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Director Credit Risk Jobs in Massachusetts (NOW HIRING)

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 ...

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 ...

Rockland Trust

Senior Loan Reviewer

Brockton, MA

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

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 ...

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 ...

MassDevelopment

Vice President, Lending

Boston, MA · On-site

$180 - $230/hr

... 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 ...

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 ...

MassDevelopment

Vice President, Lending

MA · On-site

$128K - $150K/yr

... 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 ...

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 ...

RightWorks Inc

Private Credit Associate

Boston, MA · On-site

... risk-return profile vis-a-via traditional private credit. Examples of credit areas in which our ... We have adopted a flexible implementation approach to executing our strategy, which includes direct ...

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Showing results 41-60

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 Aug 14, 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 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 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 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 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 1% As Needed, 89% Full Time, 8% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $170,715 per year, or $82.1 per hour.

Sr. Managed Assets Officer

Berkshire Bank

Boston, MA • On-site

$115K - $212K/yr

Full-time

Re-posted 23 hours ago

Berkshire Bank rating

6.7

Company rating: 6.7 out of 10

Based on 17 frontline employees who took The Breakroom Quiz

136th of 171 rated banks

Job description

Status: Exempt/Officer/SVP
Grade: 14
Salary Range: $115,297 - $212,491
Salary range updated 4/10/2026. Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.
Location: Hybrid - Providence, RI or Boston, MA
Principal Objective
Reporting to the Director of Managed Assets, the individual will establish efficient and effective workout strategies on high risk, negatively rated lending relationships. They will collaborate with Executive Management, the Director of Managed Assets, Regional leaders and lenders from various lines of business with a goal of improving the overall corporate asset quality by developing strategies for minimizing losses, maximizing recoveries and avoiding reputational harm in a cost-effective manner. Partner with Credit Risk colleagues, Loan Review, Legal, Loan Servicing and other internal teams to insure timely and accurate administrative, financial, and compliance reporting.
Primary Responsibilities Include:
Principal Duties and Responsibilities
Monitors and manages assigned Commercial relationships to minimize delinquencies and loan losses through timely identification of problem accounts and the development of appropriate resolution-oriented work out strategies. Ability to perform the following;
  • Act as the primary loan officer for a problem loan portfolio including the daily control of overdrafts on deposit accounts related to the portfolio;
  • Analyze and prepare written approval memorandums for waivers, amendments, restructuring and forbearance agreements;
  • Work closely with counsel to ensure negotiated arrangements are properly documented;
  • Meet and communicate regularly and effectively with borrowers and provide summary memos to memorialize status changes and strategy recommendations to Bank senior management;
  • Manage the Pre-workout process including documentation evaluation, coordination of appraisals and title searches on collateral property and the engagement of appropriate legal counsel;
  • Estimate loss exposure, ascertain accrual status, develop strategies to correct documentation deficiencies, and execute plans of action;
  • Serve as the primary contact for all loan-related communications, including borrowers, bank participants, legal counsel, and internal/external stakeholders.
  • Monitor borrower performance, financial condition, and covenant compliance to ensure timely risk rating adjustments and proactive issue identification.
  • Prepare various monthly/quarterly required management reports on Commercial loans, including Watch Reports, Specific Reserve Analyses and any and all applicable Credit Risk Gateway Forms;
  • Ensures compliance with all relevant federal and state banking laws, rules, regulations and customary practices required to mitigate risk and uphold the appropriate ethical standards

The above description covers the most significant duties performed but does not exclude other occasional work assignments not mentioned, the inclusion of which would be in conformity with the factor degrees assigned to this job.
Job Specifications (Skills, Knowledge and Abilities Required)
Education
  • Bachelor's degree required
  • Relevant industry related credit training and fluency in customary CRE, C&I, and SBA structures and products

Experience
  • At least 10 years of commercial lending/workout experience.
  • Proficiency in MS Word/Excel.
  • Ability to interpret financial statements and/or tax returns.
  • Knowledge of bankruptcy/receivership laws/regulations and relevant legal concepts related to restructurings, collections and perfecting collateral.

Behavioral Skills
  • Possess a curious nature and polite skepticism.
  • Ability to maintain a professional demeanor and control emotions even in heated and difficult situations.
  • Excellent communication, negotiation and presentation skills in addition to strong analytical, organizational, investigative and problem-solving skills required
  • Must be flexible and have a consistent, positive attitude with a desire to identify and work towards achieving the best possible resolutions for the organization.
  • Independent, goal-oriented individual who can think creatively to solve complex problems.
  • Consistently demonstrate behaviors associated with Brookline Bancorp's Core Four values: adaptability, accountability, leadership, and teamwork.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified. This job description is subject to change at any time.
Beacon Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at hr@berkshirebank.com.

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