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Credit Risk Monitor Jobs in Illinois (NOW HIRING)

CIBC

Credit Monitoring & Control Specialist

Chicago, IL · Hybrid

$70K - $85K/yr

This position is a key role in the Bank's Risk Management Department and reports to the Credit Monitoring & Control Team Lead. Review both traditional and complex credit approval documents (credit ...

CIBC US

Credit Monitoring & Control Specialist

Chicago, IL · Hybrid

$70K - $85K/yr

This position is a key role in the Bank's Risk Management Department and reports to the Credit Monitoring & Control Team Lead. Review both traditional and complex credit approval documents (credit ...

US Bank

Impact Finance Officer

Chicago, IL · On-site

... risk ID, credit concentration, stress testing, collateral audit, credit policy and procedures, portfolio monitoring, strategic product growth and/or enhancements, regulatory review and compliance ...

TrustBank

AVP/Senior Credit Officer

Olney, IL · On-site

$115K - $125K/yr

Evaluate and leverage technology, data analytics, automation, and authorized artificial intelligence tools to improve underwriting efficiency and risk monitoring while maintaining sound credit ...

ElectronX

Head of Risk

Chicago, IL · On-site

$225K - $300K/yr

Manage counterparty credit risk assessment and ongoing monitoring for clearing members. * Develop position limits, concentration risk policies, and large trader surveillance. * Build default fund ...

ElectronX

Head of Risk

Chicago, IL · On-site

$150 - $250/hr

Manage counterparty credit risk assessment and ongoing monitoring for clearing members. * Develop position limits, concentration risk policies, and large trader surveillance. * Build default fund ...

TrustBank

AVP/Senior Credit Officer

Olney, IL · On-site

$115K - $125K/yr

Evaluate and leverage technology, data analytics, automation, and authorized artificial intelligence tools to improve underwriting efficiency and risk monitoring while maintaining sound credit ...

TRUSTBANK

AVP/Senior Credit Officer

Olney, IL

$115K - $125K/yr

Evaluate and leverage technology, data analytics, automation, and authorized artificial intelligence tools to improve underwriting efficiency and risk monitoring while maintaining sound credit ...

PNC Bank

Commercial Credit Director

Chicago, IL · On-site

$143K - $297K/yr

Ensures effective credit monitoring by the team leveraging relevant reporting and assessing trends to identify risk incidences, requests ad - hoc analytics and analyzes output to inform decision ...

CFS

Credit Manager

Chicago, IL · On-site

Analyze customer financial information, credit reports, and references to assess risk * Monitor accounts receivable aging and lead collection efforts on past-due balances * Manage customer credit ...

Chase

Credit Review, Vice President

Chicago, IL · On-site

In between periodic reviews, you will independently monitor credit risk trends within assigned commercial lending portfolios, attend relevant meetings, and foster and maintain relationships with ...

Composites One

Senior Credit Analyst

Schaumburg, IL · On-site

$80K - $100K/hr

... risk and customer experience. This role is responsible for monitoring key AR metrics--including DSO, ADTP, past due aging, and bad debt--through proactive collections, credit underwriting, and data ...

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Showing results 41-60

All JobsCredit Risk Monitor JobsCredit Risk Monitor Jobs in Illinois

Credit Risk Monitor information

See Illinois salary details

$83.8K

$153.4K

$232.1K

How much do credit risk monitor jobs pay per year?

As of Aug 12, 2026, the average yearly pay for credit risk monitor in Illinois is $153,408.00, according to ZipRecruiter salary data. Most workers in this role earn between $129,400.00 and $172,000.00 per year, depending on experience, location, and employer.

What are some common challenges faced by credit risk monitors in their day-to-day work?

Credit Risk Monitors often contend with the challenge of evaluating complex financial data from multiple sources to assess a borrower's creditworthiness. They must stay updated on changing market conditions and regulatory requirements, which can impact risk assessments. Another frequent challenge is balancing the need for thorough analysis with tight reporting deadlines. Collaboration with other departments, such as loan officers and compliance teams, is essential for obtaining accurate information and ensuring company policies are followed.

What are the key skills and qualifications needed to thrive as a credit risk monitor?

To thrive as a Credit Risk Monitor, you need strong analytical skills, financial acumen, and a background in finance, accounting, or economics, often supported by a relevant degree. Familiarity with risk assessment tools, credit scoring models, and platforms such as Moody’s Analytics or S&P Global Market Intelligence is typically required. Attention to detail, effective communication, and sound judgment help in interpreting data and conveying risk findings to stakeholders. These skills are essential to accurately evaluate creditworthiness and support informed decision-making that protects organizational assets.

What is a credit risk monitor?

