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

Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities enabling the timely identification of emerging credit risk so that appropriate actions ...

Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities enabling the timely identification of emerging credit risk so that appropriate actions ...

Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities enabling the timely identification of emerging credit risk so that appropriate actions ...

In addition, this position is responsible for the monitoring and ongoing maintenance of a portfolio ... Determine Risk Ratings -- Confirm the Industry Risk Rating (IRR) and Hold Limits as well as ...

SBA Underwriter/Analyst

Melville, NY · On-site

$108K - $127K/yr

Portfolio & Risk Management * Assist in ongoing portfolio monitoring and risk assessment efforts. * Identify potential credit concerns and recommend corrective actions when necessary. * Support ...

Senior Credit Analyst - C&I

Melville, NY · Hybrid

$110K - $125K/yr

... reports), risk rating recommendations, trend analysis, and identifying the proposed credit ... monitor the Bank's receipt of this information. * Order flood search as appropriate. Must haves

... risk assessment, and ensure sound credit decision-making. As a key partner to Relationship Managers (RMs), this position helps structure new loan transactions, conduct portfolio monitoring, and ...

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Credit Risk Monitor information

See Holbrook, NY salary details

$87.9K

$160.9K

$243.4K

How much do credit risk monitor jobs pay per year?

As of Sep 1, 2026, the average yearly pay for credit risk monitor in Holbrook, NY is $160,920.00, according to ZipRecruiter salary data. Most workers in this role earn between $135,700.00 and $180,400.00 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 Holbrook, NY look for?

The top searched job categories for Credit Risk Monitor jobs in Holbrook, NY are:

What cities near Holbrook, NY are hiring for Credit Risk Monitor jobs?

Cities near Holbrook, NY with the most Credit Risk Monitor job openings:

Credit Analyst II - Private Banking

Hicksville, NY


Flagstar Bank
Commercial Banking • 5 - 10K employees

8.1

Company rating: 8.1 out of 10

Based on 52 frontline employees who took The Breakroom Quiz

65th of 174 rated banks

People enjoy working here

Good employer

Recommended by parents


$58K - $95K/yr

Full-time

Medical, Dental, Vision, Life

Re-posted 14 days ago


Job description

Position Title

Credit Analyst II - Private Banking

Location

Hicksville, NY 11801

Job Summary

The Commercial Credit Analyst II - Private Banking builds upon foundational credit experience by taking on more complex underwriting and portfolio management responsibilities. This role plays a key part in supporting Credit Products Specialists in assessing credit risk, structuring commercial loans, and monitoring portfolio performance. Analysts are expected to independently conduct financial analysis, prepare risk ratings, and provide insights on credit decisions, while continuing to refine industry expertise and technical skills.

Job Responsibilities:

JOB RESPONSIBILITIES

Credit Monitoring & Analysis

  • Spread financial statements and assess trends.
  • Generate risk ratings and accompanying analyses.
  • Track and review covenant compliance and borrowing base reports.
  • Conduct annual and periodic portfolio reviews.
  • Perform ongoing credit due diligence.

Loan Underwriting & Structuring Support

  • Assist Credit Products Specialists in structuring new loans and modifications.
  • Support the preparation of credit approval memoranda.
  • Prepare market and collateral analysis.
  • Order and review due diligence reports (e.g., appraisals, environmental reports, credit reports).

Professional Development & Training

  • Participate in credit training programs.
  • Attend deal screen meetings to gain exposure to credit decision-making.
  • Engage in mentoring opportunities with senior team members.

Special Projects & Process Improvement

  • Assist with updating credit policies and procedures.
  • Develop efficiencies in credit analysis workflows.
  • Support ad hoc projects as needed.
  • Uses independent judgement and discretion to make decisions.
  • Analyzes and resolves problems.

ADDITIONAL ACCOUNTABILITIES

  • Performs special projects, and additional duties and responsibilities as required.
  • Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.

JOB REQUIREMENTS

Required Qualifications:

  • Education level required: Undergraduate Degree (4 years or equivalent)in Finance, Accounting, Economics, or a related discipline.
  • Minimum experience required: 1+ Years.

Job Competencies:

  • Financial Acumen: Basic understanding of financial statements and credit risk fundamentals.
  • Analytical Thinking: Ability to interpret financial data, identify trends, and assess risk factors.
  • Detail Orientation: Ensures accuracy in financial analysis and reporting.
  • Time Management: Capable of handling multiple tasks while meeting deadlines.
  • Collaboration & Communication: Works effectively with internal teams; strong verbal and written communication skills.
  • Technology Proficiency: Proficient in Microsoft Excel (spreadsheets, basic financial modeling), Word, and PowerPoint.
  • Learning Agility: Willingness to develop expertise in commercial lending and credit risk.
  • Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
  • Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience.
  • Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.
  • Physical demands (ADA): No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer


We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information:Benefits | Flagstar Bank

Pay Range

$58,176.00 - $95,799.00


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