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Credit Risk Reviewer Jobs in Iowa (NOW HIRING)

Credit Risk Analyst

Des Moines, IA · On-site

$59 - $70/hr

The Credit Risk Analyst supports the Bank's credit risk management function through the evaluation ... ResponsibilitiesConduct periodic credit reviews and ongoing monitoring of member financial ...

Credit Risk Analyst

Des Moines, IA · Hybrid

$59K - $70K/yr

Conduct periodic credit reviews and ongoing monitoring of member financial institutions and counterparties. * Analyze financial statements, regulatory filings, performance trends, and key risk ...

Support reviews of member credit profiles by analyzing financial statements, regulatory filings, performance trends, and key risk indicators to assess creditworthiness. * Monitor and report on ...

Review and assess the organization's most complex credit exposures, including counterparty risk, capital strength, liquidity, and business models * Direct underwriting oversight and collateral risk ...

These duties include the reviewing and analyzing of financial information, providing ... Communicate credit risk rating, loan policy exceptions, and recommendations for credit improvements ...

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Credit Risk Reviewer information

What does a credit risk reviewer do?

A Credit Risk Reviewer is responsible for assessing and evaluating the credit risk associated with lending decisions at financial institutions. They analyze loan portfolios, review credit policies, and ensure compliance with internal and regulatory standards. By identifying potential risks and weaknesses in lending practices, they help organizations minimize losses and maintain healthy credit quality. Their work often involves preparing detailed reports and recommending improvements to credit processes and controls.

What are the key skills and qualifications needed to thrive as a credit risk reviewer, and why are they important?

To thrive as a Credit Risk Reviewer, you need a strong background in finance, accounting, and risk assessment, typically supported by a bachelor’s degree in a related field. Familiarity with credit analysis tools, risk rating systems, and regulatory compliance frameworks such as Basel II/III is important, as well as proficiency in Excel and financial modeling software. Attention to detail, analytical thinking, and effective communication are crucial soft skills for evaluating creditworthiness and presenting findings. These skills ensure accurate risk assessments, regulatory adherence, and sound decision-making to protect an organization’s financial health.

How does a credit risk reviewer typically collaborate with other departments to ensure accurate risk assessments?

Credit Risk Reviewers work closely with teams such as loan origination, underwriting, and compliance to gather comprehensive information about borrowers and lending practices. They often participate in cross-departmental meetings to discuss findings, identify trends in credit quality, and recommend improvements to credit policies. Effective collaboration ensures that risk assessments are thorough and align with regulatory standards, ultimately helping the organization make informed lending decisions. This collaborative environment also provides opportunities to learn from other specialties and expand one's expertise within the financial institution.

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

AspectCredit Risk ReviewerCredit Analyst
Required CredentialsBachelor's degree, certifications like CFA or credit-specific trainingBachelor's degree, often similar certifications or coursework in finance or economics
Work EnvironmentReviewing credit files, assessing risk, and ensuring complianceAnalyzing financial data, preparing credit reports, and making lending recommendations
Employer & Industry UsageFinancial institutions, banks, credit agenciesBanks, lending institutions, corporate finance departments

Both roles involve assessing creditworthiness, but Credit Risk Reviewers focus on evaluating existing credit files for risk and compliance, while Credit Analysts analyze financial data to recommend new credit approvals. They often work together within financial institutions to manage credit portfolios effectively.

What are popular job titles related to Credit Risk Reviewer jobs in Iowa?

For Credit Risk Reviewer jobs in Iowa, the most frequently searched job titles are:

Infographic showing various Credit Risk Reviewer job openings in Iowa as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, and 17% Part Time. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution.

$59K - $70K/yr

Full-time

Retirement, PTO

Posted 18 days ago


Key responsibilities

  • Conduct periodic credit reviews and ongoing monitoring of member financial institutions and counterparties.

  • Analyze financial statements, regulatory filings, performance trends, and key risk indicators to assess creditworthiness.

  • Prepare credit analyses, risk rating recommendations, and review memoranda for management decision-making.


Job description

At FHLB Des Moines, we work each day to develop an inclusive culture that supports and leverages the complexity of a diverse workforce. This enables us to effectively serve the needs of our members and help them succeed.
The Credit Risk Analyst supports the Bank's credit risk management function through the evaluation, monitoring, and analysis of member financial institutions and counterparties. This role assesses creditworthiness, financial performance, collateral adequacy, and emerging risks to support sound lending decisions and effective risk management practices.
Accountabilities:
Responsibilities
  • Conduct periodic credit reviews and ongoing monitoring of member financial institutions and counterparties.
  • Analyze financial statements, regulatory filings, performance trends, and key risk indicators to assess creditworthiness.
  • Evaluate collateral adequacy, borrowing capacity, and compliance with applicable lending and credit policies.
  • Monitor trends in capital adequacy, liquidity, asset quality, earnings performance, and other financial metrics.
  • Prepare credit analyses, risk rating recommendations, and review memoranda for management decision-making.
  • Perform monitoring, stress testing, and scenario analyses to assess potential credit risk exposure.
  • Responsible for regulatory reporting and member examination review.
  • Evaluate and monitor credit models and risk assessment methodologies to ensure effectiveness and accuracy.
  • Assist with testing and validation of departmental processes, controls, and technology applications.
  • Partner with business units across the Bank to provide strong risk management
  • Serve as backup support for key credit reporting and monitoring processes.
  • Assist with the preparation, review, and completion of compliance and risk management reporting.
  • Identify opportunities for process improvements that enhance efficiency, reporting accuracy, and risk monitoring capabilities.
  • Maintain awareness of industry developments, regulatory changes, and emerging credit risks impacting member institutions.

Qualifications
  • Bachelor's degree in Finance, Accounting, Economics, Statistics, or a related field.
  • One to three years experience in credit analysis, banking, financial services, risk management, or a related field.
  • Knowledge of financial statement analysis and interpretation.
  • Understanding of credit risk principles, portfolio management concepts, and risk assessment methodologies.
  • Strong analytical, problem-solving, and written communication skills.
  • Proficiency in Microsoft Excel, Word, and PowerPoint.
  • Ability to manage multiple priorities and work independently with appropriate judgment.
  • Ability to collaborate effectively with colleagues across departments and levels of the organization.
  • Demonstrated initiative, curiosity, and commitment to continuous learning.

Preferred
  • Experience analyzing financial institutions or regulated entities.
  • Knowledge of financial modeling, statistical analysis, or quantitative risk assessment techniques.
  • Experience with SQL, data analytics tools, or business intelligence platforms.

Compensation Range:
Annual Salary: $59,046.00 - $70,118.00
This salary range represents the Bank's good faith and reasonable estimate of possible compensation at the time of hire. Offer to be determined by selected applicant's education, experience, knowledge, skills & abilities, as well as internal equity and alignment with market data. This role is also eligible to participate in the Bank's annual incentive plan.
As part of our competitive Total Rewards package, the Bank offers 11 paid holidays, 5 weeks of PTO and a work culture that values work/life balance. Most roles are eligible for our hybrid work schedule. We match 100% of the first 6% you contribute to your 401(k) and provide an additional 4% non-discretionary contribution to your 401(k) at the end of year. More information on our Total Rewards program can be found here.
At FHLB Des Moines, we work to create an inclusive culture. This enables us to effectively serve the needs of our members and help them succeed. FHLB Des Moines is proud to be an Equal Opportunity Employer. We prohibit discrimination on the basis of race, color, religion, sex (including pregnancy, sexual orientation or gender identity), national origin, age, disability, veteran status, genetic information (including family medical history), status as a parent or any other characteristic protected by federal, state or local law.