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Credit Risk Manager Jobs in Rhode Island (NOW HIRING)

... in risk rating and commercial loan documentation. Support the management of a portfolio of ... Participate in key credit processes such as Impairments, PAR reporting, Key Credit Metrics, and ...

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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 Jun 23, 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.

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 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:

Collections Specialist

Parsons Kellogg

East Providence, RI • On-site

$50K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 1 hour ago


Job description

Fuel ParsonsKellogg's Growth! Join our dedicated Finance team as Collections Specialist and become a driving force behind the continued success of ParsonsKellogg.


ParsonsKellogg provides the infrastructure and resources you need to succeed. From our state-of-the-art in-house decoration facility to direct relationships with premier brands like Patagonia, Peter Millar, Lululemon, and YETI, we offer a distinct advantage. Partner with our talented creative team, leverage our product showroom, and utilize powerful CRM tools. Join ParsonsKellogg and experience the foundation for a thriving career.


Job Summary:

ParsonsKellogg is seeking a talented and proactive Collections Specialist to join our team. The Collections Specialist is responsible for managing and maintaining the company’s accounts receivable portfolio by ensuring timely collection of outstanding balances, evaluating and approving customer credit, and supporting order processing and returns. This role works cross-functionally with Sales and Accounts Payable to resolve discrepancies, manage credit risk, and maintain strong customer relationships while protecting the company’s financial interests.


Compensation: $50,000 Annually


Job Responsibilities:

  • Record invoices with accuracy and efficiency, ensuring timely posting into the accounting system.
  • Proactively manage daily collections, utilizing effective communication and collection strategies.
  • Conduct regular account status reviews, analyzing aging reports and payment trends to identify delinquent accounts and prioritize collection efforts.
  • Prepare and distribute detailed reporting on customer payment status, including risk assessments and escalation recommendations for leadership.
  • Create and process salesreturnsin a timely manner. Follow up with internal operations teamand external vendors on statusof returns.
  • Assist customer service in setting up new customers and getting valid tax exemption certificates on file.
  • Evaluate and process customer credit applications by analyzing credit reportsand trade references.
  • Approve or recommend credit limits in alignment with company policies and risk tolerance.
  • Provide support and guidance on credit policies and account status.
  • Assist with process improvements to enhance efficiency and reduce risk.

Job Requirements:

  • 2+ years of experience in collections, accounts receivable, or credit management (preferred, but not required).
  • Strong knowledge of AR processes including invoicing, payment application, credits/return processing, and customer communication (preferred, but not required).
  • Strong understanding of credit and collections processes.
  • Strong organizational skills with ability to manage multiple deadlines and prioritize effectively. High attention to detail and comfort working within deadlines and under pressure.
  • Excellent written and verbal communication skills; ability to work cross-functionally with Sales and Operations.
  • Articulate and active listener, able to build rapport and convey information clearly and persuasively across diverse audiences.
  • Comfortable navigating various digital platforms and learning new software quickly.
  • The role involves primarily seated work, but flexibility to stand or move around at your discretion is encouraged.


At PK, we provide a comprehensive benefits program designed to offer long-term financial security and a healthy work-life balance for all our employees:


  • Paid Time Off: 3 weeks of paid vacation and 13 paid holidays per year.
  • Retirement Planning: 401k and Roth options with a competitive company match.
  • Profit Sharing: Direct participation in the company’s financial success through profit-sharing plans.
  • Health Insurance: Access to a variety of affordable medical, dental, and vision options.
  • Employee Support: Comprehensive Employee Assistance Programs (EAP) for personal and professional well-being.


ParsonsKellogg is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, pregnancy, disability, age, veteran status, or other characteristics.