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Director Credit Risk Jobs in Muskegon, MI (NOW HIRING)

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns ... Participate in the opening/closing process of the Financial Center or Bank Mart as directed by the ...

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns ... Participate in the opening/closing process of the Financial Center or Bank Mart as directed by the ...

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns ... Participate in the opening/closing process of the Financial Center or Bank Mart as directed by the ...

... high risk coastal and riverine missions, gather reconnaissance, and deliver precision fires in ... conduct direct action raids against enemy shipping and waterborne traffic; integrate with and ...

... high risk coastal and riverine missions, gather reconnaissance, and deliver precision fires in ... conduct direct action raids against enemy shipping and waterborne traffic; integrate with and ...

... high risk coastal and riverine missions, gather reconnaissance, and deliver precision fires in ... conduct direct action raids against enemy shipping and waterborne traffic; integrate with and ...

... high risk coastal and riverine missions, gather reconnaissance, and deliver precision fires in ... conduct direct action raids against enemy shipping and waterborne traffic; integrate with and ...

... high risk coastal and riverine missions, gather reconnaissance, and deliver precision fires in ... conduct direct action raids against enemy shipping and waterborne traffic; integrate with and ...

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Director Credit Risk information

See Muskegon, MI salary details

$76.3K

$141.2K

$272.4K

How much do director credit risk jobs pay per year?

As of Aug 11, 2026, the average yearly pay for director credit risk in Muskegon, MI is $141,214.00, according to ZipRecruiter salary data. Most workers in this role earn between $94,400.00 and $169,800.00 per year, depending on experience, location, and employer.

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 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 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 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 popular job titles related to Director Credit Risk jobs in Muskegon, MI? For Director Credit Risk jobs in Muskegon, MI, the most frequently searched job titles are:
What job categories do people searching Director Credit Risk jobs in Muskegon, MI look for? The top searched job categories for Director Credit Risk jobs in Muskegon, MI are:
What cities near Muskegon, MI are hiring for Director Credit Risk jobs? Cities near Muskegon, MI with the most Director Credit Risk job openings:

Volunteer Associate Board Member

HARBORLIGHT CREDIT UNION

Whitehall, MI • On-site

Full-time

Re-posted 21 days ago


Job description

Description

POSITION SUMMARY

Associate Directors play an essential role in preparing for Board of Directors' succession. When a Director position becomes available, the Board's Nominating Committee prioritizes filling that opening with someone from the Associate Director program. Associate Directors are fully engaged in board meetings, strategic planning, and all governance activities; however, they do not have voting rights on decisions made by the Board of Directors.  


ESSENTIAL FUNCTIONS AND DUTIES

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

GOVERNANCE & STRATEGY

  • Establish and uphold the credit union's mission, vision, and core values.
  • Review and monitor strategic plans, goals, and policies.
  • Hire, evaluate, support, and (if necessary) replace the CEO/Manager.

FINANCIAL OVERSIGHT

  • Approve annual budgets, major expenditures, and capital plans.
  • Review and understand financial statements, audits, and key performance indicators.
  • Ensure appropriate internal controls and financial safeguards are in place.

RISK & COMPLIANCE

  • Oversee risk management, including credit, operational, and reputational risk.
  • Ensure compliance with NCUA regulations, state laws, and other applicable requirements.
  • Review examination reports and ensure corrective actions are taken when needed. 

MEMBER & COMMUNITY FOCUS

  • Act in the best interests of the membership.
  • Support policies that promote member service, inclusion, and financial well-being. 
  • Serve as an ambassador for the credit union within the community.

BOARD PARTICIPATION

  • Attend and actively participate in board and committee meetings. 
  • Serve on committees as assigned (e.g., Audit, ALCO, Governance).
  • Engage in ongoing board education and training. Attend educational opportunities as needed or required.
  • Will receive a designated budget amount from HarborLight CU to be used towards education and/or technology as approved by board of directors. 

FIDUCIARY DUTIES

The board of directors has a fiduciary duty to act in the best interests of the credit union and its members, as described in the by-laws.

Board members are expected to uphold:

  • Duty of Care- make informed, thoughtful decisions
  • Duty of Loyalty- act in the best interest of the credit union, avoiding conflicts
  • Duty of Obedience- ensure adherence to laws, regulations, and bylaws. 


Requirements

QUALIFICATIONS

Required Skills and Experience:

  • Commitment to the credit union philosophy and cooperative principles.
  • Integrity, sound judgement, and confidentiality.
  • Ability to understand financial and operational information (training provided if needed)
  • Willingness to devote time for meetings, preparation, and training. 
  • Experience in finance, business, legal, compliance, HR, IT, or community leadership is a plus. 

POSITION REQUIREMENTS

This voluntary Board of Directors position requires commitment to participate in typical monthly board meetings, review meeting materials in advance, and attend additional committee, training, education, or strategic planning sessions as assigned. Associate Directors do not hold operational authority over staff; instead, authority is exercised collectively with fellow board members in accordance with the organization's bylaws and established policies. Associate Board members serve a term of one year.


ADITIONAL ELIGIBILITY QUALIFICATIONS

Must be eligible to work in the U.S. Sponsorship is not available. A valid state issued ID and reliable transportation are also necessary for this position.