2

Entry Level Credit Risk Analyst Jobs in Illinois

Risk Management Analyst

Northbrook, IL · On-site

$20.19 - $26/hr

The Risk Analyst is responsible gathering and analyzing information in order to underwrite a ... Review Credit Line increase requests and submit recommendations based on completed due diligence.

If you enjoy analyzing risk, solving complex problems, and building relationships across teams, this is a high-impact opportunity to make a difference. What You'll Do: Credit Risk & Decision Making

If you enjoy analyzing risk, solving complex problems, and building relationships across teams, this is a high-impact opportunity to make a difference. What You'll Do: Credit Risk & Decision Making

New

Design and build robust credit risk models, including application scorecards, behavioral models ... Mine and analyze data from company databases to drive optimization and improvement of product ...

The Credit Analyst II is knowledgeable on financial and risk analysis and demonstrates proficiency in financial modeling. The Credit Analyst II is expected to build proficiency in underwriting ...

The Credit Analyst II is knowledgeable on financial and risk analysis and demonstrates proficiency in financial modeling. The Credit Analyst II is expected to build proficiency in underwriting ...

The Credit Analyst II is knowledgeable on financial and risk analysis and demonstrates proficiency in financial modeling. The Credit Analyst II is expected to build proficiency in underwriting ...

The Credit Analyst II is knowledgeable on financial and risk analysis and demonstrates proficiency in financial modeling. The Credit Analyst II is expected to build proficiency in underwriting ...

The Credit Analyst II is knowledgeable on financial and risk analysis and demonstrates proficiency in financial modeling. The Credit Analyst II is expected to build proficiency in underwriting ...

The Credit Analyst II is knowledgeable on financial and risk analysis and demonstrates proficiency in financial modeling. The Credit Analyst II is expected to build proficiency in underwriting ...

The Credit Analyst II is knowledgeable on financial and risk analysis and demonstrates proficiency in financial modeling. The Credit Analyst II is expected to build proficiency in underwriting ...

Senior Financial Risk Analyst

Chicago, IL · On-site

$111K - $130K/yr

... credit risks for the Treasury function * Collaborate with Finance and Product teams to assess ... experience in data analytics, risk management, or a comparable analytical role * Strong ...

next page

Showing results 1-20

Entry Level Credit Risk Analyst information

See Illinois salary details

$35.9K

$110.4K

$191.4K

How much do entry level credit risk analyst jobs pay per year?

As of Jun 15, 2026, the average yearly pay for entry level credit risk analyst in Illinois is $110,353.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,900.00 and $136,100.00 per year, depending on experience, location, and employer.

What are the typical daily responsibilities of an Entry Level Credit Risk Analyst?

As an Entry Level Credit Risk Analyst, your daily tasks typically include gathering and analyzing financial data, evaluating the creditworthiness of loan applicants or counterparties, and preparing risk assessment reports. You'll often assist senior analysts in developing credit risk models and support the credit approval process by summarizing your findings for management review. Collaboration with colleagues in underwriting, portfolio management, and compliance is common, so you'll have the opportunity to learn from various teams. This role provides a solid foundation in risk analysis and offers significant exposure to financial and credit decision-making processes.

What are the key skills and qualifications needed to thrive in the Entry Level Credit Risk Analyst position, and why are they important?

To thrive as an Entry Level Credit Risk Analyst, you need strong analytical and quantitative abilities, a bachelor's degree in finance, economics, or a related field, and a keen attention to detail. Familiarity with Excel, financial modeling tools, and risk assessment software, as well as knowledge of databases and possibly SAS or Python, is often required. Excellent communication, time management, and problem-solving skills help you interpret data and present findings effectively. These skills ensure accurate risk evaluations, sound decision-making, and effective collaboration within credit risk teams.

What does an Entry Level Credit Risk Analyst do?

An Entry Level Credit Risk Analyst evaluates financial data to assess the creditworthiness of individuals or businesses. They analyze credit reports, financial statements, and payment histories to identify potential risks. Their role supports risk management strategies by helping companies make informed lending or investment decisions. Additionally, they may assist in maintaining risk models and ensuring compliance with internal policies and industry regulations. Strong analytical skills, attention to detail, and proficiency in financial tools are essential for success in this role.

