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Senior Credit Risk Analyst Jobs in Carol Stream, IL

International Motors, LLC

Senior Credit Analyst

Lisle, IL · On-site

$73K - $110K/yr

... for a Senior Credit Analyst to support customer's financing their acquisition of International ... Ensure compliance with company policies, including risk ratings and credit reviews. * Gather ...

SmartBiz Bank

Senior Credit Analyst

Northbrook, IL · On-site

$95K - $105K/yr

The Senior Credit Analyst is responsible for reviewing the creditworthiness of individuals or businesses to determine the risk involved in lending money or extending credit for the bank's Commercial ...

SmartBiz Loans

Senior Credit Analyst

Northbrook, IL · On-site

$90 - $130/hr

The Senior Credit Analyst is responsible for reviewing the creditworthiness of individuals or businesses to determine the risk involved in lending money or extending credit for the bank's Commercial ...

Wintrust

VP, Credit Risk Oversight

Rosemont, IL · On-site

$117K - $150K/yr

Work with senior management to regularly update the credit risk oversight policies and procedures ... Strong credit analytical skills and credit process knowledge. * Knowledge of the banking industry ...

Wintrust

VP, Credit Risk Oversight

Rosemont, IL · On-site

$117K - $150K/yr

Work with senior management to regularly update the credit risk oversight policies and procedures ... Strong credit analytical skills and credit process knowledge. * Knowledge of the banking industry ...

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All JobsCredit Risk Analyst JobsSenior Credit Risk Analyst JobsSenior Credit Risk Analyst Jobs in Carol Stream, IL

Senior Credit Risk Analyst information

See Carol Stream, IL salary details

$55.3K

$113.6K

$147.4K

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

As of Sep 5, 2026, the average yearly pay for senior credit risk analyst in Carol Stream, IL is $113,614.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,600.00 and $141,700.00 per year, depending on experience, location, and employer.

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 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.

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 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 mitigate potential losses, often working with credit scoring models and regulatory compliance standards.

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, knowledge of credit scoring models, and proficiency with risk management tools.

What cities near Carol Stream, IL are hiring for Senior Credit Risk Analyst jobs?

Cities near Carol Stream, IL 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 Carol Stream, IL as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 11% Part Time, and 3% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $113,614 per year, or $54.6 per hour.

Manager, Credit Risk & Portfolio Analytics

Artius Solutions

Chicago, IL • On-site

Full-time

Re-posted 26 days ago

Job description

Manager, Credit Risk & Portfolio Analytics

Location: Chicago, IL (Hybrid)
Employment Type: Full-Time

Overview

Our client, a large and well-established financial services organization based in Chicago, is seeking a Manager, Markets Credit to lead credit risk oversight across mortgage-related assets and fixed income investment portfolios.

This role will manage a team responsible for developing and maintaining credit risk models, performing scenario analysis and stress testing, and monitoring portfolio risk trends. The position will also collaborate closely with cross-functional teams to support investment strategies, product development initiatives, and regulatory compliance efforts.

The ideal candidate is a strong analytical leader with experience in credit risk modeling, mortgage or structured finance exposure, and a track record of leading high-performing analytical teams.

Key ResponsibilitiesCredit Risk Oversight

  • Oversee the monitoring and analysis of credit risk exposures within mortgage-related and investment portfolios.

  • Identify emerging risk trends and provide insights into portfolio performance and risk concentrations.

  • Ensure risk management frameworks support sound portfolio management and investment decision-making.

Credit Modeling & Analytics

  • Lead the development and maintenance of credit risk models including prepayment, default, and loss forecasting models.

  • Manage model assumptions, calibration, validation support, and performance monitoring.

  • Conduct model back-testing and benchmarking to evaluate model effectiveness and recommend improvements.

  • Design analytical tools and risk frameworks to evaluate credit enhancement adequacy and portfolio resilience.

Stress Testing & Scenario Analysis

  • Lead scenario analysis and macroeconomic stress testing across mortgage and investment portfolios.

  • Evaluate portfolio sensitivity to changing market conditions and economic variables.

  • Present findings and recommendations to senior stakeholders.

Regulatory & Governance Collaboration

  • Partner with model validation teams, internal audit, and regulatory stakeholders to ensure models and processes meet governance requirements.

  • Support regulatory reporting and model documentation standards.

Data & Process Innovation

  • Identify opportunities to enhance risk monitoring through advanced analytics, automation, and improved data infrastructure.

  • Lead initiatives that improve analytical efficiency and portfolio risk transparency.

Team Leadership & Stakeholder Collaboration

  • Lead and develop a team of credit risk analysts and quantitative professionals.

  • Provide mentorship, performance management, and guidance on analytical methodologies.

  • Build strong partnerships with internal teams including finance, treasury, operations, legal, and risk management.

QualificationsEducation

  • Bachelor’s degree in Mathematics, Finance, Economics, Statistics, Computer Science, or a related quantitative discipline

  • Master’s degree preferred

Certifications (Preferred)

  • CFA or FRM designation or candidacy

Experience

  • 5+ years of experience in credit risk modeling, quantitative analytics, or financial risk management

  • 2+ years of people management experience

  • Experience working with mortgage assets, fixed income securities, or structured finance portfolios

Technical Skills

  • Strong experience developing predictive statistical models and analytical frameworks

  • Proficiency with SQL, Python, or R

  • Experience with business intelligence and analytics tools such as Tableau or Alteryx

  • Strong data analysis and modeling capabilities

Risk & Regulatory Knowledge

  • Familiarity with credit risk management frameworks and model governance

  • Experience supporting model validation, regulatory reviews, or audit processes

  • Understanding of mortgage lending, underwriting, or servicing processes is a plus

Leadership & Communication

  • Ability to lead and develop analytical teams

  • Strong stakeholder communication and presentation skills

  • Ability to translate complex analytical findings into actionable insights for business leaders

  • Strong problem-solving and critical thinking skills

.