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Credit Risk Manager Jobs in Indiana (NOW HIRING)

calumet

A/R Manager

Indianapolis, IN

Assess and report credit risk using customer payment history, market data, trade monitoring ... Credit risk management and financial statements analysis * Clear, organized, and process-driven ...

STAR

COMMERCIAL CREDIT UNDERWRITER II

Indianapolis, IN · On-site

Manages other projects within the department to support commercial lending activities for the Bank and monitor's credit risk in the portfolio. * Completes testing for financial covenants for assigned ...

Via Credit Union

Executive Vice President

Marion, IN · On-site

$200K - $250K/yr

Risk Management & Compliance * Maintain strong credit culture and sound underwriting standards across all lending areas. * Ensure compliance with federal and state regulations, internal policies, and ...

Via Credit Union

Executive Vice President

Marion, IN

Risk Management & Compliance * Maintain strong credit culture and sound underwriting standards across all lending areas. * Ensure compliance with federal and state regulations, internal policies, and ...

Via Credit Union

Executive Vice President

Marion, IN · On-site

Risk Management & Compliance * Maintain strong credit culture and sound underwriting standards across all lending areas. * Ensure compliance with federal and state regulations, internal policies, and ...

BMO Capital Markets

Associate

Indianapolis, IN · On-site

$69K - $127.80K/yr

Portfolio Management * Credit Risk Assessment * Banking Operations * Microsoft Office Advanced level of proficiency: * Data analysis tools * Financial analysis Salary : $69,000.00 - $127,800.00 Pay ...

New

Beacon Credit Union

Ag Credit Analyst

Peru, IN · On-site

Role Responsible for analyzing credit and financial reports to determine risk involved in loaning money or extending credit. Scrutinizes financial data profitability, income growth, and management ...

Beacon Credit Union

Ag Credit Analyst

Peru, IN · On-site

Role Responsible for analyzing credit and financial reports to determine risk involved in loaning money or extending credit. Scrutinizes financial data profitability, income growth, and management ...

Beacon Credit Union

Ag Credit Analyst

Rushville, IN · On-site

Role Responsible for analyzing credit and financial reports to determine risk involved in loaning money or extending credit. Scrutinizes financial data profitability, income growth, and management ...

Beacon Credit Union

Ag Credit Analyst

Rushville, IN · On-site

Role Responsible for analyzing credit and financial reports to determine risk involved in loaning money or extending credit. Scrutinizes financial data profitability, income growth, and management ...

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Credit Risk Manager information

See Indiana salary details

$82.3K

$150.6K

$227.9K

How much do credit risk manager jobs pay per year?

As of May 29, 2026, the average yearly pay for credit risk manager in Indiana is $150,644.00, according to ZipRecruiter salary data. Most workers in this role earn between $127,000.00 and $168,900.00 per year, depending on experience, location, and employer.

What Does a Credit Risk Manager Do?

A credit risk manager analyzes credit risk for banks and similar financial institutions. In this role, it’s your job to develop better credit risk policies and procedures to alleviate losses and maintain capital. Additional duties involve examining data, building financial models, creating performance reports, ensuring regulatory compliance, and formulating credit policy. This career requires at least a bachelor’s degree in business administration or a related field. Other important qualifications include excellent analytical, communication, and research skills. Most employers typically prefer candidates who have previous risk management experience.

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

To thrive as a Credit Risk Manager, you need strong analytical abilities, deep knowledge of financial principles, and typically a degree in finance, accounting, or a related field. Familiarity with risk modeling software, credit scoring systems, and regulatory frameworks such as Basel III is essential. Strong communication, decision-making, and stakeholder management skills set outstanding professionals apart in this field. These skills are crucial for accurately assessing creditworthiness, minimizing financial losses, and ensuring regulatory compliance within financial institutions.

How does a Credit Risk Manager typically collaborate with other departments to assess and mitigate risk?

A Credit Risk Manager frequently works with teams across the organization, such as underwriting, finance, and compliance, to assess borrower creditworthiness and ensure adherence to risk policies. Collaboration often involves developing risk models, reviewing loan portfolios, and communicating risk exposures to senior management. Working closely with these departments enables comprehensive risk assessments and the implementation of effective mitigation strategies. This cross-functional approach fosters a proactive risk culture and ensures that credit decisions align with both regulatory requirements and business objectives.

What are Credit Risk Managers?

