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Credit Risk Salary Jobs in Indiana (NOW HIRING)

A/R Manager

Indianapolis, IN · On-site

$70 - $100/hr

Assess credit risk via trade monitoring services, customer pay habits and market data. * Identify ... Salary and benefits commensurate with experience. We are an equal opportunity employer including ...

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Credit Risk Salary information

What is the average salary for a credit risk analyst?

The average salary for a credit risk analyst varies depending on experience, location, and industry. In the United States, entry-level credit risk analysts typically earn between $55,000 and $75,000 per year, while those with several years of experience or advanced certifications can earn upwards of $90,000 to $120,000 annually. Senior credit risk professionals and managers may earn even higher salaries, especially in major financial centers. Compensation can also include bonuses and benefits, depending on the employer.

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

To thrive as a Credit Risk Analyst, you need strong analytical skills, a solid understanding of financial principles, and typically a degree in finance, economics, or a related field. Proficiency with risk modeling tools, data analysis software such as Excel, SAS, or SQL, and familiarity with credit rating systems are important technical requirements. Attention to detail, problem-solving abilities, and effective communication are standout soft skills in this role. These competencies are crucial for accurately assessing creditworthiness, mitigating financial risk, and supporting informed lending decisions.

What are the typical challenges faced by professionals working in credit risk analysis roles?

Professionals in credit risk analysis often encounter challenges such as evaluating complex financial information under tight deadlines, keeping up with evolving regulatory requirements, and adapting to rapidly changing market conditions. They must balance the need for thorough risk assessment with the demands for quick decision-making from stakeholders. Collaboration with other departments, such as sales and compliance, is common and requires strong communication skills to ensure accurate risk profiling and alignment with company policies.

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

AspectCredit Risk SalaryCredit Analyst Salary
Required CredentialsBachelor's degree, certifications like CFA or FRM often preferredBachelor's degree, certifications like CFA or similar advantageous
Work EnvironmentRisk management teams within banks, financial institutionsCredit departments, lending teams in banks and financial firms
Employer & Industry UsageUsed in risk assessment roles across finance sectorsCommonly used in credit evaluation and lending processes

Both roles involve financial analysis and require similar credentials, but Credit Risk Salary pertains to broader risk management positions, while Credit Analyst Salary focuses specifically on credit evaluation and lending decisions within financial institutions.

What cities in Indiana are hiring for Credit Risk Salary jobs?

Cities in Indiana with the most Credit Risk Salary job openings:

Commercial & Business Banking Manager, South Bend, IN

1st Source

South Bend, IN

Full-time

Re-posted 11 hours ago


Job description

Job TitlePOSITION SUMMARY: Responsible for leading a team of relationship managers to drive Loan and Deposit growth, manage credit risk, and deliver exceptional client service within an assigned region.Essential RequirementsSales Leadership & Strategy:Develops and executes regional sales strategies to achieve Business & Commercial Banking growth targets.Drives a disciplined sales process, including pipeline management, calling activity, and cross-sell initiatives.Sets performance expectations and monitors progress toward individual and team goals.Coaching & Talent Development:Coaches and mentors relationship managers to enhance sales effectiveness, credit acumen, and client relationship skills.Conducts regular joint calling efforts and provides real-time feedback and development planning.Leads ongoing recruitment efforts to attract high-performing commercial banking professionals.Develops and retains top Commercial & Business Banking talent.Business Development & Client Engagement:Leads business development efforts by identifying and cultivating new client relationships.Maintains a visible presence in the market through networking, community involvement, and participation in industry events.Partners with internal teams (e.g., Credit, Treasury, Wealth) to deliver holistic financial solutions.Credit & Portfolio Management:Oversees the credit quality of the Loan portfolio, ensuring adherence to risk appetite and regulatory standards.Demonstrates ability to maintain a balanced approach to achieving growth goals as well as adherence to the Bank's Credit culture and policies.Reviews and approves credit requests within delegated authority; escalates larger or complex deals as appropriate.Monitors portfolio trends and proactively addresses emerging risks.Manages criticized and problem loans, including developing and executing action plans to mitigate risk and support client recovery or exit strategies.Operational & Compliance Oversight:Must understand all applicable laws and regulations that apply to the position and comply with the requirements.Ensures compliance with all applicable laws, regulations and internal policies.Oversees operational processes to support efficient and compliant loan origination and servicing.Team Leadership & Administration:Manages staffing and responsible for the supervision of assigned staff; exercises the usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, and terminations.Fosters a culture of accountability, collaboration, and continuous improvement.Proactively identifies talent needs and partners with HR to source, interview, and onboard new team members.Ensures completion of all required training and certifications.Regular and predictable attendance is an essential requirement of the position.Responsible for the completion of all compliance training related to the position.Non-Essential Functions:Performs all other duties as assigned.Experience/SkillsMinimum of ten (10) years of progressive experience in Commercial and Business Banking, including Loan structuring, credit analysis, Treasury Services, and relationship management preferred.Experience in recruiting and onboarding Commercial and Business Banking professionals to build a strong bench of future leaders.Proven track record of leading high-performing sales teams and driving business development.Demonstrated ability to coach, mentor, and develop talent across varying levels of experience.Strong understanding of credit risk management and portfolio oversight.Excellent interpersonal and communication skills, with the ability to influence and collaborate across departments.Strategic thinker with strong analytical and problem-solving capabilities.Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint); experience with CRM and loan origination systems preferred.Ability to manage multiple priorities in a fast-paced, client-focused environment.Education:Bachelor's degree preferred.Travel Requirements:Ability to travel to all locations as well as ability to travel overnight, as needed for meetings, projects, seminars, etc.Physical Demands:The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals to perform the essential functions.While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to 10 pounds.Equipment:MS Office PC, fax, phone and standard office equipment.Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities