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Credit Risk Business Analyst Jobs (NOW HIRING)

Title: Busienss Analyst - Credit Risk location: NYC/Tampa FL/Jacksonville FL/ Buffalo FL (Onsite) Contract: 06 months with potential extesnion * Business Analyst * Client is looking for a US based ...

Credit Risk Analyst Chicago, Illinois, United States About the Job Credit Risk Analyst Role ... Interacts with business partners, senior management, governance committees, and regulators to ...

Risk - Business Analyst Location: Remote Duration: Initial 6 Months plus extensions Work Requirements: USC, GC and Authorized to work in the US Responsibilities : Support annual information security ...

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Credit Risk Business Analyst information

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$37K

$113.9K

$197.5K

How much do credit risk business analyst jobs pay per year?

As of Jun 5, 2026, the average yearly pay for credit risk business analyst in the United States is $113,881.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,500.00 and $140,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Credit Risk Business Analyst, and why are they important?

To thrive as a Credit Risk Business Analyst, you need strong analytical skills, a solid understanding of financial concepts, and a relevant degree in finance, economics, or a related field. Proficiency with risk modeling software, SQL, Excel, and sometimes certifications like FRM or CFA are commonly expected. Exceptional communication, attention to detail, and problem-solving abilities distinguish top performers in this role. These competencies are crucial for accurately assessing credit risks, ensuring regulatory compliance, and supporting sound lending decisions.

How does a Credit Risk Business Analyst typically collaborate with other departments within a financial institution?

Credit Risk Business Analysts often work closely with teams such as credit underwriting, data analytics, compliance, and IT. They facilitate cross-departmental projects by gathering business requirements, analyzing credit data, and helping to implement risk assessment tools. Effective communication with stakeholders ensures that risk models and policies are accurately reflected in business processes, and that regulatory requirements are met. This collaboration is essential for maintaining a comprehensive risk management strategy across the organization.

What does a Credit Risk Business Analyst do?

A Credit Risk Business Analyst is responsible for evaluating and managing the risks associated with lending and credit activities within financial institutions. They analyze data to assess the creditworthiness of clients, develop risk models, and help design strategies to minimize losses from bad debts. Their role also involves working with stakeholders to gather business requirements, improve risk assessment processes, and ensure compliance with regulatory standards. By providing insights and recommendations, they support informed decision-making to balance profitability and risk.

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

AspectCredit Risk Business AnalystCredit Analyst
CredentialsBachelor's degree in finance, economics, or related field; certifications like CFA or CCBA are commonBachelor's degree in finance, accounting, or related field; certifications like CFA or similar are advantageous
Work EnvironmentAnalyzes credit risk data, develops models, collaborates with risk management teamsReviews credit applications, assesses borrower creditworthiness, makes lending recommendations
Employer & Industry UsageFinancial institutions, banks, credit agencies, risk management firmsBanks, lending institutions, credit unions, financial services

The main difference is that a Credit Risk Business Analyst focuses on analyzing and modeling credit risk data to inform strategic decisions, while a Credit Analyst primarily evaluates individual credit applications and assesses borrower creditworthiness. Both roles require similar credentials and often work within the same industry, but their core responsibilities differ in scope and focus.

More about Credit Risk Business Analyst jobs
What cities are hiring for Credit Risk Business Analyst jobs? Cities with the most Credit Risk Business Analyst job openings:

Business Analyst -Credit Risk, Market Risk, Counterparty Risk

Accord Technologies Inc.

New York, NY โ€ข On-site

Contractor

Posted 21 days ago


Job description

Job Title: Business Analyst (Credit Risk, Market Risk, Counterparty Risk)
Location: New York, NY (onsite)
Duration: 12 monthsย 
Job Type: W2 contract.
ย 
We are seeking an experiencedย Risk Business Analystย to bridge the gap between our Risk Management organization and Technology teams in New York City. This role requires deep subject matter expertise inย Credit Risk, Market Risk, and Counterparty Credit Risk (CVA)ย to drive requirements for risk system enhancements, regulatory implementations, and data infrastructure projects.
Key ResponsibilitiesRisk Analysis & Requirements
  • Elicit and document detailed business requirements forย risk measurement systems (VaR, PFE, EPE, SIMM, SA-CCR)

  • Analyze data flows forย risk aggregation, stress testing (CCAR/DFAST), and regulatory reporting (Basel III/IV, FRB 2052a)

  • Define specifications forย limit monitoring, collateral management, and risk attribution

Stakeholder Management
  • Serve as liaison betweenย Front Office, Risk Managers, Quants, and IT teams

  • Conduct gap analysis of current systems vs. business needs forย trading book/banking book risks

  • Present solution recommendations to senior stakeholders

Project Delivery
  • Lead UAT for risk system implementations

  • Create data dictionaries and mapping documents forย risk factor transformations

  • Support remediation ofย audit findings and regulatory requirements

Required Qualifications

Domain Expertise:

  • 9+ years as aย Risk Business Analystย in capital markets

  • Hands-on experience with:

    • Credit Risk:ย Exposure methodologies (PFE, EAD), ratings, RWA calculations

    • Market Risk:ย VaR (Historical/Parametric), stress testing, product coverage

    • Counterparty Risk:ย CVA/DVA, margin frameworks (SIMM, ISDA SIMM)

Technical Skills:

  • Proficient in SQL for data analysis

  • Experience with risk systems:ย Moodys RiskFrontier, Algorithmics, Bloomberg MARS, RiskMetrics

  • Understanding of risk data models and regulatory timelines

Soft Skills:

  • Exceptional communication for technical and non-technical audiences

  • Proven ability to manage conflicting priorities