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Vice President Credit Risk Jobs in Merrick, NY (NOW HIRING)

First Vice President, Credit Risk Analytics & Modeling Department: Risk Management / Credit Risk Management Location: New York, NY (Hybrid - 3 days in office) Employment Type: Full-time Reports to:

We're seeking someone to join our Credit Review Group as a Vice President. This is a specialized ... Proactively identify risk and emerging risk, and factor into risk assessment and credit review ...

We're seeking someone to join our Credit Review Group as a Vice President. This is a specialized ... Proactively identify risk and emerging risk, and factor into risk assessment and credit review ...

We're seeking someone to join our Credit Review Group as a Vice President. This is a specialized ... Proactively identify risk and emerging risk, and factor into risk assessment and credit review ...

IAD serves as an objective and independent function within the Firm's risk management framework to ... This is a Vice President level position within Credit Review, which is responsible for inspecting ...

Showing results 21-40

Vice President Credit Risk information

See Merrick, NY salary details

$44.5K

$161.3K

$284.1K

How much do vice president credit risk jobs pay per year?

As of Sep 7, 2026, the average yearly pay for vice president credit risk in Merrick, NY is $161,305.00, according to ZipRecruiter salary data. Most workers in this role earn between $117,800.00 and $194,600.00 per year, depending on experience, location, and employer.

What is a vice president credit risk?

A Vice President Credit Risk is a senior leader responsible for assessing, managing, and mitigating credit risk within a financial institution. They develop risk policies, oversee credit analysis, and ensure compliance with regulatory requirements. This role involves working closely with lending teams, risk analysts, and senior executives to establish risk appetite and optimize portfolio performance. Strong analytical skills, financial acumen, and industry knowledge are essential for success in this position.

What are the typical daily responsibilities of a vice president credit risk?

A Vice President Credit Risk typically reviews and approves large lending proposals, monitors the organization’s credit risk exposure, and leads the development of risk assessment frameworks. They collaborate closely with teams in underwriting, portfolio management, and regulatory compliance to ensure policies align with business objectives and industry standards. The role also involves mentoring junior risk professionals, presenting risk findings to executive leadership, and staying up-to-date with changes in market conditions and regulations. This dynamic environment requires both strategic oversight and hands-on analysis, balancing risk and opportunity to support the organization’s growth.

What are the key skills and qualifications needed to thrive in the vice president credit risk position?

To thrive as a Vice President Credit Risk, you need extensive experience in credit risk management, strong analytical abilities, and a solid understanding of financial regulations, typically supported by a relevant degree (such as finance or economics). Familiarity with credit risk modeling tools, risk assessment software, and industry certifications like FRM or CFA is highly valued. Exceptional leadership, strategic thinking, and communication skills help you manage teams and collaborate effectively across departments. These competencies are crucial for identifying, assessing, and mitigating credit risks to ensure the organization’s long-term financial stability.

What are the most commonly searched types of Credit Risk jobs in Merrick, NY?

The most popular types of Credit Risk jobs in Merrick, NY are:

What are popular job titles related to Vice President Credit Risk jobs in Merrick, NY?

For Vice President Credit Risk jobs in Merrick, NY, the most frequently searched job titles are:

What cities near Merrick, NY are hiring for Vice President Credit Risk jobs?

Cities near Merrick, NY with the most Vice President Credit Risk job openings:

Infographic showing various Vice President Credit Risk job openings in Merrick, NY as of August 2026, with employment types broken down into 98% Full Time, and 2% Contract. Highlights an 94% In-person, 4% Hybrid, and 2% Remote job distribution, with an average salary of $161,305 per year, or $77.6 per hour.

Credit Risk Officer - Alternatives (Hedge Funds & Private Markets) - Vice President

Citigroup, Inc.

