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Credit Risk Monitor Jobs in Romulus, MI (NOW HIRING)

... 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 ...

The Credit Analyst is primarily responsible for completing the daily duties of underwriting and ... risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and ...

... 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 ...

Credit Analyst I

Royal Oak, MI · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... 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 ...

The Credit Analyst is primarily responsible for completing the daily duties of underwriting and ... risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and ...

... 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 ...

Credit Analyst I

Monroe, MI · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... 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 ...

Credit Analyst I

Monroe, MI · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... 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 ...

Credit Analyst I

Royal Oak, MI · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... 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 ...

VP of Risk

Novi, MI · On-site

$130 - $210/hr

... the Credit Union. These areas include compliance and regulation including oversight and ... monitoring the integrity of member data change process. * Develops and manages Enterprise Risk ...

... the Credit Union. These areas include compliance and regulation including oversight and ... monitoring the integrity of member data change process. Essential Duties: * Develops and manages ...

Analyst, Collections

Ann Arbor, MI · Hybrid

$60K - $103K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Partner with Credit Analysts on customer financial reviews and risk assessments. Dispute Resolution ... Monitor dispute aging and ensure timely resolution. Reporting & Analysis * Analyze customer aging ...

Analyst, Collections

Ann Arbor, MI · On-site

$60K - $103K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Partner with Credit Analysts on customer financial reviews and risk assessments. Dispute Resolution ... Monitor dispute aging and ensure timely resolution. Reporting & Analysis * Analyze customer aging ...

Analyst, Collections

Ann Arbor, MI · Hybrid

$60K - $103K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Partner with Credit Analysts on customer financial reviews and risk assessments. Dispute Resolution ... Monitor dispute aging and ensure timely resolution. Reporting & Analysis * Analyze customer aging ...

Showing results 21-40

Credit Risk Monitor information

See Romulus, MI salary details

$83.3K

$152.5K

$230.7K

How much do credit risk monitor jobs pay per year?

As of Aug 19, 2026, the average yearly pay for credit risk monitor in Romulus, MI is $152,493.00, according to ZipRecruiter salary data. Most workers in this role earn between $128,600.00 and $171,000.00 per year, depending on experience, location, and employer.

What is a credit risk monitor?

A Credit Risk Monitor is a professional responsible for analyzing and assessing the credit risk associated with lending or extending credit to individuals or organizations. They monitor financial statements, payment histories, and market trends to evaluate the likelihood of default. Credit Risk Monitors help financial institutions and businesses minimize losses by providing recommendations on credit limits, terms, and risk mitigation strategies. Their work is essential for maintaining the financial health and stability of organizations that rely on credit transactions.

What are the key skills and qualifications needed to thrive as a credit risk monitor?

To thrive as a Credit Risk Monitor, you need strong analytical skills, financial acumen, and a background in finance, accounting, or economics, often supported by a relevant degree. Familiarity with risk assessment tools, credit scoring models, and platforms such as Moody’s Analytics or S&P Global Market Intelligence is typically required. Attention to detail, effective communication, and sound judgment help in interpreting data and conveying risk findings to stakeholders. These skills are essential to accurately evaluate creditworthiness and support informed decision-making that protects organizational assets.

What are some common challenges faced by credit risk monitors in their day-to-day work?

Credit Risk Monitors often contend with the challenge of evaluating complex financial data from multiple sources to assess a borrower's creditworthiness. They must stay updated on changing market conditions and regulatory requirements, which can impact risk assessments. Another frequent challenge is balancing the need for thorough analysis with tight reporting deadlines. Collaboration with other departments, such as loan officers and compliance teams, is essential for obtaining accurate information and ensuring company policies are followed.

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

AspectCredit Risk MonitorCredit Analyst
Required credentialsTypically requires finance, economics, or related degrees; certifications like CFA are a plusSimilar educational background; certifications like CFA or CPA can be advantageous
Work environmentFinancial services, credit risk assessment, often in corporate or agency settingsBanking, lending institutions, or corporate finance departments
Employer and industry usageUsed by credit rating agencies, financial institutions, and risk management firmsCommon in banks, investment firms, and credit departments

While both roles involve financial analysis and risk assessment, Credit Risk Monitors focus on monitoring and analyzing credit risks at a broader level, often involving data aggregation and industry trend analysis. Credit Analysts typically evaluate individual creditworthiness of clients or companies to inform lending decisions. Understanding these distinctions helps in choosing the right career path or job search focus.

What cities near Romulus, MI are hiring for Credit Risk Monitor jobs?

Cities near Romulus, MI with the most Credit Risk Monitor job openings:

Infographic showing various Credit Risk Monitor job openings in Romulus, MI as of August 2026, with employment types broken down into 1% As Needed, 78% Full Time, 16% Part Time, 4% Contract, and 1% Nights. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $152,493 per year, or $73.3 per hour.

Credit Analyst I

First Merchants Bank

Royal Oak, MI

Full-time

Posted 26 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

89th of 171 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.

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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