diff --git a/provider/aws/config.go b/provider/aws/config.go
index 5908150e77..024b4ac7f5 100644
--- a/provider/aws/config.go
+++ b/provider/aws/config.go
@@ -98,6 +98,7 @@ func newV2Config(awsConfig AWSSessionConfig) (awsv2.Config, error) {
 		return awsv2.Config{}, fmt.Errorf("instantiating AWS config: %w", err)
 	}
 
+	var credentials awsv2.CredentialsProvider
 	if awsConfig.AssumeRole != "" {
 		stsSvc := sts.NewFromConfig(cfg)
 		var assumeRoleOpts []func(*stscredsv2.AssumeRoleOptions)
@@ -112,9 +113,39 @@ func newV2Config(awsConfig AWSSessionConfig) (awsv2.Config, error) {
 		} else {
 			logrus.Infof("Assuming role: %s", awsConfig.AssumeRole)
 		}
-		creds := stscredsv2.NewAssumeRoleProvider(stsSvc, awsConfig.AssumeRole, assumeRoleOpts...)
-		cfg.Credentials = awsv2.NewCredentialsCache(creds)
+		provider := stscredsv2.NewAssumeRoleProvider(stsSvc, awsConfig.AssumeRole, assumeRoleOpts...)
+		credentials = awsv2.NewCredentialsCache(provider)
+	} else {
+		credentials = newReloadableStaticCredentialsProvider(defaultOpts...)
 	}
 
+	cfg.Credentials = credentials
+
 	return cfg, nil
 }
+
+// reloadableStaticCredentialsProvider is a credentials provider that loads
+// default credentials on each retrieval. This makes it possible to load fresh
+// credentials stored in a file referenced by AWS_SHARED_CREDENTIALS_FILE that
+// is updated by another process.
+type reloadableStaticCredentialsProvider struct {
+	opts []func(*config.LoadOptions) error
+}
+
+func newReloadableStaticCredentialsProvider(opts ...func(*config.LoadOptions) error) awsv2.CredentialsProvider {
+	return &reloadableStaticCredentialsProvider{opts: opts}
+}
+
+func (p *reloadableStaticCredentialsProvider) Retrieve(ctx context.Context) (awsv2.Credentials, error) {
+	cfg, err := config.LoadDefaultConfig(ctx, p.opts...)
+	if err != nil {
+		return awsv2.Credentials{}, fmt.Errorf("instantiating AWS config: %w", err)
+	}
+
+	creds, err := cfg.Credentials.Retrieve(ctx)
+	if err != nil {
+		return awsv2.Credentials{}, fmt.Errorf("retrieving credentials: %w", err)
+	}
+
+	return creds, nil
+}
diff --git a/provider/aws/config_test.go b/provider/aws/config_test.go
index 00b3b46aac..5e9ff4462d 100644
--- a/provider/aws/config_test.go
+++ b/provider/aws/config_test.go
@@ -19,6 +19,7 @@ package aws
 import (
 	"context"
 	"os"
+	"path/filepath"
 	"testing"
 
 	"github.com/stretchr/testify/assert"
@@ -28,11 +29,20 @@ import (
 func Test_newV2Config(t *testing.T) {
 	t.Run("should use profile from credentials file", func(t *testing.T) {
 		// setup
-		credsFile, err := prepareCredentialsFile(t)
-		defer os.Remove(credsFile.Name())
+		dir := t.TempDir()
+		credsFile := filepath.Join(dir, "credentials")
+		err := os.WriteFile(credsFile, []byte(`
+[profile1]
+aws_access_key_id=AKID1234
+aws_secret_access_key=SECRET1
+
+[profile2]
+aws_access_key_id=AKID2345
+aws_secret_access_key=SECRET2
+`), 0777)
 		require.NoError(t, err)
-		os.Setenv("AWS_SHARED_CREDENTIALS_FILE", credsFile.Name())
-		defer os.Unsetenv("AWS_SHARED_CREDENTIALS_FILE")
+
+		t.Setenv("AWS_SHARED_CREDENTIALS_FILE", credsFile)
 
 		// when
 		cfg, err := newV2Config(AWSSessionConfig{Profile: "profile2"})
@@ -45,6 +55,44 @@ func Test_newV2Config(t *testing.T) {
 		assert.Equal(t, "SECRET2", creds.SecretAccessKey)
 	})
 
+	t.Run("should respect updates to the credentials file", func(t *testing.T) {
+		// setup
+		dir := t.TempDir()
+		credsFile := filepath.Join(dir, "credentials")
+		err := os.WriteFile(credsFile, []byte(`
+[default]
+aws_access_key_id=AKID1234
+aws_secret_access_key=SECRET1
+`), 0777)
+		require.NoError(t, err)
+
+		t.Setenv("AWS_SHARED_CREDENTIALS_FILE", credsFile)
+
+		cfg, err := newV2Config(AWSSessionConfig{})
+		require.NoError(t, err)
+		creds, err := cfg.Credentials.Retrieve(context.Background())
+		require.NoError(t, err)
+
+		assert.Equal(t, "AKID1234", creds.AccessKeyID)
+		assert.Equal(t, "SECRET1", creds.SecretAccessKey)
+
+		// given
+		err = os.WriteFile(credsFile, []byte(`
+[default]
+aws_access_key_id=AKID2345
+aws_secret_access_key=SECRET2
+`), 0777)
+		require.NoError(t, err)
+
+		// when
+		creds, err = cfg.Credentials.Retrieve(context.Background())
+
+		// then
+		assert.NoError(t, err)
+		assert.Equal(t, "AKID2345", creds.AccessKeyID)
+		assert.Equal(t, "SECRET2", creds.SecretAccessKey)
+	})
+
 	t.Run("should respect env variables without profile", func(t *testing.T) {
 		// setup
 		os.Setenv("AWS_ACCESS_KEY_ID", "AKIAIOSFODNN7EXAMPLE")
@@ -63,13 +111,3 @@ func Test_newV2Config(t *testing.T) {
 		assert.Equal(t, "topsecret", creds.SecretAccessKey)
 	})
 }
-
-func prepareCredentialsFile(t *testing.T) (*os.File, error) {
-	credsFile, err := os.CreateTemp("", "aws-*.creds")
-	require.NoError(t, err)
-	_, err = credsFile.WriteString("[profile1]\naws_access_key_id=AKID1234\naws_secret_access_key=SECRET1\n\n[profile2]\naws_access_key_id=AKID2345\naws_secret_access_key=SECRET2\n")
-	require.NoError(t, err)
-	err = credsFile.Close()
-	require.NoError(t, err)
-	return credsFile, err
-}