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Business Risk Analyst Jobs in Michigan (NOW HIRING)

First National Bank of America

Risk Analyst

East Lansing, MI

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

The Risk Analyst role requires above-average attention to detail, a strong commitment to accuracy ... Maintaining contracts, business continuity plans, insurance certificates, audit reports, and other ...

First National Bank of America

Risk Analyst

East Lansing, MI · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

The Risk Analyst role requires above-average attention to detail, a strong commitment to accuracy ... Maintaining contracts, business continuity plans, insurance certificates, audit reports, and other ...

Fifth Third

Risk Business Analyst III

Farmington Hills, MI

$43 - $59.25/hr

Functions as a team member in the analysis of business and user needs and the implementation of appropriate technology applications. Responsible and accountable for risk by openly exchanging ideas ...

Td

Risk Manager I (US)

Southfield, MI · On-site

$91K - $136K/yr

  • Medical

  • Retirement

  • PTO

The Risk Manager I investigates, creates, implements and validates various risk segmentation strategies and policies using complex data, advanced analytical approach, and business intelligence tools.

Td

Risk Manager II (US)

Southfield, MI · On-site

$115K - $173K/yr

  • Medical

  • Retirement

  • PTO

... consolidate business impact analyses related to model or strategy changes, and communicate key findings to the management team. Depth & Scope: * Performs functions noted for Risk Manager I

Saanvi Technologies

GRC Analyst

Southfield, MI · On-site

The role partners closely with IT leadership, business stakeholders, and third-party vendors to ... Key Responsibilities Security Risk Management * Support the CISO with annual and periodic security ...

Advantasure, Inc.

Compliance Senior Analyst

Detroit, MI · On-site

Analyze and develop documentation to support regulatory changes and departmental policies and ... Provide support and recommendations for privacy investigations to mitigate business risk. * Develop ...

Posted today

Acrisure

GRC, Vulnerability Management Analyst

Grand Rapids, MI · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Evaluate business and technical justifications for remediation extensions and risk acceptance ... Analyze vulnerability trends, recurring findings, and remediation performance across business units ...

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All JobsBusiness Risk Analyst JobsBusiness Risk Analyst Jobs in Michigan

Business Risk Analyst information

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How much do business risk analyst jobs pay per hour?

As of Aug 19, 2026, the average hourly pay for business risk analyst in Michigan is $37.75, according to ZipRecruiter salary data. Most workers in this role earn between $27.45 and $46.30 per hour, depending on experience, location, and employer.

What is a business risk analyst?

A Business Risk Analyst is a professional who identifies, assesses, and helps manage risks that could affect a company's financial health or operations. They analyze data, industry trends, and internal processes to pinpoint potential threats and recommend strategies to mitigate them. Their work helps organizations make informed decisions, comply with regulations, and safeguard assets against potential losses. Business Risk Analysts often collaborate with various departments to ensure comprehensive risk management across the business.

What are some common challenges a business risk analyst faces when assessing risks across multiple departments?

A Business Risk Analyst often encounters the challenge of gathering consistent and comprehensive data from various departments, each with its own processes and risk perspectives. Coordinating across teams to identify, quantify, and prioritize risks requires strong communication and negotiation skills. Additionally, ensuring that risk mitigation strategies are both practical and aligned with organizational goals can be complex, especially in rapidly changing business environments. Frequent collaboration and adaptability are key to overcoming these challenges and ensuring effective risk management.

What are the key skills and qualifications needed to thrive as a business risk analyst, and why are they important?

To thrive as a Business Risk Analyst, you need strong analytical skills, a solid understanding of risk management principles, and typically a degree in finance, business, or a related field. Familiarity with risk assessment software, data analysis tools like Excel or SQL, and relevant certifications such as FRM or CRM are commonly required. Excellent problem-solving abilities, attention to detail, and effective communication help you stand out in this role. These skills and qualities are essential for accurately identifying, assessing, and mitigating risks to support sound business decision-making.

What is the difference between Business Risk Analyst vs Credit Analyst?

AspectBusiness Risk AnalystCredit Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; certifications like FRM or CRMBachelor's degree in finance, accounting, or related; certifications like CFA or credit-specific courses
Work EnvironmentCorporate offices, consulting firms, financial institutionsBanks, lending institutions, financial services
Employer & Industry UsageUsed across industries to assess overall business risksPrimarily in banking and lending sectors to evaluate creditworthiness

The main difference is that Business Risk Analysts focus on assessing overall risks facing a business, including market, operational, and strategic risks, while Credit Analysts specifically evaluate the creditworthiness of individuals or companies to determine loan eligibility. Both roles require similar financial knowledge and certifications but serve different purposes within financial and business risk management.

Do business risk analysts make good money?

Business risk analysts typically earn a competitive salary that varies by industry and experience level, with median annual wages often exceeding national averages for similar roles. Professionals in this field with certifications like CRC or FRM and strong analytical skills can increase their earning potential. Salaries generally range from $60,000 to over $100,000 annually, depending on location and employer size.

How much do business risk analysts get paid?

Business risk analysts typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications can earn over $100,000 annually.

What are popular job titles related to Business Risk Analyst jobs in Michigan?

For Business Risk Analyst jobs in Michigan, the most frequently searched job titles are:

What job categories do people searching Business Risk Analyst jobs in Michigan look for?

The top searched job categories for Business Risk Analyst jobs in Michigan are:

What are popular job titles related to Business Risk Analyst jobs in MI?

For Business Risk Analyst jobs in MI, the most frequently searched job titles are:

Business Risk Analyst jobs near you
Infographic showing various Business Risk Analyst job openings in Michigan as of August 2026, with employment types broken down into 80% Full Time, 14% Part Time, 2% Temporary, 3% Contract, and 1% Nights. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $78,512 per year, or $37.7 per hour.

Risk Analyst

First National Bank of America

East Lansing, MI

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 14 days ago

Job description

First National Bank of America has an opening for an investigative and detail-oriented Risk Analyst to join the Risk Management team. This position will focus on evaluating and risk-rating third parties to identify, assess, and monitor potential risks. The Risk Analyst role requires above-average attention to detail, a strong commitment to accuracy, and the ability to complete tasks on time. If you have a keen eye for detail, excellent analytical skills, and a passion for implementing robust risk management practices, we encourage you to apply.

Responsibilities:

  • Evaluating and risk-rating third parties in a manner that meets regulatory requirements and provides meaningful risk information to the business units that rely on those third parties
  • Maintaining contracts, business continuity plans, insurance certificates, audit reports, and other documentation for each third party
  • Producing quarterly reports for the Board of Directors regarding third-party onboarding, terminations, and significant events
  • Improving and maintaining the management information system that houses third-party information
  • Collaborating with business units and teammates to map vendor products and services to bank processes
  • Identifying and escalating emerging risks, such as those related to artificial intelligence or single points of failure

Qualifications:

  • Database Management and Record Management experience
  • Familiarity with Microsoft Excel pivot tables and formulas
  • Proven ability to communicate and collaborate with all levels within an organization through both verbal and written channels
  • Strong attention to detail and organization skills

Employee benefits

  • Medical - Multiple plans to choose from including HSA and traditional. Premiums as low as $0.00
  • Dental - Premiums as low as $0.00
  • Vision - Low premium Plan
  • Discounted childcare
  • Pet Insurance
  • Paid Time Off (PTO)
  • 401k with employer match
  • Adjustable desks that can be raised or lowered to sit or stand

Apply