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Director Credit Risk Management Jobs in Virginia

Freddie Mac

Seller Credit Risk Manager

Mclean, VA · On-site

$128K - $192K/yr

The Single-Family Seller Credit Risk Management team is an integral part of ensuring the credit risk Freddie Mac takes on is appropriately monitored and managed at a Seller/Servicer level to support ...

Sallie_mae

Manager, Credit Risk

Sterling, VA · On-site

Support issue management activities, including identification, root cause assessment, remediation ... without direct authority. * Strong analytical capability and problem-solving skills with the ...

Visa

Director, VCA NA Risk Practice

Ashburn, VA

This person will design, implement, and optimize strategies across the credit lifecycle to enhance risk management, improve decision-making, and drive business growth. This role requires deep ...

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All JobsDirector Credit Risk Management JobsDirector Credit Risk Management Jobs in Virginia

Director Credit Risk Management information

See Virginia salary details

$53.5K

$142K

$257.8K

How much do director credit risk management jobs pay per year?

As of Jun 25, 2026, the average yearly pay for director credit risk management in Virginia is $141,956.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,600.00 and $166,100.00 per year, depending on experience, location, and employer.

What is the difference between Director Credit Risk Management vs Credit Risk Analyst?

AspectDirector Credit Risk ManagementCredit Risk Analyst
Required CredentialsBachelor's degree, often advanced degrees, certifications like CFA or FRMBachelor's degree, certifications like CFA or FRM are common but less mandatory
Work EnvironmentStrategic leadership, overseeing teams, high-level decision makingData analysis, risk assessment, supporting senior staff
Employer & Industry UsageFinancial institutions, banks, large corporationsFinancial institutions, banks, credit agencies

The main difference between a Director Credit Risk Management and a Credit Risk Analyst lies in their scope and responsibilities. The director focuses on strategic oversight and leadership, while the analyst handles detailed risk assessments. Both roles require relevant certifications and are integral to credit risk management in financial institutions.

What are common challenges faced by a Director of Credit Risk Management, and how are they typically addressed?

A Director of Credit Risk Management often faces the challenge of balancing the organization's growth objectives with prudent risk controls. This involves staying ahead of changing market conditions, regulatory requirements, and emerging risks such as economic downturns or shifts in customer behavior. Effective leaders in this role address these challenges by fostering close collaboration with cross-functional teams such as underwriting, analytics, and compliance, and by implementing robust risk assessment frameworks. They also play a key role in developing and mentoring their teams to stay adaptable and informed.

What are the key skills and qualifications needed to thrive as a Director of Credit Risk Management, and why are they important?

To thrive as a Director of Credit Risk Management, you need deep expertise in credit analysis, risk assessment, portfolio management, and typically a degree in finance, economics, or a related field. Proficiency with risk modeling software, credit scoring systems, and relevant regulatory frameworks (such as Basel III) is essential, along with certifications like FRM or CFA being advantageous. Strong leadership, strategic thinking, and effective communication skills help you guide teams and influence key stakeholders. These capabilities are crucial for making informed decisions that protect the organization's financial health and support sustainable growth.

What does a Director of Credit Risk Management do?

A Director of Credit Risk Management oversees an organization’s credit risk policies, procedures, and strategies to minimize potential losses related to lending or credit activities. This role involves analyzing credit data, assessing financial risks, developing risk mitigation strategies, and ensuring compliance with regulatory standards. Directors also lead teams of risk analysts, collaborate with other departments, and report to executive leadership on credit risk exposure and performance. Their main goal is to balance business growth with sound risk management practices.
What are popular job titles related to Director Credit Risk Management jobs in Virginia? For Director Credit Risk Management jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Director Credit Risk Management jobs in Virginia look for? The top searched job categories for Director Credit Risk Management jobs in Virginia are:
Director Credit Risk Management jobs near you
Infographic showing various Director Credit Risk Management job openings in Virginia as of June 2026, with employment types broken down into 1% Internship, 1% As Needed, 77% Full Time, 7% Part Time, 1% Temporary, and 13% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $141,956 per year, or $68.2 per hour.
Credit Card Risk & Policy Director

Credit Card Risk & Policy Director

Veritas Partners

Mclean, VA • On-site

Other

Posted 7 days ago

Job description

Responsibilities


Manage and grow a team with strong analytical and credit strategy development capability, focusing on credit risk and portfolio/account level profitability, as well as optimizing marketing effectiveness.


