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Senior Credit Risk Manager Jobs in Illinois (NOW HIRING)

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. * Ensure adversely classified assets are identified and have appropriate action plans in place.

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. * Ensure adversely classified assets are identified and have appropriate action plans in place.

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. * Ensure adversely classified assets are identified and have appropriate action plans in place.

Wintrust Financial

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. * Ensure adversely classified assets are identified and have appropriate action plans in place.

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Showing results 21-40

All JobsCredit Risk JobsSenior Credit Risk Manager JobsSenior Credit Risk Manager Jobs in Illinois

Senior Credit Risk Manager information

See Illinois salary details

$21.8K

$114.6K

$203.5K

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

As of Aug 6, 2026, the average yearly pay for senior credit risk manager in Illinois is $114,595.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,900.00 and $140,500.00 per year, depending on experience, location, and employer.

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

To excel as a Senior Credit Risk Manager, you need strong analytical skills, deep knowledge of credit risk assessment, and typically a degree in finance, economics, or a related field. Expertise with risk management software (such as SAS, Moody's Analytics, or SQL), financial modeling tools, and relevant certifications like FRM or CFA is highly valued. Exceptional communication, leadership, and decision-making abilities are important soft skills for managing teams and collaborating across departments. These skills and qualifications are crucial for accurately assessing credit risk, ensuring regulatory compliance, and safeguarding an organization's financial health.

What are some typical challenges a senior credit risk manager faces in balancing risk and business growth?

A Senior Credit Risk Manager often faces the challenge of maintaining a prudent risk profile while supporting the organization's growth targets. This involves analyzing complex financial data, setting appropriate credit limits, and developing risk models that reflect current market conditions. Balancing regulatory compliance with commercial objectives and collaborating with sales, underwriting, and compliance teams to ensure sound credit decisions is key. Effective communication and negotiation skills are essential when advising senior leadership on potential exposures and strategic moves.

What does a senior credit risk manager do?

A senior credit risk manager oversees the assessment and management of credit risk for an organization, analyzing borrower creditworthiness and developing strategies to minimize potential losses. They use financial analysis, credit scoring models, and risk mitigation techniques, often working with data analysis tools and regulatory compliance standards. Their role involves making high-level decisions to ensure the organization's credit portfolio remains healthy and within risk appetite.

What is the difference between Senior Credit Risk Manager vs Credit Analyst?

AspectSenior Credit Risk ManagerCredit Analyst
Required CredentialsBachelor's degree, often advanced certifications like CFA or credit risk certificationsBachelor's degree, often in finance, economics, or related fields
Work EnvironmentStrategic, managerial, overseeing credit risk policiesAnalytical, research-focused, assessing individual credit applications
Employer & Industry UsageFinancial institutions, banks, large corporationsBanks, lending institutions, credit agencies
Common Search & ComparisonYesYes

The Senior Credit Risk Manager typically oversees credit risk strategies and manages teams, requiring advanced certifications and strategic skills. In contrast, a Credit Analyst focuses on evaluating individual credit applications and conducting detailed financial analysis. While both roles are integral to credit risk management, they differ in scope, responsibilities, and experience level.

What are popular job titles related to Senior Credit Risk Manager jobs in Illinois? For Senior Credit Risk Manager jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Senior Credit Risk Manager jobs in Illinois look for? The top searched job categories for Senior Credit Risk Manager jobs in Illinois are:
What cities in Illinois are hiring for Senior Credit Risk Manager jobs? Cities in Illinois with the most Senior Credit Risk Manager job openings:
Senior Credit Risk Manager jobs near you
Infographic showing various Senior Credit Risk Manager job openings in Illinois as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $114,595 per year, or $55.1 per hour.

Risk Management - Real Estate Credit Risk Associate

JPMorgan Chase & Co.

Chicago, IL • On-site

$125K - $140K/yr

Full-time

Medical, Retirement

Re-posted 26 days ago

JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 492 frontline employees who took The Breakroom Quiz

73rd of 170 rated banks

Job description


Bring your expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As a Real Estate Credit Risk Associate on the Commercial and Investment Bank - Real Estate Credit Risk Team, you will work closely with top product bankers and other risk professionals. Your primary tasks will encompass independent risk assessment and credit approval of loans and lending-related commitments. You will work a client base of leading real estate, lodging, gaming, homebuilding and real estate service companies. The portfolio of credit products we manage, and monitor includes corporate resource traditional credit products (revolving credit facilities and term loans), real estate asset level financings, whole loan repos, risk retention, derivatives and treasury lines.
Job Responsibilities
  • Conduct credit analysis and facilitate senior credit officer approval of lending and trading related transactions, including operating exposures, individually or as part of a deal team
  • Create written credit approval documents, which include the spreading and presentation of historical financial statement information and the related financial analysis, as well as projections of future cash flows for large corporate borrowers
  • Develop a well-informed and forward-looking view of the business, financial and risks associated with a company and sector
  • Manage and monitor a portfolio of client credit exposures, across industry classes, on an ongoing basis
  • Participate in negotiating, finalizing, and executing documentation for loans and derivatives
  • Review and assign risk ratings and maintains updated credit research on their portfolio of clients
  • Actively manage existing CRE portfolio and participate in portfolio management / surveillance projects

Required qualifications, capabilities and skills
  • Bachelor's degree in Finance, Accounting, Business, Economics or similar discipline
  • Minimum 3 years of professional work experience in corporate/commercial credit, investment banking or relevant experience within financial services or rating agency
  • Academic training in the principals of accounting, corporate finance, capital markets products and macro economics
  • Strong financial analysis and modeling skills
  • Exceptional communication (verbal and written) and inter-personal skills
  • Proficiency in Microsoft Office Suite, Excel, PowerPoint and Word

Preferred qualifications, capabilities and skills
  • Prior experience with major corporate bank credit team and or credit rating agency
  • Prior experience around Real estate or Corporate credit

About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

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