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Credit Risk Monitor Jobs in Burr Ridge, IL (NOW HIRING)

CIBC

Credit Monitoring & Control Specialist

Chicago, IL · On-site

$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

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 ...

ElectronX

Head of Risk

Chicago, IL · On-site

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

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

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

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Credit Risk Monitor information

See Burr Ridge, IL salary details

$85.3K

$156.2K

$236.3K

How much do credit risk monitor jobs pay per year?

As of Jul 24, 2026, the average yearly pay for credit risk monitor in Burr Ridge, IL is $156,208.00, according to ZipRecruiter salary data. Most workers in this role earn between $131,700.00 and $175,100.00 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, and why are they important?

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.

How do I become a Credit Risk Analyst?

To become a Credit Risk Analyst, candidates typically need a bachelor's degree in finance, economics, accounting, or a related field. Relevant skills include financial analysis, data interpretation, and proficiency with tools like Excel or specialized risk management software; professional certifications such as CFA or FRM can enhance prospects. Gaining experience through internships or entry-level roles in finance or credit analysis is also valuable.

What is a Credit Risk Analyst's salary?

A Credit Risk Analyst's salary typically ranges from $55,000 to $85,000 annually, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications like CFA can earn higher salaries, often with additional bonuses or benefits.

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 does CreditRiskMonitor do?

A Credit Risk Monitor analyzes the financial health of companies to assess their creditworthiness and potential risk of default. The role involves monitoring financial data, using tools like financial statements and credit reports, to help organizations manage credit exposure and make informed lending or investment decisions.

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.

Does credit risk pay well?

Credit risk professionals, including credit risk analysts and monitors, typically earn competitive salaries that vary by experience, location, and industry. Entry-level roles may start with moderate pay, while experienced analysts with certifications like CFA can earn higher salaries, often supplemented by bonuses and benefits. Overall, credit risk roles are considered financially rewarding within the finance and risk management sectors.
What are popular job titles related to Credit Risk Monitor jobs in Burr Ridge, IL? For Credit Risk Monitor jobs in Burr Ridge, IL, the most frequently searched job titles are:
What cities near Burr Ridge, IL are hiring for Credit Risk Monitor jobs? Cities near Burr Ridge, IL with the most Credit Risk Monitor job openings:
Credit Risk Monitor jobs near you
Risk Management - Leveraged Finance Credit Risk Vice President

Risk Management - Leveraged Finance Credit Risk Vice President

JP Morgan Chase

Chicago, IL

Full-time

Medical, Retirement

Posted 14 days ago

JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 492 frontline employees who took The Breakroom Quiz

61st of 150 rated banks

Job description

Job Summary

Our credit risk professionals sit at the heart of the Investment Bank, serving as trusted advisors to the firm's most senior bankers and playing a decisive role in the transactions that matter most to our clients. In this role, you will bring intellectual rigor and sound judgment to some of the most complex leveraged finance decisions in the market, operating in a high-performing, collaborative environment where your analysis directly shapes outcomes. If you are passionate about credit, thrive under pressure, and want to build your career at one of the world's leading financial institutions, this is the opportunity for you.

As a Leveraged Finance Credit Risk Vice President within the Business Services credit risk team, you will identify the key risk factors associated with clients, transactions, and industry sub-sectors across an assigned portfolio, and develop and articulate a dynamic, forward-looking risk assessment of client companies, transactions, competitive threats, industry, and other factors. Working in close partnership with Investment Banking Coverage, Global Corporate Banking, Debt Capital Markets, and other product teams, you will review, structure, risk rate, and approve new lending activities and perform ongoing portfolio monitoring. You will report to a senior Credit Executive and be supported day-to-day by a dedicated team of Analysts and Associates, with an expectation to play an important role in developing junior talent.

Job responsibilities

  • Review and evaluate new credit origination requests, applying forward-looking risk assessment to develop appropriate credit structures and ensure all transactions are consistent with the firm's credit risk appetite
  • Lead client due diligence by attending client, bank, and other meetings to develop a thorough understanding of client companies, management teams, and industry sectors, and use financial models to incorporate the impact of forward-looking risk assessments on key value drivers
  • Apply corporate finance and accounting expertise to structure appropriate financing solutions and prepare and review credit approval materials, ensuring all credit risk policies are followed
  • Review and negotiate legal documentation to ensure terms are appropriate and consistent with credit approval
  • Ensure risk ratings are accurate and reflect a current forward-looking view of the client, while providing early identification and proactive management of deteriorating credits and other problem situations
  • Prepare and present quarterly financial snapshots of the Business Services portfolio, as well as annual portfolio review materials to senior management
  • Assist in training and developing Analysts and work closely with middle office and data teams to ensure accuracy of credit system data

Required qualifications, capabilities, and skills

  • BA/BS degree required
  • 5+ years of commercial/investment banking lending experience including extensive credit, structuring, and marketing
  • Solid understanding of financial products, corporate finance, financial modeling, and market dynamics
  • Advanced knowledge of financial statements and accounting
  • Experience with documentation related to credit agreements
  • Knowledge and experience of derivative products and documentation, including ISDA and CSA agreement

Preferred qualifications, capabilities, and skills

  • MBA or CFA preferred
  • Excellent communication skills, both verbal and written, with the ability to effectively present analysis and interact with key stakeholders
  • Capability to perform due diligence and lead negotiations with clients
  • Ability to perform well under pressure in a demanding environment while managing multiple tasks simultaneously
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

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.

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