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Senior Credit Risk Analyst Jobs in Indiana (NOW HIRING)

Fifth Third Bank

Senior Credit Analyst

Indianapolis, IN · On-site

The Senior Credit Analyst demonstrates extensive knowledge of financial and risk analysis and expertise in financial modeling. The Senior Credit Analyst demonstrates proficiency in underwriting, with ...

Fifth Third

Senior Credit Analyst

Indianapolis, IN

The Senior Credit Analyst demonstrates extensive knowledge of financial and risk analysis and expertise in financial modeling. The Senior Credit Analyst demonstrates proficiency in underwriting, with ...

Tire Rack

Sr. Credit Representative

South Bend, IN

$22 - $26/hr

Assess and manage credit risk while helping minimize potential financial losses. * Develop ... Excellent analytical, critical-thinking, and problem-solving abilities. * Strong organizational ...

MISO

Senior GRC Risk Analyst

Carmel, IN · On-site

$105K - $130K/yr

  • Retirement

  • PTO

Join MISO as a Senior GRC Risk Analyst , where you will play a key role in safeguarding the power grid by identifying, assessing, and mitigating cybersecurity risks. In this role, you'll be central ...

smcnorthamerica

Credit Analyst

Noblesville, IN

PURPOSE The Credit Analyst will be responsible for evaluating the creditworthiness of new and existing customers, mitigating financial risk, and supporting healthy revenue growth. This involves ...

smcnorthamerica

Credit Analyst

Noblesville, IN · On-site

PURPOSE The Credit Analyst will be responsible for evaluating the creditworthiness of new and existing customers, mitigating financial risk, and supporting healthy revenue growth. This involves ...

SMC Corporation of America

Be Seen First

Credit Analyst

Noblesville, IN · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

PURPOSE Manage credit risk for all regional customers, to assure credit limits, payment terms and ... Reporting and data analysis. Company Description SMC Corporation of America is a part of a global ...

First Financial Bank

Credit Officer, FCF

Indianapolis, IN · On-site

$130 - $209.40/hr

They may be called upon to present to, or participate with, Executive and Senior Management in ... risk analysis, and diverse industries. Advises on special assets, credit exceptions, and highly ...

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Senior Credit Risk Analyst information

See Indiana salary details

$50.9K

$104.5K

$135.6K

How much do senior credit risk analyst jobs pay per year?

As of Aug 15, 2026, the average yearly pay for senior credit risk analyst in Indiana is $104,526.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,100.00 and $130,400.00 per year, depending on experience, location, and employer.

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

To thrive as a Senior Credit Risk Analyst, you need strong analytical skills, a solid understanding of financial statements, and a degree in finance, economics, or a related field. Expertise with risk modeling tools, statistical software (such as SAS or R), and experience with credit risk management systems are typically required. Exceptional attention to detail, critical thinking, and effective communication skills set top performers apart in this role. These skills and qualities are vital for accurately assessing credit risk, making sound recommendations, and supporting organizational financial stability.

What does a senior Credit Risk Analyst do?

A senior Credit Risk Analyst evaluates the creditworthiness of individuals or businesses to determine the risk of lending. They analyze financial data, use risk assessment tools, and develop strategies to minimize potential losses for financial institutions. This role often requires strong analytical skills, knowledge of credit scoring models, and experience with risk management software.

What are some common challenges faced by a senior credit risk analyst when assessing complex credit portfolios?

Senior Credit Risk Analysts often encounter challenges such as evaluating the risk of diverse and complex credit portfolios, interpreting large volumes of financial data, and staying current with evolving regulatory requirements. Balancing the need for thorough risk assessments with tight deadlines can also be demanding. Additionally, they must effectively communicate their findings and recommendations to stakeholders across departments, ensuring that risk strategies align with the organization’s broader objectives.

What is a senior credit risk analyst's salary?

A senior credit risk analyst's salary typically ranges from $70,000 to $120,000 annually, depending on experience, location, and industry. They often require strong analytical skills and knowledge of credit risk assessment tools, with some roles offering bonuses or additional benefits.

How much does a senior credit risk analyst earn?

A senior credit risk analyst typically earns between $70,000 and $120,000 annually, depending on experience, location, and industry. They often require strong analytical skills and proficiency with risk assessment tools and financial modeling.

