Credit Risk Manager Jobs in New York
Credit Risk Manager jobs in New York are among the most active in the country, concentrated in commercial banking, investment management, and financial services firms headquartered in New York City, with demand at every level from junior analyst to managing director. Most hiring is anchored in Manhattan, with additional clusters in Jersey City and White Plains, where institutions like JPMorgan Chase, Citigroup, and Goldman Sachs maintain large credit risk functions. The most in-demand specialties in New York are counterparty credit risk, commercial lending, and wholesale credit portfolio management. Find a role that fits below and apply directly.
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See related jobsAt 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.
ROLE AND RESPONSIBILITIES
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.
Responsibilities Include But Are Not Limited To
- Underwrites and structures new prospective transactions as well as renewals, extensions, increases, and material modifications and amendments for existing clients.
- Participates in 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.
- 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.
- 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.
BASIC QUALIFICATIONS
Required Skills
- Demonstrates a strong understanding of policies and procedures, underwriting guidelines and RACs.
- Strong knowledge of credit underwriting, financial accounting and loan documentation.
- Strong 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.
Required Experience
- High School diploma or GED.
- Minimum of 5 years of experience in a commercial lending environment in a credit-oriented and underwriting position.
PREFERRED QUALIFICATIONS
Preferred Experience
- Bachelor's degree and completion of a formal credit training program.
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.
ROLE AND RESPONSIBILITIES
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.
Responsibilities Include But Are Not Limited To
- Underwrites and structures new prospective transactions as well as renewals, extensions, increases, and material modifications and amendments for existing clients.
- Participates in 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.
- 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.
- 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.
BASIC QUALIFICATIONS
Required Skills
- Demonstrates a strong understanding of policies and procedures, underwriting guidelines and RACs.
- Strong knowledge of credit underwriting, financial accounting and loan documentation.
- Strong 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.
Required Experience
- High School diploma or GED.
- Minimum of 5 years of experience in a commercial lending environment in a credit-oriented and underwriting position.
PREFERRED QUALIFICATIONS
Preferred Experience
- Bachelor's degree and completion of a formal credit training program.
See All 5 Credit Risk Manager Jobs in New York
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Find Credit Risk Manager JobsCredit Risk Manager Jobs by City in New York
Where New York roles are concentrated, by current openings.
Credit Risk Manager Job Market in New York
A snapshot from current New York openings, updated as new roles post.
Who's Hiring
- Standard Chartered Bank2
- BNP Paribas1
- Crédit Agricole1
- Valley Bank1
Top Industries Hiring
- Banking & Financial Services5
- Investment & Asset Management1
What New York Employers Look For
The qualifications that appear most often in credit risk manager jobs across New York.
- Bachelor's degree in finance, economics, mathematics, or a related quantitative field required
- Professional certification such as FRM or CFA preferred by most New York financial institutions
- Demonstrated experience in credit analysis, loan underwriting, or portfolio risk assessment
- Proficiency in risk modeling tools, SQL, Python, or SAS for quantitative analysis
- Knowledge of regulatory frameworks including Basel III, CCAR, and DFAST requirements
- Strong written communication skills for presenting credit recommendations to senior stakeholders
Credit Risk Manager Jobs in New York: Frequently Asked Questions
How do you become a credit risk manager in New York?
Most credit risk managers in New York start with a bachelor's degree in finance, economics, or a quantitative field, then build experience through credit analyst or underwriting roles at banks or asset managers. New York does not require a state-issued license for this role, but professional credentials such as the Financial Risk Manager designation from the Global Association of Risk Professionals carry significant weight with New York employers. An MBA from a New York-area institution can accelerate the move into senior positions.
How much do credit risk managers make in New York?
Credit risk managers in New York earn a median of about $136,830 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $84,550 for the lowest 10% to over $220,260 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire credit risk managers in New York?
Employers hiring credit risk managers in New York right now include Standard Chartered Bank, BNP Paribas, and Crédit Agricole, based on current listings on Migrate Mate as of June 2026. New York's concentration of global bank headquarters and asset management firms means openings appear consistently across both bulge-bracket institutions and mid-size regional lenders.
Which New York cities have the most credit risk manager jobs?
New York account for the largest share of credit risk manager openings in New York. Manhattan dominates because of the density of global bank headquarters, investment firms, and insurance companies based there, while suburban markets like White Plains reflect regional banking operations and back-office risk functions that have moved out of the city.
Are there remote credit risk manager jobs in New York?
Yes, more than many finance roles, since credit risk management is largely analytical and desk-based. About 40% of credit risk manager openings tied to New York are remote or hybrid as of June 2026, reflecting the shift at large financial institutions toward flexible arrangements post-pandemic. Portfolio monitoring, model validation, and reporting functions tend to be the most remote-friendly parts of the role.
How can I get hired as a credit risk manager in New York with little or no experience?
The most realistic entry path in New York is through a credit analyst or junior underwriter role at a commercial bank or regional lender, where you build the portfolio review and financial modeling skills that credit risk managers use daily. Large New York institutions like JPMorgan Chase and Citigroup run structured analyst programs that accept candidates without prior professional experience. Earning the Financial Risk Manager designation early and gaining exposure to Excel-based credit models significantly strengthens applications for these entry-level positions.
Where can I find and apply to credit risk manager jobs in New York?
You can find and apply to credit risk manager jobs in New York on Migrate Mate, which lists current openings from employers actively hiring in the state. Search the available roles, review the ones that match your background and preferred location, and apply directly to the positions that fit.
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