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Credit Risk Jobs (NOW HIRING)

Credit Risk Associate

Chicago, IL ยท On-site

$73K - $100K/yr

Exempt The Credit Risk Associate will analyze and mitigate credit risk exposure for RWEA. Role Responsibilities: * Assess and monitor counterparty credit exposures, including payment, performance ...

We're looking for a Credit Risk Analyst in Raleigh, NC to join us in fulfilling our mission, while utilizing our values of excellence, improvement, and connection. In this role, you will provide ...

Position Summary The Credit Risk Manager will be responsible for reporting, analytics and credit strategy formulation to support credit underwriting for US Auto's auto financing business. This is a ...

Perform credit risk analysis to support targeting, offer strategy, and campaign decisioning. * Monitor campaign performance, including response, approval, and early credit indicators. * Identify ...

As Marqeta's Credit Risk Manager you will lead credit underwriting and account management for our SMB and commercial card programs, helping us launch and scale credit offerings for small, mid-market ...

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Credit Risk information

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$50K

$109.3K

$183K

How much do credit risk jobs pay per year?

As of Jun 26, 2026, the average yearly pay for credit risk in the United States is $109,314.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,000.00 and $142,000.00 per year, depending on experience, location, and employer.

What is the highest paying risk management job?

In risk management, senior roles such as Chief Risk Officer (CRO) or Director of Risk typically have the highest salaries, often exceeding six figures annually. These positions require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills within financial institutions or large corporations.

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 statements, and a background in finance, economics, or a related field, often supported by a relevant degree or certification (such as FRM or CFA). Familiarity with risk assessment tools, financial modeling software, and credit rating systems is typically required. Attention to detail, critical thinking, and effective communication are essential soft skills for interpreting data and presenting risk assessments to stakeholders. These skills and qualities are crucial for making informed decisions that minimize financial losses and ensure sound lending practices.

What is the salary of Credit Risk Analyst?

The average salary for a Credit Risk Analyst at JP Morgan typically ranges from $70,000 to $100,000 annually, depending on experience, location, and education. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn higher compensation, often supplemented with bonuses and benefits.

Will a credit analyst be replaced by AI?

Credit analysts evaluate financial data and assess credit risk, a role that involves complex judgment and interpretation. While AI tools can automate data analysis and streamline processes, human expertise remains essential for nuanced decision-making and understanding context, making full replacement unlikely in the near term.

What is the difference between Credit Risk vs Credit Analyst?

AspectCredit RiskCredit Analyst
Primary FocusAssessing the likelihood of borrower default to manage overall credit riskAnalyzing credit data to determine creditworthiness of individual applicants
Work EnvironmentRisk management teams, financial institutions, credit departmentsBanking, lending institutions, financial services
Required CredentialsOften requires risk management certifications, finance degreesFinance or accounting degrees, certifications like CFA or credit-specific courses

While both roles involve understanding credit, Credit Risk focuses on managing the overall risk exposure of an organization, whereas a Credit Analyst evaluates individual credit applications to determine approval. Both roles are essential in the lending process but differ in scope and responsibilities.

What is credit risk and what does a credit risk professional do?

Credit risk refers to the possibility that a borrower or counterparty will fail to meet their financial obligations, such as repaying a loan or making payments on time. Credit risk professionals analyze financial data, assess the creditworthiness of individuals or companies, and help set lending policies to minimize potential losses for banks or financial institutions. They use various models and tools to evaluate risk, monitor existing loans, and recommend strategies to mitigate exposure. Their work is essential for maintaining the financial health and stability of lending organizations.

What are some typical challenges faced by professionals in credit risk roles, and how can they be addressed?

Credit risk professionals often encounter challenges such as assessing the creditworthiness of new and existing clients, keeping up with rapidly changing market conditions, and managing large volumes of data to make informed decisions. To address these, it's important to stay updated on industry trends, develop strong analytical and communication skills, and leverage advanced risk assessment tools. Collaborating closely with colleagues in underwriting, sales, and compliance teams also helps ensure well-rounded risk evaluations and consistent application of policies.

What is credit risk as a job?

A credit risk professional assesses the likelihood that borrowers will default on their loans or credit obligations. They analyze financial data, credit reports, and economic factors to help organizations manage potential losses and make informed lending decisions, often using risk modeling tools and adhering to regulatory standards.
More about Credit Risk jobs
What cities are hiring for Credit Risk jobs? Cities with the most Credit Risk job openings:
What are the most commonly searched types of Credit Risk jobs? The most popular types of Credit Risk jobs are:
What states have the most Credit Risk jobs? States with the most job openings for Credit Risk jobs include:
Infographic showing various Credit Risk job openings in the United States as of June 2026, with employment types broken down into 82% Full Time, 15% Part Time, 1% Temporary, and 2% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $109,314 per year, or $52.6 per hour.

