Senior Credit Risk Manager

Job overview

The Senior Credit Risk Manager role is hybrid in Burlington, VT, with at least two office days per week and remote work on remaining days after training. The annual salary range is $84,000–$96,000. VHFA works to expand access to affordable housing for Vermonters. The role safeguards the financial resilience of VHFA’s multifamily portfolio by leading complex underwriting and transaction analysis, shaping financing recommendations, and supporting prudent credit policy and risk management. It also provides technical guidance and mentoring to project finance staff.

What you'll do

• Lead financial, credit, and risk analysis for multifamily rental housing, preservation, mixed-income, and homeownership developments
• evaluate borrower capacity, feasibility, pro formas, sources and uses, and sustainability
• prepare underwriting memoranda and financing recommendations
• structure transactions using LIHTC, tax-exempt bonds, and public and private funding
• participate in negotiations
• support commitments, closings, and preservation workflows
• help maintain underwriting standards and tools
• mentor staff
• monitor pipeline and portfolio risks.

What we're looking for

Skills & competencies

senior credit risk manager

affordable housing finance

credit risk

underwriting

multifamily housing

project finance

hybrid

burlington vt

vermont housing finance agency

$84k–$96k annually

full-time

Work arrangement

• Weekend coverage required

Benefits & perks

• Medical, dental, and vision coverage or optional buy-out plan
• flexible spending and dependent care accounts
• short- and long-term disability
• life insurance
• up to $4,000 educational assistance
• employee assistance program
• combined time off and holiday pay
• up to six weeks of paid parental and family leave
• parking reimbursement
• 403(b) savings account and 457 retirement plan.

Why this role

Hybrid schedule with at least two office days weekly; up to $4,000 in educational assistance and up to six weeks of paid parental and family leave.

About the employer

Vermont Housing Finance Agency is hiring for this role. Industry: Public Finance Activities. Sector: 92.