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Credit Risk Manager Jobs in Virginia (NOW HIRING)

Credit Manager

Charlottesville, VA · On-site

$75K - $85K/yr

... based on risk profile, customer segment (dealer, commercial, residential), and contractual ... experience managing commercial and/or wholesale credit environments, preferably in fuel ...

Credit Manager

Monticello, VA · On-site

$75K - $85K/yr

... based on risk profile, customer segment (dealer, commercial, residential), and contractual ... experience managing commercial and/or wholesale credit environments, preferably in fuel ...

This person will design, implement, and optimize strategies across the credit lifecycle to enhance risk management, improve decision-making, and drive business growth. This role requires deep ...

Credit Officer

Reston, VA · On-site

$155K - $259K/yr

Provides guidance/mentoring to both credit support personnel and relationship managers on risk ... management issues as requested or otherwise deemed necessary or appropriate. * Discusses credits ...

Credit Officer

Reston, VA · On-site

$155K - $259K/yr

Provides guidance/mentoring to both credit support personnel and relationship managers on risk ... management issues as requested or otherwise deemed necessary or appropriate. * Discusses credits ...

Credit Officer

Reston, VA · On-site

$155K - $259K/yr

Provides guidance/mentoring to both credit support personnel and relationship managers on risk ... management issues as requested or otherwise deemed necessary or appropriate. * Discusses credits ...

The job works closely with the Relationship Manager and Credit Officer to ensure consistency with the TD Bank Groups Risk Appetite Principles, including establishing the Borrower Risk Ratings and ...

Requires a bachelor's or foreign equivalent degree in Accounting, Finance, Business Administration, or a related field and 8 years of experience working in credit risk management, selection of trade ...

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Credit Risk Manager information

See Virginia salary details

$85.8K

$157K

$237.4K

How much do credit risk manager jobs pay per year?

As of Jul 9, 2026, the average yearly pay for credit risk manager in Virginia is $156,954.00, according to ZipRecruiter salary data. Most workers in this role earn between $132,400.00 and $176,000.00 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 Virginia? The most popular types of Credit Risk jobs in Virginia are:
What are popular job titles related to Credit Risk Manager jobs in Virginia? For Credit Risk Manager jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Credit Risk Manager jobs in Virginia look for? The top searched job categories for Credit Risk Manager jobs in Virginia are:
What cities in Virginia are hiring for Credit Risk Manager jobs? Cities in Virginia with the most Credit Risk Manager job openings:
Credit Manager

Credit Manager

Tiger Fuel Company

Charlottesville, VA • On-site

$75K - $85K/yr

Full-time

This job post has expired today. Applications are no longer accepted.


Tiger Fuel rating

5.3

Company rating: 5.3 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

336th of 358 rated retail wholesalers


Job description

Description:

Tiger is seeking an experienced Credit Manager to be responsible for safeguarding company assets by evaluating customer creditworthiness, optimizing accounts receivable performance, and implementing best-in-class credit and collections processes.


Some key responsibilities include:

· Evaluate the creditworthiness of new and existing customers using financial analysis, credit bureau data (e.g., CreditSafe, Equifax), trade references, and internal payment history.

· Establish and maintain appropriate credit limits and payment terms based on risk profile, customer segment (dealer, commercial, residential), and contractual agreements.

· Continuously monitor customer credit exposure and proactively adjust limits or terms based on changing financial conditions or market risk.

· Assess industry-specific risks, including fuel price volatility, seasonality, and dealer margin pressures, and incorporate into credit decisions.

· Help design and implement structured collection strategies, including dunning schedules, delivery holds, COD conversions, and account suspension protocols.

· Monitor AR aging trends and key metrics (DSO, past due %, bad debt expense) and drive continuous improvement initiatives.

· Performs customer account analysis and reconciliations on a routine basis, identifying and correcting errors as noted; recommend actions by interpreting customer performance and account data.

· Lead collection efforts on high-risk and escalated accounts, negotiating payment plans while protecting company interests.

· Partner with billing and cash application teams to resolve disputes, short pays, and misapplied payments efficiently.

· Manage the end-to-end legal recovery process for delinquent accounts, including preparation and submission of claims through appropriate court systems (e.g., small claims, district, or circuit courts).

· Coordinate with legal counsel on filings, judgments, liens, and garnishments as necessary.

· Promote the “Tiger Way” and our cycle of success by building high quality relationships with employees, customers, and outside vendors.

· Perform other duties as required and assigned.

Requirements:

· Bachelor’s degree in Accounting, Finance, Business Administration, or a related field

· Professional certifications such as Certified Credit Executive (CCE) or Certified Credit & Risk Analyst (CCRA) preferred

· 5–8 years of progressive experience in credit, accounts receivable, or financial risk management roles

· Direct experience managing commercial and/or wholesale credit environments, preferably in fuel distribution, energy, logistics, or similarly high-volume, transactional industries

· Proven experience handling delinquent accounts through legal recovery processes, including court filings, judgments, liens, and coordination with legal counsel

· Excellent oral and written communication skills, with the ability to communicate financial information to customers and management.

· Proficiency with Microsoft Office Suite, especially Microsoft Excel

· Passionate about quality work and delivering best-in-class “Tiger Way” customer service support.

· Able to learn new technologies, quickly becoming the expert of a rapidly evolving set of technology needs.


Compensation details: 75000-85000 Yearly Salary


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