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

P/C Senior Actuary

Bloomington, IL · On-site

$110K - $151K/yr

... risk management, carried reserves and/or profitability. May direct simple to complex actuarial ... Maintains appropriate Continuing Education credit to maintain Actuarial credentials. - Researches ...

P/C Senior Actuary

Bloomington, IL · On-site

$110K - $151K/yr

... risk management, carried reserves and/or profitability. May direct simple to complex actuarial ... Maintains appropriate Continuing Education credit to maintain Actuarial credentials. - Researches ...

Develops, manages, and grows agricultural lending relationships that meet established lending ... Works closely with Commercial Lending and Credit Administration to ensure sound credit quality ...

Loan & Credit Processing * Refer clients with credit needs to the appropriate banker or line of ... Compliance & Risk Management * Adhere to all bank policies, procedures, and regulatory requirements ...

Loan & Credit Processing * Refer clients with credit needs to the appropriate banker or line of ... Compliance & Risk Management * Adhere to all bank policies, procedures, and regulatory requirements ...

Loan & Credit Processing * Refer clients with credit needs to the appropriate banker or line of ... Compliance & Risk Management * Adhere to all bank policies, procedures, and regulatory requirements ...

Showing results 41-60

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 Sep 5, 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.

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

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

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.

Director Capital Markets

Compeer Financial

Bloomington, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago


Key responsibilities

  • Develops business in the syndicated and participated multi-lender loan market by working with leading financial institutions throughout the United States.

  • Proactively maintains and improves relationships with Syndication Lenders, Traders, and Borrowers, and works closely with clients on participations and complex financing transactions.

  • Supports the execution of the business and marketing plan for the Capital Markets team and assists in building a loan portfolio that enhances portfolio diversity and profitability.


Compeer Financial rating

9.1

Company rating: 9.1 out of 10

Based on 6 frontline employees who took The Breakroom Quiz


Job description

Empowered to live. Inspired to work.
Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We bring together team members with a variety of backgrounds and experiences to help provide financial services to support agriculture and rural communities. Join us in a culture that not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both personally and professionally.
How we support you:
  • Hybrid model - up to 50% work from home
  • Flexible schedules including ample flexibility in the summer months
  • Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
  • Benefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
  • Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
  • Learning and development programs
  • Mentorship programs
  • Cross-functional committee opportunities (i.e. Inclusion Council, emerging professional groups, etc.)
  • Professional membership/certification reimbursement and more!

Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.
To learn more about Compeer Financial visit www.compeer.com/careers.
Where you will work: This position offers a hybrid work option up to 50% remote and is open to any Compeer office location in Illinois, Minnesota and Wisconsin.
The contributions you will make: This position develops business in the syndicated and participated multi-lender loan market by working with leading financial institutions throughout the United States. Works with food companies, agribusinesses, agricultural production companies, and rural utilities by building relationships with leading lenders on a national level. The incumbent supports the execution of the business and marketing plan for the Capital Markets team. The team is expected to build a loan portfolio which enhances the portfolio diversity and profitability of Compeer Financial.
A typical day:
Client Relationships
  • Proactively maintains and improves relationships with Syndication Lenders, Traders, and Borrowers.
  • Works closely with clients on participations and complex financing transactions.
  • Develops creative and innovative solutions to client problems.
  • Develops important business networks and resources that provide new ideas and information.
  • Provides a wide variety of financial services and demonstrates exceptional client service.

Sales and Marketing
  • Initiates contact and develops relationships with Syndication Lenders, Traders, and Borrowers to obtain new financing opportunities.
  • Closes new sales, maintains positive client relationships, and gains recognition with the industry.
  • Assists in implementation of the capital markets business and marketing plan in order to attain sales results.
  • Develops and maintains strategic alliances with other financial institutions and/or local banks for participations purposes.

Industry Expertise
  • Develops and maintains assigned industry knowledge and expertise to be shared as needed and to facilitate more sound credit decisions.
  • Keeps up with changing economic markets and technology.
  • Serves as an internal resource for other team members needing technical, administrative or industry information and/or guidance.

Risk Management
  • Assesses assigned portfolio to maintain credit exposure levels within internal guidelines and work with internal team members, such as credit and audit, to develop sound lender policies and procedures.
  • Frequently interacts with the underwriting team in the Credit Department and Loan Committee is required in order to resolve problems and gain approvals for financial commitments

The skills and experience we prefer you have:
  • Bachelor's degree in business administration, agriculture or related field or an equivalent combination of education and experience sufficient to perform the essential functions of the job.
  • Advanced experience in financial services and credit experience is highly preferred.
  • Advanced knowledge of syndicated finance and senior debt loan structuring.
  • Strong decision-making skills are required.
  • Strong interpersonal, communication, client service and team skills.
  • Effective problem solving and decision-making skills.
  • Effective negotiating, influencing and effective selling skills.
  • Attention to detail, accuracy and timeliness are critical in this position.
  • Advanced computer skills including MS Office applications (Word, Excel, Outlook, etc.) and other related industry applications.
  • Demonstrated ability to educate, motivate, mentor and work with team members, clients and other lending professionals.
  • Valid driver's license.

How we will take care of you:
Our job titles may span more than one career level (associate, senior, principal, etc.). The actual title and base pay offered is dependent upon many factors, such as: training, transferable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future. This role is eligible for variable compensation and other benefits.
Base Pay
$149,700-$257,400 USD
Compeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Must be authorized to work for any employer in the United States. Compeer is unable to sponsor or take over sponsorship of an employment visa at this time.
Click here to view federal employment laws applicable for applicants.

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