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Credit Risk Manager Jobs in Spokane, WA (NOW HIRING)

... managing credit risk and assisting with the development of Commercial Banking Officers, credit analysts and any other colleague involved in the evaluation of credit. Reviews and evaluates the most ...

... managing credit risk and assisting with the development of Commercial Banking Officers, credit analysts and any other colleague involved in the evaluation of credit. Reviews and evaluates the most ...

... managing credit risk and assisting with the development of Commercial Banking Officers, credit analysts and any other colleague involved in the evaluation of credit. Reviews and evaluates the most ...

New

Credit Officer II - Covered

Spokane, WA · On-site

$125K - $200K/yr

The Credit Officer II role is a highly skilled resource, providing expert level advisory guidance ... Risk Management Required Qualifications: * 10+ years of solid Commercial Banking experience

Credit Officer II - Covered

Spokane, WA · On-site

$125K - $200K/yr

The Credit Officer II role is a highly skilled resource, providing expert level advisory guidance ... Risk Management Required Qualifications: * 10+ years of solid Commercial Banking experience

... risk management, and executive decisions. Working closely with senior leadership and cross ... Job Experience Minimum five years' experience in credit portfolio analysis, including advanced ...

... risk management, and executive decisions. Working closely with senior leadership and cross ... Job Experience Minimum five years' experience in credit portfolio analysis, including advanced ...

Quantitative Analyst

Spokane, WA · On-site +1

$88K - $104K/yr

In this role, you'll build and enhance models that guide risk management, financial performance ... You have experience developing models in PPNR, Credit Risk, or Market Risk. * You understand ...

Quantitative Analyst

Spokane, WA · On-site +1

$88K - $104K/yr

In this role, you'll build and enhance models that guide risk management, financial performance ... You have experience developing models in PPNR, Credit Risk, or Market Risk. * You understand ...

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Credit Risk Manager information

See Spokane, WA salary details

$87.5K

$160.1K

$242.2K

How much do credit risk manager jobs pay per year?

As of Jun 29, 2026, the average yearly pay for credit risk manager in Spokane, WA is $160,073.00, according to ZipRecruiter salary data. Most workers in this role earn between $135,000.00 and $179,500.00 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 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.

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.

What are the most commonly searched types of Credit Risk jobs in Spokane, WA? The most popular types of Credit Risk jobs in Spokane, WA are:
What job categories do people searching Credit Risk Manager jobs in Spokane, WA look for? The top searched job categories for Credit Risk Manager jobs in Spokane, WA are:
What cities near Spokane, WA are hiring for Credit Risk Manager jobs? Cities near Spokane, WA with the most Credit Risk Manager job openings:
Infographic showing various Credit Risk Manager job openings in Spokane, WA as of June 2026, with employment types broken down into 91% Full Time, 8% Part Time, and 1% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $160,073 per year, or $77 per hour.
Credit Analyst III

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago


Job description

**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal
This position is located at our Spokane, WA Downtown branch.
What's Important to You
We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.
  • Generous Paid Time Off (PTO) in addition to paid federal holidays.
  • Student debt employer repayment program.
  • 401(k) retirement plan with a 6% match.
  • The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve and why we want YOU to be a part of it.

We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.
SUMMARY
The Credit Analyst III collaborates with relationship managers in gathering and evaluating commercial credit related information on current and prospective customers by preparing written reports of analysis which include in-depth analysis of financial statements, historical and projection-based cash flow and ratio analysis, suggested credit structure, general industry analysis and identified risks.
ESSENTIAL DUTIES AND RESPONSIBILITIES
  • Reads, reviews, and understands various financial statements to include but not limited to; tax returns, balance sheets, profit and loss statements, agings, borrowing base certificates, debt schedules, equipment lists, credit bureau reports, rent rolls, lease agreements, and appraisals.
  • Prepares financial spreads for various types of commercial and real estate businesses, municipalities, non-profits, and individuals acting as direct obligation borrowers or guarantors.
  • Analyzes credit worthiness of commercial applicants and guarantors as appropriate by reviewing the loan application, spreading historical and projection based financial statements, calculating cash flows, leverage, and liquidity ratios, evaluating collateral, conducting research on the borrower(s) and key industries, and identifying risks.
  • Analyzes findings and authors a comprehensive report of analysis using a mix of data analysis (charts, formulas, graphs, etc.) and written narrative.
  • Evaluates credit quality and suggests proper risk rating based on analysis of most recent financial information.
  • Possesses proficiency relative to credit transactions and analytical skills sufficient to enable independent underwriting of commercial requests for streamlined to complex requests with limited guidance from immediate manager.
  • Ensures compliance to applicable regulations and keeps up to date with changes in federal regulations and FIB credit policy requirements.
  • Assists the Relationship Manager in the preparation of reports for quarterly monitoring of classified and criticized commercial relationships.
  • Completes financial performance metric covenant testing utilizing prepared financial spreads.
  • Portfolio management as assigned.
  • Participates in a quality control program that provides for the monthly review of general forms, spreads, and analysis with the provision of feedback and mentoring.
  • Participates in the production and development of training materials and assists with the delivery of training through various channels.
  • Partakes in a mentorship program with lower-level analysts to assist in guidance and the overall development of credit acumen.
  • Acts as a resource for Relationship Managers and other analysts for questions relating to Loan Policy, loan structuring, and underwriting recommendations.

QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
KNOWLEDGE, SKILLS AND ABILITIES
  • Strong organization and time management skills.
  • Excellent written and verbal skills.
  • Able to develop and maintain internal and external relationships with individuals such as Relationship Managers, Credit Officers, and Risk Management Personnel.
  • Able to work in a fast-paced environment, set priorities, and establish and meet strict deadlines with the flexibility to adapt quickly to changing priorities.
  • Self-motivated and possess the ability to assist with credit risk decisions.
  • Strong analytical and problem-solving skills, as well as an attention to detail.
  • Able to prioritize and work with others in an integrated way to achieve individual objectives and team results with flexibility to adapt to changing volumes, requirements, and areas of focus.
  • Proficient with Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint.
  • Able to acclimate quickly to other programs.

EDUCATION AND/OR EXPERIENCE
  • Bachelor's Degree in Business, Finance, or related field required
  • 7-9 years of banking experience and/or equivalent combination of education and experience required
  • 4-6 years experience in a similar position required
  • Experience with financial spread software required
  • Commercial banking experience preferred

PHYSICAL DEMANDS AND WORKING ENVIRONMENT
The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.
  • Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently
  • Lifting - Occasionally (up to 10 lbs)
  • Sitting - Frequently
  • Noise Level - Moderate
  • Typical Work Hours - M-F (8-5)
  • Regular and Predictable Attendance - Required

COMPENSATION & BENEFITS
We offer a competitive total compensation package including base salary and benefits. The anticipated pay range for this position is $32.63 - $50.61 per hour in WA and depends on a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills and experience, education, and geographic location. Additionally, this role is eligible to receive annual discretionary cash and stock bonuses. Benefits available for this position include, but are not limited to, medical, dental, vision, short-term and long-term disability benefits and life insurance, flexible spending accounts, health savings account, employee assistance program, 401(k), Paid Time Off (new hires accrue at .069 per hours worked which equates to approximately 18 days per year inclusive of paid sick time) and up to 11 paid Federal holidays. Please note this information is provided for those hired in Colorado and Washington only, and this role is open to candidates outside of Colorado and Washington with compensation that aligns with your location. For more information regarding our benefits, please visit https://www.firstinterstatebank.com/company/about/employee-benefits.php
**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal