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Credit Risk Analyst Intern Jobs in Mount Prospect, IL

Credit Risk Associate

Chicago, IL ยท On-site

$73K - $100K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Exempt The Credit Risk Associate will analyze and mitigate credit risk exposure for RWEA. Role Responsibilities: * Assess and monitor counterparty credit exposures, including payment, performance ...

Senior Credit Analyst

Schaumburg, IL ยท On-site

$80K - $100K/hr

  • Medical

  • Retirement

Evaluate credit risk for new and existing customers using financial statements, D&B, trade ... Analyze financials and behavioral data to reduce exposure and minimize bad debt * Review and ...

Senior Credit Analyst

Schaumburg, IL ยท On-site

$80K - $100K/yr

  • Medical

  • Retirement

Evaluate credit risk for new and existing customers using financial statements, D&B, trade ... Analyze financials and behavioral data to reduce exposure and minimize bad debt * Review and ...

VP Counterparty Credit Risk Oversight

Rosemont, IL ยท On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Specifically, manage the credit analysis of financial institutions, sovereigns and vendors ... Ensure the credit risk management system (Moody's Credit Catalyst) continues to function properly ...

VP Counterparty Credit Risk Oversight

Rosemont, IL ยท On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Specifically, manage the credit analysis of financial institutions, sovereigns and vendors ... Ensure the credit risk management system (Moody's Credit Catalyst) continues to function properly ...

VP, Credit Risk Oversight

Rosemont, IL ยท On-site

$117K - $150K/yr

Strong credit analytical skills and credit process knowledge. * Knowledge of the banking industry and regulatory guidelines as they relate to credit review and credit risk management practices.

VP, Credit Risk Oversight

Rosemont, IL ยท On-site

$117K - $150K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Strong credit analytical skills and credit process knowledge. * Knowledge of the banking industry and regulatory guidelines as they relate to credit review and credit risk management practices.

VP, Credit Risk Oversight

Rosemont, IL

$117K - $150K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Strong credit analytical skills and credit process knowledge. * Knowledge of the banking industry and regulatory guidelines as they relate to credit review and credit risk management practices.

VP, Credit Risk Oversight

Rosemont, IL ยท On-site

$117K - $150K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Strong credit analytical skills and credit process knowledge. * Knowledge of the banking industry and regulatory guidelines as they relate to credit review and credit risk management practices.

Showing results 21-40

Credit Risk Analyst Intern information

See Mount Prospect, IL salary details

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How much do credit risk analyst intern jobs pay per hour?

As of Aug 14, 2026, the average hourly pay for credit risk analyst intern in Mount Prospect, IL is $17.29, according to ZipRecruiter salary data. Most workers in this role earn between $17.21 and $17.21 per hour, depending on experience, location, and employer.

What are some typical projects or tasks a credit risk analyst intern might work on during their internship?

As a Credit Risk Analyst Intern, you can expect to assist with data gathering and analysis to evaluate the creditworthiness of clients or portfolios, support the preparation of risk assessment reports, and help monitor key risk indicators. Interns often work closely with senior analysts to develop financial models, conduct industry research, and contribute to presenting findings to stakeholders. This collaborative environment provides valuable exposure to risk management processes and offers hands-on experience with analytical tools that are highly valued in the finance industry.

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

To thrive as a Credit Risk Analyst Intern, you need strong analytical skills, proficiency in quantitative methods, and a background in finance, economics, or statistics, often supported by relevant coursework. Familiarity with Excel, statistical software (such as SAS or R), and financial modeling tools is typically expected. Attention to detail, effective communication, and a willingness to learn help interns stand out in collaborative, data-driven environments. These skills are crucial for accurately assessing creditworthiness, managing risk, and supporting informed lending decisions.

What is the difference between Credit Risk Analyst Intern vs Credit Risk Analyst?

AspectCredit Risk Analyst InternCredit Risk Analyst
Required CredentialsTypically pursuing or recent graduate in finance, economics, or related fieldBachelor's degree often required; certifications like CFA or FRM preferred
Work EnvironmentInternship setting, learning-focused, supervisedFull-time professional role, responsible for analysis and decision-making
Employer & Industry UsageInternship programs in banks, financial institutions, or credit agenciesFull-time positions in similar organizations, with increased responsibilities

The main difference between a Credit Risk Analyst Intern and a Credit Risk Analyst lies in experience, responsibilities, and employment status. Interns are typically students or recent graduates gaining industry exposure, while analysts are full-time professionals performing detailed credit risk assessments and decision-making.

What does a credit risk analyst intern do?

A Credit Risk Analyst Intern supports the credit risk team by analyzing financial data, assessing the creditworthiness of individuals or companies, and preparing reports on potential risks. They may assist in monitoring credit portfolios, researching industry trends, and helping to develop models that predict credit risk. Interns typically work under the supervision of senior analysts and gain hands-on experience with the tools and methodologies used in risk assessment. This role is an excellent opportunity for students to learn about financial analysis, risk management, and decision-making in a professional environment.

