1

Freelance Credit Risk Manager Jobs in Chicago, IL

Senior Audit Project Manager - Credit Risk

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Bancorp's credit risk management activities. This role is designed for an experienced internal auditor who brings deep proficiency in audit methodology and execution, along with substantial ...

The Senior Credit & Risk Solutions Product Specialist serves as a strategic subject matter expert and trusted advisor, partnering closely with Sales Leadership, Relationship Management and Product ...

Credit Monitoring & Control Specialist

Chicago, IL · On-site

$70K - $85K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

This position is a key role in the Bank's Risk Management Department and reports to the Credit Monitoring & Control Team Lead. Review both traditional and complex credit approval documents (credit ...

Credit Monitoring & Control Specialist

Chicago, IL · On-site

$70K - $85K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

This position is a key role in the Bank's Risk Management Department and reports to the Credit Monitoring & Control Team Lead. Review both traditional and complex credit approval documents (credit ...

Impact Finance Officer

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Credit Strategy is a dynamic team within Credit Risk Management focused on optimizing the identification, quantification and mitigation of credit risk. The team oversees critical second line of ...

Credit Review, Vice President

Chicago, IL · On-site

  • Medical

  • Retirement

Partner with Credit Risk Management stakeholders to establish strong working relationships while maintaining independence. * Ensure consistent application of firm wide Risk Policy as well as Credit ...

IMC is looking for an Experienced Risk Manager to join our Chicago Risk team, focusing primarily on ... Our team has a broad mandate across market, credit, capital, and operational risk. Rather than ...

Senior Financial Risk Analyst

Chicago, IL · On-site

$125K - $170K/yr

You will share Adyen's approach to credit risk management to merchants, commercial teams, and regulators. The base salary for this role in Chicago is: $125,000-$170,000. The total compensation ...

Showing results 41-60

Freelance Credit Risk Manager information

See Chicago, IL salary details

$89.1K

$163.1K

$246.7K

How much do freelance credit risk manager jobs pay per year?

As of Aug 14, 2026, the average yearly pay for freelance credit risk manager in Chicago, IL is $163,085.00, according to ZipRecruiter salary data. Most workers in this role earn between $137,500.00 and $182,800.00 per year, depending on experience, location, and employer.

What does a freelance credit risk manager do?

A Freelance Credit Risk Manager is an independent professional who evaluates and manages the risk associated with lending money or extending credit to clients or businesses. Their main responsibilities include analyzing financial statements, assessing creditworthiness, setting credit limits, and recommending risk mitigation strategies. They often work with banks, financial institutions, or companies on a project basis, providing expert advice without being a full-time employee. By identifying potential risks, they help ensure that clients make sound lending decisions and minimize potential financial losses.

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

To thrive as a Freelance Credit Risk Manager, you need a solid background in finance, risk assessment, and data analysis, typically supported by a degree in finance, economics, or a related field. Familiarity with credit risk modeling software, financial databases, and relevant certifications such as FRM or CFA is often required. Strong communication, independent problem-solving, and client management skills help distinguish top performers in this role. These abilities ensure accurate risk evaluation, build client trust, and support effective decision-making in dynamic environments.

What is the difference between Freelance Credit Risk Manager vs Credit Analyst?

AspectFreelance Credit Risk ManagerCredit Analyst
CredentialsRelevant certifications (e.g., CFA, credit risk certifications), experience in credit risk managementOften requires finance or accounting degrees, certifications like CFA or CPA beneficial
Work EnvironmentIndependent, remote or client-site, project-basedTypically in banks, financial institutions, or corporate finance teams
Employer & IndustryFreelance/consulting firms, financial services, lending companiesBanks, investment firms, corporate finance departments

While both roles involve assessing creditworthiness, a Freelance Credit Risk Manager focuses on managing credit risk strategies for multiple clients independently, whereas a Credit Analyst primarily works within organizations to evaluate individual credit applications. The freelance role offers flexibility and project-based work, while the credit analyst role is usually within a corporate or banking environment.

How does a freelance credit risk manager typically collaborate with clients and stakeholders?

As a Freelance Credit Risk Manager, you’ll frequently work with clients’ finance teams, senior management, and sometimes external auditors to assess and mitigate credit risks. Collaboration often takes place via virtual meetings, email communications, and shared project management tools, since many engagements are remote or hybrid. You’ll be expected to present your analyses, explain risk models, and provide actionable recommendations tailored to each client’s unique needs. Building strong relationships and clear channels of communication is essential for delivering value and ensuring your assessments are effectively implemented.

What are popular job titles related to Freelance Credit Risk Manager jobs in Chicago, IL?

For Freelance Credit Risk Manager jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Freelance Credit Risk Manager jobs in Chicago, IL look for?

The top searched job categories for Freelance Credit Risk Manager jobs in Chicago, IL are:

Risk Management - Real Estate Credit Risk Associate

JPMorgan Chase & Co

Chicago, IL • On-site

Full-time

Medical, Retirement

Re-posted 5 days ago


JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 494 frontline employees who took The Breakroom Quiz

71st of 171 rated banks


Job description

Bring your expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Real Estate Credit Risk Associate on the Commercial and Investment Bank - Real Estate Credit Risk Team, you will work closely with top product bankers and other risk professionals. Your primary tasks will encompass independent risk assessment and credit approval of loans and lending-related commitments. You will work a client base of leading real estate, lodging, gaming, homebuilding and real estate service companies. The portfolio of credit products we manage, and monitor includes corporate resource traditional credit products (revolving credit facilities and term loans), real estate asset level financings, whole loan repos, risk retention, derivatives and treasury lines.

Job Responsibilities

  • Conduct credit analysis and facilitate senior credit officer approval of lending and trading related transactions, including operating exposures, individually or as part of a deal team
  • Create written credit approval documents, which include the spreading and presentation of historical financial statement information and the related financial analysis, as well as projections of future cash flows for large corporate borrowers
  • Develop a well-informed and forward-looking view of the business, financial and risks associated with a company and sector
  • Manage and monitor a portfolio of client credit exposures, across industry classes, on an ongoing basis
  • Participate in negotiating, finalizing, and executing documentation for loans and derivatives
  • Review and assign risk ratings and maintains updated credit research on their portfolio of clients
  • Actively manage existing CRE portfolio and participate in portfolio management / surveillance projects

Required qualifications, capabilities and skills

  • Bachelor's degree in Finance, Accounting, Business, Economics or similar discipline
  • Minimum 3 years of professional work experience in corporate/commercial credit, investment banking or relevant experience within financial services or rating agency
  • Academic training in the principals of accounting, corporate finance, capital markets products and macro economics
  • Strong financial analysis and modeling skills
  • Exceptional communication (verbal and written) and inter-personal skills
  • Proficiency in Microsoft Office Suite, Excel, PowerPoint and Word

Preferred qualifications, capabilities and skills

  • Prior experience with major corporate bank credit team and or credit rating agency
  • Prior experience around Real estate or Corporate credit
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. 

What JPMorgan Chase & Co. employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom