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Credit Risk Monitor Jobs in South Dakota (NOW HIRING)

CorTrust Bank

SVP, Credit Administration

Sioux Falls, SD · On-site

$180 - $280/hr

... and risk rating migrations. * Monitors and manages loan concentrations (e.g. commercial, real ... The ideal candidate for SVP, Credit Administration, possesses a combination of education and ...

First Interstate Bank

Credit Analyst III

Sioux Falls, SD · On-site

$80 - $110/hr

Evaluates credit quality and suggests proper risk rating based on analysis of most recent financial ... Assists the Relationship Manager in the preparation of reports for quarterly monitoring of ...

New

BankEasy

Senior Ag Credit Analyst

Sioux Falls, SD · On-site

Analyze and risk rate most complex credit lines and critique the credit classifications assigned by ... Monitor covenant compliance with loan agreements. * Provide mentoring and training less experienced ...

Bankeasy

Senior Ag Credit Analyst

Sioux Falls, SD

Analyze and risk rate most complex credit lines and critique the credit classifications assigned by ... Monitor covenant compliance with loan agreements. * Provide mentoring and training less experienced ...

Bankeasy

Senior Ag Credit Analyst

Brookings, SD · On-site

Analyze and risk rate most complex credit lines and critique the credit classifications assigned by ... Monitor covenant compliance with loan agreements. * Provide mentoring and training less experienced ...

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All JobsCredit Risk Monitor JobsCredit Risk Monitor Jobs in South Dakota

Credit Risk Monitor information

See South Dakota salary details

$86.5K

$158.3K

$239.5K

How much do credit risk monitor jobs pay per year?

As of Sep 4, 2026, the average yearly pay for credit risk monitor in South Dakota is $158,312.00, according to ZipRecruiter salary data. Most workers in this role earn between $133,500.00 and $177,500.00 per year, depending on experience, location, and employer.

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 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 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 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 South Dakota?

For Credit Risk Monitor jobs in South Dakota, the most frequently searched job titles are:

What job categories do people searching Credit Risk Monitor jobs in South Dakota look for?

The top searched job categories for Credit Risk Monitor jobs in South Dakota are:

What cities in South Dakota are hiring for Credit Risk Monitor jobs?

Cities in South Dakota with the most Credit Risk Monitor job openings:

Credit Risk Monitor jobs near you
Infographic showing various Credit Risk Monitor job openings in South Dakota 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 $158,312 per year, or $76.1 per hour.

Senior Credit Officer

First Premier Bank

Sioux Falls, SD • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 8 days ago

Job description

At First PREMIER Bank and PREMIER Bankcard, we've created a culture that emphasizes personal success, respect, health, and wellness, fun and giving back. This is an environment where you will be rewarded, valued, and celebrated for your hardwork.

We offer a robust and expanded package of health benefits, incentives, paid time off and growth and career advancement opportunities. We celebrate our employees and show our appreciation with private concerts, outdoor bashes, cash and car giveaways and more! See some of ourepic celebrationsandemployeerecognitions.

Considered one of the nation's strongest financial organizations, we've achieved our success by embodying the views and values of The PREMIER Way.From our CEOs to the newest hires, we all follow these shared views and values to guide us on how to treat our customers, co-workers and communities. The PREMIER Way also serves as a roadmap on how to be successful inside and outside of the workplace. We believe in investing in our employees, their families and ourcommunities.

Job Description:

Location:Sioux Falls, SD
Shift:M-F 8am-5pm
Job Schedule:Full-Time
Company:First PREMIER Bank

About the Role

The Senior Credit Officer supports oversight of credit quality and risk management for the bank's loan portfolio by promoting sound underwriting, regulatory compliance, and alignment with strategic objectives. The role monitors loan portfolio performance, conducts credit reviews, facilitates training to strengthen loan management practices, provides leadership and oversight of the collections function, supports the management of problem loans, and assists the Chief Credit Officer with a variety of credit-related initiatives.

Job Duties and Responsibilities

Essential duties and responsibilities include the following. Other duties may be assigned.

  • Develop, recommend, implement, and maintain the bank's credit risk appetite, policies, and procedures.
  • Collaborate with lending teams to balance growth objectives with prudent risk management.
  • Provide portfolio oversight and guidance related to credit administration, underwriting, credit analysis, documentation, covenant tracking, and exception reporting.
  • Serve as an approval authority within established credit limits and ensure consistent application of underwriting standards across all lending lines (commercial, commercial real estate, agricultural, small business, and consumer).
  • Oversee portfolio risk metrics, including concentrations, stress testing, risk ratings, and criticized/classified assets.
  • Serve as liaison with regulators and participate in regulatory examinations and audits.
  • Provide guidance and support to the Collections Manager responsible for retail and indirect loans, ensuring the collections team meets established objectives.
  • Monitor and support higher-risk loans and overdraft activity, assess associated risks, and take action to mitigate potential losses.
  • Review and approve loans for charge-off due to non-payment or other issues, consistent with established processes.
  • Assist in the oversight of the collection of overdue payments for all lending lines, in compliance with applicable regulations.

Skills and Qualifications

  • Ability to analyze financial data, assess risk, and make informed decisions regarding loan applications, performance monitoring, and post-mortem reviews.
  • Deep understanding of credit risk management, loan policy, underwriting standards, and portfolio analytics.
  • Effective communicator with the ability to negotiate loan terms, conduct meetings, and provide training, ensuring clear and concise messaging of expectations and outcomes.
  • Strong understanding of financial principles, loan products, and market trends to manage loan portfolios.
  • Strong knowledge of applicable regulations and compliance requirements to ensure adherence to legal standards.

  • Bachelor's degree in finance, credit, or a related field preferred.

  • Master's degree preferred.

  • Minimum of 10 years of demonstrated experience in lending or credit roles, with exposure to commercial, CRE, and agricultural lending, and the capability to mentor, guide, and support lending, credit, or collections teams.

  • Proficient in loan processes, financial statement analysis, and commercial/agricultural underwriting.

  • Strong understanding of lending and banking regulations, credit administration, loan structures, collections, bankruptcy, foreclosure laws, and legal proceedings.

Competitive Benefits Package

  • Full medical benefits when working 20+ hours per week
  • Traditional and High Deductible health plan options available
  • FREE dental and vision coverage
  • Generous Paid Time Off plans
  • 401(k) - dollar-for-dollar match up to 5% of total compensation
  • Special discounts and offers for events at the Denny Sanford PREMIER Center
  • PREMIER Wellness Program
  • Paid Community Volunteer Hours - PREMIER averages 30,000 hours per year
  • Fun Employee Parties

Our Culture

  • Emphasis on personal success, respect, health, wellness, fun and giving back
  • Employees are rewarded, valued, and celebrated for hard work
  • Various Career advancement opportunities and growth
  • Appreciation is shown through concerts, outdoor bashes, cash, car giveaways and more

Apply