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Credit Risk Jobs in Maryland (NOW HIRING)

Capital Bank

Credit Underwriter IV

Rockville, MD · Hybrid

$115K - $155K/yr

Interacts with management relative to overall credit risk assessments and analysis * Mentors and coach's analysts within the team to help develop their skills * Perform quantitative and qualitative ...

APGFCU

Business Credit Officer

Edgewood, MD · On-site

Determine the credit risk profiles based on financial analysis and market conditions. * Analyze financial spreads to identify potential risks associated with credit applications. * Prepare ...

APGFCU

Business Credit Officer

Edgewood, MD · On-site

Determine the credit risk profiles based on financial analysis and market conditions. * Analyze financial spreads to identify potential risks associated with credit applications. * Prepare ...

APGFCU

Business Credit Officer

Edgewood, MD · On-site

$103 - $175/hr

Determine the credit risk profiles based on financial analysis and market conditions.Analyze financial spreads to identify potential risks associated with credit applications.Prepare comprehensive ...

Capital Bank

Credit Underwriter IV

Rockville, MD · On-site

$115K - $155K/yr

Interacts with management relative to overall credit risk assessments and analysis * Mentors and coach's analysts within the team to help develop their skills * Perform quantitative and qualitative ...

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Showing results 21-40

All JobsCredit Risk JobsCredit Risk Jobs in Maryland

Credit Risk information

See Maryland salary details

$48.5K

$106.1K

$177.6K

How much do credit risk jobs pay per year?

As of Aug 7, 2026, the average yearly pay for credit risk in Maryland is $106,094.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,800.00 and $137,800.00 per year, depending on experience, location, and employer.

What is the average salary of a credit risk analyst?

The average salary of a credit risk analyst typically ranges from $60,000 to $85,000 annually, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications can earn higher salaries, often supplemented with bonuses and benefits.

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.

How to start a career in credit risk?

To start a career in credit risk, obtain a bachelor's degree in finance, economics, or a related field, and develop strong analytical and quantitative skills. Gaining experience through internships or entry-level roles in banking, finance, or risk management helps build relevant expertise, and earning certifications like the Financial Risk Manager (FRM) can enhance job prospects.
What are the most commonly searched types of Credit Risk jobs in Maryland? The most popular types of Credit Risk jobs in Maryland are:
What are popular job titles related to Credit Risk jobs in Maryland? For Credit Risk jobs in Maryland, the most frequently searched job titles are:
What job categories do people searching Credit Risk jobs in Maryland look for? The top searched job categories for Credit Risk jobs in Maryland are:
What cities in Maryland are hiring for Credit Risk jobs? Cities in Maryland with the most Credit Risk job openings:
Credit Risk jobs near you
Infographic showing various Credit Risk job openings in Maryland as of August 2026, with employment types broken down into 67% Full Time, and 33% Contract. Highlights an 100% In-person job distribution, with an average salary of $106,094 per year, or $51 per hour.

Model Risk Senior Analyst - Validation (AI, Cyber, Technology)

M&T Bank

Baltimore, MD

$113K - $188K/yr

Full-time

Re-posted 8 hours ago

M&T Bank rating

7.8

Company rating: 7.8 out of 10

Based on 185 frontline employees who took The Breakroom Quiz

89th of 170 rated banks

Job description

Overview: The Senior Model Validation Analyst is responsible for executing robust, independent validations of quantitative and qualitative models across the enterprise. This role serves as a key control function within Model Risk Management (MRM), ensuring models are conceptually sound, empirically validated, and compliant with regulatory and internal standards.

Primary Responsibilities:
  • Lead end-to-end validation of several model families including Consumer CCAR and CECL credit risk models, AI/ML models, Cybersecurity and Technology models.
  • Conduct the validation and analysis of expert judgment or qualitative factors that augment quantitative models; review to confirm proper controls and adequate documentation are in place
  • Perform independent challenge of model methodologies, benchmarking, back-testing, sensitivity analysis, and stress testing
  • Maintain high-quality documentation of validation work, findings, and conclusions to withstand internal audit and regulatory scrutiny.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable
  • Support remediation of validation, audit, and regulatory findings.
  • Partner with model developers, business stakeholders, and risk managers to communicate validation outcomes, challenge assumptions, and recommend improvements.
Scope of Responsibilities:

Independently manage multiple validation projects.
Partner with business lines including Credit Risk, Finance, Technology, and Wealth.
Balance regulatory expectations with business objectives.
Contribute to continuous improvement of validation practices and governance.

Supervisory/Managerial Responsibilities:

Individual contributor with opportunities to mentor junior analysts and provide technical guidance.

Education and Experience Required:

Master's or Doctoral Degree in Mathematics, Statistics, Business Engineering, Econometrics, or Science-based discipline,

Plus 4 years' experience in model development or validation, with a combined minimum of >5 years' higher education and relevant work experience.

Technical knowledge of advanced software packages used in analytics.

Education and Experience Preferred:

Master's or PhD in a quantitative discipline (Finance, Economics, Statistics, Mathematics, Engineering).
7-10+ years in model validation, development, or quantitative analytics.
Strong knowledge of model risk, SR 11-07, SR 26-2, and regulatory expectations.
Proficiency in Python, SAS, R, or similar tools.
Strong analytical, communication, and stakeholder management skills.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $113,300.00 - $188,800.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.LocationBaltimore, Maryland, United States of America

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