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Credit Risk Analyst Jobs in Minnesota (NOW HIRING)

Lendable Ltd

Senior Credit Risk Manager

Virginia, MN · On-site

$200 - $250/hr

# Senior Credit Risk Manager* Virginia* Full Time (Permanent)* Hybrid* 175-250k* Loans US CreditApply ... You will own core analytical infrastructure that underpins how we improve credit strategy, evaluate ...

Minnesota Bankers Association

Credit Analyst

Mankato, MN · On-site

$60 - $80/hr

In this position you will be collecting, analyzing, and interpreting financial data and financial information to evaluate and mitigate credit risk, as well as determining the appropriate credit risk ...

United Prairie Bank

Credit Analyst

Mankato, MN · Hybrid

$56K - $84K/yr

Job Overview: In this position you will be collecting, analyzing, and interpreting financial data and financial information to evaluate and mitigate credit risk, as well as determining the ...

United Prairie Bank

Credit Analyst

Mankato, MN · On-site

$27.34 - $40.45/hr

Job Overview: In this position you will be collecting, analyzing, and interpreting financial data and financial information to evaluate and mitigate credit risk, as well as determining the ...

Compeer Financial

Prin Credit Officer Risk

Mankato, MN · On-site

This position is responsible for the management and servicing of complex high risk asset portfolio ... Credit Analysis and Decision Making * Analyzes complex financial and supporting information ...

Compeer Financial

Prin Credit Officer Risk

Mankato, MN · Hybrid

This position is responsible for the management and servicing of complex high risk asset portfolio ... Credit Analysis and Decision Making * Analyzes complex financial and supporting information ...

Compeer Financial

Prin Credit Officer Risk

Mankato, MN · On-site

This position is responsible for the management and servicing of complex high risk asset portfolio ... Credit Analysis and Decision Making * Analyzes complex financial and supporting information ...

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All JobsCredit Risk Analyst JobsCredit Risk Analyst Jobs in Minnesota

Credit Risk Analyst information

See Minnesota salary details

$36.2K

$111.5K

$193.4K

How much do credit risk analyst jobs pay per year?

As of Sep 8, 2026, the average yearly pay for credit risk analyst in Minnesota is $111,536.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,800.00 and $137,600.00 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 Minnesota?

The most popular types of Credit Risk Analyst jobs in Minnesota are:

What are popular job titles related to Credit Risk Analyst jobs in Minnesota?

For Credit Risk Analyst jobs in Minnesota, the most frequently searched job titles are:

What job categories do people searching Credit Risk Analyst jobs in Minnesota look for?

The top searched job categories for Credit Risk Analyst jobs in Minnesota are:

What are popular job titles related to Credit Risk Analyst jobs in MN?

For Credit Risk Analyst jobs in MN, the most frequently searched job titles are:

Credit Risk Analyst jobs near you
Infographic showing various Credit Risk Analyst job openings in Minnesota as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 11% Part Time, and 2% Contract. Highlights an 87% Physical, 4% Hybrid, and 9% Remote job distribution, with an average salary of $111,536 per year, or $53.6 per hour.

Credit Risk Insights Manager - Credit Strategy Lead

US Bank

Minneapolis, MN

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago

U.S. Bank rating

8.1

Company rating: 8.1 out of 10

Based on 364 frontline employees who took The Breakroom Quiz

67th of 176 rated banks

Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

About the CRA Team

We are a highly dynamic and talented team which delivers on our mission through four pillars: Customer, Process, Talent, and Data.

Vision | We create the future of credit risk management through data, analytics, and risk process innovation for our customers.

Mission | We deliver data-driven information solutions to protect our stakeholders and inform the most significant financial decisions in the bank.

Values | In addition to U.S. Bank core values, we prioritize collaboration, integrity, simplicity, and continuous learning.

About the Role

In this role, you will serve as a senior individual contributor helping transform wholesale credit risk reporting and analytics for Credit Risk Management (CRM). You will partner closely with Credit Strategy, portfolio risk managers, and subject matter experts to deliver insights that support strategic decision-making across areas such as internal risk limits, credit concentrations, risk rating trends, portfolio monitoring, and broader credit risk management activities.

Responsibilities include gathering and translating business requirements into reporting and analytical solutions, leading reporting transformation initiatives, and establishing reliable, scalable, and standardized processes. You will leverage tools such as SQL, Power BI, Power Apps, and Power Automate to modernize reporting capabilities, improve data accessibility, and deliver actionable risk insights.

Success in this role requires strong analytical skills, credit risk knowledge, and the ability to influence outcomes through expertise, collaboration, and data-driven recommendations.

Key Activities

  • Partner with Credit Strategy and portfolio risk managers to design, enhance, and productionalize credit risk reporting and analytics for wholesale portfolios.

  • Deliver reporting and analytical solutions that support internal risk limits, concentration risk monitoring, risk rating oversight, and portfolio management activities.

  • Identify, design, and execute opportunities to improve reporting efficiency, automation, and data quality.

  • Translate complex business requirements into scalable dashboards, datasets, and reporting processes.

  • Collaborate with technology, data management, and risk teams to implement sustainable reporting solutions and resolve data-related issues.

  • Develop executive-level reporting and insights that inform risk management and strategic decision-making.

Core Competencies:

  • Wholesale Credit Risk Knowledge

  • Credit Portfolio Analytics

  • Data Visualization & Storytelling

  • Process Improvement & Automation

  • Power BI Development

  • SQL/Python Programming

  • Risk Reporting & Governance

  • Stakeholder Management & Influence

Basic Qualifications

  • Bachelor's degree, or equivalent work experience

  • Typically more than eight years of applicable experience

Preferred Skills

  • Strong experience with Power BI, Power Automate, and Power Apps

  • Strong knowledge of credit risk management concepts in wholesale lending

  • 10+ years of experience using SQL, Python, or similar analytical programming languages.

  • Experience building complex analytical dashboards and executive reporting solutions.

  • Ability to independently manage multiple priorities and drive reporting transformation initiatives.

  • Strong collaboration and communication skills across risk, strategy, technology, and data management teams.

  • Extensive analytical and problem-solving skills to investigate, remediate, and improve reporting and data processes.

  • Ability to synthesize complex information into clear, actionable insights for senior leaders.

*This role requires working from a U.S. Bank location three (3) or more days per week.

**We are hiring in the following locations:

  • Denver, CO

  • Minneapolis, MN

  • Charlotte, NC

  • Cincinnati, OH

  • Irving, TX

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $111,605.00 - $131,300.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.

What U.S. Bank employees say

Pay

Benefits

Hours and flexibility

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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

Social media

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