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Credit Risk Associate Salary Jobs (NOW HIRING)

Attain Finance

Manager, Credit Risk

$120K - $160K/yr

May directly supervise one or more associates Qualifications * BS or higher in a quantitative ... Base Salary: $120,000 - $160,000 USD The base salary range represents the low and high end of the ...

MyUSA Credit Union

Credit Risk Analyst

Middletown, OH

The Credit Risk Analyst assists the Lending Manager in developing strategies to increase lending ... Job Type: Full-time, Salary exempt Benefits: * 401(k) Matching to 5%, immediately vested * Generous ...

Aritzia

Risk Associate

Tysons Corner, VA · On-site

THE JOB As the Risk Associate, you will: * Support a safe and secure working environment * Minimize the loss of merchandise from all internal and external avenues * Champion and coach the store team ...

Capital One

Principal Risk Associate

Mclean, VA · On-site

Principal Risk Associate As a Principal Risk Associate at Capital One you'll be responsible for ... Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be ...

Calpine

Credit Risk Analyst

San Diego, CA · On-site

$70K - $88K/yr

Key activities: * Perform credit risk analysis * Develop risk mitigating products Job ... Salary Range: $70,304 to $88,448 Additional Calpine Information: * Equal Opportunity Employer of ...

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Credit Risk Associate Salary information

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$109.3K

$183K

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

As of Jun 25, 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:
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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:
Credit Risk Associate Salary jobs near you
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 Portfolio Associate

Sumitomo Mitsui Financial Group, Inc.

Manhattan, NY • On-site

$84K - $131K/yr

Full-time

Posted 21 days ago

Job description

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.
In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
The anticipated salary range for this role is between $84,000.00 and $131,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
Role Summary
The Associate will support credit portfolio analytics and governance reporting for the Americas Division. The role is a key contributor to materials for internal risk committees and regulators, helping transform complex portfolio data into clear, actionable insights for senior management. The position requires strong analytical skills, credit risk knowledge, and the ability to write concise, well-structured presentations.
Key Responsibilities
Portfolio Analytics & Reporting
  • Analyze credit portfolios to identify trends, sector and product concentrations, rating migrations, and emerging risks.
  • Support recurring and ad hoc materials for risk stakeholders, including portfolio decks, sector reviews, and regulatory presentations.
  • Maintain standardized reporting packs on criticized assets, watchlists, non-pass originations, and other key risk metrics.
  • Incorporate stress-testing, risk appetite, and rating migration results into portfolio commentary.

Data, Infrastructure & Controls
  • Source, validate, and reconcile portfolio data across multiple systems.
  • Perform data quality checks, investigate discrepancies, and document key assumptions.
  • Help standardize data definitions, templates, and calculation methodologies across recurring reports.
  • Support enhancements to reporting processes and automation using Excel, SQL, and visualization tools where appropriate.
  • Governance, Regulatory & Process Support
  • Support credit risk governance processes, including committee materials, approvals, and action-item tracking.
  • Contribute to materials for regulatory exams, remediation items, and internal audit, ensuring analysis is well supported and clearly documented.
  • Provide portfolio insights that help refine sector-based underwriting standards and risk appetite frameworks.
  • Recommend improvements to increase efficiency, transparency, and consistency of portfolio reporting.

Stakeholder Management & Communication
  • Partner with Credit Risk, Front Office, Finance, Data, and Planning teams to gather inputs and align messaging.
    Translate complex analysis into clear slides and talking points for senior management and committees.
    Incorporate feedback from stakeholders while maintaining accuracy and internal consistency.

Required Qualifications
  • Minimum 2 years of experience in financial services in credit risk, credit portfolio management, or risk/reporting roles.
  • Solid understanding of credit risk concepts including internal ratings, risk appetite, criticized assets and watchlists, and governance frameworks.
  • Experience working with large data sets and portfolio-level metrics.
  • Advanced Excel skills (data manipulation, pivot tables, complex formulas); familiarity with PowerPoint for executive-ready presentations.
  • Strong written and verbal communication skills, with the ability to synthesize complex analysis into concise messages.
  • Bachelor's degree in Finance, Economics, Accounting, Mathematics, Statistics, or a related analytical field.

Preferred Qualifications
  • 3-5 years of relevant experience in credit risk analytics, portfolio management, or risk reporting at a bank or large financial institution.
  • Experience in a U.S. regulatory environment (Federal Reserve, OCC, or similar) or at a foreign banking organization.
  • Experience using SQL or a programming language such as Python or R to query and analyze data.
  • Familiarity with business intelligence or visualization tools such as Power BI or Tableau.
  • Professional certifications or coursework in risk management, credit analysis, or data analytics (FRM, CFA, or similar) are a plus.

Personal Attributes
  • Strong attention to detail and high standards for accuracy and data quality.
  • Curious and willing to dig into underlying drivers of portfolio changes.
  • Able to manage multiple recurring deadlines and prioritize effectively.
  • Self-starter who takes ownership while collaborating closely with team members and stakeholders.
  • Professional, organized, and motivated to improve processes and the clarity of risk communication.

SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.
SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

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