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Vp Risk Jobs in New Jersey (NOW HIRING)

What We're Looking For The Vice President, Commercial Credit Risk serves as a critical second line of defense within the Credit Risk Management division of a FDIC-regulated community bank ...

Vice President Of Finance

Metuchen, NJ · On-site

$120K - $140K/yr

The Vice President of Finance is mission-driven, strategic, and an operationally strong partner who ... Manage cash flow, investments, banking relationships, and financial risk management. Accounting and ...

Vice President of Finance

Metuchen, NJ · On-site

$120K - $140K/yr

The Vice President of Finance is mission-driven, strategic, and an operationally strong partner who ... Manage cash flow, investments, banking relationships, and financial risk management. Accounting and ...

VP, Credit Risk Review

Jersey City, NJ · On-site

$175K - $200K/yr

The VP, Credit Risk Review will focus on leveraged lending and corporate credit exposures. This role provides objective assessment and challenge of underwriting, risk ratings, portfolio management ...

Posted today

VP of CCAR

Livingston, NJ · On-site

$196K - $252K/yr

The VP - CCAR Internal Controls position will ensure all MRIA commitments are delivered on-time and ... Process mapping and Risk Control Matrices (RCMs) for all material CCAR processes * Review ...

... risk and compliance services to financial institutions. With over 25 years' experience and a ... Reporting to the reporting to title, the Vice President - PERE Accounting will be an integral part ...

... risk and compliance services to financial institutions. With over 25 years' experience and a ... Reporting to the reporting to title, the Vice President - PERE Accounting will be an integral part ...

Showing results 21-40

Vp Risk information

See New Jersey salary details

$44.2K

$159.9K

$281.7K

How much do vp risk jobs pay per year?

As of Aug 19, 2026, the average yearly pay for vp risk in New Jersey is $159,932.00, according to ZipRecruiter salary data. Most workers in this role earn between $116,800.00 and $192,900.00 per year, depending on experience, location, and employer.

What is a VP Risk?

A VP Risk, or Vice President of Risk, is a senior executive responsible for overseeing an organization's risk management strategies and policies. They identify, assess, and mitigate risks that could impact the company's financial performance, reputation, or operations. VP Risk professionals often lead teams that analyze market, operational, credit, and regulatory risks, and they work closely with other executives to ensure the company's objectives are achieved within acceptable risk parameters.

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

To thrive as a VP of Risk, you need deep expertise in risk management, financial analysis, regulatory compliance, and a strong educational background—often including an advanced degree in finance, economics, or a related field. Familiarity with risk assessment tools, enterprise risk management (ERM) systems, and certifications like FRM or CFA are commonly required. Exceptional leadership, strategic thinking, and communication skills help you influence organizational risk culture and drive cross-functional initiatives. These abilities are critical for proactively identifying, assessing, and mitigating risks to ensure organizational stability and regulatory adherence.

What are some of the key challenges a VP of Risk typically faces when aligning risk management strategies with business objectives?

A VP of Risk often faces the challenge of balancing the organization's risk appetite with its growth goals, ensuring that risk mitigation does not stifle innovation or profitability. They must work closely with executive leadership across departments to integrate risk considerations into strategic planning, while also staying ahead of emerging risks such as regulatory changes or cybersecurity threats. Effective communication and collaboration with both technical and non-technical teams are essential to create a risk-aware culture and to ensure that policies are understood and implemented organization-wide.

What is the difference between Vp Risk vs Risk Manager?

AspectVp RiskRisk Manager
Required CredentialsBachelor's degree, certifications like FRM or CRM often preferredBachelor's degree, certifications like FRM or CRM often preferred
Work EnvironmentStrategic leadership in financial institutions, corporate risk departmentsOperational risk assessment, implementing risk mitigation strategies
Employer & Industry UsageFinancial services, banking, insurance, large corporationsFinancial institutions, corporations, consulting firms

Both roles focus on risk management but Vp Risk typically involves strategic oversight and leadership, while Risk Managers handle day-to-day risk assessment and mitigation. The Vp Risk often supervises teams and influences company-wide policies, whereas Risk Managers implement these policies at operational levels.

What are the most commonly searched types of Risk jobs in New Jersey?

The most popular types of Risk jobs in New Jersey are:

What are popular job titles related to Vp Risk jobs in New Jersey?

For Vp Risk jobs in New Jersey, the most frequently searched job titles are:

What cities in New Jersey are hiring for Vp Risk jobs?

Cities in New Jersey with the most Vp Risk job openings:

Infographic showing various Vp Risk job openings in New Jersey as of August 2026, with employment types broken down into 1% As Needed, 89% Full Time, 8% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $159,932 per year, or $76.9 per hour.

