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Credit Risk Manager Jobs (NOW HIRING)

Project Manager-Credit Risk Location: Buffalo, NY || NYC, NY (Hybrid) Contract: 6 months (Possibly Extension) * Credit Risk - Project Manager * MUST have credit risk management background and strong ...

Job purpose The Manager, Credit Risk is responsible for performance analysis, operational reporting, and business unit support for the Risk Management organization within Regional Management. This ...

Bank's Credit Risk Management area is seeking a Credit Risk Analyst to work on their Dealer Services (auto loan, auto lease, and recreational vehicle and marine craft) portfolios. Credit Risk ...

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Credit Risk Manager information

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$86.5K

$158.3K

$239.5K

How much do credit risk manager jobs pay per year?

As of Jul 27, 2026, the average yearly pay for credit risk manager in the United States is $158,312.00, according to ZipRecruiter salary data. Most workers in this role earn between $133,500.00 and $177,500.00 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 cities are hiring for Credit Risk Manager jobs? Cities with the most Credit Risk Manager job openings:
What are the most commonly searched types of Credit Risk jobs? The most popular types of Credit Risk jobs are:
Who are the top companies hiring for Credit Risk Manager jobs? The top employers for Credit Risk Manager jobs are:
What states have the most Credit Risk Manager jobs? States with the most job openings for Credit Risk Manager jobs include:
Infographic showing various Credit Risk Manager job openings in the United States as of July 2026, with employment types broken down into 86% Full Time, and 14% Part Time. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $158,312 per year, or $76.1 per hour.
Project Manager-Credit Risk

Project Manager-Credit Risk

TriOptus LLC

Buffalo, NY • On-site

Full-time

Posted 24 days ago


Job description

Title: Project Manager-Credit Risk
Location: Buffalo, NY || NYC, NY (Hybrid)
Contract: 6 months (Possibly Extension)
Job Description:
  • Credit Risk - Project Manager
  • MUST have credit risk management background and strong knowledge of financial products.
  • Manage, prioritize, and execute key deliverables
  • Develop deep understanding of the program and its key deliverables/activities
  • Drive adherence and updates to processes, procedures, and standards
  • Assist with daily monitoring of credit risk limits & Reg O frameworks (includes interaction with systems; follow ups with key stakeholders), independently resolving or escalating issues and solutions as needed
  • Develop qualitative and quantitative analysis; produce summary documents for agenda driven meetings; prepare the agenda and drive meetings as needed
  • Coordinate the governance of regulatory required activities, where a team has ownership or oversight or coordination duties; proactively anticipating management needs
  • Drive the design and delivery of technology projects, automation solutions, Proofs of Concept and jira drafting by describing requirements to technology partners, performing user testing
  • Prepare and present templated and standardized reports that address specific management update needs (e.g., monthly program updates; Key Risk Indicators; quarterly reviews etc.)
  • Oversee tracking and reporting of tasks requiring management updates
  • Escalate findings in the BAU monitoring, providing suggestions and solutions for issue resolution
  • Collaborate with team members, dedicated technology support, key stakeholders and broader risk organization to provide guidance on day-to-day deliverables
  • Partner with business professionals, independent oversight and controls functions and provide inputs and support they require from the team and the credit risk limits framework
  • Identify areas for control improvement; implement continuous improvements such as opportunities for automation, efficiency in process through rationalization of work
  • Work effectively with IA, Compliance, etc. Prepare and address larger team-wide requirements such as ARCMs and CAPs.

Key Skills:
  • 10 plus years' experience in a financial services institution or in a corporate control function (where exposure to financial products and services and experience was gained)
  • Credit Risk management and/or audit, regulatory or QA experience; strong understanding of risk management and controls frameworks
  • Familiar with a range of traded products in wholesale lending and capital markets trading
  • Experience working on and/or leading large cross functional programs, building independent relationships
  • Track record of having participated in driving change (in time managed projects) and innovating in the risk and control space (responding to changes in business demands due to market changes or regulation change) in a collaborative way
  • Experience with program/project management
  • Strong technical skills (MS, Excel, Jira, PPT, etc.).
  • Demonstrated ability to think strategically and analytically
  • Strong organizational leadership and influencing skills, willing to learn
  • Excellent verbal, presentation, written and interpersonal skills
  • Ability to set and execute priorities with minimal supervision

Note:
  • COVID-19 considerations: All individuals working on-site must be fully vaccinated against COVID-19.