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Remote Credit Risk Underwriter Jobs in Rhode Island

Citizens Bank

Collateral Review Manager

Johnston, RI · On-site +1

$98K - $128K/yr

... Credit Risk, Operations, Underwriting, Secondary Marketing, Fulfillment, and other business stakeholders. Primary responsibilities include: * Manage and oversee appraisal and valuation review ...

New

Citizens Bank

Appraisal Analyst II

Providence, RI · On-site +1

Collateral risk review * Real Estate Professional * Mortgage underwriting with collateral decision ... REMOTE * Standard business hours; flexibility may be required during peak volumes or pilot ...

Citizens

Appraisal Analyst II

Providence, RI · On-site +1

Collateral risk review * Real Estate Professional * Mortgage underwriting with collateral decision ... REMOTE * Standard business hours; flexibility may be required during peak volumes or pilot ...

Citizens Bank

Senior Review Appraiser

Johnston, RI · On-site +1

$39.23 - $44.37/hr

... risk policy to ensure that loans secured with real estate are protected with adequate collateral ... Three years or more of mortgage or consumer loan underwriting experience - appraisal review ...

New

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Remote Credit Risk Underwriter information

What does a remote credit risk underwriter do?

A Remote Credit Risk Underwriter evaluates loan applications and assesses the creditworthiness of individuals or businesses from a remote location, typically working from home. They analyze financial statements, credit reports, and other relevant data to determine the risk involved in lending money. Their goal is to ensure that loans are only approved for applicants who are likely to repay them, thus minimizing losses for the lender. Remote underwriters use digital tools and platforms to perform their assessments and communicate with colleagues and clients.

What are the key skills and qualifications needed to thrive as a remote credit risk underwriter?

To thrive as a Remote Credit Risk Underwriter, you need strong analytical abilities, knowledge of credit policies, and experience in financial statement analysis, usually backed by a degree in finance, accounting, or a related field. Familiarity with credit risk assessment software, financial modeling tools, and relevant industry certifications such as CRC or CFA is typically required. Outstanding attention to detail, decision-making skills, and effective communication are vital soft skills for collaborating remotely and presenting risk findings. These competencies ensure accurate risk evaluations, minimize financial losses, and maintain strong client and team relationships in a virtual environment.

How does a remote credit risk underwriter typically collaborate with other departments while working off-site?

As a Remote Credit Risk Underwriter, you’ll regularly collaborate with loan officers, sales teams, and compliance staff through digital communication platforms such as email, video conferencing, and specialized underwriting software. Clear and timely communication is essential, since you'll often be relied upon for quick risk assessments and policy clarifications. Many organizations foster teamwork by holding virtual meetings, using project management tools, and maintaining shared digital workspaces to ensure remote underwriters stay connected and aligned with overall business goals.

What is the difference between Remote Credit Risk Underwriter vs Remote Credit Analyst?

AspectRemote Credit Risk UnderwriterRemote Credit Analyst
Primary RoleAssess and approve credit risk for loan applicationsAnalyze credit data to evaluate borrower creditworthiness
Required CredentialsTypically requires underwriting certifications, finance or banking backgroundOften requires finance or accounting background, sometimes certifications
Work EnvironmentCollaborates with underwriters, lenders, and risk teamsWorks with loan officers, clients, and risk management teams
Industry UsageCommon in banking, lending, and financial servicesWidely used in banking, mortgage, and lending sectors

While both roles involve analyzing credit data, the Remote Credit Risk Underwriter primarily makes approval decisions based on risk assessment, whereas the Remote Credit Analyst focuses on evaluating creditworthiness to inform lending decisions. Both roles require financial knowledge and often similar certifications, but their core responsibilities differ in scope and decision-making authority.

What are popular job titles related to Remote Credit Risk Underwriter jobs in Rhode Island?

For Remote Credit Risk Underwriter jobs in Rhode Island, the most frequently searched job titles are:

What job categories do people searching Remote Credit Risk Underwriter jobs in Rhode Island look for?

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Cities in Rhode Island with the most Remote Credit Risk Underwriter job openings:

Remote Credit Risk Underwriter jobs near you

VP, Senior Commercial Credit Analyst (ON-SITE)

Centreville Bank

West Warwick, RI • On-site, Remote

Full-time

Medical, Dental, Life, Retirement, PTO

Re-posted 3 days ago

Job description

The Commercial Credit Analyst is responsible for compiling and preparing financial information required to make credit decisions for commercial loan requests. Responsibilities include, but are not limited to, preparing the financial analysis to make credit decisions, contribute to the loan decision process, monitor the existing loan portfolio and evaluate credit risk. They will provide project assistance as required by the Credit Manager and Chief Credit Officer.
  • Complete underwriting for credit requests for new and existing commercial client base to produce credit worthiness recommendations. This includes collecting information from various internal and external resources, recording into risk base model, analyzing, interpreting and reporting results and ensuring proper signature authority has been obtained.
  • Analyze and interpret all types of credit information on existing customer relationships, to include but not limited to, financial statements, tax returns, ratios and credit reports.
  • Timely and accurately maintain automatic tracking systems that identifies deal flow and when financial information and / or any credit information is needed.
  • Monitor customer accounts and loan portfolios in order to maximize credit quality and minimize risk and loss.
  • Complete credit analysis, prepare recommendations regarding the renewals and ratings of credit extensions for approval.
  • Understand and ensure compliance with all Federal and State Regulations and internal banking policies and procedures.
  • Work with lenders to ensure all post closing missing items are received and delivered to Loan Servicing. Complete projects as assigned by the Credit Manager or Chief Credit Officer.
  • Maintain current knowledge and consistent compliance with regulations, bank policies and procedures related to the position, including but not limited to Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) requirements.

Requirements
Qualifications
  • Required Qualifications:
  • Bachelor's degree in business or related field and 3 - 5 years related experience.
  • Ability to read and interpret business and personal financial statements, tax returns, and credit bureau reports.
  • Excellent organizational skills.
  • Strong communication skills.
  • Strong relationship skills and the ability to influence business and functional partners.
  • Capability to multitask and work on a variety of projects and teams is essential.
  • Ability to apply concepts such as fractions, percentages, ratios to practical banking situations.
  • Extensive knowledge and experience with Word, Excel and spreadsheets.

Preferred Qualifications:
  • 5-10 years related experience.
  • Salary Range: Commensurate with experience.
  • Centreville Bank offers a competitive salary and benefits package that includes medical and dental coverage, life insurance, disability insurance, 401(k) plan, paid time off and holidays.
  • Centreville Bank is an Equal Opportunity Employer. All positions are subject to periodic evaluation.

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