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Credit Risk Officer Jobs in Chicago, IL (NOW HIRING)

Wintrust

VP, Credit Risk Oversight

Rosemont, IL · On-site

$117K - $150K/yr

Effectively listen and communicate with loan officers, business unit managers, senior Wintrust ... risk management or loan/credit review. * Strong credit analytical skills and credit process ...

Wintrust

VP, Credit Risk Oversight

Rosemont, IL · On-site

$117K - $150K/yr

Effectively listen and communicate with loan officers, business unit managers, senior Wintrust ... risk management or loan/credit review. * Strong credit analytical skills and credit process ...

Wintrust

VP, Credit Risk Oversight

Rosemont, IL · On-site

$117K - $150K/yr

Effectively listen and communicate with loan officers, business unit managers, senior Wintrust ... risk management or loan/credit review. * Strong credit analytical skills and credit process ...

US Bank

Impact Finance Officer

Chicago, IL · On-site

Credit Strategy is a dynamic team within Credit Risk Management focused on optimizing the ... Industry Credit Risk Management - IF Officer is responsible for portfolio management of the bank ...

ElectronX

Head of Risk

Chicago, IL · On-site

$225K - $300K/yr

This role works in close partnership with and in support of ElectronX's Chief Risk Officer to build ... Market & Credit Risk * Design and oversee margin model validation, stress testing, and back-testing ...

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Showing results 21-40

All JobsCredit Risk Officer JobsCredit Risk Officer Jobs in Chicago, IL

Credit Risk Officer information

See Chicago, IL salary details

$78.9K

$139K

$217K

How much do credit risk officer jobs pay per year?

As of Aug 10, 2026, the average yearly pay for credit risk officer in Chicago, IL is $139,026.00, according to ZipRecruiter salary data. Most workers in this role earn between $112,400.00 and $158,800.00 per year, depending on experience, location, and employer.

What is a credit risk officer?

A Credit Risk Officer is responsible for assessing and managing the potential risks associated with lending and credit decisions. They analyze financial data, review credit applications, and develop risk mitigation strategies to minimize losses for their organization. Their role involves setting credit policies, monitoring portfolio performance, and ensuring compliance with regulatory requirements. By evaluating creditworthiness, they help financial institutions make informed lending decisions while maintaining a balanced risk-reward approach.

What are the main challenges a credit risk officer typically faces in their daily work?

Credit Risk Officers often encounter the challenge of balancing thorough risk analysis with the need for timely decision-making in a fast-paced environment. They must interpret complex financial data and market trends to make accurate credit assessments while complying with evolving regulatory requirements. Additionally, they may need to communicate difficult lending decisions to clients and collaborate closely with relationship managers and other departments. Successfully managing these challenges requires a combination of technical knowledge, sound judgment, and strong interpersonal skills, making the role both dynamic and rewarding.

What are the key skills and qualifications needed to thrive in the credit risk officer position, and why are they important?

To thrive as a Credit Risk Officer, you need a strong understanding of credit analysis, financial statement evaluation, and risk assessment, typically supported by a degree in finance, economics, or a related field. Familiarity with risk management software, financial modeling tools, and credit rating systems is crucial, and certifications such as FRM or CFA can be beneficial. Strong analytical thinking, attention to detail, and clear communication skills help you effectively assess creditworthiness and explain decisions to stakeholders. These skills are essential for identifying potential risk exposures and making informed lending decisions that protect the organization’s financial interests.

What are the most commonly searched types of Credit Risk Officer jobs in Chicago, IL? The most popular types of Credit Risk Officer jobs in Chicago, IL are:
What are popular job titles related to Credit Risk Officer jobs in Chicago, IL? For Credit Risk Officer jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Credit Risk Officer jobs in Chicago, IL look for? The top searched job categories for Credit Risk Officer jobs in Chicago, IL are:
Credit Risk Officer jobs near you
Infographic showing various Credit Risk Officer job openings in Chicago, IL as of August 2026, with employment types broken down into 96% Full Time, 2% Part Time, and 2% Contract. Highlights an 80% In-person, 11% Hybrid, and 9% Remote job distribution, with an average salary of $139,026 per year, or $66.8 per hour.

Risk Management - Credit Officer - Senior Associate

Chase

Chicago, IL • On-site

Other

Re-posted 14 days ago

Chase Bank rating

8.1

Company rating: 8.1 out of 10

Based on 156 frontline employees who took The Breakroom Quiz

66th of 170 rated banks

Job description

Credit Officer Senior Associate

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgment 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.

Job Summary:

As a Credit Officer Senior Associate within the Credit Risk team, you will evaluate and identify risks and interpret data to support management in making well-informed credit decisions on multifamily commercial real estate loan requests. You will operate in a dynamic, high-volume, and fast-paced environment, analyzing loans ranging from $1 million to $25 million+. You will be part of a highly collaborative team that prioritizes learning, professional development, inclusivity, and mentorship.

Job Responsibilities:

  • Oversee all aspects of credit analysis on loans secured by multifamily and other types of commercial real estate
  • Evaluate and manage risks in each transaction
  • Build and maintain strong relationships with internal business stakeholders including sales, processing, closing, and legal
  • Apply relevant policies, standards, procedures, and regulatory requirements to all credit analysis activities
  • Apply data analysis techniques to interpret results and provide insights and recommendations to management
  • Serve as a technical expert in addressing inquiries and resolving system-related issues specific to credit risk analysis and management tools
  • 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
  • 3 years of experience in commercial real estate lending or 5 years of other banking or finance experience
  • Thorough understanding of multifamily real estate property valuations and cash flow analysis
  • Strong financial analysis skills, including evaluating property cash flows, property valuation, and personal financial statements
  • Ability to manage competing priorities effectively in a collaborative, high volume environment while maintaining attention to detail
  • Excellent verbal and written communication and problem-solving skills
  • Ability to prioritize, plan, and manage processes to complete credit analysis and other assignments as needed
  • Familiarity with regional commercial real estate markets and municipal regulations
  • 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 or real estate coursework
  • Experience as a loan underwriter in commercial real estate and agency lending (e.g. Fannie Mae or Freddie Mac)
  • Experience with proprietary credit risk management tools.
  • Experience with large language model tools

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