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Credit Collection Analyst Jobs in Michigan (NOW HIRING)

First Merchants Bank

Credit Analyst I

Royal Oak, MI · On-site

This position will perform credit analysis, underwriting and monitoring of the commercial loan ... Our Team: "We are a collection of dynamic colleagues with diverse experiences and perspectives who ...

First Merchant's Bank

Credit Analyst I

Royal Oak, MI · On-site

This position will perform credit analysis, underwriting and monitoring of the commercial loan ... Our Team: "We are a collection of dynamic colleagues with diverse experiences and perspectives who ...

First Merchants Corporation

Credit Analyst I

Royal Oak, MI · On-site

$55 - $75/hr

This position will perform credit analysis, underwriting and monitoring of the commercial loan ... Our Team: \"We are a collection of dynamic colleagues with diverse experiences and perspectives who ...

New

Crystal Flash

Credit Specialist

Grand Rapids, MI · On-site

Identify troubled accounts and work with Credit Managers to perform collection activities such ... Skilled in collecting, analyzing, interpreting, and evaluating varied information and data.

BDO

Credit Analyst (B2B Collections)

Grand Rapids, MI · On-site

$28.85 - $33.66/hr

Job Summary: The Credit Analyst manages the full scope of collections for assigned accounts to ... Manages collection activities, including, but not limited to, phone communications to customers to ...

BDO USA

Credit Analyst (B2B Collections)

Grand Rapids, MI · On-site

$28.85 - $33.66/hr

Job Summary: The Credit Analyst manages the full scope of collections for assigned accounts to ... Manages collection activities, including, but not limited to, phone communications to customers to ...

Financial Plus Credit Union

Cybersecurity Analyst

Flint, MI · On-site

$85K - $95K/yr

Position Summary Financial Plus Credit Union is seeking a hands-on Cybersecurity Analyst with a ... collection to protect member and organizational data. • Manage Microsoft Intune endpoint security ...

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Showing results 21-40

All JobsCredit Collection Analyst JobsCredit Collection Analyst Jobs in Michigan

Credit Collection Analyst information

See Michigan salary details

$13

$26

$42

How much do credit collection analyst jobs pay per hour?

As of Sep 7, 2026, the average hourly pay for credit collection analyst in Michigan is $26.08, according to ZipRecruiter salary data. Most workers in this role earn between $20.10 and $29.33 per hour, depending on experience, location, and employer.

What does a credit collection analyst do?

A Credit Collection Analyst is responsible for managing and analyzing a company’s outstanding accounts receivable. They assess customer creditworthiness, monitor overdue accounts, contact clients to arrange payment, and recommend actions such as payment plans or escalations to collections agencies when necessary. Their goal is to minimize financial risk and ensure timely payment, maintaining healthy cash flow for the business. They often work closely with the finance and sales teams to resolve disputes and improve credit policies.

How does a credit collection analyst typically collaborate with sales and customer service teams to resolve outstanding accounts?

Credit Collection Analysts often work closely with both sales and customer service teams to address overdue invoices and maintain positive client relationships. They may coordinate repayment plans, clarify payment terms, and provide account status updates, ensuring that all departments are informed and aligned. This cross-functional collaboration is essential for resolving disputes efficiently and supporting customer retention while reducing days sales outstanding (DSO). Regular communication and joint problem-solving are key parts of the role.

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

To thrive as a Credit Collection Analyst, you need strong analytical skills, financial acumen, and a background in accounting or finance, typically supported by a relevant degree or equivalent experience. Proficiency with credit management software, ERP systems like SAP or Oracle, and Excel is commonly required. Excellent negotiation, problem-solving, and interpersonal communication skills help build client relationships and resolve outstanding debts effectively. These capabilities are essential for minimizing financial risk, maintaining cash flow, and ensuring the financial health of an organization.

What is the difference between Credit Collection Analyst vs Accounts Receivable Specialist?

AspectCredit Collection AnalystAccounts Receivable Specialist
Primary FocusCollecting overdue payments and managing delinquent accountsManaging invoicing, payment processing, and maintaining customer accounts
Required SkillsDebt collection, negotiation, communicationBilling, reconciliation, customer service
Work EnvironmentFinance or credit departments, often in collections teamsFinance, accounting, or billing departments
Common CertificationsCredit and collections certifications often preferredAccounting or bookkeeping certifications beneficial

While both roles operate within finance departments and require strong communication skills, the Credit Collection Analyst primarily focuses on recovering overdue payments and managing delinquent accounts. In contrast, the Accounts Receivable Specialist handles invoicing, payment processing, and maintaining accurate customer account records. Understanding these differences helps employers and job seekers target the right skills and responsibilities for each position.

What are popular job titles related to Credit Collection Analyst jobs in Michigan?

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

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

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

Credit Collection Analyst jobs near you
Infographic showing various Credit Collection Analyst job openings in Michigan as of August 2026, with employment types broken down into 1% Internship, 81% Full Time, 16% Part Time, 1% Contract, and 1% Nights. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $54,250 per year, or $26.1 per hour.

Credit Analyst I

First Merchants Bank

Royal Oak, MI • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 15 days ago

First Merchants Bank rating

7.8

Company rating: 7.8 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

88th of 175 rated banks

Job description

First Merchants Bank is seeking a Credit Analyst I to join our team! This position will perform credit analysis, underwriting and monitoring of the commercial loan portfolio. A bachelor's degree is required for this position. We are excited to consider current students who will graduate in December 2026, as well as candidates who have already earned their degree.

As part of this role you will: 

  • Complete accurate, unbiased credit analyses within required timelines and according to standards including cash flow analysis, credit decision summary preparation and credit processes.
  • Complete credit monitoring functions for designated portfolio including spreading and review of financial statements, borrowing base and covenant testing, marketable securities and leveraged lending monitoring and annual credit reviews.
  • Assign call codes, NAICS codes, risk grade and risk rating score data accurately.
  • Review appraisals and real estate evaluations.
  • Use of financial spreading software, loan system, cash flow analysis and other credit systems and tools
  • Attend and participate in loan committees as requested.

To be successful in this position, we require the following:

  • Bachelor’s degree.

The following would be a plus: 

  • Bachelor’s degree (or completion within current semester) in accounting, finance, or business.

First Merchants offers the following:

  • Base Pay PLUS Bonuses
  • Medical, Dental and Vision Insurance
  • 401k
  • Health Savings and Flexible Spending Accounts
  • Vacation/Sick Time
  • Paid Holidays
  • Paid Parental Leave
  • Tuition Reimbursement
  • Additional Benefits

 

A little about us:

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision is:

To enhance the financial wellness of the diverse communities we serve.

Our Mission is:

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team:

"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Apply today to begin your career with us!

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