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Credit Risk Reviewer Jobs in Cleveland, OH (NOW HIRING)

Plays a critical role in the credit and risk governance activities, including committee coordination, Audit and examination readiness and loan modification reviews. Independently manage the loan ...

Lead independent development, review and challenge of mortgage and home equity credit strategies, including proposed changes to underwriting standards, credit policy, risk procedures, portfolio ...

Reviews, underwrites and makes decisions on loan requests within stated lending authority; involve ... risk profile. * Identifies critical issues and proposes alternative structures and financing ...

Credit risk analysis including assessment of financial statements, collateral valuation, industry review, and risk rating assignments, Extensive Travel Requirements * As Needed for training and ...

Portfolio Manager II or III

Independence, OH · On-site +1

$61K - $110K/yr

Credit risk analysis including assessment of financial statements, collateral valuation, industry review, and risk rating assignments, Extensive Travel Requirements * As Needed for training and ...

... reviews and modifications. * Work within the guidance of the credit approval team to recommend appropriate credit structuring, documentation, and risk controls on credit requests. * Assist in ...

Senior Merchant Underwriter

Cleveland, OH

$95K - $113K/yr

About the job The primary focus of the Senior Merchant Underwriter is to review, analyze and make confident credit risk decisions and recommendations for merchant applications and regarding existing ...

Showing results 21-40

Credit Risk Reviewer information

See Cleveland, OH salary details

$48.5K

$106K

$177.5K

How much do credit risk reviewer jobs pay per year?

As of Sep 3, 2026, the average yearly pay for credit risk reviewer in Cleveland, OH is $106,016.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,700.00 and $137,700.00 per year, depending on experience, location, and employer.

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 Cleveland, OH?

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

What job categories do people searching Credit Risk Reviewer jobs in Cleveland, OH look for?

The top searched job categories for Credit Risk Reviewer jobs in Cleveland, OH are:

What cities near Cleveland, OH are hiring for Credit Risk Reviewer jobs?

Cities near Cleveland, OH with the most Credit Risk Reviewer job openings:

Infographic showing various Credit Risk Reviewer job openings in Cleveland, OH as of August 2026, with employment types broken down into 82% Full Time, 16% Part Time, and 2% Contract. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $106,016 per year, or $51 per hour.

Full-time

Re-posted 2 days ago


Job description

Job Type
Full-time
Description
There are 3 levels within the Loan Credit Analyst job family with progressive responsibilities and we are looking for a level 2 or 3.
Duties and Responsibilities Level 2:
  1. Contacts borrowers and tracks receipt of annual financial information as required by the loan documents; analyzes financial statements of all levels of quality to develop an initial assessment by identifying strengths and weaknesses as pertaining to a borrower's historical and current operating performance.
  2. Completes and reviews existing bank commercial loans and completes risk rating analysis on portions of the portfolio; reviews loan documentation for completeness and accuracy; indicates any missing documentation; prepares and reviews in depth written analyses for relationships of all sizes and all levels of complexity; ensures compliance testing of loan requirements.
  3. Researches industry specific information from outside sources, including conversations with the borrower, industry publications, area libraries, references from other banks, credit agencies, as well as accessing information through the internet; assists loan officers with questions.
  4. Presents loan reviews to committee, including risk rating recommendation and the analysis and merits behind the rating; articulates reasoning behind the rating and defends recommendation if needed.
  5. Creates and maintains credit files; performs credit analysis; analyzes customer financial information; generate reports based on commercial loan portfolio.
  6. Performs credit loan review due diligence, quantitative analysis; conducts risk ratings on credits or credit analysis; monitors financial statements; requests financials and letters of credit; performs compliance testing of loan requirements.
  7. Prepares credit risk reviews for annual audit.
  8. Attends training and works with experienced credit analysts to develop credit analyst skill set and technique and builds banking knowledge.
  9. Keeps up to date and complies with all bank policies/procedures as well as applicable banking laws and regulations, including, but not limited to the Bank Secrecy Act, USA Patriot Act, and related anti-money laundering statutes, and federal consumer protection legislation and regulations.
  10. Analyze all financial statements in conjunction with underwriting commercial loan requests. Prepare, analyze, and review in depth written analysis for relationships. Prepare complete credit presentation that incorporates and analyzes all relevant borrower and related financial information. Loan requests include CRE and C&I.
  11. Work with Loan Officer / Business Banker to assemble all financial information as to develop an initial assessment by identifying strengths and weaknesses as pertaining to a borrower's historical operating performance.
  12. Review loan structure of new requests identifying any risks or policy exceptions. Make recommendations on loan structure or reporting requirements where appropriate.
  13. Expert knowledge of industry and bank credit and underwriting procedures and practices.
  14. Monitors service providers and vendors effectively; structures relationships with service providers in a strategic manner; sets expectations; develops performance metrics; measures vendor performance, provides feedback and holds accountable.

Qualifications and Skills Level 2:
  1. 3 to 5 years of experience in financial analysis or credit analysis is required.
  2. Bachelor's degree or commensurate experience is required.
  3. Experience in financial analysis or credit analysis is preferred.
  4. Proficiency in MS Office [Outlook, Excel, Word] or similar software is required. EasyLender, Cleartouch, OnBase, various government and investor software/web portals is preferred. CreditQuest is preferred.
  5. Experience in financial services or banking is preferred.

Duties and Responsibilities Level 3:
On top of the duties listed in level 2, level 3 duties and responsibilities include:
  1. Leads special projects as necessary and as assigned. Collaborates cross-functionally, engages business partners and seeks other expertise as needed. Appropriately escalates matters as needed to management and senior leadership.
  2. Acts as a mentor to credit analysts, portfolio managers, and less experienced loan officers. Offers advice, presents learning opportunities, supports relationship building and assists with training as needed.

Qualifications and Skills Level 3:
On top of the qualifications and skills listed in level 2, level 3 qualifications and skills include:
  1. 7-10 Years or experience in financial analysis or credit analyst is required.
  2. Experience leading teams, supervising or mentoring is required.

The duties outlined above are a summary and may not be an exhaustive or comprehensive list of all possible responsibilities, tasks, and duties. All job descriptions may be amended at any time at the sole discretion of FMHC.
Physical Environment
  • While performing the duties of this job, the employee is regularly required to lift, walk, stand, sit, bend, reach with hands and arms, climb, push/pull, use hands, and see, hear and speak.
  • The employee must occasionally lift and/or move up to 25 pounds.
  • The noise level in the work environment is usually quiet to moderate.
  • This position is performed in an office setting, five days a week with typical work hours being 8.30a through 5.15p.

First Mutual Holding Co. and First Federal Lakewood is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.