Full-Time
Senior Credit Risk Analyst
Posted on 8/18/2026
Alliant Credit Union
501-1,000 employees
Digital credit union offering online banking
Compensation Overview
$84.2k - $131k/yr
Chicago, IL, USA
Hybrid
Up to 3 days of work from home per week.
Bachelor's, Master's
 Finance & Banking (1) |
|---|
Get referred to Alliant Credit Union
See people who can refer or advise you
- A minimum four-year bachelor's degree in Mathematics, Statistics, Quantitative Finance, Engineering, Computer Science, or a related field.
- At least 3 years of experience in credit risk analytics within financial services, or 5 years of such experience in lieu of education.
- Experience with credit risk analytics for consumer and mortgage loans.
- Experience using statistical techniques and designing or evaluating predictive models.
- Experience with Python, R, or SAS.
- Experience querying data warehouses and databases using SAP Business Objects or Microsoft SQL Server Management Studio.
- Knowledge of credit policies, underwriting, loan origination, loss forecasting, credit loss modeling, economic capital analysis, CECL implementation, and regulatory compliance.
- Develop and review credit policies, strategies, data frameworks, and analytical frameworks for loan origination and loss forecasting.
- Analyze origination risk factors and recommend or implement improvements to underwriting criteria, lending policies and standards, and loan product pricing.
- Review and monitor credit risk for credit cards and recommend or implement line management, pricing, and authorization strategies.
- Prepare data for quarterly mortgage and consumer loan portfolio performance analysis.
- Provide support and rule recommendations for loan origination system implementation and maintenance.
- Provide data and analytics support for new and enhanced lending products and potential loan trading transactions.
- Assess economic capital analysis, credit loss modeling and mitigation, and CECL implementation.
- Query data warehouses and databases to extract, summarize, and save relevant data.
- Use statistical techniques in test setup to assess the effectiveness of proposed risk strategies.
- Work with Advanced Analytics to design and build predictive models using Python, R, or SAS.
- Evaluate, implement, and monitor third-party scoring solutions.
- Prepare supporting information and present findings to management.
- Generate periodic reports for audit and regulatory compliance and assist with ad hoc requests.
- Formulate and revise credit policies and procedures to address new regulations.
- Ensure compliance with the Bank Secrecy Act, applicable state and federal laws, company procedures and policies, and Privacy Act directives.
- A graduate degree in Mathematics, Statistics, Quantitative Finance, Engineering, Computer Science, or a related field.
Alliant Credit Union is a digital, member-focused financial cooperative that provides banking and financial products to its 900,000+ members. It operates fully online, offering products like savings, checking, loans, and credit services through a seamless digital platform, supported by human customer service. Its products work by letting members open and manage accounts, apply for loans, and access services entirely online, with a strong emphasis on simple, secure digital experiences. Alliant differentiates itself by being the largest credit union in Illinois and one of the largest in the U.S., combining scale with a fully digital model and a commitment to exceptional service and community impact. Its goal is to redefine the financial industry by disrupting traditional banking norms, prioritizing members, employees, and communities, and providing experiences that push the industry forward.
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Des Plaines, Illinois
Founded
1935
Get referred to Alliant Credit Union
See people who can refer or advise you
Simplify's Take
What believers are saying
- Alliant surpassed 900,000 members and $20 billion assets in 2025.
- June 2026 Jumbo High-Rate Checking expands deposit gathering and primary-bank adoption.
- August 2026 commercial lending highlighted more than $500 million 2025 CRE originations.
What critics are saying
- BBB logged 206 complaints in three years, signaling persistent service friction.
- Jumbo High-Rate Checking demands $5,000 direct deposits and $10,000 balances to earn 2.00%.
- Commercial real estate lending adds credit-cycle exposure if 2027 refinancing markets weaken.
What makes Alliant Credit Union unique
- Digital-first credit union: 938,005 members, $19.66B assets, and no branch dependence.
- Alliant pays up to 2.00% APY on checking with no monthly fees.
