What is Credit Risk?
Credit risk entails the risk experienced by a lender from the possibility of losing money due to a borrower failing to repay or meet their obligations set out in a loan contract. Credit risk manifests in many forms including loans (the most popular), letters of credit, foreign exchange and lines of credit.
How is Credit Risk used?
Zippia reviewed thousands of resumes to understand how credit risk is used in different jobs. Explore the list of common job responsibilities related to credit risk below:
- Screened credits and interviewed applicants to minimize credit risk and potential monetary loss.
- Reconstructed the rating scale (10 to 12-point) used by credit underwriters to better evaluate credit risk and client default.
- Partner with Business Development and Sales Management to drive sales and revenues, while minimizing credit risk and bad debt.
- Provided leadership and direction to ensure that all credit risks were properly identified and appropriate reserve levels were maintained.
- Determine appropriate credit lines, terms and conditions along with security based on credit risk assessment of customers.
- Calculated credit risk capital and value at risk for six subsidiaries of over 50bn Swiss Frank.
Are Credit Risk skills in demand?
Yes, credit risk skills are in demand today. Currently, 2,163 job openings list credit risk skills as a requirement. The job descriptions that most frequently include credit risk skills are senior credit manager, credit administration manager, and credit officer.
How hard is it to learn Credit Risk?
Based on the average complexity level of the jobs that use credit risk the most: senior credit manager, credit administration manager, and credit officer. The complexity level of these jobs is challenging.
On this page
What jobs can you get with Credit Risk skills?
You can get a job as a senior credit manager, credit administration manager, and credit officer with credit risk skills. After analyzing resumes and job postings, we identified these as the most common job titles for candidates with credit risk skills.
Senior Credit Manager
Job description:
Senior credit managers are financial professionals who are responsible for overseeing the credit granting process for a financial institution. These managers are required to develop risk management solution strategies so that the institution can maintain risk and improve profitability. They must screen the credit history of applicants as well as to conduct interviews to minimize credit risk and potential monetary loss. They must also conduct credit analysis and financial risk evaluations by gathering and analyzing all types of credit information on new and existing customers.
- Risk Management
- Credit Risk
- Credit Analysis
- Financial Statements
- Credit Policy
- Credit Decisions
Credit Administration Manager
- Risk Management
- PowerPoint
- Credit Decisions
- Origination
- Credit Risk
- Loan Documentation
Credit Officer
Job description:
A credit officer is responsible for evaluating financial documents and account statements to determine the eligibility of an applicant for a loan option. Credit officers communicate with the applicant to discuss the loan process, explain the terms of service, and provide them alternative options that would fit their payment ability and loan needs. They create financial reports and recommend the qualified applicant to the manager for approval. A credit officer should have excellent communication and analytical skills, ensuring that the loan policies adhere to the federal and state regulations.
- Risk Management
- Credit Risk
- Credit Analysis
- Real Estate
- Credit Approval
- Portfolio Management
Market Risk Analyst
Job description:
A market risk analyst is responsible for conducting data and statistical analysis to help the business professionals in choosing the best investment and services to take from the assessment. Market risk analysts must have excellent communication and analytical skills to provide profit estimation and design strategies to minimize potential losses. They also identify business opportunities by evaluating the market demand that would generate more revenue resources for the business to increase revenues and close business deals with the clients.
- Risk Management
- Derivative
- VAR
- Credit Risk
- VBA
- Portfolio
Credit Manager
Job description:
A credit manager is an individual who supervises the credit granting process for a company by evaluating the creditworthiness of potential customers. Credit managers must maintain corporate credit policy to optimize company sales and reduce bad debt losses. They must manage the proper relationship with agencies such as the collection agency, credit insurance providers, and the sales department. Credit managers may work in different industries such as banks, accounting firms, or auto dealerships. They must also possess a bachelor's degree in financial management or related field.
- Customer Service
- Financial Statements
- Credit Card
- Credit Risk
- Credit Policy
- Customer Accounts
Credit Analyst Internship
Job description:
A credit analyst intern is responsible for assisting the credit analysts in gathering information and documents of an individual and company to determine their eligibility for credit services. Credit analyst interns shadow tenured credit analysts with their reviews on the applicant's financial statements and credit history, where they could file approval reports as advised. They also perform administrative tasks, such as responding to the clients' inquiries and concerns, reaching out to the applicants for updates on their applications, and requesting additional statements as needed by the analysts.
