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Head Of Credit Jobs (NOW HIRING)

Director of Credit & Risk

New York, NY · On-site

$190K - $220K/yr

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 ...

Director of Credit & Risk

Manhattan, NY · On-site

$190K - $220K/yr

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 ...

Full-Time Head of Credit & Underwriting As our Head of Credit & Underwriting, you'll lead credit strategy, oversee underwriting, manage risk, and work with capital partners to ensure every loan meets ...

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Head Of Credit information

See salary details

$84.5K

$156.3K

$301.5K

How much do head of credit jobs pay per year?

As of Aug 13, 2026, the average yearly pay for head of credit in the United States is $156,315.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,500.00 and $188,000.00 per year, depending on experience, location, and employer.

What is the difference between Head Of Credit vs Credit Analyst?

AspectHead Of CreditCredit Analyst
Required CredentialsTypically requires a bachelor’s degree in finance, economics, or related field; often advanced certifications like CFA or credit-specific certificationsUsually requires a bachelor’s degree in finance, accounting, or related field; certifications like CFA can be advantageous
Work EnvironmentLeadership role overseeing credit teams, strategy, and policies within financial institutions or corporationsAnalytical role focused on assessing creditworthiness of clients or investments, often within banks or credit agencies
Employer & Industry UsageCommonly employed in banks, financial services, and corporate finance departmentsWidely used in banks, credit rating agencies, and lending institutions

The Head Of Credit is a senior leadership position responsible for overseeing credit risk management and strategy, while a Credit Analyst focuses on evaluating individual credit applications and risk assessment. Both roles require strong financial analysis skills and relevant certifications, but differ in scope and responsibility.

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

To thrive as a Head of Credit, you need deep expertise in credit risk assessment, portfolio management, and financial analysis, typically supported by a degree in finance, accounting, or a related field. Familiarity with credit risk modeling tools, financial reporting systems, and regulatory compliance frameworks is essential, and professional certifications like CFA or FRM are often valued. Strong leadership, decision-making, and stakeholder communication skills distinguish top performers in this role. These competencies enable effective risk management, support business growth, and ensure regulatory compliance for the organization.

How does the head of credit typically collaborate with other departments within a financial institution?

The Head of Credit works closely with multiple departments, including risk management, sales, compliance, and operations, to ensure that credit policies align with overall business objectives and regulatory requirements. Regular collaboration with the risk team is essential to assess portfolio health and adapt to emerging risks, while partnering with sales ensures credit offerings meet client needs. This role also involves coordinating with compliance to maintain adherence to legal and regulatory standards, and with operations to streamline approval processes and resolve client issues efficiently. Strong communication and cross-functional teamwork are key to success in this leadership position.

What does a Head Of Credit do?

A Head of Credit oversees a company's credit risk management, developing policies to evaluate and approve credit applications, monitor credit portfolios, and minimize financial losses. They analyze financial data, lead credit teams, and ensure compliance with industry regulations, often using credit scoring tools and financial analysis skills.
More about Head Of Credit jobs
What cities are hiring for Head Of Credit jobs? Cities with the most Head Of Credit job openings:
What are the most commonly searched types of Of Credit jobs? The most popular types of Of Credit jobs are:
What states have the most Head Of Credit jobs? States with the most job openings for Head Of Credit jobs include:
Infographic showing various Head Of Credit job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $156,315 per year, or $75.2 per hour.

Head of Portfolio & Credit Administration

ThinkingAhead

Yorktown Heights, NY • On-site

Full-time

Posted 6 days ago


Job description

Purpose/Objective:

The Head of Portfolio & Credit Administration will support the relationship between the Relationship Managers, Portfolio Managers, Commercial Administration, and Documentation staff, through advocacy, collaboration, and communication.

This role is responsible for fostering strong teamwork, driving process improvement, developing consistent processes; ensuring loan compliance; managing various tracking of portfolio reporting requirements; overseeing the workflow process for multiple commercial lending functions (Middle Market, Commercial Real Estate and Business Banking) within the region; working on credit underwriting, building strong relationships with departments across the bank; develop, support, and coach the administration staff; and foster a positive, professional and efficient work environment.

Key Accountabilities:

• Manage a team of Commercial Credit Analysis and Commercial Administrative Portfolio Managers

• Oversee the coaching, mentoring, and development of the Commercial Credit Analysts and Commercial Administrative Portfolio Managers

• Develop the commercial credit analysts to improve consistency, standards and quality of commercial loan underwriting for new credit requests, amendments, modifications, renewals and waivers

• Proactively manage resources to support portfolio workflow including new loan requests and ongoing credit administration requirements in collaboration with relationship managers and the team leaders

• Underwrite new credit requests and modifications as needed

• Manage the team and oversee the process of tracking and reporting for: financial statement collection, Covenant Tests, Annual Reviews, and ensure electronic files are up to date with such information.

• Manage internal and external audits and oversee the tracking of any findings from the audit. Work with the RM, PM and Team Leaders to satisfy such findings.

• Establish a process that will provide checks and balances in Underwriting and Portfolio Management with the relationship managers and/or portfolio managers and teams leaders within the region

• Ensure commercial loan structures and underwriting comply with established polices and credit standards prior to appropriate approval

• Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one's duties.

Education:

• Bachelor's Degree in the field of Finance or Accounting preferred

Experience:

• 10+ years Commercial Credit and Portfolio Administration management and underwriting/analysis experience

• Ability to drive process improvement through developing procedures, job aids, and development documents

• Collaborative with strong leadership abilities, to influence and build relationships

• Depth and breadth of technical knowledge of commercial banking products and documentation

• Concrete understanding of credit compliance, policies and standards

• Practical skill and working knowledge of applicable bank systems, including, but not limited to: FIS; electronic file system; loan operating system, and Imaging systems.

• Experience working with the Microsoft Office suite of software programs

Skills & Knowledge:

• Ability to lead, mentor and motivate

• Models a high degree of professionalism

• Fosters a positive working environment

• Consistently demonstrates behaviors associated with the Bank's Core values

• Excellent verbal and written communication skills

• High level of attention to detail, organizational skills and process driven

• Ability to multi-task in a fast-paced environment