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Freelance Credit Risk Modeling Jobs in Michigan (NOW HIRING)

Credit Risk Specialist

Troy, MI ยท On-site

$71K - $98K/yr

Inform the allowance for credit loss model development and also support the CECL subcommittee ... Support the bank's Credit Risk Management functions by continuously monitoring credit quality and ...

Risk Analyst

Detroit, MI ยท Hybrid

$95K - $110K/yr

A growing auto finance company building out its credit risk team. What: Analyze and forecast ... Hybrid model (up to 2 days in office if transitioned), not posted as remote. Salary: $95,000-$110 ...

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 ...

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 ...

Hybrid work model may be available for some positions. What you will be doing: * Review the list of ... Review Credit Risk Monitor portfolio and provide and updated list * Investigates past due invoices ...

Hybrid work model may be available for some positions. What you will be doing: * Review the list of ... Review Credit Risk Monitor portfolio and provide and updated list * Investigates past due invoices ...

The Credit Analyst I is primarily responsible for partnering with Portfolio Managers, supporting ... Responsible for developing risk models and advising PMs of unforeseen obstacles that may impede ...

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Freelance Credit Risk Modeling information

What are the key skills and qualifications needed to thrive as a Freelance Credit Risk Modeler, and why are they important?

To thrive as a Freelance Credit Risk Modeler, you need a strong background in statistics, quantitative finance, and data analysis, typically supported by a degree in finance, mathematics, or a related field. Proficiency in programming languages such as Python, R, or SAS, along with experience using risk modeling software and knowledge of regulatory frameworks like Basel III, is crucial. Excellent communication, project management, and client relationship skills help distinguish top freelancers in this role. These abilities are essential for delivering accurate risk assessments, meeting client expectations, and maintaining compliance in a dynamic financial environment.

What is freelance credit risk modeling?

Freelance credit risk modeling involves independent professionals analyzing and predicting the likelihood that borrowers or counterparties will default on financial obligations. These freelancers use statistical methods, machine learning models, and data analysis to assess credit risk for banks, lenders, or other firms. Their work helps organizations make informed lending decisions, set appropriate interest rates, and comply with regulatory requirements. Freelancers in this field may work on projects like developing credit scorecards, stress testing portfolios, or validating existing risk models.

What is the difference between Freelance Credit Risk Modeling vs Credit Analyst?

AspectFreelance Credit Risk ModelingCredit Analyst
CredentialsRelevant certifications (e.g., CFA, credit risk certifications), strong quantitative skillsTypically requires a degree in finance, economics, or related field; certifications are a plus
Work EnvironmentIndependent, project-based, remote or client-siteUsually in banks, financial institutions, or corporate offices
Industry UsageUsed by consulting firms, freelance platforms, and financial servicesEmployed directly by financial institutions or corporations
Comparison Search IntentUnderstanding freelance opportunities in credit risk modelingAssessing creditworthiness and risk for lending decisions

Freelance Credit Risk Modeling involves independent, project-based work focusing on developing risk models, often remotely. Credit Analysts work within organizations to evaluate creditworthiness, typically in a structured environment. While both roles require financial expertise and similar credentials, their work settings and employment types differ significantly.

How do freelance credit risk modelers typically collaborate with clients and other stakeholders during projects?

Freelance credit risk modelers usually work closely with client teams such as credit analysts, data engineers, and compliance officers to understand data sources, project objectives, and regulatory requirements. Communication often occurs through regular virtual meetings, progress reports, and collaborative tools to ensure transparency and alignment. Freelancers must be proactive in clarifying goals, sharing preliminary findings, and incorporating feedback to deliver models that meet both technical and business needs. Building strong client relationships and maintaining clear documentation are key to successful collaboration in this role.
What are popular job titles related to Freelance Credit Risk Modeling jobs in Michigan? For Freelance Credit Risk Modeling jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Freelance Credit Risk Modeling jobs in Michigan look for? The top searched job categories for Freelance Credit Risk Modeling jobs in Michigan are:
What cities in Michigan are hiring for Freelance Credit Risk Modeling jobs? Cities in Michigan with the most Freelance Credit Risk Modeling job openings:
Credit Risk Analyst

Credit Risk Analyst

Amerisure Mutual Insurance Company

Farmington Hills, MI โ€ข On-site

Full-time

Medical, Retirement, PTO

Posted 18 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.
We are recruiting for a Credit Risk Analyst to join our team in Farmington Hills, MI. This is a hybrid role, working 3 days in the office 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 Successยฎ 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 Brightestยฎ 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.