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Credit Risk Analyst Jobs in Remote, OR (NOW HIRING)

Position description The Credit Analyst is responsible for reviewing P&C reinsurer credit risk ... managing reinsurer and reinsurance recoverable database, and quarterly reporting of reinsurance ...

Credit Risk Analyst information

See Remote, OR salary details

$37K

$113.8K

$197.3K

How much do credit risk analyst jobs pay per year?

As of Jul 26, 2026, the average yearly pay for credit risk analyst in Remote, OR is $113,769.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,400.00 and $140,400.00 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.

How much does a Credit Risk Analyst make?

The average salary for a Credit Risk Analyst is approximately $70,000 to $90,000 annually, depending on experience, location, and the company's size. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn higher compensation, often supplemented with bonuses and benefits.

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.

Will a credit analyst be replaced by AI?

Credit risk analysts perform tasks such as evaluating creditworthiness and analyzing financial data, which involve judgment and interpretation that AI currently cannot fully replicate. While AI tools can assist with data processing and risk modeling, human analysts are still essential for complex decision-making and nuanced assessments. The role is evolving to include managing AI outputs and maintaining oversight of automated systems.

Does credit risk pay well?

Credit risk analysts typically earn competitive salaries that vary by experience, location, and industry. Entry-level positions may start lower, but with experience and certifications like CFA or FRM, salaries can increase significantly, often reaching above the national average for financial roles.

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.

What do credit risk analysts do?

Credit risk analysts evaluate the creditworthiness of individuals or organizations to determine the likelihood of default on loans or credit agreements. They analyze financial data, credit reports, and market conditions using tools like spreadsheets and credit scoring models to assess risk and support lending decisions.
What are popular job titles related to Credit Risk Analyst jobs in Remote, OR? For Credit Risk Analyst jobs in Remote, OR, the most frequently searched job titles are:
What cities near Remote, OR are hiring for Credit Risk Analyst jobs? Cities near Remote, OR with the most Credit Risk Analyst job openings:
Infographic showing various Credit Risk Analyst job openings in Remote, OR as of July 2026, with employment types broken down into 56% Full Time, and 44% Part Time. Highlights an 50% In-person, and 50% Hybrid job distribution, with an average salary of $113,769 per year, or $54.7 per hour.
Reinsurance Credit Analyst

Other

Posted 13 days ago


Job description

Odyssey Reinsurance Company (OdysseyRe) is the global reinsurance arm of Odyssey Group, one of the world's leading providers of reinsurance and specialty insurance. OdysseyRe offers a broad range of property, casualty, and specialty reinsurance products, providing capital and risk management solutions for clients to efficiently manage economic risk through a network of branch and representative offices across North America, Latin America, EMEA (Europe, Middle East & Africa), AsiaPacific and London.

OdysseyRe is an equal opportunity employer with excellent benefits and a strong commitment to providing training and opportunities for our staff. We provide employees an innovative, enriching environment and take great pride in their career growth.

OdysseyRe is rated A+ (Superior) by AM Best and AA- (Very Strong) by Standard and Poor's. Odyssey Group is a subsidiary of Fairfax Financial Holdings Limited, which is traded on the Toronto Stock Exchange under the symbol FFH.

About the company

Odyssey Reinsurance Company (OdysseyRe) is the global reinsurance arm of Odyssey Group, one of the world's leading providers of reinsurance and specialty insurance. OdysseyRe offers a broad range of property, casualty, and specialty reinsurance products, providing capital and risk management solutions for clients to efficiently manage economic risk, through a network of branch and representative offices across North America, Latin America, EMEA (Europe, Middle East & Africa), AsiaPacific and London. 

OdysseyRe is rated A+ (Superior) by AM Best and AA- (Very Strong) by Standard and Poor's. Odyssey Group is a subsidiary of Fairfax Financial Holdings Limited, which is traded on the Toronto Stock Exchange under the symbol FFH.

Position description

The Credit Analyst is responsible for reviewing P&C reinsurer credit risk, managing reinsurer and reinsurance recoverable database, and quarterly reporting of reinsurance accounting information. This role ensures the accurate flow of reinsurance accounting information between globally located business units and the parent company.

 

Responsibilities and duties

  • Evaluate credit risks of over 1,500 P&C reinsurers through research and modeling of credit risk measures.
  • Set up and maintain Power BI database and reports.
  • Manage a reinsurer profile database of over 1,500 companies.
  • Liaise with over twenty-five globally located business units to collect reinsurance recoverable balance and counterparty information on a quarterly basis.
  • Create and distribute quarterly reports on reinsurance recoverable balances: database of reinsurer profile and consolidated balances and quarter-over-quarter variance analysis reports.
  • Track insurance company corporate actions: mergers and acquisitions, name changes, and operating status changes.
  • Track financial strength rating changes by major rating agencies.
  • Answer queries from globally located business units.

 

Qualifications

  • Experience in financial or credit analysis, typically gained through 4+ years of relevant work experience.
  • Strong analytical, organizational, and problem-solving skills.
  • Experience using Microsoft Office applications, including Excel, Word, Access, and Power BI.
  • Effective written and verbal communication skills and the ability to collaborate with global stakeholders.
  • Experience in the P&C insurance industry and/or reinsurance accounting is preferred.
  • Equivalent combinations of education, training, and experience will be considered.

We are an E-Verify employer - all hired positions require successfully passing an E-Verify Check.  

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