- Strong Analytical
- SAS
- Credit Analysis
- PowerPoint
- Credit Risk
- Financial Performance
Lending Services Manager
- Loan Applications
- Loan Portfolio
- Performance Reviews
- Credit Risk
- Commercial Banking
- Real Estate
Senior Credit Analyst
Job description:
A senior credit analyst is responsible for reviewing the loan applications of an individual and organization, determining their eligibility by evaluating their credit scores and financial history. Senior credit analysts assess the applicant's capability to pay according to terms and conditions and loan payment plans. They submit recommendation reports of qualified applicants for further investigation and have them submit additional documents as needed. A senior credit analyst decides on credit limits and may provide the applicants' loan and credit alternatives, requiring them to have excellent knowledge of the financial industry and loan options.
- Credit Analysis
- Customer Service
- Real Estate
- Risk Management
- Credit Risk
- Loan Portfolio
Credit Analyst
Job description:
A credit analyst's role is to assess and determine a client's capacity to uphold financial obligations when applying for loans or credit programs. Working for creditors like banks and lending firms, a credit analyst must interpret and analyze financial data and personal records, identify inconsistencies and risks, and verify necessary documentation in support of loan committees. Furthermore, a credit analyst must also perform administrative tasks such as preparing reports and applications, fulfilling document requests, reaching out to clients, and coordinating with colleagues to assure accuracy in all operations.
- Customer Service
- Credit Analysis
- Customer Accounts
- Real Estate
- Credit Risk
- Strong Analytical
How much can you earn with Credit Risk skills?
You can earn up to $133,806 a year with credit risk skills if you become a senior credit manager, the highest-paying job that requires credit risk skills. Credit administration managers can earn the second-highest salary among jobs that use Python, $148,487 a year.
| Job title | Average salary | Hourly rate |
|---|---|---|
| Senior Credit Manager | $133,806 | $64 |
| Credit Administration Manager | $148,487 | $71 |
| Credit Officer | $129,478 | $62 |
| Market Risk Analyst | $90,794 | $44 |
| Credit Manager | $68,583 | $33 |
Companies using Credit Risk in 2026
The top companies that look for employees with credit risk skills are Navient, RELX, and Citi. In the millions of job postings we reviewed, these companies mention credit risk skills most frequently.
Departments using Credit Risk
| Department | Average salary |
|---|---|
| IT | $87,488 |
| Finance | $63,685 |
6 courses for Credit Risk skills
1. Theory of Credit Risk Models
For the Actuarial StudentsThis course is designed for actuaries writing exam: SP9/CM2/CP1. It is theoretical in nature and designed to introduce a student to the material. It is not a substitute for studying, rather a supplement. IntroductionRisk is defined as the consequences resulting from uncertainty. Credit Risk is defined as when a third party doesn't meet their obligation. ContentPart 1 is an introduction to Risk and looks at the mathematical properties of risk measures. Part 2 is about being aware of Credit RiskPart 3 is about identifying Credit Risk and its sources of uncertainty. Part 4 is about the models used to assess Credit Risk. Part 5 is about the Merton Model with an introduction to Option Pricing. Part 6 is about Migration and Portfolio ModelsPart 7 is about managing Credit Risk and goes beyond just using collateral. Part 8 is an Appendix for the Jarrow-Turnbull Model (Stochastic & Markov Processes)...
2. Credit Risk Modeling in Python
Brand new course!! Hi! Welcome to Credit Risk Modeling in Python. The only online course that teaches you how banks use data science modeling in Python to improve their performance and comply with regulatory requirements. This is the perfect course for you, if you are interested in a data science career. Here's why:· The instructor is a proven expert (PhD from the Norwegian Business school, who has taught in world renowned universities such as HEC, the University of Texas, and the Norwegian Business school).· The course is suitable for beginners. We start with theory and initial data pre-processing and gradually solve a complete exercise in front of you· Everything we cover is up-to-date and relevant in today's development of Python models for the banking industry· This is the only online course that shows the complete picture in credit risk in Python (using state of the art techniques to model all three aspects of the expected loss equation - PD, LGD, and EAD) including creating a scorecard from scratch· Here we show you how to create models that are compliant with Basel II and Basel III regulations that other courses rarely touch upon· We are not going to work with fake data. The dataset used in this course is an actual real-world example· You get to differentiate your data science portfolio by showing skills that are highly demanded in the job marketplace· What is most important - you get to see first-hand how a data science task is solved in the real-worldMost data science courses cover several frameworks, but skip the pre-processing and theoretical part. This is like learning how to taste wine before being able to open a bottle of wine. We don't do that. Our goal is to help you build a solid foundation. We want you to study the theory, learn how to pre-process data that does not necessarily come in the ''friendliest'' format, and of course, only then we will show you how to build a state of the art model and how to evaluate its effectiveness. Throughout the course, we will cover several important data science techniques.- Weight of evidence- Information value- Fine classing- Coarse classing- Linear regression- Logistic regression- Area Under the Curve- Receiver Operating Characteristic Curve- Gini Coefficient- Kolmogorov-Smirnov- Assessing Population Stability- Maintaining a modelAlong with the video lessons you will receive several valuable resources that will help you learn as much as possible:· Lectures· Notebook files· Homework· Quiz questions· Slides· Downloads· Access to Q & A where you could reach out and contact the course tutor. Signing up for the course today could be a great step towards your career in data science. Make sure that you take full advantage of this amazing opportunity! See you on the inside!...
