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Credit Assistant Jobs in Michigan (NOW HIRING)

Fifth Third Bank

Commercial Credit Analyst

Detroit, MI · On-site

The Credit Analyst is primarily responsible for completing the daily duties of underwriting and ... May assist with training and onboarding of new employees * May support special projects or ad hoc ...

Fifth Third

Commercial Credit Analyst

Detroit, MI · On-site

The Credit Analyst is primarily responsible for completing the daily duties of underwriting and ... May assist with training and onboarding of new employees * May support special projects or ad hoc ...

Eaton

Senior Credit Analyst

Galesburg, MI · On-site

$84K - $123K/yr

As a Senior Credit Analyst, this role will be responsible for performing the daily invoice ... To request a disability-related reasonable accommodation to assist you in your job search ...

New

TBA Credit Union

Executive Assistant

Traverse City, MI · On-site

$24 - $33/hr

Executive Assistant The primary purpose of this position is to assist TBACU to live out its mission ... Promote and model the credit union's mission, core values, culture, and service expectations ...

Edwards Garment

Customer Credit Representative

Kalamazoo, MI

$14.50 - $19.50/hr

See below for complete The position of Customer Credit Representative is critical to assist in making prudent credit decisions while providing accurate, courteous and timely customer service. It is ...

Edwards Garment

Customer Credit Representative

Kalamazoo, MI · On-site

$14.50 - $19.50/hr

See below for complete The position of Customer Credit Representative is critical to assist in making prudent credit decisions while providing accurate, courteous and timely customer service. It is ...

Straits Area Fed Credit Union

Loan Assistant

Cheboygan, MI · On-site

$32K - $40K/yr

Why join Straits Area Federal Credit Union? Here at SAFCU, we take pride in giving our members the ... Duties of a loan assistant * Title tracking * Processing checks and balance bills with general ...

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Credit Assistant information

See Michigan salary details

$11

$17

$22

How much do credit assistant jobs pay per hour?

As of Aug 17, 2026, the average hourly pay for credit assistant in Michigan is $17.81, according to ZipRecruiter salary data. Most workers in this role earn between $15.91 and $19.47 per hour, depending on experience, location, and employer.

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

To thrive as a Credit Assistant, you need a solid understanding of credit principles, attention to detail, and skills in financial data analysis, usually supported by a high school diploma or associate’s degree in finance or a related field. Familiarity with credit management software, databases, and proficiency in Microsoft Excel are commonly required, and some employers may prefer candidates with certifications like NACM's Credit Business Associate (CBA). Strong organizational skills, effective communication, and the ability to multitask make someone stand out in this position. These abilities are crucial for accurately processing credit applications, minimizing risk, and supporting the credit team’s efficiency.

How does a credit assistant typically collaborate with other departments within a company?

As a Credit Assistant, you’ll often work closely with teams such as sales, accounts receivable, and customer service to ensure smooth credit processing and timely payments. You may coordinate with sales to verify customer orders and payment terms, assist accounts receivable with tracking outstanding balances, and communicate with customer service regarding credit holds or disputes. This collaborative environment helps maintain accurate financial records and supports positive client relationships, making strong communication skills essential in this role.

What is a credit assistant?

Credit Assistants are professionals who support credit departments in financial institutions or companies by processing credit applications, conducting basic financial analysis, and assisting with the management of credit accounts. They help gather and verify customer information, prepare reports, and communicate with clients or internal teams regarding credit decisions. This role is essential for ensuring that the credit approval process runs smoothly and that records are accurate and up to date.

How much does a credit assistant make?

A credit assistant typically earns between $35,000 and $50,000 annually, depending on experience, location, and the size of the employer. They often work in office environments, using software like spreadsheets and credit management systems, and may require basic financial or credit-related certifications.

What is the difference between Credit Assistant vs Accounts Payable Clerk?

AspectCredit AssistantAccounts Payable Clerk
Primary RoleAssists with credit evaluations, manages customer credit accounts, and supports credit approval processes.Processes vendor invoices, manages payments, and maintains accounts payable records.
Required SkillsCredit analysis, customer service, data entry, attention to detail.Invoice processing, bookkeeping, attention to detail, organizational skills.
CertificationsGenerally no formal certification required; familiarity with credit management helpful.Bookkeeping or accounting certifications beneficial but not mandatory.
Work EnvironmentOffice setting, finance or accounting departments.Office setting, finance or accounting departments.

