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Credit Risk Manager Jobs in Austin, TX (NOW HIRING)

PNC Bank

Relationship Mgr III - C&IB

Austin, TX · On-site

Manages risk/return and drives quality for new and/or existing clients. Actively identifies and mitigates different types of risk, such as regulatory, reputational, operational and credit risks.

Truist

Commercial Real Estate Banker III

Austin, TX · On-site

... risk management by maintaining satisfactory credit risk standards, risk review assessments, audit results and compliance results. 5. Prepare and deliver presentations to senior line of business ...

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All JobsCredit Risk JobsCredit Risk Manager JobsCredit Risk Manager Jobs in Austin, TX

Credit Risk Manager information

See Austin, TX salary details

$85.7K

$156.9K

$237.3K

How much do credit risk manager jobs pay per year?

As of Jul 13, 2026, the average yearly pay for credit risk manager in Austin, TX is $156,883.00, according to ZipRecruiter salary data. Most workers in this role earn between $132,300.00 and $175,900.00 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.
More about Credit Risk Manager jobs
What are the most commonly searched types of Credit Risk jobs in Austin, TX? The most popular types of Credit Risk jobs in Austin, TX are:
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What job categories do people searching Credit Risk Manager jobs in Austin, TX look for? The top searched job categories for Credit Risk Manager jobs in Austin, TX are:
What cities near Austin, TX are hiring for Credit Risk Manager jobs? Cities near Austin, TX with the most Credit Risk Manager job openings:
Credit Risk Manager jobs near you
Structured Finance - Structured Credit Alternative Products, Director - Austin

Structured Finance - Structured Credit Alternative Products, Director - Austin

Fitch Group

Austin, TX • On-site

Full-time

Retirement

Posted 22 days ago

Job description

As one of the world's top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing supplementary credit analysis, ratings, research, and commentary to financial market participants. For over 100 years, Fitch Ratings has been creating value for global markets through its rigorous analysis and deep expertise, which have resulted in a variety of market leading tools, methodologies, indices, research, and analytical products. Fitch Ratings is part of Fitch Group, a global leader in financial information services with operations in more than 30 countries, which also includes Fitch Solutions. With dual headquarters in London and New York, Fitch Group is owned by Hearst.
At Fitch Ratings, credit analysts play a pivotal role in moving markets, as quality credit analysis is the lifeblood of our organization. With a legacy of over a century, our unique approach to credit ratings offers unmatched opportunities for professional growth. Embracing a "challenger mindset," you'll join a team dedicated to innovating service to our clients. Our people-driven analysis thrives on collaboration across all levels and locations, surpassing traditional financial modeling. Lastly, as part of our global community, you'll find inspiration, challenge, and support, with ample opportunities for visibility and influence in the global financial marketplace.
Want to learn more about a career as a credit analyst at Fitch Ratings? Visit: https://careers.fitch.group
Fitch Ratings is seeking a Director to join its Structured Credit Alternative Products group in our Austin office.
The individual will focus on new transaction proposals that incorporate securitization principals of various types of rated note feeders, synthetic risk transfers, structured credit loan facilities, CLO lite structures, and other private credit transactions backed by debt.
About the Team:
  • A collaborative, team-oriented work environment where excellent communication skills are essential
  • An opportunity to be a lead coverage analyst at a global rating agency
  • A role that aids debt capital markets in making more informed decisions through timely, insightful, and forward-looking rating actions and research

How You'll Make an Impact:
  • Analyze critical credit, legal, and structural elements of transaction proposals
  • Acting as primary or secondary analyst for transaction ratings in a highly dynamic sector. This includes forming analytical views and recommendations, presenting these to rating committees and defending credit views in discussions with issuers and investors
  • Contribute to the development of rating criteria, including forming recommendations to bolster analysis and iteratively improve existing frameworks
  • Lead and/or support sector trend research reports and projects

You May be a Good Fit if:
  • You hold a Bachelor's or Master's degree in a quantitative discipline such as finance, accounting, or economics
  • You have at least 8 years of experience in the financial industry, preferably but not necessarily related to Structured Credit, Structured Finance, Fund Finance or Corporate Direct Lending
  • You possess strong analytical thinking, intellectual curiosity, and attention to detail
  • You demonstrate a high level of personal responsibility, initiative, and self-management
  • You are proficient with the Microsoft Office suite; knowledge of programming languages is a plus but not required

What Would Make You Stand Out:
  • Ability to convey complex subjects clearly and concisely
  • Open-mindedness and ability to understand alternative viewpoints
  • Demonstrated competency in credit analysis
  • Proficiency with rating agency methodologies and experience assessing credit risk

Why Choose Fitch:
  • Hybrid Work Environment: 3 days a week in office required based on your line of business and location
  • A Culture of Learning & Mobility: Dedicated trainings, leadership development and mentorship programs designed to ensure that your time at Fitch will be a continuous learning opportunity
  • Investing in Your Future: Retirement planning and tuition reimbursement programs that empower you to achieve your short and long-term goals
  • Promoting Health & Wellbeing: Comprehensive healthcare offerings that enable physical, mental, financial, social, and occupational wellbeing
  • Supportive Parenting Policies: Family-friendly policies, including a generous global parental leave plan, designed to help you balance career and family life effectively
  • Inclusive Work Environment: A collaborative workplace where all voices are valued, with Employee Resource Groups that unite and empower our colleagues around the globe

Fitch is committed to providing global securities markets with objective, timely, independent and forward-looking credit opinions. To protect Fitch's credibility and reputation, our employees must take every precaution to avoid conflicts of interest or any appearance of a conflict of interest. Should you be successful in the recruitment process at Fitch Ratings you will be asked to declare any securities holdings and other potential conflicts prior to commencing employment. If you, or your immediate family, have any holdings that may conflict with your work responsibilities, you may be asked to divest yourself of them before beginning work.
Fitch is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
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