ZipRecruiter

Log In

1

Credit Risk Analyst Jobs in Michigan (NOW HIRING)

thyssenkrupp

Credit Analyst

Southfield, MI · On-site

$60K - $70K/yr

This role ensures proper customer setup, credit risk oversight, and timely financial reporting ... Credit / Accounts Receivable Analyst Key Responsibilities * Tax Management: Partner with master ...

Td

Risk Manager I (US)

Southfield, MI

$91K - $136K/yr

This job provides critical information, interpretative, and detailed analysis, and deploys critical credit risk rational strategies that ensure the decisions are made within the TD risk appetite and ...

STURGIS BANK

Chief Credit Officer

Sturgis, MI

Provides strategic oversight of the loan portfolio, including performance, trends, concentrations, risk grading, exceptions, and overall credit quality. Oversees portfolio analytics and reporting ...

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI · On-site

Identify, analyze, and escalate emerging credit risks, supporting timely and well-informed risk mitigation strategies * Serve as a trusted advisor to the Chief Credit Officer by providing proactive ...

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI · On-site

Identify, analyze, and escalate emerging credit risks, supporting timely and well-informed risk mitigation strategies * Serve as a trusted advisor to the Chief Credit Officer by providing proactive ...

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI

Identify, analyze, and escalate emerging credit risks, supporting timely and well-informed risk mitigation strategies * Serve as a trusted advisor to the Chief Credit Officer by providing proactive ...

ThyssenKrupp

Credit

Southfield, MI · On-site

$60K - $70K/yr

... Analyst is responsible for supporting credit operations, maintaining data accuracy, and driving effective receivables management. This role ensures proper customer setup, credit risk oversight, and ...

Carhartt

Sr. Manager, Credit

Dearborn, MI · On-site

This role blends strategic oversight with hands-on management of credit operations, analytics, customer risk assessment, and cross-functional partnership with Sales, FP&A, Legal, IT, Distribution and ...

County National Bank

Credit Analyst II

Portage, MI

This role partners closely with commercial lenders to structure credit solutions, assess risk, and support portfolio management activities. The Analyst II demonstrates a strong understanding of ...

Ford Motor Company

Analytics Scientist

Dearborn, MI · On-site +1

$130K - $169K/yr

... credit risk management. 4. Utilizing Statistical and Machine Learning Model Development to support business decisions in credit risk analysis. We are offering a salary of $130,880.52 - $169,537.56/yr.

next page

Showing results 1-20

All JobsCredit Risk Analyst JobsCredit Risk Analyst Jobs in Michigan

Credit Risk Analyst information

See Michigan salary details

$32.2K

$99.3K

$172.1K

How much do credit risk analyst jobs pay per year?

As of Jul 22, 2026, the average yearly pay for credit risk analyst in Michigan is $99,258.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,900.00 and $122,500.00 per year, depending on experience, location, and employer.

What are some common challenges faced by Credit Risk Analysts when assessing new clients or loan applications?

Credit Risk Analysts often encounter challenges such as limited financial data, rapidly changing market conditions, and the need to balance risk with business growth objectives. They must carefully analyze incomplete or inconsistent client information while ensuring compliance with regulatory requirements. Collaborating with relationship managers and other departments is essential to gather additional insights and make informed recommendations, making strong communication and analytical skills crucial in overcoming these challenges.

What does a Credit Risk Analyst do?

A Credit Risk Analyst assesses the creditworthiness of individuals or organizations by analyzing financial data, credit reports, and economic conditions. Their main goal is to determine the likelihood that a borrower will default on their financial obligations. They use statistical models, risk assessment tools, and industry knowledge to evaluate risk and help lenders make informed lending decisions. Credit Risk Analysts often prepare reports, recommend risk mitigation strategies, and monitor existing credit portfolios for potential risks.

What are the key skills and qualifications needed to thrive as a Credit Risk Analyst, and why are they important?

To thrive as a Credit Risk Analyst, you need strong analytical skills, a solid understanding of financial principles, and typically a degree in finance, economics, or a related field. Familiarity with risk assessment tools, statistical software (such as SAS or R), and financial modeling systems is often required, along with relevant certifications like FRM or CFA being advantageous. Attention to detail, effective communication, and sound judgment are essential soft skills for presenting findings and collaborating with stakeholders. These competencies are crucial for accurately assessing creditworthiness, minimizing financial risk, and supporting informed lending decisions.

