Credit Risk Officer jobs in Connecticut

Credit Risk Officer provides analysis and evaluation in order to reduce credit risk for a financial institution. Extracts data from a variety of sources and uses data to build simple to moderately complex financial models that predict risk exposure. Being a Credit Risk Officer prepares performance reports for management. Requires a bachelor's degree. Additionally, Credit Risk Officer typically reports to a supervisor or manager. The Credit Risk Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Credit Risk Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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AVP, Credit Risk Review
  • OneTen
  • Stamford, CT FULL_TIME
  • Job Description:

    Role Summary/Purpose:

    Responsible for providing timely and effective insights to new and renewing Synchrony programs across various Synchrony business platforms. Validate key financial assumptions used by the Credit and Finance teams to determine ROI and ROA targets and review sensitivity cases for impact of assumption variation; Monitor 1st line Pipeline report of Renewals and New Opportunities to ensure timely Credit Risk Review insertion point in order to complete the Concurrent Risk Review Process.  Develop and maintain Credit Risk Review library of live deal challenge documentation. 

    Essential Responsibilities: 

    • Support Credit Review Leader(s) in performing independent assessments of credit reviews and soundness of proposals and binding investment review requests. 

    • Review new credit requests and renewals for validation of reasonable/appropriate Account and Sales Growth forecast, Loss Reserves, Expenses and Revenue Share Agreements, as well as the impacts of variations to the projected ROI/ROA. 

    • Ensure Internal stress test parameters are appropriately applied. 

    • Evaluate loss rate assumptions, partner health (SR/Credit ratings), risks and mitigants provided by the First Line Credit team. 

    • Assess reasonableness of forecasted account-holder, net credit sales and loss rates relative to appropriate benchmarks and/or historical performance. 

    • Review transactions for compliance with Risk Appetite Statement.

    • Review legal contracts to better understand the details of deal terms represented with in the investment review document.

    • Manage stakeholder relationship with Credit, Finance, Legal and Compliance teams. 

    • Perform periodic testing of ROI and ROA actual vs projected and report on variances. 

    • Participate in platform IRSC Working Group discussions for oversight of all deal activity. 

    • Participate in ad-hoc and special projects as applicable. 

    Qualifications/Requirements: 

    • Bachelor’s degree and 4 years of work experience in a Credit, FP&A, Capital Planning or Finance analytics role, or BLP program graduate with 2 years of work experience in Credit, Risk or Finance. 

    • In lieu of a degree, 7 years of experience in Finance or Accounting in Financial Services with 2 years’ experience in Commercial and/or Consumer lending. 

    • Exceptional MS Office skills (Excel, PowerPoint, Word) 

    • Experience with pricing models (FP&A) 

    Desired Characteristics:

    • Bachelor’s degree in finance or accounting 

    • Financial Services Industry experience 

    • Knowledge of stress testing policies and procedures 

    • Demonstrated experience analyzing risk/business data with the ability to distill large amounts of information down to the critical areas of focus. 

    • Strong communication skills with ability to prepare clear communication and confidently present meaningful analysis to senior and executive management. 

    • Familiarity with current Synchrony Financial operating systems. 

    • Experience with FRBNY and/or OCC regulatory reporting requirements. 

    • Must be able to work to tight deadlines with multiple priorities. 

    Grade Level 10:

                                                                                   

    The salary range for this position is 75,000.00 - 130,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.

    Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.

                        

    Salaries are adjusted according to market in CA, NY Metro and Seattle.

    Eligibility Requirements:

    • You must be 18 years or older

    • You must have a high school diploma or equivalent

    • You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process

    • You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.

    • New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles.  Once this new hire time in position requirement is met, the associate will have a minimum 6 months’ time in position before they can post for future non-exempt roles.  Employees, level 8 or greater, must have at least 18 months’ time in position before they can post.  All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don’t meet the time in position or performance expectations).

    Legal authorization to work in the U.S. is required.  We will not sponsor individuals for employment visas, now or in the future, for this job opening. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. 

    Our Commitment:

    When you join us, you’ll be part of a diverse, inclusive culture where your skills, experience, and voice are not only heard—but valued. We celebrate the differences in all of us and believe that our individual, unique perspectives is what makes Synchrony truly a great place to work. Together, we’re building a future where we can all belong, connect and turn ideals into action. Through the power of our 8 Diversity Networks , with more than 60% of our workforce engaged, you’ll find community to connect with an opportunity to go beyond your passions.

    This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status.

    Reasonable Accommodation Notice:

    • Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.