What are the most commonly searched types of Credit Risk Analyst jobs in Illinois? The most popular types of Credit Risk Analyst jobs in Illinois are:
What are popular job titles related to Entry Level Credit Risk Analyst jobs in Illinois? For Entry Level Credit Risk Analyst jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Entry Level Credit Risk Analyst jobs in Illinois look for? The top searched job categories for Entry Level Credit Risk Analyst jobs in Illinois are:
What cities in Illinois are hiring for Entry Level Credit Risk Analyst jobs? Cities in Illinois with the most Entry Level Credit Risk Analyst job openings:
Infographic showing various Entry Level Credit Risk Analyst job openings in Illinois as of June 2026, with employment types broken down into 2% Locum Tenens, 80% Full Time, 17% Part Time, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $110,353 per year, or $53.1 per hour.
Risk Management Analyst

Risk Management Analyst

Wintrust

Northbrook, IL • On-site

$20.19 - $26/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 8 days ago


Wintrust rating

8.0

Company rating: 8.0 out of 10

Based on 20 frontline employees who took The Breakroom Quiz

53rd of 141 rated banks


Job description

As one of the largest premium finance companies in the country, FIRST Insurance Funding provides full premium finance services, plus additional services built specifically for agencies. We pride ourselves on the variety of incentive programs, services, and technology we offer. This not only helps grow the agents, brokers, and companies we partner with, but also helps them better serve their clients. FIRST Insurance Funding is a subsidiary of Wintrust, a financial services company with more than $66 billion in assets.
FIRST Insurance Funding prides itself in its commitment to service. Not only do we provide excellent service to our customers, but we focus on serving our community and coworkers as well. With management's "Open Door" policy, every employee has a voice. Everyone helps as FIRST continually improves processes and opens lines of communication.
FIRST provides a relaxed (blue jeans allowed), fun environment for its employees with many team-building events, our annual summer barbeque and holiday party, and many more!
We offer a competitive salary with a comprehensive benefits package, including medical, dental, 401(k) matching, stock options, tuition reimbursement, gym membership reimbursement, and much more.
No matter whom we're serving... our customers, the community or each other... FIRST excels!
The Risk Analyst is responsible gathering and analyzing information in order to underwrite a variety of external business units within the company's portfolio. The Risk Analyst is also responsible for reviewing existing agents, general agents and insurance carriers and making recommendations to be presented to Credit Committee, Executive Credit Committee and/or Management. The associate will make informed decisions based on Risk evaluation criteria.
Principle Duties and Responsibilities:
  • Complete underwriting for new Agent entities along with approval memos including all necessary Risk criteria.
  • Review existing entities for annual portfolio reviews (Agents, General Agents and Insurance Carriers)
  • Investigate trends/patterns within portfolio and recommend actions plans to leadership based on review findings
  • Review Credit Line increase requests and submit recommendations based on completed due diligence.
  • Conduct bank references, market references and policy/funding verifications on necessary entity setup/reviews
  • Reach out to key internal/external business partners to discuss needed information, business decisions and/or findings to determine applicable next steps.

Job Requirements:
  • Minimum Associates Degree/Bachelors Preferred
  • Minimum 2-3 years banking experience
  • Resourceful and well-organized
  • Good interpersonal skills
  • Ability to analyze keys sets of data and determine trends
  • Proven ability to demonstrate quality decision making
  • Detail Oriented
  • Exhibit proactive teamwork
  • Ability to work in a fast-paced environment
  • Accountable for accuracy and timeliness of work product
  • Knowledge of Microsoft Word and Excel

Compensation
The estimated hourly rate for this role is $20.19 - $26.00 along with eligibility to earn an annual bonus. Actual pay rate may vary based on several factors, such as a candidate's qualifications, skills and experience
Benefits
Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance
#LI-ONSITE
#LI-LR1
From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.

What Wintrust employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom