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Remote Credit Risk Jobs in Illinois (NOW HIRING)

MDS Search

Audit & Assurance Partner

Chicago, IL · On-site +1

$300K - $500K/yr

... Remote] Service Line: [Tax & Advisory / Assurance & Advisory] About the Role We are seeking an ... In this role, you will leverage your deep technical expertise in Low-Income Housing Tax Credits ...

Coface

Business Development Officer - Midwest

Chicago, IL · On-site +1

$80K - $120K/yr

Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds ... Remote work options, flexible schedules * Professional Development: Sales Training programs ...

Huntington

Sr Financial Recovery Rep (SBA)

Chicago, IL · On-site +1

$70K - $140K/yr

Accountable for risk management, compliance, and audit performance for area(s) of responsibility ... Remote roles will also have the opportunity to come together in our offices for moments that matter.

York Risk Services

RN Field Case Manager

Chicago, IL · Remote

$80K - $102K/yr

... remote work environment that allows face to face interaction with injured workers and medical ... continuing education credits, team building initiatives and more. * Access diverse and ...

York Risk Services

RN Field Case Manager

Naperville, IL · Remote

$77K - $98K/yr

... remote work environment that allows face to face interaction with injured workers and medical ... continuing education credits, team building initiatives and more. * Access diverse and ...

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Showing results 41-60

All JobsCredit Risk JobsRemote Credit Risk JobsRemote Credit Risk Jobs in Illinois

Remote Credit Risk information

See Illinois salary details

$48.5K

$105.9K

$177.3K

How much do remote credit risk jobs pay per year?

As of Sep 5, 2026, the average yearly pay for remote credit risk in Illinois is $105,928.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,700.00 and $137,600.00 per year, depending on experience, location, and employer.

What is a remote credit risk?

A Remote Credit Risk job involves analyzing and assessing the financial risk associated with lending or extending credit to individuals or businesses, all while working from a remote location. Professionals in this field evaluate credit applications, monitor existing accounts, and help develop policies to minimize financial losses for their employer. They typically use data analysis, financial modeling, and risk assessment tools to make informed decisions. Remote roles in credit risk allow for flexible work arrangements, but still require strong analytical skills and attention to detail.

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

To thrive as a Remote Credit Risk Analyst, you need strong analytical abilities, knowledge of financial principles, and typically a degree in finance, economics, or a related field. Familiarity with risk assessment software, statistical tools like SAS or R, and credit reporting systems is essential. Excellent communication, attention to detail, and problem-solving skills help you interpret data and collaborate effectively from a distance. These skills and qualifications are crucial to accurately assess creditworthiness, minimize risk, and support sound financial decisions in a remote environment.

What are some common challenges faced by professionals in remote credit risk roles, and how can they be addressed?

Remote credit risk professionals often face challenges such as limited direct access to clients and colleagues, which can make it harder to gather nuanced information and collaborate efficiently. To address these, it's important to leverage digital communication tools and maintain proactive communication with both internal teams and external stakeholders. Building strong documentation and adopting clear workflows also help ensure consistency in risk evaluation while working remotely. Regular virtual meetings and continuous professional development can further support success and connection in a remote setting.

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

AspectRemote Credit RiskRemote Credit Analyst
Primary FocusAssessing overall credit risk for portfolios and lending strategiesAnalyzing individual credit applications and financial data
Required CredentialsOften requires risk management certifications, finance degreesTypically requires finance or accounting degrees, certifications like CFA or CPA
Work EnvironmentCollaborates with risk management teams, uses risk modeling toolsWorks with loan officers, reviews financial statements, uses credit scoring software
Industry UsageCommon in banking, financial services, lending institutionsUsed in banks, credit unions, lending agencies

Remote Credit Risk professionals focus on evaluating overall credit portfolios and developing risk mitigation strategies, while Remote Credit Analysts analyze individual credit applications to determine creditworthiness. Both roles require financial expertise and often similar certifications, but their scope and daily tasks differ significantly.

