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Credit Risk Jobs in Michigan (NOW HIRING)

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.

Stellantis

Credit Specialist

Auburn Hills, MI

Supporting the sales function while collecting cash and managing the financial risk associated with ... Performing customer credit reviews to determine creditworthiness and recommending/setting credit ...

Deloitte

Financial Risk Senior Consultant

Detroit, MI

$115K/yr

Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing * Knowledge of financial services business models, products, and services * Experience in banking, digital assets, or ...

Stellantis

Credit Specialist

Auburn Hills, MI · On-site

Supporting the sales function while collecting cash and managing the financial risk associated with ... Performing customer credit reviews to determine creditworthiness and recommending/setting credit ...

Bank of America

Credit Officer II

Auburn Hills, MI · On-site

Drives credit and risk approval processes for new credit originations, renewals, increases, and modifications * Leads ongoing monitoring efforts for a portfolio of clients in compliance with ...

Bank of America

Credit Officer II

Rochester Hills, MI · On-site

Drives credit and risk approval processes for new credit originations, renewals, increases, and modifications * Leads ongoing monitoring efforts for a portfolio of clients in compliance with ...

Mercantile Bank

Commercial Credit Manager

Troy, MI · On-site

Oversee credit analysis and underwriting processes, while ensuring adherence to commercial credit policy, sound risk management, and compliance with approval processes, risk rating systems, and ...

Mercantile Bank

Commercial Credit Manager

Troy, MI · On-site

Oversee credit analysis and underwriting processes, while ensuring adherence to commercial credit policy, sound risk management, and compliance with approval processes, risk rating systems, and ...

Mercantile Bank

Commercial Credit Manager

Troy, MI · On-site

Oversee credit analysis and underwriting processes, while ensuring adherence to commercial credit policy, sound risk management, and compliance with approval processes, risk rating systems, and ...

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Showing results 1-20

All JobsCredit Risk JobsCredit Risk Jobs in Michigan

Credit Risk information

See Michigan salary details

$43.6K

$95.3K

$159.5K

How much do credit risk jobs pay per year?

As of Jun 19, 2026, the average yearly pay for credit risk in Michigan is $95,278.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,400.00 and $123,800.00 per year, depending on experience, location, and employer.

What is the highest paying risk management job?

In risk management, senior roles such as Chief Risk Officer (CRO) or Director of Risk typically have the highest salaries, often exceeding six figures annually. These positions require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills within financial institutions or large corporations.

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 statements, and a background in finance, economics, or a related field, often supported by a relevant degree or certification (such as FRM or CFA). Familiarity with risk assessment tools, financial modeling software, and credit rating systems is typically required. Attention to detail, critical thinking, and effective communication are essential soft skills for interpreting data and presenting risk assessments to stakeholders. These skills and qualities are crucial for making informed decisions that minimize financial losses and ensure sound lending practices.

What is the salary of Credit Risk Analyst?

The average salary for a Credit Risk Analyst at JP Morgan typically ranges from $70,000 to $100,000 annually, depending on experience, location, and education. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn higher compensation, often supplemented with bonuses and benefits.

Will a credit analyst be replaced by AI?

Credit analysts evaluate financial data and assess credit risk, a role that involves complex judgment and interpretation. While AI tools can automate data analysis and streamline processes, human expertise remains essential for nuanced decision-making and understanding context, making full replacement unlikely in the near term.

What is the difference between Credit Risk vs Credit Analyst?

AspectCredit RiskCredit Analyst
Primary FocusAssessing the likelihood of borrower default to manage overall credit riskAnalyzing credit data to determine creditworthiness of individual applicants
Work EnvironmentRisk management teams, financial institutions, credit departmentsBanking, lending institutions, financial services
Required CredentialsOften requires risk management certifications, finance degreesFinance or accounting degrees, certifications like CFA or credit-specific courses

While both roles involve understanding credit, Credit Risk focuses on managing the overall risk exposure of an organization, whereas a Credit Analyst evaluates individual credit applications to determine approval. Both roles are essential in the lending process but differ in scope and responsibilities.

What is credit risk and what does a credit risk professional do?

Credit risk refers to the possibility that a borrower or counterparty will fail to meet their financial obligations, such as repaying a loan or making payments on time. Credit risk professionals analyze financial data, assess the creditworthiness of individuals or companies, and help set lending policies to minimize potential losses for banks or financial institutions. They use various models and tools to evaluate risk, monitor existing loans, and recommend strategies to mitigate exposure. Their work is essential for maintaining the financial health and stability of lending organizations.

What are some typical challenges faced by professionals in credit risk roles, and how can they be addressed?

Credit risk professionals often encounter challenges such as assessing the creditworthiness of new and existing clients, keeping up with rapidly changing market conditions, and managing large volumes of data to make informed decisions. To address these, it's important to stay updated on industry trends, develop strong analytical and communication skills, and leverage advanced risk assessment tools. Collaborating closely with colleagues in underwriting, sales, and compliance teams also helps ensure well-rounded risk evaluations and consistent application of policies.

What is credit risk as a job?