How much does a Credit Risk Analyst make?

The average salary for a Credit Risk Analyst is approximately $70,000 to $90,000 annually, depending on experience, location, and the company's size. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn higher compensation, often supplemented with bonuses and benefits.

What Does a Credit Risk Analyst Do?

A credit risk analyst evaluates the creditworthiness of individuals or businesses seeking loans or credit cards. As a credit risk analyst, you must be systematic and thorough in examining each applicant’s financial information to provide a recommendation of whether or not your employer should grant credit to the applicant. Essentially, you are evaluating the risk to reward ratio of each loan applicant. Your job duties include the analysis of credit scores and credit reports, payment history, bank statements, and other financial statements. Depending on the scope of your job, you may collect this information directly from clients and inform them if the institution can approve or deny their credit or loan application.

Will a credit analyst be replaced by AI?

Credit risk analysts perform tasks such as evaluating creditworthiness and analyzing financial data, which involve judgment and interpretation that AI currently cannot fully replicate. While AI tools can assist with data processing and risk modeling, human analysts are still essential for complex decision-making and nuanced assessments. The role is evolving to include managing AI outputs and maintaining oversight of automated systems.

Does credit risk pay well?

Credit risk analysts typically earn competitive salaries that vary by experience, location, and industry. Entry-level positions may start lower, but with experience and certifications like CFA or FRM, salaries can increase significantly, often reaching above the national average for financial roles.

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

AspectCredit Risk AnalystCredit Analyst
Primary FocusAssessing the risk of default on loans and credit productsEvaluating creditworthiness of individual or business applicants
Required CredentialsTypically a degree in finance, economics, or related field; certifications like CFA or credit-specific coursesSimilar credentials; often the same certifications or degrees
Work EnvironmentFinancial institutions, risk management departmentsBanks, lending institutions, credit departments
Industry UsageCommonly used in risk assessment and managementPrimarily in lending and credit evaluation

While both roles involve evaluating credit, a Credit Risk Analyst focuses on assessing the overall risk associated with credit portfolios, whereas a Credit Analyst evaluates individual credit applications. The roles often overlap in credentials and work environment, but their specific focus differs within the credit industry.

What do credit risk analysts do?

Credit risk analysts evaluate the creditworthiness of individuals or organizations to determine the likelihood of default on loans or credit agreements. They analyze financial data, credit reports, and market conditions using tools like spreadsheets and credit scoring models to assess risk and support lending decisions.
More about Credit Risk Analyst jobs
What are the most commonly searched types of Credit Risk Analyst jobs in Michigan? The most popular types of Credit Risk Analyst jobs in Michigan are:
What are popular job titles related to Credit Risk Analyst jobs in Michigan? For Credit Risk Analyst jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Credit Risk Analyst jobs in Michigan look for? The top searched job categories for Credit Risk Analyst jobs in Michigan are:
What cities in Michigan are hiring for Credit Risk Analyst jobs? Cities in Michigan with the most Credit Risk Analyst job openings:
What are popular job titles related to Credit Risk Analyst jobs in MI? For Credit Risk Analyst jobs in MI, the most frequently searched job titles are:
Credit Risk Analyst jobs near you
Infographic showing various Credit Risk Analyst job openings in Michigan as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $99,258 per year, or $47.7 per hour.
Credit Analyst

Credit Analyst

thyssenkrupp

Southfield, MI • On-site

$60K - $70K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 19 days ago

Job description

Job Summary
The Credit / Accounts Receivable Analyst is responsible for supporting credit operations, maintaining data accuracy, and driving effective receivables management. This role ensures proper customer setup, credit risk oversight, and timely financial reporting while serving as a key liaison between credit, accounting, and system teams to support overall cash flow performance.
Job Description
Credit / Accounts Receivable Analyst
Key Responsibilities
  • Tax Management:
    Partner with master data teams to ensure customers are accurately set up and taxed correctly, including maintaining and troubleshooting Avalara and Vertex systems. Will also be responsible for coordinating with Accounting on Sales Tax Audits

  • Credit Limits & Insurance Coordination:
    Work closely with the credit team to ensure credit limits and Atradius insurance coverage are accurate and up to date. Monitor timely credit reviews and confirm appropriate insurance coverage, particularly for parent account structures.

