Credit Risk Manager Jobs in New Jersey
Credit Risk Manager jobs in New Jersey are among the most active in the country, concentrated in banking, financial services, insurance, and corporate treasury functions at every level from analyst-to-manager through senior vice president. The heaviest hiring clusters around Newark, Jersey City, and Princeton, where institutions like Prudential Financial, Goldman Sachs, and JPMorgan Chase maintain significant operations. Portfolio risk modeling, regulatory capital management, and commercial credit underwriting are the most in-demand specializations across the state. Find a role that fits below and apply directly.
Find Credit Risk Manager JobsOverview
Showing 5 of 5+ Credit Risk Manager jobs
Looking for more credit risk manager jobs?
Explore related role searches to find more openings that fit.
See related jobs- Responsible for monitoring on a timely basis the ongoing financial health of an assigned loan portfolio while maintaining the ongoing communication and dialogue with clients in conjunction with the business team for all credit related reporting and business updates.
- Underwrites and structures new prospective transactions as well as renewals, extensions, increases, and material modifications and amendments for existing clients.
- Leads external client meetings as well as internal deal team discussions and approval discussions with senior management. Identifies, outlines, and mitigates risks associated with potential lending opportunities, advises on all matters related to the Bank's Credit Policy and related procedures, and provides guidance on loan structures and risk appetite.
- Reviews credit packages completed by junior team members and provides general guidance and mentorship.
- Performs the required due diligence and analysis, produces the credit presentation in accordance with guidelines and policy while ensuring timely completion of the underwriting, presents credit requests to the required level of credit authority, and oversees the legal documentation and closing process.
- Approves transactions under individual lending authority, when applicable.
- Maintains oversight via internal reporting and dashboards of all ongoing portfolio monitoring requirements and client deliverables as well as compliance with all terms of the loan agreement including (i) financial reporting, (ii) covenant compliance, (iii) collateral monitoring, (iv) required third party reports, (v) annual reviews, and (vi) maturing loans and lines of credit. In coordination with the business team, maintains direct contact with clients as needed for account monitoring and administration and site visits.
- Validates and analyzes reports such as financial statements, borrowing base certificates, collateral field examinations, appraisals, engineering reports, etc. to verify compliance. Escalates issues to appropriate levels and develops action plans as necessary.
- Ensures credits are accurately risk rated and are properly monitored and reported.
- Prepares all required quarterly reports and analysis including Criticized Loan Monitoring Reports as well as other portfolio management reports as required.
- Participates in special projects and requests related to the management of the portfolio.
- Demonstrates a strong understanding of policies and procedures, underwriting guidelines and RACs.
- Advanced knowledge of credit underwriting, financial accounting and loan documentation.
- Advanced knowledge of how a deal should be structured and comfortability with conversing this structure to lenders.
- Strong computer skills using Microsoft Word, Excel and Outlook.
- Strong level of interpersonal and social skills needed to interact with loan officers, administrative staff and customers.
- Ability to manage time efficiently.
- Strong mathematical skills.
- Strong credit skills.
- Strong administrative skills.
- Ability to write reports and business correspondence.
- Ability to effectively present information and respond to questions.
- High School diploma or GED
- Minimum of 7 years of experience in a commercial lending environment in a credit-oriented and underwriting position.
- Bachelor's degree in a related field and completion of a formal credit training program.
Additional Details : At Valley Bank, we believe in people's growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we've been the Bank that clients from every industry turn to for our expertise, strategies, and advice-building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth-with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices in communities across the US. At Valley, we're all driven by an ambition that goes deeper than just having a job. That's why when you work for us, we make it our goal to help you focus on what drives you-working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we're a relationship bank built for growth, that's not just reserved for our clients-that includes all our associates as well. The Sr Credit Risk Manager is responsible for all underwriting activities related to new and existing credit transactions with moderate to higher complexity including client diligence, structuring, and the required analysis and preparation of the underwriting package.
Pay Transparency In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.
- Responsible for monitoring on a timely basis the ongoing financial health of an assigned loan portfolio while maintaining the ongoing communication and dialogue with clients in conjunction with the business team for all credit related reporting and business updates.
- Underwrites and structures new prospective transactions as well as renewals, extensions, increases, and material modifications and amendments for existing clients.
- Leads external client meetings as well as internal deal team discussions and approval discussions with senior management. Identifies, outlines, and mitigates risks associated with potential lending opportunities, advises on all matters related to the Bank's Credit Policy and related procedures, and provides guidance on loan structures and risk appetite.
- Reviews credit packages completed by junior team members and provides general guidance and mentorship.
- Performs the required due diligence and analysis, produces the credit presentation in accordance with guidelines and policy while ensuring timely completion of the underwriting, presents credit requests to the required level of credit authority, and oversees the legal documentation and closing process.
- Approves transactions under individual lending authority, when applicable.
- Maintains oversight via internal reporting and dashboards of all ongoing portfolio monitoring requirements and client deliverables as well as compliance with all terms of the loan agreement including (i) financial reporting, (ii) covenant compliance, (iii) collateral monitoring, (iv) required third party reports, (v) annual reviews, and (vi) maturing loans and lines of credit. In coordination with the business team, maintains direct contact with clients as needed for account monitoring and administration and site visits.
- Validates and analyzes reports such as financial statements, borrowing base certificates, collateral field examinations, appraisals, engineering reports, etc. to verify compliance. Escalates issues to appropriate levels and develops action plans as necessary.