What job categories do people searching Credit Risk Analyst Intern jobs in Mount Prospect, IL look for?

The top searched job categories for Credit Risk Analyst Intern jobs in Mount Prospect, IL are:

What cities near Mount Prospect, IL are hiring for Credit Risk Analyst Intern jobs?

Cities near Mount Prospect, IL with the most Credit Risk Analyst Intern job openings:

Manager Credit Risk Analysis

Federal Home Loan Bank of Chicago

Chicago, IL โ€ข On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 21 days ago


Job description

At the Federal Home Loan Bank of Chicago, employees come first - that's why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees.
  • Collaborative, in-office operating model

  • Retirement program (401k and Pension)

  • Medical, dental and vision insurance

  • Lifestyle Spending Account

  • Competitive PTO plan

  • 11 paid holidays per year

Who we are
Our mission at FHLBank Chicago: To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment, and support for their community investment activities.
Simply said, we're a bank for banks and other financial institutions, focused on being a strategic partner for our members and working together to reinvest in our communities, from urban centers to rural areas. Created by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks, government sponsored in support of mortgage lending and community investment.
What it's like to work here
At FHLBank Chicago, we bring people together. We are committed to a high performing, engaged workforce, and to supporting the communities we serve across Illinois and Wisconsin. Our Buddy Program pairs new hires with tenured employees to guide their onboarding. Our professional development and training opportunities through upskilling, mentorship programs, and tuition reimbursement allow employees to grow their career with us. Our collaborative, in-office operating model brings teams together to foster innovation, connection, and shared success. To support balance and flexibility, employees are provided with an allocation of remote days to use as needed throughout the year.
What you'll do
The Manager, Credit Analysis will have primary responsibility for management and oversight of the depository and CDFI credit team. The team consists of two additional analysts and is responsible for the credit requirements related to the Bank's depository and CDFI members. Responsibilities include the support of the Bank's mission critical models for depositories and all associated policies and processes.
How you'll make an impact
  • Closes a critical management gap in depository/CDFI credit risk oversight, enabling faster risk rating decisions and stronger analyst development across a 445-bank, 103-credit union, 9-CDFI portfolio.
  • Frees senior leadership capacity for board, regulatory, and strategic priorities by shifting day-to-day team management and brief oversight to a dedicated manager.
  • Strengthens succession and bench depth, pairing an experienced SME manager with existing analysts to accelerate their leadership readiness.

What you can expect
  • Management responsibilities of a team of two credit analysts which includes priority setting, skill development and performance management.
  • Perform analysis on and recommend approval for new and/or continuing borrowers.
  • Lead team through quarterly credit analysis and risk rating of borrowers.
  • Recommend credit and collateral terms for depositories and CDFIs.
  • Work with Relationship Managers and borrowers on risk mitigation strategies and structures.
  • Develop and manage internal models for assessing credit risk and assigning risk ratings.
  • Develop and implement credit underwriting standards for borrowers.
  • Monitor economic trends and regulatory developments and their impact on borrowers.
  • Report to regulators, senior management, and Credit Committee.
  • Work with IT on credit systems and with other teams in the Bank on strategic projects.
  • Provide active management and thought leadership to your immediate team to aide in their development in credit underwriting, analytic skills and leadership development.
  • Surveillance of existing depository and CDFI members for material changes in credit quality.
  • Analyze the creditworthiness of financial institutions that pose an elevated credit risk to the Bank and make appropriate recommendations.
  • Maintain and develop credit models to support the analytics regime supporting the Credit risk rating process.
  • Foster collaborative relationship with our Sales team to support of our financial institution members and counterparties.

What you'll bring
  • Bachelor's degree in Finance, Accounting, Management, Economics or other business-related discipline. MBA or other Master's level degree preferred.
  • 5-10 years of experience in credit underwriting of financial institutions.
  • Excellent interpersonal communication skills (written, oral, and listening) are required.
  • Strong analytic abilities, including credit underwriting experience, the ability to manipulate large data sets, and robust modeling skills.
  • At ease working within a team-based environment.
  • Time management and an ability to display initiative are necessary.
  • Must be self-directed with high energy level.
  • MS Office products.
  • Tableau, VBA, R, S&P CapIQ, and Bloomberg experience is a preferred.

The Perks
At FHLBank Chicago, we believe in rewarding our high performing workforce. We offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees. Our retirement program includes a 401(k) and pension plan. Our wellbeing program supports employees at work and in their personal lives: Our PTO plan provides five weeks of vacation for new employees and 11 paid holidays per year; our Lifestyle Spending Account provides an annual stipend for employees to support wellbeing activities; and our central downtown location at the Old Post Office provides easy access to public transportation and breathtaking views from our award-winning rooftop. Visit FHLBCbenefits.com for additional details about our benefits. Step into a brighter future with us.
Salary Range:
$125,825.00 - $221,275.00
The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors. In addition to the base salary, we offer a comprehensive benefits package which can be found here: https://hrportal.ehr.com/fhlbc