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Director Credit Risk Jobs in Michigan (NOW HIRING)

Amerisure

Credit Risk Analyst

Farmington Hills, MI · On-site

... of Direct Written Premium and maintain $1.21 billion in surplus.Due to a promotion, we are recruiting for a Credit Risk Analyst to join our team. This is a hybrid position working out of our ...

Huntington

Credit Review Team Leader - Consumer

Detroit, MI · On-site +1

$93K - $189K/yr

As part of the respective credit risk focus area, develop and manage a credit review program which assesses the management framework in selecting, underwriting, and administering the direct and ...

Huntington

Credit Review Team Leader - Consumer

Detroit, MI · On-site +1

$93K - $189K/yr

As part of the respective credit risk focus area, develop and manage a credit review program which assesses the management framework in selecting, underwriting, and administering the direct and ...

Huntington

Credit Review Team Leader Sr

Detroit, MI · On-site +1

$125K - $255K/yr

The Credit Review Team Leader Sr. will report directly to the Credit Review Director or Credit Review Group Manager. This role involves leading a team in various credit risk review engagements and ...

Huntington

Credit Review Team Leader Sr

Detroit, MI · On-site

$125K - $255K/yr

As part of the respective credit risk focus area, develop and manage a credit review program which assesses the management framework in selecting, underwriting, and administering the direct and ...

STURGIS BANK

Chief Credit Officer

Sturgis, MI · On-site

The Chief Credit Officer (CCO) is responsible for the overall credit quality, risk management, and ... risk appetite. The CCO partners with executive management and the Board of Directors to support ...

Sturgis Bank

Chief Credit Officer (Sturgis)

Sturgis, MI · On-site

The Chief Credit Officer (CCO) is responsible for the overall credit quality, risk management, and ... risk appetite. The CCO partners with executive management and the Board of Directors to support ...

ThinkingAhead

Chief Credit Officer

Kalamazoo, MI · Hybrid

$195K - $235K/yr

... Directors, and influence the future growth of a well-respected banking institution. The successful candidate will oversee all aspects of credit risk management, portfolio administration, asset ...

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI · On-site

Key Responsibilities Credit Risk Management & Underwriting * Oversee credit underwriting and ... Board of Directors. * Ensure high-quality credit analysis, including financial, cash flow ...

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI · On-site

Key Responsibilities Credit Risk Management & Underwriting * Oversee credit underwriting and ... Board of Directors. * Ensure high-quality credit analysis, including financial, cash flow ...

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI · On-site

Key Responsibilities Credit Risk Management & Underwriting * Oversee credit underwriting and ... Board of Directors. * Ensure high-quality credit analysis, including financial, cash flow ...

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI · On-site

Key Responsibilities Credit Risk Management & Underwriting * Oversee credit underwriting and ... Board of Directors. * Ensure high-quality credit analysis, including financial, cash flow ...

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Showing results 1-20

All JobsCredit Risk JobsDirector Credit Risk JobsDirector Credit Risk Jobs in Michigan

Director Credit Risk information

See Michigan salary details

$73.7K

$136.2K

$262.8K

How much do director credit risk jobs pay per year?

As of Sep 10, 2026, the average yearly pay for director credit risk in Michigan is $136,243.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,100.00 and $163,900.00 per year, depending on experience, location, and employer.

What does a director credit risk do?

A Director of Credit Risk is responsible for overseeing an organization’s credit risk management strategies and policies. They analyze credit data, assess potential risks in lending or credit activities, and work to minimize losses related to bad debts. This role often involves leading a team, setting risk tolerance levels, and ensuring compliance with regulatory requirements. Directors of Credit Risk also collaborate with other departments to align risk management with the company's overall business objectives.

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

To thrive as a Director of Credit Risk, you need deep expertise in credit analysis, risk management, and financial modeling, usually supported by a degree in finance, economics, or a related field. Familiarity with risk assessment software, credit scoring systems, and regulatory compliance tools, along with certifications like CFA or FRM, is highly valued. Strong leadership, strategic thinking, and communication skills help drive cross-functional collaboration and effective risk mitigation. These competencies are crucial for making informed credit decisions that protect the organization's financial health and comply with regulatory standards.

What are some common challenges faced by a director credit risk and how can they be addressed?

A Director of Credit Risk often faces challenges such as balancing risk appetite with business growth goals, staying ahead of evolving regulatory requirements, and managing credit exposures in volatile markets. To address these, it's essential to foster strong collaboration with business units, maintain robust credit risk frameworks, and leverage data analytics for proactive decision-making. Continuous professional development and close communication with compliance and audit teams also help ensure that credit policies remain effective and up-to-date.

