indirectly with the branch employees within specific region.
  • Leads and coaches Branch Managers on consistent branch sales strategies around establishing new bank relationships and deepen existing relationships for consumers and small businesses throughout regional area.
  • Meets with Branch Managers regularly to determine action plan to achieve goals, overseeing their customer and business development efforts through sales and networking, ensure adherence to by coaching on our needs based sales process. Assist managers in planning effective business calls and accompanies them on select customer calls for coaching purposes. 
  • Ensures branch teams are delivering the highest level of customer service and responsiveness to both internal and external customers. 
  • Serves as a role model for internal and external communication. Addresses customer complaints with customers as they arise.
  • Conducts sales and product training for regional territory Branch teams as needed.   Responsible to train managers and banker on needs based selling in person and on the phone.
  • Reviews and makes recommendations for Retail branches business development strategy and sets branch incentive sales goals with Director of Retail Banking.
  • Provides regular feedback on sales measures and employees performance to Director of Retail Banking. Consistently communicate progress to sales team. 
  • Assists in building strong referral relationships between Mortgage Originators, Business Development Officers, Commercial Lenders, OPIA, POIS, Premier, Cash Management and Branch staff.  Represents Retail Division in interactions with other departments and vendors. 
  • Participates and represents Retail in various committees and project teams as needed. Responsible to ensure execution in branches for new product and initiative roll outs.
  • Represents the Bank through participation in community and industry related activities.  Actively promotes interest in the Bank whenever and wherever possible.
  • Working closely with the Retail Branch Operations Group, reduce, control and report risk in the most efficient manner. Risk management includes but is not limited to compliance risk, credit risk, liquidity risk, market risk, operations risk and systems risk as well as attention to physical building safety and security.
  • Responsible for identifying potential efficiency and process improvements.
  • Responsible for ensuring compliance with all procedures and applicable laws and regulations affecting their assigned duties and responsibilities.

  Requires traveling to and significant time spent in branches.

 

OTHER ACCOUNTABILITIES / RESPONSIBILITIES:

Performs related and unrelated duties as may be required.


  • Bachelor’s Degree or its equivalent with a minimum of 7 years of progressive experience in bank management, business development/networking with an emphasis on sales and training. 
  • Proven ability to mentor and coach others with strong presentation and networking experience. 
  • Excellent management, customer service and decision making skills.
  • Individual must be proficient with technology and Microsoft Office, specifically word and excel.
  • Attendance in office during normal business hours (at minimum) may be required in order to effectively coordinate with multiple departments, projects and outside entities.

SUPERVISORY SCOPE:

8-12 Branch Manager direct reports

Indirectly supervises remaining branch employees in their territory

INDEPENDENT ACTION:

Establishes and executes long-range plans and objectives within scope of bank-wide policies and goals.

BANKNEWPORT CORE VALUES:

  • We celebrate individuality
  • We empower employees to be creative problem solvers
  • We invest and take the time to really get to know our customers
  • We commit to serving the financial needs of Rhode Islanders

Any physical demands or work conditions described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

BankNewport is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity or expression, pregnancy, childbirth or related medical conditions, military service, marital status, or any other legally recognized protected basis under federal, state or local laws, regulations or ordinances.