While both roles support financial operations, a Credit Assistant focuses on credit management and customer accounts, whereas an Accounts Payable Clerk handles vendor payments and invoice processing. Understanding these differences helps in choosing the right career path or job search focus within finance and accounting roles.

What are the most commonly searched types of Credit jobs in Michigan?

The most popular types of Credit jobs in Michigan are:

What cities in Michigan are hiring for Credit Assistant jobs?

Cities in Michigan with the most Credit Assistant job openings:

Credit Assistant jobs near you
Infographic showing various Credit Assistant job openings in Michigan as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 19% Part Time, 2% Temporary, and 3% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $37,044 per year, or $17.8 per hour.

Commercial Credit Analyst

Fifth Third Bank

Detroit, MI • On-site

Full-time

Posted 18 days ago

Fifth Third Bank rating

7.5

Company rating: 7.5 out of 10

Based on 113 frontline employees who took The Breakroom Quiz

104th of 171 rated banks

Job description

Make banking a Fifth Third better®
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.
GENERAL FUNCTION:
The Credit Analyst is primarily responsible for completing the daily duties of underwriting and monitoring credit while performing analytical activities and identifying risks or issues as needed. In addition, a Credit Analyst drafts credit approval documents and review memos for loans and other ancillary products. documents and prepare for credit reviews. The Credit Analyst is knowledgeable on financial and risk analysis and demonstrates proficiency in financial modeling.
The Credit Analyst is expected to build proficiency in underwriting, developing the ability to complete the underwriting process from beginning to end with limited oversight on increasingly complex credits. Additionally, the Credit Analyst will attend and support Portfolio Reviews as needed.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. 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:
  • Responsible for proactively monitoring Credit Excellence and initiating collection of financial statements for upcoming renewals and periodic reviews.

  • Prepare succinct credit approval memos with minimal errors, including company and industry descriptions, key credit risks, historical analysis, base and downside case projection assumptions/rationale and terms and conditions.

  • Complete ongoing portfolio monitoring, including covenant tracking, financial statement reviews, and run risk rating models.

  • Identify and determine monitoring analysis activities required

  • Verify covenants and define updates needed on ticklers

  • Monitor covenant completion and track past due or out of compliance covenants and recommend appropriate course of action

  • Responsible for understanding and evaluating completed spreads to determine necessary edits working in collaboration with the CCU teamworks to identify and resolve required edits or corrections

  • Generate and provide various pipeline and portfolio reporting as needed to credit leadership, portfolio managers, underwriters, relationship managers and others as needed.

  • Prepare Criticized Period Reviews reports with oversight

  • Responsible for running projection models with assumptions provided

  • Responsible for completing underwriting process with limited oversight

  • Prepares portfolio analysis and Portfolio Review materials

  • Ensure accuracy, integrity, and timeliness of credit data across internal systems and reports

  • Take appropriate action to resolve data, documentation, or analysis deficiencies and escalate questions to the appropriate level

  • Identify emerging risks or negative trends and escalate appropriately.

  • Maintain a working knowledge of Bancorp credit policies, guidelines and procedures.

  • Perform Borrowing Entity PD Ratings and Obligation LGD Ratings.

  • May assist with training and onboarding of new employees

  • May support special projects or ad hoc analysis as assigned by management

SUPERVISORY RESPONSIBILITY:
None
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
  • Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting)

  • 2+ years of Commercial Banking experience.

  • Sound Financial and risk analysis understanding, including the ability to develop financial models

  • Extensive Knowledge of banking products and services

  • Knowledge of corporate business structure and legal documents

  • General knowledge of U.S. government and regulation

  • Proficiency in internal banking applications

  • Strong verbal and written communication skills

  • Demonstrated strong problem-solving and analytical skills, with the ability to manage and prioritize multiple tasks while maintaining close attention to detail.

  • Proficient in all Microsoft Office software

Commercial Credit Analyst
At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.
The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.
Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.
LOCATION -- Detroit, Michigan 48226
Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

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About Fifth Third Bank

Sourced by ZipRecruiter

Fifth Third Bank, National Association established in 1858, is a diversified financial services company headquartered in Cincinnati, Ohio. Fifth Third is among the largest money managers in the Midwest. It operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Cincinnati, OH, US

Year founded

1858

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