Credit Risk Officer jobs in New Jersey

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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CREDIT & RISK SPECIALIST
  • GROUPE SEB Careers
  • Parsippany, NJ FULL_TIME
  • What we will achieve together:

    The Credit and Risk Specialist will be responsible for maintaining a healthy credit portfolio and managing financial risk effectively. This individual will manage the credit risk of our company's customers to ensure a secure and profitable credit policy, as well as management of other insured products.

     

    • Evaluate the creditworthiness of new and existing customers by analyzing financial statements, credit reports, and payment histories.
    • Define risk levels, manage them daily and anticipate risks to advise proactively prior to customers being put on hold.
    • Release systemic hold based on throughout analysis, investigation of risk, and credit guidelines.
    • Validate the opening of new client’s accounts, establish credit limits and terms for customers based on risk assessment, financial analysis and credit policy.
    • Monitor and review customer accounts to identify potential credit risks and delinquencies.
    • Develop and implement strategies to mitigate credit risks and minimize bad debt losses.
    • Collaborate with sales and finance teams to address credit-related issues and find solutions that align with business goals.
    • Conduct regular credit reviews and propose adjustments to credit terms when necessary.
    • Investigate and resolve customer disputes and payment discrepancies in a timely manner.
    • Stay up to date on industry trends, regulations, and best practices related to credit and risk management.
    • Prepare reports and presentations on credit and risk performance for management review.
    • Assist in the development of credit policies and procedures to improve overall credit management effectiveness.
    • Maintain and update all tax-exempt certificates from customers to limit exposure.
    • Analyze and assist in the resolution of litigious cases including in direct negotiation with the client.
    • Stay on watch for regulatory developments and market trends.
    • Perform analysis, reporting, and management of other insured products such as liability insurance, etc.
    • Other AD-hoc tasks as requested by Manager.

     

    Bring your competencies:

    • Bachelor's degree in finance, Accounting, Business Administration, or a related field. 
    • Minimum of 2 years of experience in finance, credit management, or a similar role, with a strong understanding of credit insurance relationships, contracts and dealing with insurance brokers. 
    • Proven experience in credit analysis, risk management, or financial analysis, preferably in a consumer goods environment.
    • Knowledge of credit assessment techniques, financial statements analysis, and risk evaluation.
    • Excellent analytical skills with the ability to interpret complex financial data.
    • Effective communication and interpersonal skills to work collaboratively with cross-functional teams.
    • Detail-oriented with a strong focus on accuracy and problem-solving.
    • Proficiency in Microsoft Excel and other financial software applications.
    • Solid understanding of US bankruptcy laws.
    • SAP experience a plus.

    You will receive a competitive salary that recognizes your expertise and contribution to the team. In addition, we offer a comprehensive benefits package that includes:

    • Medical, dental, and vision insurance
    • 401(k) retirement plan with company match
    • Paid time off and holidays
    • Flexible work arrangements
    • Continuing education opportunities
    • Employee discounts on company products/services
    • Wellness incentives
    • Casual dress code
    • Positive work culture that values work-life balance

    #LI-BA1

     

    Groupe SEB is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability. For more information, please see OFCCP Equal Employment Opportunity Posters
     
    •  If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact HRUSA@groupeseb.com
    • Groupe SEB invites any applicant and/or employee to review the Company’s written Affirmative Action Plan.  This plan is available for inspection upon request by contacting HRUSA@groupeseb.com

     

      Additional Information
    • Just Posted

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    Credit Risk Associate
    • DTCC Candidate Experience Site
    • Jersey, NJ FULL_TIME
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    • 1 Month Ago

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    Credit Risk Analyst
    • Snaprecruit.com
    • Mount Laurel, NJ FULL_TIME
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    • 25 Days Ago

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    Risk Management - Credit Risk Underwriting - Vice President
    • JPMC Candidate Experience page
    • Saddle Brook, NJ FULL_TIME
    • s part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emergin...
    • 1 Month Ago

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    Risk Management - Credit Risk Underwriting - Vice President
    • JPMorgan Chase
    • Saddle Brook, NJ FULL_TIME
    • s part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emergin...
    • 1 Month Ago

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    Flex Security Officer
    • Brosnan Risk Consultants
    • Hills, NJ OTHER
    • Company Overview/Benefits Unarmed Flex Security Officer Hiring Immediately Weekly Pay $ 18.00 Medical, Dental, and Vision plans 401K with company match up to 4% Location: 1200 Morris tpke Short Hills,...
    • 11 Days Ago

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    Credit Risk Officer - VP level - Prime Brokerage
    • Emergent365 Inc
    • New York, NY
    • Credit Risk Officer – Prime Brokerage Investment Bank Midtown, hybrid 2 days / week onsite 150-185K base + bonus Job Sum...
    • 4/18/2024 12:00:00 AM

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    Credit Risk Officer (Single Family)
    • Assistant Secretary for Housing-Federal Housing Commissioner
    • Washington, DC
    • Summary This position is located in the Department of Housing and Urban Development, Asst Secretary for Housing-Federal ...
    • 4/18/2024 12:00:00 AM

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    Lead Credit Risk Officer - Wholesale Credit, Corporate Risk
    • Wells Fargo & Company
    • Tempe, AZ
    • Advise senior leadership to develop and implement strategies, programs and policies with a direct and significant impact...
    • 4/18/2024 12:00:00 AM

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    Senior Credit Risk Review Officer/Credit Risk Review Consultant
    • Bank of Hawaii
    • Honolulu, HI
    • Job Description Under the direction of the Director of Credit Review, this position is responsible for executing the ind...
    • 4/18/2024 12:00:00 AM

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    Latin America Credit Risk Officer - Vice President
    • Deutsche Bank
    • New York, NY
    • Job Description: Job Title Latin America Credit Risk Officer Corporate Title Vice President Location New York, NY Overvi...
    • 4/17/2024 12:00:00 AM

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    Credit Risk Officer
    • WesBanco Bank, Inc.
    • Wheeling, WV
    • Location This position is 100% remote within the Bank's footprint. Employee will work full time remote outside of a WesB...
    • 4/16/2024 12:00:00 AM

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    Real Money Fund Credit Risk Officer - Assistant Vice President
    • Deutsche Bank
    • Jacksonville, FL
    • Job Title Real Money Fund Credit Risk Officer Corporate Title Assistant Vice President Location Jacksonville, FL Overvie...
    • 4/16/2024 12:00:00 AM

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    Real Money Fund Credit Risk Officer - Assistant Vice President
    • Deutsche Bank
    • Jacksonville, FL
    • Job Title Real Money Fund Credit Risk Officer Corporate Title Assistant Vice President Location Jacksonville, FL Overvie...
    • 4/14/2024 12:00:00 AM

    New Jersey is bordered on the north and northeast by New York (parts of which are across the Hudson River, Upper New York Bay, the Kill Van Kull, Newark Bay, and the Arthur Kill); on the east by the Atlantic Ocean; on the southwest by Delaware across Delaware Bay; and on the west by Pennsylvania across the Delaware River. New Jersey is often broadly divided into three geographic regions: North Jersey, Central Jersey, and South Jersey. Some New Jersey residents do not consider Central Jersey a region in its own right, but others believe it is a separate geographic and cultural area from the Nor...
    Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
    Income Estimation for Credit Risk Officer jobs
    $70,004 to $95,018

    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