Credit Risk Managers are professionals responsible for assessing and managing the risk of financial losses that may arise from borrowers failing to repay loans or meet contractual obligations. They analyze financial data, credit reports, and market trends to determine the creditworthiness of individuals or businesses. Credit Risk Managers also develop policies and strategies to minimize potential losses and ensure compliance with regulatory standards. Their role is critical in maintaining the financial health and stability of banks, lending institutions, and other organizations involved in credit.

Does credit risk pay well?

Credit risk managers typically earn competitive salaries that vary based on experience, location, and industry. They often receive additional benefits and may need certifications such as CFA or FRM, with higher salaries generally associated with senior roles and specialized skills.

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

AspectCredit Risk ManagerCredit Analyst
CredentialsBachelor's degree, often certifications like CFA or credit risk certificationsBachelor's degree, finance or related field, sometimes certifications like CFA
Work EnvironmentOversees risk policies, manages teams, strategic planningAnalyzes credit data, assesses borrower risk, prepares reports
Industry UsageUsed in banking, financial services, lending institutionsCommon in banks, credit agencies, financial firms

The Credit Risk Manager focuses on overseeing and managing the overall credit risk policies and teams, while the Credit Analyst conducts detailed credit assessments of individual borrowers. Both roles require similar credentials and are integral to credit decision processes, but they differ in scope and responsibilities.

More about Credit Risk Manager jobs
What are the most commonly searched types of Credit Risk jobs in Indiana? The most popular types of Credit Risk jobs in Indiana are:
What are popular job titles related to Credit Risk Manager jobs in Indiana? For Credit Risk Manager jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Credit Risk Manager jobs in Indiana look for? The top searched job categories for Credit Risk Manager jobs in Indiana are:
What cities in Indiana are hiring for Credit Risk Manager jobs? Cities in Indiana with the most Credit Risk Manager job openings:
Credit Risk Manager jobs near you
Infographic showing various Credit Risk Manager job openings in Indiana as of May 2026, with employment types broken down into 3% As Needed, 81% Full Time, 9% Part Time, 3% Temporary, 3% Contract, and 1% Nights. Highlights an 92% Physical, 1% Hybrid, and 7% Remote job distribution, with an average salary of $150,644 per year, or $72.4 per hour.

A/R Manager

calumet

Indianapolis, IN

Other

Posted 17 hours ago

Job description

PURPOSE
Responsible for the timely collection, reconciliation, and management of accounts receivable for assigned business segments. This role partners closely with Sales, Claims, Customer Service, and Cash Application, and provides hands-on leadership, training, and oversight of Accounts Receivable Representatives. Reports to the Director, Credit and Collections.

KEY RESPONSIBILITIES

  • Manage and collect accounts receivable for assigned business segments, including high-balance and national retail customers.
  • Oversee delinquent account collections, reconciliations, deductions, disputes, and claims through effective cross-functional collaboration and customer communication.
  • Research, track, validate, and resolve national account deductions and claims in a timely manner.
  • Train, coach, and supervise assigned Accounts Receivable Representatives.
  • Serve as a working manager by directly managing an assigned customer portfolio.
  • Assess and report credit risk using customer payment history, market data, trade monitoring services, and financial statements.
  • Recommend credit limits and payment term changes.
  • Approve refunds, unearned discounts, and uncollectible deductions.
  • Support SOX compliance, audits, and departmental process improvement initiatives.
  • Approve credit for new orders and provide regular reporting on collections performance.
  • Perform additional duties and special projects as assigned.

REQUIRED EDUCATION/EXPERIENCES

  • Bachelor’s degree in Accounting, Finance or Business
  • Minimum 5 years of credit and collections experience, including experience in a supervisory or management role

PREFERRED EDUCATION/EXPERIENCES

  • SAP experience

COMPETENCIES

  • Strong customer focus with supervisory collections experience
  • Credit risk management and financial statements analysis         
  • Clear, organized, and process-driven communication
  • Proven leadership and accountability
  • High attention to detail with strategic perspective
  • Ability to work independently and meet performance goals
  • Collaborative mindset with strong professional integrity
  • Advanced Excel skills
  • Experience reviewing financial statements and ratios
  • Knowledge of international collections, letters of credit, guarantees, and credit insurance
  • Demonstrated commitment to company values: Safety, ESG, Teamwork, Ownership, Customer Focus, and Excellence

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