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

AspectDirector Credit RiskCredit Analyst
CredentialsBachelor's/Master's in Finance, Economics, or related; often requires experience in credit risk managementBachelor's degree in Finance, Economics, or related; entry-level to mid-level roles
Work EnvironmentStrategic, leadership-focused, overseeing credit risk policies and teamsAnalytical, research-focused, assessing individual credit applications and risk
Employer & Industry UsageFinancial institutions, banks, credit agenciesBanks, lending companies, credit bureaus

The main difference is that a Director Credit Risk leads and develops credit risk strategies at a high level, while a Credit Analyst focuses on evaluating individual credit applications and assessing risk at a more operational level. The Director role involves strategic oversight, whereas the Credit Analyst role is more analytical and detail-oriented.

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 Director Credit Risk jobs in Michigan?

For Director Credit Risk jobs in Michigan, the most frequently searched job titles are:

What job categories do people searching Director Credit Risk jobs in Michigan look for?

The top searched job categories for Director Credit Risk jobs in Michigan are:

What cities in Michigan are hiring for Director Credit Risk jobs?

Cities in Michigan with the most Director Credit Risk job openings:

Director Credit Risk jobs near you
Infographic showing various Director Credit Risk job openings in Michigan as of September 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $136,243 per year, or $65.5 per hour.

Credit Risk Analyst

Farmington Hills, MI • On-site

Amerisure Mutual Insurance Company
Insurance Services • 501 - 1,000 employees
Learn more about Amerisure Mutual Insurance Companyexternal

Full-time

Medical, Retirement, PTO

Posted 15 days ago

Job description

Amerisure creates exceptional value for its partners, policyholders, and employees. As a property and casualty insurance company, Amerisure's promise to our partner agencies and policyholders begins with a comprehensive line of insurance products designed to protect businesses, as well as the health and safety of every employee. With an A.M. Best "A" (Excellent) rating, Amerisure serves mid-sized commercial enterprises focused in construction, manufacturing and healthcare. Ranked as one of the top 100 Property & Casualty companies in the United States, we proudly manage nearly $1 Billion of Direct Written Premium and maintain $1.21 billion in surplus.
Due to a promotion, we are recruiting for a Credit Risk Analyst to join our team. This is a hybrid position working out of our Farmington Hill, MI office 3 days a week and 2 from home.
Position Summary:
Collaborate with underwriting staff to analyze credit worthiness, and consult as requested with Agency management and operation teams on insurance risks for accounts. Advise credit terms for payment of premium or risk acceptance. Interact with agents and insurers on credit determinations and adequacy of charges where applicable.
Responsibilities:
  • Analyze credit data and financial statements of entities to evaluate credit position of future accounts and consult as requested with partner agency management.
  • Recommend and draft credit protection plans, payment arrangements, billing procedures and other appropriate items, and grant credit terms for payment of premium or risk acceptance as appropriate.
  • Work closely with producers and underwriters to discuss credit risk recommendations and verification of policy estimates, including participating in account and agency visits as required.
  • Minimize bad debt risk and maximize accounts receivable collections.
  • Ensure established standards for turnaround time are met, ensuring adherence to the service model and promoting a strong customer service focus.

Requirements:
  • Bachelor's degree in finance, accounting or related field.
  • 2 years of experience in customer service, finance or accounting.
  • Proficient computer skills required including Microsoft Office Suite.
  • Demonstrated successful ability to build positive relationships and partnerships within department and across the organization.
  • Excellent interpersonal and communication skills with the ability to interact with all levels of the organization.
  • Strong analytical skills and attention to detail.

#LI-CR1
Just as we are committed to creating exceptional value for our Partners For Success® agencies and policyholders, Amerisure also remains committed to being an employer of choice. We reinforce this commitment by adhering to an Employee Value Proposition that, in part, is provided through a competitive total rewards package. This package includes competitive base pay, performance-based incentive pay, comprehensive health and welfare benefits, a 401(k) savings plan with profit sharing, and generous paid time off programs. We also offer flexible work arrangements to promote work-life balance. Recognized as one of the Best and Brightest® Companies to Work For in the Nation and one of Business Insurance magazine's Best Places to Work in Insurance, we provide a workplace that fosters excellence and professional growth. If you are looking for a collaborative and rewarding career, Amerisure is looking for you.
Amerisure Mutual Insurance Company is an Equal Employment Opportunity employer. Amerisure provides equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (to include sexual orientation and gender identity), national origin, age, disability, genetic information, veteran status, or any other protected characteristic under applicable federal, state, or local laws. Amerisure complies with all applicable laws governing nondiscrimination in employment in all locations where the company operates. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Amerisure prohibits harassment or discrimination of any kind and is committed to maintaining a workplace free from unlawful harassment or discrimination. Amerisure prohibits retaliation against anyone who reports discrimination, participates in an investigation, or opposes unlawful practices. Any improper interference with an employee's ability to perform their job duties may result in disciplinary action, up to and including termination.

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