ZipRecruiter

Log In

1

Credit Risk Analyst Jobs in Indiana (NOW HIRING)

FIRST MERCHANTS

Credit Analyst I

Indianapolis, IN · On-site

This position will perform credit analysis, underwriting and monitoring of the commercial loan ... Assign call codes, NAICS codes, risk grade and risk rating score data accurately. * Review ...

Old National Bank

Credit Data Steward

Evansville, IN · On-site

$121K/yr

Reporting and Analytics Support * Ensure data supports accurate regulatory reports, credit risk reporting, portfolio management reporting, concentration monitoring and commercial loan analytics Key ...

previous page

Showing results 41-60

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.

Financial Analyst

South Bend, IN • On-site

Everwise Credit Union
See more jobs at Everwise Credit Unionexternal

Full-time

This job post has expired 1 day ago. Applications are no longer accepted.

Job description

Job Description:

Position Summary:

The Financial Analyst is an entry level role that supports Everwise by analyzing and reporting on the performance of consumer, mortgage, and commercial loan portfolios. This position helps monitor portfolio health, identify trends, and support data-driven lending and risk management decisions. The analyst is responsible for tracking key loan metrics such as delinquency, charge-offs, concentrations, and yields, and prepares routine reports for leadership. In addition, this role supports credit risk and regulatory processes, including allowance calculations and basic stress testing.

This position is ideal for someone early in their career who is detail-oriented, curious, and interested in building foundational knowledge of loan portfolios within a credit union environment.

The Financial Analyst is responsible for compiling, evaluating, and analyzing financial data for the credit union. This role will support the organization's corporate planning including budgeting, modeling, and analysis for financial decision-making.

Primary Responsibilities and Duties:

  • Reporting: Assist in loading, balancing, and organization of data as it is used in reporting systems.
  • Collect, validate, and organize financial data to ensure accuracy for system loads
  • Assist in financial analysis and forecasting under the guidance of management.
  • Conduct trend analysis and research to identify opportunities, risks, and variances.
  • Budgeting: Responsible for assisting in analyzing, loading, and maintaining financial data into the budget systems.
  • Assist by maintaining, collecting, and modifying budget templates for business partners.
  • Analyze historical performance and project future trends. Provide support for scenarios and sensitivity analysis by documenting and updating key stakeholder assumptions.
  • Review budget proposals from business units ensuring allocation of funds aligned with corporate strategy and
  • Audit and Support
    • Assist with regulatory, audit, and compliance related reporting.
  • Document processes and standards for reporting and data collection
  • Partner with internal stakeholders, external partners, and vendor relationships focusing on the growth and advancement of the Credit Union.
  • Participate in special projects and ad hoc analysis to build analytical and business knowledge.

Knowledge/Skills:

  • Exceptional communication skills, to include verbal, written, visual, and quantitative
  • Adept at developing relationships across diverse teams
  • Knowledge of cost accounting principles
  • Excellent analytical skills and ability to interpret financial data
  • Proficiency with contemporary business productivity and collaboration software such as Microsoft Office, Teams, and exceptional Excel skills
  • Collaborates well with individuals and teams

Minimum Requirements:

  • Bachelor's degree required.
  • 1-3 years' experience financial or analytic experience required.
  • Experience working within the financial services industry is strongly preferred.

Everwise is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.

Apply