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Director Credit Risk Jobs in Riverside, CT (NOW HIRING)

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... Credit Risk Management functions, including risk measurement and assessment, risk mitigation, risk ... We serve the contract staffing, direct hire, staff augmentation, recruitment, HR management, and ...

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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 ...

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 ...

This role reports to the Senior Director, Credit and Collections and has fiduciary responsibility ... Identify, escalate, and propose mitigation strategies for potential credit risk scenarios to ...

This role reports to the Senior Director, Credit and Collections and has fiduciary responsibility ... Identify, escalate, and propose mitigation strategies for potential credit risk scenarios to ...

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns ... Bloomberg Director Credit Sales At Fifth Third, we understand the importance of recognizing our ...

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns ... Bloomberg Director Credit Sales At Fifth Third, we understand the importance of recognizing our ...

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Showing results 1-20

Director Credit Risk information

See Riverside, CT salary details

$89.5K

$165.6K

$319.5K

How much do director credit risk jobs pay per year?

As of Jun 10, 2026, the average yearly pay for director credit risk in Riverside, CT is $165,646.00, according to ZipRecruiter salary data. Most workers in this role earn between $110,700.00 and $199,200.00 per year, depending on experience, location, and employer.

What are some common challenges faced by a Director of 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 of Credit Risk, and why are they important?

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 of 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 Riverside, CT? The most popular types of Credit Risk jobs in Riverside, CT are:
What job categories do people searching Director Credit Risk jobs in Riverside, CT look for? The top searched job categories for Director Credit Risk jobs in Riverside, CT are:
What cities near Riverside, CT are hiring for Director Credit Risk jobs? Cities near Riverside, CT with the most Director Credit Risk job openings:
Infographic showing various Director Credit Risk job openings in Riverside, CT as of June 2026, with employment types broken down into 78% Full Time, 20% Part Time, 1% Temporary, and 1% Contract. Highlights an 93% Physical, 1% Hybrid, and 6% Remote job distribution, with an average salary of $165,646 per year, or $79.6 per hour.
Financial Analyst

$70K - $80K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 13 days ago


Job description

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: $70,000 to $80,000 annually
Location: NYC/Financial District
Position Summary:
The Financial Analyst reports to the Managing Director-Credit Risk and will be an active participant in monitoring and analyzing HDC's credit risk exposures, policies, and procedures. The Financial Analyst will be responsible for performing analysis related to HDC's credit risk exposures both in the mortgage loan portfolio as well as the short-term investment portfolio. Additionally, the Financial Analyst will assist with special projects as directed by Risk Management staff.
Responsibilities:
  • Participate in the development and monitoring of credit risk management policies and procedures.
  • Analyze the various types of lending proposals in accordance with HDC's credit policies.
  • Research and report on program participant credit quality in accordance with HDC's credit policies.
  • Develop and maintain financial models for assessing credit quality and asset management.
  • Assist with coordination of the Corporation's Credit Committee, including review and dissemination of credit memos and maintenance of the Committee's minutes.
  • Monitor and update credit rating agency actions (primarily Moody's and S&P).
  • Assist in the subsidy layering review process for projects utilizing the FHA Risk Share Program.
  • Perform the annual maintenance and operating (M&O) expense review for underwriting affordable housing development, including the research of each line item's history and the projection of future increases.
  • Perform periodic financial reviews of HDC's bank exposures.
  • Keep current on financial, accounting, and tax changes related to real estate and affordable housing development that may impact HDC's credit policies.
  • Perform such other duties as assigned by the Chief Risk Officer or Managing Director-Credit Risk.

Required Qualifications:
  • Bachelor's degree from an accredited college or university in finance, real estate, or related disciplines; 1 - 2 years of analytical experience (particularly in the affordable housing industry) would be a plus.
  • Proficiency and working knowledge of computer programs for financial analysis and database management, including Microsoft Office (Excel, Word, and PowerPoint). Knowledge of Oracle BI would be a plus.
  • Working knowledge of nationally recognized statistical ratings organizations (NRSRO) (- Moody's and S&P).
  • Excellent oral and written communication skills.
  • Exceptional organizational skills and attention to detail.
  • Excellent data analysis and financial modeling skills.
  • Ability to work independently or in coordination with other team members.
  • Ability to multitask and prioritize multiple projects.

It is strongly preferred that you 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 [email protected].