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Credit Risk Manager Jobs in Norwalk, CT (NOW HIRING)

VP, Credit Risk Modeling

New York, NY · On-site

$160K - $175K/yr

COMPANY OVERVIEW KKR is a leading global investment firm that offers alternative asset management ... Build and own portfolio credit risk models that quantify tail losses from default and rating ...

Risk Manager

New York, NY · On-site

$127K - $140K/yr

... credit risk, fraud risk, and other factors across underwriting, portfolio management, and ... collections. What You'll Do * Monitor acquisition, portfolio, and collection performance across the ...

Risk Manager

New York, NY · On-site

$145K - $220K/yr

Analyze and monitor sponsor and counterparty credit quality * Be part of a team responsible for ... credit risk management, bank credit, portfolio management, or investing, preferably with some of ...

Risk Manager

New York, NY · On-site

$145K - $220K/yr

Analyze and monitor sponsor and counterparty credit quality * Be part of a team responsible for ... credit risk management, bank credit, portfolio management, or investing, preferably with some of ...

Credit Analyst

New York, NY · On-site

$99K - $163K/yr

Within the Business Insurance Credit Risk Management team at Travelers, credit analysts play a critical role in managing the credit risk exposure created by loss sensitive insurance programs. As a ...

Showing results 41-60

Credit Risk Manager information

See Norwalk, CT salary details

$86.8K

$158.9K

$240.4K

How much do credit risk manager jobs pay per year?

As of Sep 9, 2026, the average yearly pay for credit risk manager in Norwalk, CT is $158,910.00, 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 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 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 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.

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 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.

How much do credit risk managers make in the US?

Credit risk managers in the US typically earn a median annual salary of around $85,000 to $125,000, with experienced professionals and those in senior roles earning higher. Salaries can vary based on industry, location, and level of experience, and certifications like CFA or FRM can enhance earning potential.

What are popular job titles related to Credit Risk Manager jobs in Norwalk, CT?

For Credit Risk Manager jobs in Norwalk, CT, the most frequently searched job titles are:

What cities near Norwalk, CT are hiring for Credit Risk Manager jobs?

Cities near Norwalk, CT with the most Credit Risk Manager job openings:

Infographic showing various Credit Risk Manager job openings in Norwalk, CT as of August 2026, with employment types broken down into 84% Full Time, 15% Part Time, and 1% Contract. Highlights an 79% Physical, 3% Hybrid, and 18% Remote job distribution, with an average salary of $158,910 per year, or $76.4 per hour.

Credit Risk: ISG Lending, FSL Esoteric - Vice President

New York, NY • On-site

Morgan Stanley
Finance and Insurance • 10K+ employees

$120K - $210K/yr

Full-time

Re-posted 10 days ago


Morgan Stanley rating

8.3

Company rating: 8.3 out of 10

Based on 158 frontline employees who took The Breakroom Quiz

36th of 154 rated financial services


Job description

Firm Risk Management (FRM) at Morgan Stanley partners closely with business units across the Firm to support sustainable growth, efficient risk adjusted returns, and the protection of the Firm's balance sheet. Credit Risk Management (CRM) plays a critical role in this mandate by providing independent yet commercial credit oversight across a broad range business activities.
This role sits within the Credit Risk Management team responsible for highly structured lending transactions secured by operating businesses, franchise royalties, and digital infrastructure assets such as data centers, fiber networks, and other project finance-style assets. The position offers exposure to complex, innovative financing structures and close engagement with senior stakeholders across the Firm, including Origination, Structuring, Legal, Syndication, and senior Risk leadership.
The ideal candidate combines strong credit fundamentals with commercial judgment, thrives in a fast paced transaction environment, and is motivated by the opportunity to influence complex financing decisions at scale.
________________________________________
Key Responsibilities
  • P
  • rovide primary credit risk coverage for structured lending, warehouse facilities, and asset backed financing transactions collateralized by franchise royalties, digital infrastructure, and project finance assets
  • L
  • ead end to end credit evaluation of new transactions, including review of financial statements, cash flow models, diligence materials, legal structures, and third party reports; partner closely with business units to ensure credit risk considerations are integrated into transaction structuring and strategic decisions
  • A
  • ssess and approve amendments, renewals, waivers, collateral additions / releases within an assigned portfolio
  • D
  • istill complex analyses into clear, well reasoned credit assessments and internal approval memoranda for senior Credit officers, Firmwide committees, and quarterly portfolio reviews
  • E
  • stablish and maintain internal credit ratings, risk limits, and ongoing monitoring frameworks aligned with the Firm's risk appetite
  • M
  • onitor portfolio performance, covenant compliance, and early warning indicators; escalate risks proactively and thoughtfully
  • E
  • ngage with internal and external stakeholders including regulators and internal audit as appropriate on transaction specific and portfolio matters
  • C
  • ontribute to the training and development of junior team members and foster strong risk discipline across covered businesses - Bachelor's degree required; advanced degree is a plus
  • 5
  • -10+ years of experience in credit risk, covering structured finance, project finance, or specific / general corporate industries
  • S
  • trong experience analyzing cash flow based structures, leverage profiles, downside scenarios, and stress cases
  • F
  • amiliarity with structured transactions, securitization style financings, or complex collateral packages preferred
  • E
  • xcellent written and oral communication skills with the ability to present clearly to senior stakeholders
  • S
  • trong organizational skills and comfort managing multiple high priority workstreams in a dynamic environment
  • C
  • ollaborative mindset with a balance of independence, judgment, and ownership

    WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

    At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.

    To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

    Expected base pay rates for the role will be between $120,000 and $210,000 year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

    Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

    Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

    For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.


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    About Morgan Stanley

    Sourced by ZipRecruiter

    Since our founding in 1935, Morgan Stanley has been committed to serving local and global communities by being a market leader in Investment Banking, Securities, Investment Management and Wealth Management services. Our belief that capital can work to benefit all of society inspires us to put our clients first, lead with exceptional ideas, hold our business to high ethical standards, and give back to communities around the world through philanthropy and public works. We have a smart casual dress code and operate under a philosophy that balances work with your personal life. Our people's talent, passion, and expertise is the fuel on which our organization runs, therefore, our people are our greatest asset. Diversity and inclusiveness is a critical component for our success and it is our priority to continue building a firm that values the unique background and identity of every one of our employees, thus enabling our people to bring their full, and best selves to work each day. Teamwork is the essence of our approach, and so are the values of integrity, excellence, and enabling our people to achieve at the highest levels. We invite you to learn more about our commitment to diversity and serving our community.

    Industry

    Finance and insurance and software development

    Company size

    10,000+ Employees

    Headquarters location

    New York, NY, US