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Director Credit Risk Jobs in Michigan (NOW HIRING)

As a Credit Analyst you will evaluate the risk of commercial loans by analyzing and preparing presentations for Officers, Loan Committee, and Board of Directors meetings. This position requires ...

... risk and delivering stakeholder value. Doeren Mayhew is seeking a Senior Manager to help lead ... Financial institutions experience required with direct credit union experience preferred. * Strong ...

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... risk and delivering stakeholder value. Doeren Mayhew is seeking a Senior Manager to help lead ... Financial institutions experience required with direct credit union experience preferred. * Strong ...

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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 Aug 21, 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 cities in Michigan are hiring for Director Credit Risk jobs?

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

Infographic showing various Director Credit Risk job openings in Michigan as of August 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 Analyst

Range Bank

Marquette, MI • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 23 days ago


Range Bank rating

8.9

Company rating: 8.9 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

12th of 171 rated banks


Job description

We are looking for an experienced Credit Analyst to work with our growing team! As a Credit Analyst you will evaluate the risk of commercial loans by analyzing and preparing presentations for Officers, Loan Committee, and Board of Directors meetings. This position requires working in-person at our Marquette office.
About Range Bank
We are a community bank that has been established since 1887. We believe in the core values of respect, ownership, community, strength, and knowledge and are looking for someone who shares those same values.
Primary Responsibilities
  • Assist in the recording and tracking of Business Banking client financial statements.
  • Input and review financial statement data.
  • Assist with various business credit underwriting functions such as:
    • Preparation of credit presentations/reviews
    • Financial, collateral, borrower, and industry analysis
    • Appraisal reviews and internal real estate evaluations
    • Identification of exceptions to loan policy
    • Borrower and loan grading
  • Business Banker and Portfolio Manager support
  • Monthly loan portfolio reporting, including Problem Loan Reporting.
  • Creation of and maintenance of reports for Business Banking on an as needed basis.
  • Adheres to Range Bank policies and procedures.
  • Upholds the highest level of confidentiality and cyber security awareness.

Minimum Requirements
  • College degree in finance, accounting or a related field OR equivalent experience in a comparable position
  • 1-2 years experience as a Credit Analyst or similar experience
  • Exceptional customer service/interpersonal skills
  • Proficiency in current technology and Microsoft Office.
  • High degree of accuracy.
  • Ability to multi-task and perform duties without specific direction, given adequate guidelines. Apply good judgment in decision-making.

Preferred Qualifications
  • Prior experience in the banking industry
  • Some college education or degree in a related field

Full Time Benefits include:
  • Paid time off (2 weeks to start)
  • Volunteer time off (1 day per year)
  • Paid holidays (9.5 days per year)
  • Health insurance through Blue Cross Blue Shield of Michigan
  • Telehealth with $0 copay
  • HSA plan options, including employer contribution
  • Vision
  • Dental
  • 401(k) retirement plan with up to 6% match (after 1 year)
  • Short term disability insurance (paid 100% by company)
  • Long term disability insurance (paid 100% by company)
  • Life insurance (paid 100% by company)
  • Voluntary life insurance
  • Employee Assistance Program
  • Employee Stock Purchase Plan

This job description reflects management's assignment of essential functions; and nothing in this herein restricts management's right to assign or reassign duties and responsibilities to this job at any time.

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