- Ensures credits are accurately risk rated and are properly monitored and reported.
- Prepares all required quarterly reports and analysis including Criticized Loan Monitoring Reports as well as other portfolio management reports as required.
- Participates in special projects and requests related to the management of the portfolio.
- Demonstrates a strong understanding of policies and procedures, underwriting guidelines and RACs.
- Advanced knowledge of credit underwriting, financial accounting and loan documentation.
- Advanced knowledge of how a deal should be structured and comfortability with conversing this structure to lenders.
- Strong computer skills using Microsoft Word, Excel and Outlook.
- Strong level of interpersonal and social skills needed to interact with loan officers, administrative staff and customers.
- Ability to manage time efficiently.
- Strong mathematical skills.
- Strong credit skills.
- Strong administrative skills.
- Ability to write reports and business correspondence.
- Ability to effectively present information and respond to questions.
- High School diploma or GED
- Minimum of 7 years of experience in a commercial lending environment in a credit-oriented and underwriting position.
- Bachelor's degree in a related field and completion of a formal credit training program.
Additional Details : At Valley Bank, we believe in people's growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we've been the Bank that clients from every industry turn to for our expertise, strategies, and advice-building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth-with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices in communities across the US. At Valley, we're all driven by an ambition that goes deeper than just having a job. That's why when you work for us, we make it our goal to help you focus on what drives you-working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we're a relationship bank built for growth, that's not just reserved for our clients-that includes all our associates as well. The Sr Credit Risk Manager is responsible for all underwriting activities related to new and existing credit transactions with moderate to higher complexity including client diligence, structuring, and the required analysis and preparation of the underwriting package.
Pay Transparency In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.
See All 5 Credit Risk Manager Jobs in New Jersey
Find roles in New Jersey that match your experience and apply in just a few clicks.
Find Credit Risk Manager JobsCredit Risk Manager Jobs by City in New Jersey
Where New Jersey roles are concentrated, by current openings.
Credit Risk Manager Job Market in New Jersey
A snapshot from current New Jersey openings, updated as new roles post.
Who's Hiring
Top Industries Hiring
- Banking & Financial Services
- Fintech
- Investment & Asset Management
What New Jersey Employers Look For
The qualifications that appear most often in credit risk manager jobs across New Jersey.
- Bachelor's degree in finance, economics, accounting, or a quantitative field required
- FRM or CFA designation strongly preferred by New Jersey financial services employers
- Three or more years of credit analysis, underwriting, or risk modeling experience
- Proficiency in SAS, Python, or SQL for credit portfolio analysis and stress testing
- Familiarity with Basel III, CECL, and federal banking regulatory frameworks
- Experience with commercial, corporate, or consumer loan portfolio risk assessment
Credit Risk Manager Jobs in New Jersey: Frequently Asked Questions
How do you become a credit risk manager in New Jersey?
A bachelor's degree in finance, economics, or a quantitative field is the standard entry point, and many New Jersey employers prefer candidates who also hold an FRM from the Global Association of Risk Professionals or a CFA designation. There is no state-issued license specific to credit risk management in New Jersey. Most professionals build toward the role through credit analyst or underwriting positions at banks, insurers, or asset managers headquartered in the Newark and Jersey City corridor.
How much do credit risk managers make in New Jersey?
Credit risk managers in New Jersey earn a median of about $129,220 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $81,230 for the lowest 10% to over $199,030 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire credit risk managers in New Jersey?
Employers hiring credit risk managers in New Jersey right now include Valley Bank, JPMorganChase, and Everest Re, based on current listings on Migrate Mate as of November 2026. New Jersey's concentration of major banks, insurance carriers, and diversified financial holding companies means openings appear consistently throughout the year rather than in seasonal waves.
Which New Jersey cities have the most credit risk manager jobs?
Morristown, Warren, and Rutherford are the New Jersey cities with the most credit risk manager openings. Jersey City and Newark lead because of the density of major bank operations, insurance headquarters, and asset management firms based there, while Princeton attracts openings tied to corporate treasury and quantitative risk functions at pharmaceutical and technology companies with regional campuses in central New Jersey.
Are there remote credit risk manager jobs in New Jersey?
Yes, and more than many finance roles, because credit risk work is primarily analytical and model-driven rather than client-facing or branch-based. About 0% of credit risk manager openings tied to New Jersey are remote or hybrid as of November 2026. Portfolio monitoring, model validation, and regulatory reporting functions tend to be the most consistently offered in flexible or fully remote arrangements.
How can I get hired as a credit risk manager in New Jersey with little or no experience?
The most realistic entry path is a credit analyst or risk analyst role at a New Jersey-based bank or insurance company, which provides the underwriting and portfolio exposure that hiring managers look for. Large institutions with operations in Newark and Jersey City regularly bring in recent graduates through structured rotational programs in risk and finance. Earning the FRM Part I or pursuing the CFA program while working in an adjacent role such as financial analyst, loan officer, or internal auditor meaningfully improves candidacy.
Where can I find and apply to credit risk manager jobs in New Jersey?
You can find and apply to credit risk manager jobs in New Jersey on Migrate Mate, which lists current openings across the state updated regularly. Search the listings, find roles that match your experience and target location, and apply directly to the ones that fit.
See All 5 Credit Risk Manager Jobs in New Jersey
Find roles in New Jersey that match your experience and apply in just a few clicks.
Find Credit Risk Manager Jobs