A Credit Risk Monitor is a professional responsible for analyzing and assessing the credit risk associated with lending or extending credit to individuals or organizations. They monitor financial statements, payment histories, and market trends to evaluate the likelihood of default. Credit Risk Monitors help financial institutions and businesses minimize losses by providing recommendations on credit limits, terms, and risk mitigation strategies. Their work is essential for maintaining the financial health and stability of organizations that rely on credit transactions.

What is the difference between Credit Risk Monitor vs Credit Analyst?

AspectCredit Risk MonitorCredit Analyst
Required credentialsTypically requires finance, economics, or related degrees; certifications like CFA are a plusSimilar educational background; certifications like CFA or CPA can be advantageous
Work environmentFinancial services, credit risk assessment, often in corporate or agency settingsBanking, lending institutions, or corporate finance departments
Employer and industry usageUsed by credit rating agencies, financial institutions, and risk management firmsCommon in banks, investment firms, and credit departments

While both roles involve financial analysis and risk assessment, Credit Risk Monitors focus on monitoring and analyzing credit risks at a broader level, often involving data aggregation and industry trend analysis. Credit Analysts typically evaluate individual creditworthiness of clients or companies to inform lending decisions. Understanding these distinctions helps in choosing the right career path or job search focus.

What are popular job titles related to Credit Risk Monitor jobs in Illinois? For Credit Risk Monitor jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Credit Risk Monitor jobs in Illinois look for? The top searched job categories for Credit Risk Monitor jobs in Illinois are:
What cities in Illinois are hiring for Credit Risk Monitor jobs? Cities in Illinois with the most Credit Risk Monitor job openings:
Credit Risk Monitor jobs near you
Infographic showing various Credit Risk Monitor job openings in Illinois as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $153,408 per year, or $73.8 per hour.

Risk Management - Credit Officer - Executive Director

JPMorgan Chase & Co

Chicago, IL • On-site

Full-time

Medical, Retirement

Re-posted 20 days ago

JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 493 frontline employees who took The Breakroom Quiz

72nd of 171 rated banks

Job description

Bring your expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. 

As a Credit Officer Director in Risk Management and Compliance, you will lead credit risk evaluation in the Chicago and Minneapolis regions for multifamily term loans generally ranging from $1 million to $25 million+, ensuring decisions align with risk appetite and strong risk controls. You will oversee a high-volume credit environment, provide clear guidance on complex approvals, and mentor and develop talent while partnering broadly across the business, risk and key stakeholders. 

Job Responsibilities

  • Lead and manage the Chicago risk team's execution of credit analysis in a high-volume environment, maintaining the highest standards of quality and risk controls. 
  • Evaluate and manage risk in complex transactions, including items requiring elevated approval authority and heightened judgment. 
  • Enhance market and portfolio discussions by identifying key risk considerations, highlighting relevant portfolio metrics, and surfacing emerging regional trends.
  • Cultivate and sustain strong partnerships with internal stakeholders across the business and operations to help ensure timely, well-informed outcomes.
  • Establish broad, collaborative relationships across CTL Risk functions and with senior stakeholders to support consistent regional execution. 
  • Apply relevant policies, standards, procedures, and regulatory requirements across all credit analysis activities, ensuring strong governance and controls. 
  • Implement change and lead strategic initiatives aligned with functional goals, with an innovation-minded and resilient approach. 
  • Develop individuals through active coaching, mentoring, and regular training, strengthening the team's capability and bench. 
  • Monitor industry trends and best practices in credit risk management to enhance decision-making and maintain a competitive edge. 

Required qualifications, capabilities, and skills

  • Bachelor's degree in a business or finance concentration (or equivalent experience). 
  • 10+ years of experience in commercial real estate lending, credit analysis, and/or loan workouts. 
  • Proven management background, with a track record of leading teams and effectively coaching, supporting, and motivating employees at different stages of development.
  • Strong knowledge of the Chicago commercial real estate market, with the ability to provide insights on key market themes and emerging trends.
  • Thorough understanding of multifamily property valuations and cash flow analysis, including evaluating property cash flows, valuation, and personal financial statements. 
  • Superior interpersonal, verbal and written communication and presentation skills.
  • Strong stakeholder management skills, with the ability to build collaborative relationships across risk and business partners. 
  • Demonstrated experience applying policies, standards, procedures, and regulatory requirements in credit decisioning and analysis activities. 
  • Proficiency in Microsoft Word, Excel, and PowerPoint, with the ability to quickly adapt to proprietary systems. 

Preferred qualifications, capabilities, and skills 

  • Advanced degree in a related field and/or real estate coursework. 
  • Experience managing loan underwriters in commercial real estate or agency lending (for example, Fannie Mae or Freddie Mac). 
  • Experience with proprietary credit risk management tools and related system enablement
  • Experience with large language model tools. 
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. 

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