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Vp Credit Risk Jobs (NOW HIRING)

Vice President of Credit

Chicago, IL · On-site

$175K - $227K/yr

... risk appetite, and Board-level approvals. 4. Develop and refine the following- * Credit Memo ... * VP of Operations (process improvement and compliance) 2. Create clarity around roles ...

Position Overview The Counterparty Credit Risk Analyst will assist the VP and Department SVP in executing the independent second line of defense function. The fundamental goal of Counterparty Credit ...

New

Credit Review Vice President This role provides great visibility to management and focuses on ... In between periodic reviews, you will independently monitor credit risk trends within assigned ...

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Vp Credit Risk information

See salary details

$86.5K

$158.3K

$239.5K

How much do vp credit risk jobs pay per year?

As of May 30, 2026, the average yearly pay for vp credit risk in the United States is $158,312.00, according to ZipRecruiter salary data. Most workers in this role earn between $133,500.00 and $177,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a VP of Credit Risk, and why are they important?

To thrive as a VP of Credit Risk, you need deep expertise in credit analysis, risk management, and financial modeling, typically supported by an advanced degree in finance or a related field. Familiarity with credit risk assessment tools, regulatory compliance systems, and data analytics platforms such as SAS or Moody's RiskCalc is crucial. Strong leadership, strategic thinking, and communication skills help you effectively manage teams and collaborate with stakeholders. These skills are essential for making informed credit decisions, minimizing losses, and ensuring regulatory compliance in complex financial environments.

What are some common challenges a VP of Credit Risk faces when balancing risk management and business growth objectives?

As a VP of Credit Risk, one of the main challenges is maintaining a delicate balance between safeguarding the organization's financial health and enabling revenue growth. This often involves developing risk frameworks that allow for prudent lending while supporting business expansion. You will frequently collaborate across departments—such as sales, underwriting, and compliance—to align risk policies with strategic goals and adapt to changing market conditions. Navigating regulatory requirements and responding to shifts in economic environments are also key aspects of the role.

What does a VP Credit Risk do?

A VP Credit Risk is responsible for overseeing the credit risk management strategies and policies within a financial institution or corporation. They analyze and assess the creditworthiness of borrowers, manage portfolios to minimize risk exposure, and ensure compliance with regulatory standards. These professionals also work closely with senior management to develop risk models and recommend actions that align with the organization's risk appetite. Their role is critical in maintaining the financial health and stability of the organization.

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

AspectVp Credit RiskCredit Analyst
Required CredentialsBachelor's degree, often MBA or related certifications, experience in risk managementBachelor's degree, finance or related field, relevant certifications optional
Work EnvironmentStrategic, leadership-focused, overseeing credit risk policiesAnalytical, detail-oriented, assessing individual credit applications
Employer & Industry UsageFinancial institutions, banks, large corporationsBanks, lending companies, financial services

The Vp Credit Risk typically holds a senior leadership role focused on managing and overseeing credit risk strategies across an organization, requiring extensive experience and certifications. In contrast, a Credit Analyst primarily conducts detailed credit assessments and analysis at a more operational level. Both roles are vital in the credit process but differ significantly in scope, responsibilities, and seniority.

More about Vp Credit Risk jobs
What cities are hiring for Vp Credit Risk jobs? Cities with the most Vp Credit Risk job openings:
What are the most commonly searched types of Credit Risk jobs? The most popular types of Credit Risk jobs are:
What states have the most Vp Credit Risk jobs? States with the most job openings for Vp Credit Risk jobs include:
Infographic showing various Vp Credit Risk job openings in the United States as of May 2026, with employment types broken down into 98% Full Time, 1% Temporary, and 1% Contract. Highlights an 92% Physical, 1% Hybrid, and 7% Remote job distribution, with an average salary of $158,312 per year, or $76.1 per hour.
Assistant Vice President, Credit Officer - AssetBased Finance

Assistant Vice President, Credit Officer - AssetBased Finance

Citigroup Inc

Chicago, IL

$96.40K - $144.60K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 19 days ago


Job description

We are seeking an Assistant Vice President, Credit Officer to join our Asset-Based Finance (ABF) team in Chicago or Irving, TX, one of the bank's key commercial and lending hubs. This role supports the underwriting and ongoing management of a portfolio of asset-based and structured commercial lending relationships and provides meaningful exposure to complex credit analysis, portfolio management, and transaction execution.
The position is well-suited for a credit professional who has moved beyond pure execution and is ready to take on greater ownership, judgment, and leadership, while continuing to develop toward VP-level credit authority.
Role Overview
The AVP Credit Officer supports the underwriting and monitoring of a material credit portfolio, partnering closely with senior underwriters, relationship managers, and risk stakeholders. The role contributes directly to credit approval decisions, portfolio oversight, and proactive risk management within a dynamic asset-based lending environment.
Key Responsibilities
Credit Underwriting & Analysis

  • Produce and review high-quality credit analysis supporting new originations, amendments, extensions, and renewals
  • Assist in assessing transaction structures, collateral quality, cash-flow performance, and key risk drivers
  • Help develop credit recommendations that balance risk, structure, and business objectives
Portfolio Monitoring & Risk Management
  • Support ongoing monitoring of assigned portfolio through monthly, quarterly, and annual reviews
  • Track covenant compliance, collateral performance, and early warning indicators
  • Identify emerging risk issues and escalate concerns appropriately
Stakeholder Collaboration
  • Participate in client and internal meetings alongside senior underwriters and Relationship Managers
  • Partner with credit, risk, and product teams to support efficient transaction execution
  • Contribute to sector and portfolio-level insights for internal stakeholders
Execution & Process Improvement
  • Support credit workflows and documentation processes to ensure alignment with approved terms
  • Recommend and champion process improvements to enhance efficiency, consistency, and controls
  • Mentor junior analysts or support staff and contribute to team development
Qualifications & Experience
  • 3-5 years of related experience in credit underwriting, portfolio and/ or risk management with a multinational financial services organization
  • Bachelor's degree in Finance, Accounting, Business, or a related field
  • Solid understanding of financial statements, cash-flow analysis, and credit fundamentals
  • Strong written and verbal communication skills
  • Ability to manage multiple priorities in a fast-paced environment
  • Experience with Asset-Based Lending or collateral-focused structures
  • Exposure to middle-market commercial clients
  • Advanced degree or professional certification a plus, but not required

Job Family Group:
Risk Management
Job Family:
Credit Risk
Time Type:
Full time
Primary Location:
Chicago Illinois United States
Primary Location Full Time Salary Range:
$96,400.00 - $144,600.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Most Relevant Skills
Analytical Thinking, Constructive Debate, Escalation Management, Financial Analysis, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
Anticipated Posting Close Date:
May 13, 2026
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
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