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Credit Risk Review Jobs in Illinois (NOW HIRING)

Conduct quarterly/monthly reviews of one or more key Credit Risk data elements. * Provide support to other functions within the Credit Risk Management/ Risk Analytics Department. * Solve a range of ...

Conduct quarterly/monthly reviews of one or more key Credit Risk data elements. * Provide support to other functions within the Credit Risk Management/ Risk Analytics Department. * Solve a range of ...

Senior Credit Analyst

Schaumburg, IL ยท On-site

$80K - $100K/hr

Review and approve credit requests; escalate high-risk decisions with supporting analysis * Assess non-standard payment terms (e.g., Net 60) and complete credit scorecards with Sales * Structure ...

Senior Credit Analyst

Schaumburg, IL ยท On-site

$80K - $100K/yr

Review and approve credit requests; escalate high-risk decisions with supporting analysis * Assess non-standard payment terms (e.g., Net 60) and complete credit scorecards with Sales * Structure ...

... review and compliance, and rapid response to emerging risk. Credit Strategy culture revolves around innovation, execution and collaboration across all 3 lines of defense and regulatory bodies. Talent ...

Credit Analyst

Chicago, IL ยท On-site

$75K - $90K/yr

This role will support lending and credit risk decision-making by evaluating financial information ... Review and monitor existing credit portfolios to identify potential risks and ensure ongoing credit ...

Commercial Credit Director

Chicago, IL ยท On-site

$143K - $297K/yr

Leads strategic discussions in committees (Credit Risk, Data Governance etc.); reviews validation outputs on data produced and delivered. Has final approval authority on an obligor's risk rating.

Own credit risk for an international customer portfolio, including structured risk assessments using internal and external data, with scheduled and ad hoc portfolio reviews * Monitor market, country ...

Showing results 41-60

Credit Risk Review information

See Illinois salary details

$83.8K

$153.4K

$232.1K

How much do credit risk review jobs pay per year?

As of Aug 9, 2026, the average yearly pay for credit risk review 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 the key skills and qualifications needed to thrive in the credit risk review position, and why are they important?

To thrive as a Credit Risk Review professional, you need a solid understanding of credit risk assessment, financial analysis, and regulatory compliance, typically supported by a degree in finance, accounting, or a related field. Familiarity with risk management software, data analytics tools, and possibly certifications such as FRM or CFA is highly valued. Strong attention to detail, analytical thinking, and effective communication skills are essential soft skills for success. These abilities are crucial for accurately evaluating credit exposures, ensuring regulatory adherence, and providing actionable recommendations that protect the organization's financial health.

What are the typical daily responsibilities of someone in a credit risk review role?

A Credit Risk Review professional typically spends their day analyzing credit portfolios, assessing borrower risk profiles, and ensuring compliance with internal credit policies and external regulations. Regular tasks include conducting file reviews, preparing detailed risk reports, and identifying trends or potential problem credits. You will often collaborate with relationship managers, credit analysts, and senior management to discuss findings and recommend improvements. The role requires balancing independent analysis with team collaboration, making it both intellectually engaging and integral to the organization's risk management strategy.

What is a credit risk review?

A Credit Risk Review job involves assessing the quality of a financial institution's credit portfolio to ensure that loans and credit exposures align with the organization's risk appetite and regulatory standards. Professionals in this role analyze borrower financials, evaluate underwriting practices, and provide independent assessments of credit risk management. They also identify emerging risks, ensure compliance with internal policies, and recommend improvements to mitigate potential losses. This role is critical in maintaining the overall health and stability of a lending institution.

What are the most commonly searched types of Credit Risk Review jobs in Illinois? The most popular types of Credit Risk Review jobs in Illinois are:
What job categories do people searching Credit Risk Review jobs in Illinois look for? The top searched job categories for Credit Risk Review jobs in Illinois are:
Infographic showing various Credit Risk Review job openings in Illinois as of August 2026, with employment types broken down into 67% Full Time, and 33% Contract. Highlights an 100% In-person job distribution, with an average salary of $153,408 per year, or $73.8 per hour.

Credit Monitoring & Control Specialist

CIBC

Chicago, IL โ€ข On-site

$70K - $85K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 15 days ago


Job description

We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients.
At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.
To learn more about CIBC, please visit CIBC.com
POSITION RESPONSIBILITIES:
The Credit Monitoring & Control Specialist will support the Bank's Credit Risk Management/ Risk Analytics Departments, to help analyze, identify, mitigate and control data integrity risk across numerous data elements.
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 underwriting/ loan presentations) for the purpose of:
  • Ensuring proposed loans structures are in compliance with the Bank's credit policy
  • Provide ongoing support to promote portfolio transparency
  • Ensure Quarter End risk reporting processes are done efficiently and accurately; Determining proper note code, collateral code and federal call code for each transaction to ensure accurate reporting to internal and external audiences.
  • Conduct quarterly/monthly reviews of one or more key Credit Risk data elements.
  • Provide support to other functions within the Credit Risk Management/ Risk Analytics Department.
  • Solve a range of straightforward problems.
  • Analyze possible solutions using standard procedures.
  • Participate/lead in projects associated with the department.

QUALIFICATIONS:
  • Knowledgeable in credit approval process, credit structure and ability to comprehend the Bank's credit policy
  • Familiarity with Federal Call Codes and other related loan codes and the awareness of how loan codes impact financial reporting
  • Experience leading risk and control assessments, root cause analysis and scenario analysis.
  • Ability to partner effectively with peers, senior management and business partners
  • Organizational and problem solving skills and attention to detail.
  • Investigative and questioning nature combined with sound business and technical skills.
  • Ability to work under pressure and organize, manage and prioritize multiple deliverables.
  • Strong critical thinking abilities
  • Proficiency in Microsoft Excel, Outlook and Word required, including analytical skills and spreadsheet experience
  • Excellent oral and written communication skills, as well as the ability to present to senior management
  • Have the ability to work independently and within a team
  • Bachelor's degree along with 7-10 years of experience of credit risk, compliance, or audit/ SOX experience in a banking/financial services environment.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $70,000 - $85,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee's needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.
Work Environment: Hybrid, 3 days in office, 2 days remote
What CIBC Offers
At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.
  • We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
  • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
  • We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions
What you need to know
  • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com
  • You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.
  • We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location
IL-120 S LaSalle St
Employment Type
Regular
Weekly Hours
40
Skills
Analytical Thinking, Business Requirements, Communication, Credit Processes, Data Quality, Prioritization, Quality Improvement, Risk Analytics, Risk Reporting