CREDIT RISK MANAGER jobs in Lowell, MA

CREDIT RISK MANAGER develops and implements policies and procedures that reduce credit risk for a financial institution. Manages the building of financial models that predict credit risk exposure to the organization. Being a CREDIT RISK MANAGER oversees the preparation of performance reports for management. May require a master's degree. Additionally, CREDIT RISK MANAGER typically reports to a head of a unit/department. The CREDIT RISK MANAGER manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a CREDIT RISK MANAGER typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)

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Risk Manager
  • Workers Credit Union
  • Littleton, MA FULL_TIME
  • Career Opportunity: Risk Manager

    Location: Littleton, MA

    Compensation: The salary range for this role is between $110k - $120k per year. Actual compensation will be determined based on experience, location, and other factors permitted by law.

    Position Summary: As our Risk Manager you will assist the Deputy Chief Risk Officer (DCRO) with managing the Credit Union's Internal Audit Program, Enterprise Risk Management Program, Self-Identified Issues and Testing Programs.

    General Responsibilities:

    • Internal Audit Program: Assists the DCRO with managing the outsourced Internal Audit function. This includes assisting with audits, developing the annual internal audit risk assessment, and maintaining the follow-up tracker.
    • Committee Involvement: You will attend the Supervisory Committee and the Enterprise Risk Management Committee meetings and help develop the packet and transcribe the meeting minutes.
    • Regulatory Complaints: You will assists the VP/Senior Compliance Officer with managing the regulatory complaints. This includes researching regulatory guidance, responding to regulatory agencies, and tracking all complaints
    • Enterprise Risk Management ("ERM"): You will assists the DCRO with managing the Enterprise Risk Management ("ERM") function of the Credit Union. This includes training the business units with the ERM Governance Risk and Compliance ("GRC") software, leading the risk and control self-assessments, analyzing risks and financial implications, and working with the business units to ensure that the level of risk remains within acceptable tolerance limits.
    • Self-identified issues tracker: You will assist the DCRO with managing the self-identified issues tracker. You will populate the tracker, partner with the business unit to ensure proper controls are in place to mitigate future issues, follow the remediation process through to completion, and perform reporting and analytics as requested.
    • Self-Testing Program: You will assist the DCRO with managing and modifying the Credit Union's self-testing program as dictated by regulatory changes.

    What you will need to be successful:

    • Associate degree preferred, high school diploma or equivalent is required.
    • Minimum five to seven years experience in a financial institution working within the Risk Management Department as a lead, such as Senior and/or Manager or equivalent title.
    • Designations such as NCRM, NCCO, CIA, etc are preferred, but not required.
    • Excellent analytical, quantitative, and data-gathering skills are required
    • Ability to read, analyze, and interpret laws, regulations, and procedure manuals.
    • Excellent interpersonal skills along with strong oral and written communication skills
    • Computer literate with working knowledge of Microsoft Word, Microsoft Excel, and Adobe required.

    About Workers Credit Union: Since 1914, Workers Credit Union has existed to Improve the Daily Lives of our Members. We deliver on our core purpose by partnering with our members to help them make their best financial choices and improve their financial wellness. We call this The Workers Way and this is at the center of everything we do. Through our specialized financial counseling, we are pioneering a new member experience through high-touch service and convenient technology. We have grown to over 2.6 Billion in assets and serve over 120,000 members. We are one of the top performing credit unions in Massachusetts with big plans for the future!

    All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.




    Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

     

  • 25 Days Ago

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Credit and Collections Manager
  • ConRes
  • Bedford, MA FULL_TIME
  • From test equipment to IT products, professional services and OEM/embedded computing, Continental Resources, Inc. (ConRes) provides high technology solutions and support to business, government and ac...
  • 18 Days Ago

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Credit and Collections Manager
  • Continental Resources
  • Bedford, MA FULL_TIME
  • From test equipment to IT products, professional services and OEM/embedded computing, Continental Resources, Inc. (ConRes) provides high technology solutions and support to business, government and ac...
  • 22 Days Ago

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Credit Analyst
  • JEANNE DARC CREDIT UNION
  • Lowell, MA OTHER
  • Job Details Job Location: Merrimack Street - Lowell, MA Salary Range: $23.34 - $35.02 Hourly DescriptionJeanne DArc Credit Union offers competitive wages, excellent benefits, a pleasant working enviro...
  • 19 Days Ago

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Assistant Branch Manager
  • Jeanne Darc Credit Union
  • Lowell, MA FULL_TIME
  • Jeanne D’Arc Credit Union offers competitive wages, excellent benefits, a pleasant working environment, and the opportunity for career growth and advancement. We count on our valued workforce to be pr...
  • 10 Days Ago

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Marketing Manager- Hybrid
  • Align Credit Union
  • Lowell, MA FULL_TIME
  • Role: To improve the Credit Union's competitive position, consistent with its mission, within the markets served. Develop objectives, policies and programs for marketing activities of the Credit Union...
  • 20 Days Ago

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0 CREDIT RISK MANAGER jobs found in Lowell, MA area

Lowell is a city in the U.S. Commonwealth of Massachusetts. Located in Middlesex County, Lowell (along with Cambridge) was a county seat until Massachusetts disbanded county government in 1999. With an estimated population of 109,945 in 2014, it is the fourth-largest city in Massachusetts, and the second-largest in the Boston metropolitan statistical area. The city is also part of a smaller Massachusetts statistical area called Greater Lowell, as well as New England's Merrimack Valley region. Incorporated in 1826 to serve as a mill town, Lowell was named after Francis Cabot Lowell, a local fi...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for CREDIT RISK MANAGER jobs
$127,820 to $188,299
Lowell, Massachusetts area prices
were up 1.6% from a year ago

CREDIT RISK MANAGER in Portland, OR
In the past, managing the credit portfolio was considered good credit risk management.
February 14, 2020
CREDIT RISK MANAGER in Youngstown, OH
They wanted to know that a bank has thorough knowledge of customers and their associated credit risk.
February 09, 2020
CREDIT RISK MANAGER in La Crosse, WI
This position determines the risk of default to the lender, not with a simple yes or no but with an analysis that may lead to a more detailed report.
January 02, 2020