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Financial Risk Jobs in New Jersey (NOW HIRING)

Credit Risk Analyst

Parsippany, NJ · Hybrid

$29.25/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Review and analyze a variety of credit and trade reports to assess overall customer financial health and recommend credit decisions. * Identify and evaluate potential risk indicators, including ...

Credit Risk Analyst

Parsippany, NJ · Hybrid

$29.25/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Review and analyze a variety of credit and trade reports to assess overall customer financial health and recommend credit decisions. * Identify and evaluate potential risk indicators, including ...

Market Risk Director

Jersey City, NJ · On-site

  • Medical

  • Life

  • Retirement

  • PTO

At DTCC, we are at the forefront of innovation in the financial markets. We are committed to ... Market Risk for Fixed Income Clearing Corporation (FICC) and National Securities Clearing ...

Risk Director

Warren, NJ · On-site +1

$116K - $150K/yr

  • Medical

  • Life

  • Retirement

  • PTO

The role will be part of the Financial Risk team and will work various stakeholders across the Group. This role is open to locations in Bermuda, New York City, London, Dublin or Warren, NJ. Role ...

Risk Director

Warren, NJ · On-site +1

$116K - $150K/yr

  • Medical

  • Life

  • Retirement

  • PTO

The role will be part of the Financial Risk team and will work various stakeholders across the Group. This role is open to locations in Bermuda, New York City, London, Dublin or Warren, NJ. Role ...

FP&A (Bilingual in Korean)

Jersey City, NJ · On-site

$89K - $111K/yr

... Risk Assessment & Compliance - Conduct financial risk assessments and ensure adherence to internal policies and industry regulations. 6. Financial Modeling & Forecasting - Develop and maintain ...

Vice President, Credit Risk

Warren, NJ · On-site

  • Medical

  • Life

  • Retirement

  • PTO

Reporting to the SVP of Financial Risk, the VP of Credit Risk will serve as Everest's senior subject matter expert on credit risk, helping shape risk appetite, capital allocation, portfolio ...

CFO

Paterson, NJ · On-site

$150K - $195K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Manage liquidity, investments, ALM, interest rate risk, CECL, and related financial risk areas. * Serve as a key partner to auditors, examiners, regulators, advisors, vendors, and financial ...

CFO

Paterson, NJ · On-site

$150K - $195K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Manage liquidity, investments, ALM, interest rate risk, CECL, and related financial risk areas. * Serve as a key partner to auditors, examiners, regulators, advisors, vendors, and financial ...

Showing results 21-40

Financial Risk information

What is the difference between Financial Risk vs Credit Analyst?

AspectFinancial RiskCredit Analyst
Primary FocusIdentifying and managing financial risks across investments, markets, and corporate strategiesAssessing creditworthiness of individuals or companies to determine loan eligibility
Required CredentialsFinance, risk management certifications, often a degree in finance or economicsFinance, accounting, or economics degree; certifications like CFA or credit-specific training
Work EnvironmentFinancial institutions, investment firms, corporate risk departmentsBanks, lending institutions, credit agencies
Industry UsageWidely used in banking, investment, and corporate sectors for risk mitigationPrimarily in banking and lending sectors for credit assessment

Financial Risk professionals focus on identifying and mitigating potential financial losses across various areas, while Credit Analysts specialize in evaluating the creditworthiness of borrowers to facilitate lending decisions. Both roles require finance-related credentials and are integral to financial institutions, but their core responsibilities differ significantly.

Is a financial risk analyst a good career?

A financial risk analyst is a valuable role in finance, responsible for identifying and managing potential financial losses using data analysis and risk assessment tools. The career offers opportunities for advancement, requires strong analytical skills, and often involves certifications like FRM or CFA. Job stability and salary prospects are generally favorable in this field.

What is a financial risk job?

A financial risk job involves identifying, analyzing, and managing potential financial losses for an organization. Professionals in this field often use risk assessment tools, financial modeling, and industry regulations to minimize exposure to risks such as credit, market, or operational risks.

