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Director Credit Risk Jobs in Boonton, NJ (NOW HIRING)

Director of Credit & Risk

New York, NY · On-site

$190K - $220K/yr

Role Overview We are seeking a Director of Credit & Risk to own underwriting strategy, portfolio performance, and lender-facing execution for Order.co's credit offering. This role reports into the ...

The risk managers (SCOs and risk officers) have a deep understanding of credit structuring, credit ... Direct Quarterly Portfolio Review and Watchlist meetings and reports * Complete Risk Ratings in ...

Showing results 21-40

Director Credit Risk information

See Boonton, NJ salary details

$87.3K

$161.5K

$311.4K

How much do director credit risk jobs pay per year?

As of Aug 21, 2026, the average yearly pay for director credit risk in Boonton, NJ is $161,461.00, according to ZipRecruiter salary data. Most workers in this role earn between $107,900.00 and $194,200.00 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 job categories do people searching Director Credit Risk jobs in Boonton, NJ look for?

The top searched job categories for Director Credit Risk jobs in Boonton, NJ are:

What cities near Boonton, NJ are hiring for Director Credit Risk jobs?

Cities near Boonton, NJ with the most Director Credit Risk job openings:

Director of Credit & Risk

Order.co

New York, NY • On-site

$190K - $220K/yr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 16 days ago


Job description

Order.co is a guided B2B marketplace with a mission to simplify buying for businesses. Order.co makes it easy for businesses to place and track purchases across all their vendors, control spend, and make payments in a single, consolidated bill. Tailored insights and purchasing recommendations fuel smarter spending decisions so businesses can easily save time and money on what they need to grow.
Founded in 2016 and headquartered in New York City, Order.co oversees nearly half a billion in annualized spend across hundreds of customers like WeWork, SoulCycle, Lume, and High-Level Health. Order.co has raised $50M in funding from industry-leading investors like MIT, Stage 2 Capital, Rally Ventures, 645 Ventures, and more. Order.co has been proudly named a 50 to Watch by Spend Matters and a Best Place to Work by BuiltIn and Inc. Magazine.
Role Overview
We are seeking a Director of Credit & Risk to own underwriting strategy, portfolio performance, and lender-facing execution for Order.co's credit offering.
This role reports into the Head of Payments & Credit and operates as the day-to-day owner of the credit function. You will be responsible for building the systems, policies, and operating rigor required to evolve our current underwriting approach into a more scalable, programmatic credit engine.
This is an individual contributor role with light team oversight (analyst/associate level), designed for a senior operator who can both set direction and personally drive outcomes across the credit lifecycle.
You will play a critical role in shaping how Order.co deploys capital, manages risk, and builds credibility with institutional lenders.
Role Expectations
Credit Strategy & Policy Development
  • Design and formalize underwriting policies, approval frameworks, and risk thresholds.
  • Translate business objectives into clear, scalable credit decisioning logic.
  • Continuously evolve policy based on portfolio performance, loss trends, and growth targets.
Portfolio Ownership & Performance Management
  • Own end-to-end portfolio health, including approval rates, utilization, delinquency, and loss performance.
  • Build and maintain core reporting (cohort analysis, vintage tracking, unit economics).
  • Identify emerging risk signals and take proactive action to protect portfolio performance.
Lender & Capital Partner Management
  • Serve as a primary interface with external lending and trade credit partners.
  • Lead recurring performance reviews, reporting, and data discussions.
  • Ensure compliance with relevant agreements and proactively manage covenant performance.
  • Translate internal portfolio data into clear, credible narratives for institutional stakeholders.
Underwriting Execution & Complex Deal Structuring
  • Personally underwrite and approve complex or high-value accounts.
  • Conduct deep analysis of customer financials, business models, and risk profiles.
  • Structure credit decisions that balance growth with disciplined risk management.
Operational Buildout & Team Enablement
  • Establish SOPs, QA processes, and decisioning frameworks to ensure consistency and scalability.
  • Provide guidance and oversight to junior underwriting and operations team members.
  • Implement processes that reduce manual work while improving decision quality.
Cross-Functional Collaboration
  • Partner with Product, Engineering, and Data teams to improve underwriting workflows and automation.
  • Collaborate with GTM and Operations on customer-level decisions and escalations.
  • Provide input into product and infrastructure decisions that impact credit performance.

Required Skills & Qualifications
  • 8-12+ years of experience in commercial credit, underwriting, or asset-backed lending.
  • Strong experience interacting with institutional lenders or capital providers.
  • Proven ability to design or evolve credit policies and underwriting frameworks.
  • Deep understanding of portfolio analytics, including loss drivers and performance segmentation.
  • Experience operating in a high-growth or evolving environment where structure is still being built.
  • Ability to operate as a hands-on individual contributor while influencing across teams.

What You'll Receive
  • Competitive compensation including base salary and equity
  • Employer-sponsored 401(k) with match
  • Comprehensive medical, dental, and vision coverage
  • Flexible time off and hybrid work environment
  • Opportunity to build and scale a critical function at a high-growth fintech company

The anticipated annual salary range for this role is $190,000-$220,000. Actual compensation and title will be commensurate with experience, qualifications, knowledge, and skills.