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Credit Risk Consultant Jobs in Chicago, IL (NOW HIRING)

We are seeking a Loan Review Consultant to support credit risk consulting projects for a variety of clients within the financial services industry. In this role, you will assist in evaluating credit ...

We are seeking a Loan Review Consultant to support credit risk consulting projects for a variety of clients within the financial services industry. In this role, you will assist in evaluating credit ...

Lead executive-level product demonstrations, workshops, strategy sessions, and consultative engagements with prospects and clients. * Deliver market insights on trends in credit risk, quantitative ...

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Crowe is seeking a Loan Review Senior Consultant to perform credit risk consulting projects for a variety of clients in the financial services industry. In this role, you will: Job Responsibilities:

Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing * Knowledge of ... Financial Services Senior Consultant - Financial Risk Our Deloitte Regulatory, Risk & Forensic team ...

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Credit Risk Consultant information

See Chicago, IL salary details

$13

$45

$88

How much do credit risk consultant jobs pay per hour?

As of Aug 7, 2026, the average hourly pay for credit risk consultant in Chicago, IL is $45.78, according to ZipRecruiter salary data. Most workers in this role earn between $30.48 and $67.16 per hour, depending on experience, location, and employer.

What does a credit risk consultant do?

A credit risk consultant analyzes the creditworthiness of individuals or organizations to assess the likelihood of default on loans or credit agreements. They review financial statements, credit reports, and market data, often using risk assessment tools and models to advise clients or companies on credit policies and risk mitigation strategies.

What are some common challenges faced by credit risk consultants when analyzing client portfolios?

Credit Risk Consultants often encounter challenges such as incomplete or inconsistent client financial data, rapidly changing market conditions, and evolving regulatory requirements. Effectively assessing the risk profile of diverse portfolios requires strong analytical skills and the ability to adapt risk models to new information. Collaboration with relationship managers and compliance teams is essential to ensure accurate risk assessments and to develop actionable recommendations for clients. Navigating these complexities is key to providing valuable insights and helping organizations make sound credit decisions.

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

AspectCredit Risk ConsultantCredit Analyst
Required CredentialsBachelor's degree, certifications like CFA or credit risk certifications often preferredBachelor's degree, certifications like CFA or credit-specific certifications common
Work EnvironmentConsulting firms, financial institutions, project-based workBanking, lending departments, financial institutions
Employer & Industry UsageUsed by consulting firms and financial institutions for risk assessmentPrimarily in banks and lending companies for credit evaluation

Both roles involve assessing financial data, but Credit Risk Consultants focus on advising clients on risk management strategies, while Credit Analysts evaluate creditworthiness for lending decisions. The roles often overlap in skills and certifications, but differ mainly in scope and work setting.

What are the key skills and qualifications needed to thrive as a credit risk consultant, and why are they important?

To thrive as a Credit Risk Consultant, you need strong analytical skills, a background in finance or economics, and experience with credit risk assessment methodologies. Familiarity with risk modeling tools, credit scoring systems, and certifications such as FRM or CFA are typically required. Excellent communication, problem-solving abilities, and attention to detail help you stand out in this role. These skills are crucial for accurately evaluating creditworthiness, advising clients, and ensuring sound risk management practices.
What job categories do people searching Credit Risk Consultant jobs in Chicago, IL look for? The top searched job categories for Credit Risk Consultant jobs in Chicago, IL are:
Infographic showing various Credit Risk Consultant job openings in Chicago, IL as of July 2026, with employment types broken down into 75% Full Time, 16% Part Time, and 9% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $95,141 per year, or $45.7 per hour.

Commercial Credit Risk Analytical Consultant

Equifax, Inc.

Chicago, IL • On-site

Full-time

Medical, Retirement, PTO

Re-posted 6 hours ago


Equifax rating

7.8

Company rating: 7.8 out of 10

Based on 27 frontline employees who took The Breakroom Quiz


Job description

Equifax is where you can power your possible. If you want to achieve your true potential, chart new paths, develop new skills, collaborate with bright minds, and make a meaningful impact, we want to hear from you.
Equifax is currently looking for a Commercial Credit Risk Analytical Consultant to join our Commercial team. This role is focused on providing pre- and post-sales consulting on technical and analytical solutions. The specialist will work in partnership with Sales and the broader Technology/Analytics organization to demonstrate innovative solutions and provide exceptional value-add to address our customers' objectives. This position involves traveling to customer sites as needed for collaborative assignments.
What you'll do
  • Support commercial lending clients implementing Equifax's credit risk and portfolio management solutions
  • Consult clients on how best to use these Equifax's solutions to proactively manage their commercial credit risk, improve their portfolio management capabilities, and to assist in their capital planning processes
  • Provide technical support to clients relating to Equifax's commercial risk products, primarily Equifax's Absolute Probability of Default and other portfolio management products
  • Provide training and demos on Equifax's commercial risk solutions
  • Participate in Client Business Reviews and leverage Equifax's solutions and data to provide statistics on client portfolios and to consult on optimizing client's portfolio management strategies
  • Work closely with clients to help answer product related questions or to research potential issues associated with Equifax's portfolio management and commercial risk products
  • Analyze the performance of Equifax commercial risk solutions, institutions' own risk ratings or models, and current credit/risk practices to produce proof of concept analytics for prospective clients and to inform strategy recommendations for existing clients
  • Be able to explain Equifax solutions, analyses, and findings to internal stakeholders and external customers
  • Collaborate with other Analytics professionals, Sales, Operations, I.T. staff, and management to support Equifax's customers' needs and to consult customers on designing credit risk strategies leveraging Equifax's products
  • Work on a variety of other projects, as they arise
  • Travel: up to 10% (e.g. once per month, usually a day trip or one night stay)

What experience you need
  • Minimum 5 years of professional experience are required
  • 3+ years Client Facing experience/post sales support experience
  • Three or more years of experience in Credit, Risk, Collections, or Portfolio management related roles
  • College degree, preferably in a business/finance/economics major or a quantitative major (mathematics/statistics), or relevant experience
  • Consistent with Equifax's 4/1+ 10 flexible work framework, a willingness to work Monday - Thursday in Equifax's Chicago-based office.

What could set you apart
  • Master's Degree
  • Client facing or Consulting experience within financial services or commercial lending spaces
  • Fluent English and strong verbal and written communications skills
  • Knowledge of SQL or other similar programming languages and tools
  • Coursework or practical experience with Accounting and Statistics, particularly analyzing and working with very large datasets or lending portfolios

Position does not offer immigration sponsorship or support, including F-1 STEM OPT extension support .
We offer comprehensive compensation and healthcare packages, 401k matching, paid time off, and organizational growth potential through our online learning platform with guided career tracks.
Are you ready to power your possible? Apply today, and get started on a path toward an exciting new career at Equifax, where you can make a difference!
Primary Location:
USA-IL-Chicago
Function:
Function - Sales Support
Schedule:
Full time

What Equifax employees say

Pay

Benefits

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About Equifax

Sourced by ZipRecruiter

As a global data, analytics, and technology company, we play an essential role in the economy by helping companies in diverse industries such as automotive, communications, utilities, financial services, fintech, healthcare, insurance, mortgage, professional services, retail, e-commerce, and government agencies, make critical decisions with greater confidence.

Industry

It services

Company size

10,000+ Employees

Headquarters location

Atlanta, GA, US

Year founded

1899

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