Credit Risk Manager

ACCA Careers; Dublin; On-site; EUR 90,000 - 130,000; Full time

Job summary

BNY in Dublin is seeking a highly analytical Credit Risk Manager to join our European Credit Risk team. You will provide independent risk oversight, challenge, and governance across exposures and ensure decisions are well supported by rigorous analysis.

You will evaluate borrower and portfolio risk, monitor trends, and liaise with business teams to document conclusions and escalate issues promptly. A minimum five years in credit risk and a degree in finance or related field are required.

Qualifications

• Bachelor's degree in finance or related field; advanced degree or certification preferred.
• Minimum of five years in credit risk management or related areas.
• Strong understanding of credit risk fundamentals and portfolio monitoring.
• Knowledge of risk appetite, governance, and regulatory expectations.
• Ability to analyze complex credit information and communicate clearly to senior stakeholders.
• Excellent written and verbal communication, with strong organizational skills.

Responsibilities

• Provide independent review, challenge, and approval recommendations for credit proposals and reviews.
• Assess borrower, counterparty, portfolio, and concentration risks to ensure alignment with risk appetite.
• Partner with business teams to evaluate requests and ensure documentation is complete.
• Monitor portfolios for emerging risks, trends, and breaches; escalate as needed.
• Support governance activities, including reporting, committee materials, and regulatory inquiries.
• Contribute to policy and control enhancements to strengthen risk management practices.
• Utilize data, analytics, and technology to improve risk identification and reporting.
• Build relationships across Credit Risk, Finance, Legal, Operations, and Technology.
• Ensure compliance with ECB, Central Bank of Ireland, EBA, and PRA guidance where applicable.

Skills

Analytical skills

Problem solving

Written communication

Stakeholder management

Attention to detail

Education

Bachelor’s degree in Finance, Accounting, Economics, Business, Risk Management, or related

Advanced degree or professional certification preferred

Tools

Excel

Word

PowerPoint

Credit systems

Dashboards

Data visualization

Workflow tools

Job description

Job Description

At BNY, our culture empowers employees to grow, succeed, and contribute to work that helps shape the global financial system. We are seeking a highly analytical and commercially aware Credit Risk Manager to join our European Credit Risk team and will be based in Dublin, Ireland. Credit portfolio coverage will involve European based financial institutions. This role is responsible for providing independent credit risk oversight, effective challenge, portfolio monitoring, and governance support across assigned exposures. The successful candidate will help ensure credit decisions are well controlled, well documented, aligned with risk appetite, and supported by sound judgment, rigorous analysis, and timely escalation.

Key Responsibilities

• Provide independent review, effective challenge, and approval recommendations for credit proposals, annual reviews, borrower ratings, exposure limits, policy exceptions, and other credit actions.
• Assess borrower, counterparty, transaction, portfolio, industry, country, collateral, structural, and concentration risks to ensure exposures remain consistent with approved risk appetite, policies, standards, and procedures.
• Partner with first line business teams to evaluate credit requests, identify key risk drivers, challenge assumptions, and ensure recommendations are supported by clear analysis, sound rationale, and complete documentation.
• Monitor assigned portfolios for emerging risks, credit quality trends, limit utilization, excesses, breaches, rating changes, covenant issues, early warning indicators, and other adverse developments.
• Escalate material credit concerns, policy exceptions, limit breaches, control issues, and adverse portfolio trends to senior stakeholders in a timely, transparent, and well-supported manner.
• Support credit governance activities, including portfolio reviews, management reporting, committee materials, regulatory requests, audit inquiries, SOX controls, and issue remediation efforts.
• Contribute to enhancements of credit risk policies, standards, procedures, controls, reporting, and workflow practices to strengthen the control environment and improve operating effectiveness.
• Use data, analytics, automation, and emerging technology to improve risk identification, credit monitoring, decision quality, reporting, and process efficiency.
• Build strong working relationships across Credit Risk, business teams, Credit Services, Legal, Finance, Operations, Technology, and other control functions.

Required Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, Business, Risk Management, or a related discipline; advanced degree or professional certification preferred.
• Minimum of five years of relevant experience in credit risk management, commercial or institutional lending, counterparty credit risk, underwriting, portfolio management, financial analysis, or risk governance.
• Strong understanding of credit risk fundamentals, including financial statement analysis, repayment capacity, collateral, borrower ratings, exposure measurement, limit management, and portfolio monitoring with focus on financial institutions.
• Knowledge of credit risk policies, delegated approval authorities, risk appetite frameworks, regulatory expectations, governance requirements, and control environments.
• Demonstrated ability to analyze complex credit information, identify material risks, form independent conclusions, and communicate recommendations clearly to senior stakeholders.
• Excellent analytical, problem-solving, organizational, written communication, and stakeholder management skills, with strong judgment and attention to detail.
• Ability to manage multiple priorities, meet deadlines, and operate effectively in a fast-paced, highly governed risk management environment.
• Proficiency with Microsoft Office applications, particularly Excel, Word, and PowerPoint; experience with credit systems, dashboards, data visualization, or workflow tools preferred.
• Experience covering banks, broker-dealers, insurers, asset managers, clearing houses, or other financial institutions preferred.
• Familiarity with European regulatory expectations, including ECB, Central Bank of Ireland, EBA, or PRA guidance, is preferred.
• Professional certification such as CFA, FRM, PRM, ACA, ACCA, or equivalent risk, finance, or accounting qualification is desirable.