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

The most popular types of Credit Risk Analyst jobs in Indiana are:

What cities in Indiana are hiring for Senior Credit Risk Analyst jobs?

Cities in Indiana with the most Senior Credit Risk Analyst job openings:

Senior Credit Risk Analyst jobs near you
Infographic showing various Senior Credit Risk Analyst job openings in Indiana as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 10% Part Time, and 3% Contract. Highlights an 90% Physical, 4% Hybrid, and 6% Remote job distribution, with an average salary of $104,526 per year, or $50.3 per hour.

Senior Credit Analyst

Fifth Third Bank

Indianapolis, IN • On-site

Full-time

Re-posted 12 days ago

Fifth Third Bank rating

7.5

Company rating: 7.5 out of 10

Based on 113 frontline employees who took The Breakroom Quiz

104th of 171 rated banks

Job description

Make banking a Fifth Third better®
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.
GENERAL FUNCTION:
The Senior Credit Analyst is primarily responsible for partnering with Portfolio Managers, supporting the daily duties of underwriting and monitoring credit while performing analytical tasks and identifying risks or issues as needed. In addition, a successful Senior Credit Analyst will be able to draft documents and prepare for credit reviews with limited support from the Portfolio Managers. The Senior Credit Analyst demonstrates extensive knowledge of financial and risk analysis and expertise in financial modeling.
The Senior Credit Analyst demonstrates proficiency in underwriting, with the ability to complete the underwriting process from beginning to end with limited oversight. Additionally, the Senior Credit Analyst will attend and support Portfolio Reviews as needed.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • Partner with Portfolio Managers in credit and underwriting, performing analytical tasks as needed.
  • Use critical thinking to identify and draft documentation.
  • Responsible for regularly completing indicative credit information into Banking Systems with little to no errors.
  • Responsible for preparing risk-rating scorecard and performing tickler event analysis to identify potential risks.
  • Responsible for developing risk models and advising PMs of unforeseen obstacles that may impede meeting client expectations.
  • Identify and determine monitoring analysis activities required.
  • Verify covenants and define updates needed on ticklers.
  • Monitor covenant completion and track past due or out of compliance covenants and recommend appropriate course of action.
  • Responsible for assessing covenant compliance reporting and identifying issues.
  • Review covenant compliance certificates to understand performance and determine actions remediate breaches.
  • Update financial covenants and calculations as needed.
  • Run Probability of Default (PD) model with oversight.
  • Responsible for understanding and evaluating completed spreads to determine necessary edits working in collaboration with the CCU team.
  • Responsible for identifying and recommending preliminary portfolio management actions using Credit Service reporting and RADAR with some oversight.
  • Prepares ALSR reports with oversight.
  • Responsible for running risk and projection models with oversight assumptions provided.
  • Responsible for completing underwriting process with limited oversight.
  • Create and complete a CAM with little to no errors.
  • Review and re-write renewals for deals of limited complexity.
  • Responsible for portfolio analysis and the development for Portfolio Reviews in preparation for client meetings.
  • Support Portfolio Managers and special projects.
  • Take appropriate remedial actions to resolve deficiencies and escalates questions/disputes to appropriate level when necessary.
  • May assist with training of new employees.
  • May work on special projects as assigned by management.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
  • Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting).
  • Minimum 2 years of Commercial Banking experience.
  • Sound Financial and risk analysis understanding, including the ability to develop financial models.
  • Extensive Knowledge of banking products and services.
  • Knowledge of corporate business structure and legal documents.
  • General knowledge of U.S. government and regulation.
  • Knowledge of the local or regional market preferred, but not required.
  • Proficiency in internal banking applications.
  • Strong verbal and written communication skills.
  • Demonstrated expertise in using effective problem solving and analytical skills with ability to handle and prioritize multiple tasks.
  • Proficient in all Microsoft Office software.

WORKING CONDITIONS:
  • Normal office environment with little exposure to dust, noise, temperature and the like.
  • Minimal travel required.
Senior Credit Analyst
At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.
The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.
Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.
LOCATION -- Indianapolis, Indiana 46204
Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

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About Fifth Third Bank

Sourced by ZipRecruiter

Fifth Third Bank, National Association established in 1858, is a diversified financial services company headquartered in Cincinnati, Ohio. Fifth Third is among the largest money managers in the Midwest. It operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Cincinnati, OH, US

Year founded

1858

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