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Credit Analyst Jobs in Springfield, IL (NOW HIRING)

Farm Credit Illinois

AVP/VP, Lending

Taylorville, IL · On-site

... credit packages through financial analysis and collaboration with Credit Services and loan committees • Close loans by ensuring accuracy and adherence to credit standards while delivering a ...

Enterprise

Entegral Financial Analyst

Springfield, IL · On-site

$75K - $90K/yr

ABOUT THE ROLE The Financial Analyst for Entegral plays a key role in analyzing, evaluating and optimizing our financial and operational performance. Operating at the intersection of finance and data ...

Asplundh Tree Expert

Financial Analyst

Springfield, IL · On-site

$24 - $28/hr

Description Job title: Project Coordinator We are seeking a Project Coordinator who is detail-oriented, hardworking, motivated, and focused on both fieldwork and customer service. The Project ...

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Showing results 21-40

All JobsCredit Analyst JobsCredit Analyst Jobs in Springfield, IL

Credit Analyst information

See Springfield, IL salary details

$15

$29

$48

How much do credit analyst jobs pay per hour?

As of Aug 18, 2026, the average hourly pay for credit analyst in Springfield, IL is $29.66, according to ZipRecruiter salary data. Most workers in this role earn between $22.88 and $33.37 per hour, depending on experience, location, and employer.

What does a credit analyst do?

A Credit Analyst evaluates the creditworthiness of individuals or businesses applying for loans or credit. They review financial statements, credit reports, and economic conditions to assess the risk of lending money. Based on their analysis, they make recommendations to approve or deny credit applications and may suggest terms for repayment. Their work helps financial institutions minimize losses and make informed lending decisions.

What does a credit analyst do?

As a credit analyst, you evaluate customer credit history to determine the risk level for giving out loans or lines of credit to clients. You’ll use statistical software to help you decide which clients are eligible for loans and which ones aren’t. Your job duties include analyzing your clients’ financial statements and credit history, establishing credit limits, informing clients of payment policies, and resolving disputes. Your decisions impact whether the bank or financial institution you work for makes money or loses money, so your responsibilities make you a crucial part of the team.

What are the key skills and qualifications needed to thrive as a credit analyst, and why are they important?

To thrive as a Credit Analyst, you need strong analytical skills, financial acumen, and typically a degree in finance, accounting, or a related field. Proficiency in financial modeling, Microsoft Excel, and experience with credit risk assessment software such as Moody’s or S&P Global Market Intelligence are highly valued. Excellent attention to detail, effective communication, and sound judgment are essential soft skills for assessing clients and presenting findings. These abilities ensure accurate credit evaluations, mitigate risk, and support informed lending decisions.

What are the typical challenges a credit analyst faces when evaluating complex loan applications?

Credit Analysts often encounter challenges such as incomplete financial information, inconsistent documentation, and the need to assess risk in rapidly changing market conditions. Evaluating applicants from diverse industries may require specialized knowledge to accurately interpret financial statements and cash flow projections. Strong analytical skills and effective communication with both clients and internal stakeholders are essential to resolve ambiguities and ensure sound credit decisions.

What is the difference between Credit Analyst vs Loan Officer?

AspectCredit AnalystLoan Officer
Required CredentialsBachelor's degree in finance, accounting, or related field; certifications like CFA or credit analysis coursesBachelor's degree in finance, business, or related; often requires mortgage or loan origination licenses
Work EnvironmentOffice setting, analyzing financial data, assessing creditworthinessOffice or branch, meeting clients, processing loan applications
Employer & Industry UsageBanks, credit unions, financial institutionsBanks, mortgage companies, credit unions

While both roles involve financial assessment, a Credit Analyst primarily evaluates credit data to determine risk, whereas a Loan Officer interacts directly with clients to approve and process loan applications. Understanding these differences helps in choosing the right career path or job search focus.

Are credit analysts paid well?

Credit analysts typically earn a competitive salary that varies based on experience, education, and location. According to industry data, the median annual wage for credit analysts is around $70,000, with higher earnings possible for those with advanced certifications or in senior roles. The profession often offers opportunities for bonuses and career advancement.

What qualifications do you need to be a credit analyst?

