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Bank Risk Management Jobs in Michigan (NOW HIRING)

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI · On-site

... the bank's credit portfolio. This position leads credit underwriting, approval, and portfolio ... Key Responsibilities Credit Risk Management & Underwriting * Oversee credit underwriting and ...

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI

... the bank's credit portfolio. This position leads credit underwriting, approval, and portfolio ... Key Responsibilities Credit Risk Management & Underwriting * Oversee credit underwriting and ...

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI · On-site

... the bank's credit portfolio. This position leads credit underwriting, approval, and portfolio ... Key Responsibilities Credit Risk Management & Underwriting * Oversee credit underwriting and ...

Fifth Third Bank

Trust Tax Manager

Grand Rapids, MI · On-site

$106K - $139K/yr

While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. ESSENTIAL DUTIES AND RESPONSIBILITIES:

Deloitte

Financial Risk Manager

Detroit, MI

Market and interest rate risk management practices (e.g., interest rate risk in the banking book ... IRRBB) measurement, sensitivities/scenario analysis, model validation support, limit frameworks ...

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Bank Risk Management information

See Michigan salary details

$44.9K

$97.2K

$148.2K

How much do bank risk management jobs pay per year?

As of Jun 29, 2026, the average yearly pay for bank risk management in Michigan is $97,232.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,400.00 and $112,400.00 per year, depending on experience, location, and employer.

What does a risk manager do in a bank?

A risk manager in a bank identifies, assesses, and monitors financial and operational risks to minimize potential losses. They develop risk management strategies, ensure compliance with regulations, and use tools like risk assessment models and data analysis to support decision-making.

How much does Goldman Sachs pay risk management?

Risk management professionals at Goldman Sachs typically earn a base salary ranging from $80,000 to over $150,000 annually, depending on experience and seniority. Bonuses and incentives can significantly increase total compensation, especially for those with specialized skills or certifications like FRM or CFA. Compensation varies by location and role complexity within the firm.

What does a risk management officer do in a bank?

A risk management officer in a bank assesses and monitors financial risks such as credit, market, and operational risks to ensure the bank's stability. They develop risk mitigation strategies, analyze data using specialized tools, and ensure compliance with regulatory standards to protect the bank's assets and reputation.

What are some common challenges faced in a Bank Risk Management role?

One of the primary challenges in Bank Risk Management is staying updated with constantly evolving regulatory requirements and ensuring the bank's practices remain compliant. Additionally, professionals in this field must analyze complex financial data to anticipate and mitigate potential risks, which requires accuracy and keen attention to detail. Collaboration with other departments, such as credit, compliance, and operations teams, is frequent and essential for gathering information and implementing risk strategies. Successfully navigating these challenges improves organizational resilience and protects the bank's financial stability.

What are the key skills and qualifications needed to thrive in the Bank Risk Management position, and why are they important?

To thrive in Bank Risk Management, you generally need strong analytical skills, knowledge of finance and banking regulations, and a degree in finance, economics, or a related field. Familiarity with risk assessment tools, statistical software (such as SAS or R), and certifications like FRM (Financial Risk Manager) or CFA are highly valued. Excellent communication, critical thinking, and problem-solving abilities are important soft skills for interpreting data and presenting recommendations to stakeholders. These capabilities are essential for identifying, assessing, and mitigating risks that could impact the financial health and regulatory compliance of the bank.

Is risk management high paying?

Risk management professionals in banking often earn competitive salaries, especially with experience and certifications such as FRM or CFA. Salaries can vary based on the level of responsibility, location, and the size of the institution, but generally, risk management roles are considered well-compensated within the finance industry.

What is a Bank Risk Management job?

A Bank Risk Management job involves identifying, assessing, and mitigating financial risks that could impact a bank's operations and stability. Professionals in this role analyze credit, market, operational, and regulatory risks to ensure the bank complies with industry standards and maintains financial security. They develop risk models, monitor exposure, and implement strategies to minimize potential losses. Strong analytical skills, regulatory knowledge, and financial expertise are essential for this role.

What are the most commonly searched types of Bank Risk Management jobs in Michigan? The most popular types of Bank Risk Management jobs in Michigan are:
What are popular job titles related to Bank Risk Management jobs in Michigan? For Bank Risk Management jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Bank Risk Management jobs in Michigan look for? The top searched job categories for Bank Risk Management jobs in Michigan are:
What cities in Michigan are hiring for Bank Risk Management jobs? Cities in Michigan with the most Bank Risk Management job openings:
Bank Risk Management jobs near you
Infographic showing various Bank Risk Management job openings in Michigan as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $97,232 per year, or $46.7 per hour.
Credit Manager

Credit Manager

Bank of Ann Arbor

Ann Arbor, MI • On-site

Full-time

Posted 24 days ago

Key responsibilities

  • Oversee credit underwriting and approval processes across all assigned portfolios, ensuring high-quality credit analysis and adherence to policy and regulatory guidance.

  • Monitor and assess overall portfolio performance, lead periodic and annual credit reviews, and identify and escalate emerging credit risks to support risk mitigation strategies.

