How Much Does a Credit Risk Analyst Make in Illinois?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Credit Risk Analyst in Illinois is $76,348. While Salary.com is seeing that Credit Risk Analyst salary in IL can go up to $90,368 or down to $50,196, but most earn between $62,659 and $83,687. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Credit Risk Analyst
Credit Risk Management Analyst
$116,199
Illinois
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Senior Credit Risk Analyst
$106,441
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Credit Risk Business Analyst
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Credit Risk Reporting Analyst
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Similar Job Salaries to Credit Risk Analyst by Company

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Company average base salary in (usd) range
Bill Me Later, Inc.
Credit Risk Analyst
$84,069/yr
$74,252
$93,885
RANGE: $74,252 - $93,885
PayPal, Inc.
Senior Credit Risk Analyst
$85,374/yr
$77,437
$93,311
RANGE: $77,437 - $93,311
PayPal, Inc.
Credit Risk Analyst
$71,080/yr
$63,654
$78,507
RANGE: $63,654 - $78,507
Inizio Partners
Credit Risk Analyst
$96,472/yr
$85,664
$107,279
RANGE: $85,664 - $107,279
JPMorgan Chase
Risk Management - Real Estate Credit Risk - Analyst
$100,510/yr
$91,162
$109,859
RANGE: $91,162 - $109,859
Acunor
Senior Risk Analyst – Credit Risk & Marketing Analytics
$96,550/yr
$88,227
$104,872
RANGE: $88,227 - $104,872
Acunor Infotech
Senior Risk Analyst Credit Risk & Marketing Analytics
$96,550/yr
$88,227
$104,872
RANGE: $88,227 - $104,872
Acunor
Senior Data Analyst - Credit Risk & Marketing
$97,640/yr
$88,277
$107,004
RANGE: $88,277 - $107,004
Acunor Infotech
Senior Data Analyst Credit Risk & Marketing
$88,712/yr
$80,204
$97,219
RANGE: $80,204 - $97,219
BMO U.S.
Credit Risk Reporting and Insights
$133,939/yr
$120,489
$147,390
RANGE: $120,489 - $147,390

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Top 10 Highest Paying Cities For Credit Risk Analyst Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Credit Risk Analyst can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Credit Risk Analyst job salaries in Illinois. Some cities can pay higher salaries for Credit Risk Analyst jobs, which can indicate that there is a large demand for Credit Risk Analyst positions in this city.
The following table shows top 10 cities where the Credit Risk Analyst salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Oak Park. The Credit Risk Analyst salary is $77,404 in Chicago, which is higher than the national average. There are 20 cities' Credit Risk Analyst salary higher than national average in Illinois.
The average salary for a Credit Risk Analyst in Illinois is $76,348, but we found that the city with the highest salary for Credit Risk Analyst jobs is Chicago, IL, and it is higher than Cicero. Credit Risk Analyst jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $77,404 $6,450 $1,489 $37
Cicero $77,404 $6,450 $1,489 $37
Oak Park $77,404 $6,450 $1,489 $37
Evanston $77,374 $6,448 $1,488 $37
Skokie $77,374 $6,448 $1,488 $37
Oak Lawn $77,314 $6,443 $1,487 $37
Des Plaines $77,195 $6,433 $1,485 $37
Mount Prospect $77,135 $6,428 $1,483 $37
Aurora $76,805 $6,400 $1,477 $37
Hoffman Estates $76,738 $6,395 $1,476 $37

What Does a Credit Risk Analyst Do?

Credit analysts must have a solid grasp of statistics and other mathematics to adequately perform their jobs.
Updated November 29, 2021
If you need to borrow money for your small business, credit risk analysts will evaluate your application.
Updated October 26, 2021
Because there are many variables involved with these decisions, credit analysts are required to have a certain level of education, and for that, they receive commensurate compensation.
Updated October 07, 2021
Corporate governance initiatives and a more restrictive and expensive insurance market have given risk analysts a higher profile within organisations.
Updated December 20, 2021
Will learn how credit risk is being assessed in various domains like retail, commercial real estate, structured finance, etc.
Updated December 19, 2021

Frequently Asked Questions About a Credit Risk Analyst Salaries

What is the average of a Credit Risk Analyst in Illinois?

The Credit Risk Analyst salary range is from $62,659 to $83,687, and the average Credit Risk Analyst salary is $76,348/year in Illinois. The Credit Risk Analyst's salary will change in different locations.

Which location pays the highest Credit Risk Analyst salary in the United States?

The Credit Risk Analyst salary in San Jose, CA is $94,475 which is the highest in the US.

What kinds of reasons will influence the Credit Risk Analyst's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Credit Risk Analyst.

What is the growth rate of the Credit Risk Analyst's salary?

If you are thinking of becoming a Credit Risk Analyst or planning the next step in your career, find the detailed salary report of a Credit Risk Analyst.