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Credit Risk Jobs in Detroit, MI (NOW HIRING)

Credit Analyst

Southfield, MI · On-site

$60K - $70K/yr

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 ...

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 ...

Summary The primary purpose of this position is to assist the credit union in achieving its service ... The Risk Management Specialist works within the Risk Management department and is responsible for ...

Lead periodic and annual credit reviews to validate risk ratings, loan structure, guarantor support, and overall credit quality * Oversee the real estate appraisal and appraisal review process to ...

Summary The primary purpose of this position is to assist the credit union in achieving its service ... The Risk Management Specialist works within the Risk Management department and is responsible for ...

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.

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 ...

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 ...

Showing results 21-40

Credit Risk information

See Detroit, MI salary details

$45.8K

$100K

$167.4K

How much do credit risk jobs pay per year?

As of Aug 10, 2026, the average yearly pay for credit risk in Detroit, MI is $100,021.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,600.00 and $129,900.00 per year, depending on experience, location, and employer.

What is the average salary of a credit risk analyst?

The average salary of a credit risk analyst typically ranges from $60,000 to $85,000 annually, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications can earn higher salaries, often supplemented with bonuses and benefits.

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 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.

How to start a career in credit risk?

To start a career in credit risk, obtain a bachelor's degree in finance, economics, or a related field, and develop strong analytical and quantitative skills. Gaining experience through internships or entry-level roles in banking, finance, or risk management helps build relevant expertise, and earning certifications like the Financial Risk Manager (FRM) can enhance job prospects.
What are the most commonly searched types of Credit Risk jobs in Detroit, MI? The most popular types of Credit Risk jobs in Detroit, MI are:
What are popular job titles related to Credit Risk jobs in Detroit, MI? For Credit Risk jobs in Detroit, MI, the most frequently searched job titles are:
What job categories do people searching Credit Risk jobs in Detroit, MI look for? The top searched job categories for Credit Risk jobs in Detroit, MI are:
Infographic showing various Credit Risk job openings in Detroit, MI as of August 2026, with employment types broken down into 67% Full Time, and 33% Contract. Highlights an 100% In-person job distribution, with an average salary of $100,021 per year, or $48.1 per hour.

Credit Analyst

thyssenkrupp

Southfield, MI • On-site

$60K - $70K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 8 days ago


Thyssenkrupp rating

7.6

Company rating: 7.6 out of 10

Based on 69 frontline employees who took The Breakroom Quiz

228th of 538 rated manufacturers


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.

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