Credit Risk Associate

RWE

Chicago, IL โ€ข On-site

$73K - $100K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago


Job description


RWE Americas, LLC
To start as soon as possible, full time, permanent
Functional area: Finance / Controlling
Remuneration: Exempt

Theย Credit Risk Associateย will analyze and mitigate credit risk exposure for RWEA.

Role Responsibilities:

  • Assess and monitor counterparty credit exposures, including payment, performance, and supplier risks, for assigned portfolios primarily in North America
  • Prepare concise credit reports and rating assessments using financial statements, rating agency reports, and market news to support internal approvals. Utilize AI per policy guidelines, verifying data accuracy
  • Set up, monitor and maintain counterparty profiles, credit limits, and collateral requirements within RWE Credit Risk systems under supervision
  • Support credit risk initiatives and internal reporting through accurate data collection and maintenance, including incoming and outgoing collateral
  • Utilize credit risk systems to input, track and manage credit exposures in line with policies and procedures
  • Collaborate with Legal and Front/Back Office teams to review credit requirements and ensure compliance with contractual terms

Job Requirements and Experiences:

  • Bachelor's degree or equivalent in business administration, finance or economics required
  • Minimum 1 year ofย experience in counterparty credit management within the energy, utilities, or banking sectors
  • Experience in analysis of corporate and financial institutions from a credit risk, balance sheet, and cash flow perspective
  • Working knowledge of different contracts e.g. ISDA, PPA's, REC, and the credit terms within those contracts is a plus
  • Experience successfully prioritizing and completing work independently, demonstrating initiative, dependability, and strong self-motivation
  • Proven ability to build relationships and effectively communicate with people from a diverse set of backgrounds
  • Ability to work within tight deadlines
  • Ability to work independently and as part of a team
  • Must be able to sit, walk or stand for long durations of time
  • Strong interpersonal skills, with ability to manage customer relationships
  • Demonstrated desire to learn about the Company and the renewables space
  • Excellent proficiency with Microsoft Office (Excel, Word, PowerPoint, Outlook) and Teams
  • Strong leadership and communication, and ability to meet deadlines
  • Strong organization skills and ability to coordinate multiple tasks and deliverables
  • Ability to multi-task, while working independently and as part of a team
  • Motivated self-starter, goal-oriented, and strong problem-solving abilities
  • Proven ability to empathize, build relationships, and effectively communicate with people from a diverse set of backgrounds
  • Responds well to direction, is easy to challenge and develop, and is coachable
  • Is detail-oriented, has strong business acumen, and a sound understanding of business concepts

Applicants must be legally authorized to work in the United States. RWE Americasย is unable to sponsor or take over sponsorship of employment visas at this time.

Pay range: The annual base salary range for this position in Illinois is $73,000 - $100,000. The listed salary range represents our good faith estimate for this position and represents the range for new hire salaries across all U.S locations. Please note that the salary information is a general guideline only. RWE considers factors such as (but not limited to) scope and responsibilities of the position, candidate's education & work experience, training & certifications, and key skills as well as market and business considerations at the time of the offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays. Eligible employees also participate in short-term incentives, in addition to salary.
Apply with just a few clicks: ad code 92702
Any questions? Contact HR: rwe_americas_recruiting@rwe.comย 
We look forward to meeting you. Of course, you can find us on LinkedIn, Instagram, Facebook, YouTube and Xing, too.
All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.
RWE Americas, a subsidiary of RWE, is a US-based energy company that is helping to meet the growing demand for energy across the United States. Backed by RWE's 125-year global legacy of managing diverse power assets, RWE Americas operates approximately 13 GW of power projects across 27 states. With a talented workforce of 2,000 employees, RWE Americas develops, constructs and operates wind, solar and battery storage projects, along with natural gas-powered generation, that safely deliver affordable, reliable electricity to our customers. Committed to responsible development, RWE Americas invests in local and rural communities, creating jobs and partnering with stakeholders to support and strengthen the places where we live and work. Learn more about how RWE Americas is generating impact at americas.rwe.com.

At RWE Americas, we foster a culture defined by our Essential Behaviors - Have Courage, Create Impact and Actively Collaborate. We encourage bold thinking and continuous learning, and we value ownership, resilience and inclusion in everything we do. When you join us, you become part of a team that supports your development, respects your contributions and celebrates shared success. This is a place where you can grow your career and make a meaningful difference.