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

PNC Bank

Relationship Manager I - C&IB

Decatur, IL

$86K - $143K/yr

Actively identifies and mitigates different types of risk (eg regulatory, reputational, operational, credit, etc) * Focuses on client opportunities by providing ideas and insights based on an ...

Farm Credit Illinois

Regional Manager

Decatur, IL · On-site

About Farm Credit Illinois Farm Credit Illinois (FCI) is an agricultural financial cooperative ... risk profile balance. The Regional Manager, Lending provides strategy and leadership for the ...

Farm Credit Illinois

Regional Manager

Decatur, IL · On-site

About Farm Credit Illinois Farm Credit Illinois (FCI) is an agricultural financial cooperative ... risk profile balance. The Regional Manager, Lending provides strategy and leadership for the ...

Compeer Financial

VP Audit Services

Bloomington, IL · Hybrid

Works proactively and collaboratively with other leaders across the organization, especially within the Credit and Risk Management and Enterprise Financial Management teams while maintaining audit ...

US Navy

Bomb Technician (EOD)

Maroa, IL

... 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)

Heyworth, IL

... 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)

Decatur, IL

... 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

... 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)

Argenta, IL

... 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)

Lincoln, IL

... 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

... 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)

Macon, IL

... 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)

Mahomet, IL

... 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 1-20

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

Credit Risk Manager information

See Maroa, IL salary details

$81.6K

$149.4K

$226.1K

How much do credit risk manager jobs pay per year?

As of Aug 13, 2026, the average yearly pay for credit risk manager in Maroa, IL is $149,432.00, according to ZipRecruiter salary data. Most workers in this role earn between $126,000.00 and $167,500.00 per year, depending on experience, location, and employer.

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 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 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 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.

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

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

Credit Risk Manager jobs near you
Infographic showing various Credit Risk Manager job openings in Maroa, IL as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 17% Part Time, and 2% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $149,432 per year, or $71.8 per hour.

Senior Commercial Credit Underwriter

Servbank, sb Inc.

Champaign, IL • On-site

$82K - $96K/yr

Full-time

Re-posted 9 days ago

Job description

Description

The Senior Commercial Credit Underwriter is responsible for analyzing, underwriting, and approving commercial loan requests in accordance with the Bank's credit policies, regulatory requirements, and risk appetite. This role partners closely with Relationship Managers and Credit Officers to assess borrower creditworthiness, structure loans appropriately, and present well-supported credit recommendations for approval.


Who we are:

Iroquois Federal, a division of Servbank, N.A., was founded in 1883 in Watseka, Illinois, under a state charter and a commitment to making a meaningful difference. Over the years, we've grown, expanding to six additional banking offices across welcoming Midwest communities, while staying true to our roots. At every location, you'll find people who understand where you're coming from and are dedicated to helping you reach where you want to go.


Key Responsibilities

  • Underwrite new and existing commercial loan requests, including C&I, commercial real estate (owner-occupied and investor), construction, and participation loans
  • Perform comprehensive financial analysis, including:
  • Spreading and analyzing business and personal financial statements
  • Cash flow and global debt service coverage analysis
  • Collateral and loan-to-value analysis
  • Industry, borrower, and guarantor risk assessment
  • Identify and document policy exceptions, mitigating factors, and credit risks
  • Prepare clear, concise Credit Approval Memos (CAMs) and underwriting narratives for submission to appropriate approval authorities
  • Recommend deal structure, loan terms, covenants, and conditions to mitigate risk
  • Partner with Relationship Managers throughout the loan lifecycle, from application through closing
  • Review appraisals, environmental reports, and third-party documentation as applicable
  • Support loan closing by reviewing final documentation and ensuring credit approval conditions are met
  • Monitor portfolio performance and covenant compliance, as assigned
  • Ensure adherence to all internal policies, regulatory requirements, and fair lending standards
  • Collaborate with credit, legal, loan operations, and risk management teams
  • Contribute to process improvements and support a strong credit culture

Requirements

  • Bachelor's degree in Finance, Accounting, Business Administration, or related field
  • 3-5+ years of experience in commercial credit underwriting, credit analysis, or commercial lending
  • Strong understanding of common commercial loan products, credit structures, and documentation
  • Advanced financial statement and cash flow analysis skills
  • Working knowledge of banking regulations and credit risk management principles
  • Experience preparing and presenting credit memoranda to approval committees preferred

Required Skills

  • Strong analytical, problem-solving, and decision-making skills
  • Excellent written and verbal communication abilities
  • High attention to detail and strong organizational skills
  • Ability to manage multiple priorities in a fast-paced environment
  • Proficiency in Microsoft Excel and Word; experience with loan origination or core banking systems preferred
  • Ability to work independently while collaborating effectively with cross-functional partners

EEO Statement:

We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

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