ZipRecruiter

Log In

1

Credit Risk Officer Jobs in California (NOW HIRING)

US Bank

Impact Finance Officer

Los Angeles, CA

Credit Strategy is a dynamic team within Credit Risk Management focused on optimizing the ... Industry Credit Risk Management - IF Officer is responsible for portfolio management of the bank ...

US Bank

Impact Finance Officer

San Francisco, CA

Credit Strategy is a dynamic team within Credit Risk Management focused on optimizing the ... Industry Credit Risk Management - IF Officer is responsible for portfolio management of the bank ...

NANO BANC

Chief Credit Officer

Irvine, CA · On-site +1

$300K - $375K/yr

The Chief Credit Officer (CCO) is a vital executive leader responsible for overseeing the ... Credit Risk and Portfolio Management * Monitor credit portfolios and conduct risk assessments to ...

US Bank

Credit Policy Manager

San Francisco, CA · On-site

This individual is a key credit risk leader and partners with the Executive Credit Officers and the business units. The leader must have strong knowledge of credit policy, underwriting practices and ...

Hanmi Bank

Credit Officer II

La Palma, CA · On-site

SUMMARY The Credit Officer II is responsible for assisting Commercial, C&I, SBA, Real Estate ... Candidates should understand risk ratings and be able to provide recommendations for changes in ...

Hanmi Bank

Credit Officer II

La Palma, CA · On-site

$68K - $113K/yr

SUMMARY The Credit Officer II is responsible for assisting Commercial, C&I, SBA, Real Estate ... Candidates should understand risk ratings and be able to provide recommendations for changes in ...

previous page

Showing results 41-60

All JobsCredit Risk Officer JobsCredit Risk Officer Jobs in California

Credit Risk Officer information

See California salary details

$75.5K

$133.1K

$207.7K

How much do credit risk officer jobs pay per year?

As of Aug 17, 2026, the average yearly pay for credit risk officer in California is $133,085.00, according to ZipRecruiter salary data. Most workers in this role earn between $107,600.00 and $152,000.00 per year, depending on experience, location, and employer.

What is a credit risk officer?

A Credit Risk Officer is responsible for assessing and managing the potential risks associated with lending and credit decisions. They analyze financial data, review credit applications, and develop risk mitigation strategies to minimize losses for their organization. Their role involves setting credit policies, monitoring portfolio performance, and ensuring compliance with regulatory requirements. By evaluating creditworthiness, they help financial institutions make informed lending decisions while maintaining a balanced risk-reward approach.

What are the main challenges a credit risk officer typically faces in their daily work?

Credit Risk Officers often encounter the challenge of balancing thorough risk analysis with the need for timely decision-making in a fast-paced environment. They must interpret complex financial data and market trends to make accurate credit assessments while complying with evolving regulatory requirements. Additionally, they may need to communicate difficult lending decisions to clients and collaborate closely with relationship managers and other departments. Successfully managing these challenges requires a combination of technical knowledge, sound judgment, and strong interpersonal skills, making the role both dynamic and rewarding.

What are the key skills and qualifications needed to thrive in the credit risk officer position, and why are they important?

To thrive as a Credit Risk Officer, you need a strong understanding of credit analysis, financial statement evaluation, and risk assessment, typically supported by a degree in finance, economics, or a related field. Familiarity with risk management software, financial modeling tools, and credit rating systems is crucial, and certifications such as FRM or CFA can be beneficial. Strong analytical thinking, attention to detail, and clear communication skills help you effectively assess creditworthiness and explain decisions to stakeholders. These skills are essential for identifying potential risk exposures and making informed lending decisions that protect the organization’s financial interests.

Is it hard to become a credit risk officer?

Becoming a credit risk officer typically requires a bachelor's degree in finance, accounting, or a related field, along with relevant experience in credit analysis or risk management. Strong analytical skills, knowledge of financial statements, and familiarity with risk assessment tools are important, and some roles may require professional certifications like CFA or FRM. The difficulty varies depending on the industry, company, and individual qualifications, but it generally involves gaining experience and developing specialized skills.

What are the most commonly searched types of Credit Risk Officer jobs in California?

The most popular types of Credit Risk Officer jobs in California are:

What are popular job titles related to Credit Risk Officer jobs in California?

For Credit Risk Officer jobs in California, the most frequently searched job titles are:

What job categories do people searching Credit Risk Officer jobs in California look for?

The top searched job categories for Credit Risk Officer jobs in California are:

What cities in California are hiring for Credit Risk Officer jobs?

Cities in California with the most Credit Risk Officer job openings:

What are popular job titles related to Credit Risk Officer jobs in CA?

