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

Risk management includes but is not limited to compliance risk, credit risk, liquidity risk, market risk, operations risk and systems risk as well as attention to physical building safety and ...

Risk management includes but is not limited to compliance risk, credit risk, liquidity risk, market risk, operations risk and systems risk as well as attention to physical building safety and ...

Risk management includes but is not limited to compliance risk, credit risk, liquidity risk, market risk, operations risk and systems risk as well as attention to physical building safety and ...

Risk management includes but is not limited to compliance risk, credit risk, liquidity risk, market risk, operations risk and systems risk as well as attention to physical building safety and ...

This role works cross-functionally with Sales and Accounts Payable to resolve discrepancies, manage credit risk, and maintain strong customer relationships while protecting the company's financial ...

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Principal Software Engineer

Johnston, RI · On-site

$135K - $182K/yr

... credit risk platforms. * Participates in an environment rapidly transforming to the Agile ... Infuses quality of service characteristics, including scalability, manageability, and ...

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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 6, 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.
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:
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.
Branch Manager

Branch Manager

BankNewport

Providence, RI • On-site

Other

Posted 11 days ago


Job description

Overview

Offering new and exciting career opportunities, BankNewport is committed to providing our employees the resource and guidance to develop careers that are challenging and rewarding.

So, if you're looking for a great professional opportunity, know that BankNewport will empower and invest in you.

Performs assigned responsibilities in conformance with established Bank strategies, policies and procedures. Committed to providing excellent customer relations and maintains a strong local community presence. Committed to leading, coaching, and developing a team of successful branch banking professionals.

Responsibilities

All managers of BankNewport are expected to support Bank wide efforts designed to understand, measure, monitor, reduce, control and report risk in the most efficient and cost-effective manner. Risk management includes but is not limited to compliance risk, credit risk, liquidity risk, market risk, operations risk and systems risk as well as attention to physical building safety and security.

Manage team members in all aspects of sales, service and operations in accordance with the Bank's "Core Competencies" and sales program. Perform any functions necessary, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers. Principle duties involve coaching to achieve sales excellence and ensuring the delivery of world-class customer service. Branch Managers must have a strong sales and service orientation and demonstrate an ability to lead,motivate, and build engagement with others.

  • Participate fully in the bank's sales initiatives and sales process. Consistently strive to achieve and exceed sales goals. Provide leadership and effective sales coaching to team.
  • Actively engage and promote all sales activities i.e. Check-Ins, Huddles, Skill Builders, Result Coaching. Model effective sales process.
  • Ownership for sales lifecycle and branch business development- from Lead generation to Closure.
  • Determine and execute a Branch sales strategy in accordance with the Bank's overall strategy and operational objectives.
  • Determine critical success factors for new customer acquisition, negotiate and close business to ensure that Branch Sales goals are achieved.
  • Building a winning and engaged team. Coach, train, and develop branch staff towards role and career development
  • Meet branch sales targets in the defined market and business segments/industries.
  • Develop and maintain a network within the community to enhance the visibility of the Bank and to build a strong referral source for new potential business; participate in community events to build the Bank's brand and establish network
  • Establish working relationships and communication routines with BankNewport business partners to meet customers' needs.
  • Ensure branch operational integrity. Compliance with all branch policies and procedures.
  • Provide consistent quality customer service to both internal and external customers that meet or exceeds established standards.
  • Engage in and promote all sales activities i.e. Check-Ins, Huddles, Skill Builders and Results Coaching Perform related and unrelated duties as may be required.
Qualifications
  • Bachelors Degree or its equivalent in retail management experience.
  • Minimum 3 to 7 years' experience of verifiable success in Retail Sales / Banking Services Sales.
  • Excellent selling skills required in order to achieve Branch Sales Goals. Strong knowledge of banking products / banking services.
  • Proven track record in meeting sales goals, ability to meet deadlines and branch goals. Previous experience in business development or leads generation preferred.
  • Ability to address small groups of people in order to effectively sell bank services.
  • Proven sales management experience with strong ability to supervise and instruct.
  • Individual must be proficient with technology and Microsoft Office, specifically word and excel.

SUPERVISORY SCOPE:

 

Up to 11 reports

 

INDEPENDENT ACTION:

 

Establishes short-range plans and objectives within scope of Bank-wide policies and goals.  Consults with Director of Retail Banking regarding policy interpretation or exceptions.

 

BANKNEWPORT CORE VALUES

  • We celebrate individuality
  • We empower employees to be creative problem solvers
  • We invest and take the time to really get to know our customers
  • We commit to serving the financial needs of Rhode Islander's

Any physical demands or work conditions described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

BankNewport is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity or expression, pregnancy, childbirth or related medical conditions, military service, marital status, or any other legally recognized protected basis under federal, state or local laws, regulations or ordinances.

Employment Type: OTHER