The Washington Trust Company · 17 hours ago
Small Business Risk Manager
Westerly, RI
Full-time
Hybrid
Senior Level, Lead/Staff
10+ years expThe Washington Trust Company is seeking a Small Business Risk Manager to join their Risk Management Team. This role is responsible for assessing, monitoring, and mitigating credit and operational risks within a small business lending portfolio, requiring strong credit underwriting expertise and advanced data analysis capabilities.
BankingCredit CardsMortgageWealth Management
Responsibilities
Develop and refine credit policies, scorecards, and underwriting standards to align with portfolio risk appetite
Conduct periodic portfolio reviews to identify early warning indicators, concentrations and emerging risks
Prepare and present credit recommendations to senior leadership or finance committee
Oversee quality assurance for underwriting and portfolio monitoring processes
Analyze large datasets to identify trends, risk drivers, and opportunities to improve risk mitigation
Build and maintain dashboards, models and metrics to track portfolio performance (e.g. delinquency, default, recovery, utilization)
Use statistical tools and business intelligence platforms (e.g., SQL, Power BI) to support risk forecasting and scenario analysis
Partner with data teams to enhance data quality, automation reporting, and refine risk measurement methodologies
Recommend risk-adjusted strategies for pricing, credit limits, product design, and customer lifecycle management
Develop and implement risk mitigation programs – including early intervention treatments, collections strategies, and policy adjustments
Collaborate with Retail Banking, Loan Operations, and Compliance teams to ensure new initiatives align with regulatory requirements and risk appetite
Ensure adherence to regulatory standards such as fair lending, CRA, UDAAP, and internal risk framework
Support internal and external audits by providing clear, accurate documentation and analysis
Qualification
Required
Bachelor's degree in finance, Economics, Business, Data Analytics, or related field
10+ years of experience in credit risk, underwriting, or portfolio management within financial services or small business lending
Strong quantitative and analytics skills, with proficiency in data analysis tools (SQL, Power BI platforms)
Ability to communicate complex analyses to both technical and non-technical stakeholders
Strong attention to detail and the ability to manage multiple priorities in a fast-paced environment
Preferred
advanced degree preferred
Benefits
Health and welfare benefits
Paid time-off
Work-life program
401(k) plan
Company
The Washington Trust Company
Founded in 1800, Washington Trust is the oldest community bank in the nation and one of the Northeast’s premier financial services companies.
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
$55M2024-12-12Post Ipo Equity· $55M
1984-01-23IPO
Leadership Team
Edward Handy
Chairman and Chief Executive Officer
Cristina Offenberg
Vice President
Recent News
Providence Business News
2025-12-27
2025-12-24
Providence Business News
2025-12-19
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