VP, Commercial Credit Risk

Cross River

Fort Lee, NJ • Hybrid

Full-time

Re-posted 14 days ago


Job description

Who We Are

Cross River builds the infrastructure behind the world's most innovative financial products. Our technology and capital solutions power payments, cards, lending, and digital asset capabilities that move money safely, instantly, and inclusively - trusted by leading fintechs, enterprises, and disruptors across the globe.

Our mission is simple: to build the financial infrastructure that expands access and opportunity for all. Guided by a culture of collaboration, curiosity, and purpose, Cross River has been named one of American Banker's Best Places to Work in Fintech year after year. Whether you're designing code, solving regulatory puzzles, or developing strategy, you'll join a team where innovation and integrity drive everything we do - and where your work helps shape the future of finance.

What We're Looking For

The Vice President, Commercial Credit Risk serves as a critical second line of defense within the Credit Risk Management division of a FDIC-regulated community bank headquartered in New Jersey. This role provides independent credit risk oversight across the bank's commercial lending portfolios - including Commercial Real Estate (CRE), Construction, Lender Finance, Commercial & Industrial (C&I), SBA and Health Care - as well as credit exposures arising from the bank's Fintech partnership and Banking-as-a-Service (BaaS) activities. Priority consideration will be given to candidates who have experience in Healthcare related transactions involving skilled nursing and assisted living facilities.

The VP is responsible for ensuring credit quality, sound underwriting standards, and regulatory compliance while supporting the bank's strategic growth in both traditional commercial lending and innovative fintech-enabled programs. This position reports directly to the Chief Credit Risk Officer (CCRO).

Responsibilities:

Second Line Review of Commercial Loan Originations

  • Perform independent second line of defense review of all commercial credit originations
  • Providing risk-based challenge to first-line underwriting assumptions
  • Document independent risk opinions and escalate material credit concerns to the CCRO and/or Credit Committee
  • Conduct financial and risk assessment reviews (payer mix, reimbursement rate sensitivity, regulatory/compliance risk)
  • of Health Care providers (skilled nursing, assisted living, hospitals
  • Review credit exposures associated with Fintech partnership lending programs, ensuring appropriate risk assessment of program-level and individual credit risk characteristics

Risk Rating Scorecard Enhancements

  • Support the design, development, and ongoing enhancement of internal credit risk rating scorecards and methodologies
  • Collaborate with credit risk analytics and data teams to validate scorecard performance, calibrate rating thresholds, and ensure alignment with regulatory expectations (FDIC guidance, Interagency Policy Statements)

Review of Annual Reviews, Rating Upgrades/Downgrades & Impairment Analysis

  • Oversee and independently validate the annual review process for the commercial loan portfolio, ensuring timely completion, appropriate financial analysis, and accurate risk rating assignment
  • Review and approve/challenge proposed rating upgrades and downgrades, ensuring consistency with the bank's rating philosophy and supportable by borrower financial performance and market conditions
  • Conduct or validate impairment analyses (ASC 310/326) for credits exhibiting signs of deterioration

Portfolio Monitoring & Reporting

  • Monitor portfolio-level credit quality indicators across all segments, including delinquency trends, watch list migration, concentration levels, and criticized/classified asset ratios
  • Partner closely with the Allowance/CECL team to support specific reserve (individual assessment) analysis for impaired or deteriorating commercial credits

Policy & Governance

  • Maintain, review and update the Commercial Lending Policy and Procedures

Qualifications:

Education

  • Bachelor's degree - in Finance, Accounting, Economics, or a related field (required)
  • Master's degree (MBA) or professional certification (e.g., CFA, CRC, FRM, RMA-CCRM) (preferred)

Experience

  • Minimum 10 years of progressive experience in commercial credit risk, underwriting, or credit portfolio management within a banking environment, preferably at a community or regional bank
  • At least 5 years in a second line of defense, credit review, or senior credit risk management role
  • Demonstrated experience with CRE, Construction, Lender Finance, C&I, SBA and/or Health Care lending portfolios
  • Understanding of CMS/Medicaid/Medicare reimbursement dynamics and Health Care regulatory and licensure risk factors
  • Experience with FDIC and/or OCC regulated institutions strongly preferred
  • Prior involvement in regulatory examination preparation and response
  • Experience with or exposure to Fintech/BaaS lending programs and third-party risk management is a significant plus

#LI-JJ1 #LI-Hybrid #LI-Onsite

Salary Range: $200,000.00 - $225,000.00