1

Credit Risk Contract Jobs in Illinois (NOW HIRING)

Ability to analyze aging reports and performance data to support credit risk and cash flow ... Job Type & Location This is a Contract to Hire position based out of Rockford, IL. Pay and Benefits ...

Ability to analyze aging reports and performance data to support credit risk and cash flow ... Job Type & Location This is a Contract to Hire position based out of Rockford, IL. Pay and Benefits ...

... contracts, margin, risk and Globex credit limits Background in developing and maintaining risk policies, processes, procedures, and standards Execute SQL queries and apply knowledge of database ...

Showing results 21-40

Credit Risk Contract information

See Illinois salary details

$48.5K

$105.9K

$177.3K

How much do credit risk contract jobs pay per year?

As of Aug 8, 2026, the average yearly pay for credit risk contract in Illinois is $105,928.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,700.00 and $137,600.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the credit risk contract position?

To thrive in a Credit Risk Contract role, candidates should possess strong analytical skills, a background in finance or economics, and experience in credit risk assessment methodologies. Familiarity with risk modeling tools, credit rating systems, and software such as SAS, SQL, or Excel is often required, with certifications like FRM or CFA being advantageous. Excellent attention to detail, effective communication, and the ability to work independently or in cross-functional teams set top performers apart. These competencies ensure accurate risk evaluation, compliance with banking regulations, and sound decision-making in managing organizational credit exposure.

What are some common challenges faced in a credit risk contract role and how can they be managed?

Professionals in Credit Risk Contract positions often encounter shifting market conditions, regulatory changes, and diverse credit portfolios that require ongoing analysis and adaptation. Managing large volumes of complex financial data while meeting tight deadlines can be demanding. Staying proactive by keeping up-to-date with industry trends and regulatory requirements helps mitigate these challenges. Building strong collaborative relationships with stakeholders in lending, compliance, and business teams also plays a crucial role in addressing and solving risk-related issues efficiently.

What is a credit risk contract?

A Credit Risk Contract job involves assessing and managing the potential risks associated with lending and credit transactions, typically on a temporary or project basis. Professionals in this role analyze financial data, evaluate creditworthiness, and develop risk mitigation strategies to protect the organization from potential losses. They may work with banks, financial institutions, or corporations to ensure compliance with regulations and internal risk policies. This role often requires strong analytical skills, experience in credit risk assessment, and proficiency in financial modeling or risk management tools.

What are the most commonly searched types of Credit Risk jobs in Illinois? The most popular types of Credit Risk jobs in Illinois are:
What job categories do people searching Credit Risk Contract jobs in Illinois look for? The top searched job categories for Credit Risk Contract jobs in Illinois are:
What cities in Illinois are hiring for Credit Risk Contract jobs? Cities in Illinois with the most Credit Risk Contract job openings:
Infographic showing various Credit Risk Contract job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $105,928 per year, or $50.9 per hour.

Senior Vice President- FCM & FX Risk Manager

Wedbush Securities

Chicago, IL

Full-time

Re-posted 16 days ago


Job description

Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.

Our Chicago office is hiring for an experienced Senior Vice President, Market Risk Analytics Manager FICCS to join our Risk and Credit Group. The primary function of this role is to act as a Market Risk Analytics Manager focusing on futures, options on futures, FX, power products and Fixed Income. 

Responsibilities include, but are not limited to:

  • Monitor client trading across multi-asset classes and create risk monitoring reports
  • Design SQL queries and relational databases to support daily tasks and automate reports
  • Manage team that issues intraday/overnight calls and risk limit breaches to clients, while answering and investigating any inquiries or disputes
  • Calibrate risk systems and reporting for daily monitoring and management reporting packages
  • Oversee and manage Stress Testing and 1.73 liquidation reports
  • Inspect client performances by evaluating intraday/overnight profit & losses and stress tests to identify any potential dangers and present protective measures against price fluctuations of client positions
  • Perform as a backup for daily approval of outgoing wires and ACHs
  • Manage and conduct reports on various Exchange Default Management Systems
  • Perform other tasks and duties as assigned and required

  • Bachelor's Degree from an accredited university, preferably in Business Administration or other related field
  • Minimum 15+ years of experience in futures, FX, and fixed income
  • Strong knowledge and experience in Power, Energy Futures, products and exchange requirements, standards, and best practices
  • Experience with exchange margin tools and ability to produce and analyze the margin requirements for various exchange margin platforms such as CME, ICE, Nodal, etc.
  • Familiarity with options and understanding of option strategies; experience with energy products with limit setting for contracts, margin, risk and Globex credit limits
  • Background in developing and maintaining risk policies, processes, procedures, and standards
  • Execute SQL queries and apply knowledge of database infrastructure, with experience using Tableau
  • Ability to manage across multiple competing priorities and time-sensitive initiatives
  • Strong ability to work independently, delegate duties and develop team relationships
  • Excellent written and verbal communication skills