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Credit Risk Manager Jobs in Iowa (NOW HIRING)

Credit Risk Analyst

Des Moines, IA · Hybrid

$59K - $70K/yr

The Credit Risk Analyst supports the Bank's credit risk management function through the evaluation, monitoring, and analysis of member financial institutions and counterparties. This role assesses ...

The VP of Credit Risk Management will oversee underwriting operations, establish and maintain credit policies, guide complex credit decisions, ensure regulatory compliance, and partner with executive ...

Lead and oversee enterprise credit risk management practices aligned to defined risk appetite and strategic priorities * Establish forward-looking credit risk strategy by identifying emerging ...

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Showing results 1-20

Credit Risk Manager information

See Iowa salary details

$81.2K

$148.7K

$225K

How much do credit risk manager jobs pay per year?

As of Aug 28, 2026, the average yearly pay for credit risk manager in Iowa is $148,697.00, according to ZipRecruiter salary data. Most workers in this role earn between $125,400.00 and $166,700.00 per year, depending on experience, location, and employer.

What is a credit risk manager?

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.

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 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.

How much do credit risk managers make in the US?

Credit risk managers in the US typically earn a median annual salary of around $85,000 to $125,000, with experienced professionals and those in senior roles earning higher. Salaries can vary based on industry, location, and level of experience, and certifications like CFA or FRM can enhance earning potential.

What are the most commonly searched types of Credit Risk jobs in Iowa?

The most popular types of Credit Risk jobs in Iowa are:

What are popular job titles related to Credit Risk Manager jobs in Iowa?

For Credit Risk Manager jobs in Iowa, the most frequently searched job titles are:

What job categories do people searching Credit Risk Manager jobs in Iowa look for?

The top searched job categories for Credit Risk Manager jobs in Iowa are:

What cities in Iowa are hiring for Credit Risk Manager jobs?

Cities in Iowa with the most Credit Risk Manager job openings:

Infographic showing various Credit Risk Manager job openings in Iowa as of August 2026, with employment types broken down into 83% Full Time, 16% Part Time, and 1% Contract. Highlights an 79% Physical, 3% Hybrid, and 18% Remote job distribution, with an average salary of $148,697 per year, or $71.5 per hour.

$59K - $70K/yr

Full-time

Retirement, PTO

Posted 10 days ago


Job description

At FHLB Des Moines, we work each day to develop an inclusive culture that supports and leverages the complexity of a diverse workforce. This enables us to effectively serve the needs of our members and help them succeed.
The Credit Risk Analyst supports the Bank's credit risk management function through the evaluation, monitoring, and analysis of member financial institutions and counterparties. This role assesses creditworthiness, financial performance, collateral adequacy, and emerging risks to support sound lending decisions and effective risk management practices.
Accountabilities:
Responsibilities
  • Conduct periodic credit reviews and ongoing monitoring of member financial institutions and counterparties.
  • Analyze financial statements, regulatory filings, performance trends, and key risk indicators to assess creditworthiness.
  • Evaluate collateral adequacy, borrowing capacity, and compliance with applicable lending and credit policies.
  • Monitor trends in capital adequacy, liquidity, asset quality, earnings performance, and other financial metrics.
  • Prepare credit analyses, risk rating recommendations, and review memoranda for management decision-making.
  • Perform monitoring, stress testing, and scenario analyses to assess potential credit risk exposure.
  • Responsible for regulatory reporting and member examination review.
  • Evaluate and monitor credit models and risk assessment methodologies to ensure effectiveness and accuracy.
  • Assist with testing and validation of departmental processes, controls, and technology applications.
  • Partner with business units across the Bank to provide strong risk management
  • Serve as backup support for key credit reporting and monitoring processes.
  • Assist with the preparation, review, and completion of compliance and risk management reporting.
  • Identify opportunities for process improvements that enhance efficiency, reporting accuracy, and risk monitoring capabilities.
  • Maintain awareness of industry developments, regulatory changes, and emerging credit risks impacting member institutions.

Qualifications
  • Bachelor's degree in Finance, Accounting, Economics, Statistics, or a related field.
  • One to three years experience in credit analysis, banking, financial services, risk management, or a related field.
  • Knowledge of financial statement analysis and interpretation.
  • Understanding of credit risk principles, portfolio management concepts, and risk assessment methodologies.
  • Strong analytical, problem-solving, and written communication skills.
  • Proficiency in Microsoft Excel, Word, and PowerPoint.
  • Ability to manage multiple priorities and work independently with appropriate judgment.
  • Ability to collaborate effectively with colleagues across departments and levels of the organization.
  • Demonstrated initiative, curiosity, and commitment to continuous learning.

Preferred
  • Experience analyzing financial institutions or regulated entities.
  • Knowledge of financial modeling, statistical analysis, or quantitative risk assessment techniques.
  • Experience with SQL, data analytics tools, or business intelligence platforms.

Compensation Range:
Annual Salary: $59,046.00 - $70,118.00
This salary range represents the Bank's good faith and reasonable estimate of possible compensation at the time of hire. Offer to be determined by selected applicant's education, experience, knowledge, skills & abilities, as well as internal equity and alignment with market data. This role is also eligible to participate in the Bank's annual incentive plan.
As part of our competitive Total Rewards package, the Bank offers 11 paid holidays, 5 weeks of PTO and a work culture that values work/life balance. Most roles are eligible for our hybrid work schedule. We match 100% of the first 6% you contribute to your 401(k) and provide an additional 4% non-discretionary contribution to your 401(k) at the end of year. More information on our Total Rewards program can be found here.
At FHLB Des Moines, we work to create an inclusive culture. This enables us to effectively serve the needs of our members and help them succeed. FHLB Des Moines is proud to be an Equal Opportunity Employer. We prohibit discrimination on the basis of race, color, religion, sex (including pregnancy, sexual orientation or gender identity), national origin, age, disability, veteran status, genetic information (including family medical history), status as a parent or any other characteristic protected by federal, state or local law.