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Credit Risk Manager Jobs in Berwick, PA (NOW HIRING)

PNC Bank

Relationship Manager III - C&IB

Exchange, PA · 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.

Hancock Whitney Bank

Commercial Banker

Exchange, PA · On-site

Manages a portfolio of up to 75 clients with credit outstanding up to $100MM. Business development ... Partners with the Commercial Underwriter to assess the customer's credit risk and structure a ...

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All JobsCredit Risk JobsCredit Risk Manager JobsCredit Risk Manager Jobs in Berwick, PA

Credit Risk Manager information

See Berwick, PA salary details

$83.1K

$152.1K

$230.1K

How much do credit risk manager jobs pay per year?

As of Jul 26, 2026, the average yearly pay for credit risk manager in Berwick, PA is $152,107.00, according to ZipRecruiter salary data. Most workers in this role earn between $128,300.00 and $170,500.00 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 job categories do people searching Credit Risk Manager jobs in Berwick, PA look for? The top searched job categories for Credit Risk Manager jobs in Berwick, PA are:
What cities near Berwick, PA are hiring for Credit Risk Manager jobs? Cities near Berwick, PA with the most Credit Risk Manager job openings:
Credit Risk Manager jobs near you
Commercial Credit Lead - Engineering & Construction

Commercial Credit Lead - Engineering & Construction

M&T Bank

Wilkes Barre, PA • On-site

Full-time

Posted 15 days ago

M&T Bank rating

7.8

Company rating: 7.8 out of 10

Based on 185 frontline employees who took The Breakroom Quiz

88th of 170 rated banks

Job description

Hybrid: Four days a week in the office
Location: This role is open to any location within the M&T Bank commercial footprint.
Overview
The Commercial Credit Lead plays a vital role in assessing and managing credit risk for commercial clients at M&T Bank. This individual contributor senior, client-facing position involves analyzing financial statements, structuring credit solutions, negotiating legal documents, and obtaining credit approval while ensuring compliance with credit policies and regulatory requirements.
This role specializes in Engineering & Construction (E&C) relationships, which require underwriting expertise related to contractor cash flow, working capital dynamics, backlog and work-in-process (WIP), bonding and surety considerations, and complex legal structures.
The Commercial Credit Lead manages a transaction team and collaborates closely with relationship managers (RM), risk officers, and other stakeholders to facilitate sound credit decisions and maintain portfolio quality.
Primary Responsibilities
  • Facilitate the credit needs of customers by underwriting new requests and material modifications from deal screen through approval and for the life of the loan. This analysis may include recommending adding or removing conditions.
  • Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities enabling the timely identification of emerging credit risk so that appropriate actions can be taken to manage the risk, minimize losses and assign an accurate risk rating. A CCM program includes but is not limited to annual reviews (and PLRs and Guarantor Assessments), interim update memos, a covenant monitoring program, problem loan management, early warning indicators, and other forms of credit surveillance.
  • Review all pertinent credit and financial information, including but not limited to financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research and peer data. For E&C borrowers, this review specifically includes WIP schedules, backlog reports, contract profitability, AR/AP aging, bonding capacity, and surety relationships.
  • Analyze financial information and related materials and complete the credit analyses for the Bank's commercial transactions. Written analyses to include an independent credit quality assessment with well-supported risk rating, identification of and description of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues of respective deals.
  • Make appropriate structure recommendations based on an analysis and evaluation of scenarios including the company's case, bank's base case and a downside case. For E&C relationships, evaluate sources of repayment with primary reliance on operating cash flow and working capital, and secondary reliance on hard collateral such as real estate or equipment, recognizing the limited distressed value of accounts receivable and retainage.
  • As part of managing the ongoing credit risk of existing portfolios, identify suspicious activity and activity that may be contrary to customer's interest.
  • Partner proactively with relationship managers, and be intimately involved throughout the deal process, from deal screen through approval and for the life of the loan to maintain timely and accurate risk ratings for a portfolio of commercial credits.
  • Spread financial statements and prepare financial models designed to sensitize various conditions impacting the proposed transaction. For E&C borrowers, perform multi-year trend analysis emphasizing liquidity, leverage, cash flow volatility, project execution risk, and concentration risk.
  • Prepare cash flow, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis as appropriate.
  • Attend client/prospect calls with RMs to gain a thorough understanding of the client/prospect and their business to effectively analyze and underwrite the proposed transaction. For E&C borrowers, develop an understanding of project mix, delivery method, contract types, geographic exposure, and subcontractor concentration. Based on underwriting parameters, recommend the risk rating.
  • Prepare summary, present facts, and offers opinions concerning creditworthiness.
  • Propose the structure of loan requests, where appropriate, to include suggestions on terms, conditions, collateral, and guarantors. Structures for E&C borrowers may include revolving credit facilities primarily supporting bonding requirements, term debt, equipment financing, owner-occupied real estate, and letters of credit, with appropriate covenants and controls.
  • Displays deep understanding of financial regulatory environment as it applies to underwriting most forms of commercial credit transactions. Demonstrates specific understanding of E&C underwriting guidelines, underwriting variances, and related credit policy expectations.
  • Ensure credit policy compliance by verifying adherence of underwriting to the Commercial Credit Policy, and evaluating any risk associated with non-compliance. Identify, document, and monitor underwriting variances in accordance with policy.
  • Present analysis or address questions during credit request discussions or committee presentations.
  • Understand and adhere to the Company's risk and regulatory standards, policies, and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.

Scope of Responsibilities
Commercial Credit is responsible for the credit delivery of the Bank's commercial clients. Credit assessments range from initial analyses of new relationships to the Bank to material modifications or restructurings of long-term relationships and ongoing monitoring through the life of the loan. Commercial Credit is also responsible for ensuring the accurate completion of the Bank's risk rating scorecards and financial statement spreads. The work completed in this capacity is used to make credit decisions for new or renewed or amended credit transactions.
Within Engineering & Construction, this role supports some of the largest and most complex portfolios and requires heightened judgment, independence, and technical expertise.
The position interacts with commercial banking RMs and sales leadership throughout the bank's footprint and industry verticals, as well as other internal personnel, on credit approvals for the largest, most complex, and/or specialized loans.
Customer interaction is expected.
Works independently with minimal supervision.
Ability to efficiently lead the transaction execution team comprised of an Associate and/or an Analyst.
Supervisory / Managerial Responsibilities
  • Input into development of and training of junior/newly hired Analysts and Associates.
  • Provide informal mentoring and technical guidance on E&C underwriting, financial analysis, and policy application.

Education and Experience Required:
Bachelor's degree in Accounting, Finance or related field and 7 years' experience in complex credit underwriting, specialty underwriting, or other complex financial analysis role. In lieu of degree, a combined minimum 11 years' higher education and work experience, to include 7 years' experience in complex credit underwriting, specialty underwriting, or other complex financial analysis role.
Excellent analytical skills with a high level of proficiency in financial modeling and analysis of credit transactions / structures.
Ability to calculate and interpret financial ratios, analyze data, and complete trend analysis to understand and minimize credit risks.
Proficient with legal documentation including experience and skill in negotiating legal documentation and the ability to structure transactions independently.
Excellent verbal and written communication skills.
Critical thinking and problem-solving abilities.
Attention to detail and high level of accuracy.
Ability to work independently and as a part of a team.
Strong organizational and time management skills.
Customer focused with strong interpersonal and relationship building skills.
Proficiency in Microsoft Office.
Education and Experience Preferred:
Experience with Capital IQ, FactSet, and Bloomberg.
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $123,600.00 - $206,000.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Wilkes Barre, Pennsylvania, United States of America

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