    • If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627.   Representatives are available from 8am – 5pm Monday to Friday, Central Standard Time

    Job Family Group:

    Risk Management

  • 6 Days Ago

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Director credit risk
  • Webster Bank
  • Southington, CT FULL_TIME
  • If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first doing whatever we can to help individuals, families, businesse...
  • 7 Days Ago

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Unarmed Security Officer
  • Brosnan Risk Consultants
  • Stamford, CT OTHER
  • Company Overview/Benefits Unarmed Security Officer Hiring Immediately Weekly Pay Medical, Dental, and Vision plans 401K with company match up to 4% Pay Rate: $20/hr Hours: 11pm-7am Full Time Company O...
  • 2 Days Ago

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Unarmed Security Officer
  • Brosnan Risk Consultants
  • Waterbury, CT FULL_TIME
  • Company Overview/Benefits Unarmed Security Officer Hiring Immediately Pay Rate: $19.50/hr Medical, Dental, and Vision plans 401K with company match up to 4% Company Overview/Benefits: Brosnan Risk Con...
  • 4 Days Ago

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Sr Anlst, Credit Risk Reporting
  • Webster Bank
  • Southington, CT FULL_TIME
  • If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, business...
  • 9 Days Ago

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Audit Manager - Counterparty Credit Risk
  • Simplelogix
  • East Hartford, CT FULL_TIME
  • Job description: This job is responsible for overseeing assigned areas of audit work acting as an Auditor-in-Charge (AIC), and executing on the audit strategy for Lines of Business (LOBs). Key respons...
  • 11 Days Ago

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Credit Risk Officer - Hedge Funds
  • Emergent365 Inc
  • New York, NY
  • Credit Risk Officer – Hedge Funds and Private Equity Funds – X2 Investment Bank Midtown, hybrid 2 days / week onsite 150...
  • 6/10/2024 12:00:00 AM

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Credit Risk Officer
  • Natixis Corporate & Investment Banking
  • New York, NY
  • Job Description Natixis currently hiring a Credit Risk Officer (Vice President) who will primarily focus on Corporate an...
  • 6/10/2024 12:00:00 AM

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Credit Risk/ Examiner
  • Shimento, Inc.
  • Credit Risk / Financial Examiner US Citizenship Required Remote OK Experience with Credit Risk, review and assessment Re...
  • 6/10/2024 12:00:00 AM

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SVP, Corporate Credit Underwriter - Agribusiness
  • Korn Ferry
  • New York, NY
  • Job Title: Senior Vice President, Agribusiness-focus Corporate Credit Underwriter. Location: New York, NY Overview: Our ...
  • 6/9/2024 12:00:00 AM

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Credit Risk Officer - Aviation & Infra
  • Natixis Corporate & Investment Banking
  • New York, NY
  • Natixis currently hiring a Credit Risk Officer (Vice President) who will primarily focus on Corporate and Structured Fin...
  • 6/8/2024 12:00:00 AM

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Risk Management - Counterparty Risk Vice President
  • JPMorgan Chase
  • New York, NY
  • As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You hel...
  • 6/8/2024 12:00:00 AM

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Vice President - Credit Risk Officer (Hedge Funds and Private Equity Funds)
  • Barclays
  • New York, NY
  • Vice President - Credit Risk Officer (Hedge Funds and Private Equity Funds) New York, NY As a Barclays Vice President - ...
  • 6/7/2024 12:00:00 AM

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Credit Risk Specialists
  • Compunnel Inc.
  • San Francisco, CA
  • Reviews all pertinent credit and financial information, including business and personal financial statements, spreadshee...
  • 6/7/2024 12:00:00 AM

Connecticut is bordered on the south by Long Island Sound, on the west by New York, on the north by Massachusetts, and on the east by Rhode Island. The state capital and fourth largest city is Hartford, and other major cities and towns (by population) include Bridgeport, New Haven, Stamford, Waterbury, Norwalk, Danbury, New Britain, Greenwich, and Bristol. Connecticut is slightly larger than the country of Montenegro. There are 169 incorporated towns in Connecticut.The highest peak in Connecticut is Bear Mountain in Salisbury in the northwest corner of the state. The highest point is just east...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Credit Risk Officer jobs
$68,904 to $93,528

Credit Risk Officer in Topeka, KS
RISK The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.
December 06, 2019
Taking part of the Risk strategy in local and group scale.
December 12, 2019
Credit Risk Officer in Memphis, TN
Currently, we have an opening for Chief Risk Officer in a Fintech Firm (Backed by one of the largest business houses in India).
December 24, 2019
Credit Risk Officer in Greenville, SC
7+ years of risk reporting experience, risk analytics experience, or a combination of both.
January 07, 2020