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Associate Credit Analyst Jobs in Michigan (NOW HIRING)

Job Summary: The Credit Analyst manages the full scope of collections for assigned accounts to ... Associate's or Bachelor's degree in Accounting, Business Administration, or Finance, preferred ...

Associate's or Bachelor's degree in Accounting, Finance, Business, or related field preferred ... Exposure to credit analysis, dispute resolution, and deductions management. * Advanced Excel skills ...

Associate's or Bachelor's degree in Accounting, Finance, Business, or related field preferred ... Exposure to credit analysis, dispute resolution, and deductions management. * Advanced Excel skills ...

Associate Responsibilities * Lead and develop the credit, collections, and deductions/chargebacks ... Assess customer creditworthiness using advanced analytics and AI-driven scoring models. Develop ...

Associate Responsibilities * Lead and develop the credit, collections, and deductions/chargebacks ... Assess customer creditworthiness using advanced analytics and AI-driven scoring models. Develop ...

Accounts Receivable Analyst

Muskegon, MI · On-site

$21.75 - $27.50/hr

Maintain account integrity by applying and monitoring credits and payments, as well as analyzing ... Associates degree or equivalent applicable experience

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Associate Credit Analyst information

See Michigan salary details

$13

$26

$42

How much do associate credit analyst jobs pay per hour?

As of Aug 6, 2026, the average hourly pay for associate credit analyst in Michigan is $26.08, according to ZipRecruiter salary data. Most workers in this role earn between $20.10 and $29.33 per hour, depending on experience, location, and employer.

What are some common challenges faced by associate credit analysts when evaluating new credit applications?

Associate Credit Analysts often encounter challenges such as analyzing incomplete or inconsistent financial data, assessing the creditworthiness of applicants with limited credit history, and balancing risk with business growth objectives. They must also stay updated with industry trends and regulatory changes that can impact credit risk. Effective communication with senior analysts and other departments is crucial for gathering necessary information and ensuring accurate assessments.

What is the difference between Associate Credit Analyst vs Credit Analyst?

AspectAssociate Credit AnalystCredit Analyst
Required CredentialsBachelor's degree, some certifications (e.g., CFA, credit analysis courses)Bachelor's degree, often similar certifications
Work EnvironmentEntry-level, team-based, financial institutions or corporationsMid-level, analytical, banking or finance sectors
Employer & Industry UsageFinancial services, banks, credit agenciesBanks, investment firms, credit departments
Common Search & ComparisonYesYes

The Associate Credit Analyst typically performs entry-level credit assessments, supporting senior analysts. Credit Analysts handle more complex evaluations and decision-making. Both roles require similar educational backgrounds and certifications, but Credit Analysts usually have more experience and responsibility.

What are the key skills and qualifications needed to thrive as an associate credit analyst, and why are they important?

To thrive as an Associate Credit Analyst, you need strong analytical skills, a solid understanding of financial statements, and typically a bachelor's degree in finance, accounting, or a related field. Familiarity with credit risk modeling software, Excel, and financial databases such as Bloomberg or S&P Capital IQ is essential. Attention to detail, effective communication, and the ability to work under tight deadlines are standout soft skills in this role. These competencies are crucial for accurately assessing creditworthiness, supporting sound lending decisions, and ensuring risk is managed effectively.

What does an associate credit analyst do?

An Associate Credit Analyst is responsible for evaluating the creditworthiness of individuals or companies applying for loans or credit lines. They analyze financial statements, credit reports, and economic data to assess risks and make recommendations on lending decisions. Their work helps financial institutions minimize losses by identifying potential credit risks and ensuring that lending policies are followed. Associate Credit Analysts often work under the supervision of senior analysts and may assist in preparing credit reports and presentations for management.
What are the most commonly searched types of Credit Analyst jobs in Michigan? The most popular types of Credit Analyst jobs in Michigan are:
What are popular job titles related to Associate Credit Analyst jobs in Michigan? For Associate Credit Analyst jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Associate Credit Analyst jobs in Michigan look for? The top searched job categories for Associate Credit Analyst jobs in Michigan are:
What cities in Michigan are hiring for Associate Credit Analyst jobs? Cities in Michigan with the most Associate Credit Analyst job openings:
Infographic showing various Associate Credit Analyst job openings in Michigan as of August 2026, with employment types broken down into 1% As Needed, 69% Full Time, 27% Part Time, 1% Temporary, and 2% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $54,250 per year, or $26.1 per hour.

