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Contract Credit Analyst Jobs in Michigan (NOW HIRING)

... contract documents. • Knowledge of financial markets, accounting principles, and credit risk ... analysis experience • Preferred familiarity with Baker Hill, Abrigo or other LOS software ...

New

SENIOR CREDIT ANALYST Commercial Alliance provides a comprehensive suite of lending services ... and other contract documents. * Knowledge of loan structuring, financial markets, accounting ...

Ability to read, analyze, and interpret policies, contracts, credit and financial documents as well as other legal documents as needed. * Ability to make effective presentations on complex topics to ...

Ability to read, analyze, and interpret policies, contracts, credit and financial documents as well as other legal documents as needed. * Ability to make effective presentations on complex topics to ...

... contracts, policy, or technical/industry specific formats and/or content. * Ability to analyze ... Credit * Collections or * Customer service (preferably in a call center environment) * Microsoft ...

Analyst, Collections

Ann Arbor, MI · On-site

$60K - $103K/yr

Coordinate with internal stakeholders to address invoice, pricing, tax, shipping, or contract ... Recommend credit holds, order blocks, or management escalation when necessary. * Partner with ...

Analyst, Collections

Ann Arbor, MI · Hybrid

$60K - $103K/yr

Coordinate with internal stakeholders to address invoice, pricing, tax, shipping, or contract ... Recommend credit holds, order blocks, or management escalation when necessary. * Partner with ...

Analyst, Collections

Ann Arbor, MI · Hybrid

$60K - $103K/yr

Coordinate with internal stakeholders to address invoice, pricing, tax, shipping, or contract ... Recommend credit holds, order blocks, or management escalation when necessary. * Partner with ...

Analyst, Collections

Ann Arbor, MI · On-site

$60K - $103K/yr

Coordinate with internal stakeholders to address invoice, pricing, tax, shipping, or contract ... Recommend credit holds, order blocks, or management escalation when necessary. * Partner with ...

Analyst, Collections

Ann Arbor, MI · Hybrid

$60K - $103K/yr

Coordinate with internal stakeholders to address invoice, pricing, tax, shipping, or contract ... Recommend credit holds, order blocks, or management escalation when necessary. * Partner with ...

You will receive credit for all qualifying experience, including volunteer experience. Your resume ... analysis; and monitoring contractor's performance. This definition of specialized experience is ...

Analyst, Collections

Ann Arbor, MI · On-site

$60.70 - $103.20/hr

Coordinate with internal stakeholders to address invoice, pricing, tax, shipping, or contract ... Partner with Credit Analysts on customer financial reviews and risk assessments. * Dispute ...

Strategic Sourcing Analyst

Dearborn, MI · On-site

$74.30 - $166.20/hr

Ford Motor Credit Company is seeking a highly analytical and collaborative Strategic Sourcing ... Experience in contract development, including service contracts, Statements of Work (SOWs), Service ...

Ford Motor Credit Company is seeking a highly analytical and collaborative Strategic Sourcing ... Experience in contract development, including service contracts, Statements of Work (SOWs), Service ...

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Contract Credit Analyst information

What is a contract credit analyst?

Contract Credit Analysts are financial professionals who are hired on a temporary or project basis to assess the creditworthiness of individuals or organizations. They review financial statements, credit data, and economic trends to recommend whether to extend credit or loans. Their role often involves preparing reports, analyzing risk, and helping businesses make informed lending decisions. Contract positions allow companies to bring in specialized expertise for short-term needs or particular projects without committing to permanent hires.

What are some typical challenges a contract credit analyst might face when joining a new organization?

As a Contract Credit Analyst, you may encounter challenges such as quickly adapting to new credit policies, learning unfamiliar financial systems, and understanding the risk appetite of the organization. Since contract roles often require immediate productivity, there may be limited time for onboarding and training. Building relationships with key stakeholders in finance, sales, and risk departments is crucial for effective collaboration and successful analysis. Being proactive and asking clarifying questions can help you acclimate faster and deliver accurate, timely credit assessments.

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

To thrive as a Contract Credit Analyst, you need a solid understanding of financial analysis, risk assessment, and credit principles, often supported by a degree in finance, accounting, or a related field. Familiarity with financial modeling software, credit rating systems, and spreadsheet tools like Excel is typically required, and certifications such as CFA or CPA can be advantageous. Strong analytical thinking, attention to detail, and effective communication skills help you interpret data and present findings clearly to stakeholders. These skills are crucial for accurately evaluating creditworthiness, minimizing risk, and supporting sound financial decisions for organizations.

