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Credit Risk Monitor Jobs in Butler, PA (NOW HIRING)

... risk to the organization. Key Responsibilities: - Evaluate and analyze credit applications and establish credit limits based on company policies. - Monitor and manage accounts receivable to ensure ...

Credit Risk Monitor information

See Butler, PA salary details

$78K

$142.7K

$215.9K

How much do credit risk monitor jobs pay per year?

As of Aug 27, 2026, the average yearly pay for credit risk monitor in Butler, PA is $142,722.00, according to ZipRecruiter salary data. Most workers in this role earn between $120,400.00 and $160,000.00 per year, depending on experience, location, and employer.

What is a credit risk monitor?

A Credit Risk Monitor is a professional responsible for analyzing and assessing the credit risk associated with lending or extending credit to individuals or organizations. They monitor financial statements, payment histories, and market trends to evaluate the likelihood of default. Credit Risk Monitors help financial institutions and businesses minimize losses by providing recommendations on credit limits, terms, and risk mitigation strategies. Their work is essential for maintaining the financial health and stability of organizations that rely on credit transactions.

What are the key skills and qualifications needed to thrive as a credit risk monitor?

To thrive as a Credit Risk Monitor, you need strong analytical skills, financial acumen, and a background in finance, accounting, or economics, often supported by a relevant degree. Familiarity with risk assessment tools, credit scoring models, and platforms such as Moody’s Analytics or S&P Global Market Intelligence is typically required. Attention to detail, effective communication, and sound judgment help in interpreting data and conveying risk findings to stakeholders. These skills are essential to accurately evaluate creditworthiness and support informed decision-making that protects organizational assets.

What are some common challenges faced by credit risk monitors in their day-to-day work?

Credit Risk Monitors often contend with the challenge of evaluating complex financial data from multiple sources to assess a borrower's creditworthiness. They must stay updated on changing market conditions and regulatory requirements, which can impact risk assessments. Another frequent challenge is balancing the need for thorough analysis with tight reporting deadlines. Collaboration with other departments, such as loan officers and compliance teams, is essential for obtaining accurate information and ensuring company policies are followed.

What is the difference between Credit Risk Monitor vs Credit Analyst?

AspectCredit Risk MonitorCredit Analyst
Required credentialsTypically requires finance, economics, or related degrees; certifications like CFA are a plusSimilar educational background; certifications like CFA or CPA can be advantageous
Work environmentFinancial services, credit risk assessment, often in corporate or agency settingsBanking, lending institutions, or corporate finance departments
Employer and industry usageUsed by credit rating agencies, financial institutions, and risk management firmsCommon in banks, investment firms, and credit departments

While both roles involve financial analysis and risk assessment, Credit Risk Monitors focus on monitoring and analyzing credit risks at a broader level, often involving data aggregation and industry trend analysis. Credit Analysts typically evaluate individual creditworthiness of clients or companies to inform lending decisions. Understanding these distinctions helps in choosing the right career path or job search focus.

What job categories do people searching Credit Risk Monitor jobs in Butler, PA look for?

The top searched job categories for Credit Risk Monitor jobs in Butler, PA are:

What cities near Butler, PA are hiring for Credit Risk Monitor jobs?

Cities near Butler, PA with the most Credit Risk Monitor job openings:

Infographic showing various Credit Risk Monitor job openings in Butler, PA as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $142,722 per year, or $68.6 per hour.

Credit and Collections Specialist

PTC

Wexford, PA • On-site

$50K - $58K/yr

Other

Medical, Dental, Vision, Life, Retirement

Posted 7 days ago


Job description

PTC is a leading manufacturer and marketer of welded and cold drawn mechanical steel tubing and tubular shapes, plated bar and tubing, and fabricated parts and precision components.
We at PTC value our employees' health and wellness. We offer the following:
  • FREE Healthcare
  • HSA option
  • Dental
  • Vision
  • Life Insurance
  • Dependent & Spouse Life Insurance
  • Long Term Disability
  • Cancer & Critical accident coverage
  • 401K plan with company match
  • Referral Bonus
  • Annual college scholarship available for children & grandchildren of PTC Alliance employees
  • Tuition Reimbursement eligibility

Job Purpose:
- The Credit and Collections Specialist at PTC ALLIANCE LLC is responsible for managing and overseeing the company's credit policies and processes, ensuring timely collection of outstanding receivables, and maintaining positive relationships with clients. This role is crucial in optimizing cash flow and minimizing financial risk to the organization.
Key Responsibilities:
- Evaluate and analyze credit applications and establish credit limits based on company policies.
- Monitor and manage accounts receivable to ensure timely collection of outstanding invoices.
- Develop and implement effective collection strategies to reduce aged receivables.
- Communicate with clients to resolve payment discrepancies and negotiate payment plans when necessary.
- Maintain accurate records of all credit and collection activities and prepare regular reports for management review.
- Collaborate with sales and finance teams to address credit issues and support business objectives.
- Ensure compliance with relevant laws and regulations related to credit and collections.
- Assist in the development and improvement of credit and collections processes and systems.
Required Education:
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
Required Experience:
- Minimum of 3 years of experience in credit and collections or a related financial role.
- Proven track record of managing accounts receivable and reducing delinquency rates.
- Experience working with financial software and databases.
Required Skills and Abilities:
- Strong analytical skills with the ability to assess credit risk and make informed decisions.
- Excellent communication and negotiation skills to effectively interact with clients and internal teams.
- Proficiency in Microsoft Office Suite, particularly Excel, for data analysis and reporting.
- Ability to work independently and manage multiple tasks in a fast-paced environment.
- Strong attention to detail and organizational skills to maintain accurate records and documentation.
- Familiarity with industry regulations and compliance standards related to credit and collections.