ZipRecruiter

Log In

1

Credit Risk Manager Jobs in Worcester, MA (NOW HIRING)

Global Partners

Trader - Biodiesel

Waltham, MA · On-site

$182K - $291K/yr

Back office experience in credit, risk management and finance. Previous experience in Right Angle/Solarc a significant plus. * Knowledge of Political legislation NEFI, NORA, RFS2, EPA and State ...

Global Partners LP

Trader - Gulf Coast

Waltham, MA · On-site

$182K - $291K/yr

Back-office experience in credit, risk management and finance. Previous experience in Right Angle/Solarc a significant plus. * Knowledge of Political legislation NEFI, NORA, RFS2, EPA and State ...

Walkerdunlop

Asset Manager, Surveillance

Needham, MA · Hybrid

$80K - $90K/yr

... credit quality of the GSE multifamily portfolio. You will evaluate property performance, lead ... Perform surveillance, risk assessment, and ongoing risk management for assigned loans, including ...

previous page

Showing results 41-60

All JobsCredit Risk JobsCredit Risk Manager JobsCredit Risk Manager Jobs in Worcester, MA

Credit Risk Manager information

See Worcester, MA salary details

$86.2K

$157.7K

$238.6K

How much do credit risk manager jobs pay per year?

As of Aug 13, 2026, the average yearly pay for credit risk manager in Worcester, MA is $157,742.00, according to ZipRecruiter salary data. Most workers in this role earn between $133,000.00 and $176,900.00 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 job categories do people searching Credit Risk Manager jobs in Worcester, MA look for?

The top searched job categories for Credit Risk Manager jobs in Worcester, MA are:

What cities near Worcester, MA are hiring for Credit Risk Manager jobs?

Cities near Worcester, MA with the most Credit Risk Manager job openings:

Credit Risk Manager jobs near you
Infographic showing various Credit Risk Manager job openings in Worcester, MA as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 15% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $157,742 per year, or $75.8 per hour.

Trader - Biodiesel

Global Partners

Waltham, MA • On-site

$182K - $291K/yr

Full-time

Medical, Dental, Life, Retirement

Re-posted 8 days ago

Job description


Job Summary:

As a key member of the Supply & Distribution Team, this role will allow the correct individual to grow a profitable trading business for Global. The role will also include commercial analysis for new trading / supply assets, in terms of both new businesses and M&A opportunities. The ideal candidate will: Have a proven track record of profitability with the petroleum industry as an experienced trader. Have a strong work ethic, along with very strong leadership skills, a desire to succeed and a willingness to do whatever it takes to get the job done. Understand locational and structural arbitrage and how to take advantage of it in both paper and physical markets. Have establish trading contacts within the petroleum markets and a proven track record of trading both with principals and brokers.

At Global Partners, business starts with people. Since 1933, we've believed in taking care of our customers, our guests, our communities, and each other-and that belief continues to guide us.

TheGlobal Spiritis how we work to fuel that long term commitment to success. As a Fortune 500 company with 90+ years of experience, we're proud to fuel communities-responsibly and sustainably. We show up every day with grit, passion, and purpose-anticipating needs, building lasting relationships, and creating shared value.

Job Description:

  • Daily ownership and profitability of book of business, and full responsibility to procure the most cost effective product for marketing.
  • Meeting all the requirements of Global's risk policy including hedging all products. Previous trading experience in petroleum derivatives, swaps, futures, physical products required.
  • Represent and be the lead for Supply and Trading on various projects and opportunities.
  • Prepare and present management reports as needed.
  • Work with Risk Management both on a daily processes and longer term to improve reports and overall effectiveness.
  • Prepare and present risk/return reports on opportunities and analysis as necessary.
  • Find and negotiate new exchanges, term purchases, rack deals, throughputs, etc.
  • Find and implement strategies to increase Supply's profitability, work to grow the business in both current and new markets.
  • Support Supply and Trading on acquisitions and larger projects.

Additional Job Description:

  • Exceptionally strong interpersonal and communication skills
  • Outstanding ability to work collaboratively
  • Excellent attention to detail
  • Excellent time management and multi-tasking skills
  • Proficiency with Microsoft Excel
  • 5-10 years Industry experience in clean product supply, NGL, crude, residual fuel, bunkers, trading, exchanges, scheduling, terminals, logistics, product blending.
  • Previous experience supplying marketing.
  • Knowledge in refinery operations a significant plus.
  • Strong industry knowledge and relationships with counterparts.
  • Back office experience in credit, risk management and finance. Previous experience in Right Angle/Solarc a significant plus.
  • Knowledge of Political legislation NEFI, NORA, RFS2, EPA and State regulations a strong plus.
  • Ability to work in a fast-paced, changing environment, deliver quickly and adapt to changing demands
  • Outstanding organization skills -- ability to effectively manage multiple work efforts simultaneously
  • Willingness and desire to learn new skills and take on new responsibilities
  • Bachelor's Degree Master's Degree In finance, accounting or related field Master's in business administation or related field

Pay Range:

$182,300.00 - $291,500.00

The pay range for this position is outlined above. The final amount offered at the start of employment is determined based on factors including, but not limited to, experience level, knowledge, skills, abilities and geographic location, and the Company reserves the right to modify base salary at any time, including for reasons related to individual performance, Company or individual department/team performance and market factors.

Our Commitments to You

  • Coins!We offer competitive salaries and opportunities for growth. We have an amazing Talent Development Team who create trainings for growth and job development.

  • Health & Wellness- Medical, Dental, Visions and Life Insurance. Along with additional wellness support.

  • The Road Ahead- We offer 401k and a match component!

  • Professional Development- We provide tuition reimbursement; this benefit is offered after 6 months of service.

What to Expect From the Hiring Process (old GPS of the Interview Process)

We value passion and potential. Please apply if you're qualified and interested-we'd love to hear from you.

A member of our Talent Acquisition team will review your application and may connect you with the hiring manager if your experience is a strong match.

Interviews are conducted virtually and in person, depending on the role. We'll provide more details about next steps if selected to move forward.

Global Partners LP is an equal opportunity employer. We foster a company culture where ideas from all people help us grow, move and thrive. We embrace the diversity of all applicants and do not discriminate against race, color, religion, sex, age, national origin, sexual orientation, gender identity, disability, protected veteran status or any other basis prohibited by federal, state or local law. If you have a disability and need an accommodation to apply, please contact our recruiting department at 781-747-9675 or 781-7GP-WORK.

*Disclaimer: At Global Partners, we don't use lie detector tests for any employment decisions. We follow all the rules and regulations, so we need to let you know: In Massachusetts, it's illegal to require or administer a lie detector test as a condition of employment of continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Apply