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Credit Risk Associate Salary Jobs in Alsip, IL (NOW HIRING)

Avant LLC

Portfolio Risk Associate, Risk & Analytics

Chicago, IL · On-site

$77K - $115K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

Analyze portfolio trends, customer behavior, and credit performance across originations and ... The base salary range for this job is USD $77,000 - USD $115,000/ Year Employees new to Avant ...

CIBC

Credit Monitoring & Control Specialist

Chicago, IL · On-site

$70K - $85K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

This position is a key role in the Bank's Risk Management Department and reports to the Credit ... This role has an expected salary range of $70,000 - $85,000 for the market based on experience ...

CIBC

Credit Monitoring & Control Specialist

Chicago, IL · On-site

$70K - $85K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

This position is a key role in the Bank's Risk Management Department and reports to the Credit ... This role has an expected salary range of $70,000 - $85,000 for the market based on experience ...

Chase

Credit Review, Vice President

Chicago, IL · On-site

  • Medical

  • Retirement

In between periodic reviews, you will independently monitor credit risk trends within assigned ... We offer a competitive total rewards package including base salary determined based on the role ...

BMO Capital Markets

Commercial Banking Associate

Chicago, IL · Hybrid

$69K - $127K/yr

  • Medical

  • Life

  • Retirement

Prepare detailed credit approval packages, including risk assessments, covenant structures, and ... Salaries will vary based on factors such as location, skills, experience, education, and ...

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Showing results 21-40

All JobsCredit Risk Associate Salary JobsCredit Risk Associate Salary Jobs in Alsip, IL

Credit Risk Associate Salary information

See Alsip, IL salary details

$50.9K

$111.3K

$186.3K

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

As of Aug 18, 2026, the average yearly pay for credit risk associate salary in Alsip, IL is $111,280.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,300.00 and $144,600.00 per year, depending on experience, location, and employer.

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 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 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 cities near Alsip, IL are hiring for Credit Risk Associate Salary jobs?

Cities near Alsip, IL with the most Credit Risk Associate Salary job openings:

Credit Risk Associate Salary jobs near you

Portfolio Risk Associate, Risk & Analytics

Avant LLC

Chicago, IL • On-site

$77K - $115K/yr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 14 days ago

Job description

Avant is looking for a Portfolio Risk Associate to join our Risk & Analytics team. We are seeking a motivated and analytically driven candidate who is passionate about problem-solving, customer behavior analysis, and portfolio performance monitoring. This person will play an important role in supporting portfolio risk monitoring and insight generation across the credit lifecycle while partnering closely with teams across Originations Risk and Account Management Risk.
This role is ideal for someone who enjoys combining analytics, business understanding, and strategic thinking to help drive data-informed decisions in a fast-paced fintech environment.
What you'll do at Avant:
  • Analyze portfolio trends, customer behavior, and credit performance across originations and existing accounts
  • Support portfolio monitoring through recurring analyses, reporting, and strategic insight generation
  • Identify emerging risks, behavioral trends, and performance shifts within the portfolio
  • Conduct deep dive analyses on delinquency trends, utilization behavior, payment patterns, profitability metrics, and customer segments
  • Partner with Originations Risk and Account Management teams to evaluate portfolio performance and strategy impacts
  • Mine and analyze large datasets using SQL and Python to support business decisions and risk monitoring initiatives
  • Build and maintain dashboards, analytical datasets, and reporting frameworks
  • Translate analytical findings into clear business insights and recommendations for leadership
  • Perform ad hoc analyses related to portfolio strategy, growth initiatives, and macroeconomic trends
  • Collaborate cross-functionally with Risk, Finance, Data Engineering, Product, and other internal teams

Why you're at fit at Avant:
  • Bachelor's or Master's degree in Finance, Economics, Statistics, Mathematics, Data Analytics, Computer Science, Engineering, or a related quantitative field
  • 1-3 years of experience in analytics, strategy, risk, financial services, or a related quantitative field preferred
  • Strong analytical, problem-solving, and critical thinking skills
  • Experience with SQL and Python preferred
  • Ability to communicate analytical findings clearly to both technical and non-technical audiences
  • Comfortable working with large datasets and ambiguous business problems
  • Interest in consumer lending, credit risk, portfolio analytics, customer behavior analytics, or fintech preferred

This role is based on our downtown Chicago Office, located in the Merchandise Mart. We highly value collaboration and our hybrid schedule (M, T, Th in-office) enables flexibility to balance work and individual priorities.
Compensation Range:
The base salary range for this job is USD $77,000 - USD $115,000/ Year
Employees new to Avant typically come in below the midpoint of the pay range. The compensation range is based on the level outlined in the job posting, and compensation decisions are dependent on each applicant's experience, skills and abilities.
[If an outstanding applicant's experience and skill level is above or below the qualifications outlined in the job posting, we reserve the right to make an offer at a different level than the one listed in this job posting, which may have a different compensation range.]
This role is eligible for additional incentives, including an annual bonus. These rewards are allocated based on level, impact and performance in the role.
Our benefits include:
  • Choice of great Medical, Dental, and Vision Insurance Plan options
  • 401(k) match
  • Flexible Time Off
  • Flexible Work Environment - (i.e. Mon/Tues/Thurs in-person)
  • Generous Paid Parental Leave, Adoption Assistance and Post-parental leave ramp-up program
  • Lunch Allowance (Fooda) and In-office Snacks
  • Summer Fridays
  • Fun In-Office and Virtual Social Events
  • And who doesn't love the swag

Check out our Avant Blog!
We believe that a diverse set of backgrounds and experiences helps us create the most innovative solutions for our customers. We invite you to apply to our positions even if you do not meet 100% of the qualifications listed in the description. If you're passionate about our mission and aligned to our values, we hope you'll come contribute to our awesome culture.
Why Avant is the place for you:
At Avant, we believe our values make a difference:
Authenticity. We show up to work as our whole selves and make sure others can too.
Collaboration. We can only succeed when we do so as a team.
Problem-Solving. The harder the problem, the more satisfying the solution.
Customer. We are all owners of the customer experience.
Initiative. Plan. Adapt. Get Sh!t Done.
We believe that great ideas come from anyone and anywhere, that everyone is an owner who drives change, and that we have more fun when we work together. We're problem solvers who love collaborating with intelligent and highly-motivated people to reshape the face of digital banking. Avant offers terrific perks and benefits, fun social events with employees who actually like hanging out together, and a flexible growth environment where trying your hand at new projects and being the active owner of your career path is encouraged and supported.
To learn more about how Avant collects and uses your personal information, please see the Avant Privacy Policy.

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