  • Parent & Child Account Structure:
    Maintain accurate setup of parent accounts and ensure all related child accounts are properly linked and managed.

  • Non-Standard Terms Review:
    Evaluate accounts with non-standard payment terms to ensure proper approvals, business justification, and compliance with company policies.

  • Systems & Process Expertise:
    Serve as a subject matter expert (SME) for GetPaid and act as a credit representative and liaison for ERP systems, including SAP and Eniteo, supporting system enhancements, implementations, and transitions.

  • Bad Debt & Collections Oversight:
    Manage all aspects of bad debt tracking, monitoring, and reporting. Maintain bankruptcy files, file proofs of claim, perform account reconciliations, and ensure timely processing of recoveries and write-offs.

  • Monthly Reporting & Analysis:
    Prepare and analyze monthly reporting metrics including Days Sales Outstanding (DSO), AR aging, past due balances, collection effectiveness, and accounts receivable turnover. Support the accounting team with month-end closing activities.

  • Credit Card Reconciliation:
    Perform weekly reconciliation of credit card transactions in partnership with the accounting team. Act as the SME for credit card-related issues, discrepancies, and dispute resolution.

  • Unapplied Cash / Deduction

Work with credit managers, collection team and CSSO to ensure payments are getting posted timely and accurately to customer accounts and short pays/deductions are getting reviewed and resolved.
Job Compensation
$60K - $70K
Benefits Overview
We offer competitive company benefits to eligible positions, such as:
  • Medical, Dental, Vision Insurance
  • Life Insurance and Disability
  • Voluntary Wellness Programs
  • 401(k) or RRSP programs with Company Match
  • Paid Vacation and Holidays
  • Tuition Reimbursement
  • And more!

Benefits may vary based on job, country, union role, and/or company segment. Please work with your recruiter or tk representative for applicable benefits information.
Disclaimer
This is to notify the general public that some individuals/entities are using the thyssenkrupp ("TK") name, trademark, domain name, and logo without authorization. They are posing as employees, representatives, or agents of TK and its associated/group companies. These individuals/entities are fraudulently offering jobs online through texts, websites, telephone calls, emails, or by issuing fake offer letters. They are also soliciting jobseekers to deposit money in certain bank accounts or providing jobseekers with fraudulent checks to obtain banking information.
TK does not ask, solicit, or accept any monies in any form from candidates, job applicants, or potential jobseekers, who have applied to or wish to apply to TK, whether online or otherwise as a pre-employment requirement. TK bears no responsibility for money being deposited/withdrawn therefrom in response to such fake offers.
Equal opportunity employer, including people with disabilities and veterans.
Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and certain state or local laws. For those requiring assistance completing the application or the application process and request information relating to the need for accommodation, please contact reasonableaccommodation@thyssenkrupp.com.
TK does not:
1. Send job offers from free email services like Gmail, Rediffmail, Yahoo mail, etc.;
2. Request payment of any kind from prospective jobseekers or candidates for employment;
3. Authorize anyone to collect money or agree to any monetary arrangement in return for a job at TK;
4. Send checks to job seekers; or
5. Make job offers through third parties. In the event TK uses professional recruitment services through a third party, offers are always made directly by TK and not by any third parties.
PLEASE NOTE:
1. TK strongly recommends that potential jobseekers do not respond to such fake solicitations, in any manner;
2. TK will not be responsible to anyone acting on an employment offer that is not directly made by TK;
3. Anyone making an employment offer in return for money is not authorized by TK; and
4. TK reserves the right to take legal action, including criminal action, against such individuals/entities.
TK follows a formal recruitment process through its own HR department and applications are evaluated by its HR department through pre-defined processes. Please visit our official careers website at https://jobs.thyssenkrupp.com/en to view authentic job openings at TK.
If you receive any unauthorized, suspicious, or fraudulent offers or interview calls, please email us at tkmna.employee.care@thyssenkrupp-materials.com.

Apply