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Director Credit Risk Jobs in Michigan (NOW HIRING)

Carhartt

Sr. Manager, Credit

Dearborn, MI · On-site

Director, Finance - CCG/NAWS Location: Dearborn Job Classification: Hybrid FLSA Status: Exempt Job ... Create and maintain credit risk models that reflect strategic growth plans, tailored for unique ...

Carhartt

Sr. Manager, Credit

Dearborn, MI · On-site

Director, Finance - CCG/NAWS Location: Dearborn Job Classification: Hybrid FLSA Status: Exempt Job ... Create and maintain credit risk models that reflect strategic growth plans, tailored for unique ...

mfcu

Commercial Lending Director I

Midland, MI · On-site

COMMERCIAL LENDING DIRECTOR I Exempt Reports to: Chief Financial Officer The primary purpose of ... Drive sustainable portfolio growth while maintaining strong asset quality, sound credit risk ...

orsa credit union

avp/collections

Novi, MI · On-site

$103K/yr

... risk, compliance, and member experience, serving as the primary liaison between the credit ... Direct the loss mitigation team in evaluating borrower hardship cases, approving workout plans ...

UHS

DIR - RISK MANAGEMENT

Dearborn, MI

Responsibilities Director of Risk Management - Hospital Setting Metropolitan Behavioral Health (a ... Number, credit card or bank information, etc.) from you via email. Our recruiters will not email ...

UHS

DIR - RISK MANAGEMENT

Dearborn, MI

Responsibilities Director of Risk Management - Hospital Setting Metropolitan Behavioral Health (a ... Number, credit card or bank information, etc.) from you via email. Our recruiters will not email ...

UHS

DIR - RISK MANAGEMENT

Dearborn, MI

Responsibilities Director of Risk Management - Hospital Setting Metropolitan Behavioral Health (a ... Number, credit card or bank information, etc.) from you via email. Our recruiters will not email ...

UHS

DIR - RISK MANAGEMENT

Dearborn, MI

Responsibilities Director of Risk Management - Hospital Setting Metropolitan Behavioral Health (a ... Number, credit card or bank information, etc.) from you via email. Our recruiters will not email ...

UHS

DIR - RISK MANAGEMENT

Dearborn, MI · On-site

Responsibilities Director of Risk Management - Hospital Setting Metropolitan Behavioral Health (a ... Number, credit card or bank information, etc.) from you via email. Our recruiters will not email ...

Mercantile Bank

Commercial Credit Manager

Troy, MI · On-site

... directing underwriting analysis, and overseeing the preparation of loan write-ups. You will ... You will also help cultivate a strong, compliance-driven sales culture that balances risk ...

Mercantile Bank

Commercial Credit Manager

Troy, MI · On-site

... directing underwriting analysis, and overseeing the preparation of loan write-ups. You will ... You will also help cultivate a strong, compliance-driven sales culture that balances risk ...

Conveyance

Commercial Credit Manager

Troy, MI

Ensure adherence to credit policy, risk management standards, and regulatory expectations * Support ... Active leadership role with direct involvement in coaching and talent development * Opportunity to ...

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Showing results 1-20

All 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 Jun 29, 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 are some common challenges faced by a Director of 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 are the key skills and qualifications needed to thrive as a Director of Credit Risk, and why are they important?

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 does a Director of 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 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 June 2026, with employment types broken down into 100% Full Time. Highlights an 87% In-person, and 13% Remote job distribution, with an average salary of $136,243 per year, or $65.5 per hour.
Sr. Manager, Credit

