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Credit Risk Analyst Jobs in Indiana (NOW HIRING)

Role Responsible for analyzing credit and financial reports to determine risk involved in loaning money or extending credit. Scrutinizes financial data profitability, income growth, and management ...

Role Responsible for analyzing credit and financial reports to determine risk involved in loaning money or extending credit. Scrutinizes financial data profitability, income growth, and management ...

Role Responsible for analyzing credit and financial reports to determine risk involved in loaning money or extending credit. Scrutinizes financial data profitability, income growth, and management ...

Role Responsible for analyzing credit and financial reports to determine risk involved in loaning money or extending credit. Scrutinizes financial data profitability, income growth, and management ...

Perform financial statement analysis of new and existing stores to determine financial strength, credit line, security requirements, and risk analysis; consulting with Regional Directors/Retail ...

Perform financial statement analysis of new and existing stores to determine financial strength, credit line, security requirements, and risk analysis; consulting with Regional Directors/Retail ...

... analyze necessary information to determine customer financial capability, risk, and establish credit limits. • Partner with other business units to improve the quality of the data being used in the ...

... analyze necessary information to determine customer financial capability, risk, and establish credit limits. • Partner with other business units to improve the quality of the data being used in the ...

Credit Analyst

Carmel, IN · On-site

$50K - $62K/yr

This role involves analyzing financial data, assessing loan risk, and providing recommendations. Key Responsibilities: • Assist in facilitating and initiating credit granting function on new and ...

... market, credit, operational, and compliance risk. * Ability to build and define Enterprise Risk ... Proficiency in data analyses using SQL * Partner with leaders effectively employing clear and ...

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Credit Risk Analyst information

See Indiana salary details

$35.2K

$108.4K

$187.9K

How much do credit risk analyst jobs pay per year?

As of May 29, 2026, the average yearly pay for credit risk analyst in Indiana is $108,365.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,500.00 and $133,700.00 per year, depending on experience, location, and employer.

What Does a Credit Risk Analyst Do?

A credit risk analyst evaluates the creditworthiness of individuals or businesses seeking loans or credit cards. As a credit risk analyst, you must be systematic and thorough in examining each applicant’s financial information to provide a recommendation of whether or not your employer should grant credit to the applicant. Essentially, you are evaluating the risk to reward ratio of each loan applicant. Your job duties include the analysis of credit scores and credit reports, payment history, bank statements, and other financial statements. Depending on the scope of your job, you may collect this information directly from clients and inform them if the institution can approve or deny their credit or loan application.

What are the key skills and qualifications needed to thrive as a Credit Risk Analyst, and why are they important?

To thrive as a Credit Risk Analyst, you need strong analytical skills, a solid understanding of financial principles, and typically a degree in finance, economics, or a related field. Familiarity with risk assessment tools, statistical software (such as SAS or R), and financial modeling systems is often required, along with relevant certifications like FRM or CFA being advantageous. Attention to detail, effective communication, and sound judgment are essential soft skills for presenting findings and collaborating with stakeholders. These competencies are crucial for accurately assessing creditworthiness, minimizing financial risk, and supporting informed lending decisions.

What are some common challenges faced by Credit Risk Analysts when assessing new clients or loan applications?

Credit Risk Analysts often encounter challenges such as limited financial data, rapidly changing market conditions, and the need to balance risk with business growth objectives. They must carefully analyze incomplete or inconsistent client information while ensuring compliance with regulatory requirements. Collaborating with relationship managers and other departments is essential to gather additional insights and make informed recommendations, making strong communication and analytical skills crucial in overcoming these challenges.

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

AspectCredit Risk AnalystCredit Analyst
Primary FocusAssessing the risk of default on loans and credit productsEvaluating creditworthiness of individual or business applicants
Required CredentialsTypically a degree in finance, economics, or related field; certifications like CFA or credit-specific coursesSimilar credentials; often the same certifications or degrees
Work EnvironmentFinancial institutions, risk management departmentsBanks, lending institutions, credit departments
Industry UsageCommonly used in risk assessment and managementPrimarily in lending and credit evaluation

While both roles involve evaluating credit, a Credit Risk Analyst focuses on assessing the overall risk associated with credit portfolios, whereas a Credit Analyst evaluates individual credit applications. The roles often overlap in credentials and work environment, but their specific focus differs within the credit industry.

What are the most commonly searched types of Credit Risk Analyst jobs in Indiana? The most popular types of Credit Risk Analyst jobs in Indiana are:
What are popular job titles related to Credit Risk Analyst jobs in Indiana? For Credit Risk Analyst jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Credit Risk Analyst jobs in Indiana look for? The top searched job categories for Credit Risk Analyst jobs in Indiana are:
What cities in Indiana are hiring for Credit Risk Analyst jobs? Cities in Indiana with the most Credit Risk Analyst job openings:
What are popular job titles related to Credit Risk Analyst jobs in IN? For Credit Risk Analyst jobs in IN, the most frequently searched job titles are:
Infographic showing various Credit Risk Analyst job openings in Indiana as of May 2026, with employment types broken down into 1% As Needed, 86% Full Time, 9% Part Time, 1% Temporary, and 3% Contract. Highlights an 71% Physical, 4% Hybrid, and 25% Remote job distribution, with an average salary of $108,365 per year, or $52.1 per hour.
Ag Credit Analyst

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 26 days ago


Job description

Note: The selected employee(s) can be headquartered at any Beacon ag loan center that has available office space. We will consider fully remote status for an experienced candidate, with some travel for training required depending on the location of the candidate.
Role
Responsible for analyzing credit and financial reports to determine risk involved in loaning money or extending credit. Scrutinizes financial data profitability, income growth, and management quality to decide if loans will be lucrative.
Major Duties and Responsibilities
  • Performs the initial and ongoing credit analysis to determine if members' credit requests satisfy policies and procedure guidelines, and prepares and processes all applicable documentation for credit analysis and risk ratings.
  • Images and tracks financial documents, including financial statement, tax return, credit report, risk analysis, annual review report, and loan request presentation report, necessary for annual review and loan approval processes for the borrower.
  • Prepares a detailed narrative based on the financial trends and ratios delivered in the reports presented to loan committees for loan approval and risk rating score assignment purposes.
  • Provides support to Credit Union members and staff in explaining credit policies and procedures.
  • Provides and maintains reporting requirements on Credit Union members' credit obligations, such as watch lists and allowance for loan loss calculations.
  • Assists in special assignments requested by management and members.
  • Performs other related duties as assigned.

Position Qualifications
One to three years of agriculture and/or commercial credit analysis or related experience
Four-year college degree or equivalent combination of education and experience
Knowledge of financial spreads and tax returns a plus
Excellent computer skills (Word, Excel)
Ability to work independently with little or no supervision
Must be extremely detail oriented
Excellent communication skills with both internal and external personnel
Ability to foster sound relationships with outside entities
A significant level of trust and diplomacy, in addition to courtesy and tact
Standard position hours are Monday through Friday, 8 a.m. to 5 p.m.
Available Benefits Include:
- Health, dental and vision insurance
- Paid time off
- 401(k) match
- Incentive/bonus program
- Tuition reimbursement
- and more!
Why Beacon?
At Beacon, you're more than just an employee. You're part of a supportive, values-driven community that truly cares. Whether you're drawn by our strong team culture, opportunities for growth in business and finance, or the chance to make a real difference in members' lives, Beacon offers a career with purpose. Our team loves helping people, solving problems, and building meaningful relationships, all while enjoying great benefits, a healthy work-life balance, and a positive, family-oriented environment. Join Beacon where people matter and every day is an opportunity to grow, serve, and thrive.