For Credit Risk Officer jobs in CA, the most frequently searched job titles are:

Credit Risk Officer jobs near you
Infographic showing various Credit Risk Officer job openings in California as of August 2026, with employment types broken down into 87% Full Time, and 13% Part Time. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $133,085 per year, or $64 per hour.

Credit Risk Manager - CREB Community Development Banking

Bank of America

Los Angeles, CA • On-site

Full-time

PTO

Re-posted 2 days ago

Bank Of America rating

8.2

Company rating: 8.2 out of 10

Based on 528 frontline employees who took The Breakroom Quiz

51st of 171 rated banks

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
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 overall portfolio or product set performance and asset quality and may include credit approval authority. Key responsibilities include focusing on but not limited to credit, market, and reputational risk; as well as adherence to credit risk policies and external/internal reporting, including but not limited to Top of House (TOH) and Line of Business (LOB) specific reports or regulatory related reporting. Job expectations include having detailed knowledge of regulatory issues and providing expertise on highly complex transactions to business/support partners.
Responsibilities:
  • Sets or oversees the ongoing management of risk parameters and guardrails for credit risk while ensuring adherence to risk appetite/limits, and actively inspects and/or designs risk scenarios to implement decisions
  • Supports or oversees the credit approval process and therefore is accountable for overall portfolio performance and asset quality, including underwriting, structuring and monitoring tasks
  • Conducts analysis, inspects and/or develops credit risk reporting for specific products, and monitors and reports on key indicators for changes in credit quality to communicate to senior management
  • Sets or oversees adherence to policy and standards and ensures first line credit officers and managers are appropriately performing due diligence that the risk is within the bank's defined risk appetite, using knowledge of stress testing and its applicability to credit risk
  • Monitors for adherence to industry risk governance, as well as monitoring for potential operational, reputational and market risk issues
  • Identifies risks early that could impact the assigned portfolio and coordinates with business counterparts to resolve portfolio issues
  • Translates and manages plans of action to achieve a goal across varying audiences
  • Position requires knowledge and experience with an affordable housing loan portfolio and tax credit investment product set, especially Low Income Housing Tax Credit investments.
  • Position provides credit policy and portfolio management guidance to business partners. Responsible for West Region CDB portfolio and that region's production offices.
  • Mandatory components of the position are applying Credit Risk Policy, overseeing portfolio reviews, forecasting regional asset quality performance, studying industry practices, and working with Credit Officer and Underwriter teammates from deal screening through credit approval, legal documentation and closing. Position will also focus on quick resolution of any problem loans/equity investments should issues arise.
  • Position will have joint credit approval authority, provide expertise on complex transactions having both debt and equity investment exposures, and ensure all approvals and decisions are consistent with the Bank's Risk Framework.
  • Position works directly with the business managers, product and marketing managers, legal, corporate finance, regulatory and executive risk management while managing risks for a multi-state territory.
  • Role provides guidance and mentoring to junior associates and will have input for policy content when updating and reviewing policies applicable to Community Development Banking debt and equity products.
  • Position requires a bias for action and a commitment to achieving sustainable results.
  • Role may require occasional travel for direct client contact or project and market inspections

Required Qualifications:
  • 10+ years of related experience within a financial institution or at least 5+ years of direct experience with federal tax credit investments
  • Must have superior communication and credit skills
  • Knowledge of the primary functions of Community Development Banking teams at Bank of America
  • Credit analysis and underwriting experience for multifamily housing, including financial accounting principles, loan structuring, and experience with interest rate protection products.
  • Technical knowledge and skills pertinent to federal and state tax credit equity investments (especially Low Income Housing Tax Credits and Historic Tax Credits), or prior experience in a risk management role.
  • Requires close working relationships with various business partners.

Skills:
  • Credit and Risk Assessment
  • Critical Thinking
  • Risk Analytics
  • Risk Management
  • Strategic Thinking
  • Decision Making
  • Interpret Relevant Laws, Rules, and Regulations
  • Issue Management
  • Portfolio Analysis
  • Regulatory Compliance
  • Business Intelligence
  • Financial Accounting
  • Inclusive Leadership
  • Influence
  • Presentation Skills

Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - CA - Los Angeles - 333 S HOPE ST - BANK OF AMERICA PLAZA (CA9193), US - CA - San Francisco - 555 California St - Bofa Center - 555 California (CA5705)
Pay and benefits information
Pay range
$137,000.00 - $197,000.00 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.

What Bank Of America employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Bank Of America logo

About Bank Of America

Sourced by ZipRecruiter

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

Year founded

1998

Social media

FacebookTwitter

View All Bank Of America Jobs

Apply