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

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 ...

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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 Jul 15, 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.

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 do I become a Credit Risk Analyst?

To become a Credit Risk Analyst, candidates typically need a bachelor's degree in finance, economics, accounting, or a related field. Relevant skills include financial analysis, data interpretation, and proficiency with tools like Excel or specialized risk management software; professional certifications such as CFA or FRM can enhance prospects. Gaining experience through internships or entry-level roles in finance or credit analysis is also valuable.

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 like CFA can earn higher salaries, often with additional bonuses or 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 does CreditRiskMonitor do?

A Credit Risk Monitor analyzes the financial health of companies to assess their creditworthiness and potential risk of default. The role involves monitoring financial data, using tools like financial statements and credit reports, to help organizations manage credit exposure and make informed lending or investment decisions.

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.

Does credit risk pay well?

Credit risk professionals, including credit risk analysts and monitors, typically earn competitive salaries that vary by experience, location, and industry. Entry-level roles may start with moderate pay, while experienced analysts with certifications like CFA can earn higher salaries, often supplemented by bonuses and benefits. Overall, credit risk roles are considered financially rewarding within the finance and risk management sectors.
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 Review Officer

Mizuho Financial Group

New York, NY • Hybrid

$150K - $160K/yr

Full-time

Posted 21 days ago


Job description

About the TeamThe Credit Review Americas Division (CRAD) function operates as an independent Third Line of Defense (3LOD), separate from the credit approval process. CRAD provides senior management and the Board of Directors with objective, independent assessments of credit quality to ensure accurate risk ratings, adherence to policies and procedures, effective credit risk management, and compliance with regulatory expectations.We are seeking a Credit Review Officer - AVP with strong analytical experience across corporate borrowers and diverse industry sectors, including Structured Finance, Sponsor Finance, and High Yield. This role in completing the annual review plan by conducting independent credit reviews to ensure compliance with Bank policies and procedures as well as adherence with regulatory guidelines.The ideal candidate will possess the ability to effectively review and challenge obligor risk ratings and credit risk management weaknesses in the loan portfolio. The role requires the ability to communicate findings, both written and verbal, to CRAD senior leadership and the line of business.Key ResponsibilitiesIndependent Credit Reviews
  • Evaluate borrower credit condition through the assessment of historical and current financial performance, including base and stress-scenario financial projections as required.
  • Assess and validate the accuracy of internal risk ratings and U.S. regulatory classifications. Recommend and support rating adjustments, serving as an independent arbiter within the Credit Review function.
  • Assess compliance of credit decisions with internal lending policies, procedures, and regulatory requirements.
  • Evaluate the effectiveness of credit risk monitoring frameworks, including covenants, triggers, and ongoing oversight practices.
  • Prepare clear, well-supported review findings and escalate observations as appropriate.
  • Communicate effectively with Credit Review leadership and business line stakeholders, including constructive challenge of 1LOD and 2LOD perspectives.
  • Identify gaps and enhancement opportunities in credit risk management practices, policies, and procedures.
  • Review adequacy of Allowance for Loan and Lease Losses (ALLL) methodologies, as applicable.
Portfolio & Risk Oversight
  • Conduct portfolio-level risk assessments to evaluate the quality, quantity, direction, and aggregate of credit risk.
  • Perform quarterly continuous portfolio monitoring assessments to support early identification of emerging risks.
  • Maintain deep knowledge of assigned portfolios, industries, and risk trends - building subject matter expertise.
Additional Responsibilities
  • Support ad hoc projects and strategic initiatives within the CRAD function.
  • Maintain strong knowledge of applicable policies, procedures, and regulatory expectations.
  • Ensure adherence to all compliance requirements and the Bank's Code of Conduct.
Qualifications
  • Bachelor's degree in Finance, Economics, Accounting or Business Administration required; advanced degree (MBA) and/or CFA preferred.
  • Minimum 4 years of credit risk, corporate banking, rating agency, regulatory, or consulting experience; formal credit training a plus.
  • Strong knowledge of credit risk analysis, underwriting, and portfolio management methodologies.
  • Familiarity with U.S. regulatory environment.
  • Advanced proficiency in MS Office; ability to learn internal systems.
  • Demonstrated ability to develop and articulate independent, evidence-based credit opinions.
  • Strong collaboration skills with the ability to influence stakeholders across lines of defense.
  • Proven ability to manage multiple priorities in a fast-paced environment.
  • High level of accountability, initiative, and professional integrity.
The expected base salary ranges from $150,000.00. - $160,000.00. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

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Other requirements

Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations. Roles in some of our departments have greater in-office requirements that will be communicated to you as part of the recruitment process.

Company Overview

Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion. Mizuho's 60,000 employees worldwide offer comprehensive financial services to clients in 35 countries and 800 offices throughout the Americas, EMEA and Asia. Mizuho Americas is a leading provider of corporate and investment banking services to clients in the US, Canada, and Latin America. Through its acquisition of Greenhill, Mizuho provides M&A, restructuring and private capital advisory capabilities across Americas, Europe and Asia. Mizuho Americas employs approximately 3,500 professionals, and its capabilities span corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research. Visit www.mizuhoamericas.com.

Mizuho Americasoffers a competitive total rewards package.

We are an EEO/AA Employer -M/F/Disability/Veteran.

We participate in the E-Verify program.

We maintain a drug-free workplace and reserve the right to require pre- and post-hire drug testing as permitted by applicable law.

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