VP, Credit Risk

Company: Financial Services/Technology - FinTech

Role: Vice President, Credit Risk

Salary: $200,000 - $220,000 + bonus

Location: Bergen County, New Jersey (Hybrid - 4 days in office)

About the Role

Our client is seeking a Vice President, Credit Risk (Commercial) to support risk management activities and provide independent oversight of lending and credit-related exposures across the organization. This role will work closely with senior leadership and business partners to help ensure sound risk practices, consistent underwriting standards, and effective portfolio monitoring.

The ideal candidate will bring a strong background in credit analysis, risk assessment, and portfolio oversight, along with the ability to provide objective challenge, support governance processes, and contribute to a disciplined risk culture.

Responsibilities

• Conduct independent reviews of credit transactions and lending activities
• Evaluate risk factors, financial performance, and overall creditworthiness of borrowers and counterparties
• Provide balanced challenge and recommendations on credit decisions when appropriate
• Identify emerging risks and elevate significant concerns to senior management
• Monitor portfolio performance and key risk indicators to identify trends and potential areas of concern
• Review changes in risk profiles and evaluate the adequacy of risk ratings and classifications
• Support ongoing assessment of portfolio quality and concentration risks
• Contribute to portfolio reporting and management review processes
• Help maintain strong risk management frameworks, policies, and procedures
• Support the development and enhancement of credit risk methodologies and assessment tools
• Ensure risk practices are aligned with internal standards and applicable regulatory expectations
• Participate in governance committees and review forums as needed
• Prepare and present risk analysis, findings, and recommendations to management
• Assist with periodic reviews, portfolio assessments, and reporting activities
• Monitor market, industry, and economic trends that may impact credit risk exposure
• Support the development of meaningful risk metrics and performance indicators
• Partner with business, finance, operations, and risk stakeholders to support informed decision-making
• Provide guidance on credit risk considerations related to new initiatives and business opportunities
• Contribute to projects focused on strengthening risk management capabilities and processes
• Support internal and external review activities as required

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business, or a related field
• Significant experience in credit risk, underwriting, portfolio management, banking, lending, or related financial services roles
• Experience reviewing complex credit transactions and assessing risk exposure
• Familiarity with risk governance, credit policy, and portfolio monitoring practices
• Prior experience interacting with senior stakeholders and risk committees preferred
• Strong financial analysis and credit assessment skills
• Knowledge of lending practices, portfolio management, and risk management principles
• Ability to evaluate complex information and make sound recommendations
• Ability to balance risk awareness with business objectives
• Experience working in regulated financial services environments
• Exposure to a variety of lending portfolios, industries, or asset classes
• Familiarity with risk reporting tools, portfolio analytics, or credit monitoring systems
• Experience supporting policy development, governance initiatives, or process improvements

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact View email address on click.appcast.io.

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

Representation Notice

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

For residents of Ontario, Canada: Based on Highspring's discussions with its Client, Highspring's understanding is that this position for employment is a current vacancy (either through Highspring as a contractor or with the client directly).

Privacy Notice

Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
• Virginia residents may access our state specific policies here.
• Residents of all other states may access our policies here.
• Canadian residents may access our policies in English here and in French here.
• Residents of countries governed by GDPR may access our policies here.

Additionally, submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. More details about Vaco by Highspring's use of AI can be found here ( Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco by Highspring does not know and cannot opine on if its client's use of AI products in hiring.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

• the individual's skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.