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

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 ...

Clear Street

Director - Credit Risk

Manhattan, NY · On-site

$180K - $250K/yr

As Director of Credit Risk at Clear Street, you will be a senior leader within the Risk Management Team, responsible for shaping and executing the firm's credit risk strategy as it scales. This role ...

BNY Mellon

Director, Credit Risk Review

Manhattan, NY · On-site

Lead the development and execution of a risk-based annual Credit Risk Review plan covering key portfolios, products, and counterparties, by applying deep credit, regulatory, and market knowledge to ...

Clear Street

Director - Credit Risk

New York, NY · Hybrid

$180K - $250K/yr

As Director of Credit Risk at Clear Street, you will be a senior leader within the Risk Management Team, responsible for shaping and executing the firm's credit risk strategy as it scales. This role ...

Clear Street

Director - Credit Risk

New York, NY · On-site

$180K - $250K/yr

As Director of Credit Risk at Clear Street, you will be a senior leader within the Risk Management Team, responsible for shaping and executing the firm's credit risk strategy as it scales. This role ...

Page Group

Commodities Credit Risk Analyst

Manhattan, NY · On-site

$100K - $150K/yr

Description Conduct detailed credit assessments of existing and prospective counterparties, including financial statement analysis and risk evaluation. Support business teams by providing credit ...

MUFG

Credit Risk Professional

New York, NY · Hybrid

The Analyst will be responsible for assisting with the administration, monitoring, and risk management of a portfolio of commodity finance credit facilities, including borrowing base facilities ...

Colorwave Inc

Director, Credit Risk

Manhattan, NY · On-site

$231K - $289K/yr

Credit Risk At Brex Credit Risk plays a critical role in enabling Brex's growth by balancing responsible risk management with exceptional customer experiences. As our customer base continues to grow ...

Brex

Director, Credit Risk

Manhattan, NY · On-site

Credit Risk at Brex Credit Risk plays a critical role in enabling Brex's growth by balancing responsible risk management with exceptional customer experiences. As our customer base continues to grow ...

MUFG Bank, Ltd.

Credit Risk Professional

New York, NY · On-site

The Analyst will be responsible for assisting with the administration, monitoring, and risk management of a portfolio of commodity finance credit facilities, including borrowing base facilities ...

Brex

Director, Credit Risk

New York, NY · On-site

Credit Risk at Brex Credit Risk plays a critical role in enabling Brex's growth by balancing responsible risk management with exceptional customer experiences. As our customer base continues to grow ...

Brex

Director, Credit Risk

New York, NY · Hybrid

$231K - $289K/yr

Credit Risk at Brex Credit Risk plays a critical role in enabling Brex's growth by balancing responsible risk management with exceptional customer experiences. As our customer base continues to grow ...

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Showing results 21-40

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 Aug 6, 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 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 popular job titles related to Credit Risk jobs in New Rochelle, NY? For Credit Risk jobs in New Rochelle, NY, the most frequently searched job titles are:
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
Infographic showing various Credit Risk job openings in New Rochelle, NY as of July 2026, with employment types broken down into 85% Full Time, 14% Part Time, and 1% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $112,491 per year, or $54.1 per hour.

