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Freelance Credit Risk Modeling Jobs in Michigan (NOW HIRING)

Conduct initial pricing analysis and generate relationship pricing models. * Draft initial deal ... Financial and credit risk analysis * U.S. economy and regulatory environment * Sales and business ...

Conduct initial pricing analysis and generate relationship pricing models. * Draft initial deal ... Financial and credit risk analysis * U.S. economy and regulatory environment * Sales and business ...

Preferred Skills Client Prospecting, Client Relationship Building, Credit Risk Analysis, Customer Engagement, Financial Analysis, Financial Modeling, Investment Banking, Public Speaking, Relationship ...

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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:
Associate Relationship Manager

Associate Relationship Manager

Fifth Third Bank

Detroit, MI • On-site

Full-time

Posted 28 days ago


Fifth Third Bank rating

7.5

Company rating: 7.5 out of 10

Based on 113 frontline employees who took The Breakroom Quiz

92nd of 149 rated banks


Job description

Make banking a Fifth Third better®
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.
GENERAL FUNCTION
The Associate Relationship Manager (ARM) partners with Relationship Managers (RMs) to support sales and servicing efforts, perform financial and risk analyses, and assist in developing client solutions. This role is designed to grow through tailored training and hands-on experience, progressing from foundational support tasks to more advanced client engagement and business development responsibilities.
ARMs are expected to demonstrate proficient financial and risk analysis capabilities, along with sales and business development acumen Critical thinking and effective prioritization are essential, especially when supporting multiple Relationship Managers or other internal partners. At the core of the ARM role is a commitment to continuous learning and progressive skill development. This includes gaining a deep understanding of the bank's products and services, building sales and client engagement competencies, identifying new revenue opportunities through prospecting, applying consultative selling strategies, and advancing proposals through the sales cycle.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Sales & Client Support:
  • Partner with RMs to support sales and servicing activities.
  • Assist in identifying and qualifying prospects through industry and client research.
  • Create and maintain client management records in iris, including client profiles and opportunity pipelines.
  • Prepare and contribute to client presentations and proposals.
  • Attend and actively participate in client meetings and presentations.
  • Collect and input KYC due diligence information.
  • Conduct initial pricing analysis and generate relationship pricing models.
  • Draft initial deal screens and opportunity memos.

Business Development
  • Engage in direct client contact to support relationship development.
  • Identify new business opportunities and apply consultative selling strategies.
  • Conduct initial outreach to prospective clients and facilitate introductions to Relationship Managers.
  • Support Relationship Managers in the negotiation, advancement and closure of proposals.

Learning & Development
The ARM role is guided by a curated learning curriculum and skill development pathway, which includes:
  • Structured onboarding and training in commercial banking solutions.
  • Access to internal learning platforms in finance, credit analysis, and relationship management.
  • Coordinated access to experienced Relationship Managers and senior leaders who serve as trained coaches, providing guidance and support for professional development.
  • Opportunities to participate in cross-functional projects and client engagements.
  • Regular performance feedback and career planning discussions.

MINIMUM KNOWLEDGE, SKILLS & ABILITIES:
  • Bachelor's degree in Business (e.g., Finance, Accounting, Business Administration), Liberal Arts or equivalent work experience preferred.
  • 1-2+ years of experience in commercial banking, financial services or client-facing sales rolee, or accounting.
  • Novice to proficient knowledge of:
  • Financial and credit risk analysis
  • U.S. economy and regulatory environment
  • Sales and business development practices
  • Commercial lending practices and corporate legal structures
  • Understanding of local/regional market dynamics preferred.
  • Strong verbal and written communication skills, including negotiation and presentation abilities.
  • Effective problem-solving and analytical skills; self-driven with demonstrated ability to take ownership of multiple priorities.
  • Proficiency in Microsoft Office Suite.

WORKING CONDITIONS
  • Standard office environment with minimal exposure to noise, dust, or temperature variations.
  • Minimal travel required.
Associate Relationship Manager
At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.
The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.
Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.
LOCATION -- Detroit, Michigan 48226
Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

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About Fifth Third Bank

Sourced by ZipRecruiter

Fifth Third Bank, National Association established in 1858, is a diversified financial services company headquartered in Cincinnati, Ohio. Fifth Third is among the largest money managers in the Midwest. It operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Cincinnati, OH, US

Year founded

1858