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Head Of Credit Risk Jobs in Dover, NH (NOW HIRING)

Td

Credit Portfolio Manager II - Metro CRE

Portsmouth, NH · On-site

$115K - $186K/yr

The job oversees the overall risk profile of a designated portfolio, identifying potential macro and micro risk issues (both positive and negative) early on. Depth & Scope: * Manages complex credit ...

NBT Bank

Credit Analyst III

Portsmouth, NH

$71K - $95K/yr

RMA or Credit Risk certifications and/or Sales Training * Established Individual Development Plan Skills and Abilities: * Strong working knowledge and understanding of traditional financial analysis ...

Bank of New England

Portfolio Manager

Salem, NH

$85K - $100K/yr

Strong understanding of financial statement analysis and commercial credit underwriting * Experience managing or supporting commercial loan portfolios * Ability to evaluate financial risk and make ...

Bank of New England

Portfolio Manager

Salem, NH · On-site

$85K - $100K/yr

Strong understanding of financial statement analysis and commercial credit underwriting * Experience managing or supporting commercial loan portfolios * Ability to evaluate financial risk and make ...

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All JobsHead Of Credit Risk JobsHead Of Credit Risk Jobs in Dover, NH

Head Of Credit Risk information

See Dover, NH salary details

$88.3K

$161.7K

$244.6K

How much do head of credit risk jobs pay per year?

As of Aug 30, 2026, the average yearly pay for head of credit risk in Dover, NH is $161,656.00, according to ZipRecruiter salary data. Most workers in this role earn between $136,300.00 and $181,200.00 per year, depending on experience, location, and employer.

What are some common challenges faced by a head of credit risk, and how can they be addressed?

A Head of Credit Risk often encounters challenges such as adapting to rapidly changing market conditions, ensuring robust risk assessment models, and maintaining regulatory compliance. Balancing risk minimization with business growth targets requires strong analytical skills and cross-department collaboration. Regularly updating risk policies, leveraging advanced analytics, and fostering open communication with lending, compliance, and IT teams helps address these challenges effectively. Staying proactive and fostering a culture of continuous improvement are also key to success in this leadership role.

What are the key skills and qualifications needed to thrive as a head of credit risk, and why are they important?

To thrive as a Head of Credit Risk, a deep understanding of credit risk analysis, portfolio management, and regulatory requirements is essential, often supported by a degree in finance, economics, or a related field. Expertise with risk assessment tools, credit risk modeling software, and familiarity with regulatory systems like Basel Accords are typically required. Strong leadership, analytical thinking, and effective communication are vital soft skills for managing teams and influencing strategic decisions. These skills ensure robust risk management practices, regulatory compliance, and the financial stability of the organization.

What is the difference between Head Of Credit Risk vs Credit Risk Manager?

AspectHead Of Credit RiskCredit Risk Manager
ResponsibilitiesOversees entire credit risk strategy, policy development, and team leadershipManages credit risk assessments, monitoring, and reporting within specific portfolios
Required CredentialsTypically requires advanced degrees and extensive experience in credit riskRequires relevant experience and certifications like CFA or credit risk courses
Work EnvironmentStrategic, leadership-focused, often in senior management meetingsOperational, analytical, focused on credit assessments and monitoring

The Head Of Credit Risk holds a senior leadership role, shaping overall credit policies, while the Credit Risk Manager focuses on day-to-day risk assessment and management. Both roles require relevant experience and certifications, but differ mainly in scope and strategic influence.

What cities near Dover, NH are hiring for Head Of Credit Risk jobs?

Cities near Dover, NH with the most Head Of Credit Risk job openings:

Head Of Credit Risk jobs near you
Infographic showing various Head Of Credit Risk job openings in Dover, NH as of August 2026, with employment types broken down into 84% Full Time, 14% Part Time, and 2% Contract. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $161,656 per year, or $77.7 per hour.

Commercial Credit Analyst II

Newburyport, MA • On-site

River Run Services LLC
See more jobs at River Run Services LLCexternal

Full-time

Posted 25 days ago

Job description

Description:

River Run is a shared services organization that supports banking affiliates, Newburyport Bank and Pentucket Bank. Together, we shape the evolution of community banking through innovation and strong partnerships, while preserving the personalized service our customers value. Here, you will discover opportunities for professional growth, make a meaningful impact in your local community, and join a team that champions integrity, collaboration, and continuous progress. This is community banking, evolved. 


The Commercial Credit Analyst II identifies, monitors, and describes credit risk in a commercial banking environment. Performs financial spreading and analysis, credit underwriting, evaluation of commercial borrowers, covenant testing, and performs occasional special projects.


Essential Job Functions

  • Analyze financial statements, evaluate personal and commercial creditworthiness, and prepare comprehensive credit approval packages for new loan requests. 
  • Independently underwrite new financing requests, complete annual commercial loan reviews, and maintain responsibility for assigned borrower relationships. 
  • Identify, assess, and document financial, operational, industry, economic, and management risks that may impact a borrower's ability to meet obligations, recommending appropriate risk ratings and action plans when needed. 
  • Collect, analyze, and interpret financial and supporting documentation, obtaining additional information as necessary to ensure timely and accurate credit decisions. 
  • Maintain commercial credit files and portfolio quality while supporting Commercial Lending with quarterly reviews, preliminary memos, construction site inspections, customer visits, meetings, and loan structuring. 
  • Assist junior analysts and interns by answering questions, modeling best practices, and providing guidance on credit analysis and documentation. 
  • Ensure compliance with Bank credit policies, lending procedures, federal and state regulations, and the Bank Secrecy Act (BSA), documenting exceptions and verifying transactions and account balances as applicable. 
  • Provide administrative support to the Credit Administration team and Commercial Lending Officers while remaining current on Bank products, services, policies, procedures, and regulatory requirements through ongoing training.
Requirements:

Qualifications, Education, and Experience

  • Bachelor's degree in Business or a related field. 
  • 2–3 years of banking or financial services experience. 
  • Strong knowledge of accounting, finance, and commercial lending principles. 
  • Ability to perform financial statement analysis, interpret appraisal and market data, and evaluate commercial credit risk. 
  • Strong analytical, decision-making, organizational, and time management skills with excellent attention to detail. 
  • Proficiency in Microsoft Office and other standard business applications. 
  • Self-motivated with the ability to manage multiple priorities and meet deadlines. 
  • Ability to learn and apply knowledge of the Bank's products and services, particularly commercial and loan products. 
  • Strong written and verbal communication skills with the ability to clearly document financial analyses and credit recommendations. 

River Run Services, LLC is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, ancestry, national origin, gender, sexual orientation, marital status, religion, age, disability, gender identity, results of genetic testing or service in the military.


If you are an individual with a disability and require a reasonable accommodation to complete the application process, you may contact Human Resources at hr@riverrun.com or call 978-462-3136.


The salary range represents an estimate based on market data for this position. Final compensation decisions are made based on experience, skills, and internal equity to ensure fairness and consistency across our organization.

Salary Description