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Director Credit Risk Jobs in Connecticut (NOW HIRING)

ASSA ABLOY

Tax Director

New Haven, CT · On-site

The Tax Director will serve as a strategic business partner responsible for leading U.S. and ... credit implications. * Support global liquidity management initiatives. Insurance and Risk ...

TekSky

Director of Finance

Waterbury, CT · On-site

About the job We are looking for a Director of Finance to join our team and lead key financial ... risk, foreign exchange activities, and debt issuance * Manage Accounts Receivable, including credit ...

Trinity College Dublin

Director of Procurement

Hartford, CT · On-site

$100K - $125K/yr

... risk assessment, credit checks, and other due diligence as part of vendor review and selection ... DIRECT REPORTS 0-3 (as function size increases) DECISION MAKING Plan and perform highly complex or ...

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Showing results 41-60

All JobsCredit Risk JobsDirector Credit Risk JobsDirector Credit Risk Jobs in Connecticut

Director Credit Risk information

See Connecticut salary details

$80.4K

$148.7K

$286.8K

How much do director credit risk jobs pay per year?

As of Sep 8, 2026, the average yearly pay for director credit risk in Connecticut is $148,700.00, according to ZipRecruiter salary data. Most workers in this role earn between $99,400.00 and $178,800.00 per year, depending on experience, location, and employer.

What does a director credit risk do?

A Director of Credit Risk is responsible for overseeing an organization’s credit risk management strategies and policies. They analyze credit data, assess potential risks in lending or credit activities, and work to minimize losses related to bad debts. This role often involves leading a team, setting risk tolerance levels, and ensuring compliance with regulatory requirements. Directors of Credit Risk also collaborate with other departments to align risk management with the company's overall business objectives.

What are the key skills and qualifications needed to thrive as a director credit risk?

To thrive as a Director of Credit Risk, you need deep expertise in credit analysis, risk management, and financial modeling, usually supported by a degree in finance, economics, or a related field. Familiarity with risk assessment software, credit scoring systems, and regulatory compliance tools, along with certifications like CFA or FRM, is highly valued. Strong leadership, strategic thinking, and communication skills help drive cross-functional collaboration and effective risk mitigation. These competencies are crucial for making informed credit decisions that protect the organization's financial health and comply with regulatory standards.

What are some common challenges faced by a director credit risk and how can they be addressed?

A Director of Credit Risk often faces challenges such as balancing risk appetite with business growth goals, staying ahead of evolving regulatory requirements, and managing credit exposures in volatile markets. To address these, it's essential to foster strong collaboration with business units, maintain robust credit risk frameworks, and leverage data analytics for proactive decision-making. Continuous professional development and close communication with compliance and audit teams also help ensure that credit policies remain effective and up-to-date.

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

AspectDirector Credit RiskCredit Analyst
CredentialsBachelor's/Master's in Finance, Economics, or related; often requires experience in credit risk managementBachelor's degree in Finance, Economics, or related; entry-level to mid-level roles
Work EnvironmentStrategic, leadership-focused, overseeing credit risk policies and teamsAnalytical, research-focused, assessing individual credit applications and risk
Employer & Industry UsageFinancial institutions, banks, credit agenciesBanks, lending companies, credit bureaus

The main difference is that a Director Credit Risk leads and develops credit risk strategies at a high level, while a Credit Analyst focuses on evaluating individual credit applications and assessing risk at a more operational level. The Director role involves strategic oversight, whereas the Credit Analyst role is more analytical and detail-oriented.

What are the most commonly searched types of Credit Risk jobs in Connecticut?

The most popular types of Credit Risk jobs in Connecticut are:

What are popular job titles related to Director Credit Risk jobs in Connecticut?

For Director Credit Risk jobs in Connecticut, the most frequently searched job titles are:

What job categories do people searching Director Credit Risk jobs in Connecticut look for?

The top searched job categories for Director Credit Risk jobs in Connecticut are:

What cities in Connecticut are hiring for Director Credit Risk jobs?

Cities in Connecticut with the most Director Credit Risk job openings:

Director Credit Risk jobs near you
Infographic showing various Director Credit Risk job openings in Connecticut as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $148,700 per year, or $71.5 per hour.

MTCLC Senior Loan Resolution Analyst

M&T Bank

Bridgeport, CT • On-site

$91K - $151K/yr

Full-time

Posted 8 days ago

M&T Bank rating

7.9

Company rating: 7.9 out of 10

Based on 188 frontline employees who took The Breakroom Quiz

77th of 175 rated banks

Job description

Overview:
Responsible for all aspects of an assigned problem Equipment Finance loan portfolio with group credits of varying sizes up to $10 mm, to protect the Bank against losses and to ensure an effective and efficient outcome. Administers the turnaround or exit of more complex credit relationships through restructurings and forbearance agreements which may include providing ongoing financing or liquidating the borrower. May assist in specific portfolio responsibility for larger and/or more complex workout or non-workout deals.
Primary Responsibilities:
  • Obtain, spread, and analyze borrower and guarantor financial statements, projections and 13-week cash flows to measure and monitor the customers' performance and adherence to covenants within existing governing documents and underwrite any restructurings or forbearance agreements. Prepare debt service overlays to measure customer ability to pay future maturing term obligations.
  • Assist in coordinating monthly portfolio review to ensure appropriate risk grading, accrual status, progress with workout transactions; maintain all updated collateral values and recommend charge-off processing.
  • Measure and recommend probability of default and loss given default upgrades and downgrades. Prepare and submit risk rating change forms to senior management as required to ensure proper rating. Measure and test covenant compliance in accordance with customer loan documentation; in cases of failed tests, negotiate resolution with customers with management approval.
  • Work with internal and external counsel as appropriate to resolve certain defaults throughout the oversight of a relationship.
  • Present and discuss all eligible relationships along with action plans to senior management in regular strategy meetings. Run established internal and external delinquency reports as required.
  • May manage a portfolio of fully charged-off loans and leases to recover funds through legal means with the support of outside counsel.
  • Work closely with other department personnel, financial institutions, insurance companies, turnaround consultants, and vendors that may be relied upon to provide information on the portfolio.
  • Represent the Bank in civic and community activities.
  • Understand and adhere to the Company's risk and regulatory standards, policies, and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.

Scope of Responsibilities:
The financial statements the position works with are of varying complexity and may include publicly traded companies. The relationships handled by the position include, but are not limited to, direct relationships, syndicated credits, and participations.
Supervisory/Managerial Responsibilities:
Not Applicable
Education and Experience Required:
Bachelor's degree in Finance, Business Management, or related field and a minimum of 3 years' workout and/or credit experience, or in lieu of a degree, a combined minimum of 7 years' higher education and/or work experience, including a minimum of 3 years' workout and/or credit experience
Strong verbal and written communication skills
Proven presentation skills
Strong interpersonal skills
Strong problem-solving skills
Strong analytical skills
Proven negotiating skills
Proficiency with personal computers as well as pertinent word processing, spreadsheet, and industry-specific software
Proven decision-making skills
Education and Experience Preferred:
Sound knowledge of debt collection practices including legal aspects, loan structuring and equipment leasing industries
Ability to handle escalated situations
Ability to spread and understand corporate and personal financial statements and tax returns
Knowledge of US Bankruptcy Law
Knowledge of Article 9 sales process
Ability to manage multiple priorities
Ability to work independently and use own discretion
Ability to prioritize work
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $91,100.00 - $151,800.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Bridgeport, Connecticut, United States of America

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