3. Intro to Commercial Credit Analysis, Credit Risk and Lending
A comprehensive course designed to furnish credit professionals to make commercial lending decisions based on conclusion-based analysis. Participants will develop their analytical skills through the application of a logically structured framework which we present. Starting with the identification of the deal and credit structure, it logically works through the analysis process from business risk to financial risk then to structural risk. In addition, it will compare and contrast different industry dynamics. This course contains 42 lectures across 8 sections, introducing and then covering each concept in-depth and providing examples. More about this course and StarweaverThis course is led by a seasoned commercial and corporate credit industry practitioner and executive with many years of hands-on, in-the-trenches risk analyst work. It has been designed, produced and delivered by Starweaver. Starweaver is one of the most highly regarded, well-established training providers in the world, providing training courses to many of the leading financial institutions and technology companies, including: Ahli United Bank; Mashreqbank; American Express; ANZ Bank; ATT; Banco Votorantim; Bank of America; Bank of America Global Markets; Bank of America Private Bank; Barclay Bank; BMO Financial Group; BMO Financial Services; BNP Paribas; Boeing; Cigna; Citibank; Cognizant; Commerzbank; Credit Lyonnais/Calyon; Electrosonic; Farm Credit Administration; Fifth Third Bank; GENPACT; GEP Software; GLG Group; Hartford; HCL; HCL; Helaba; HSBC; HSBC Corporate Bank; HSBC India; HSBC Private Bank; Legal & General; National Australia Bank; Nomura Securities; PNC Financial Services Group; Quintiles; RAK Bank; Regions Bank; Royal Bank of Canada; Royal Bank of Scotland; Santander Corporate Bank; Tata Consultancy Services; Union Bank; ValueMomentum; Wells Fargo; Wells Fargo India Solutions; Westpac Corporate Bank; Wipro; and, many others. Starweaver has and continues to deliver 1000s of live in-person and online education for organizational training programs for new hires and induction, as well as mid-career and senior-level immersion and leadership courses. If you are looking for live streaming education or want to understand what courses might be best for you in technology or business, just google: starweaver journey builder starweaver[dot]comHappy learning...
4. Credit Policy, Products, Delivery, Appraisal, Risk & Rating
Welcome to this Course on Credit Policy, Delivery, Appraisal, Risk & RatingReserve Bank of India makes it necessary for Bank Employees involved in specialised job like Credit Administration to undergo Certification Program Certified Credit Professional offered by IIBF before April 1, 2018. This is necessitated to improve Bank's Man Power Capacity in step with recommendations put forward by 'Committee on Capacity Building'. This course is an Unofficial Guide to 'Certified Credit Professional Course of IIBF'. I have created lectures to discuss topic by topic of Module A of said course as followsa) Principles of Lendingb) Model Credit Policyc) Types of Borrowersd) Types of Credit Facilitiese) Credit Deliveryf) Credit Appraisalg) Credit Risk Ratingh) Credit RatingMy experience as Team Leader, Credit Processing Cell in Mid Corporate Group of State Bank of India helped me a lot to deliver lectures with practical insights. Module B to E will be published as separate courses. This is a self paced learning course. Use your headsets for effective listening. See you inside the course...
