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Director Credit Risk Management Jobs (NOW HIRING)

BNY

Director, Credit Risk Review

Manhattan, NY

$130K - $211.50K/yr

Director, Credit Risk Review We're seeking a future team member for the role of Director to join ... Direct and manage relationships with senior management stakeholders across all lines of defense ...

Flywire

Director, Credit Risk

Boston, MA · On-site

The Opportunity As our Credit Risk Director, you will help architect our global credit risk ... You'll lead the charge in balancing growth with sound risk management, ensuring that as we scale ...

Flywire

Director, Credit Risk

Boston, MA

The Opportunity As our Credit Risk Director, you will help architect our global credit risk ... You'll lead the charge in balancing growth with sound risk management, ensuring that as we scale ...

Flywire

Director, Credit Risk

Boston, MA

The Opportunity As our Credit Risk Director, you will help architect our global credit risk ... You'll lead the charge in balancing growth with sound risk management, ensuring that as we scale ...

Flywire

Director, Credit Risk

Boston, MA

The Opportunity As our Credit Risk Director, you will help architect our global credit risk ... You'll lead the charge in balancing growth with sound risk management, ensuring that as we scale ...

Carmax

Director, Credit Risk & Analytics

Kennesaw, GA

Director, Credit Risk & Analytics About this job As the captive lender behind the nation's largest ... Building and leading a world-class analytical team -- hiring exceptional talent, developing manager ...

BNY

Director, Credit Risk Review

Manhattan, NY

$130K - $211.50K/yr

Direct and manage relationships with senior management stakeholders across all lines of defense ... Ensure an appropriate assessment of credit risk through early identification of issues, problems ...

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Director Credit Risk Management information

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$54K

$143.2K

$260K

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

As of May 30, 2026, the average yearly pay for director credit risk management in the United States is $143,185.00, 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 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 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 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.

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Director Credit Risk Management jobs near you
Deputy Director, Credit Risk

Deputy Director, Credit Risk

New York City Housing Development Corporation

Manhattan, NY

$140K - $150K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 19 days ago

Job description

The New York City Housing Development Corporation (HDC) is a public benefit corporation and the nation’s largest municipal Housing Finance Agency.  HDC’s programs support the construction and preservation of multi-family affordable housing in New York City.  
 
Area of Talent:  Credit Risk/Affordable Housing
Position Type:   Full Time/Exempt
Salary Range:    $140,000 to $150,000
Location:             NYC/Financial District
 
Position Summary:                   
The Deputy Director, Credit Risk, will support the Chief Risk Officer and Credit Risk team in evaluating and managing credit risk to protect HDC's financial integrity.
 
This role reports to the Chief Risk Officer.
 
Responsibilities:
  • Assist in developing and reviewing credit risk management policies and procedures that will protect HDC’s interests and maintain the financial integrity of financing
  • Conduct risk assessments of various types of credit risk faced by HDC
  • Administer HDC’s Credit Committee, including the scheduling of meetings, posting of Credit Committee memos, reviewing all credit proposals, and liaising with the Development team to move the project pipeline through the credit approval process
  • Finalize credit memos by ensuring they are complete, current and signed
  • Collaborate with internal and external teams on credit initiatives (such as loan funds, credit facilities, and other underwriting-related issues)
  • Assess and monitor credit quality across HDC in alignment with HDC’s credit policies and report the results of these assessments to the Credit Committee and Audit Committee (as needed)
  • Review and approve financial counterparties
  • Review insurance companies for compliance with HDC’s credit requirements
  • Mentor and provide leadership, expertise, and guidance to junior members of the team
  • Remain current on credit, financial, accounting, and tax changes related to real estate and affordable housing development that may impact HDC and its financings
Required Qualifications:
  • Bachelor’s degree in finance, economics, or urban studies, or a satisfactory combination of education and/or experience that is equivalent to the above
  • Minimum experience of seven years in credit analysis, real estate finance, or affordable housing development
  • Proficiency with computer programs for financial analyses and database management
  • Excellent oral and written communication skills
 
Preferred Qualifications
  • Advanced degree in finance, economics, or urban studies, or equivalent experience
  • Familiarity with Federal, State, and City housing programs
  • Credit training at a financial institution
 
Please submit a cover letter with your resume. You may also fax your resume and cover letter to (212) 227-6816. 
HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits, including:  
  • Health Benefits at a reasonable cost 
  • Dental and Vision Benefits at no cost 
  • Retirement savings plan with a generous match and a pension plan 
  • Paid holiday, vacation, sick time and parental leave 
  • Professional development opportunities  
  • Public Service Loan Forgiveness for eligible employees  
  • Wellness reimbursement  
  • Back-up Caregiver Benefit  
HDC is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.
HDC is committed to the full inclusion of all qualified individuals. As part of this commitment, HDC will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please complete the reasonable accommodations section on the application or contact Human Resources by emailing jobs@NYCHDC.com. 
 

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