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Credit Risk Associate Jobs in Utah (NOW HIRING)

Responsibilities: * Assist Loan Officers and Credit Risk Management with analyzing credit data and ... Associates or bachelor's degree in accounting, Finance, or Business related field, preferred ...

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Responsibilities: * Assist Loan Officers and Credit Risk Management with analyzing credit data and ... Associates or bachelor's degree in accounting, Finance, or Business related field, preferred ...

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Credit Risk Associate information

See Utah salary details

$45.5K

$99.5K

$166.6K

How much do credit risk associate jobs pay per year?

As of May 29, 2026, the average yearly pay for credit risk associate in Utah is $99,516.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,300.00 and $129,300.00 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.

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 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.

What are the most commonly searched types of Credit Risk jobs in Utah? The most popular types of Credit Risk jobs in Utah are:
What cities in Utah are hiring for Credit Risk Associate jobs? Cities in Utah with the most Credit Risk Associate job openings:
Infographic showing various Credit Risk Associate job openings in Utah as of May 2026, with employment types broken down into 67% Full Time, and 33% Part Time. Highlights an 67% In-person, and 33% Hybrid job distribution, with an average salary of $99,516 per year, or $47.8 per hour.
Risk-Salt Lake City-Associate, Credit Risk-9702045

Risk-Salt Lake City-Associate, Credit Risk-9702045

Goldman Sachs, Inc.

Salt Lake City, UT • On-site

Full-time

Posted 4 days ago


Goldman Sachs rating

8.3

Company rating: 8.3 out of 10

Based on 25 frontline employees who took The Breakroom Quiz

29th of 141 rated banks


Job description

Job Description
Job Duties: Associate, Credit Risk with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Assess the credit and financial strength of the Corporates counterparts by performing fundamental credit analysis of both quantitative and qualitative credit factors. Assess and manage the risk of loss resulting from the failure of a counterparty to meet its contractual obligations across the firm's trading and credit businesses. Responsible for approving transactions, setting credit exposure limits, monitoring adherence to those limits, measuring credit exposure and losses from counterparty default. Conduct in-depth analyses related to causes and effects of credit events and conduct sector and/or regional (i.e. country) based concentration analyses. Recommend and defend internal and regulatory risk ratings for counterparts/transactions as required. Perform counterparty research reviews and analysis of corporate counterparts. Present findings and recommendations to senior management and answer questions relating to analysis performed. Proactively monitor and assess counterparts and industry subsectors including based on market indicators, regulatory guidance, rating agency commentary and counterparty surveillance and report relevant information and its impact to senior management in a timely manner.
Job Requirements: Master's degree (U.S. or foreign equivalent) in Finance, Computational Finance and Risk Management, Economics, or a related field and one (1) year of experience in job offered or a related role OR Bachelor's degree (U.S. or foreign equivalent) in Finance, Computational Finance and Risk Management, Economics, or a related field and three (3) years of experience in job offered or a related role. Prior experience must include one (1) year (with master's degree) or three (3) years (with bachelor's degree) of experience with: working with derivatives, loans and other products that give rise to credit risk to institutional counterparties; familiarity with regulatory rating requirements and application of such guidance is preferred - experience with credit regulatory processes such as the Shared National Credit (SNC) or Allowance for Loan and Lease Losses (ALLL); applying accounting methods (both Generally Accepted Accounting Principle and International Financial Reporting Standards) to analyze financial reports and explain performance variances; building financial models in Excel using advanced functionality, including macros, pivot tables, v-lookup, slicers, and h-lookup and Microsoft PowerPoint, to produce and present analytical insights and highlight data trends; utilizing Business Intelligence Software solutions, including Tableau, to provide actionable insights for Business decisions; and credit risk management experience, with a background in corporate credit risk.
©The Goldman Sachs Group, Inc., 2026. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veteran status, disability, or any other characteristic protected by applicable law.

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About Goldman Sachs

Sourced by ZipRecruiter

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1869