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Credit Risk Jobs in Connecticut (NOW HIRING)

First County Bank

Credit Manager

Stamford, CT · On-site

$125K - $160K/yr

Determine/recommend risk rating. * Collaborate with Business Banking partners to develop structure of credit facility during the issuance of term sheets and during underwriting, as appropriate. * Be ...

AQR

2027 Risk Summer Analyst

Greenwich, CT · On-site

The Team AQR's Risk Management team has direct responsibility for monitoring and managing market, liquidity, credit, model and operational risk exposures of firm-managed investments. The team ...

AQR

2027 Risk Summer Analyst

Greenwich, CT

The Team AQR's Risk Management team has direct responsibility for monitoring and managing market, liquidity, credit, model and operational risk exposures of firm-managed investments. The team ...

Payarc LLC

Underwriter

Greenwich, CT

Independently make credit risk decisions for approval, credit holds or declines of merchant applications * Communicate underwriting approval and declines decisions effectively in both verbal and ...

Payarc LLC

Underwriter

Greenwich, CT · On-site

$70K/yr

Independently make credit risk decisions for approval, credit holds or declines of merchant applications * Communicate underwriting approval and declines decisions effectively in both verbal and ...

Valitana LLC

Client Services Analyst

Stamford, CT · On-site

$100K - $120K/yr

This is a hands-on, client-facing role for an analytically minded professional eager to build deep expertise in specialty insurance, credit risk, and FinTech. Responsibilities * Support the ...

Valitana LLC

Client Services Analyst

Stamford, CT · On-site

$100K - $120K/yr

This is a hands-on, client-facing role for an analytically minded professional eager to build deep expertise in specialty insurance, credit risk, and FinTech. Responsibilities * Support the ...

Liberty Bank

Senior Commercial Underwriter

Middletown, CT · On-site

$100K - $118K/yr

You will serve as a technical subject matter expert, translating financial data into sound credit decisions that align with the Bank's risk appetite and regulatory standards ESSENTIAL FUNCTIONS:

lbank

Senior Commercial Underwriter

Middletown, CT

$100K - $118K/yr

You will serve as a technical subject matter expert, translating financial data into sound credit decisions that align with the Bank's risk appetite and regulatory standards ESSENTIAL FUNCTIONS:

lbank

Small Business Underwriter

Middletown, CT · On-site

The incumbent will need to exercise objective reasoning and use sound judgment to determine compliance with credit policies and acceptable risk tolerance. Credit decisions will be made in accordance ...

Liberty Bank

Small Business Underwriter

Middletown, CT · On-site

The incumbent will need to exercise objective reasoning and use sound judgment to determine compliance with credit policies and acceptable risk tolerance. Credit decisions will be made in accordance ...

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Showing results 1-20

All JobsCredit Risk JobsCredit Risk Jobs in Connecticut

Credit Risk information

See Connecticut salary details

$47.6K

$104K

$174.1K

How much do credit risk jobs pay per year?

As of Jun 9, 2026, the average yearly pay for credit risk in Connecticut is $103,989.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,300.00 and $135,100.00 per year, depending on experience, location, and employer.

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 statements, and a background in finance, economics, or a related field, often supported by a relevant degree or certification (such as FRM or CFA). Familiarity with risk assessment tools, financial modeling software, and credit rating systems is typically required. Attention to detail, critical thinking, and effective communication are essential soft skills for interpreting data and presenting risk assessments to stakeholders. These skills and qualities are crucial for making informed decisions that minimize financial losses and ensure sound lending practices.

What is the difference between Credit Risk vs Credit Analyst?

AspectCredit RiskCredit Analyst
Primary FocusAssessing the likelihood of borrower default to manage overall credit riskAnalyzing credit data to determine creditworthiness of individual applicants
Work EnvironmentRisk management teams, financial institutions, credit departmentsBanking, lending institutions, financial services
Required CredentialsOften requires risk management certifications, finance degreesFinance or accounting degrees, certifications like CFA or credit-specific courses

While both roles involve understanding credit, Credit Risk focuses on managing the overall risk exposure of an organization, whereas a Credit Analyst evaluates individual credit applications to determine approval. Both roles are essential in the lending process but differ in scope and responsibilities.

What is credit risk and what does a credit risk professional do?

