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Head Of Credit Risk Jobs (NOW HIRING)

Head of Risk * Location: New York, NY (5 days/week in-office) * Base Salary: $175,000-$250,000 ... Credit Risk and Counterparty Management: Design and own Pillar's credit risk framework, including ...

We are looking for a Director of Credit Risk to join our team to train AI models. You will measure the progress of these AI chatbots, evaluate their logic, and solve problems to improve the quality ...

Head of Risk * Location: New York, NY (5 days/week in-office) * Base Salary: $175,000-$250,000 ... Credit Risk and Counterparty Management: Design and own Pillar's credit risk framework, including ...

The ideal candidate will have strong technical skills, a solid understanding of credit risk concepts, and the ability to translate data into actionable insights. What you'll be doing: * Develop and ...

Director of Credit Risk

Providence, RI ยท Remote

$50 - $60/hr

We are looking for a Director of Credit Risk to join our team to help train the next generation of AI while enjoying the flexibility of remote work and the freedom to set your own schedule. This role ...

Director of Credit Risk

Sioux Falls, SD ยท Remote

$50 - $60/hr

We are looking for a Director of Credit Risk to join our team to help train the next generation of AI while enjoying the flexibility of remote work and the freedom to set your own schedule. This role ...

GENERAL DESCRIPTION OF POSITION The Credit Risk Officer is responsible for providing independent, second-line oversight of credit risk across the Bank, with particular emphasis on Commercial Real ...

... of experience as a Credit Portfolio Officer, Credit Risk Senior Officer, Country Risk Senior Officer, Management Reporting Senior Analyst, Equity Research Analyst, Program Head or related position ...

Director of Credit Risk

Raleigh, NC ยท Remote

$50 - $60/hr

We are looking for a Director of Credit Risk to join our team to help train the next generation of AI while enjoying the flexibility of remote work and the freedom to set your own schedule. This role ...

Director of Credit Risk

Little Rock, AR ยท Remote

$50 - $60/hr

We are looking for a Director of Credit Risk to join our team to help train the next generation of AI while enjoying the flexibility of remote work and the freedom to set your own schedule. This role ...

Director of Credit Risk

Charleston, WV ยท Remote

$50 - $60/hr

We are looking for a Director of Credit Risk to join our team to help train the next generation of AI while enjoying the flexibility of remote work and the freedom to set your own schedule. This role ...

Director of Credit Risk

Montpelier, VT ยท Remote

$50 - $60/hr

We are looking for a Director of Credit Risk to join our team to help train the next generation of AI while enjoying the flexibility of remote work and the freedom to set your own schedule. This role ...

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Showing results 1-20

Head Of Credit Risk information

See salary details

$86.5K

$158.3K

$239.5K

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

As of Jun 6, 2026, the average yearly pay for head of credit risk in the United States is $158,312.00, according to ZipRecruiter salary data. Most workers in this role earn between $133,500.00 and $177,500.00 per year, depending on experience, location, and employer.

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 does a Head of Credit Risk do?

A Head of Credit Risk is responsible for overseeing an organization's credit risk management strategies and policies. They analyze credit data, assess potential risks associated with lending, and ensure compliance with regulatory requirements. This role involves leading a team, developing risk assessment models, and working with other departments to minimize financial losses from credit exposures. The Head of Credit Risk also reports to senior management and helps shape the company's overall risk appetite and lending standards.

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 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.
More about Head Of Credit Risk jobs
What cities are hiring for Head Of Credit Risk jobs? Cities with the most Head Of Credit Risk job openings:
What states have the most Head Of Credit Risk jobs? States with the most job openings for Head Of Credit Risk jobs include:
Infographic showing various Head Of Credit Risk job openings in the United States as of May 2026, with employment types broken down into 91% Full Time, 4% Part Time, 1% Contract, and 4% Nights. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $158,312 per year, or $76.1 per hour.
Head of Risk

Head of Risk

Pillar

New York, NY โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 23 days ago


Job description

Overview
  • Role: Head of Risk
  • Location: New York, NY (5 days/week in-office)
  • Base Salary: $175,000-$250,000
  • Equity: Competitive Initial Equity Package + refreshers
  • Experience: 7-12+ Years

