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Senior Credit Risk Manager Jobs in Riverside, CT

The ideal candidate will possess the ability to identify and communicate credit risk management weaknesses; as well as effectively challenge internal and regulatory risk ratings where appropriate.

Audit Project Manager - Credit Risk

New York, NY · On-site

$113K - $149K/yr

The Audit Project Manager supports the CAS Senior Audit Manager - Credit Risk in delivering independent assurance and advisory services to senior management and the Audit Committee. The role ...

The ideal candidate will possess the ability to identify and communicate credit risk management weaknesses; as well as effectively challenge internal and regulatory risk ratings where appropriate.

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Senior Credit Risk Manager information

See Riverside, CT salary details

$23.8K

$125.3K

$222.5K

How much do senior credit risk manager jobs pay per year?

As of Jun 9, 2026, the average yearly pay for senior credit risk manager in Riverside, CT is $125,318.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,500.00 and $153,700.00 per year, depending on experience, location, and employer.

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

To excel as a Senior Credit Risk Manager, you need strong analytical skills, deep knowledge of credit risk assessment, and typically a degree in finance, economics, or a related field. Expertise with risk management software (such as SAS, Moody's Analytics, or SQL), financial modeling tools, and relevant certifications like FRM or CFA is highly valued. Exceptional communication, leadership, and decision-making abilities are important soft skills for managing teams and collaborating across departments. These skills and qualifications are crucial for accurately assessing credit risk, ensuring regulatory compliance, and safeguarding an organization's financial health.

What are some typical challenges a Senior Credit Risk Manager faces in balancing risk and business growth?

A Senior Credit Risk Manager often faces the challenge of maintaining a prudent risk profile while supporting the organization's growth targets. This involves analyzing complex financial data, setting appropriate credit limits, and developing risk models that reflect current market conditions. Balancing regulatory compliance with commercial objectives and collaborating with sales, underwriting, and compliance teams to ensure sound credit decisions is key. Effective communication and negotiation skills are essential when advising senior leadership on potential exposures and strategic moves.

What does a Senior Credit Risk Manager do?

A Senior Credit Risk Manager is responsible for overseeing the assessment and management of credit risks within a financial institution or company. They analyze the creditworthiness of potential and existing clients, develop risk management strategies, and ensure compliance with regulatory requirements. Additionally, they lead teams, review credit risk policies, and provide recommendations to minimize losses while optimizing profitability. Their expertise helps organizations make informed lending decisions and maintain a healthy loan portfolio.

What is the difference between Senior Credit Risk Manager vs Credit Analyst?

AspectSenior Credit Risk ManagerCredit Analyst
Required CredentialsBachelor's degree, often advanced certifications like CFA or credit risk certificationsBachelor's degree, often in finance, economics, or related fields
Work EnvironmentStrategic, managerial, overseeing credit risk policiesAnalytical, research-focused, assessing individual credit applications
Employer & Industry UsageFinancial institutions, banks, large corporationsBanks, lending institutions, credit agencies
Common Search & ComparisonYesYes

The Senior Credit Risk Manager typically oversees credit risk strategies and manages teams, requiring advanced certifications and strategic skills. In contrast, a Credit Analyst focuses on evaluating individual credit applications and conducting detailed financial analysis. While both roles are integral to credit risk management, they differ in scope, responsibilities, and experience level.

What job categories do people searching Senior Credit Risk Manager jobs in Riverside, CT look for? The top searched job categories for Senior Credit Risk Manager jobs in Riverside, CT are:
What cities near Riverside, CT are hiring for Senior Credit Risk Manager jobs? Cities near Riverside, CT with the most Senior Credit Risk Manager job openings:
Manager - Risk Management

Full-time

Posted 24 days ago


American Express rating

8.5

Company rating: 8.5 out of 10

Based on 33 frontline employees who took The Breakroom Quiz

26th of 138 rated financial services


Job description

How will you make an impact in this role?

The Credit Risk Oversight organization within Global Risk and Compliance (GRC) is responsible for independently overseeing and challenging the company's credit risk taking and credit risk management activities, including the comprehensive identification, management, and mitigation of credit risks within the company's risk appetite.

This person is responsible for providing credible challenge to US & International consumer and small business new accounts and initial line risk strategies and processes within AMEX. The candidate should have experience in credit risk management, data & analytics, risk appetite limit setting, portfolio monitoring and relevant regulatory regulations and guidance.

The incumbent will report to the Director, Global Credit Risk Oversight.

  • Credit risk management experience or a similar role;

  • Strong analytical skills and business acumen with a risk-reward control perspective;

  • Experience with data-driven analytical tools (e.g. SQL, SAS, HIVE/HADOOP, R, Python);

  • Ability to clearly communicate oversight findings to credit risk peers, business partners, and senior leaders;

  • Demonstrates the courage to challenge the status quo;

  • Demonstrates the ability to successfully manage multiple priorities under pressure;

  • Proven ability to collaborate with colleagues across the Company;

  • Self-starter with natural curiosity to solve problems;

  • Advanced degree in quantitative field is preferred

Employment eligibility to work with American Express in the United States is required as the company will not pursue visa sponsorship for these positions.

  • Help implement remediation for credit and enterprise gaps as identified in project Guardian

  • Provide analytical support for Credit risk policy and Standards for new account and limit management & customer management and collections

  • Conduct independent reviews of the consumer & small business risk processes and strategies

  • Prepare risk appetite framework metrics along with other risk assessment files

  • Own Exceptions and Smart Monitoring KRIs and action appropriately. Produce, analyze and publish functional and exception monitoring MIS

  • Monitor concentrations in the consumer & small business portfolios and recommend actions to mitigate risk

  • Identify emerging risks by tracking macroeconomic and markets trends


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