To become a credit analyst, candidates typically need a bachelor's degree in finance, accounting, economics, or a related field. Strong analytical skills, proficiency with financial analysis tools, and knowledge of credit reporting and risk assessment are also important. Some roles may require relevant certifications such as the Chartered Financial Analyst (CFA) or Credit Risk Certification.
More about Credit Analyst jobs

What are the most commonly searched types of Credit Analyst jobs in Springfield, IL?

The most popular types of Credit Analyst jobs in Springfield, IL are:

What job categories do people searching Credit Analyst jobs in Springfield, IL look for?

The top searched job categories for Credit Analyst jobs in Springfield, IL are:

What cities near Springfield, IL are hiring for Credit Analyst jobs?

Cities near Springfield, IL with the most Credit Analyst job openings:

Credit Analyst jobs near you
Infographic showing various Credit Analyst job openings in Springfield, IL as of August 2026, with employment types broken down into 83% Full Time, 16% Part Time, and 1% Contract. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $61,689 per year, or $29.7 per hour.

AVP/VP, Lending

Farm Credit Illinois

Taylorville, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 2 days ago

Job description

About Farm Credit Illinois
Farm Credit Illinois (FCI) is an agricultural financial cooperative owned by more than 17,400 farmer, rural landowner, and agribusiness voting stockholders in the southern 60 counties of Illinois. Dedicated to Helping Farm Families Succeed, FCI provides competitive and flexible financing, crop insurance expertise, and Rural 1st® country life lending. FCI manages an $8 billion loan portfolio, sells 1.5 million acres of crop insurance coverage, and employs approximately 300 staff in the Mahomet headquarters and 14 regional offices. The U.S. Farm Credit System is a network of locally owned cooperatives supporting rural communities, farm families, and agriculture with reliable, consistent credit and financial services today and tomorrow.
Why Join Us
Competitive compensation package. Grade and salary commensurate with experience, with an annualized base salary range of 68,000.00 - 122,000.00 plus a bonus based on team and individual performance. This range is a good-faith and reasonable estimate of the range of possible compensation at the time of this posting.
Comprehensive benefit package includes 401(k) with 3% employer contribution and 6% employer match, vacation days, sick days, 13 paid holidays, parental leave, and volunteer leave, along with medical, dental, vision, and life insurance as further described at https://www.farmcreditfoundations.com/fcfbenefits/
Professional development and career growth opportunities.
Opportunity to work for a reputable and community-focused financial institution dedicated to a positive, collaborative work environment that encompasses the association's mission to serve our members and the agricultural industry as we strive to help farm families succeed
The Role
The Assistant Vice President and Vice President of Lending maintains, grows, and services a portfolio while representing Farm Credit Illinois in the community and creating relationships with the people of rural America.
What You Will Contribute
• Build relationships and generate new business by actively engaging in the agricultural community, identifying prospects and referral sources, and participating in member and industry events
• Drive loan growth by pursuing new business opportunities, expanding relationships through referrals and cross-selling, and maintaining an active prospect pipeline
• Apply agricultural and business knowledge to assess financial positions, advise on credit decisions, and deliver practical lending solutions across available loan products
• Originate loans by assessing member and prospect needs, identifying growth opportunities, and partnering with team members to prepare complete applications
• Prepare and support credit packages through financial analysis and collaboration with Credit Services and loan committees
• Close loans by ensuring accuracy and adherence to credit standards while delivering a positive and consistent member experience
• Proactively manage and service the loan portfolio by anticipating servicing needs, identifying and addressing risk, monitoring market conditions, and implementing effective servicing plans
What We Are Looking For
Required Skills
  • General knowledge of agricultural economics and farm operations
  • Strong analytical, problem-solving, and decision-making skills
  • Ability to assess complex financial and business information
  • Effective communication and relationship-building skills
  • Comfort using technology and data to improve efficiency and sales effectiveness
  • Ability to collaborate, build trust, and work effectively across teams

Minimum Qualifications
  • Bachelor's degree in business, finance, agriculture, or a related field
    or equivalent education, experience, and skillset sufficient to perform the essential functions of the role
    • Assistant Vice President level: No prior experience required
    • Vice President level: Minimum of 3 years of experience in sales or an ag-related field
  • Willingness and ability to travel throughout the assigned territory

Farm Credit Illinois is an Equal Employment / Affirmative Action employer. We do not discriminate in hiring based on any characteristic protected by law.
If you need a reasonable accommodation for any part of the employment process, please contact us by email at careers@farmcreditIL.com and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this e-mail address.

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