- Kiplinger named Alliant one of 2026's Best Credit Unions for digital banking.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Health Insurance
Vision Insurance
Dental Insurance
401(k) Company Match
Performance Bonus
Remote Work Options
Parental Leave
Employee Discount Programs
Paid Vacation
Paid Sick Leave
Paid Holidays
Tuition Reimbursement
Company News
Alliant Credit Union named one of Kiplinger's Best Credit Unions of 2026. Jul 27, 2026, 11:24 ET CHICAGO, July 27, 2026 /PRNewswire/ - Alliant Credit Union has been named one of Kiplinger's Best Credit Unions of 2026, the publication's highest banking honor. The recognition reflects Alliant's commitment to helping members improve their financial well-being through competitive rates, low fees, and convenient digital banking solutions. Kiplinger's rigorous methodology, developed in partnership with financial data provider Curinos, evaluated 13 national banks, 14 internet banks, and 13 credit unions across a comprehensive range of criteria. These included interest rates, fee structures, ATM benefits, overdraft policies, minimum balance requirements, and online and mobile banking features. Alliant's recognition reflects its consistent ability to outperform across each of these dimensions. "This award is a reflection of our team's commitment to the people we serve. Every day, our employees work to help members make more informed financial decisions, build long-term financial wellness, and achieve their financial goals," said Mike Dobbins, CEO, Alliant Credit Union. "Being named one of Kiplinger's Best Credit Unions of 2026 underscores our focus on delivering value, convenience, and service for members. We're grateful for the trust our members place in us and proud of the team members who make that trust possible." Central to Alliant's award-winning performance is its focus on wow-ing its members through operational excellence, member-first thinking, and continuous innovation. This philosophy has driven the development of an expanding product shelf designed to meet members at every stage of their financial lives. Among Alliant's most notable recent innovations is its Jumbo High-Rate Checking account, which offers a highly competitive interest rate, which is not typical in the market for a checking account. While this recognition celebrates Alliant's success in serving its members, membership opportunities extend well beyond its Chicago roots. Anyone can apply to join Alliant and access a full suite of digital banking, lending and financial solutions designed to help them achieve their financial goals. About Alliant Credit Union: Alliant Credit Union is a national digital financial institution with over 900,000 members and $20 billion in assets. Members access accounts, products, and services entirely online. Alliant has maintained competitive rates and low fees through lean operating costs. Consistently recognized as one of the best financial institutions, Alliant was named one of CNBC's Top Credit Unions and Forbes Best Credit Union for Digital Banking. Headquartered in Chicago and founded in 1935, Alliant is one of the largest credit unions in the United States. SOURCE Alliant Credit Union
Alliant Credit Union intros high-rate checking account. June 18, 2026 Alliant Credit Union, based in Chicago, introduced its Jumbo High-Rate Checking Account, allowing members to earn up to 2.00% APY with no monthly fees or cap on interest earned, according to a press release. The account is available on a three-tier system for members based on direct deposit activity and balances. It also pairs with the Alliant High-Rate Savings Account. The account also provides access to the following services: * 80,000 fee-free ATMs and ATM rebates for the highest tier. * Early payday. * Integrates with Apple, Google, Samsung Pay, Venom, PayPal and Cash App. "Our Jumbo High-Rate Checking Account is another example of how Alliant is innovating and creating differentiation in financial services," Mike Dobbins, CEO of Alliant Credit Union, said in the release. "We continue to bring our members top-of-the-line products that deliver real, measurable value like materially higher interest rates on checking and savings accounts, fewer fees and tools that make their financial lives better."
Wells Fargo appoints Dennis Devine as Head of Business Banking. Published. March 30, 2026 Wells Fargo has appointed Dennis Devine as Head of its Business Banking division. In the role, Devine will oversee services designed for business owners generating up to $25 million in annual sales, guiding strategy and operations for this key customer segment. He will report to Kleber Santos, Co-CEO of Consumer Banking and Lending, and will be based in Charlotte, North Carolina. Santos highlighted Devine's background in banking leadership, stating, "Dennis brings to Wells Fargo more than 20 years of financial services experience and a deep understanding of how to meet the needs of Business Banking customers." He added that the company expects Devine to strengthen relationships with business clients and expand support for entrepreneurs across its network. Devine joins Wells Fargo after serving as President and Chief Executive Officer of Alliant Credit Union. Earlier in his career, he led consumer and business banking at KeyBank, overseeing retail banking, wealth management, home lending, auto finance, and small-business services. He also held senior roles at Citizens Financial Group, PNC Financial Services, and National City Corporation. Commenting on his appointment, Devine said, "Business banking fulfills an essential role to the success of businesses in every U.S. community."
