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Junior Credit Risk Analyst Jobs in Burr Ridge, IL

Prepare comprehensive written credit analyses that articulate the financing need, key risk factors ... Mentor and develop junior credit professionals, sharing technical expertise and contributing to ...

Prepare comprehensive written credit analyses that articulate the financing need, key risk factors ... Mentor and develop junior credit professionals, sharing technical expertise and contributing to ...

Strong credit analytical skills and credit process knowledge. * Knowledge of the banking industry and regulatory guidelines as they relate to credit review and credit risk management practices.

VP, Credit Risk Oversight

Rosemont, IL · On-site

$117K - $150K/yr

Strong credit analytical skills and credit process knowledge. * Knowledge of the banking industry and regulatory guidelines as they relate to credit review and credit risk management practices.

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Junior Credit Risk Analyst information

See Burr Ridge, IL salary details

$15

$31

$52

How much do junior credit risk analyst jobs pay per hour?

As of Sep 3, 2026, the average hourly pay for junior credit risk analyst in Burr Ridge, IL is $31.69, according to ZipRecruiter salary data. Most workers in this role earn between $22.79 and $34.86 per hour, depending on experience, location, and employer.

What is a junior credit risk analyst?

A Junior Credit Risk Analyst is responsible for assessing the creditworthiness of individuals or businesses to minimize financial risk for a company. They analyze financial data, review credit reports, and assist in developing risk models. Their role supports senior analysts and risk managers in making informed lending decisions. Strong analytical skills, attention to detail, and knowledge of financial principles are essential for success in this position.

What are common responsibilities and projects for a junior credit risk analyst?

As a Junior Credit Risk Analyst, your daily tasks may involve gathering and analyzing financial data, preparing credit risk reports, and monitoring the performance of loan portfolios. You’ll typically assist senior analysts with evaluating new credit applications, performing industry research, and contributing to risk modeling initiatives. Collaboration with other teams, such as loan officers or underwriting, is frequent to ensure a complete understanding of client profiles and risk factors. This hands-on experience with varied projects helps build a strong foundation in financial risk assessment and opens up opportunities for advancement to more senior roles in credit or risk management.

What are the key skills and qualifications needed to thrive in the junior credit risk analyst position, and why are they important?

To excel as a Junior Credit Risk Analyst, you should possess strong analytical abilities, attention to detail, proficiency in financial analysis, and typically hold a degree in finance, economics, or a related field. Familiarity with risk assessment software, data visualization tools like Excel or Tableau, and knowledge of credit scoring systems are commonly required. Excellent communication skills, eagerness to learn, and effective teamwork set standout candidates apart. These skills are essential for accurately evaluating client risk, supporting informed lending decisions, and collaborating efficiently within a financial team.

What are popular job titles related to Junior Credit Risk Analyst jobs in Burr Ridge, IL?

For Junior Credit Risk Analyst jobs in Burr Ridge, IL, the most frequently searched job titles are:

What job categories do people searching Junior Credit Risk Analyst jobs in Burr Ridge, IL look for?

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What cities near Burr Ridge, IL are hiring for Junior Credit Risk Analyst jobs?

Cities near Burr Ridge, IL with the most Junior Credit Risk Analyst job openings:

Credit Risk Management Quality Assurance Professional

US Bank

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 15 days ago


Key responsibilities

  • Conduct independent reviews of credit risk areas to assess adherence to policies and procedures.

  • Analyze and validate complex underwriting and lending criteria across various portfolios.

  • Document review activities, compile testing results, and prepare reports for management.


U.S. Bank rating

8.1

Company rating: 8.1 out of 10

Based on 364 frontline employees who took The Breakroom Quiz

66th of 174 rated banks


Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

We are seeking an individual contributor to join our Credit Risk Quality Assurance (QA) testing team which is part of our Credit Risk Administration (CRA) team. The Credit Risk QA team assesses portfolio risks and adherence to Credit Policy and Procedures. QA coverage is risk-based and evolves to address changing business needs, regulatory priorities, and emerging risks.

About the Credit Risk Administration (CRA) Team

We are a highly dynamic and talented team which delivers on our mission through four pillars: Customer, Process, Talent, and Data.

Vision | We create the future of credit risk management through data, analytics, and risk process innovation for our customers.

Mission | We deliver data-driven information solutions to protect our stakeholders and inform the most significant financial decisions in the bank.

Values | In addition to U.S. Bank core values, we prioritize collaboration, integrity, simplicity, and continuous learning.

About the Role

The Credit Risk Management QA Professional will be part of an established, collaborative team responsible for executing independent reviews across a range of credit risk areas, including Highly Leveraged Transactions (HLT), Shared National Credits (SNC), Weak and Marginal Credit, and Enterprise Valuation Analysis. The role supports oversight activities designed to assess alignment with established risk management and regulatory requirements, with opportunities to contribute to additional coverage areas as priorities evolve.

Additional responsibilities include analyzing and validating complex underwriting and lending criteria across Wealth, Corporate, Commercial, Institutional, and Business Banking portfolios; assessing the effectiveness of credit risk frameworks and controls; conducting analyses to identify emerging trends and areas warranting further review; providing credible challenge and recommendations where appropriate; and identifying reporting enhancements and process improvement opportunities that strengthen risk management practices and support the team's strategic objectives.

Essential Functions:

  • Analyze and filter large data sets using defined criteria to establish testing populations and support sample selection.

  • Document review activities and results within QA testing workpapers and reports, including the identification and escalation of items requiring secondary review.

  • Partner with CRM Approval Officers and other stakeholders to resolve testing inquiries, validate observations, and facilitate corrective action efforts.

  • Ensure adherence to established QA methodologies, findings guidance, and process requirements.

  • Compile testing results and prepare related reporting for senior and executive management.

  • Provide subject matter expertise and consultative support to CRM Credit Approval, Business Lines, and other stakeholders on credit risk and quality assurance matters.

  • Participate in reciprocal cross-training by learning assigned responsibilities from others and providing training and support on own areas of expertise.

  • Assess and evaluate risk, credit quality, and emerging concerns within assigned products, portfolios, or Business Lines.

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than six years of applicable experience

Preferred Skills/Experience

- Bachelor's degree or higher in Accounting, Finance, Economics, or a related field.

- Experience in commercial credit analysis, wholesale portfolio management, or related disciplines.

- Comprehensive knowledge of commercial lending, credit analysis, credit administration, and lending policies and procedures, including expertise in Commercial & Industrial (C&I) and Commercial Real Estate (CRE) lending.

- Advanced proficiency with Microsoft 365 applications (particularly Excel, Word, and PowerPoint) and credit-related systems, including underwriting, loan servicing, and credit approval platforms.

- Strong analytical, problem-solving, risk assessment, and decision-making skills.

- Demonstrated project management and planning capabilities, with the ability to manage multiple priorities and maintain attention to detail.

- Excellent verbal, written, and interpersonal communication skills, with the ability to build effective partnerships and influence outcomes across teams.

- Self-motivated and resourceful, with the ability to work independently, quickly adapt to new technologies and business priorities, and deliver results with minimal supervision.

Location expectations
This role requires working from a U.S. Bank location listed three (3) or more days per week.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $98,175.00 - $115,500.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.


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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

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