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Credit Risk Manager Jobs in Woodruff, SC (NOW HIRING)

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.

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Credit Risk Manager information

See Woodruff, SC salary details

$81.7K

$149.5K

$226.2K

How much do credit risk manager jobs pay per year?

As of Sep 11, 2026, the average yearly pay for credit risk manager in Woodruff, SC is $149,522.00, according to ZipRecruiter salary data. Most workers in this role earn between $126,100.00 and $167,600.00 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 job categories do people searching Credit Risk Manager jobs in Woodruff, SC look for?

The top searched job categories for Credit Risk Manager jobs in Woodruff, SC are:

What cities near Woodruff, SC are hiring for Credit Risk Manager jobs?

Cities near Woodruff, SC with the most Credit Risk Manager job openings:

Infographic showing various Credit Risk Manager job openings in Woodruff, SC as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 83% Physical, 2% Hybrid, and 15% Remote job distribution, with an average salary of $149,522 per year, or $71.9 per hour.

Enterprise Risk Officer

Greenville, SC β€’ On-site

United Community Bank
Commercial BankingΒ β€’Β 11 - 50 employees

Full-time

Re-posted 2 days ago


Job description

Overview
The Enterprise Risk Officer reports to the Director of Enterprise Risk Management (ERM) and is accountable for execution of the bank's Risk and Control Self-Assessment (RCSA) process for designated business units and serves as a resource for business leaders to lean on for developing, executing, and evaluating risk assessments across the bank, including those related to new products and services. This includes guiding, consulting, and challenging our first line business functions through RCSAs and associated metric reporting, as well as those associated with our second line risk functions. This role ensures an integrated approach is taken amongst the various ERM programs such as Key Risk Indicators (KRIs), Issues Management, as well as Model and Non-Model risk management.
This role works closely with the Director of Enterprise Risk and Senior Enterprise Risk Officers to deliver on strategic priorities related to the Bank's ERM program. This role involves providing analytics, technology support, and research across the enterprise. The position offers high visibility, working with senior leaders and exposure to various functional areas and business lines within the bank.
What You'll Do
  • Evaluate and monitor applicable risks across designated areas of the bank and ensure RCSAs and other risk assessment programs such as those related to new products and services reflect the appropriate risks and controls while working closely with other departments to assess risks, recommend improvements, and ensure alignment with the bank's strategic objectives and risk appetite.
  • Support the Director of ERM and KRI dashboard owners on the delivery of appropriate KRIs and associated reporting, including risk appetite measures and risk targets, tolerances, and limits while working cross-collaboratively with key leaders across the organization.
  • Manage the KRI Action Plan process, lead the documentation effort with the dashboard owners, that includes root cause and industry analysis to support actions reported to management and the board.
  • Regularly monitor the enterprise issues management system and generate detailed reports on identified issues to be reported to relevant stakeholders, while providing effective challenge.
  • Contribute to the development and enhancement of risk reporting processes throughout the bank to support the Risk Appetite Statement and risk-reporting framework.
  • Assist with delivery of high-quality reports in a timely fashion for management and board level committees as needed, including the Enterprise Risk Committee, Risk Management Committee and the Board Risk Committee.
  • Assist with the ERM and Data Governance Program, providing support on reporting practices and governance design.
  • Engage in ad-hoc projects or requests as deemed appropriate by the Director of Enterprise Risk Management.

Requirements For Success
  • Bachelor's degree in business administration or a related field.
  • 8+ years of risk management experience - Enterprise Risk, Operational Risk, and / or Internal Audit and 10+ years of financial institution experience preferred.
  • Prior experience in risk and control process improvement, standardization and automation of business and control processes, quality assurance and control routines, as well as risk and control metrics and reporting.
  • Working knowledge of risk management principles, regulatory frameworks, and industry best practices in the banking sector.
  • Direct experience with developing and/or executing risk and control assessment programs.
  • Demonstrated capability to confidently raise issues, escalate early, and engage in constructive credible challenge independently, while simplifying complex topics and concepts.
  • Ability to synthesize data and observations from a variety of sources, deliver concise summaries (both verbal and written), and enact response quickly.
  • Strong critical thinking skills and practical knowledge of data analysis tools, statistical techniques, and risk management frameworks.
  • Advanced proficiency in Microsoft Office Suite (Outlook, Teams, Excel, PowerPoint and Word) and business intelligence tools.
  • Highly motivated, deadline driven, and results focused.
  • Excellent written and oral communication skills.
  • Ability to work well with others at all levels of the organization.

Conditions of Employment
Conditions of Employment:
  • Must be able to pass a criminal background & credit check
  • This is a full-time, non-remote position

FLSA Status:
  • Exempt

Ready to take your career to the next level? Apply now and become a vital part of our team!
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state, or local protected class.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Pay Range
USD $0.00 - USD $0.00 /Yr.