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Business Risk Analyst Jobs in Michigan (NOW HIRING)

Risk Business Analyst III

Farmington Hills, MI · On-site

$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 ...

The Risk and Finance Analyst will play a critical role in supporting the operations and financial ... Proficiency in advanced Excel, financial analysis software, and business intelligence tools.

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Business Risk Analyst information

See Michigan salary details

$16

$37

$69

How much do business risk analyst jobs pay per hour?

As of Jun 18, 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 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 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.

How much do risk analysts get paid?

Risk analysts typically earn a median annual salary of around $70,000 to $90,000, depending on experience, education, and location. Entry-level positions may start lower, while experienced analysts with certifications like FRM or CFA can earn higher salaries, especially in financial or corporate sectors.

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 is the salary of risk analyst in JP Morgan?

The average salary for a Business Risk Analyst at JP Morgan typically ranges from $70,000 to $120,000 annually, depending on experience, location, and level of seniority. Entry-level positions may start lower, while experienced analysts or those in senior roles can earn higher compensation, often supplemented with bonuses and benefits.

Do risk analysts make good money?

Risk analysts typically earn a competitive salary that varies by industry, experience, and location. According to industry data, the median annual wage for risk analysts is around $80,000, with higher earnings possible for those with advanced certifications or specialized skills in financial or operational 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 does a risk business analyst do?

A risk business analyst evaluates potential risks that could impact an organization’s operations, finances, or reputation. They analyze data, identify vulnerabilities, and develop strategies to mitigate or manage risks, often using tools like risk assessment frameworks and reporting software. Their work supports informed decision-making and helps ensure compliance with regulations.
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:
Infographic showing various Business Risk Analyst job openings in Michigan as of June 2026, with employment types broken down into 87% Full Time, and 13% Contract. Highlights an 82% Physical, 7% Hybrid, and 11% Remote job distribution, with an average salary of $78,512 per year, or $37.7 per hour.
Sr. Cybersecurity Risk Analyst

Sr. Cybersecurity Risk Analyst

UFP Industries

Grand Rapids, MI

Full-time

Posted 9 days ago


UFP Industries rating

7.2

Company rating: 7.2 out of 10

Based on 83 frontline employees who took The Breakroom Quiz

330th of 518 rated manufacturers


Job description

Job Summary

The Sr. Cybersecurity Risk Analyst is responsible for leading and maturing the organization's cybersecurity risk management program. This role is accountable for identifying, assessing, and communicating cybersecurity risks across the enterprise, while driving alignment with regulatory requirements, including CMMC. The position will play a key role in building and maintaining the enterprise risk register, developing a third-party risk management program, and partnering with IT teams to establish and maintain secure standards and practices.

The ideal candidate combines strong analytical skills with practical experience in governance, risk, and compliance, and can translate technical risk into actionable business decisions.

Location: Onsite out of our Grand Rapids, MI office.

Work Authorization: Applicants must be currently authorized to work.

Principal Duties and Responsibilities

Risk Management and Governance

  • Lead the development and ongoing maintenance of the enterprise cybersecurity risk register, including risk identification, classification, ownership, and tracking.

  • Conduct and lead risk assessments for systems, applications, projects, and business initiatives.

  • Develop and implement risk management processes, methodologies, and reporting metrics.

  • Facilitate risk review sessions with business and IT stakeholders to ensure accountability and transparency.

  • Develop and track risk mitigation and remediation plans to closure.

Regulatory Compliance (CMMC and Related Frameworks)

  • Support and maintain the organization's CMMC compliance program, including control mapping, evidence collection, and audit readiness.

  • Partner with internal stakeholders (IT, Legal, HR, Plant Operations) to ensure alignment with CMMC and other regulatory requirements.

  • Assist in preparing documentation and responses for assessments, audits, and regulatory inquiries.

  • Monitor evolving compliance requirements and translate them into actionable internal controls.

Third-Party Risk Management

  • Develop and mature a third-party cybersecurity risk management program.

  • Conduct security risk assessments of vendors, SaaS providers, Software, and external partners.

  • Evaluate vendor security posture, shared responsibility models, and contractual security requirements.

  • Partner with procurement and legal teams to integrate security requirements into vendor onboarding and contracting processes.

Security Standards and IT Partnership

  • Collaborate with IT and engineering teams to develop, implement, and maintain cybersecurity standards and secure configuration baselines.

  • Ensure security requirements are embedded into system design, architecture, and operational processes.

  • Provide risk-based guidance on system hardening, segmentation, and control implementation.

  • Support the development of policies, standards, and procedures that are practical, enforceable, and auditable.

Reporting and Communication

  • Communicate risk findings, trends, and recommendations to technical and non-technical stakeholders, including leadership.

  • Develop reporting for executive audiences, including risk summaries, metrics, and program maturity updates.

  • Support audit committee and leadership reporting as needed.

Continuous Improvement

  • Stay current on cybersecurity threats, regulatory changes, and industry best practices.

  • Identify opportunities to improve risk visibility, coverage, and program efficiency.

  • Mentor junior analysts and contribute to the maturity of the GRC function.

Qualifications

Required

  • Bachelor's degree in Information Security, Computer Science, or related field (or equivalent experience).

  • 5+ years of experience in cybersecurity risk, governance, or compliance roles.

  • Experience building or maintaining a cybersecurity risk register and risk management processes.

  • Strong understanding of security frameworks (e.g., NIST, CMMC, ISO 27001).

  • Experience conducting third-party/vendor risk assessments.

  • Strong analytical, problem-solving, and risk evaluation skills.

  • Ability to translate technical risks into business impact.

  • Strong written and verbal communication skills.

Preferred

  • Experience supporting CMMC assessments or similar regulatory compliance programs.

  • Familiarity with manufacturing or operational technology (OT) environments.

  • Experience developing security standards or working closely with infrastructure and engineering teams.

  • Professional certifications such as CISSP, CISM, CRISC, or similar.


The Company is an Equal Opportunity Employer.




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About UFP Industries

Sourced by ZipRecruiter

Universal Forest Products, Inc., is a U.S.-based global corporation that finds reward in its roots and its hard-earned success. Founded in 1955 as a supplier of lumber to the manufactured housing industry, Universal today is a multibillion-dollar holding company with subsidiaries around the globe that serve three robust markets: retail, industrial and construction. Since 1993, Universal has been publicly traded (Nasdaq: UFPI). We re headquartered in Grand Rapids, Michigan.

Industry

Wood product manufacturing

Company size

10,000+ Employees

Headquarters location

Grand Rapids, MI, US

Year founded

1955

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