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Remote Credit Risk Officer Jobs in Chicago, IL (NOW HIRING)

Sr. Product Manager - Credit Risk

Chicago, IL ยท On-site +1

$120K - $180K/yr

With offices in Chicago, Miami, and around the world through the power of remote work, we are a ... Job Summary The Senior Product Manager will report directly to the Chief Risk Officer (CRO) of ...

Sr. Product Manager - Credit Risk

Chicago, IL ยท On-site +1

$120K - $180K/yr

With offices in Chicago, Miami, and around the world through the power of remote work, we are a ... Job Summary The Senior Product Manager will report directly to the Chief Risk Officer (CRO) of ...

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Showing results 1-20

Remote Credit Risk Officer information

See Chicago, IL salary details

$78.8K

$138.9K

$216.8K

How much do remote credit risk officer jobs pay per year?

As of Jul 16, 2026, the average yearly pay for remote credit risk officer in Chicago, IL is $138,916.00, according to ZipRecruiter salary data. Most workers in this role earn between $112,300.00 and $158,600.00 per year, depending on experience, location, and employer.

What is the difference between Remote Credit Risk Officer vs Remote Credit Analyst?

AspectRemote Credit Risk OfficerRemote Credit Analyst
CredentialsBachelor's degree in finance, economics, or related field; certifications like CFA or credit risk certificationsBachelor's degree in finance, accounting, or related field; often holds similar certifications
Work EnvironmentTypically part of risk management teams within banks or financial institutions, often in corporate offices or remotelyUsually works within credit departments, analyzing data and assessing creditworthiness, often remotely or in office
Employer & Industry UsageUsed by banks, lending institutions, and financial firms to manage credit riskCommonly employed by banks, credit agencies, and financial services for credit analysis

The Remote Credit Risk Officer and Remote Credit Analyst roles share similar educational backgrounds and work environments, focusing on credit assessment. However, the Credit Risk Officer typically has broader responsibilities in risk management strategies, while the Credit Analyst concentrates on analyzing credit data to inform lending decisions.

What are the most commonly searched types of Credit Risk Officer jobs in Chicago, IL? The most popular types of Credit Risk Officer jobs in Chicago, IL are:
What job categories do people searching Remote Credit Risk Officer jobs in Chicago, IL look for? The top searched job categories for Remote Credit Risk Officer jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Remote Credit Risk Officer jobs? Cities near Chicago, IL with the most Remote Credit Risk Officer job openings:
Infographic showing various Remote Credit Risk Officer job openings in Chicago, IL as of July 2026, with employment types broken down into 84% Full Time, 10% Part Time, and 6% Contract. Highlights an 100% Remote job distribution, with an average salary of $138,916 per year, or $66.8 per hour.
Sr. Risk Analyst, Credit

Sr. Risk Analyst, Credit

Federal Home Loan Bank of Chicago

Chicago, IL โ€ข On-site, Remote

$110K - $115K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 9 days ago


Job description

At the Federal Home Loan Bank of Chicago, employees come first - that's why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees.

  • Collaborative, in-office operating model

  • Retirement program (401k and Pension)

  • Medical, dental and vision insurance

  • Lifestyle Spending Account

  • Competitive PTO plan

  • 11 paid holidays per year

      Responsibilities

      • Operate and maintain credit risk models for mortgage loan portfolios
      • Lead the development and implementation of alternative credit risk strategies
      • Build algorithmic solutions and design strategies for model assumption setting and performance monitoring
      • Conduct scenario analysis and stress testing to assess portfolio risks under macroeconomic and climate risk scenarios
      • Research risk management frameworks to assess environmental and regulatory risk drivers on mortgage portfolios in accordance with regulatory requirements and industry best practices and report to senior management
      • Perform credit reviews for member institutions based on financial performance and credit worthiness
      • Collaborate with validators, auditors and regulators to improve model accuracy and ensure regulatory compliance
      • Optimize business processes through the use of data management and programing tools
      • Research, diagnoses and identify solutions to issues on data anomalies and portfolio performance and create dashboards for senior management and risk committees
      • Support business on MPF product design with business analytics

      Position Requirements

      • Master's degree in Mathematics, Finance, Quantitative Finance or related field and 2 years of related experience, or, a Bachelor's degree in Mathematics, Finance, Quantitative Finance or related field and 4 years of related experience
      • Any amount of experience operating and maintaining credit risk models for mortgage loan portfolios
      • Any amount of experience building algorithmic solutions and design strategies for model assumption setting and performance monitoring
      • Any amount of experience conducting scenario analysis and stress testing to assess portfolio risks under macroeconomic and climate risk scenarios
      • Any amount of experience conducting business analysis using statistics methodology and tools of aggregated data from databases via SQL

      Must live within normal commuting distance of worksite. Remote work allowed up to 50 days per year.

      Salary range $110,150 to $115,000

      Salary Range:

      $90,400.00 - $150,700.00

      The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors. In addition to the base salary, we offer a comprehensive benefits package which can be found here: https://hrportal.ehr.com/fhlbc