1

Credit Risk Associate Salary Jobs (NOW HIRING)

Credit Risk Associate

Chicago, IL · On-site

$73K - $100K/yr

Exempt The Credit Risk Associate will analyze and mitigate credit risk exposure for RWEA. Role ... The listed salary range represents our good faith estimate for this position and represents the ...

New

\n \n \n Prestigious International bank seeks a Bilingual Japanese Associate who has experience of analyzing the credit risk of corporate finance. Main coverage includes bilateral, structured and ...

next page

Showing results 1-20

Credit Risk Associate Salary information

See salary details

$50K

$109.3K

$183K

How much do credit risk associate salary jobs pay per year?

As of Jun 24, 2026, the average yearly pay for credit risk associate salary in the United States is $109,314.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,000.00 and $142,000.00 per year, depending on experience, location, and employer.

How much does a credit risk associate make?

The average salary for a credit risk associate typically ranges from $60,000 to $85,000 annually, depending on experience, location, and the company's size. Entry-level positions may start lower, while experienced professionals or those in major financial hubs can earn higher compensation, often supplemented with bonuses and benefits.

What is the salary of credit risk associate in JP Morgan?

The salary of a Credit Risk Associate at JP Morgan typically ranges from $70,000 to $100,000 annually, depending on experience, location, and performance. Entry-level positions may start lower, while experienced associates or those in senior roles can earn higher compensation, often supplemented with bonuses and benefits.

What is the difference between Credit Risk Associate Salary vs Credit Analyst Salary?

AspectCredit Risk AssociateCredit Analyst
Required CredentialsBachelor's degree, certifications like CFA or credit risk coursesBachelor's degree, certifications like CFA or financial analysis courses
Work EnvironmentFinancial institutions, risk management teamsBanks, lending institutions, financial services
Employer & Industry UsageUsed in risk management roles within financeCommon in credit analysis and lending departments

Both roles often require similar educational backgrounds and certifications, and they operate within financial institutions. While Credit Risk Associates focus on assessing and managing risk exposure, Credit Analysts primarily evaluate creditworthiness of clients. Salary differences depend on experience and location but generally remain comparable within the finance industry.

Is risk analyst a high paying job?

A risk analyst role, including credit risk analysts, typically offers competitive salaries that can increase with experience, certifications, and industry. While not among the highest-paying jobs overall, risk analysts in finance and banking often earn above average wages compared to other entry-level positions.

What are the typical career advancement opportunities for a Credit Risk Associate within the financial industry?

As a Credit Risk Associate, you can expect clear pathways for career progression, often advancing to Senior Associate, Credit Risk Manager, or specialized roles within risk management. Many organizations offer mentorship, training, and rotational programs to help associates develop analytical and decision-making skills needed for more senior positions. Advancement is typically based on demonstrated expertise in assessing creditworthiness, collaborating effectively with cross-functional teams, and managing increasingly complex portfolios. Proactive engagement in professional development and taking on challenging projects can accelerate your growth within this field.

What is the average salary for a Credit Risk Associate?

The average salary for a Credit Risk Associate in the United States typically ranges from $70,000 to $100,000 per year, depending on factors such as experience, location, and the size of the employer. Entry-level positions may start around $60,000, while those with several years of experience or in major financial centers like New York City can earn over $110,000. Bonuses and additional compensation may also be offered, especially at larger banks or financial firms.

How much do credit associates make?

Credit Risk Associates typically earn between $50,000 and $70,000 annually, depending on experience, location, and the size of the organization. Entry-level positions may start lower, while experienced professionals with specialized skills can earn higher salaries. Certifications such as the Credit Risk Certification can also influence compensation.

What are the key skills and qualifications needed to thrive as a Credit Risk Associate, and why are they important?

To thrive as a Credit Risk Associate, you need strong analytical skills, financial acumen, and a degree in finance, economics, or a related field. Familiarity with financial modeling tools, risk assessment software, and proficiency in Excel or SQL are typically required. Attention to detail, effective communication, and problem-solving abilities help professionals stand out in this position. These skills are crucial for evaluating creditworthiness, mitigating risk, and supporting sound lending decisions in financial institutions.
More about Credit Risk Associate Salary jobs
What cities are hiring for Credit Risk Associate Salary jobs? Cities with the most Credit Risk Associate Salary job openings:
What states have the most Credit Risk Associate Salary jobs? States with the most job openings for Credit Risk Associate Salary jobs include:
What job categories do people searching Credit Risk Associate Salary jobs look for? The top searched job categories for Credit Risk Associate Salary jobs are:
Infographic showing various Credit Risk Associate Salary job openings in the United States as of June 2026, with employment types broken down into 66% Full Time, 32% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $109,314 per year, or $52.6 per hour.