About Pillar
Pillar is building the next-generation commodity risk management stack for the $10T physical economy. We combine real-time market data with AI-powered exposure modeling and automated trade generation to arm operators with precise protection from volatility. From instant execution to continuous monitoring, alerts, and recommendations, Pillar turns complex market risk into a fully managed, always-on hedging engine.
We were founded in 2023 by the youngest macro market-maker at Barclays and a trading systems engineer at Coinbase, and have raised over $20M in capital from Andreessen Horowitz (a16z), Crucible Capital, Neo, DST Global and more.
The Role
Pillar operates as a client-first, risk-intermediating platform. Every hedge we facilitate on behalf of a client creates an exposure that must be measured, controlled, and neutralized. We are looking for a Head of Risk to own that function end-to-end, across both market and credit risk.
This role is the guardian of Pillar's balance sheet. You will build the frameworks, systems, and discipline that ensure every exposure is intentional, bounded, and rapidly hedged. You will work directly with the executive team, engineering, compliance, and product to ensure that as Pillar scales, its risk posture remains tight and its capital is used efficiently.
What You'll Do
  • Market Risk and Hedging: Build real-time visibility into firm-wide exposure arising from client hedging activity, execution timing differences, and temporary risk warehousing. Design and implement systematic hedging strategies to neutralize exposure quickly and efficiently across futures, options, and OTC markets, minimizing slippage, basis risk, and execution cost.
  • Credit Risk and Counterparty Management: Design and own Pillar's credit risk framework, including counterparty assessment and onboarding standards, exposure limits, credit lines, and margining and collateral policies. Underwrite and monitor risk for clients receiving margin support or financing. Build models to track exposure at default, collateral coverage, and margin sufficiency. Define and enforce escalation protocols for margin calls, position reductions, and trading restrictions.
  • Integrated Risk Controls: Ensure market and credit risks are managed in tandem. Model and monitor wrong-way risk, liquidity risk during volatile periods, and stress scenarios covering rapid price movements, counterparty deterioration, and market dislocations. Maintain a framework where residual risk is tightly bounded at all times.
  • Balance Sheet and Capital Efficiency: Define clear principles for when Pillar may temporarily warehouse risk versus immediately hedge, and when to extend credit versus require full collateralization. Build frameworks for risk-adjusted exposure limits and margin utilization. Partner with leadership to scale Pillar's capabilities without taking on unbounded risk.
  • Systems and Infrastructure: Work with engineering to build real-time risk dashboards, automated hedging and rebalancing systems, and counterparty exposure monitoring tools. Integrate risk controls directly into execution and product workflows.
  • Product and Strategy Partnership: Shape Pillar's credit-enabled hedging products in a risk-controlled manner. Advise on structured hedging solutions, execution strategies, and client onboarding and risk segmentation. Partner with compliance to ensure alignment with CFTC/NFA and global regulatory expectations.

What We're Looking For
  • 7-12+ years of experience in risk management, trading, or credit at a commodity firm, bank, FCM, or hedge fund
  • Deep experience across both market risk (derivatives, hedging) and credit risk (counterparty, margining, underwriting), with meaningful exposure to both sides preferred
  • Strong understanding of futures, options, and OTC derivatives, as well as margining, collateral, and financing structures
  • Experience managing risk in environments where exposure must be tightly controlled and neutralized, not warehoused or run directionally
  • Strong quantitative and systems mindset; Python or equivalent experience preferred
  • Comfortable operating at an early-stage company where frameworks need to be built from scratch and pace matters as much as rigor

Nice to Have
  • Experience in client facilitation or agency-style trading environments
  • Background at commodity merchants, FCMs, or prime brokers
  • Familiarity with trade finance or working capital solutions
  • Prior experience building risk systems from scratch at a scaling company

Benefits
  • Competitive Salary & Equity
  • 401(k) Program
  • Health, Dental, Vision and Life Insurance
  • Unlimited PTO and Flexible Hours
  • Paid lunch, coffee, snacks (and dinner if you're staying late)
  • Monthly Gym Stipend
  • Regular Team Off-Sites