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Director Credit Risk Jobs in Massachusetts (NOW HIRING)

State Street Corporation

Credit Services, MD

Boston, MA · On-site

$170K - $282K/yr

... risk appetite, regulatory expectations, and internal governance frameworks. The Managing Director ... Lead credit strategy, execution, and portfolio oversight across Subscription Finance, NAV Lending ...

Berkshire Bank

Sr. Managed Assets Officer

Boston, MA · On-site

$115K - $212K/yr

Hybrid - Providence, RI or Boston, MA Principal Objective Reporting to the Director of Managed ... Partner with Credit Risk colleagues, Loan Review, Legal, Loan Servicing and other internal teams to ...

Loomis Sayles

Systematic Credit Strategist

Boston, MA · On-site

$130K - $250K/yr

As a core member of the team, you will have direct involvement in research, portfolio construction ... Partner with centralized teams such as credit research, quantitative research, trading, risk ...

Arise Financial

Consumer Underwriter III

Canton, MA · On-site

$99.29/hr

Independently underwrite complex direct and indirect consumer loan applications by analyzing credit reports, income, financial documentation, collateral, capacity, and other risk factors. * Make ...

Rockland Trust

Senior Loan Reviewer

Brockton, MA · On-site

Minimum 7-10+ years of relevant loan review, or related commercial credit experience (direct lending, workout, risk management and/or regulatory). * Strong understanding of credit risks associated ...

Rockland Trust

Senior Loan Reviewer

Brockton, MA · On-site

Minimum 7-10+ years of relevant loan review, or related commercial credit experience (direct lending, workout, risk management and/or regulatory). * Strong understanding of credit risks associated ...

Santander

Senior Workout Officer - Remote

Boston, MA · Remote

Communicates recommendations and credit risk management processes to management that strengthens ... Self-directed, self-motivated and demonstrated experience providing ideas and solutions to further ...

Fidelity Investments

Credit Research Analyst

Boston, MA · On-site

$110K - $222K/yr

CEOs, CFOs, Treasurers, risk officers, and other business leaders) as an integral part of the ... Ability to work in a dynamic and self-directed environment, and to complete timely individual ...

Fidelity Investments

Credit Research Analyst

Boston, MA · On-site

$110K - $222K/yr

CEOs, CFOs, Treasurers, risk officers, and other business leaders) as an integral part of the ... Ability to work in a dynamic and self-directed environment, and to complete timely individual ...

Mass Development

Vice President, Lending

Charlestown, MA · On-site

... direct small business loans, and other Growth Capital financing products that advance the agency ... Analyze financial statements, cash flow, collateral, and other risk factors; prepare written credit ...

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All JobsCredit Risk JobsDirector Credit Risk JobsDirector Credit Risk Jobs in Massachusetts

Director Credit Risk information

See Massachusetts salary details

$92.3K

$170.7K

$329.3K

How much do director credit risk jobs pay per year?

As of Sep 5, 2026, the average yearly pay for director credit risk in Massachusetts is $170,715.00, according to ZipRecruiter salary data. Most workers in this role earn between $114,100.00 and $205,300.00 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 Massachusetts?

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

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

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

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

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

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

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

Director Credit Risk jobs near you
Infographic showing various Director Credit Risk job openings in Massachusetts 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 $170,715 per year, or $82.1 per hour.

Credit Services, MD

State Street Corporation

Boston, MA • On-site

$170K - $282K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted yesterday

Job description

Who we are looking for
State Street's Global Credit Finance (GCF) business is seeking a senior credit leader to serve as Managing Director - Subscription Finance, NAV Lending, Fund of Hedge Funds Lending, and Commercial Real Estate Lending. This role is responsible for providing strategic leadership and market-driven execution across these four assets classes.
This role sits at the intersection of business strategy, risk management, and client delivery, ensuring that Subscription Finance, NAV Lending, Fund of Hedge Funds Lending, and Commercial Real Estate Lending activities are executed in line with firm risk appetite, regulatory expectations, and internal governance frameworks. The Managing Director will drive portfolio strategy, market engagement, and disciplined lending execution while partnering closely with internal stakeholders to ensure strong portfolio yields and returns, client alignment, and sustainable growth across strategic alternative asset manager clients.
What you will be responsible for
  • Lead credit strategy, execution, and portfolio oversight across Subscription Finance, NAV Lending, Fund of Hedge Funds Lending, and Commercial Real Estate Lending, aligned with firm-wide objectives.
  • Ensure effective governance, surveillance, and ongoing oversight of the portfolios, including monitoring of performance and risk trends ensuring appropriate underwriting standards, monitoring, and reporting
  • Achieve sustainable growth in U.S. markets, acting as a strategic partner to Private Credit, Private Equity and any other Alts managers and Investment Adviser clients, supporting client engagement and delivery of financing solutions
  • Provide executive oversight of the Commercial Real Estate business, including portfolio positioning, market monitoring, and coordination with firm strategy
  • Partner closely with Enterprise Risk Management, Legal, Compliance, Finance, and Treasury to support effective risk oversight and regulatory alignment.
  • Serve as a senior representative of the business in credit committees and governance forums, ensuring timely escalation and transparency.
  • Provide senior leadership in market discussions, client meetings, and internal forums, providing thought leadership on Fund Finance markets and portfolio trends.
  • Oversee balance-sheet deployment across covered businesses, aligning capital usage with both strategic priorities, client demand and risk appetite.
  • Lead and develop credit professionals, promoting strong risk culture, growth mindset, accountability and fostering strong performance culture and talent development.

Education & Preferred Qualifications
  • 15 + years of experience in Fund Finance and Commercial Real Estate within a regulated financial institution
  • Demonstrated ability to build trust and credibly engage with clients to deliver One State Street outcomes
  • Deep understanding of credit markets and capital structures
  • Strong executive judgment, communication skills, and experience engaging with senior management, regulators and control functions
  • Proven ability to lead teams, engage credibly across a large organization and a range of stakeholders

Preferred Qualifications
  • Experience across multiple credit products or platforms within a large financial institution.
  • Legal Expertise is a plus

Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
Salary Range:
$170,000 - $282,500 Annual
The range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the location above, the applicable range could differ.
Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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About State Street

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State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Boston, MA, US

Year founded

1792

Social media

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