What are the most commonly searched types of Financial Risk jobs in New Jersey?

The most popular types of Financial Risk jobs in New Jersey are:

What cities in New Jersey are hiring for Financial Risk jobs?

Cities in New Jersey with the most Financial Risk job openings:

Infographic showing various Financial Risk job openings in New Jersey as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 12% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution.

Quantitative Risk Officer and Risk Model Developer

State Street Corporation

Clifton, NJ • On-site

$75K - $123K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 10 days ago


Job description

Who we are looking for
A strong quantitative modeler to join the team as an Officer and Credit Risk Modeler based in New Jersey, Connecticut, or Boston. This role is part of the Centralized Modeling, Analytics and Operations Group within Enterprise Risk Management's Financial Risk Organization.
Why this role is important to us
The team you will be joining plays a critical role in the organization's overall success. Across the globe, institutional investors rely on us to manage risk, respond to complex challenges, and drive performance and profitability. To deliver on that mission, we need teams like yours-teams that help the organization operate effectively, adapt quickly, and remain resilient. In this role, you will focus on developing cutting-edge solutions that are both scalable and practical, while contributing to strong day-to-day execution. Join us if you are motivated to make a meaningful impact in the financial services industry from day one.
What you will be responsible for
As Credit Risk Modeler you will:
  • Develop credit risk models (PD/LGD/EL) to provide quantitative support to credit risk analytical processes for State Street's wholesale portfolios, including Commercial Real Estate (CRE), Corporate, Private Equity (PE) Fund and Private Credit (PC) exposures, etc.
  • Develop credit portfolio risk models for CCAR/CECL/IFRS9/BASEL/Ratings/ICAAP use cases, as well as for economic capital
  • Review and enhance credit risk analytical methodology including modeling choices in line with expanding business and regulatory requirements
  • Review and verify key model assumptions with model owners
  • Review model outputs with properly justified opinions and judgments by experts from credit risk managers to capture forward-looking financial market and macro-economic outlooks
  • Implement internally developed models on risk analytical library platform
  • Streamline the existing modeling and analytical process; increasing the pace of execution to meet the needs of the business
  • Work in close partnership with the three lines of defense functions, such as model governance, Corporate Audit and Financial Regulatory Assurance to ensure appropriate governance and control infrastructure for credit risk analytics
  • Prepare and present required reports/reviews to model risk management, senior management and global regulators

What we value
These skills will help you succeed in this role:
  • Strong analytical and quantitative mindset; ability to take ownership and improve on existing risk models and methodologies
  • Energetic/motivator: an enthusiastic individual with proven leadership skills and an ability to motivate a diverse, multi-level workforce and instill a sense of urgency on a range of evolving goals and objectives
  • Organizational strengths: an ability to organize projects, processes and priorities to ensure business needs are met in a coordinated, responsive and timely manner, with minimal direction
  • Confidence: a self-assured, experienced and knowledgeable individual able to quickly garner support for his/her views based on informed, well-presented direction or analysis, with a willingness to negotiate, and concede, when needed
  • Communicator: clear, confident, self-assured communication style, coupled with an ability to react and adapt to various audiences and environments without diluting effectiveness

Education & Preferred Qualifications
  • MS or PhD in statistics or econometrics or equivalent, prefer research area in survival analysis/event history analyses or related areas; Prefer research area that involves heavy programming work with strong programming skills in Python/R/C/C++/SQL etc.
  • Undergraduate training in mathematics and probability theory (measure theory) with good knowledge of stochastic calculus is a big plus.
  • Strong programming skills in Python/R/C/C++/SQL etc.
  • Demonstrated experiences working with model development teams, analytical library development team and technology
  • Motivated and fascinated in how to apply statistics and econometric methodologies to resolve credit risk modeling challenges in financial industry

Salary Range:
$75,000 - $123,750 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary 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

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