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Credit Risk Salary Jobs in Delaware (NOW HIRING)

Director, Credit Risk

Newark, DE ยท On-site

$100 - $130/hr

Oversee and manage credit risk management strategies to ensure credit risks are properly assessed ... Competitive base salaries and bonus incentives. * Generous PTO, floating holidays and 12 federal ...

... the salary range over time as they progress in their role. The base pay actually offered may vary ... Risk Management The Credit Risk Strategy Manager I (US) manages the creation, implementation and ...

As part of Credit Risk Management, you are at the center of keeping JPMorgan Chase strong and ... We offer a competitive total rewards package including base salary determined based on the role ...

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Credit Risk Salary information

What is the average salary for a credit risk analyst?

The average salary for a credit risk analyst varies depending on experience, location, and industry. In the United States, entry-level credit risk analysts typically earn between $55,000 and $75,000 per year, while those with several years of experience or advanced certifications can earn upwards of $90,000 to $120,000 annually. Senior credit risk professionals and managers may earn even higher salaries, especially in major financial centers. Compensation can also include bonuses and benefits, depending on the employer.

What are the typical challenges faced by professionals working in credit risk analysis roles?

Professionals in credit risk analysis often encounter challenges such as evaluating complex financial information under tight deadlines, keeping up with evolving regulatory requirements, and adapting to rapidly changing market conditions. They must balance the need for thorough risk assessment with the demands for quick decision-making from stakeholders. Collaboration with other departments, such as sales and compliance, is common and requires strong communication skills to ensure accurate risk profiling and alignment with company policies.

What is the difference between Credit Risk Salary vs Credit Analyst Salary?

AspectCredit Risk SalaryCredit Analyst Salary
Required CredentialsBachelor's degree, certifications like CFA or FRM often preferredBachelor's degree, certifications like CFA or similar advantageous
Work EnvironmentRisk management teams within banks, financial institutionsCredit departments, lending teams in banks and financial firms
Employer & Industry UsageUsed in risk assessment roles across finance sectorsCommonly used in credit evaluation and lending processes

Both roles involve financial analysis and require similar credentials, but Credit Risk Salary pertains to broader risk management positions, while Credit Analyst Salary focuses specifically on credit evaluation and lending decisions within financial institutions.

What are the key skills and qualifications needed to thrive as a credit risk analyst, and why are they important?

To thrive as a Credit Risk Analyst, you need strong analytical skills, a solid understanding of financial principles, and typically a degree in finance, economics, or a related field. Proficiency with risk modeling tools, data analysis software such as Excel, SAS, or SQL, and familiarity with credit rating systems are important technical requirements. Attention to detail, problem-solving abilities, and effective communication are standout soft skills in this role. These competencies are crucial for accurately assessing creditworthiness, mitigating financial risk, and supporting informed lending decisions.
What are popular job titles related to Credit Risk Salary jobs in Delaware? For Credit Risk Salary jobs in Delaware, the most frequently searched job titles are:
What job categories do people searching Credit Risk Salary jobs in Delaware look for? The top searched job categories for Credit Risk Salary jobs in Delaware are:
What cities in Delaware are hiring for Credit Risk Salary jobs? Cities in Delaware with the most Credit Risk Salary job openings:

Director, Credit Risk

SMB Shared Services, Inc.

Newark, DE โ€ข On-site

$100 - $130/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 4 days ago


Job description

When you join Sallie Mae, you become a champion for all students. Weโ€™re on a mission to power confidence as students begin their unique journey and to help them plan their higher education, successfully finish, and prepare for life after school. Our values emphasize impact, collaboration and continuous learning.

Responsibilities
  • Oversee and manage credit risk management strategies to ensure credit risks are properly assessed, monitored and mitigated.
  • Establish and maintain an effective credit risk framework, including assessment methodologies, risk appetite, limits and mitigation strategies.
  • Evaluate and analyze credit risk exposure across various business lines, products and customer segments.
  • Conduct comprehensive credit risk assessments and provide recommendations to senior management and the Board of Directors.
  • Monitor and review credit portfolios to identify emerging risks, trends and potential areas of concern.
  • Collaborate with internal stakeholders (originations, sales, finance teams) to integrate credit risk considerations into business decisions and processes.
  • Develop and implement credit risk monitoring tools and systems to enhance risk identification, measurement and reporting.
  • Foster relationships with external stakeholders โ€“ credit rating agencies, auditors and regulators โ€“ to ensure effective communication and collaboration on credit risk matters.
Minimum Qualifications
  • Strong knowledge of credit risk principles, methodologies and regulatory requirements.
  • Demonstrated experience developing and implementing credit risk management frameworks, policies and procedures.
  • Proven ability to analyze complex credit portfolios and assess credit risk exposure.
  • Excellent understanding of financial statements, financial analysis and risk assessment techniques.
  • Experience managing and leading a team of credit risk professionals.
  • Exceptional analytical and problemโ€‘solving skills with the ability to think strategically and make informed decisions.
Preferred Qualifications
  • Bachelorโ€™s degree in finance, economics, business administration or a related field.
  • 7+ years of experience in credit risk management within the financial services industry, focusing on corporate or commercial lending.
Benefits
  • Competitive base salaries and bonus incentives.
  • Generous PTO, floating holidays and 12 federal holidays.
  • Support for financial wellbeing and retirement โ€“ 401(k) with employer match.
  • Comprehensive medical, dental, vision, hospital indemnity, critical illness and pet insurance.
  • Employer paid shortโ€‘term and longโ€‘term disability and basic life insurance.
  • Flexible hybrid working arrangements.
  • Paid parental leave and adoption reimbursement programs.
  • Onโ€‘site staffed fitness centers (in Delaware) and gym subsidy outside Delaware.
  • Confidential counseling support (EAP), health advocacy services and wellness programs with financial incentives.
  • Tuition reimbursement and family scholarship programs.
  • Career development and training opportunities.
Americans with Disabilities Act

Reasonable accommodations are available for applicants with disabilities in all phases of the application and employment process.

Equal Opportunity Statement

Sallie Mae is proud to be an equal opportunity (EEO) employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, age, genetic information, disability, veteran status or any other characteristic protected by federal, state or local law.

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