New York, NY • On-site

$129K - $194K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 4 days ago


Citibank rating

8.4

Company rating: 8.4 out of 10

Based on 179 frontline employees who took The Breakroom Quiz

38th of 175 rated banks


Job description

Citi is looking for a Vice President, Credit Risk - Alternatives to join our Institutional Credit Management (ICM) team as a counterparty credit officer covering a portfolio of alternative asset managers, including hedge funds and private markets-focused funds. In this role, you will serve as a critical First Line of Defense, owning credit risk assessment and client relationships across a broad range of capital markets products - from Prime Brokerage and Repo to OTC derivatives and structured lending. Your work will directly shape the quality of Citi's wholesale credit decisions and client experience within one of the firm's most complex and high-profile counterparty portfolios.
Responsibilities
  • Own end-to-end counterparty credit risk coverage for a portfolio of alternative asset managers, conducting initial, ongoing, and annual credit due diligence to a consistently high standard.
  • Author high-quality credit reviews - including initial assessments, annual reviews, and analyses of material transactions - that clearly articulate risk/return trade-offs for senior stakeholders.
  • Assess transaction risk across a full suite of capital markets products, including Equity, FX and Fixed Income Prime Brokerage, Futures, Clearing, Repo, and bilateral OTC derivatives.
  • Lead credit-focused legal negotiations and manage the escalation process for approvals, ensuring decisions are well-reasoned, timely, and aligned with Wholesale Credit Risk standards.
  • Build and maintain trusted relationships with senior client contacts - including COOs, CFOs, and CCOs - through on-site due diligence meetings, calls, and regular engagement, positioning yourself as a go-to credit contact for clients.
  • Partner closely with internal business teams and Second Line of Defense Risk partners to deliver balanced risk assessments and ensure best-in-class governance and controls.
  • Monitor portfolio developments, identify emerging credit concerns, and escalate issues proactively to protect Citi's risk position and client relationships.

Required Qualifications & Skills
  • 5 or more years of counterparty credit risk experience within financial services, with demonstrated expertise covering alternative investment managers such as hedge funds and proprietary trading firms.
  • Hands-on underwriting experience across a range of capital markets products, including Prime Brokerage, Repo, FX, Derivatives, Fund Financing, subscription call facilities, and structured lending.
  • Proven ability to analyze complex capital markets products and financing structures, and translate that analysis into clear, well-supported credit decisions.
  • Track record of authoring substantive credit documentation - including initial reviews, annual reviews, and transaction-specific analyses - to a professional standard.
  • Strong communication skills, both written and verbal, with the ability to present effectively to diverse audiences including senior management and clients.
  • Demonstrated ability to make sound credit judgements under time pressure and escalate concerns appropriately when required.
  • Degree in Finance, Accounting, Economics, or a related discipline.

Beneficial Skills & Qualifications
  • Advanced degree or professional qualification such as an MBA, CFA, FRM, or CPA.
  • Familiarity with local market dynamics, regulatory frameworks, and competitive positioning within the alternatives space.
  • Experience engaging directly with senior fund management professionals, including COO, CFO, and CCO-level contacts, in a client-facing credit capacity.

What We Offer
At Citi, you will be part of a global team where your expertise has real influence on the decisions that matter. We are committed to supporting your growth, wellbeing, and long-term career - offering an environment where senior professionals can do meaningful work and build lasting impact.
  • Hybrid working model - 3 days in the office and 2 days working remotely, giving you flexibility without compromising collaboration.
  • A senior platform with genuine influence over credit risk governance and client strategy within one of the world's leading global banks.
  • Access to a broad global network of risk, trading, and client professionals across Citi's institutional businesses.
  • Ongoing learning and development opportunities, including access to professional development programs and industry-leading resources.
  • Competitive compensation and a comprehensive benefits package designed to support your financial wellbeing and long-term security.
  • Wellbeing and family support programs that help you maintain balance across all areas of your life.

Apply today and take ownership of a high-impact credit risk mandate at the heart of Citi's global alternatives business.
Job Family Group:
Risk Management
Job Family:
Credit Risk
Time Type:
Full time
Primary Location:
New York New York United States
Primary Location Full Time Salary Range:
$129,840.00 - $194,760.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Most Relevant Skills
Analytical Thinking, Credible Challenge, Financial Analysis, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.
Other Relevant Skills
Constructive Debate, Escalation Management, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.
Anticipated Posting Close Date:
Automated Processing and AI
We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.
Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.
Illinois residents - AI Notice and Right
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi's EEO Policy Statement and the Know Your Rights poster.

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About Citigroup Inc

Sourced by ZipRecruiter

We live in an increasingly complex world. Companies these days are either born global or are going global at record speed. Business and geopolitics are forging an entirely new dynamic and consumers now expect financial services to be a seamless part of their digital lives. Citi is a bank that’s uniquely positioned for this moment. Through our vast global network and our on-the-ground expertise, we can connect the dots, anticipate change and empathize the needs of our clients and customers in ways that other banks simply cannot. Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We have set expectations for how we must act to bring our mission to life. These expectations are at the heart of our Leadership Principles – we take ownership, we deliver with pride and we succeed together.

Industry

Banking and credit intermediation

Company size

5,001 - 10,000 Employees

Headquarters location

New York City, NY, US