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Credit Risk Analyst Jobs in Indiana (NOW HIRING)

Fifth Third Bank

Senior Credit Analyst

Indianapolis, IN · On-site

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right ...

Fifth Third

Senior Credit Analyst

Indianapolis, IN · On-site

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right ...

Nexstar Broadcasting

Credit Specialist

Indianapolis, IN · On-site

Obtain, review, and 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 ...

TEGNA

Credit Specialist

Indianapolis, IN · On-site

... 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 ...

TEGNA Inc.

Credit Specialist

Indianapolis, IN · On-site

... 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 ...

Northwest

Portfolio Manager II or III

Fishers, IN · On-site +1

$61K - $110K/yr

Analyses to include an independent credit quality assessment with well-supported risk rating rationale, identification of credit risks and mitigants, industry concerns, market trends, financial ...

Northwest

CRE Portfolio Manager II or III

Fishers, IN · On-site +1

$61K - $110K/yr

Analyses to include an independent credit quality assessment with well-supported risk rating rationale, identification of credit risks and mitigants, industry concerns, market trends, financial ...

Circle

... 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 ...

Circle

... 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 ...

Circle

... 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 ...

Circle

... 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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Showing results 21-40

All JobsCredit Risk Analyst JobsCredit Risk Analyst Jobs in Indiana

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 Sep 9, 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 assesses the creditworthiness of individuals or organizations by analyzing financial data, credit reports, and economic conditions. Their main goal is to determine the likelihood that a borrower will default on their financial obligations. They use statistical models, risk assessment tools, and industry knowledge to evaluate risk and help lenders make informed lending decisions. Credit Risk Analysts often prepare reports, recommend risk mitigation strategies, and monitor existing credit portfolios for potential risks.

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.

How much does a credit risk analyst earn?

The average salary for a credit risk analyst typically ranges from $60,000 to $90,000 annually, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications can earn higher salaries and bonuses.

Is a credit risk analyst entry level?

A credit risk analyst can be an entry-level position, often requiring a bachelor's degree in finance, economics, or related fields. Some roles may require prior internship experience or familiarity with financial analysis tools, but many companies offer training for new graduates. Advancement typically depends on experience, skills, and certifications such as the CFA or credit analysis courses.

What is the average salary of a Credit Risk Analyst?

The average salary of a Credit Risk Analyst typically ranges from $60,000 to $85,000 per year, depending on experience, location, and industry. Professionals in this role often require strong analytical skills and knowledge of financial modeling tools.
More about Credit Risk Analyst jobs

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:

Credit Risk Analyst jobs near you
Infographic showing various Credit Risk Analyst job openings in Indiana as of August 2026, with employment types broken down into 87% Full Time, and 13% Part Time. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $108,365 per year, or $52.1 per hour.

Senior Credit Analyst

Indianapolis, IN • On-site

Fifth Third Bank
See more jobs at Fifth Third Bankexternal

Full-time

Re-posted 8 days ago

Fifth Third Bank rating

7.6

Company rating: 7.6 out of 10

Based on 114 frontline employees who took The Breakroom Quiz

99th of 176 rated banks

Job description

Make banking a Fifth Third better®
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.
GENERAL FUNCTION:
The Senior Credit Analyst is primarily responsible for partnering with Portfolio Managers, supporting the daily duties of underwriting and monitoring credit while performing analytical tasks and identifying risks or issues as needed. In addition, a successful Senior Credit Analyst will be able to draft documents and prepare for credit reviews with limited support from the Portfolio Managers. The Senior Credit Analyst demonstrates extensive knowledge of financial and risk analysis and expertise in financial modeling.
The Senior Credit Analyst demonstrates proficiency in underwriting, with the ability to complete the underwriting process from beginning to end with limited oversight. Additionally, the Senior Credit Analyst will attend and support Portfolio Reviews as needed.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • Partner with Portfolio Managers in credit and underwriting, performing analytical tasks as needed.
  • Use critical thinking to identify and draft documentation.
  • Responsible for regularly completing indicative credit information into Banking Systems with little to no errors.
  • Responsible for preparing risk-rating scorecard and performing tickler event analysis to identify potential risks.
  • Responsible for developing risk models and advising PMs of unforeseen obstacles that may impede meeting client expectations.
  • Identify and determine monitoring analysis activities required.
  • Verify covenants and define updates needed on ticklers.
  • Monitor covenant completion and track past due or out of compliance covenants and recommend appropriate course of action.
  • Responsible for assessing covenant compliance reporting and identifying issues.
  • Review covenant compliance certificates to understand performance and determine actions remediate breaches.
  • Update financial covenants and calculations as needed.
  • Run Probability of Default (PD) model with oversight.
  • Responsible for understanding and evaluating completed spreads to determine necessary edits working in collaboration with the CCU team.
  • Responsible for identifying and recommending preliminary portfolio management actions using Credit Service reporting and RADAR with some oversight.
  • Prepares ALSR reports with oversight.
  • Responsible for running risk and projection models with oversight assumptions provided.
  • Responsible for completing underwriting process with limited oversight.
  • Create and complete a CAM with little to no errors.
  • Review and re-write renewals for deals of limited complexity.
  • Responsible for portfolio analysis and the development for Portfolio Reviews in preparation for client meetings.
  • Support Portfolio Managers and special projects.
  • Take appropriate remedial actions to resolve deficiencies and escalates questions/disputes to appropriate level when necessary.
  • May assist with training of new employees.
  • May work on special projects as assigned by management.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
  • Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting).
  • Minimum 2 years of Commercial Banking experience.
  • Sound Financial and risk analysis understanding, including the ability to develop financial models.
  • Extensive Knowledge of banking products and services.
  • Knowledge of corporate business structure and legal documents.
  • General knowledge of U.S. government and regulation.
  • Knowledge of the local or regional market preferred, but not required.
  • Proficiency in internal banking applications.
  • Strong verbal and written communication skills.
  • Demonstrated expertise in using effective problem solving and analytical skills with ability to handle and prioritize multiple tasks.
  • Proficient in all Microsoft Office software.

WORKING CONDITIONS:
  • Normal office environment with little exposure to dust, noise, temperature and the like.
  • Minimal travel required.
Senior Credit Analyst
At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.
The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.
Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.
LOCATION -- Indianapolis, Indiana 46204
Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

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