ZipRecruiter

Log In

1

Credit Risk Jobs in New Rochelle, NY (NOW HIRING)

Reach Financial

Credit Risk Analyst

New York, NY

Credit Risk Analyst/Associate Location: NYC (3-4 days in office; EST hours) Compensation: $90,000 - $110,000 (depending on experience level) + bonus What is Reach Financial? Reach Financial is a ...

IDBNY

Credit Risk Analytics & Modeling

Manhattan, NY · On-site

Risk Management / Credit Risk Management Location: New York, NY (Hybrid - 3 days in office) Employment Type: Full-time Reports to: Head of Credit Risk Analytics & Modeling Visa Sponsorship: Not ...

Reach Financial

Credit Risk Analyst

New York, NY · On-site

Perform data analysis across various marketing channels to optimize credit risk, origination volume and funnel conversion. * Utilize statistical and segmentation tools to develop data driven business ...

next page

Showing results 1-20

All JobsCredit Risk JobsCredit Risk Jobs in New Rochelle, NY

Credit Risk information

See New Rochelle, NY salary details

$51.5K

$112.5K

$188.3K

How much do credit risk jobs pay per year?

As of Jul 5, 2026, the average yearly pay for credit risk in New Rochelle, NY is $112,491.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,200.00 and $146,100.00 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 job categories do people searching Credit Risk jobs in New Rochelle, NY look for? The top searched job categories for Credit Risk jobs in New Rochelle, NY are:
What cities near New Rochelle, NY are hiring for Credit Risk jobs? Cities near New Rochelle, NY with the most Credit Risk job openings:
Credit Risk jobs near you

Credit Risk Model Owner

BizTek People, Inc. | APA International Placement Consultants

Manhattan, NY • On-site

Full-time

Posted 26 days ago

Job description


An iInternational banking organization seeks Analyst or Associate level of Credit Risk Model Owner to serve as local model owner to monitor and manage credit risk related models for the Bank's
Responsibilities: Delivery
• Conduct model performance monitoring based on monitoring plan and subsequent revisions, communicate with team leads, model validation team, model users and other stakeholders
• Maintain the An iit risk related model inventories, work with model validators to prepare the model documentation package, model attestation, etc.
• Address model risk findings which are issued by model validation group and internal audit generally
• Develop internal credit risk models collaborating with Tokyo Head Office, Model Validation team and/or external vendors
• 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
Interpersonal Objectives:
• 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
• Consider the best approach to address the issues and feedback from model users
• Make presentations to senior management and regulators about credit risk related models and make trainings to model users
Requirements
  • Strong knowledge of Model RiskManagement framework, regulation and industry practice (Experience relatedto Credit Risk Rating Model is better)
  • Good experience and knowledge asCredit Risk Model Owner including developing credit rating models anddocumentation
  • Strong presentation skills tocreate visualized charts/materials for readers including regulators andsenior management
  • Demonstrated ability to workindependently and successfully manage multiple priorities and stakeholdersunder pressure
  • Ability to communicateappropriately at different levels of the organization to buildcollaborative relationships

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

Benefits
Good benefits

Apply