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Credit Risk Associate Jobs in Commerce, MI (NOW HIRING)

dfb

Loan Documentation Specialist

Dearborn, MI · On-site

Apply credit policy and procedures to transactions to mitigate risk. * Maintain knowledge of ... Associate degree or equivalent work experience. Bachelor's degree preferred. * 5 + years ...

Michigan First

Treasurer

Lathrup Village, MI · On-site

The Treasurer of the credit union is responsible for overseeing the financial operations of the ... Utilize economic data and market trends to identify and mitigate risk * Ensuring the safekeeping ...

General Motors

Treasury Associate

Detroit, MI · Hybrid

... Risk Management, Pensions Strategy and Pension Asset Management. Cooperate with individuals within ... Three (3) years of experience as an Assistant Vice President, Credit Analyst, Rating Analyst, or ...

General Motors

Treasury Associate

Detroit, MI · On-site

... Risk Management, Pensions Strategy and Pension Asset Management. Cooperate with individuals within ... Three (3) years of experience as an Assistant Vice President, Credit Analyst, Rating Analyst, or ...

Fifth Third

Personal Banker Associate I

Pontiac, MI

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns ... of credit and financial information. * Ability to professionally represent Fifth Third Bank in ...

Fifth Third

Personal Banker Associate I

Dearborn, MI · On-site

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns ... of credit and financial information. * Ability to professionally represent Fifth Third Bank in ...

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All JobsCredit Risk Associate JobsCredit Risk Associate Jobs in Commerce, MI

Credit Risk Associate information

See Commerce, MI salary details

$44.9K

$98.1K

$164.3K

How much do credit risk associate jobs pay per year?

As of Jun 20, 2026, the average yearly pay for credit risk associate in Commerce, MI is $98,120.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,300.00 and $127,500.00 per year, depending on experience, location, and employer.

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

To thrive as a Credit Risk Associate, you need strong analytical skills, attention to detail, and a solid understanding of financial statements, typically backed by a degree in finance, economics, or a related field. Familiarity with risk assessment software, credit modeling tools, and proficiency in Excel or similar data analysis programs are essential technical requirements. Strong communication, problem-solving abilities, and sound judgment help you effectively collaborate with stakeholders and make informed recommendations. These skills and qualities are crucial for accurately assessing creditworthiness and minimizing financial risk for the organization.

What does a Credit Risk Associate do?

A Credit Risk Associate is responsible for assessing and managing the risk that a borrower may default on a loan or credit obligation. They analyze financial statements, credit reports, and market data to evaluate the creditworthiness of individuals or companies. Their work helps financial institutions make informed lending decisions, set appropriate credit limits, and comply with regulatory requirements. Credit Risk Associates also monitor existing credit exposures and may recommend strategies to mitigate potential losses.

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

AspectCredit Risk AssociateCredit Analyst
Required CredentialsBachelor's degree, relevant certifications often preferredBachelor's degree, certifications like CFA or credit-specific courses beneficial
Work EnvironmentFinancial institutions, banks, credit agenciesBanks, investment firms, credit rating agencies
Employer & Industry UsageCommonly used in risk management teamsUsed in credit assessment and lending decisions
Comparison Search IntentUnderstanding risk roles in creditAnalyzing creditworthiness of clients

Both roles involve assessing credit-related information, but Credit Risk Associates focus on managing overall risk exposure, while Credit Analysts evaluate individual creditworthiness. The roles often overlap in skills and industry settings, making them closely related but distinct in scope.

How does a Credit Risk Associate typically collaborate with other teams within a financial institution?

Credit Risk Associates work closely with various departments, including front-office lending teams, compliance, and portfolio management. They regularly communicate with relationship managers to gather client information, and partner with data analysts to assess credit models and risk metrics. This collaborative environment ensures that credit decisions are well-informed and compliant with internal policies. Being proactive and communicative is key, as the role often requires balancing risk assessment with business growth objectives.
What are the most commonly searched types of Credit Risk jobs in Commerce, MI? The most popular types of Credit Risk jobs in Commerce, MI are:
What are popular job titles related to Credit Risk Associate jobs in Commerce, MI? For Credit Risk Associate jobs in Commerce, MI, the most frequently searched job titles are:
What job categories do people searching Credit Risk Associate jobs in Commerce, MI look for? The top searched job categories for Credit Risk Associate jobs in Commerce, MI are:
What cities near Commerce, MI are hiring for Credit Risk Associate jobs? Cities near Commerce, MI with the most Credit Risk Associate job openings:
Credit Risk Associate jobs near you
Infographic showing various Credit Risk Associate job openings in Commerce, MI as of June 2026, with employment types broken down into 2% As Needed, 79% Full Time, 17% Part Time, and 2% Temporary. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $98,120 per year, or $47.2 per hour.

Loan Documentation Specialist

dfb

Dearborn, MI • On-site

Other

Posted 11 days ago

Job description

Do you have extensive experience with commercial loan documentation and the attention to detail needed to support complex loan transactions?

As a Loan Documentation Specialist, you will review commercial loan approvals, determine documentation and due diligence requirements, and coordinate the preparation and closing of commercial loan transactions. This role plays a key part in mitigating risk, supporting regulatory and policy requirements, and ensuring a smooth and efficient closing process.

Strong knowledge of commercial lending, loan documentation requirements, and business entity structures, along with the ability to manage multiple priorities and deadlines, are essential for success in this role.

 

The Opportunity: We are seeking a Loan Documentation Specialist to join our team in Florida or Michigan.

 

What You'll Do:

  • Receive, review and analyze credit approvals to determine the appropriate loan documentation and due diligence requirements.
  • Verify that sufficient lending authority was obtained on the loan approval.
  • Maintain knowledge of business entity structures, and obtain and review entity documents to determine the parties that are authorized to bind the entity to the loan transaction.
  • Produce and obtain appropriate documentation in compliance with the terms of loan requests, including title commitments, title searches, UCC searches, evaluations or real estate appraisals, environmental reports, flood determinations, proof of insurance, surveys and entity documents.
  • Apply credit policy and procedures to transactions to mitigate risk.
  • Maintain knowledge of business compliance regulations.
  • Coordinate effort to engage and finalize preparation of loan documents by internal and external counsel.
  • Ensure that loan documents prepared in LaserPro or by outside counsel are accurate and in accordance with the approved terms.
  • Develop and maintain subject matter expertise in preparing loan documents using Laser Pro.
  • Determine when underwriting approval conditions for the loan closing have been satisfied.
  • Obtain funding information and create/review the settlement statement providing direction for loan proceeds.
  • Determine appropriate loan coding needed for portfolio and regulatory reporting purposes.
  • Work with lending operations to ensure loans are properly booked and managed in DNA.
  • Meet expected service levels related to due diligence, closings and periodic review requirements.

 

What You'll Need:

  • Associate degree or equivalent work experience. Bachelor's degree preferred.
  • 5 + years’ experience in processing commercial loans.
  • Experience processing commercial construction loans and SBA (504) commercial loans, preferred.
  • Strong knowledge of commercial loan documentation and requirements.
  • Knowledge of commercial banking and lending credit policy and guidelines.
  • Ability to handle multiple priorities and meet deadlines.
  • Commitment to delivering exceptional service.
  • Proficient in Microsoft 365. 
  • Demonstrated analytical and problem-solving skills. 
  • Able to initiate and embrace change. 
  • Excellent interpersonal skills, including written and verbal communication and ability to work in a team environment. 

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