Credit Analyst (B2B Collections)

BDO

Grand Rapids, MI • On-site

$28.85 - $33.66/hr

Full-time

Retirement

Re-posted 17 days ago


BDO USA rating

8.4

Company rating: 8.4 out of 10

Based on 28 frontline employees who took The Breakroom Quiz

6th of 22 rated bookkeepers and accountants


Job description

Job Summary:

The Credit Analyst manages the full scope of collections for assigned accounts to ensure payment is received on a timely basis.

Job Duties:

  • Reviews past due accounts receivables daily for assigned accounts 
  • Manages collection activities, including, but not limited to, phone communications to customers to secure payment for assigned accounts and adjusting payment terms and/or schedules
  • Assesses and determines appropriate next steps in addressing delinquent accounts in an effort to establish a resolution involving satisfactory terms for all parties involved 
  • Documents the results of collection calls, and communicates progress of accounts to principals, engagement team and regional finance on a timely basis
  • Interacts with key members of firm and client management to resolve billing disputes and service issues
  • Reviews Dunn & Bradstreet reports to make a determination on accounts that require continued attention and focus due to poor credit history patterns with the firm and/or other vendors
  • Analyzes stagnant accounts, and determines the need for escalation to a Finance Manager or Director for further action
  • Utilizes firm best practices to implement process changes to rectify service issues, including, but not limited to, recommending changes to customer payment terms or developing billing schedules based on a client's cash flow
  • Other duties as required

Supervisory Responsibilities:

  • N/A

Qualifications, Knowledge, Skills and Abilities:

Education:

  • High School Diploma or equivalent, required 
  • Associate's or Bachelor's degree in Accounting, Business Administration, or Finance, preferred

Experience:

  • Two (2) or more years of credit / collections field experience, required
  • Prior commercial (B2B) collections experience, preferred
  • Professional services firm experience, preferred 

License/Certifications:

  • N/A

Software:

  • Proficient in the use of Microsoft Office Suite, required

Other Knowledge, Skills & Abilities:

  • Excellent verbal and written communication skills
  • Strong customer service skills
  • Basic negotiation skills 
  • Ability to work in a demanding environment 
  • Capable of effectively analyzing and resolving issues and questions in a professional manner
  • Ability to successfully manage multiple projects with an attention to detail while working independently
  • Knowledge of firm's collections procedures 

Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.

National Range:  $28.85/hr - $33.66/hr
Maryland Range:  $28.85/hr - $33.66/hr
NYC/Long Island/Westchester Range:  $28.85/hr - $33.66/hr
 

At BDO, how we show up matters. We build strong relationships by supporting one another, our clients, and our communities with care, curiosity, and a commitment to helping one another grow and succeed. Here, you'll find meaningful work, leaders invested in your success, and opportunities to build a career around what matters most to you.

Our purpose is to be the people our clients count on to grow with confidence and achieve what matters most. Our values guide how we bring that purpose to life each day. Together, they shape how we work with one another, serve our clients, and create meaningful impact.

BDO provides assurance, tax, and advisory services to clients across the U.S. and around the world. No matter your role, you'll be part of a team helping clients navigate complexity and move forward with clarity.

We are proud to be an ESOP company, offering participants a stake in the firm's success through beneficial ownership and a unique opportunity to enhance their financial well-being. As a qualified retirement plan, the ESOP is a meaningful addition to our comprehensive compensation and Total Rewards benefits* offerings. It also reinforces an ownership mindset that strengthens our connection to one another, our clients, and the future we're building together.

Learn more about our benefits: BDO Total Rewards encompass more than traditional benefits. Click here to find out more!

*Benefits may be subject to eligibility requirements.

Equal Opportunity Employer, including disability/vets
Click here to find out more!


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About BDO

Sourced by ZipRecruiter

At BDO, culture is the first order of business. We succeed when we cultivate a conscious and caring corporate culture that puts people at the center of everything we do. In essence, the business of our business is to help people thrive every day. This mindset powers our growth by supporting the development of our people, the success of our clients, and the betterment of our communities. It means taking an expansive view of what’s possible, and committing ourselves to achieving exceptional outcomes. At BDO, we are cultivating a culture where our professionals thrive in their work of providing middle market leaders with insight-driven perspectives and assurance, tax and advisory services, helping companies take business as usual to better than usual.

Industry

Administrative assistance services

Company size

10,000+ Employees

Headquarters location

Chicago, IL, US