Credit Risk Analyst Jobs in Illinois
Credit Risk Analyst jobs in Illinois are consistently active, with demand concentrated in commercial banking, insurance, corporate treasury, and fintech across a seniority range from entry-level analyst through senior director. Chicago anchors the majority of hiring, supported by additional activity in Naperville and Rosemont, where institutions like JPMorgan Chase, Northern Trust, and Discover Financial have long-established Illinois operations. The most in-demand specialties are commercial lending risk, model validation, and consumer credit portfolio analytics. Find a role that fits below and apply directly.
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Description
Job Description:
The Credit Card Risk Strategy Analyst leads the development, implementation, and ongoing monitoring of quantitative credit strategies for Huntington’s consumer credit card acquisition programs. The role is responsible for account approval strategies, initial credit line assignment, and risk-based pricing strategies. This position also monitors the credit risk profile and performance of newly acquired accounts to ensure alignment with established portfolio loss and risk-adjusted return objectives.
Job Responsibilities:
- Lead the development, implementation, and ongoing oversight of consumer credit card new account origination strategies, including segment-level performance reporting and change management.
- Design, execute, and evaluate policy experiments and A/B tests, translating analytical findings into actionable credit policy and strategy enhancements.
- Manage forecasting, monitoring, and reporting frameworks that provide timely visibility into credit risk performance and emerging portfolio trends.
- Partner cross-functionally with Credit Administration, Underwriting, Fraud, Model Risk Management, Product, and Legal/Compliance to advance business priorities and ensure alignment with risk and regulatory requirements.
- Demonstrated experience managing the full analytical lifecycle, including project development, execution, presentation, implementation, and post-implementation monitoring.
- Demonstrated understanding of credit card profit-and-loss (P&L) drivers and financial performance. Analyze data using SQL/SAS to review performance, conduct comprehensive analyses, propose strategy changes, and validate implementations.
Basic Qualifications
- Bachelors degree
- 7+ years experience in analytics role in financial services. 5+ years experience with SQL/SAS
Preferred Qualifications
- MBA/MS or Ph.D in Statistics, Economics, Finance, or Business Analytics
- Experience with Tableau, Snowflake, or comparable data visualization tools, and Microsoft Excel.
- Strong organization and communication skills, both verbal and written
- Strong analytical skills and thought process, with a high degree of attention to detail
- Ability to articulate problem solving methodology used to research and create solutions
- Ability to work on multiple projects at once, prioritizing within tight time constraints .
#LI-OnSite
Exempt Status: (Yes = not eligible for overtime pay) ( No = eligible for overtime pay)
Workplace Type:
OfficeOur Approach to Office Workplace Type
Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.
Compensation Range:
$102,000 - $208,000 Annual SalaryThe compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).
Huntington is an Equal Opportunity Employer.
Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.
See All 10 Credit Risk Analyst Jobs in Illinois
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Find Credit Risk Analyst JobsCredit Risk Analyst Jobs by City in Illinois
Where Illinois roles are concentrated, by current openings.
Credit Risk Analyst Job Market in Illinois
A snapshot from current Illinois openings, updated as new roles post.
Who's Hiring



Top Industries Hiring
- Banking & Financial Services
- Fintech
- Investment & Asset Management
What Illinois Employers Look For
The qualifications that appear most often in credit risk analyst jobs across Illinois.
- Bachelor's degree in finance, economics, mathematics, or a closely related quantitative field
- Proficiency in credit analysis software and statistical tools such as SAS, Python, or R
- Experience building or validating credit risk models including PD, LGD, and EAD
- Knowledge of regulatory frameworks such as Basel III, CECL, and SR 11-7 model risk guidance
- Strong command of financial statement analysis and borrower creditworthiness assessment
- Professional certification such as FRM, CFA, or CRC preferred by Illinois financial employers
Credit Risk Analyst Jobs in Illinois: Frequently Asked Questions
How do you become a credit risk analyst in Illinois?
Credit risk analysts in Illinois typically enter the field with a bachelor's degree in finance, economics, statistics, or a related quantitative discipline. There is no state-issued license required to work in the role in Illinois. Most Chicago-area employers look for a strong foundation in credit analysis, financial modeling, and regulatory compliance. Earning a Certified Risk Professional designation or the CFA credential strengthens candidacy considerably with Illinois's major banking and insurance employers.
How much do credit risk analysts make in Illinois?
Credit risk analysts in Illinois earn a median of about $84,990 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $58,400 for the lowest 10% to over $172,180 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire credit risk analysts in Illinois?
Employers hiring credit risk analysts in Illinois right now include Wheels, CME, and JPMorganChase, based on current listings on Migrate Mate as of November 2026. Illinois's concentration of large commercial banks, regional lenders, and insurance headquarters in and around Chicago means demand for this role stays relatively steady throughout the year.
Which Illinois cities have the most credit risk analyst jobs?
Chicago and Schaumburg have the most credit risk analyst openings in Illinois. Chicago drives the large majority of demand as the home of major bank headquarters, Federal Reserve operations, and global financial services firms, while Naperville and Rosemont contribute openings through the regional bank branches and corporate finance departments that cluster along the I-88 corridor west of the city.
Are there remote credit risk analyst jobs in Illinois?
Yes, and more than many finance roles, because credit risk analysis is fundamentally desk and data work that translates well to distributed teams. About 71% of credit risk analyst openings tied to Illinois are remote or hybrid as of November 2026, reflecting the analytical and model-driven nature of the work. Model validation, portfolio monitoring, and reporting functions are the portions of the role most commonly offered with remote flexibility by Illinois employers.
How can I get hired as a credit risk analyst in Illinois with little or no experience?
The most realistic entry path is a junior credit analyst or credit associate role at a Chicago-area community bank or regional lender, where smaller teams give early-career candidates hands-on exposure faster than large institutions. Northern Trust, Wintrust Financial, and Byline Bank are among the Illinois employers known to hire analysts at the associate level. A strong quantitative internship, completion of the CRC exam, or a capstone project demonstrating credit model work can substitute meaningfully for direct experience in Illinois hiring processes.
Where can I find and apply to credit risk analyst jobs in Illinois?
You can find and apply to credit risk analyst jobs in Illinois on Migrate Mate, which lists current Illinois openings updated regularly. Find a role that fits your background and apply directly through the listing.
See All 10 Credit Risk Analyst Jobs in Illinois
Find roles in Illinois that match your experience and apply in just a few clicks.
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