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Credit Risk Monitor Jobs in Hagerstown, MD (NOW HIRING)

Credit Coordinator The Credit Coordinator supports the Merchant Services Risk & Underwriting team ... risk managers. * Monitor application workflow queues and ensure timely follow-up on outstanding ...

Credit Coordinator

Hagerstown, MD · On-site +1

$49K - $92K/yr

The Credit Coordinator supports the Merchant Services Risk & Underwriting team by conducting credit ... risk managers. * Monitor application workflow queues and ensure timely follow-up on outstanding ...

The Credit Coordinator supports the Merchant Services Risk & Underwriting team by conducting credit ... risk managers. Monitor application workflow queues and ensure timely follow-up on outstanding ...

The Credit Coordinator supports the Merchant Services Risk & Underwriting team by conducting credit ... risk managers. * Monitor application workflow queues and ensure timely follow-up on outstanding ...

The Credit Coordinator supports the Merchant Services Risk & Underwriting team by conducting credit ... risk managers. Monitor application workflow queues and ensure timely follow-up on outstanding ...

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Credit Risk Monitor information

See Hagerstown, MD salary details

$85.8K

$157K

$237.4K

How much do credit risk monitor jobs pay per year?

As of Aug 27, 2026, the average yearly pay for credit risk monitor in Hagerstown, MD is $156,953.00, according to ZipRecruiter salary data. Most workers in this role earn between $132,400.00 and $176,000.00 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 are popular job titles related to Credit Risk Monitor jobs in Hagerstown, MD?

For Credit Risk Monitor jobs in Hagerstown, MD, the most frequently searched job titles are:

What job categories do people searching Credit Risk Monitor jobs in Hagerstown, MD look for?

The top searched job categories for Credit Risk Monitor jobs in Hagerstown, MD are:

Infographic showing various Credit Risk Monitor job openings in Hagerstown, MD 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 $156,953 per year, or $75.5 per hour.

Full-time

Retirement, PTO

Posted 8 days ago


Job description

Position Summary

We are seeking a driven, analytical, and detail-oriented Credit Analyst to join our Credit & Collections team. In this role, you will evaluate customer creditworthiness, manage credit risk, and support business growth through sound credit decision-making. The ideal candidate will possess strong financial analysis skills, excellent communication abilities, and a commitment to balancing risk management with customer service.

If you're looking to build a rewarding career in finance, credit, and risk management, we invite you to join our team and make a meaningful impact.

Essential Job Functions

  • Release customer credit holds after reviewing account status, payment history, and overall credit exposure.

  • Establish and maintain new customer accounts, including the review of credit applications and supporting documentation.

  • Evaluate and process customer overline requests while ensuring compliance with company credit policies and risk guidelines.

  • Prepare and submit credit limit increase recommendations and supporting write-ups for management approval.

  • Analyze customer financial statements, credit reports, payment performance, and other risk indicators to assess creditworthiness.

  • Monitor customer credit limits and account exposure to identify potential risks and recommend appropriate actions.

  • Collaborate with Sales, Customer Service, and Collections teams to resolve credit-related issues and support profitable business growth.

  • Maintain accurate customer records, credit documentation, and account information within company systems.

  • Review customer payment trends and financial performance to identify deteriorating credit conditions and recommend mitigation strategies.

  • Assist in managing portfolio risk by proactively monitoring assigned accounts and supporting collection efforts when needed.

  • Ensure compliance with company policies, internal controls, and established credit procedures.

  • Support continuous improvement initiatives related to credit processes, reporting, and risk management practices.

Qualifications

  • Associate degree and a minimum of one (1) year of experience in credit, collections, accounting, finance, or a related field; or

  • High School Diploma/GED and a minimum of five (5) years of relevant credit or collections experience.

  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field preferred.

  • Strong analytical and problem-solving skills with the ability to evaluate financial information and credit risk.

  • Proficiency with Microsoft Excel and business systems used for customer account management.

  • Excellent verbal and written communication skills.

  • Ability to manage multiple priorities in a fast-paced environment.

  • Demonstrated ability to handle customer and stakeholder conflicts in a professional manner.

  • Strong collaboration skills and willingness to support departmental and organizational goals.

Benefits

  • Competitive compensation and comprehensive benefits package beginning on day one.

  • 401(k) with company-sponsored retirement benefits.

  • Continuing education, professional development, and tuition reimbursement opportunities.

  • Paid vacation and holidays.

  • Paid parental leave.

  • Career growth opportunities within a stable and growing organization.

Join our team and help drive smart credit decisions that support both customer success and company growth.