Quantitative Credit Risk Analyst

Selby Jennings; Chicago (IL); On-site; USD 100,000 - 120,000; Full time

Job summary

A financial services firm is seeking a Mid-Senior level Risk Management Consultant to develop and maintain credit risk models, perform data analysis, and ensure regulatory compliance. You will enhance risk models using R/Python, analyze financial data, and automate reporting processes. The ideal candidate will hold a degree in Mathematics, Statistics, Finance, or a related field with 1-4 years of relevant experience. Strong quantitative skills and proficiency in R and SQL are essential for this full-time position.

Qualifications

• 1-4 years in credit risk, banking, or underwriting.
• Familiarity with financial data platforms and regulatory standards.
• Excellent communication and attention to detail.

Responsibilities

• Build and enhance risk models using R/Python.
• Analyze large-scale financial data using cloud platforms.
• Conduct statistical analysis, portfolio diagnostics, and predictive modeling.
• Automate analytics and reporting; create dashboards.
• Monitor model performance and recommend recalibration.
• Perform credit analysis and recommend credit terms.
• Prepare reports and presentations.

Skills

Strong quantitative/statistical skills

Proficiency in R

SQL

Excel (VBA a plus)

Education

Degree in Mathematics, Statistics, Finance, or related field

Job description

This range is provided by Selby Jennings. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$100,000.00/yr - $120,000.00/yr

Direct message the job poster from Selby Jennings

Risk Management Consultant @ Selby Jennings

Develop and maintain credit risk models, perform data analysis, and support underwriting standards for financial institutions. Ensure compliance with regulatory requirements and deliver actionable insights to stakeholders.

Key Responsibilities

• Build and enhance risk models using R/Python for measurement, stress testing, and scenario analysis.
• Analyze large-scale financial data using cloud platforms (e.g., Databricks).
• Conduct statistical analysis, portfolio diagnostics, and predictive modeling.
• Automate recurring analytics and reporting; create dashboards for senior stakeholders.
• Monitor model performance and recommend recalibration.
• Perform credit analysis, risk ratings, and recommend credit terms.
• Prepare reports and presentations; contribute to policy updates and process improvements.

Qualifications

• Degree in Mathematics, Statistics, Finance, or related field.
• 1-4 years in credit risk, banking, or underwriting.
• Strong quantitative/statistical skills; proficiency in R, SQL, and Excel (VBA a plus).
• Familiarity with financial data platforms and regulatory standards.
• Excellent communication, attention to detail, and ability to work independently or in teams.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance

Industries

Banking

Referrals increase your chances of interviewing at Selby Jennings by 2x

Get notified about new Credit Risk Analyst jobs in Chicago, IL.