A credit risk professional assesses the likelihood that borrowers will default on their loans or credit obligations. They analyze financial data, credit reports, and economic factors to help organizations manage potential losses and make informed lending decisions, often using risk modeling tools and adhering to regulatory standards.
What are the most commonly searched types of Credit Risk jobs in Michigan? The most popular types of Credit Risk jobs in Michigan are:
What are popular job titles related to Credit Risk jobs in Michigan? For Credit Risk jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Credit Risk jobs in Michigan look for? The top searched job categories for Credit Risk jobs in Michigan are:
What cities in Michigan are hiring for Credit Risk jobs? Cities in Michigan with the most Credit Risk job openings:
Credit Risk jobs near you
Infographic showing various Credit Risk job openings in Michigan as of June 2026, with employment types broken down into 100% Full Time. Highlights an 67% In-person, 22% Hybrid, and 11% Remote job distribution, with an average salary of $95,278 per year, or $45.8 per hour.
Credit Analyst

Credit Analyst

GreenStone Farm Credit Services

Grand Rapids, MI • On-site

$150/day

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted yesterday

Job description

Are you an experienced Credit Analyst looking for a dynamic and fulfilling career opportunity in the agriculture lending space? Greenstone Farm Credit Services invites you to be a part of our growing family and make a real impact on the communities we serve.
We are seeking an experienced Credit Analyst to join our team. In this role, you will be at the forefront of the credit approval process, offering your expertise on medium to moderately larger loan requests. Your contributions will directly impact the soundness and comprehensiveness of our credit decisions, ensuring the financial well-being of the communities we serve.
Get to know GreenStone
Our $16 billion portfolio of customers, ranging from rural homeowners to global agriculture and food businesses, provides our employees with a unique opportunity to maintain a local presence while working for a top workplace. Our diverse business structure provides exciting opportunities for passionate, talented professionals in many areas. Additionally, many of our team members are highly respected in their area of expertise at both the state and national level making GreenStone one of the top Farm Credit associations in the country.
Culture
Core Four values steer everything we do at GreenStone. Customer First, Deliver Quality, Get involved, Do the right thing. Employees work as a team to create a company fueled by the desire to best serve each other and our customers every day. Greenstone culture promotes innovative thinking, professional development, health and wellness, and a relaxed work environment with flexible schedules.
What can we offer you?
GreenStone trusts the people we hire. We empower employees to make the best decisions for the customer and the company.
GreenStone has an outstanding Total Rewards package, which includes, but is not limited to:
  • 15 vacation days, 12 sick days, and 12 paid holidays per year
  • 16 hours of volunteer time
  • Paid parental leave
  • 401(k) plan - up to a 9% employer contribution/match
  • Medical, Dental, Vision, STD, LTD, Life/AD&D benefits, etc.
  • $150/year Logo Wear allowance
  • $400/year Wellness Subsidy/Reimbursement & wellness programs
  • $6,000 lifetime maximum Student Debt repayment program
  • Yearly bonus/incentive opportunity available to all benefit eligible employees

Day in the life of a Credit Analyst
  • Detailed Analysis: Examine loan requests with meticulous attention to detail, producing accurate and thorough assessments.
  • Financial Analysis: Conduct comprehensive financial analysis, evaluate earnings data, prepare income projections, and compile comparative data using similar farms or credit standards. Utilize your skill in ratio analysis to assess creditworthiness.
  • Loan Narratives: Prepare and present detailed loan narratives that provide a comprehensive view of the applicant's capital, capacity, collateral, conditions, key risks, mitigants, and recommendations for approvals. You may also contribute to the character section.
  • Portfolio Management: Assist in portfolio management by monitoring specific loan covenants and ensuring borrowers meet their financial obligations. Your role is critical to safeguarding the organization's interests.
  • Legal Documentation: Review legal documentation associated with loan requests to ensure that credit terms align with our risk appetite and credit policies, reducing risks and maintaining consistency.
  • Market Insights: Stay updated on industry trends, regulatory changes, and market conditions to make informed underwriting decisions. Your knowledge will be invaluable in adapting to evolving financial landscapes.
  • Collaboration: Work closely with cross-functional teams to ensure that customer loan applications are processed efficiently through closing. Your collaboration will help ensure that our customers receive the support and financial solutions they need in a timely manner.

What Experience can you Bring?
  • Bachelor's degree is required. Degree in business, accounting, agriculture business management or related field is preferred.
  • Deep understanding of credit analysis underwriting, risk assessment and financial modeling on larger, more complex requests.
  • Strong analytical and problem-solving skills.
  • Exceptional attention to detail and accuracy.
  • Excellent communication and teamwork abilities.

What will set you Apart?
  • 1+ years in credit analysis/underwriting, financial services, or agricultural lending experience.
  • Agriculture background
  • Knowledge of GAAP accounting principles.
  • Experience with commercial lending concepts, terminology, and commercial credit analysis

GreenStone Farm Credit Services is an equal opportunity employer. It is our policy to provide equal employment opportunity to all persons regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, age, disability, veteran status, genetic information, or any other characteristic protected by law. We comply with all federal, state and local equal employment opportunity regulations. We conduct all personnel decisions and processes relating to our employees and job applicants in an environment free of discrimination and harassment.

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