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Credit Risk Analyst Jobs in Rochester, NY (NOW HIRING)

Sr. Middle Market Banker

Webster, NY · On-site

$180K - $210K/yr

Analyze financial statements and related credit material to stay apprised of client performance and assess risk on a continuous basis in conjunction with Portfolio Management * Complete loan closings ...

Sr. Middle Market Banker

Webster, NY · On-site

$180K - $210K/yr

Analyze financial statements and related credit material to stay apprised of client performance and assess risk on a continuous basis in conjunction with Portfolio Management * Complete loan closings ...

Provide practical legal guidance to senior leadership, identifying and managing legal risk and ... Analyze change-of-control, consent, and notice provisions across advisory, credit, and commercial ...

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Credit Risk Analyst information

See Rochester, NY salary details

$36.5K

$112.4K

$194.9K

How much do credit risk analyst jobs pay per year?

As of Jul 13, 2026, the average yearly pay for credit risk analyst in Rochester, NY is $112,363.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,400.00 and $138,600.00 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 the most commonly searched types of Credit Risk Analyst jobs in Rochester, NY? The most popular types of Credit Risk Analyst jobs in Rochester, NY are:
What are popular job titles related to Credit Risk Analyst jobs in Rochester, NY? For Credit Risk Analyst jobs in Rochester, NY, the most frequently searched job titles are:
What job categories do people searching Credit Risk Analyst jobs in Rochester, NY look for? The top searched job categories for Credit Risk Analyst jobs in Rochester, NY are:
What cities near Rochester, NY are hiring for Credit Risk Analyst jobs? Cities near Rochester, NY with the most Credit Risk Analyst job openings:
Infographic showing various Credit Risk Analyst job openings in Rochester, NY as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 82% Full Time, 11% Part Time, 1% Temporary, and 4% Contract. Highlights an 81% Physical, 5% Hybrid, and 14% Remote job distribution, with an average salary of $112,363 per year, or $54 per hour.
Budget and Financial Analyst Associate

Budget and Financial Analyst Associate

King's Daughters

Pavilion, NY • On-site

Full-time

Posted 2 days ago


King's Daughters Health System rating

6.3

Company rating: 6.3 out of 10

Based on 82 frontline employees who took The Breakroom Quiz

668th of 882 rated healthcare providers


Job description

At UK King's Daughters, we're not just a healthcare facility - we're a family of dedicated professionals who share a passion for making a meaningful difference in the lives of our patients. We're more than just a place to work; we're a place to grow, thrive, and contribute to our community.

Job Description:

Job Summary

Supports budgeting, forecasting, and financial analysis activities by assisting in the preparation and review of expense and revenue budgets. Collects, validates, and organizes financial data from hospital departments to support budget planning, spending, and operational decision-making. Works under supervision, collaborating with Finance team members and departmental leaders to respond to budget inquiries, generate reports, and review variances.


Essential Functions

Assists in generating monthly budget and financial reports, ensuring data is accurately compiled and submitted on time.

Assists in creating reports using ERP, payroll, and patient billing systems, extracting and organizing data as directed by senior team members.

Supports the annual budgeting process by entering data, generating reports, and tracking changes under supervision, ensuring timely completion.

Assists in preparing and reconciling work papers for fiscal year-end close, audit, and cost reporting, following guidance from senior Finance team members.

Supports monthly financial closings and statement preparation by reviewing journal entries and performing account reconciliations under guidance.

Assists with cost reporting and reimbursement activities as directed.

Assists in the preparation of the annual operating budget by maintaining budget templates, reviewing submissions, and consolidating departmental budgets.

Assists in conducting basic financial reviews and variance analysis under supervision.

Identifies opportunities for improvement and shares observations with senior team members for consideration.

Performs other duties as assigned.


Education Requirement

Bachelor's degree in accounting, finance, business administration, or a related field


Experience Requirement

0-2 years of experience in accounting, finance, or a relevant area

An equivalent combination of education and experience may be considered. All experience must be paid and in the same related field. Part-time and PRN experience will be prorated based on hours worked per week. Volunteer work and internships for academic credit are not counted.


Certifications & Licensures

N/A


Working Conditions

A. Lifting, pushing, and/or pulling objects up to 50lbs: 2. Occasional (< 10% of the time)

B. Lifting, pushing, and/or pulling objects over 50lbs: 1. Never

C. Standing or walking with objects up to 10lbs: 3. Intermittent (10% - 50% of the time)

D. Standing or walking with objects up to 25lbs: 2. Occasional (< 10% of the time)

E. Sitting at computer workstation for extended periods: 3. Intermittent (10% - 50% of the time)

F. Risk of back injury from moving, lifting or positioning patients, equipment, or materials: 1. Never

G. Repetitive motion: 3. Intermittent (10% - 50% of the time)

H. Working at heights above 4 feet: 1. Never

I. Working in confined spaces: 1. Never

J. Risk of injuries from use of equipment on the job: 1. Never

K. Job-related travel: 2. Occasional (< 10% of the time)

L. Loud noises: 1. Never

M. Temperature extremes: 1. Never

N. Hazardous chemicals and fumes including waste: 1. Never

O. Radiation: 1. Never

P. Burns: 1. Never

Q. Cuts/Punctures: 1. Never

R. Bloodborne/airborne pathogens: 1. Never

S. Recombinant DNA or viral vectors: 1. Never

T. Combative/violent people: 1. Never

U. Animal handling (including carcasses): 1. Never

V. Please specify other(s) and amount of exposure (i.e. Occasional, Intermittent or Regular): N/A


Physical Demands

This position requires intermittent sitting at a computer workstation for extended periods of time; performing tasks with repetitive motions; intermittent standing or walking with objects weighing up to 10 pounds; occasional standing or walking with objects up to 25 pounds; and occasional lifting, pushing, and/or pulling objects weighing up to 50 pounds.


Department:

Budget and Business Analytics

Shift:

Days (United States of America)

Time Type:

Full time

Address:

2000 Ashland Drive

City, State:

Ashland, Kentucky

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