ZipRecruiter

Log In

2

Entry Level Credit Risk Analyst Jobs in Chicago, IL

Avant LLC

Sr Analyst, Credit Risk - Loan

Chicago, IL · On-site

$66K - $88K/yr

Avant is looking for a Senior Credit Risk Analyst who will play a crucial role in evaluating and managing credit risk of the loan origination business. This role involves conducting in-depth analysis ...

Avant

Sr Analyst, Credit Risk - Loan

Chicago, IL · On-site

$66K - $88K/yr

Avant is looking for a Senior Credit Risk Analyst who will play a crucial role in evaluating and managing credit risk of the loan origination business. This role involves conducting in-depth analysis ...

Wintrust

Analyst, Counterparty Credit Risk

Rosemont, IL

$59K - $77K/yr

Position Overview The Counterparty Credit Risk Analyst will assist the VP and Department SVP in executing the independent second line of defense function. The fundamental goal of Counterparty Credit ...

Wintrust

Analyst, Counterparty Credit Risk

Rosemont, IL · On-site

$59K - $77K/yr

Position Overview The Counterparty Credit Risk Analyst will assist the VP and Department SVP in executing the independent second line of defense function. The fundamental goal of Counterparty Credit ...

TOPS Products

Credit & Collections Analyst

Naperville, IL · On-site

$25.91 - $34.50/hr

Key Responsibilities Credit Analysis & Risk Management * Evaluate customer creditworthiness using financial statements, credit reports, and payment history * Establish and maintain credit limits ...

next page

Showing results 1-20

All JobsEntry Level Credit Risk Analyst JobsEntry Level Credit Risk Analyst Jobs in Chicago, IL

Entry Level Credit Risk Analyst information

See Chicago, IL salary details

$38.1K

$117.3K

$203.5K

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

As of Jun 14, 2026, the average yearly pay for entry level credit risk analyst in Chicago, IL is $117,314.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,000.00 and $144,700.00 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 Chicago, IL? The most popular types of Credit Risk Analyst jobs in Chicago, IL are:
What are popular job titles related to Entry Level Credit Risk Analyst jobs in Chicago, IL? For Entry Level Credit Risk Analyst jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Entry Level Credit Risk Analyst jobs in Chicago, IL look for? The top searched job categories for Entry Level Credit Risk Analyst jobs in Chicago, IL are:
Entry Level Credit Risk Analyst jobs near you
Infographic showing various Entry Level Credit Risk Analyst job openings in Chicago, IL as of June 2026, with employment types broken down into 2% Locum Tenens, 81% Full Time, 15% Part Time, and 2% Nights. Highlights an 94% Physical, 4% Hybrid, and 2% Remote job distribution, with an average salary of $117,314 per year, or $56.4 per hour.
Sr Analyst, Credit Risk - Loan

Sr Analyst, Credit Risk - Loan

Avant LLC

Chicago, IL • On-site

$66K - $88K/yr

Full-time

Medical, Dental, Vision, Retirement

Posted 8 days ago

Job description

Avant is looking for a Senior Credit Risk Analyst who will play a crucial role in evaluating and managing credit risk of the loan origination business. This role involves conducting in-depth analysis and providing insights to support risk management strategies and drive growth. You will work closely with the team and cross-functional partners to drive data-driven decisions that balance prudent risk management with aggressive growth in a dynamic FinTech environment. This is a high-impact role with visibility to senior leadership and direct influence on our credit risk framework.
What you'll do at Avant:
  • Lead the end-to-end strategy change from hypothesis and proposal to implementation and performance tracking
  • Perform comprehensive credit risk analysis for various portfolios.
  • Develop and maintain detailed credit risk models and tools.
  • Conduct advanced data analysis to evaluate risk and identify trends.
  • Prepare and present detailed risk reports and presentations for senior management.
  • Collaborate with cross-functional teams to develop risk mitigation strategies.
  • Build business cases for new credit risk initiatives to drive growth.
  • Monitor and analyze economic and industry trends affecting credit risk.

Why you're at fit at Avant:
  • Bachelor's Degree in Finance, Economics, Math, Engineering, or related field.
  • 2+ years of experience in credit risk analysis, preferably in the credit card or personal loan industry.
  • Strong analytical and quantitative skills.
  • Proficiency in SQL and Python.
  • Excellent communication and presentation skills.
  • Ability to manage multiple projects and meet deadlines.

This role is based on our downtown Chicago Office, located in the Merchandise Mart. We highly value collaboration and our hybrid schedule (M, T, Th in-office) enables flexibility to balance work and individual priorities.
Compensation Range:
The base salary range for this job is USD $66,000 - USD $88,000/ Year
Employees new to Avant typically come in below the midpoint of the pay range. The compensation range is based on the level outlined in the job posting, and compensation decisions are dependent on each applicant's experience, skills and abilities.
[If an outstanding applicant's experience and skill level is above or below the qualifications outlined in the job posting, we reserve the right to make an offer at a different level than the one listed in this job posting, which may have a different compensation range.]
This role is eligible for additional incentives, including an annual bonus. These rewards are allocated based on level, impact and performance in the role.
Our benefits include:
  • Choice of great Medical, Dental, and Vision Insurance Plan options
  • 401(k) match
  • Flexible Time Off
  • Flexible Work Environment - (i.e. Mon/Tues/Thurs in-person)
  • Generous Paid Parental Leave, Adoption Assistance and Post-parental leave ramp-up program
  • Lunch Allowance (Fooda) and In-office Snacks
  • Summer Fridays
  • Fun In-Office and Virtual Social Events
  • And who doesn't love the swag

Check out our Avant Blog!
We believe that a diverse set of backgrounds and experiences helps us create the most innovative solutions for our customers. We invite you to apply to our positions even if you do not meet 100% of the qualifications listed in the description. If you're passionate about our mission and aligned to our values, we hope you'll come contribute to our awesome culture.
Why Avant is the place for you:
At Avant, we believe our values make a difference:
Authenticity. We show up to work as our whole selves and make sure others can too.
Collaboration. We can only succeed when we do so as a team.
Problem-Solving. The harder the problem, the more satisfying the solution.
Customer. We are all owners of the customer experience.
Initiative. Plan. Adapt. Get Sh!t Done.
We believe that great ideas come from anyone and anywhere, that everyone is an owner who drives change, and that we have more fun when we work together. We're problem solvers who love collaborating with intelligent and highly-motivated people to reshape the face of digital banking. Avant offers terrific perks and benefits, fun social events with employees who actually like hanging out together, and a flexible growth environment where trying your hand at new projects and being the active owner of your career path is encouraged and supported.
To learn more about how Avant collects and uses your personal information, please see the Avant Privacy Policy.

Apply