Credit risk refers to the possibility that a borrower or counterparty will fail to meet their financial obligations, such as repaying a loan or making payments on time. Credit risk professionals analyze financial data, assess the creditworthiness of individuals or companies, and help set lending policies to minimize potential losses for banks or financial institutions. They use various models and tools to evaluate risk, monitor existing loans, and recommend strategies to mitigate exposure. Their work is essential for maintaining the financial health and stability of lending organizations.

What are some typical challenges faced by professionals in credit risk roles, and how can they be addressed?

Credit risk professionals often encounter challenges such as assessing the creditworthiness of new and existing clients, keeping up with rapidly changing market conditions, and managing large volumes of data to make informed decisions. To address these, it's important to stay updated on industry trends, develop strong analytical and communication skills, and leverage advanced risk assessment tools. Collaborating closely with colleagues in underwriting, sales, and compliance teams also helps ensure well-rounded risk evaluations and consistent application of policies.
What are the most commonly searched types of Credit Risk jobs in Connecticut? The most popular types of Credit Risk jobs in Connecticut are:
What are popular job titles related to Credit Risk jobs in Connecticut? For Credit Risk jobs in Connecticut, the most frequently searched job titles are:
What job categories do people searching Credit Risk jobs in Connecticut look for? The top searched job categories for Credit Risk jobs in Connecticut are:
Credit Risk jobs near you
Infographic showing various Credit Risk job openings in Connecticut as of May 2026, with employment types broken down into 86% Full Time, 11% Part Time, and 3% Contract. Highlights an 93% Physical, 1% Hybrid, and 6% Remote job distribution, with an average salary of $103,989 per year, or $50 per hour.
Credit Manager

