CREDIT RISK MANAGER jobs in Illinois

CREDIT RISK MANAGER develops and implements policies and procedures that reduce credit risk for a financial institution. Manages the building of financial models that predict credit risk exposure to the organization. Being a CREDIT RISK MANAGER oversees the preparation of performance reports for management. May require a master's degree. Additionally, CREDIT RISK MANAGER typically reports to a head of a unit/department. The CREDIT RISK MANAGER manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a CREDIT RISK MANAGER typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)

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Credit Risk Analyst
  • CME Group
  • Chicago, IL FULL_TIME
  • Description

    The Credit Risk Analyst will be responsible for identifying, evaluating, measuring, monitoring, and documenting key risks related to CME Clearing’s counterparties and exposures. The primary responsibility of the Analyst is to assess and monitor the credit risk of counterparties and assign internal credit ratings to the counterparties utilizing internal models. The Analyst will need to identify relevant business, market and other risks faced by the counterparties on a daily basis. A successful candidate will have experience with financial statement analysis and financial writing, as well as knowledge of financial institutions (banks, broker-dealers, trading firms) and derivatives markets.

    Responsibilities:

    • Leverage financial analysis and industry/market research to evaluate CME Clearing’s counterparties and exposures

    • Monitor markets and counterparties daily and report out notable news items and how they will impact CME Clearing and its counterparties during weekly risk meetings, and on an ad hoc basis as necessary

    • Utilize internal credit model, as well as internal and external data and documentation, to rate all counterparties and complete credit rating documentation

    • Perform daily risk processes to monitor and analyze clearing member trading activity

    • Present analysis and other projects to senior management team

    • Participate in onsite due diligence reviews of CME Clearing’s counterparties

    Skills and Software Requirements:

    • BA or BS in a finance, accounting, business or quantitative field

    • 1-3 years of credit, finance, accounting or risk management work experience

    • Excellent written and verbal communication skills

    • Working knowledge with Microsoft Suite and Bloomberg

    • Self-motivated professional

    • Strong analytical, quantitative, and organizational skills

    • Ability to shift fluidly between multiple projects as priorities change

    • Ability to work independently accurately and to meet deadlines

    • Must work well in a team environment

    • 5% travel required


    CME Group: Where Futures Are Made

    CME Group (www.cmegroup.com) is the world's leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career shaping tomorrow. We invest in your success and you own it, all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we're looking for more.

    At CME Group, we embrace our employees' diverse experiences, cultures and skills, and work to ensure that everyone’s perspectives are acknowledged and valued. As an equal opportunity employer, we recognize the importance of a diverse and inclusive workplace and consider all potential employees without regard to any protected characteristic.

  • 15 Days Ago

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Credit Manager
  • Unilock
  • Aurora, IL FULL_TIME
  • PAVE A BRIGHTER FUTURE FOR YOURSELF! Looking for a life-long career, with opportunities for advancement, and unmatched benefits packages? Unilock has been North America’s premier manufacturer of concr...
  • 16 Days Ago

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Credit Manager
  • Heritage Distribution
  • Chicago, IL FULL_TIME
  • NuComfort LLC is a distributor of quality HVAC equipment and supplies to residential and commercial contractors with 3 locations servicing the Chicagoland area. We are currently seeking a Credit Manag...
  • 18 Days Ago

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Credit Manager
  • Heritage Distribution
  • Carol Stream, IL FULL_TIME
  • NuComfort LLC is a distributor of quality HVAC equipment and supplies to residential and commercial contractors with 3 locations servicing the Chicagoland area. We are currently seeking a Credit Manag...
  • 19 Days Ago

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Credit Manager
  • Benoist Brothers Supply Company
  • Chicago, IL FULL_TIME
  • We offer generous paid vacation and personal leave beginning on your first day AND you are eligible for quarterly and annual bonuses. NuComfort LLC is a distributor of quality HVAC equipment and suppl...
  • 19 Days Ago

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Operations Manager
  • Brosnan Risk Consultants
  • Bloomington, IL OTHER
  • Company Overview/Benefits Brosnan is looking for an Operations Manager in Central Illinois! The Salary Range is between $42,000-47,000, depending on experience and qualifications. PTO, Medical, Dental...
  • 1 Month Ago

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Credit Risk Manager – C&I
  • Madison-Davis, LLC
  • Office Status: Hybrid Salary: $100,000 to $150,000 Responsibilities: Assess credit risk management program and make impr...
  • 4/18/2024 12:00:00 AM

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Product & Business Development Credit Risk Manager
  • Idaho State Job Bank
  • Boise, ID
  • Product & Business Development Credit Risk Manager at U.S. Bank in Boise, Idaho, United States Job Description At U.S. B...
  • 4/18/2024 12:00:00 AM

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Senior Audit Manager - Credit Risk Portfolio Reviews
  • U.S. Bancorp
  • New York, NY
  • The Corporate Audit Services (CAS) Senior Audit Manager is a senior level management position that is responsible for pr...
  • 4/18/2024 12:00:00 AM

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Credit Risk Manager
  • Alliance of Professionals & Consultants, Inc. (APC)
  • Are you an experienced Senior Credit Risk Manager? If so, let’s talk! Our client is actively seeking a talented Senior C...
  • 4/17/2024 12:00:00 AM

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Senior Manager, Retail Credit Risk Management
  • Schwab
  • **Senior Manager, Retail Credit Risk Management** **Location** Westlake, Texas, United States; Lone Tree,Colorado,United...
  • 4/17/2024 12:00:00 AM

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Credit Risk Management Director
  • Hiring Now!
  • Kansas City, KS
  • Develop and manage the cooperative-wide customer credit risk function within Dairy Farmers of America, Inc. (DFA). Perfo...
  • 4/16/2024 12:00:00 AM

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Senior Analyst, Credit Risk Management
  • Upgrade
  • San Francisco, CA
  • Upgrade is a fintech company that provides affordable and responsible credit, mobile banking, and payment products to ev...
  • 4/16/2024 12:00:00 AM

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Credit Risk Manager
  • EagleBank
  • Potomac, MD
  • Overview: We are a values driven organization putting Relationships FIRST. EagleBank (NASDAQ EGBN) is focused on being F...
  • 4/15/2024 12:00:00 AM

Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP), the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for CREDIT RISK MANAGER jobs
$119,853 to $176,562

CREDIT RISK MANAGER in Houston, TX
Additional responsibilities may include proactive evaluation of Problem Assets, the New/Complex Product Approval Process, Counterparty Risk Quantification, limit approval authority and reporting of capital markets credit risk.
January 18, 2020
CREDIT RISK MANAGER in Erie, PA
A credit risk manager is responsible for reviewing the financial statement details and prior history, then making a decision about the level of acceptable risk for the business or organization.
January 31, 2020
CREDIT RISK MANAGER in Paramus, NJ
Depending on the size of the organization and the industry, there might be multiple credit risk managers.
February 09, 2020