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Credit Risk Associate Salary Jobs in Arizona (NOW HIRING)

Risk Manager - Credit and Debit Cards

Tempe, AZ ยท On-site

$119K - $140K/yr

... the credit/debit card risk and control framework - Regulatory expertise in the following ... Paid vacation (from two to five weeks depending on salary grade and tenure) * Up to 11 paid holiday ...

Underwriter IV- LIHTC/Tax Credit

Phoenix, AZ ยท On-site

$91K - $202K/yr

If relevant, performs ongoing credit risk management for assigned portfolio. Coaches and/or reviews ... 800.00 Salaries may vary based on geographic location, market data and on individual skills ...

Commercial Credit Associate (CRE)

Scottsdale, AZ ยท On-site

$26.44 - $33.65/hr

Max USD $33.65/Hr. Job Summary The Credit Associate is an entry-level role responsible for ... the credit risk management process. WaFd Bank is proud of the high value that we all place on ...

Commercial Credit Associate (CRE)

Scottsdale, AZ ยท On-site

$26.44 - $33.65/hr

Job Summary The Credit Associate is an entry-level role responsible for supporting Credit Analysts ... the credit risk management process. WaFd Bank is proud of the high value that we all place on ...

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Credit Risk Associate Salary information

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.

What does a credit risk associate do?

A credit risk associate evaluates the creditworthiness of individuals or businesses to determine the likelihood of default on loans or credit agreements. They analyze financial statements, credit reports, and market data, often using risk assessment tools and models, to support lending decisions and manage credit portfolios.

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.

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.
What are popular job titles related to Credit Risk Associate Salary jobs in Arizona? For Credit Risk Associate Salary jobs in Arizona, the most frequently searched job titles are:
What job categories do people searching Credit Risk Associate Salary jobs in Arizona look for? The top searched job categories for Credit Risk Associate Salary jobs in Arizona are:
What cities in Arizona are hiring for Credit Risk Associate Salary jobs? Cities in Arizona with the most Credit Risk Associate Salary job openings:
Infographic showing various Credit Risk Associate Salary job openings in Arizona as of August 2026, with employment types broken down into 87% Full Time, 10% Part Time, and 3% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution.

Senior Credit Risk Review Director

Western Alliance Bank

Scottsdale, AZ โ€ข On-site

$299K - $370K/yr

Other

Medical, Dental, Retirement

Posted 6 days ago


Job description

Job Title:
Senior Credit Risk Review Director
Location:
Scottsdale
What you'll do:
As a Credit Risk Review Senior Director you'll plan and execute multiple credit assurance, advisory, and oversight services for the Bank's second line of defense responsible for the management of credit risk known as the Credit Risk and Review Group. You'll provide credit assurance and advisory services with respect to all credit risk processes and related regulatory expectations, as well as matters involving new policy formulation, policy revisions, credit grading, specific loan loss reserves and new business initiatives. One of your key responsiblities is to interact with lines of business leaders, regulatory agencies and internal/external auditors to ensure an effective, risk-focused function, and adequate depth/breadth of coverage. Our Credit Risk review Directors demonstrate an excellent knowledge of regulatory requirements and expectations pertaining to credit risk management.
  • Responsible for supporting the Credit Risk Review team in building and maintaining a cohesive and cooperative culture within the Credit Risk & Review Group.
  • Source and develop depth of talent and expertise within the team which supports succession and sustainability of well-defined processes.
  • Formulate and maintain departmental policy and procedure manuals, as well as a variety of management-level reports.
  • Ensure the financial soundness of the Bank by identifying, assessing, and escalating credit risk to the Head of Credit Risk & Review Group and other key stakeholders.
  • Execute and lead a dedicated team's execution of continuous quarterly credit file examination activities and/or credit process review engagements.
  • Execute and lead a coverage team's execution of quarterly analyses of the credit quality trends of the loan portfolios of assigned reviewable business units or risk segments.
  • Perform proper risk-based sampling techniques for scoping continuous file reviews and process reviews; determine the need for expanding scope and adjusting exam procedures, as appropriate; guide less experienced reviewers in determining the accuracy of assigned risk ratings and analyzing borrower risk attributes and risk factors; review the work papers of other Credit Risk Review Officers; and provide constructive feedback as required.
  • Properly evaluate changes or weaknesses within Credit Administration processes or policies and effectively inspire line management and Credit Administration to acknowledge issues and operate with appropriate sense of urgency and focus on their timely clearing of identified deficiencies.
  • Lead and develop a team; responsible for hiring, coaching, performance management, training and development.
What you'll need:
  • 12+ years of related experience in Risk Management, Credit Risk & Review.
  • Bachelor's degree in related field required; Masters or MBA in related field preferred.
  • Previous leadership experience required.
  • Expert knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Expert knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Expert knowledge of accounting, financial statements and tax returns, and cash flow analyses, as well as a highly refined ability to make insightful comments relating to a borrower's current and prospective credit risk profile.
  • Expert analytical and problem-solving skills are required.Ability to understand business and industry concepts in order to develop and suggest intelligent, viable solutions to problems.
  • Expert speaking and writing communication skills.
  • Occasional travel required.

Compensation: Salary range for new hires is generally $299,850.00 - $370,403.00 for Las Vegas, NV. Salary range for new hires is generally $299,850.00 - $370,403.00 for Reno, NV. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.
Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About the company:
Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company's heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
ยฉ Western Alliance Bancorporation