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Director Credit Risk Management Jobs in Newark, NY

Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities enabling the timely identification of emerging credit risk so that appropriate actions ...

Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities enabling the timely identification of emerging credit risk so that appropriate actions ...

Credit Analyst Associate

Phelps, NY · Hybrid

$55K - $80K/yr

... assessing risk, and making recommendations. * Fuels organizational synergy through consistent ... Provides direct financial underwriting and analysis that consistently follows the organization ...

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Director Credit Risk Management information

See Newark, NY salary details

$54K

$143.2K

$260K

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

As of Sep 3, 2026, the average yearly pay for director credit risk management in Newark, NY is $143,197.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,500.00 and $167,500.00 per year, depending on experience, location, and employer.

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 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 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 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 popular job titles related to Director Credit Risk Management jobs in Newark, NY?

For Director Credit Risk Management jobs in Newark, NY, the most frequently searched job titles are:

What job categories do people searching Director Credit Risk Management jobs in Newark, NY look for?

The top searched job categories for Director Credit Risk Management jobs in Newark, NY are:

What cities near Newark, NY are hiring for Director Credit Risk Management jobs?

Cities near Newark, NY with the most Director Credit Risk Management job openings:

Infographic showing various Director Credit Risk Management job openings in Newark, NY as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 17% Part Time, and 3% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $143,197 per year, or $68.8 per hour.

J.P. Morgan Wealth Management - Vice President, Wealth Management Credit Decisioning Unit

JPMorgan Chase & Co.

Rochester, NY • On-site

$180 - $280/hr

Other

Posted 23 days ago


Key responsibilities

  • Manage risk-taking through the Marginal Decisioning Framework (MDF) across CDU lending portfolios

  • Maintain the margin adequacy framework and drive margin factor changes as market and portfolio dynamics evolve

  • Coordinate market coverage and market-driven actions with first line of defense (1LOD) and second line of defense (2LOD) partner functions


JPMorgan Chase & Co. rating

7.9

Company rating: 7.9 out of 10

Based on 500 frontline employees who took The Breakroom Quiz

77th of 174 rated banks


Job description

Help build a new, high-impact Credit Decisioning Unit that will shape how JPMorganChase takes systematic risk across wealth credit products using industry-leading market, credit, and analytics capabilities. You will apply deep capital markets expertise, quantitative thinking, and strong partnership skills while gaining meaningful career growth and mobility across a broad stakeholder ecosystem and product suite.

As a Credit Decisioning Vice President in the JPMorgan Wealth Management Credit Decisioning Unit (CDU), you will help build a new first line function formed as part of a Consumer & Community Bank (CCB) wide initiative to manage systematic risk-taking across the full suite of bank and broker-dealer credit products. This individual contributor role will manage lending portfolios comprised of securities-based lending, margin trading, and other credit exposures originated through Self-Directed Investing (SDI), Chase Wealth Management (CWM), and JPMorgan Advisors (JPMA) channels. You will coordinate a comprehensive first line of defense (1LOD) capability and partner closely with Independent Risk (2LOD), Product, Technology, and support functions to deliver disciplined growth objectives. You will bring an entrepreneurial mindset, operate at the pace of markets, adapt to changing priorities, and turn ambiguity into practical solutions.

Job responsibilities
  • Manage risk-taking through the Marginal Decisioning Framework (MDF) across CDU lending portfolios
  • Maintain the margin adequacy framework and drive margin factor changes as market and portfolio dynamics evolve
  • Coordinate market coverage and market-driven actions with first line of defense (1LOD) and second line of defense (2LOD) partner functions
  • Interpret evolving market and portfolio dynamics into actionable risk-reducing portfolio actions
  • Design new models and quantitative frameworks and extend existing metrics with appropriate governance
  • Ensure analytics quality and credibility of quantitative frameworks
  • Partner with front line teams and Independent Risk to structure innovative credit solutions and advise partners on complex portfolio queries
  • Publish market-facing commentary and research
  • Produce policies, procedures, and model documentation aligned with documentation guidelines
  • Manage governance, escalations, forum materials, and report production for CDU and related committees
Required qualifications, capabilities, and skills
  • Undergraduate degree
  • 7+ years in an analytical, technical, trading, or research-oriented role in capital markets
  • Broad financial product knowledge
  • Practical knowledge of Python and associated data analytics packages in a professional environment
  • Practical knowledge of Tableau or other business intelligence and data visualization tools
  • Proficiency in Microsoft Office including Excel, PowerPoint, and Word
  • Excellent communication and interpersonal skills with ability to translate technical capital markets concepts to non-technical audiences
  • Demonstrated ability to manage and influence senior executive stakeholders and diverse partner teams
  • Strong sense of ownership and collaborative team orientation
  • Comfort working at the fast pace of markets and adapting to changing priorities
Preferred qualifications, capabilities, and skills
  • Academic concentration in a technical discipline
  • Graduate degree or professional designation
  • Academic background or professional experience in financial mathematics, financial engineering, quantitative risk methodologies, or data science
  • Professional experience in credit risk management, market risk management, derivatives, or hedging strategies
  • Professional experience in a credit portfolio management function or lending business
  • Experience with JPMorganChase proprietary risk methodologies, models, and frameworks
  • Experience building or scaling new processes and frameworks during a foundational build-out phase
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