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Freelance Credit Risk Modeling Jobs in Detroit, MI

Fifth Third

Commercial Credit Analyst

Detroit, MI · On-site

The Credit Analyst is knowledgeable on financial and risk analysis and demonstrates proficiency in financial modeling. The Credit Analyst is expected to build proficiency in underwriting, developing ...

TD Bank Group

Risk Manager II (US)

Southfield, MI · On-site +1

$115K - $173K/yr

Risk Management The Risk Manager II manages the creation, implementation and validation of various ... and models throughout credit life cycle using statistical methodologies and machine learning ...

Td

Risk Manager II (US)

Southfield, MI · On-site

$115K - $173K/yr

Risk Management The Risk Manager II manages the creation, implementation and validation of various ... and models throughout credit life cycle using statistical methodologies and machine learning ...

KLA

Analyst, Collections

Ann Arbor, MI · On-site

$60K - $103K/yr

Group/Division KLA is well known for its high-performing business model which routinely produces ... Partner with Credit Analysts on customer financial reviews and risk assessments. Dispute Resolution

Fifth Third

Commercial Portfolio Manager II

Detroit, MI · On-site

Work closely with Credit Risk and Relationship Managers to actively manage the bank's exposure to ... Expertisein financial and risk analysis, including financial modeling. * Demonstratedexpertisein ...

Orbotech

Analyst, Collections

Ann Arbor, MI · Hybrid

$60K - $103K/yr

Group/Division KLA is well known for its high-performing business model which routinely produces ... Partner with Credit Analysts on customer financial reviews and risk assessments. Dispute Resolution

KLA Corporation

Analyst, Collections

Ann Arbor, MI · On-site

$60K - $103K/yr

Group/Division KLA is well known for its high-performing business model which routinely produces ... Partner with Credit Analysts on customer financial reviews and risk assessments. Dispute Resolution

KLA Corporation

Analyst, Collections

Ann Arbor, MI · Hybrid

$60K - $103K/yr

Group/Division KLA is well known for its high-performing business model which routinely produces ... Partner with Credit Analysts on customer financial reviews and risk assessments. Dispute Resolution

Kla

Analyst, Collections

Ann Arbor, MI · Hybrid

$60K - $103K/yr

Group/Division KLA is well known for its high-performing business model which routinely produces ... Partner with Credit Analysts on customer financial reviews and risk assessments. Dispute Resolution

AD Mortgage

Secondary Marketing Analyst

Troy, MI · On-site

Analyze the loan pipeline for interest rate risk and credit risk exposures. Track and report on fallout and pull-through rates, identifying trends and potential areas for improvement. Model and ...

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Showing results 21-40

All JobsCredit Risk Modeling JobsFreelance Credit Risk Modeling JobsFreelance Credit Risk Modeling Jobs in Detroit, MI

Freelance Credit Risk Modeling information

See Detroit, MI salary details

$121.7K

$141.8K

$183.2K

How much do freelance credit risk modeling jobs pay per year?

As of Aug 10, 2026, the average yearly pay for freelance credit risk modeling in Detroit, MI is $141,793.00, according to ZipRecruiter salary data. Most workers in this role earn between $129,500.00 and $145,100.00 per year, depending on experience, location, and employer.

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 Detroit, MI? For Freelance Credit Risk Modeling jobs in Detroit, MI, the most frequently searched job titles are:
What job categories do people searching Freelance Credit Risk Modeling jobs in Detroit, MI look for? The top searched job categories for Freelance Credit Risk Modeling jobs in Detroit, MI are:
Freelance Credit Risk Modeling jobs near you

Commercial Credit Analyst

Fifth Third

Detroit, MI • On-site

Other

Posted 6 days ago

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 Credit Analyst is primarily responsible for completing the daily duties of underwriting and monitoring credit while performing analytical activities and identifying risks or issues as needed. In addition, a Credit Analyst drafts credit approval documents and review memos for loans and other ancillary products. documents and prepare for credit reviews. The Credit Analyst is knowledgeable on financial and risk analysis and demonstrates proficiency in financial modeling.
The Credit Analyst is expected to build proficiency in underwriting, developing the ability to complete the underwriting process from beginning to end with limited oversight on increasingly complex credits. Additionally, the Credit Analyst will attend and support Portfolio Reviews as needed.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • Responsible for proactively monitoring Credit Excellence and initiating collection of financial statements for upcoming renewals and periodic reviews.
  • Prepare succinct credit approval memos with minimal errors, including company and industry descriptions, key credit risks, historical analysis, base and downside case projection assumptions/rationale and terms and conditions.
  • Complete ongoing portfolio monitoring, including covenant tracking, financial statement reviews, and run risk rating models.
  • Identify and determine monitoring analysis activities required
  • Verify covenants and define updates needed on ticklers
  • Monitor covenant completion and track past due or out of compliance covenants and recommend appropriate course of action
  • Responsible for understanding and evaluating completed spreads to determine necessary edits working in collaboration with the CCU teamworks to identify and resolve required edits or corrections
  • Generate and provide various pipeline and portfolio reporting as needed to credit leadership, portfolio managers, underwriters, relationship managers and others as needed.
  • Prepare Criticized Period Reviews reports with oversight
  • Responsible for running projection models with assumptions provided
  • Responsible for completing underwriting process with limited oversight
  • Prepares portfolio analysis and Portfolio Review materials
  • Ensure accuracy, integrity, and timeliness of credit data across internal systems and reports
  • Take appropriate action to resolve data, documentation, or analysis deficiencies and escalate questions to the appropriate level
  • Identify emerging risks or negative trends and escalate appropriately.
  • Maintain a working knowledge of Bancorp credit policies, guidelines and procedures.
  • Perform Borrowing Entity PD Ratings and Obligation LGD Ratings.
  • May assist with training and onboarding of new employees
  • May support special projects or ad hoc analysis as assigned by management
SUPERVISORY RESPONSIBILITY:
None
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
  • Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting)
  • 2+ years of Commercial Banking experience.
  • Sound Financial and risk analysis understanding, including the ability to develop financial models
  • Extensive Knowledge of banking products and services
  • Knowledge of corporate business structure and legal documents
  • General knowledge of U.S. government and regulation
  • Proficiency in internal banking applications
  • Strong verbal and written communication skills
  • Demonstrated strong problem-solving and analytical skills, with the ability to manage and prioritize multiple tasks while maintaining close attention to detail.
  • Proficient in all Microsoft Office software

Commercial Credit Analyst
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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