  • Lead team to develop and manage new origination automated/judgmental credit strategies as well as account management credit policies, from approve/decline, line assignment and portfolio risk management.
  • Responsible for defining Credit Card strategy risk tolerance limits and decisioning constraints in collaboration with second line Credit Risk Management.
  • Lead team to develop and maintain cash flow/NPV valuation tool for acquisition and account management programs to enable decisioning optimization.
  • Derive and refine risk segmentation and loss expectations / risk premium.
  • Ground and extrapolate economics inputs, assumptions, and curve shape.
  • Evaluate, recommend, and operate valuation platform.
  • Automate sensitivity and gaming functionalities.
  • Develop standardized metrics and reporting around NPV valuation, monitoring, and platform/tool assessment/refinement.
  • Working with finance to govern the NPV development, review and decision-making process.
  • Lead team to develop / refine Credit Card initial line assignment strategy:
  • Evaluate and recommend segmentation schemes, such as Risk, Channel, Product, Channel and Ability to Pay.
  • Derive recommended initial credit limit based on cash flow valuation model economics projections and decision constraints. Benchmark against industry.
  • Ground sensitivities on assumption for line assignments and testing agenda for continuous optimization.
  • Develop and test on graduation / line increase strategy (with control and assumptions needed for the program to be effective)
  • Lead team to develop credit strategies tailored to acquisition channel and product type to support business growth. Partner with business segment product owners to optimize acquisition targeting/marketing campaigns that align with credit policies.
  • Lead team to monitor credit quality, risk performance, and economics of Credit Card & Overdraft portfolio on the ongoing basis to prevent or mitigate consumer loan losses.
  • Program deep dive and credit policy change monitoring to drive credit policy optimization and risk mitigation strategies.
  • Monitoring and analysis of credit risk for both organic and acquired portfolio, prepare materials for regular Business Review and Credit Risk Committee presentation.
  • Provide risk analytics to support credit expansion by overseeing credit aspects of onboarding of acquired portfolios and product launch.
  • Function as a strategic and trusted partner with Product Team as they evaluate new asset classes/products.
  • Identify required data and work with data stewards to understand data source, ensure data quality and retrieve data on a timely basis. Contribute to credit data mart and corporate database designs.


Qualifications:


Bachelor’s degree in business, Economics, Quantitative Discipline or Equivalent, Finance is required. MBA or master’s degree in the related field is highly preferred.


  • 12+ years’ experience in credit strategy, credit policy & analysis or credit risk management in the financial services industry. Experience in Consumer Lending products preferably Credit Card.
  • Minimum of 5+ years of direct management experience.
  • Ability to interact effectively with a variety of partner teams within and outside Consumer Banking in a collaborative environment. Ability to influence and build consensus with 2nd line Credit Risk on credit decisions.
  • Detail-oriented, results-driven, and ability to navigate in a quickly changing and high demand environment to develop solutions while balancing multiple priorities.
  • Demonstrate strong integrative thinking, problem-solving and high degree of proficiency in synthesizing and communicating data from a variety of disciplines.
  • Excellent written, verbal communication and presentation skills. Ability to explain complex topics and technical details in succinct storytelling to a wide variety of audiences.
  • Self-motivated and strong people skills to actively lead and implement ideas in a cross-functional team environment.
  • Proven project management skills, ability to manage multiple projects. Ability to manage multiple projects simultaneously and adapt to rapid changes in priority.
  • Strong skills in various data analysis and visualization tools including PowerPoint, Excel, Tableau and SQL are required.
  • Experience using A.I. tools preferred.

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