Credit Risk Analytics & Modeling

IDBNY

Manhattan, NY • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 3 days ago

Job description

First Vice President, Credit Risk Analytics & Modeling
Department: 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 available
About IDB Bank
For more than 70 years, IDB Bank has been committed to delivering exceptional service and building long-term client relationships through disciplined banking, strong partnership, and a high-touch approach. As a growing commercial bank, IDB offers the opportunity to work in a collaborative, entrepreneurial environment where talented professionals can make a visible impact and help shape the future of the institution.
The Opportunity
IDB Bank is seeking an experienced credit risk professional to join its Credit Risk Analytics & Modeling team in a high-impact role supporting the continued evolution of the bank's wholesale credit risk framework. This position is ideal for a candidate who combines deep quantitative and modeling expertise with a practical, business-oriented mindset and a passion for building scalable solutions in a growth-oriented institution.
The successful candidate will play a central role in the ownership, enhancement, and governance of the bank's internal and vendor credit risk models, including risk rating scorecards, expected loss implementation, override monitoring, portfolio analytics, and credit stress testing. This individual will partner closely with stakeholders across Credit, Finance, Technology, and Data Governance to strengthen analytics, automate processes, and improve the quality, transparency, and usability of model outputs across the organization.
This is an excellent opportunity for a hands-on credit risk modeling leader who wants to bring energy, judgment, and modern analytical thinking to a smaller institution where meaningful contributions are visible and create immediate impact.
Key Responsibilities
Credit Risk Model Ownership & Analytics
  • Serve as the subject matter expert for the bank's wholesale credit risk rating and scorecard models, helping ensure consistent, effective use across underwriting, monitoring, and portfolio management activities. Lead enablement for model users (training sessions, job aids, interpretation guidance, vendor tool upgrades), improving consistency and decision quality.
  • Maintain, test, monitor, and enhance internal and vendor-supported credit risk models, with a focus on model performance, applicability, transparency, and business usability.
  • Design and implement reporting and analytics to support portfolio Expected Loss execution, model override monitoring, and portfolio risk insights generation.
Model Lifecycle Management, Governance & Validation
  • Lead annual model maintenance activities and support the full model lifecycle, including monitoring, documentation, change management, issue remediation, and user guidance.
  • Coordinate annual validation efforts with third-party validators by explaining methodologies, processes, assumptions, and monitoring results, and by managing the resolution of findings and recommendations.
  • Enhance monitoring and governance practices to ensure that model oversight is not only compliant, but also practical, efficient, and informative for decision-makers.
Scorecard Development & Portfolio Stress Testing
  • Lead the refit and, where appropriate, redevelopment of credit scorecards for the Commercial & Industrial, Commercial Real Estate and Private Banking portfolios.
  • Elevate the bank's credit portfolio stress testing framework, methodologies, and reporting to support stronger portfolio management, concentration analysis, and risk oversight.
  • Contribute to the ongoing development of value-added portfolio analytics that enhance the bank's risk-return framework and support more informed credit decisions.
Data, Technology & Process Improvement
  • Define business data requirements and partner with Technology and Data Governance teams to improve credit risk data aggregation, reporting, controls, and analytics infrastructure.
  • Use analytical tools and automation techniques to reduce manual processes, strengthen controls, and increase the consistency and repeatability of reporting and model monitoring outputs.
  • Identify opportunities to improve workflows, enhance transparency, and bring structure to evolving processes within a growing institution.
Cross-Functional Partnership & Communication
  • Act as a trusted partner to stakeholders across Risk, Front Office, Finance, Technology, Loan Operations, and related functions to gather information, align priorities, and deliver high-quality solutions.
  • Support internal audit, external review, due diligence, and regulatory-facing requests through clear documentation, analytical support, and effective communication of model methodologies and key findings.
  • Present model outputs, portfolio insights, and technical concepts in a clear and concise way to senior stakeholders, including senior management, external vendors, and regulators.

Qualifications
Required
  • 7-10+ years of hands-on experience in credit risk modeling, analytics, model governance, or a closely related quantitative risk function within a financial institution or consulting environment.
  • Strong experience across the credit model lifecycle, including development, testing, monitoring, maintenance, validation support, and implementation. Familiarity with model risk management expectations and governance frameworks, including SR 11-7-aligned practices.
  • Deep understanding of wholesale credit risk, including Commercial / Corporate Banking and Commercial Real Estate exposures, and the relevant credit risk drivers and portfolio metrics (e.g., PD, LGD, DSCR, LTV, NOI).
  • Experience with credit risk rating models and scorecards, including internal frameworks and/or vendor solutions such as Moody's CreditLens®, RiskCalc, CMM, dual risk ratings, and specialty scorecards.
  • Strong analytical and technical toolkit, including advanced Excel, PowerPoint, Power Query, and experience with analytics / programming tools such as Python; experience with Power BI is strongly preferred.
  • Demonstrated ability to work independently, prioritize effectively, and manage multiple deliverables and stakeholders in a dynamic environment.
  • Excellent written and verbal communication skills, with the ability to translate technical model concepts into actionable business insights.
  • Bachelor's degree in Finance, Economics, Statistics, Mathematics, Data Science, or another quantitative discipline.
Preferred
  • Experience automating monitoring, reporting, or model-related processes in a banking or regulated financial services environment.
  • Professional certifications such as FRM, CFA, or related credentials are a plus.

What Makes This Role Compelling
This role offers the opportunity to join a growing commercial bank where credit risk analytics and modeling are increasingly important to the institution's strategy and risk framework. Unlike highly segmented roles at larger organizations, this position offers meaningful ownership across model oversight, scorecard enhancement, stress testing, automation, governance, and stakeholder engagement. For the right candidate, it is an opportunity to bring both technical depth and practical leadership to a team that values initiative, collaboration, and solutions that drive measurable impact.
Compensation
The expected annual salary for this position is between $170,000 - $210,000 at the start of employment. A salary offer will be determined on an individualized basis, taking into consideration factors such as experience, skills, and qualifications. In addition to base salary, IDB Bank offers a comprehensive total rewards package, including annual bonus eligibility, medical, dental, vision, life and disability coverage, employee wellness programs, retirement and savings plans with employer contributions, generous bank holidays and paid time off, parental leave, and tuition reimbursement.
Equal Opportunity / Additional Information
The above statements are intended to describe the general nature and level of work being performed by individuals assigned to this position and are not intended to be an exhaustive list of all responsibilities, duties, and skills required. Responsibilities may evolve over time based on business needs. All qualified applicants will receive consideration for employment in accordance with applicable federal, state, and local laws and regulations. Physical presence in IDB Bank's office(s) is an essential function of this role, subject to reasonable accommodations where required by law.
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