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Credit Risk Developer Jobs in Springfield, IL (NOW HIRING)

Credit Risk Developer information

What is a credit risk developer?

Credit Risk Developers are specialized software developers who design, build, and maintain systems that assess and manage financial risk for lending institutions or investment firms. They create algorithms and tools that analyze credit data, model potential losses, and ensure compliance with regulatory requirements. Their work supports decision-making processes related to lending, underwriting, and portfolio management. Typically, they collaborate closely with risk analysts, data scientists, and financial professionals to develop solutions that improve risk assessment accuracy and efficiency.

What are the key skills and qualifications needed to thrive as a credit risk developer?

To thrive as a Credit Risk Developer, you need strong programming skills (such as Python, Java, or C++), a solid background in mathematics or finance, and experience with credit risk modeling. Familiarity with risk management systems, statistical analysis tools, and relevant certifications (like FRM or CFA) is often required. Exceptional problem-solving abilities, collaboration, and clear communication set outstanding candidates apart. These skills ensure accurate development and maintenance of credit risk models, enabling effective risk mitigation and regulatory compliance in financial institutions.

How does a credit risk developer typically collaborate with risk analysts and business stakeholders?

A Credit Risk Developer often works closely with risk analysts to understand credit risk models and translate their requirements into robust software solutions. Regular meetings with business stakeholders are common to gather feedback, ensure alignment with regulatory standards, and adapt to changing business needs. This role requires strong communication skills to bridge the gap between technical and non-technical teams, ensuring that risk assessment tools are both accurate and user-friendly.

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

AspectCredit Risk DeveloperCredit Analyst
Required CredentialsBachelor's in Finance, Economics, or related field; often some programming knowledgeBachelor's in Finance, Economics, or related field; strong analytical skills
Work EnvironmentDevelops risk models, works with data and software toolsAnalyzes credit data, assesses borrower risk, prepares reports
Employer & Industry UsageFinancial institutions, banks, credit agenciesBanks, lending institutions, credit bureaus

While both roles focus on credit, the Credit Risk Developer primarily builds and maintains risk models using programming and data analysis, whereas the Credit Analyst evaluates individual creditworthiness and prepares risk assessments. Both roles are essential in credit decision processes but differ in technical focus and daily tasks.

What are popular job titles related to Credit Risk Developer jobs in Springfield, IL?

For Credit Risk Developer jobs in Springfield, IL, the most frequently searched job titles are:

What job categories do people searching Credit Risk Developer jobs in Springfield, IL look for?

The top searched job categories for Credit Risk Developer jobs in Springfield, IL are:

What cities near Springfield, IL are hiring for Credit Risk Developer jobs?

Cities near Springfield, IL with the most Credit Risk Developer job openings:

Technical Sales Engineer - Ethanol - Illinois

Whitefox Technologies

Springfield, IL • On-site

Full-time

Medical, Dental, Retirement, PTO

Posted 10 days ago


Job description

Technical Sales Engineer- US


Do you want to join a purpose driven companywho are makingaglobalimpact onsocietyandcreatinga healthier environmentbothnow and forfuture generations?

If workingwithan honest,fair,reputable,responsibleandrapidly expandingglobalorganisation is high on youragenda,joining our teamcould be for you.


Here at Whitefox Technologies,we'regrowing fast,andwe'relooking for a Technical Sales Engineer to help us reduce energy and water waste in industrial processes and drive real-world impact.


You'lljoinan innovative team, working closely with global colleagues across engineering, operations, and commercial teams. This is a high-impact role at the intersection of technology, sales, and customer experience, focused on delivering scalable, high-value solutions.


You'llplay a key role in helping us more than double our North American business over the next two years, with a strong focus on expanding our membrane technology,especially in the bioethanol sector.


What you'll do:


Position Responsibilities

  • Customer Engagement & Solution Development
  • Represent Whitefox values, standards, and safety culture in all customer interactions
  • Partner with Sales and customers to understand challenges, analyze process data, and develop practical, membrane-based solutions
  • Support Sales inpresenting the technical aspects of Whitefox technologiestocustomers through virtual and in-person meetings
  • Communicate technical and economic value clearly to both technical and non-technical stakeholders, positioning Whitefox as the preferred solution
  • Solution Design & Value Creation
  • Develop conceptual designsof Whitefox solutionsdesigned to address customerneeds, such asenergy efficiency, water usage, and overall operational performanceimprovements.
  • Develop process simulation models to quantify andvalidatethe expected performance and benefits of proposed solutions.
  • Estimate and monetize project benefits, including utility savings, production impacts, carbon credit generation, and other economic drivers.
  • Preparepreliminary capital cost estimates, including engineering, equipment, construction, and installation.
  • Use techno-economic evaluations(ROI, payback time)to compare, refine, andoptimizealternative solution concepts, and clearly communicate the trade-offs to internal and external stakeholders
  • Contribute to early-stagefront-end loading / gated development of opportunitiesby maturing technical scope, cost basis, and risk understanding prior to commercial commitments.
  • Developfront-end engineering deliverables to support solution definition, including process flow diagrams, heat and material balances, utility summaries, equipment lists, and basis of design documentation.
  • Performpreliminary sizing of major process equipment, including pumps, heat exchangers, vessels, membranes, piping systems, andothers.
  • Identifyand document technical risks, assumptions, and open items to support aligned internal decision-making.
  • Deliver a high-quality, value-driven customer experience using structured, data-driven approaches
  • Innovation & Continuous Improvement
  • Support continuous improvement of products, tools, and solution methodologies
  • Stay informed on industry trends, competitive technologies, and integration opportunities
  • Other related duties as assigned

Whatyou'llbring

Education:

  • B.Sc. degree in Chemical Engineering or a related technical discipline.
  • Advanced degree (M.Sc.) is considered an asset.

Experience

  • 5+ years of experience in process engineering, solution development, or technical-commercial roles within industrial, energy, or chemical sectors
  • 3+ years of experience with process simulation tools (e.g., Aspen Plus, HYSYS,ChemCAD, Symmetry, or equivalent)
  • Experience in a Technical Sales Engineering, Applications Engineering, or similar customer-facing technical-commercial role is considered an asset
  • Experience developing mass and energy balances, utility balances, and process performance models for customer-specific applications
  • Experience working directly with customers in technical or commercial roles
  • Experience with brownfield integration, plant modifications, or retrofit projects is an asset
  • Familiarity with ethanolproductionprocesses, ormembrane technologies is an asset

At Whitefox we look for people whoalign with our core values:

  • Innovation & Strategic Thinking
  • Communication
  • Collaboration
  • Learning Agility & Resilience
  • Outcome-Driven Execution

JobSpecs:

  • Full-time, Permanent, Based in United States
  • Travel expected: 25%
  • ValidDriver'sLicenserequired

Additionalpay:

  • BonusPay

Benefits:

  • 401(k) matching
  • Education Assistance
  • Dental insurance
  • Health insurance
  • Paid time off
  • Professional developmentassistance

We are an equal opportunities employer, and we welcome applications from all suitably qualified persons regardless of their sex; religious or similar philosophical belief; political opinion; race; age; sexual orientation; or, whether they are married or are in a civil partnership; or, whether they are disabled; or whether they have undergone, are undergoing or intend to undergo gender reassignment.


Find out more about being part of Whitefox Technologies, diverse, inclusive and innovative culture.

'Waste Less and Produce More'.


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