5. Credit Risk Analysis and Rating (For Bankers)
- English subtitle (Customized) is available for the entire course. Don't forget to turn it on as and when needed. Dear Bankers, Are you someone who is new to credit?Are you someone who has the responsibility of handling large credit but don't have the necessary training to handle it confidently?If you aspire to enter into the Credit Vertical of your bank that may be appraisal, rating, monitoring then please note that now it is mandatory to complete at least one of the credit certificates recognized by RBI and Certificate in Commercial Credit from Moody's Analytics and Certified Credit Professional from IIBF are two of those. This course is intended to provide you a launching pad for those certificate programs. We intend to cover these certificates in four separate courses and this is the first of the four. We have carefully designed the course to keep it as concise as possible, covering the crucial concepts with real life examples. We have correlated the learnings with practical experience from branch banking so that you realize the implications of the concepts you are learning. What will you get out of this course?Get the foundation to credit risk analysisBe confident in deciding the right borrower depending on its risk profileHow to correctly structure a credit dealBe better prepared to appear for credit certifications of Moody's Analytics or IIBFExtensive practice test to test your understandingWho is this course for?Bankers handling creditAnyone preparing for mandatory credit certifications of RBIWhy should you enroll to this course?This course is meant to give an holistic idea of credit risk analysis and credit rating. It begins from the origin of credit risk analysis from BASEL II, why credit risk analysis is crucial and how it is related to the steps of credit lending. It explains industry and business risk, management risk using practical examples. Financial risk is explained using real excel used in banks and practical guidance is provided on how to read and infer from the values. Loss Given Default (LGD) and Exposure at Default (EAD) is explained using simple words in facility risk rating. Finally there is practical guidance on how to structure a credit deal in a way that there are safeguards if anything goes wrong with the lendingThis tutorial is meant for anyone new in credit department or even new branch managers. What this course covers?The Starting PointThe Origin of Credit Risk and Risk Calculation ApproachesWhat are Obligor Risk and Facility Risks ( PD, LGD, EAD)How ratings are done and why external ratings importantRelationship of Credit Ratings with other aspects of creditCredit Risk Analysis and Credit Lending - RelationshipIndustry and Business RiskReal examples of how external factors affect the industry and business riskIndustry risk position of a few common industriesLife Cycles of businesses and industryFactors affecting industry and business risk - with real life examplesManagement RiskReal life case study of assessing management riskFactors determining management risk using real examplesFinancial RiskRatio Analysis, Assessment of loan and Facility Structure- How they are different but connectedLiquidity RatiosTurn Over RatioNon Ratio terminologies - Tangible Net Worth, Adjusted/Effective Tangible Net Worth, Quasi Equity, Capital expenditureSolvency Ratio/ Leverage ratio and understanding Liquidity/ Solvency MatrixCoverage ratiosProfitability RatiosProjections- What to accept and what to not?Facility RiskFactors determining Loss Given Default (LGD)Exposure at Default (EAD)Deal Structure and Internal Monitoring PlanDeal Structure Vs Facility Structure - DifferenceUnderstanding Deal StructureFactors determining a good deal structureDeal Structure Creation and implementationInternal Monitoring PlanCovenants for sanctionPractice TestMore than 100 questions to test your understandingWho this course is for: Credit OfficersBranch managersAspirants of credit certifications of Moody's Analytics or IIBF...
6. Master Iron Condors - Double the credit for half the risk
THE IRON CONDOR STRATEGY - KING OF TIME DECAY STRATEGIESThe Iron Condor Spread is one of the most popular trades of all Options trades, and it is the undisputed King of Time Decay or Income strategies. It is special because you get to double the premium collected, reduce your risk levels as compared to normal credit spreads, double the amount of time decay, and maintain a delta neutral position, at least when the trade is first put on. The negative with the strategy is that it's a heavily Vega negative position. We dissect the Iron Condor in this trade, put on a real trade on AAPL, and take it through a couple of weeks. We analyze the risks, set adjustment points, and discuss suitable adjustment strategies for different market situations as the trade develops. What you will master How do we construct an Iron CondorWhy choosing the right strike prices are important for the Iron condorShould we try to make it a delta neutral trade and whyWhat are its special characteristicsHow is the premium doubledWhy is the Iron Condor a popular tradeWhy are margin requirements less on an Iron CondorWhat should we watch for in terms of Vega exposureWhat are good adjustments for an Iron CondorWhen do we use the simple adjustments and when do we use the complex oneIs Rolling an Iron condor leg a viable strategyWhat are the options if we don't want to roll a losing Iron condor legWhy is there an automatic profit component in an Iron CondorHow can we optimize the entry of an Iron condor...