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Credit Risk Analyst Jobs in Alhambra, CA (NOW HIRING)

Vets Hired

Credit & Collection Specialist

Cypress, CA

$23 - $30.75/hr

Analyze creditworthiness and assign appropriate credit limits. * Review and release credit holds based on risk assessments. * Monitor customer payment activity and collection efforts. * Investigate ...

TriSearch

Assistant Credit Manager

Los Angeles, CA · Hybrid

$68K - $113K/yr

This is a newly created position for the company designed for an independent, high-performing individual contributor who can evaluate commercial credit risk, analyze large receivables portfolios ...

US Bank

Impact Finance Officer

Los Angeles, CA

... credit risk strategy and ensure we meet core business objectives Self-starter, ability to quickly assimilate and analyze large amounts of information across a variety of topics Strong tenacity and ...

Sunbit

Analytics Manager, Credit Cards

Los Angeles, CA · On-site

$170K/yr

Analytics Manager, Credit Cards Location: Remote Reports To: Head of Business Analytics The ... This is a high-impact individual contributor role that sits at the intersection of Credit Risk ...

Sunbit

Analytics Manager, Credit Cards

Los Angeles, CA · On-site +1

Analytics Manager, Credit Cards Location: Remote Reports To: Head of Business Analytics The Company ... This is a high-impact individual contributor role that sits at the intersection of Credit Risk ...

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All JobsCredit Risk Analyst JobsCredit Risk Analyst Jobs in Alhambra, CA

Credit Risk Analyst information

See Alhambra, CA salary details

$39K

$120.1K

$208.3K

How much do credit risk analyst jobs pay per year?

As of Aug 15, 2026, the average yearly pay for credit risk analyst in Alhambra, CA is $120,100.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,000.00 and $148,200.00 per year, depending on experience, location, and employer.

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 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 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 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 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.

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 popular job titles related to Credit Risk Analyst jobs in Alhambra, CA?

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

What cities near Alhambra, CA are hiring for Credit Risk Analyst jobs?

Cities near Alhambra, CA with the most Credit Risk Analyst job openings:

Credit Risk Analyst jobs near you
Infographic showing various Credit Risk Analyst job openings in Alhambra, CA as of August 2026, with employment types broken down into 51% Full Time, and 49% Part Time. Highlights an 60% In-person, and 40% Hybrid job distribution, with an average salary of $120,100 per year, or $57.7 per hour.

Credit Risk Manager - CREB Community Development Banking

Bank of America

Los Angeles, CA • On-site

Full-time

PTO

Re-posted 5 hours ago

Bank Of America rating

8.2

Company rating: 8.2 out of 10

Based on 527 frontline employees who took The Breakroom Quiz

51st of 171 rated banks

Job description

Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This job is responsible for overall portfolio or product set performance and asset quality and may include credit approval authority. Key responsibilities include focusing on but not limited to credit, market, and reputational risk; as well as adherence to credit risk policies and external/internal reporting, including but not limited to Top of House (TOH) and Line of Business (LOB) specific reports or regulatory related reporting. Job expectations include having detailed knowledge of regulatory issues and providing expertise on highly complex transactions to business/support partners.
Responsibilities:
  • Sets or oversees the ongoing management of risk parameters and guardrails for credit risk while ensuring adherence to risk appetite/limits, and actively inspects and/or designs risk scenarios to implement decisions
  • Supports or oversees the credit approval process and therefore is accountable for overall portfolio performance and asset quality, including underwriting, structuring and monitoring tasks
  • Conducts analysis, inspects and/or develops credit risk reporting for specific products, and monitors and reports on key indicators for changes in credit quality to communicate to senior management
  • Sets or oversees adherence to policy and standards and ensures first line credit officers and managers are appropriately performing due diligence that the risk is within the bank's defined risk appetite, using knowledge of stress testing and its applicability to credit risk
  • Monitors for adherence to industry risk governance, as well as monitoring for potential operational, reputational and market risk issues
  • Identifies risks early that could impact the assigned portfolio and coordinates with business counterparts to resolve portfolio issues
  • Translates and manages plans of action to achieve a goal across varying audiences
  • Position requires knowledge and experience with an affordable housing loan portfolio and tax credit investment product set, especially Low Income Housing Tax Credit investments.
  • Position provides credit policy and portfolio management guidance to business partners. Responsible for West Region CDB portfolio and that region's production offices.
  • Mandatory components of the position are applying Credit Risk Policy, overseeing portfolio reviews, forecasting regional asset quality performance, studying industry practices, and working with Credit Officer and Underwriter teammates from deal screening through credit approval, legal documentation and closing. Position will also focus on quick resolution of any problem loans/equity investments should issues arise.
  • Position will have joint credit approval authority, provide expertise on complex transactions having both debt and equity investment exposures, and ensure all approvals and decisions are consistent with the Bank's Risk Framework.
  • Position works directly with the business managers, product and marketing managers, legal, corporate finance, regulatory and executive risk management while managing risks for a multi-state territory.
  • Role provides guidance and mentoring to junior associates and will have input for policy content when updating and reviewing policies applicable to Community Development Banking debt and equity products.
  • Position requires a bias for action and a commitment to achieving sustainable results.
  • Role may require occasional travel for direct client contact or project and market inspections

Required Qualifications:
  • 10+ years of related experience within a financial institution or at least 5+ years of direct experience with federal tax credit investments
  • Must have superior communication and credit skills
  • Knowledge of the primary functions of Community Development Banking teams at Bank of America
  • Credit analysis and underwriting experience for multifamily housing, including financial accounting principles, loan structuring, and experience with interest rate protection products.
  • Technical knowledge and skills pertinent to federal and state tax credit equity investments (especially Low Income Housing Tax Credits and Historic Tax Credits), or prior experience in a risk management role.
  • Requires close working relationships with various business partners.

Skills:
  • Credit and Risk Assessment
  • Critical Thinking
  • Risk Analytics
  • Risk Management
  • Strategic Thinking
  • Decision Making
  • Interpret Relevant Laws, Rules, and Regulations
  • Issue Management
  • Portfolio Analysis
  • Regulatory Compliance
  • Business Intelligence
  • Financial Accounting
  • Inclusive Leadership
  • Influence
  • Presentation Skills

Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - CA - Los Angeles - 333 S HOPE ST - BANK OF AMERICA PLAZA (CA9193), US - CA - San Francisco - 555 California St - Bofa Center - 555 California (CA5705)
Pay and benefits information
Pay range
$137,000.00 - $197,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

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About Bank Of America

Sourced by ZipRecruiter

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

Year founded

1998

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