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

Drive high standards of methodology, documentation quality, and review discipline across the Credit Risk Review team, by establishing and monitoring adherence to policies, procedures, and quality ...

Monitor counterparty exposures and identify emerging credit concerns or concentration risks. Develop, enhance, and maintain credit risk methodologies, policies, and monitoring tools. Deliver ...

Drive high standards of methodology, documentation quality, and review discipline across the Credit Risk Review team, by establishing and monitoring adherence to policies, procedures, and quality ...

Director, Credit Risk

Manhattan, NY · On-site

$231K - $289K/yr

Drive operational excellence by continuously improving underwriting workflows, portfolio monitoring ... credit risk, commercial underwriting, portfolio management, commercial banking, or a related field

Drive operational excellence by continuously improving underwriting workflows, portfolio monitoring ... credit risk, commercial underwriting, portfolio management, commercial banking, or a related field

Director, Credit Risk

New York, NY · Hybrid

$231K - $289K/yr

Drive operational excellence by continuously improving underwriting workflows, portfolio monitoring ... credit risk, commercial underwriting, portfolio management, commercial banking, or a related field

Drive operational excellence by continuously improving underwriting workflows, portfolio monitoring ... credit risk, commercial underwriting, portfolio management, commercial banking, or a related field

Director - Credit Risk

Manhattan, NY · On-site

$180K - $250K/yr

Monitor credit risk exposures across our client base on a daily basis. Perform exposure analysis regularly in order to assess portfolio concentrations or trends. * Recommend and communicate credit ...

Director - Credit Risk

New York, NY · Hybrid

$180K - $250K/yr

Monitor credit risk exposures across our client base on a daily basis. Perform exposure analysis regularly in order to assess portfolio concentrations or trends. * Recommend and communicate credit ...

Director - Credit Risk

New York, NY · On-site

$180K - $250K/yr

Monitor credit risk exposures across our client base on a daily basis. Perform exposure analysis regularly in order to assess portfolio concentrations or trends. * Recommend and communicate credit ...

Showing results 21-40

Credit Risk Monitor information

See Queens, NY salary details

$90.3K

$165.2K

$249.9K

How much do credit risk monitor jobs pay per year?

As of Aug 12, 2026, the average yearly pay for credit risk monitor in Queens, NY is $165,193.00, according to ZipRecruiter salary data. Most workers in this role earn between $139,300.00 and $185,200.00 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?

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 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 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 Queens, NY? For Credit Risk Monitor jobs in Queens, NY, the most frequently searched job titles are:
What job categories do people searching Credit Risk Monitor jobs in Queens, NY look for? The top searched job categories for Credit Risk Monitor jobs in Queens, NY are:
What cities near Queens, NY are hiring for Credit Risk Monitor jobs? Cities near Queens, NY with the most Credit Risk Monitor job openings:
Infographic showing various Credit Risk Monitor job openings in Queens, NY 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 $165,193 per year, or $79.4 per hour.

$133K - $181K/yr

Full-time

Re-posted 22 days ago


Job description

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.
In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
The anticipated salary range for this role is between $133,000.00 and $181,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
Role Description
SMBC is seeking a Credit Risk Model Owner VP to serve as local model owner to monitor and manage credit risk related models for the SMBC Americas Division portfolio. This role is expected to conduct regular model monitoring procedure, finding management, and model governance, communicate with key model stakeholders including Tokyo Head Office, and report to team leads and senior management.
Role Objectives: Delivery
  • Conduct model performance monitoring based on monitoring plan and subsequent revisions, communicate with team leads and model validation team
  • Maintain the credit risk related model inventories, work with model validators to prepare the model documentation package, findings remediation, model attestation, etc.
  • Develop internal credit risk rating models collaborating with Tokyo Head Office, Model Validation team and external vendors
  • Lead credit risk model related projects and report it to senior management
  • Periodic monitoring on the use of credit models to identify and examine the need for enhancements of the models and their user guidance including training to model users
  • Enhance model management, governance processes and model documentation standards to improve efficiency and accuracy of model validation process

Role Objectives: Interpersonal
  • Communicate with various model stakeholders, including model users, model validators and internal auditors across the bank including Tokyo Head Office
  • Report to team leads and senior management and also lead and train junior members
  • Recommend enhancements to data management process to improve efficiency and accuracy of ongoing performance monitoring
  • Make presentations to senior management and regulators about credit risk related models and make trainings to model users

Role Objectives: Expertise
  • Strong knowledge of Model Risk Management framework, regulation and industry practice (Experience related to Credit Risk Rating Model is better)
  • Excellent experience and knowledge as Credit Risk Model Owner including developing credit rating models and documentation
  • Strong presentation skills to create visualized charts/materials for readers including regulators and senior management
  • Demonstrated ability to work independently and successfully manage multiple priorities and stakeholders under pressure
  • Ability to communicate appropriately at different levels of the organization to build collaborative relationships

Qualifications and Skills
  • Minimum work experience in model risk management of five years or more such as either model developer, model validator or both (experience related to credit risk rating models is highly desirable)
  • Major in Probability/Statistics/Financial Mathematics/Computer Science preferred
  • Master Degree/CFA/FRM preferred
  • Highly desirable technical and quantitative analysis skills with statistic knowledge and with technical knowledge such as using Excel (VBA), MS Access, SQL, SAS and Python.
  • Excellent interpersonal and written and verbal communication skills
  • Japanese language skill a plus

SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.
SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.