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Credit Risk Associate Salary Jobs (NOW HIRING)

THE OPPORTUNITY With a special focus on merchandise security, our Risk Associate supports the Store team in delivering an outstanding customer experience while encouraging a safe and secure store ...

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 ...

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 ...

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Credit Risk Associate Salary information

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$50K

$109.3K

$183K

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

As of Sep 4, 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.

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.
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:

Infographic showing various Credit Risk Associate Salary job openings in the United States as of August 2026, with employment types broken down into 87% Full Time, 11% Part Time, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $109,314 per year, or $52.6 per hour.

Counterparty Credit Risk Associate, Assistant Vice President

MUFG Bank, Ltd.

New York, NY • Hybrid

$120K - $135K/yr

Full-time

Medical, Retirement, PTO

Re-posted 17 hours ago


MUFG rating

8.1

Company rating: 8.1 out of 10

Based on 7 frontline employees who took The Breakroom Quiz


Job description

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

Job Summary:

This role will be part of the MUFG Americas’ Market Risk Management and reports to the Head of Risk Reporting and Risk Initiatives.  The role will support the end-to-end counterparty credit risk reporting and data framework.

Major Responsibilities:  

  • Analysis and reporting of daily/weekly/monthly counterparty credit risk

  • Limit monitoring and breach remediation of counterparty credit risk – investigate cause of limit breach and work with credit risk manager and account manager for remediation 

  • Liaise closely with risk managers to support and enhance processes, and work with risk managers, technology and data officers to build and support the counterparty credit risk reporting infrastructure

  • Participate in audit and regulatory engagements relating to counterparty credit risk reporting and data processes

  • Support the enhancement of policy and procedures relating to counterparty credit risk reporting and data processes

  • Preparation of ad-hoc management reports

Qualifications:

  • Bachelor’s degree preferably in a technical or quantitative discipline

  • 3+ years of relevant experience in counterparty credit risk management role

  • Good knowledge of counterparty credit and market risk

  • Quantitative and analytical skills, proficient with Excel and VBA

  • Strong ability to analyze and interpret data

  • Diverse and wide range of skills, knowledge, and expertise

  • Excellent communication skills

  • Strong organizational skills and the ability to multi-task in a complex environment with changing priorities

The typical base pay range for this role is between $120K - $135K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified. We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.

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About MUFG

Sourced by ZipRecruiter

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 6th largest financial group in the world. Across the globe, we're 160,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

New York, NY, US

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