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Credit Risk Manager Jobs in Bloomington, IL (NOW HIRING)

US Navy

Bomb Technician (EOD)

Roanoke, IL · On-site

... safety and risk management; regular integration with Special Operations, fleet units, and ... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ...

US Navy

Bomb Technician (EOD)

Hopedale, IL · On-site

... safety and risk management; regular integration with Special Operations, fleet units, and ... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ...

US Navy

Bomb Technician (EOD)

Hudson, IL · On-site

... safety and risk management; regular integration with Special Operations, fleet units, and ... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ...

US Navy

Bomb Technician (EOD)

Saybrook, IL · On-site

... safety and risk management; regular integration with Special Operations, fleet units, and ... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ...

US Navy

Bomb Technician (EOD)

Mansfield, IL · On-site

... safety and risk management; regular integration with Special Operations, fleet units, and ... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ...

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Showing results 21-40

All JobsCredit Risk JobsCredit Risk Manager JobsCredit Risk Manager Jobs in Bloomington, IL

Credit Risk Manager information

See Bloomington, IL salary details

$83K

$151.9K

$229.7K

How much do credit risk manager jobs pay per year?

As of Sep 5, 2026, the average yearly pay for credit risk manager in Bloomington, IL is $151,858.00, according to ZipRecruiter salary data. Most workers in this role earn between $128,100.00 and $170,300.00 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.
More about Credit Risk Manager jobs

What are the most commonly searched types of Credit Risk jobs in Bloomington, IL?

The most popular types of Credit Risk jobs in Bloomington, IL are:

What cities near Bloomington, IL are hiring for Credit Risk Manager jobs?

Cities near Bloomington, IL with the most Credit Risk Manager job openings:

Credit Risk Manager jobs near you
Infographic showing various Credit Risk Manager job openings in Bloomington, IL as of August 2026, with employment types broken down into 81% Full Time, 18% Part Time, and 1% Contract. Highlights an 79% Physical, 2% Hybrid, and 19% Remote job distribution, with an average salary of $151,858 per year, or $73 per hour.

Chief Capital & Commercial Markets Executive (Bloomington)

Compeer Financial

Bloomington, IL • On-site

Full-time

Posted 3 days ago

New

Compeer Financial rating

9.1

Company rating: 9.1 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

Job description

Compeer Financial seeks a seasoned leader to drive commercial lending and client engagement across Illinois, Minnesota, and Wisconsin. You will direct teams, manage credit quality, and grow diversified agricultural finance solutions with a focus on growth and risk management.

The role emphasizes relationship-building, strategic leadership, and collaboration with executives across departments to deliver integrated client solutions within a hybrid work model.

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