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Credit Risk Manager Jobs in Cleveland, OH (NOW HIRING)

Northwest

CRE Portfolio Manager II or III

Independence, OH · On-site +1

$61K - $110K/yr

Portfolio Manager II or III will be determined based on the candidates knowledge and experience ... Analyses to include an independent credit quality assessment with well-supported risk rating ...

Crane Company

Accounts Receivable Analyst

Twinsburg, OH · On-site

$22.50 - $28.75/hr

The AR Credit Analyst is responsible for evaluating customer creditworthiness, managing credit risk, and supporting the company's accounts receivable function to ensure timely collections while ...

KURV

Senior Merchant Underwriter

Cleveland, OH

$95K - $113K/yr

Prepare detailed credit reports and present findings to senior management. Risk Mitigation: * Develop and implement strategies to mitigate credit risk, including recommending collateral requirements ...

NCS Credit

Director of Client Success

Cleveland, OH · On-site

Experience within SaaS, fintech, B2B services, credit, construction, or risk management industries. * Experience implementing customer health scoring and customer lifecycle programs. * Background ...

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Showing results 41-60

All JobsCredit Risk JobsCredit Risk Manager JobsCredit Risk Manager Jobs in Cleveland, OH

Credit Risk Manager information

See Cleveland, OH salary details

$83.9K

$153.5K

$232.3K

How much do credit risk manager jobs pay per year?

As of Aug 9, 2026, the average yearly pay for credit risk manager in Cleveland, OH is $153,536.00, according to ZipRecruiter salary data. Most workers in this role earn between $129,500.00 and $172,100.00 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 is a credit risk manager?

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.

More about Credit Risk Manager jobs
What are the most commonly searched types of Credit Risk jobs in Cleveland, OH? The most popular types of Credit Risk jobs in Cleveland, OH are:
What are popular job titles related to Credit Risk Manager jobs in Cleveland, OH? For Credit Risk Manager jobs in Cleveland, OH, the most frequently searched job titles are:
What job categories do people searching Credit Risk Manager jobs in Cleveland, OH look for? The top searched job categories for Credit Risk Manager jobs in Cleveland, OH are:
What cities near Cleveland, OH are hiring for Credit Risk Manager jobs? Cities near Cleveland, OH with the most Credit Risk Manager job openings:
Credit Risk Manager jobs near you
Infographic showing various Credit Risk Manager job openings in Cleveland, OH as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $153,536 per year, or $73.8 per hour.

CRE Portfolio Manager II or III

Northwest

Independence, OH • On-site, Remote

$61K - $110K/yr

Full-time

Posted 22 days ago

Job description

IN0534 Fishers, NY0705 NY Region Business Office, OH0523 Independence Bus Office, OH0713 NW Bancshares HQ, PA0220 Erie - 8th & State, PA0258 Bellevue, PA0725 State College Business Office

Job Description

Overview

The Commercial Portfolio Manager is responsible for the ongoing monitoring process for the Bank's commercial loans to ensure timely and accurate risk ratings and compliance with credit policy, loan agreements, and applicable banking regulations. This individual contributor position interacts closely with and supports Commercial Banking Relationship Managers, as well as other internal personnel, on commercial credit portfolio monitoring working under limited supervision. Construction Loan experience is desirable.

Portfolio Manager II or III will be determined based on the candidates knowledge and experience.

Essential Functions

  • Monitor credit performance of individual commercial borrowers ensuring timely escalation or remediation, as appropriate.

  • Responsible for the timeliness and accurate reporting of the commercial portfolio monitoring activities and adherence to credit policies, procedures and thresholds related to financial statement collection, covenant testing, collateral valuation, annual reviews, and delinquencies. Evaluation of risk associated with non-compliance.

  • Engage with customers, regularly, to discuss operating performance and business results including covenant compliance. Gain a thorough understanding of the borrowers' business model and industry trends in order to effectively evaluate sources of repayment and accurately assign risk rating.

  • Collect and 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. Determine the need for more thorough investigation or additional information.

  • Spread financial statements and prepare financial models designed to assess probability of default and loss given default. Document historic and proforma cash flows, covenant calculations, sensitivity analysis, guarantor statement review, and collateral valuation as appropriate.

  • Analyze financial information and related materials to ensure prudent ongoing credit monitoring for the Bank's commercial loan portfolio. Analyses to include an independent credit quality assessment with well-supported risk rating rationale, identification of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues. Identify emerging risks or material changes in customers financial position, including evaluation of compliance with loan agreements.

  • Assist in completion of annual reviews, renewals, interim update memos, covenant calculations and criticized asset reviews. Monitor early warning indicators and other forms of credit surveillance.

  • Present analysis or address questions during credit discussions or presentations.

  • Liaison between Commercial Banking Relationship Managers, Credit Risk, the Underwriting Team and Special Assets to ensure necessary credit approvals are obtained and appropriately documented and loan operating system reflects accurate commercial loan data.

  • Document and track key risk indicators associated with monitoring and control procedures and any applicable thresholds.

  • Ensure compliance with Northwest's policies and procedures, and Federal/State regulations

  • Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency

  • Work as part of a team

  • Work with on-site equipment

Qualifications

  • Bachelor's Degree Accounting, Finance, Economics, or related discipline preferred

  • Relevant experience in Commercial Lending as a Portfolio Manager, Relationship Manager and/or Credit Officer/Underwriter working with moderate to complex loans and documentation preferred Or

  • Experience in Commercial Credit or public accounting preferred

  • Ability to perform financial analysis, assess risk, review documentation, coordinate loan closings and administer construction loans, Extensive

  • Strong analytical, organizational and critical thinking skills, Extensive

  • Team-oriented with ability to monitor and manage multiple responsibilities simultaneously, Extensive

  • Credit risk analysis including assessment of financial statements, collateral valuation, industry review, and risk rating assignments, Extensive

Travel Requirements

  • As Needed for training and occasional team meetings

This position is performed onsite Monday - Thursday with Fridays an optional remote day.

The pay range for this position is generally $61,500 - $110,000 annually. Actual pay is based on various factors including but not limited to the successful candidate's experience, skills, and knowledge. Additional bonus earning opportunities and benefits are also available.

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Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.

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