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Credit Risk Associate Jobs in California (NOW HIRING)

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Credit Risk Associate information

See California salary details

$49.3K

$107.9K

$180.6K

How much do credit risk associate jobs pay per year?

As of Jun 6, 2026, the average yearly pay for credit risk associate in California is $107,883.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,000.00 and $140,100.00 per year, depending on experience, location, and employer.

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, attention to detail, and a solid understanding of financial statements, typically backed by a degree in finance, economics, or a related field. Familiarity with risk assessment software, credit modeling tools, and proficiency in Excel or similar data analysis programs are essential technical requirements. Strong communication, problem-solving abilities, and sound judgment help you effectively collaborate with stakeholders and make informed recommendations. These skills and qualities are crucial for accurately assessing creditworthiness and minimizing financial risk for the organization.

What does a Credit Risk Associate do?

A Credit Risk Associate is responsible for assessing and managing the risk that a borrower may default on a loan or credit obligation. They analyze financial statements, credit reports, and market data to evaluate the creditworthiness of individuals or companies. Their work helps financial institutions make informed lending decisions, set appropriate credit limits, and comply with regulatory requirements. Credit Risk Associates also monitor existing credit exposures and may recommend strategies to mitigate potential losses.

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

AspectCredit Risk AssociateCredit Analyst
Required CredentialsBachelor's degree, relevant certifications often preferredBachelor's degree, certifications like CFA or credit-specific courses beneficial
Work EnvironmentFinancial institutions, banks, credit agenciesBanks, investment firms, credit rating agencies
Employer & Industry UsageCommonly used in risk management teamsUsed in credit assessment and lending decisions
Comparison Search IntentUnderstanding risk roles in creditAnalyzing creditworthiness of clients

Both roles involve assessing credit-related information, but Credit Risk Associates focus on managing overall risk exposure, while Credit Analysts evaluate individual creditworthiness. The roles often overlap in skills and industry settings, making them closely related but distinct in scope.

How does a Credit Risk Associate typically collaborate with other teams within a financial institution?

Credit Risk Associates work closely with various departments, including front-office lending teams, compliance, and portfolio management. They regularly communicate with relationship managers to gather client information, and partner with data analysts to assess credit models and risk metrics. This collaborative environment ensures that credit decisions are well-informed and compliant with internal policies. Being proactive and communicative is key, as the role often requires balancing risk assessment with business growth objectives.
What are the most commonly searched types of Credit Risk jobs in California? The most popular types of Credit Risk jobs in California are:
What are popular job titles related to Credit Risk Associate jobs in California? For Credit Risk Associate jobs in California, the most frequently searched job titles are:
What cities in California are hiring for Credit Risk Associate jobs? Cities in California with the most Credit Risk Associate job openings:
Risk Consulting Senior Associate - Lender Due Diligence

Risk Consulting Senior Associate - Lender Due Diligence

RSM

Los Angeles, CA

$46 - $68/hr

Full-time

Posted 10 days ago


Job description

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

Risk Consulting Senior Associate - Lender Due Diligence

Locations: Raleigh, NC • New York, NY • Orlando, FL • Philadelphia, PA • Chicago, IL • Salt Lake City, UT • Los Angeles, CA

About the Role

RSM’s Financial Services Risk Consulting Practice is seeking a Temporary Senior Associate to support the Financial Services Risk, Compliance, and Internal Audit team. This role is heavily focused on lender due diligence engagements , along with broader risk management, controls testing, and compliance projects across financial institutions.

Key Responsibilities

  • Perform lender due diligence procedures and support transaction assessments
  • Support internal audit, risk, and control reviews for financial services clients
  • Execute risk assessments, control testing, and process documentation
  • Draft and review work programs, test plans, narratives, and reports
  • Conduct management interviews and summarize key risk findings
  • Review staff work for accuracy and completeness
  • Manage project tasks, budgets, and status reporting
  • Collaborate with clients and engagement leaders to ensure high-quality delivery

Qualifications

  • Bachelor’s or Master’s degree in Accounting, Finance, or related discipline
  • Minimum 2 years of experience in audit, internal audit, controls testing, or lender due diligence
  • Experience within financial services (banking, capital markets, asset management, or lending)
  • Hands-on lender due diligence experience required
  • Strong communication, analytical, and time management skills
  • Proficiency in Excel, Word, and PowerPoint; familiarity with analytics tools (e.g., Alteryx, SQL, Power BI) preferred
  • CPA, CIA, or similar credential (or in progress) preferred

Additional Details

  • Temporary assignment with potential for extension
  • May require travel

At RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients. Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.

All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at careers@rsmus.com.

RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.

RSM will consider for employment qualified applicants with arrest or conviction records. For those living in California or applying to a position in California, please click here for additional information.

At RSM, an employee’s pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.

Compensation Range: $46 - $68 per hour