What are the most commonly searched types of Credit Risk jobs in Illinois?

The most popular types of Credit Risk jobs in Illinois are:

What are popular job titles related to Remote Credit Risk jobs in Illinois?

For Remote Credit Risk jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Remote Credit Risk jobs in Illinois look for?

The top searched job categories for Remote Credit Risk jobs in Illinois are:

What cities in Illinois are hiring for Remote Credit Risk jobs?

Cities in Illinois with the most Remote Credit Risk job openings:

Remote Credit Risk jobs near you
Infographic showing various Remote Credit Risk job openings in Illinois as of August 2026, with employment types broken down into 87% Full Time, and 13% Part Time. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $105,928 per year, or $50.9 per hour.

Territory Contract Underwriter

Merchants Bonding Company

Chicago, IL • On-site, Remote

$70K - $120K/yr

Full-time

Medical, PTO

Posted 17 days ago

Job description

Job Purpose:
The Territory Contract Underwriter plays a key role in driving profitable growth within an assigned territory through risk evaluation, relationship management, and strategic collaboration. This role requires advanced underwriting judgment, proactive relationship development, and a demonstrated ability to contribute to production goals with minimal oversight. The associate is expected to make thoughtful underwriting decisions on complex cases, build agency partnerships, and influence outcomes through high-quality analysis and interpersonal agility.
Responsibilities:
Underwriting Analysis & Risk Evaluation (50%)
  • Reviews and underwrites contract surety submissions within assigned authority, applying sound judgment and seeking input from colleagues when collaboration can enhance decision quality.
  • Conducts thorough analysis of contractor financial statements, project exposure, and credit reports to assess risk and inform underwriting decisions.
  • Prepares well-reasoned underwriting positions for referral or review. Anticipates potential concerns and proactively addresses them within recommendations.

Agency and Market Development (40%)
  • Leads account discussions and decision-making during agency meetings, jobsite visits, and presentations.
  • Develops strategic relationships with key agency partners to grow premium and ensure consistent pipeline.
  • Manages agency interactions, including resolving service issues and collecting market intelligence.

Leadership & Development (10%)
  • Establishes and pursues quarterly and annual production goals in collaboration with manager.
  • Takes ownership of territory-level initiatives and outcomes, using data and feedback to refine strategies.

Education and Experience:
  • Bachelor's degree preferred. Fields of study such as business, finance, accounting, or economics are especially relevant.
  • Minimum of 3 years of experience in contract surety underwriting or equivalent financial risk evaluation role.
  • Demonstrated ability to evaluate financial strength, identify key risk indicators, and apply underwriting guidelines.
  • Experience leading agency relationships and representing underwriting decisions in client-facing environments

BENEFITS AT MERCHANTS
At Merchants, we value balancing the needs of our associates and their families. We're proud to offer a wide range of benefits designed to help you achieve a healthy work-life balance and support your personal and professional growth. In addition to competitive pay, bonus programs, and paid-time off, here are just a few of the amazing benefits:
  • Flexible hybrid and remote opportunities with 37.5 hour work week
  • Free health insurance option
  • Paid volunteer time off with matching gift program
  • Infants in the Workplace Program with family resources
  • Discover more benefits at https://www.merchantsbonding.com/careers#nav-link-3

MERCHANTS BONDING COMPANY
Join the Merchants team and experience the difference of working for a surety-only company. At Merchants, we believe in the power of collaboration and teamwork, and we're committed to the success of our associates and customers by creating an inclusive culture that sets us apart and drives our success.
Our company is built on a foundation of providing common sense solutions and first-class experiences. From underwriting to claims and technology to marketing, every department and team collaborates together to achieve our common goal to be the most trusted team in surety.
Learn more about building your career at Merchants by visiting www.merchantsbonding.com/careers.

Apply