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

AspectContract Credit AnalystCredit Analyst
CredentialsTypically requires a bachelor's degree in finance, accounting, or related field; certifications like CFA or CPA are a plusSimilar credential requirements; certifications like CFA or CPA are common
Work EnvironmentOften temporary or project-based roles, working with financial institutions or corporationsFull-time positions in banks, financial firms, or corporate finance departments
Employer & Industry UsageUsed by companies needing short-term credit analysis supportWidely used across banking, finance, and corporate sectors for ongoing credit assessment
Comparison Search IntentCommonly compared for project-based vs permanent roles in credit analysis

In summary, a Contract Credit Analyst typically works on temporary projects requiring similar skills and credentials as a Credit Analyst but in a short-term capacity. Both roles involve assessing creditworthiness, but the contract position offers more flexibility and project-based work, while the Credit Analyst role is usually permanent with ongoing responsibilities.

Are contract credit analysts paid well?

Contract credit analysts typically earn competitive wages that vary based on experience, location, and industry. They often receive additional benefits such as performance bonuses and opportunities for skill development in financial analysis and credit risk assessment.

How much is the salary of a contract credit analyst?

The salary of a contract credit analyst typically ranges from $20 to $40 per hour, depending on experience, location, and the complexity of the role. Contract positions may also include benefits such as flexible schedules and project-based work.

Is a contract credit analyst a stressful job?

A contract credit analyst's job can be stressful due to the need for accuracy in assessing credit risk, meeting deadlines, and managing large volumes of financial data. The role often requires attention to detail, analytical skills, and the ability to work under pressure, especially during busy periods or when making critical credit decisions.

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 Contract Credit Analyst jobs in Michigan?

For Contract Credit Analyst jobs in Michigan, the most frequently searched job titles are:

What job categories do people searching Contract Credit Analyst jobs in Michigan look for?

The top searched job categories for Contract Credit Analyst jobs in Michigan are:

What cities in Michigan are hiring for Contract Credit Analyst jobs?

Cities in Michigan with the most Contract Credit Analyst job openings:

Commercial Credit Analyst

Commercial Alliance

Troy, MI • Hybrid

Full-time

Posted 3 days ago

New


Key responsibilities

  • Assess the creditworthiness of individuals and businesses by analyzing financial statements, credit reports, and collateral evaluations.

  • Evaluate risk factors and prepare credit memo write-ups to support credit decisions.

  • Monitor the financial performance and covenant compliance of existing loans, identify potential risks, and recommend appropriate actions.


Job description

CREDIT ANALYST
Commercial Alliance provides a comprehensive suite of lending services designed to help credit unions succeed with business members across six states. We are looking for an enthusiastic, self-motivated professional to assist with Credit.

As a Credit Analyst, you will be responsible for assessing the credit worthiness of individuals and
businesses seeking loans or credit lines. You will analyze financial data, evaluate risk factors, prepare credit memo write-ups, and provide recommendations regarding credit decisions. You will also review existing loans for financial performance and compliance with covenants and reassess risk ratings.
This is a hybrid position based in either Troy, Michigan, or Loveland, Ohio.

ESSENTIAL DUTIES AND RESPONSIBILITIES:
• Spread, review, and analyze financial statements, credit reports, collateral evaluations, and
other relevant financial information of prospective borrowers. Prepare and underwrite credit
presentations for recommendation.
• Receive direction from Credit Manager as to reviewing new loan deal packages.
• Evaluate the risk associated with extending credit to individuals or businesses based on factors
such as income, debt levels, payment history, and market conditions.
• Ensure compliance with company credit policies and procedures when evaluating credit
applications.
• Monitor the performance of existing credits, evaluate financial performance and covenant
compliance, identify potential risks, and recommend appropriate actions per policy.
• Stay informed about industry trends, economic indicators, and regulatory changes that may
impact credit risk.
• SBA underwriting or assistance with SBA programs or SBA packaging as LSP.
• Perform other duties as assigned.

QUALIFICATIONS:
• Bachelor’s degree in finance, accounting, economics, a related field, or equivalent related
experience
• Previous experience in credit analysis, financial analysis, or risk management
• Strong analytical skills with the ability to interpret financial data, lease agreements, and other
contract documents.
• Knowledge of financial markets, accounting principles, and credit risk assessment techniques.
• Excellent communication and interpersonal skills.
• Attention to detail and ability to work independently.
• Familiarity with regulatory requirements and industry best practices in credit risk management
preferred.
• Conversant with intermediate level accounting principals (cash/accrual basis, cost, and contractor),
lending experience helpful.
• Knowledge of and ability to read, interpret and draw accurate conclusions from financial and
numerical material.
• Ability to manage multiple concurrent objectives, projects, groups, or activities, making effective
judgments as to priority and time allocation.
• Proficiency in Microsoft Office applications Outlook, Teams, Excel, Word, PowerPoint
• Preferred 2+ years commercial credit analysis experience
• Preferred familiarity with Baker Hill, Abrigo or other LOS software
Commercial Alliance offers exciting and challenging opportunities to work in a dynamic, collaborative, and innovative environment.. As a part of our team you'll enjoy our competitive salary and benefits packages. You'll also encounter exciting opportunities for both professional and personal growth, along with recognition and valuable experiences.
If you are a strategic thinker with a passion for delivering exceptional products and working in a fast-paced environment, we would love to hear from you. Apply today to join our team!