Wells Fargo names former Alliant CU CEO to lead business banking division. The $2.1 trillion bank taps the former Alliant Credit Union chief to oversee services for companies with up to $25 million in annual sales. Wells Fargo, the fourth-largest bank in the United States by assets, has named Dennis Devine as its new head of business banking, the company announced this week. The San Francisco-based lender, which reports approximately $2.1 trillion in consolidated assets, ranks behind JPMorgan Chase, Bank of America and Citigroup in size. Devine's appointment comes as large financial institutions continue to compete aggressively for small-business customers, a segment viewed as critical to growth and cross-selling opportunities. In his new role, effective immediately, Devine will lead the division serving business owners with annual sales of up to $25 million. He will report to Kleber Santos, co-chief executive of consumer banking and lending, and will be based in Charlotte, N.C. "Dennis brings to Wells Fargo more than 20 years of financial services experience and a deep understanding of how to meet the needs of business banking customers," Santos said in a statement. "We look forward to him joining our team and leading our work to further strengthen how we support and build our relationships with our business customers." Story continued below... Free case study. Blazing new trails in member experience: the Pioneer FCU story. In 2021, Pioneer transitioned from their legacy system to Tyfone's nFinia Retail Digital Banking platform to offer members an ultra-modern banking experience. This move enabled the credit union to deliver a hyper-personalized digital journey while leveraging open banking and seamless third-party integrations. Read its exclusive case study and discover how they upgraded their digital banking experience. Download the case study! Devine most recently served as president and chief executive of Alliant Credit Union, one of the nation's 10 largest credit unions, with $20.3 billion in assets and more than 923,000 members. Before that, he led consumer and business banking at KeyBank, overseeing retail banking, business banking, wealth management, home lending and auto finance. His career has also included leadership roles at Citizens Financial Group, PNC and National City. "Business banking fulfills an essential role to the success of businesses in every U.S. community, and Wells Fargo is uniquely positioned to support business owners across the country with its scale, experience and full array of financial products and services," Devine said. "I'm looking forward to joining a team that has a solid foundation and is prepared to drive even greater value for business customers in our communities." Devine's departure from Alliant set off a leadership transition at the Chicago-based credit union. In June, Alliant named Mike Dobbins as chief executive, replacing interim chief executive Ken Schaafsma, who continues as chief risk officer. Schaafsma had stepped in after Devine left the organization. Alliant has reported improved financial results, earning $111.4 million in 2025 compared with $81.7 million in 2024, according to NCUA call report data. For Wells Fargo, the addition of Devine signals a continued focus on strengthening its business banking franchise, particularly among small and midsize enterprises, as large banks seek deeper relationships in a competitive market. "Business banking fulfills an essential role to the success of businesses in every U.S. community, and Wells Fargo is uniquely positioned to support business owners across the country with its scale, experience and full array of financial products and services." - Dennis Devine New Head of Business Banking Wells Fargo
Alliant Credit Union named Best Midsize Place to Work in Chicago. CHICAGO (Jan. 6, 2026) - Alliant Credit Union, one of the nation's largest fully digital credit unions, has been named a Best Midsize Place to Work in Chicago by Built In for the sixth consecutive year, a recognition that underscores the organization's strong workplace culture, employee engagement, and commitment to putting people first. The award honors companies that excel in creating positive, inclusive, and empowering work environments where employees feel valued, supported, and inspired to do their best work. Alliant was recognized for its focus on collaboration, innovation, and professional growth, as well as its mission-driven approach to serving both employees and members. "Being named one of Built In's Best Midsize Places to Work in Chicago is an incredible honor that speaks to the culture we've built together," said Diane Hughes, Alliant's Chief HR Officer. "This recognition reflects our unwavering commitment to fostering an environment where innovation thrives, collaboration is at the heart of everything we do, and every colleague feels valued and empowered to make a meaningful impact. We believe that when people are supported and inspired, they can achieve extraordinary things. This award is a testament to that shared vision." Alliant Credit Union has invested heavily in fostering a workplace that emphasizes flexibility, transparency, and development. Employees benefit from a collaborative environment, opportunities to grow their careers, and a shared commitment to innovation in the financial services industry. As a fully digital credit union, Alliant also offers modern tools and flexible work practices that support work-life balance while maintaining strong connections across teams. The Built In Best Midsize Places to Work in Chicago designation places Alliant among a select group of employers recognized for excellence in workplace culture and employee satisfaction in the Chicago area. "Today's candidates discover the companies they want to work for using AI tools," said Maria Christopoulos Katris, founder & CEO of Built In. "Earning a Best Place to Work award not only signals to candidates that you invest in your people, it's a lever to strengthen how AI search tools understand and represent your company's story." To learn more about Alliant Credit Union and career opportunities, visit alliantcreditunion.org/careers. Alliant Credit Union is a national digital financial institution with over 900,000 members and $20 billion in assets, focused on innovation and disrupting the traditional banking model. Alliant maintains some of the industry's best cost structures while delivering members the best products, rates, and value. Consistently recognized as one of the best financial institutions, Alliant was named one of CNBC's Top Credit Unions and Forbes Best Credit Union for Digital Banking. Headquartered in Chicago and founded in 1935, Alliant is one of the largest credit unions in the United States.