Sr. Manager, Credit

Carhartt

Dearborn, MI • On-site

Other

Posted 18 days ago

Carhartt rating

8.0

Company rating: 8.0 out of 10

Based on 28 frontline employees who took The Breakroom Quiz

Job description

Position Details:
Title: Sr. Manager, Credit
Department: Accounting
Reports to: Director, Finance - CCG/NAWS
Location: Dearborn
Job Classification: Hybrid
FLSA Status: Exempt
Job Band: Manager
Job Summary
The Sr. Manager, Credit plays a critical role in the Company's financial success by establishing credit policies, optimizing risk adjusted credit portfolio performance, ensuring timely collections, overseeing resolution of customer chargebacks and enabling profitable revenue growth across the business. This role blends strategic oversight with hands-on management of credit operations, analytics, customer risk assessment, and cross-functional partnership with Sales, FP&A, Legal, IT, Distribution and Customer Care. Success in this position requires robust business acumen and a deep understanding of corporate strategies, enabling alignment of departmental objectives with broader organizational goals. The leader is accountable for leveraging artificial intelligence (AI) technologies to optimize decision-making, automate processes, and enhance team performance, while also fostering effective partnerships with Sales leadership to drive revenue growth and customer satisfaction.
Inspired by Hard Work
At Carhartt, the values of hard work-dependability, honesty, and trust-are rooted in the legacy of our founder, Hamilton Carhartt. His commitment to serving hardworking people continues to inspire everything we do. Guided by his legacy and our mission-We serve and protect all hardworking people by building durable products-we remain dedicated to upholding these principles in every decision we make and every product we create.
Associate Responsibilities
  • Lead and develop the credit, collections, and deductions/chargebacks teams, establishing clear goals, KPIs, and performance expectations aligned with the company's broader financial and strategic objectives.
  • Create and maintain credit risk models that reflect strategic growth plans, tailored for unique business unit needs, industry benchmarks, trade reporting insights, and customer relationship history-maximizing credit availability while mitigating unacceptable risk exposure.
  • Assess customer creditworthiness using advanced analytics and AI-driven scoring models. Develop credit policies that balance risk and growth opportunities, and establish clear protocols for holds, escalations, and cross-functional alignment in resolving issues.
  • Collaborate proactively with Sales leadership to align credit strategies with revenue objectives, resolve customer challenges, provide guidance on credit decisions, and benchmark customer and portfolio risk relative to industry peers. Promote open communication and joint problem-solving to enhance customer experience.
  • Drive holistic account management and portfolio health, ensuring customer balances remain within established metrics. Build and maintain policies and processes that incorporate corporate risk tolerance, industry best practices, and operational benchmarks.
  • Oversee and optimize the collections process, leveraging automation and predictive tools to prioritize accounts, anticipate payment behaviors, and improve communication efficiency. Lead cross-functional efforts with Sales, Customer Care, DC Operations, and AR to accelerate dispute resolution and improve cash conversion.
  • Ensure credit and collections operations support corporate financial strategy, integrating an understanding of company priorities and long-term goals into decision-making, policy design, and process enhancements.
  • Develop and refine cash flow forecasts to support Treasury planning. Collaborate with FP&A and Accounting on the analysis of deductions, disputes, and bad debt performance.
  • Champion the adoption of AI and automation technologies, including machine learning models, predictive analytics, AI chatbots, and RPA. Continuously evaluate and evolve department workflows to improve efficiency, accuracy, and service levels.
  • Manage the company's trade credit insurance policy, including policy administration, compliance, reporting, and claims processing with the insurer. Act as primary liaison with our third-party broker.
  • Manage relationships and negotiate contracts with third-party credit reporting services, including Dun & Bradstreet, Creditntell, and similar partners.
Required Education
  • Bachelor's degree in accounting, finance, or related field.
  • Master's degree preferred
Required Skills & Experience
  • 10+ years of experience leading credit, collections, or accounts receivable functions, including establishing customer credit lines, conducting market and industry risk assessments, and participating in credit industry associations (e.g., NACM/CRF).
  • 2-4 years of leadership experience with a track record of developing and attracting talent.
  • Strong analytical, problem-solving, and business acumen, with proficiency in AI-enabled analytics platforms and experience integrating artificial intelligence or automation technologies into credit or operational workflows.
  • Exceptional communication and presentation skills, with the ability to influence decision-making, collaborate across all levels of the organization, and independently create and deliver executive-level presentations.
  • Proven ability to operate in a fast-paced, dynamic environment, managing multiple priorities with strong attention to detail, organizational discipline, and a high degree of accountability.
  • Strong interpersonal and leadership skills, including the ability to motivate teams, influence cross-functional partners, and drive results through collaboration.
  • Experience with ERP systems, including at least two years supporting system reviews or enhancements; SAP experience preferred.
  • Industry experience in consumer goods credit management, apparel or footwear, preferred.
Physical Requirements and Working Conditions
  • Office environment, cubicle setting.
  • Extended periods of time sitting, standing, typing on a computer is required.
  • Able to work some evenings or weekends if necessary.
  • Travel required, less than 25%.
  • This position has a Hybrid location: Associate will work on-site regularly as needed for work activities.
  • Carhartt is a tobacco free workplace.

#LI-HYBRID
We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, ethnicity, disability, religion, national origin, gender, gender identity, gender expression, marital status, sexual orientation, age, protected veteran status, or any other characteristic protected by law.
All associates are required to understand and act in accordance with the Carhartt Core Values. Carhartt reserves the right to change, modify, suspend, interpret or cancel in whole or in any part, the job duties outlined above at any time and without advance notice to the employee.

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