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

Senior Credit Underwriter

Chicago, IL ยท On-site +1

$125K - $170K/yr

... reviews toward data-driven decisioning models. * Solid familiarity and hands-on experience navigating U.S. regulatory frameworks and banking guidelines related to commercial credit risk (e.g., OCC ...

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 ... Please carefully review communications to ensure that they are from the official Breezy applicant ...

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 ... Please carefully review communications to ensure that they are from the official Breezy applicant ...

Remote Schedule: 8am-5pm Department: Corporate Compliance Reports To: Compliance Officer Key ... Ensure proper version control, approvals, and periodic review. * Maintain the system of record with ...

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Showing results 1-20

Remote Credit Risk Review information

See Chicago, IL salary details

$43.3K

$127.7K

$196.2K

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

As of Jul 13, 2026, the average yearly pay for remote credit risk review in Chicago, IL is $127,744.00, according to ZipRecruiter salary data. Most workers in this role earn between $106,100.00 and $141,600.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Remote Credit Risk Review Analyst, and why are they important?

To thrive as a Remote Credit Risk Review Analyst, you need a solid understanding of credit risk assessment, financial analysis, and regulatory compliance, typically supported by a degree in finance, accounting, or a related field. Familiarity with risk management software, credit scoring tools, and data analytics platforms is essential, and certifications like FRM or CFA can be advantageous. Strong attention to detail, analytical thinking, and effective communication skills help you interpret data and present findings clearly to stakeholders. These skills and qualities are crucial for identifying potential risks, ensuring sound lending decisions, and maintaining the financial health of the organization.

How does a Remote Credit Risk Review professional typically collaborate with other departments to ensure comprehensive risk assessments?

Remote Credit Risk Review professionals frequently work closely with teams such as lending, compliance, and internal audit to gather the necessary data and insights for thorough risk evaluations. While much of the analysis is conducted independently, regular virtual meetings and shared documentation platforms are used to discuss findings, clarify data discrepancies, and recommend improvements. This collaborative process ensures that the risk review is well-rounded and aligns with organizational policies and regulatory requirements. Building strong remote communication skills and a proactive approach to cross-functional teamwork are essential for success in this role.

What is a Remote Credit Risk Review?

A Remote Credit Risk Review is an evaluation process conducted by financial professionals to assess the creditworthiness of borrowers or the effectiveness of a company's credit risk management practices, all done remotely rather than in person. These reviews typically analyze loan portfolios, credit policies, and risk controls to ensure compliance with regulations and to identify potential areas of risk. By leveraging technology, remote reviews allow for efficient, flexible, and thorough assessments without the need for on-site visits, making them ideal for organizations with geographically dispersed operations.

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

AspectRemote Credit Risk ReviewRemote Credit Analyst
Primary FocusAssessing credit risk and reviewing existing credit portfoliosAnalyzing credit data to evaluate loan applications
CertificationsTypically requires risk management or financial certificationsOften requires finance or banking certifications
Work EnvironmentMostly independent review, often in risk management teamsCollaborative analysis within lending or banking teams
Industry UsageCommon in banking, finance, and lending institutionsWidely used in banking, credit unions, and financial services

While both roles involve financial analysis, Remote Credit Risk Review focuses on evaluating existing credit portfolios and managing risk, whereas Remote Credit Analyst primarily assesses new loan applications. Understanding these differences helps job seekers target the right position based on their skills and career goals.

What are the most commonly searched types of Credit Risk Review jobs in Chicago, IL? The most popular types of Credit Risk Review jobs in Chicago, IL are:
What job categories do people searching Remote Credit Risk Review jobs in Chicago, IL look for? The top searched job categories for Remote Credit Risk Review jobs in Chicago, IL are:
Infographic showing various Remote Credit Risk Review job openings in Chicago, IL as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% Remote job distribution, with an average salary of $127,744 per year, or $61.4 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 6 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