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Credit Risk Analyst Jobs in Birmingham, AL (NOW HIRING)

First Horizon Bank

Risk Consultant

Birmingham, AL · On-site

This role works closely with Credit Risk, Finance, and Data teams to develop analytical solutions, improve reporting efficiency and support risk management and business needs. The ideal candidate is ...

Robert Half

Credit and AR Manager

Birmingham, AL · On-site

$100K - $125K/yr

Manage credit risk by reviewing customer exposure, approving credit decisions, and overseeing bad ... Prepare and distribute monthly AR reporting, portfolio analysis, and management dashboards.

ServisFirst Bank

Credit Analyst

Birmingham, AL · On-site

DUTIES AND RESPONSIBILITIES The Credit Analyst is responsible for producing various Board and loan ... lending risk * Order REIS reports as requested * Conduct collateral and other code reviews and ...

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All JobsCredit Risk Analyst JobsCredit Risk Analyst Jobs in Birmingham, AL

Credit Risk Analyst information

See Birmingham, AL salary details

$34.7K

$106.7K

$185.1K

How much do credit risk analyst jobs pay per year?

As of Aug 7, 2026, the average yearly pay for credit risk analyst in Birmingham, AL is $106,728.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,300.00 and $131,700.00 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 the most commonly searched types of Credit Risk Analyst jobs in Birmingham, AL? The most popular types of Credit Risk Analyst jobs in Birmingham, AL are:
What are popular job titles related to Credit Risk Analyst jobs in Birmingham, AL? For Credit Risk Analyst jobs in Birmingham, AL, the most frequently searched job titles are:
What job categories do people searching Credit Risk Analyst jobs in Birmingham, AL look for? The top searched job categories for Credit Risk Analyst jobs in Birmingham, AL are:
Credit Risk Analyst jobs near you
Infographic showing various Credit Risk Analyst job openings in Birmingham, AL as of August 2026, with employment types broken down into 95% Full Time, and 5% Contract. Highlights an 85% In-person, and 15% Remote job distribution, with an average salary of $106,728 per year, or $51.3 per hour.

Credit Risk Review Examiner

Regions Financial Corporation

Birmingham, AL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 3 days ago

Regions Bank rating

8.1

Company rating: 8.1 out of 10

Based on 158 frontline employees who took The Breakroom Quiz

65th of 170 rated banks

Job description

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions' Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description:
At Regions, the Credit Risk Review Examiner continuously monitors and examines activities. This position assesses and reports the status and direction of credit risk within the assigned portfolios. The Examiner identifies risk direction drivers, evaluates origination quality, portfolio quality, and elements of credit risk management by review of various credit metrics, transaction testing, and periodic interaction with first and second line of defense business managers, staff, and other risk assessment functions. They identify issues that require management attention and will communicate and summarize review findings in applicable report format for risk rating accuracy, policy compliance, and prudent credit risk management practices.
Primary Responsibilities
  • Serves as a subject matter expert and maintains an advanced knowledge of sound lending practices, lending regulations, and the bank's loan policy and underwriting guidelines
  • Reviews credit exposures to provide assurance of compliance with Regions' credit policies as well as safe and sound banking practices
  • Participates and/or takes a leadership role in credit risk review examinations, which may include horizontal reviews that cross lines of business and geographies with minimal guidance from management
  • Develops and maintains positive working relationships with line of business management, credit risk management, audit staff, and other departments
  • Analyzes trends in key quality and performance metrics, reviews transactions, and assesses processes associated with the origination and servicing of assigned loan portfolios
  • Leads the identification and monitoring of evolution of key risk direction drivers for assigned portfolios
  • Independently performs ad hoc analysis of often complex credit risk issues, frequently requiring aggregation of transaction data through use of spreadsheet or database software
  • Maintains specialized knowledge as required for assigned lines of business, which may include expertise required to assess periodic validation of credit scoring models, understanding portfolio valuation techniques, etc.
  • Proposes appropriate ratings and risk direction assessments and participates in developing findings and conclusions, presenting results to senior managers, and in completing written reports within departmental guidelines
  • Maintains information or work papers to support review process and findings
  • Maintains a thorough knowledge of credit risk review procedures, sound lending practices, credit policies, and regulatory requirements
  • May serve as lead review analyst for assigned line(s) of business for continuous monitoring of credit risk conducted between examinations
  • Collaborates with senior management in maintaining relevant knowledge of evolving and changing regulations and policies
  • Collaborates with senior management in the development of team goals and objectives, ensuring consistent achievement
  • Offers advice and guidance to junior examiners, assisting in the development of necessary skills and the promotion of continuous improvement initiatives

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
This position is incentive eligible.
Requirements
  • Bachelor's degree in related field
  • Twelve (12) years of credit-related experience, or eight (8) years of third line of defense credit risk assurance, regulatory, or credit approval/management experience
  • Experience writing risk management review reports

Skills and Competencies
  • Ability to learn additional systems as needed
  • Ability to research, analyze data, and derive facts
  • Ability to work in a team environment when applicable
  • Ability to work under pressure and meet deadlines
  • Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
  • Strong verbal, written communication, and organizational skills
  • Strong work ethic and self-motivation

Position Type
Full time
Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Minimum:
$116,304.65 USD
Median:
$165,820.00 USD
Incentive Pay Plans:
This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance.Opportunity to participate in the Long Term Incentive Plan.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
  • Paid Vacation/Sick Time
  • 401K with Company Match
  • Medical, Dental and Vision Benefits
  • Disability Benefits
  • Health Savings Account
  • Flexible Spending Account
  • Life Insurance
  • Parental Leave
  • Employee Assistance Program
  • Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions' benefits, please click or copy the link below to your browser.
https://www.regions.com/about-regions/welcome-portal/benefits
Location Details
Regions Center
Location:
Birmingham, Alabama
Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

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