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Credit Risk Manager Jobs in Fall River, MA (NOW HIRING)

Citizens

Commercial Credit Officer II

Johnston, RI · On-site

$142K - $200K/yr

Model and reinforce the bank's credit culture, providing leadership on credit decisions, risk management approaches, and continuous improvement initiatives * Ensure adherence to credit policies ...

Citizens Bank

Commercial Credit Officer II

Johnston, RI · On-site

$142K - $200K/yr

Model and reinforce the bank's credit culture, providing leadership on credit decisions, risk management approaches, and continuous improvement initiatives * Ensure adherence to credit policies ...

Citizens

Commercial Credit Officer II

Johnston, RI

$142K - $200K/yr

Model and reinforce the bank's credit culture, providing leadership on credit decisions, risk management approaches, and continuous improvement initiatives * Ensure adherence to credit policies ...

Citizens

Commercial Credit Officer II

Johnston, RI

$142K - $200K/yr

Model and reinforce the bank's credit culture, providing leadership on credit decisions, risk management approaches, and continuous improvement initiatives * Ensure adherence to credit policies ...

Manpower

Credit Analyst

Fairhaven, MA · Hybrid

$32/hr

Manage credit risk across a portfolio of accounts throughout the order-to-cash cycle * Analyze financial statements and credit data to determine creditworthiness and assign credit limits * Monitor ...

Beacon Bank

Sr. Managed Assets Officer

Providence, RI · On-site

Job Title Reporting to the Director of Managed Assets, the individual will establish efficient and ... Partner with Credit Risk colleagues, Loan Review, Legal, Loan Servicing and other internal teams to ...

Citizens

Private Bank Product Manager CRE/C&I

Johnston, RI · On-site

$128K - $171K/yr

Credit Risk & Portfolio Management - Partners with Credit to maintain appropriate policy frameworks and underwriting practices. - Reviews performance metrics, credit trends, and emerging risks for ...

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All JobsCredit Risk Manager JobsCredit Risk Manager Jobs in Fall River, MA

Credit Risk Manager information

See Fall River, MA salary details

$86.8K

$158.9K

$240.4K

How much do credit risk manager jobs pay per year?

As of Jul 5, 2026, the average yearly pay for credit risk manager in Fall River, MA is $158,920.00, according to ZipRecruiter salary data. Most workers in this role earn between $134,000.00 and $178,200.00 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 Fall River, MA? The most popular types of Credit Risk jobs in Fall River, MA are:
What job categories do people searching Credit Risk Manager jobs in Fall River, MA look for? The top searched job categories for Credit Risk Manager jobs in Fall River, MA are:
What cities near Fall River, MA are hiring for Credit Risk Manager jobs? Cities near Fall River, MA with the most Credit Risk Manager job openings:
Credit Risk Manager jobs near you
Infographic showing various Credit Risk Manager job openings in Fall River, MA as of June 2026, with employment types broken down into 88% Full Time, 8% Part Time, and 4% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $158,920 per year, or $76.4 per hour.
Sr Credit Risk & Operations Analytics- Home Equity

Sr Credit Risk & Operations Analytics- Home Equity

Citizens

Johnston, RI • Hybrid

$110K - $145K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 10 days ago

Job description

Description

The Credit Risk Professional will be a critical member of the Home Equity Credit Risk Team, generating the statistical analysis used to inform credit strategy. Will work with our data resources to formulate policy recommendations, communicate those recommendations to important stakeholders, and collaborate with diverse teams to see those recommendations implemented successfully. Will be expected to wear multiple hats, solving problems across the full credit lifecycle and will have the opportunity to take ownership of solutions and see them through to completion in a fast-paced, challenging environment.

Primary responsibilities include:

                Utilize analytical and technical skills to uncover insights, develop policy recommendations, and solve critical business problems.

                Work with proprietary Citizens data in conjunction with bureau data, property data and alternative data sources to shape credit risk strategy.

                Analyze portfolio trends and investigate emerging risks to drive optimization of credit policy in a constantly evolving landscape.

                Design statistical and mathematical models for reporting and predictive analytics.

                Develop, automate and deliver regular reports and communications to senior management.

                Communicate recommendations and insights to key stakeholders to influence decision making.

                Collaborate with diverse teams to see strategy proposals implemented successfully.

Qualifications:

                3+ years of Credit Risk experience - preferably real estate lending (mortgage and/or home equity).

                2+ years of relevant experience in a quantitative role utilizing statistical programing languages.

                2+ years Quantitative Skills - ability to develop and implement effective portfolio management routines that monitor key metrics, benchmark performance vs. peers, and identify emerging trends. 

                Expertise with one or more of the following technologies required:  SQL, Python, R, Tableau.

                Ability to drive actionable outcomes from analytical insight and effectively communicate findings and recommendations to business leadership.

                Exceptional problem-solving acumen with ability to think strategically. 

                Time Management - ability to prioritize competing assignments and thrive in a fast-paced results orientated environment.

Education:

                Bachelor's degree in quantitative discipline required (Finance, Mathematics, Computer Science, Statistics, Engineering, etc.). 

                Masters/PhD in a quantitative discipline preferred.

Hours & Work Schedule

  • Hours per Week: 40
  • Work Schedule: Monday-Friday
  • Hybrid: 4 days per week onsite at a Citizens Corporate Office, 1 day remote

Pay Transparency 

The salary range for this position is $110,000 - $145000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the work location, and relevant skills and experience.

We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens' paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits .

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Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

Education:Why Work for UsEmployment Type: 1ST

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