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Remote Credit Risk Jobs in Maine (NOW HIRING)

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Remote Credit Risk information

What are some common challenges faced by professionals in remote credit risk roles, and how can they be addressed?

Remote credit risk professionals often face challenges such as limited direct access to clients and colleagues, which can make it harder to gather nuanced information and collaborate efficiently. To address these, it's important to leverage digital communication tools and maintain proactive communication with both internal teams and external stakeholders. Building strong documentation and adopting clear workflows also help ensure consistency in risk evaluation while working remotely. Regular virtual meetings and continuous professional development can further support success and connection in a remote setting.

What is a Remote Credit Risk job?

A Remote Credit Risk job involves analyzing and assessing the financial risk associated with lending or extending credit to individuals or businesses, all while working from a remote location. Professionals in this field evaluate credit applications, monitor existing accounts, and help develop policies to minimize financial losses for their employer. They typically use data analysis, financial modeling, and risk assessment tools to make informed decisions. Remote roles in credit risk allow for flexible work arrangements, but still require strong analytical skills and attention to detail.

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

AspectRemote Credit RiskRemote Credit Analyst
Primary FocusAssessing overall credit risk for portfolios and lending strategiesAnalyzing individual credit applications and financial data
Required CredentialsOften requires risk management certifications, finance degreesTypically requires finance or accounting degrees, certifications like CFA or CPA
Work EnvironmentCollaborates with risk management teams, uses risk modeling toolsWorks with loan officers, reviews financial statements, uses credit scoring software
Industry UsageCommon in banking, financial services, lending institutionsUsed in banks, credit unions, lending agencies

Remote Credit Risk professionals focus on evaluating overall credit portfolios and developing risk mitigation strategies, while Remote Credit Analysts analyze individual credit applications to determine creditworthiness. Both roles require financial expertise and often similar certifications, but their scope and daily tasks differ significantly.

What are the key skills and qualifications needed to thrive as a Remote Credit Risk Analyst, and why are they important?

To thrive as a Remote Credit Risk Analyst, you need strong analytical abilities, knowledge of financial principles, and typically a degree in finance, economics, or a related field. Familiarity with risk assessment software, statistical tools like SAS or R, and credit reporting systems is essential. Excellent communication, attention to detail, and problem-solving skills help you interpret data and collaborate effectively from a distance. These skills and qualifications are crucial to accurately assess creditworthiness, minimize risk, and support sound financial decisions in a remote environment.
What are the most commonly searched types of Credit Risk jobs in Maine? The most popular types of Credit Risk jobs in Maine are:
What are popular job titles related to Remote Credit Risk jobs in Maine? For Remote Credit Risk jobs in Maine, the most frequently searched job titles are:
What job categories do people searching Remote Credit Risk jobs in Maine look for? The top searched job categories for Remote Credit Risk jobs in Maine are:
What cities in Maine are hiring for Remote Credit Risk jobs? Cities in Maine with the most Remote Credit Risk job openings:
Remote Credit Risk jobs near you

Senior Commercial Credit Analyst

Finance Authority of Maine

Augusta, ME • On-site, Remote

$75K - $95K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 8 days ago

Job description

FAME is seeking a knowledgeable, driven and compassionate individual to become part of the Credit Team as a Senior Commercial Credit Analyst. The primary responsibilities of this position include providing underwriting support for our commercial loan programs in accordance with loan policy. Analyzes all aspects of credit, prepares reports on findings and makes recommendations on decision and structure. Responsible for managing workflow through the credit process. Act as a mentor to other credit analysts and a point of contact for other business staff.
This individual serves as the back up for the Senior Credit and Risk Officer to support functions including but not limited to managing relationships with internal and external partners as it relates to credit policy and program requirements, monitoring certain risk factors, preparing and presenting reports and continuous improvement efforts.
This full-time position offers an annual salary range of $75,000 - $95,000, along with a comprehensive benefits package, including generous paid time off (13 holidays, vacation, personal days and sick leave), health, dental, and vision insurance, life and disability coverage, tuition benefits for employees, and a 457(b) retirement plan with 8% employer contribution.
Work Schedule and Location: Primarily based in our Augusta office location, ability to work a remote schedule after initial training and orientation.
Requirements
  • Four-year degree in related field (or an appropriate combination of education and work experience).
  • Five to eight (5-8) years related work experience, preferably in commercial lending.
  • Exceptional credit/analytical skills.
  • Thorough Knowledge of accounting principles and understanding of financial statements.
  • In-depth knowledge of financial ratios.
  • Ability to communicate effectively, both oral and written.
  • Ability to solve problems.
  • Strong time management skills.
  • Extensive knowledge of Excel is required; must also have knowledge of loan platform systems (such as SalesForce) and Microsoft Word skills.

Salary Description
$75,000 - $95,000/annually

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