Credit Risk Associate

RWE

Chicago, IL • On-site

$73K - $100K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted yesterday


Job description


RWE Americas, LLC
To start as soon as possible, full time, permanent
Functional area: Finance / Controlling
Remuneration: Exempt

The Credit Risk Associate will analyze and mitigate credit risk exposure for RWEA.

Role Responsibilities:

  • Assess and monitor counterparty credit exposures, including payment, performance, and supplier risks, for assigned portfolios primarily in North America
  • Prepare concise credit reports and rating assessments using financial statements, rating agency reports, and market news to support internal approvals. Utilize AI per policy guidelines, verifying data accuracy
  • Set up, monitor and maintain counterparty profiles, credit limits, and collateral requirements within RWE Credit Risk systems under supervision
  • Support credit risk initiatives and internal reporting through accurate data collection and maintenance, including incoming and outgoing collateral
  • Utilize credit risk systems to input, track and manage credit exposures in line with policies and procedures
  • Collaborate with Legal and Front/Back Office teams to review credit requirements and ensure compliance with contractual terms

Job Requirements and Experiences:

  • Bachelor's degree or equivalent in business administration, finance or economics required
  • Minimum 1 year of experience in counterparty credit management within the energy, utilities, or banking sectors
  • Experience in analysis of corporate and financial institutions from a credit risk, balance sheet, and cash flow perspective
  • Working knowledge of different contracts e.g. ISDA, PPA's, REC, and the credit terms within those contracts is a plus
  • Experience successfully prioritizing and completing work independently, demonstrating initiative, dependability, and strong self-motivation
  • Proven ability to build relationships and effectively communicate with people from a diverse set of backgrounds
  • Ability to work within tight deadlines
  • Ability to work independently and as part of a team
  • Must be able to sit, walk or stand for long durations of time
  • Strong interpersonal skills, with ability to manage customer relationships
  • Demonstrated desire to learn about the Company and the renewables space
  • Excellent proficiency with Microsoft Office (Excel, Word, PowerPoint, Outlook) and Teams
  • Strong leadership and communication, and ability to meet deadlines
  • Strong organization skills and ability to coordinate multiple tasks and deliverables
  • Ability to multi-task, while working independently and as part of a team
  • Motivated self-starter, goal-oriented, and strong problem-solving abilities
  • Proven ability to empathize, build relationships, and effectively communicate with people from a diverse set of backgrounds
  • Responds well to direction, is easy to challenge and develop, and is coachable
  • Is detail-oriented, has strong business acumen, and a sound understanding of business concepts

Applicants must be legally authorized to work in the United States. RWE Americas is unable to sponsor or take over sponsorship of employment visas at this time.

Pay range: The annual base salary range for this position in Illinois is $73,000 - $100,000. The listed salary range represents our good faith estimate for this position and represents the range for new hire salaries across all U.S locations. Please note that the salary information is a general guideline only. RWE considers factors such as (but not limited to) scope and responsibilities of the position, candidate's education & work experience, training & certifications, and key skills as well as market and business considerations at the time of the offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays. Eligible employees also participate in short-term incentives, in addition to salary.
Apply with just a few clicks: ad code 92702
Any questions? Contact HR: rwe_americas_recruiting@rwe.com 
We look forward to meeting you. Of course, you can find us on LinkedIn, Instagram, Facebook, YouTube and Xing, too.
All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.
RWE Americas, a subsidiary of RWE, is a US-based energy company that is helping to meet the growing demand for energy across the United States. Backed by RWE's 125-year global legacy of managing diverse power assets, RWE Americas operates approximately 13 GW of power projects across 27 states. With a talented workforce of 2,000 employees, RWE Americas develops, constructs and operates wind, solar and battery storage projects, along with natural gas-powered generation, that safely deliver affordable, reliable electricity to our customers. Committed to responsible development, RWE Americas invests in local and rural communities, creating jobs and partnering with stakeholders to support and strengthen the places where we live and work. Learn more about how RWE Americas is generating impact at americas.rwe.com.

At RWE Americas, we foster a culture defined by our Essential Behaviors - Have Courage, Create Impact and Actively Collaborate. We encourage bold thinking and continuous learning, and we value ownership, resilience and inclusion in everything we do. When you join us, you become part of a team that supports your development, respects your contributions and celebrates shared success. This is a place where you can grow your career and make a meaningful difference.