Credit Manager

First County Bank

Stamford, CT • On-site

$125K - $160K/yr

Full-time

Posted 5 days ago

Job description

At First County Bank, You + We =Team
YOU - Bring your talent, hunger to learn and desire to grow.
WE - Will provide you with the training and experience you need to become a Trusted Advisor to your clients.
TEAM - As part of the FCB team, you will share in the satisfaction of working for a respected 170-year-old institution with deep community roots and a tradition of giving back.
First County Bank - It's where you belong!
We are looking for a Credit Manager to join our Credit Administration team! This individual maintains primary responsibility for the department and is a member of the Bank's Senior Lending Committee responsible for approving loans, modifications, and other Credit Administration reports within Lending Policy delegation. Work Hours: 8:30am - 4:30pm, Monday through Friday.
Primary Responsibilities:
  • Manages Credit Administration's workflow and skills in alignment with Business Banking loan production; has broad and deep knowledge of commercial real estate, commercial & industrial, and commercial construction lending, with particular focus on the Fairfield County, Connecticut and Westchester, New York markets.
  • Maintains primary responsibility for quality, detail, appropriateness, and timeliness of credit underwriting.
  • Manages credit administration requirements (financial statement receipt, financial covenant tracking, and management of an annual review schedule).
  • Supports the Chief Credit Officer with loan review, audit, and regulatory examination requirements, Lending Policy and procedures, and awareness of regulatory, audit, and marketplace changes that affect the Bank.
  • Monitors loan pipeline, workflow, credit administration requirements and individual task assignments.
  • Schedule staff to ensure adequate coverage; cross-train staff to maintain accuracy, data integrity, and operational efficiency while maintaining compliance with Bank, state, and federal regulations and guidelines.
  • Be the first point of contact for analysts and lenders for Credit Administration matters.
  • Develop and maintain a firm understanding of the Bank's Lending Policy and be able to make decisions based on policy, procedures and/or regulatory guidance as well as prior experience.
  • Ensure team adherence to deadlines, including credit approval & annual review timelines and Reg. B deadlines.
  • Oversee the maintenance and management of the Bank's commercial credit underwriting software platform (Abrigo), including the Business Banking loan origination workflow.
  • Use loan origination/underwriting/portfolio management software (Abrigo) to obtain financial statements and required portfolio management/credit administration materials.
  • Represent Credit Administration internally and externally, with particular focus on relationship with Business Banking partners; May present certain reports to senior and executive management.
  • Maintain awareness of changes to the regulatory/audit environment and recommend corresponding changes in policies and procedures, as necessary.
  • Maintain the Credit Administration procedures manual.
  • Assist with selection/hiring staff appropriate for any vacant Credit Administration role(s); identify team and individual training/coaching/development needs and cultivate the annual credit training syllabus; prepare performance reviews and conduct performance review sessions; make compensation and promotion recommendations.
  • Support the Chief Credit Officer in the preparation and submission of required financial and board reports on a timely basis.
  • Oversee the execution of established appraisal process with internal and third-party entities, as applicable.
  • Collaborate with Business Banking colleagues to anticipate and respond to credit needs of customers and prospects; Visit/call customers and prospects with or without Loan Officers to conduct necessary due diligence.
  • Assist with obtaining required credit administration materials, including financial statements and other due diligence materials, and ensure appropriate financial information is entered into loan origination/underwriting/portfolio management software.
  • Ensure analysis of the borrower and the credit request is completed within an acceptable time frame and in conjunction with the Bank's credit approval delegations, including assessment of management, financial statements, sensitivity to changing market conditions and interest rates, collateral, industry, borrower, and guarantor, etc. to support loan structuring and approval.
  • Identify/analyze risks and develop/identify mitigating factors; Determine/recommend risk rating.
  • Collaborate with Business Banking partners to develop structure of credit facility during the issuance of term sheets and during underwriting, as appropriate.
  • Be innovative and creative within the Bank's Lending Policy and regulatory guidance.
  • Utilize approval authority to approve facilities within that authority; Ensure credit facilities are documented and closed according to the approval, including validating that loan conditions are satisfied.
  • In conjunction with Chief Credit Officer, allocate and adjust portfolios to individual analysts for ongoing underwriting, monitoring, and reporting while maintaining appropriate distribution of work across the team and aligned with the skill levels of the analysts.
  • Maintain annual review schedule aligning with Lending Policy and ensure team adherence to the defined schedule each month.
  • Ensure portfolio management includes timely and accurate assessment of the borrower's risk profile through appropriate analysis of the borrower, collateral, guarantor(s), industry, financial statements, borrower cash flow, global cash flow, sensitivity analysis, etc. to support origination, renewal and servicing events.
  • Ensure timely and accurate risk ratings and appropriate escalation of deteriorating credits to senior and executive staff and the board of directors, as necessary; Transition loans to workout/remediation, as appropriate.
  • Utilize lending authority to approve renewals and modifications in accordance with Lending Policy.
  • Perform servicing events on assigned portfolio as scheduled, including regular reviews, borrowing base calculations, collateral evaluations, covenant compliance calculations, etc. Assess risk in assigned portfolio by independently conducting reviews, analysis and research.
  • Ensure credit administration ticklers are addressed in a timely fashion and updated within the portfolio management software.
  • Provide an excellent customer experience by assisting in problem resolution for customers and responding to customer requests for modifications, extensions, increases, etc.; Identify deteriorating credit situations and recommend appropriate action.
  • Proactively monitor the portfolio for additional credit opportunities (i.e., recommend guidance lines for borrowers with frequent equipment purchases) and refer such opportunities to Business Banking partners.
  • Establish strong working relationships and provide excellent customer service to partner groups including Business Banking, branch managers, cash management, credit risk review, and other operational areas. Provide timely and thorough responses to all requests for information.
  • Prior experience with allowance for credit losses methodologies and calculations a plus.
  • Supports construction portfolio oversight.
  • Assists with quarterly certification of key and mitigating controls for the division.
  • Ability to identify data integrity issues and recommend solutions to improve data across in Credit Administration and Business Banking.
  • Report writing experience with tools such as Abrigo and iDashboards.
  • Assist with monitoring and management of Credit Administration's annual Strategic Plan ScoreCard and annual budgeting.
  • Seeks out opportunities to improve job skills and personal development; Volunteer and/or provide leadership in community/civic activities.
  • Innovate within Bank policies where possible, i.e. assisting with writing underwriting policies and procedures for new products and services.

Requirements/Qualifications:
  • College degree or equivalent experience required.
  • Completion of a formal commercial credit-training program or equivalent.
  • Minimum five years of experience in commercial credit team management, underwriting, portfolio management, credit administration, and/or commercial relationship management with a heavy concentration on financial analysis.
  • Thorough knowledge of financial accounting theory and logic, loan structuring, commercial products and services, as well as regulatory and accounting guidance. Excellent written and verbal communication skills. Strong interpersonal and presentation skills required. Ability to interpret and discuss analytical data. Prior experience managing a commercial credit team is preferred.
  • Excellent PC, software and financial analysis skills.
  • Limited travel required; Ability to travel to business locations.
  • Position eligible for the Bank's Remote Work policy.

Salary commensurate with experience.
Wage Range: $125,000 - $160,000
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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