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Entry Level Credit Risk Analyst Jobs in Norfolk, VA

Commercial Credit Analyst

Norfolk, VA ยท On-site

$51K - $86K/yr

... risk of complete credit relationship including borrower, related entities, guarantors, and ... May analyze relationship profitability reports to help determine appropriate pricing for ...

This position requires a comprehensive understanding of credit analysis, risk assessment, and loan structuring . You will evaluate financial statements, analyze risk factors, and ensure applications ...

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Showing results 1-20

Entry Level Credit Risk Analyst information

See Norfolk, VA salary details

$35.8K

$110.2K

$191.1K

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

As of Sep 12, 2026, the average yearly pay for entry level credit risk analyst in Norfolk, VA is $110,185.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,800.00 and $135,900.00 per year, depending on experience, location, and employer.

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 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 are popular job titles related to Entry Level Credit Risk Analyst jobs in Norfolk, VA?

For Entry Level Credit Risk Analyst jobs in Norfolk, VA, the most frequently searched job titles are:

What job categories do people searching Entry Level Credit Risk Analyst jobs in Norfolk, VA look for?

The top searched job categories for Entry Level Credit Risk Analyst jobs in Norfolk, VA are:

What cities near Norfolk, VA are hiring for Entry Level Credit Risk Analyst jobs?

Cities near Norfolk, VA with the most Entry Level Credit Risk Analyst job openings:

Infographic showing various Entry Level Credit Risk Analyst job openings in Norfolk, VA as of September 2026, with employment types broken down into 1% As Needed, 88% Full Time, 9% Part Time, and 2% Contract. Highlights an 84% Physical, 4% Hybrid, and 12% Remote job distribution, with an average salary of $110,185 per year, or $53 per hour.

Risk Management Analyst - Portsmouth, NH

Portsmouth, VA โ€ข On-site

Service Federal Credit Union
Finance and Insuranceย โ€ขย 501 - 1,000 employees

$60K/yr

Other

Medical, Dental, Retirement, PTO

Posted 11 days ago


Job description

Itโ€™s fun to work in a company where people truly BELIEVE in what theyโ€™re doing! Weโ€™re committed to bringing passion and customer focus to the business. Service Credit Union is seeking a Risk Management Analyst who will be responsible for supporting the daily operations, documentation, monitoring, and administrative functions of the department while developing foundational knowledge of enterprise risk management practices. โ€œMembers are the priority at Service Credit Union, and every role at the credit union is responsible for supporting member solutions and contributing positively to member experience.โ€

Compensation: Starting at $60,000. Negotiable with experience. Hours: Monday - Friday8:30a.m.-5:00-p.m. Location: Portsmouth,NH Service Credit Union Corporate Headquarters. Hybrid: Required three days in office.

  • Great health and dental benefits starting day one!
  • PTO, long-term disability, and paid holidays.
  • 401k with8%company contribution after one year of employment.
  • Paid leave policy after 12 consecutive months of employment.
  • Free confidential mental health support program with Talkspace
  • Free identity theft protection through IdentityForce
  • Tuition reimbursement.
  • Training and career growth opportunities.
Position Responsibilities
  • Identify, gather, and document current business processes through stakeholder interviews, workflow analysis, and process mapping.
  • Conduct day-to-day operational activities associated with the Enterprise Risk Management program, including risk assessments, RCSAs, data collection, and reporting support.
  • Assist in identifying, documenting, and evaluating operational, compliance, strategic, and reputational risks across business units.
  • Communicate risk findings and recommendations to business unit owners in a professional and collaborative manner.
  • Support business unit owners in the development and tracking of corrective action plans and risk mitigation activities.
  • Maintain accurate system records, documentation, and data entry within departmental systems and applications.
  • Collect, organize, and maintain key risk indicator (KRI) data and supporting documentation.
  • Assist with preparation and maintenance of risk reports, assessment documentation, and program tracking activities.
  • Develop and maintain departmental procedures, workflows, and process documentation to support operational consistency and program maturity.
  • Support ongoing monitoring and followโ€‘up activities related to risk assessments, action plans, and remediation efforts.
  • Participate in process improvement initiatives and identify opportunities to strengthen operational efficiency and risk management practices.
  • Collaborate with internal stakeholders to support risk awareness, governance, and control effectiveness.
  • Contribute to a positive and collaborative team environment through knowledge sharing, accountability, and continuous learning.
  • Regular and reliable attendance is an essential function of this position.
  • Perform other duties as required.
Required Knowledge and Skills
  • Bachelorโ€™s degree required.
  • Minimum 3 years experience in Risk Management.
  • Financial industry experience preferred.
  • Ability to identify, assess, and articulate operational, compliance, strategic, and control risks.
  • Strong critical thinking and problem-solving skills.
  • Ability to think through and build sustainable processes and workflows.
  • Inquisitive mindset with a natural tendency to ask โ€œwhy.โ€
  • Ability to analyze issues beyond surface-level symptoms and identify root causes.
  • Comfortable challenging assumptions and identifying gaps in controls or processes.
  • Ability to connect business activities to risk impacts and control requirements.
  • Strong attention to detail while maintaining awareness of enterprise-level impacts.
  • Ability to prioritize competing risks and assignments effectively.
  • Ability to develop and document risk events, controls, mitigation strategies, and corrective actions.
  • Experience building or enhancing risk assessment methodologies and governance processes.
  • Ability to evaluate effectiveness of controls and recommend practical improvements.
  • Ability to translate regulatory or policy expectations into operational processes.
  • Understanding of risk management frameworks, governance, and control environments.
  • Ability to support development of KRIs, reporting metrics, and monitoring activities.
  • Ability to document procedures and workflows clearly and effectively.
  • Effective communicator capable of translating complex risk and control concepts into business-friendly language.
  • Ability to build strong working relationships across business units.
  • Personable and collaborative approach when working with stakeholders.
  • Comfortable facilitating discussions surrounding risk, accountability, and process improvement.
  • Ability to provide constructive feedback professionally and respectfully.
  • Ability to influence without direct authority.
  • Strong written communication and presentation skills.
  • Ability to train, coach, or guide business partners through risk-related processes.
  • Self-starter with strong initiative and accountability.
  • Positive attitude with a solutions-oriented mindset.
  • Coachable and open to continuous feedback and development.
  • Ability to manage multiple assessments, projects, and competing priorities simultaneously.
  • Strong organizational and time-management skills.
  • Adaptable and comfortable working in evolving environments.
  • Ability to work independently while also contributing to team success.
  • Demonstrates professionalism, discretion, and sound judgment.
  • Comfortable navigating ambiguity and developing structure where needed.

At Service Credit Union we celebrate our employees diverse backgrounds, ethnicities, gender identities, spiritual practices, abilities, and all the other traits that make us individuals. We follow the adage of treating others how we want to be treated while striving for understanding. Together, we create a unique credit union capable of serving our members needs with the same respect, empathy, and kindness we give each other.

Equal Opportunity EmployerWho We Are

At Service Credit Union, our purpose is doing what is right for our members, which is so much more than a job. Joining Service CU means joining โ€œone teamโ€ all connected by the same values: family, community, service and integrity.

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