  • Provide leadership, coaching, and direction to credit analysts and support staff, and partner with internal teams to support prudent growth and maintain credit quality.

Job description

Job Type
Full-time
Description
Position Overview
The Credit Manager plays a central role in maintaining the safety and soundness of the bank's credit portfolio. This position leads credit underwriting, approval, and portfolio oversight across commercial, commercial real estate, and private banking relationships.
The role blends strong technical expertise with decisive, results-oriented leadership-ensuring credit decisions align with the bank's appetite, regulatory expectations, and growth objectives, while fostering accountability, collaboration, and disciplined execution across lending and risk functions. At times, there could be periods of work induced stress and extended hours.
Key Responsibilities
Credit Risk Management & Underwriting
  • Oversee credit underwriting and approval processes across all assigned portfolios.
  • Approve loans within delegated authority; escalate as appropriate to Senior Management or Loan Committees, including the Board of Directors.
  • Ensure high-quality credit analysis, including financial, cash flow, collateral, and guarantor evaluation.
  • Apply credit policy and regulatory guidance consistently across all decisions.

Portfolio Oversight & Risk Monitoring
  • Monitor and assess overall portfolio performance, including covenant compliance, policy exceptions, and emerging risk trends
  • Lead periodic and annual credit reviews to validate risk ratings, loan structure, guarantor support, and overall credit quality
  • Oversee the real estate appraisal and appraisal review process to ensure compliance and sound collateral valuation
  • Identify, analyze, and escalate emerging credit risks, supporting timely and well-informed risk mitigation strategies
  • Serve as a trusted advisor to the Chief Credit Officer by providing proactive insight into developing risks, complex credits, and trends that may adversely impact portfolio performance
  • Support the development and execution of portfolio strategies to maintain credit quality and align with the bank's risk appetite

Problem Loan & Risk Mitigation
  • Partner with Special Assets and lending teams on problem loan identification and resolution strategies
  • Support credit actions including modifications, downgrades, and exit strategies
  • Drive timely resolution of credit issues through disciplined follow-through and accountability

Leadership & Collaboration
  • Partner closely with relationship managers, loan operations, compliance, and finance to support prudent growth
  • Coach and develop credit analysts, ensuring strong analytical standards, sound judgment, and consistent execution
  • Provide clear direction on complex transactions and structuring considerations
  • Foster an environment of constructive dialogue by respectfully challenging assumptions and encouraging balanced, well-supported credit decisions

Reporting & Governance
  • Oversee the preparation of reports on portfolio trends, risk metrics, and exception reporting to senior management and committees
  • Support internal audits, loan review, and regulatory examinations with timely and accurate information
  • Recommend enhancements to credit policy, processes, and underwriting standards

Requirements
Education & Experience
  • Bachelor's degree in Finance, Accounting, Economics, or related field required; advanced degree preferred.
  • 7+ years of progressive commercial credit experience, including underwriting and portfolio management.
  • Strong experience analyzing complex financials, global cash flow, collateral structures, and guarantor support.
  • Solid understanding of commercial lending structures, risk rating systems, and loan policy governance.
  • Knowledge of applicable banking regulations and supervisory expectations.
  • Prior leadership or mentoring experience preferred.
  • Artificial Intelligence (Ai) experience preferred.

Skills & Competencies
  • Strong credit judgment and risk assessment, with the ability to balance risk and growth objectives
  • Advanced financial analysis and problem-solving skills with a practical, solutions-oriented mindset
  • Willingness to respectfully challenge others and engage in constructive conflict to arrive at the best credit decision
  • Confidence to form, articulate, and advocate for well-reasoned viewpoints
  • Results-oriented with a strong sense of ownership and accountability
  • Ability to make sound, timely decisions within authority limits and drive issues through to resolution
  • Clear, confident and persuasive written and verbal communication skills
  • Comfortable operating in a fast-paced environment with multiple competing priorities
  • Demonstrated ability to influence, guide, and align others toward a defined outcome
  • Strong interpersonal skills with the ability to build trust, and foster collaboration across functions
  • High level of professional maturity, objectivity, and sound judgment

Leadership Responsibilities
  • Provide day-to-day direction, coaching, and quality oversight to credit analysts and support staff including workflow prioritization, performance feedback, and team development.
  • Clearly communicate expectations, establish priorities, and hold team members accountable for results and quality standards
  • Lead with a proactive, action-oriented approach that drives execution and ensures work is completed effectively and on time
  • Serve as a role model for professionalism, sound judgment, and constructive engagement across the organization
  • Lead by example in supporting the bank's commitment to community engagement by actively participating in and promoting community service initiatives and fostering a culture that reflects the values and visibility expected of a community banking organization.

Physical Demands and Work Environment:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodation may be made to enable individuals with disabilities to perform the functions.
While performing the duties of this position, the employee is regularly required to talk or hear. The employee frequently is required to use hands or fingers, handle, or feel objects, tools or controls. The employee is occasionally required to stand; walk; sit; reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl.
The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus.
The noise level in the work environment is usually moderate.

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