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Credit Risk Monitor Jobs in Commack, NY (NOW HIRING)

BNP Paribas

Associate, Credit Solutions

New York, NY · On-site

$180K - $200K/yr

Monitor performance of higher risk and/or larger positions, maintaining updated financial models and analysis of business risks. Review legal documentation, including credit agreements, indentures ...

DriveWealth

Head of Risk Management

New York, NY · On-site

Margin & Credit Risk: Monitor and set parameters for margin lending, focusing on concentration risk, volatility-based margin adjustments, and the management of unsecured debits. * Stock Loan ...

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All JobsCredit Risk Monitor JobsCredit Risk Monitor Jobs in Commack, NY

Credit Risk Monitor information

See Commack, NY salary details

$89.6K

$163.9K

$248K

How much do credit risk monitor jobs pay per year?

As of Jun 14, 2026, the average yearly pay for credit risk monitor in Commack, NY is $163,940.00, according to ZipRecruiter salary data. Most workers in this role earn between $138,200.00 and $183,800.00 per year, depending on experience, location, and employer.

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.

Is risk analyst a high paying job?

A risk analyst, including credit risk monitor roles, typically earns a competitive salary that varies by industry, experience, and location. Entry-level positions may start lower, but experienced risk analysts with specialized skills and certifications can earn higher wages, often comparable to other finance and risk management roles.

What are the key skills and qualifications needed to thrive as a Credit Risk Monitor, and why are they important?

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.

How much do credit risk analysts earn?

Credit risk analysts typically earn a median annual salary ranging from $60,000 to $85,000, depending on experience, location, and industry. Entry-level analysts may start at lower salaries, while experienced professionals with certifications can earn over $100,000 annually. The role often requires strong analytical skills and familiarity with financial modeling tools.

What is a Credit Risk Analyst's salary?

A Credit Risk Analyst's salary typically ranges from $55,000 to $85,000 annually, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications can earn higher salaries, often supplemented with bonuses and benefits.

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 5 C's of credit risk?

The 5 C's of credit risk—used by credit risk monitors—are Character, Capacity, Capital, Collateral, and Conditions. These factors help assess a borrower's ability and willingness to repay a loan and are fundamental in credit analysis. Understanding these elements is essential for evaluating creditworthiness and managing risk effectively.

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 are popular job titles related to Credit Risk Monitor jobs in Commack, NY? For Credit Risk Monitor jobs in Commack, NY, the most frequently searched job titles are:
What job categories do people searching Credit Risk Monitor jobs in Commack, NY look for? The top searched job categories for Credit Risk Monitor jobs in Commack, NY are:
What cities near Commack, NY are hiring for Credit Risk Monitor jobs? Cities near Commack, NY with the most Credit Risk Monitor job openings:
Credit Risk Monitor jobs near you

Credit Analyst III - Reg Fund/Credit Risk - Global Markets Credit

Bank of America

New York, NY • On-site

$60K - $110K/yr

Full-time

PTO

Posted 13 days ago

Job description

Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This job is responsible for analyzing and managing credit risk of existing and prospective clients and counterparties. Key responsibilities include focusing on, but not limited to credit, market, and reputational risk; as well as adherence and monitoring of credit risk policies, risk appetite, and reporting, including but not limited to Top of House (TOH) and Line of Business (LOB) specific reports or regulatory related reporting.
Responsible for all aspects of the credit management of Americas (AMRS)-based Regulated Funds and Asset Managers.
Responsibilities:
  • Manage a fast-paced, high-volume portfolio of AMRS-based regulated and alternative fund clients from on-boarding through to underwriting/credit approval and ongoing monitoring and oversight.
  • Conduct detailed analysis of clients demonstrating a good understanding of investment strategies, liquidity, leverage and the trading products & associated risks, that the funds trade.
  • Assign internal counterparty risk ratings and recommend risk limits and guardrails based on clients' risk profile
  • Liaise with Legal to negotiate relevant documentation (ISDA, GMRA, MSFTA, MSLA, etc.) for trading activities.
  • Perform ongoing monitoring of clients regarding changes in credit quality, adherence to risk appetite/limits and policies.
  • Support monitoring of adherence to industry risk governance, as well as monitoring for potential operational, reputational and market risk issues
  • Coordinate and build strong working relationship with colleagues including Sales & Trading, 2nd Line Risk, Credit Risk review and Audit functions, and LOB management.
  • Conduct ad-hoc portfolio reviews and prepare management information as required.
  • Contribute to regulatory tasks and deliverables as required in respect of AMRS Asset Managers portfolio.

Required Qualifications:
  • 1+ years of experience in commercial and/or corporate credit risk, preferably covering regulated and/or alternative fund clients
  • Ability to manage significant deal flow often on tight deadlines in a dynamic and fast-paced environment
  • Self-starter with excellent communication skills, problem solver with an ability to negotiate effectively
  • Able to work as part of a team, willing to support more junior members of the team as required
  • Good quantitative and Excel based skills

Desired Qualifications:
  • Bachelor's Degree in Finance, Economics, Accounting or similar fields
  • Experience using Bloomberg or similar market data platforms
  • Understanding of Global Markets suite of products, market risk metrics and legal documentation.

Skills:
  • Attention to Detail
  • Client Management
  • Decision Making
  • Underwriting
  • Credit Documentation Requirements
  • Critical Thinking
  • Portfolio Management
  • Problem Solving
  • Written Communications
  • Financial Analysis
  • Negotiation
  • Regulatory Compliance
  • Collaboration
  • Credit and Risk Assessment
  • Presentation Skills
  • Prioritization

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
$60,800.00 - $110,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

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