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Junior Risk Analyst Jobs in Michigan (NOW HIRING)

Responsibilities include covenant structuring and analysis, collateral evaluation, risk rating ... Actively involved in the recruiting,training,and mentoring of junior team members to enhance their ...

... financial analysis, forward-looking risk assessment, and proactive monitoring of borrower ... May include the direct supervision and direction of the day-to-day activities of junior portfolio ...

Senior Business Analyst (AI COE)

Novi, MI · Remote

$86K - $112K/yr

... and risk assessments - to support investment decisions. * Work side by side with your FDE ... As the team scales, take onadditionalfunctional areas, mentor junior Business Analysts, and codify ...

MI · On-site

... risk * Manage analytics and reporting for internal and external stakeholders, including business unit leadership, investment committee, current and prospective clients * In collaboration with ...

Showing results 21-40

Junior Risk Analyst information

See Michigan salary details

$13

$27

$46

How much do junior risk analyst jobs pay per hour?

As of Sep 4, 2026, the average hourly pay for junior risk analyst in Michigan is $27.99, according to ZipRecruiter salary data. Most workers in this role earn between $20.10 and $30.82 per hour, depending on experience, location, and employer.

What is a junior risk analyst?

A Junior Risk Analyst is an entry-level professional responsible for identifying, assessing, and mitigating potential risks within an organization. They analyze financial data, market trends, and operational processes to help senior risk analysts and management make informed decisions. Key tasks include data collection, risk modeling, report preparation, and ensuring compliance with regulatory guidelines. Strong analytical skills, attention to detail, and knowledge of risk management principles are essential for success in this role.

What are the typical responsibilities of a junior risk analyst on a day-to-day basis?

As a Junior Risk Analyst, your daily tasks often include gathering and analyzing data related to market, credit, or operational risks, preparing risk reports, and assisting with the development of risk models. You may also support more senior analysts with research projects, help monitor compliance with risk policies, and participate in meetings to discuss findings and recommendations. Collaboration with other departments, such as finance, compliance, and operations, is common to ensure all relevant data is considered. This role provides hands-on experience in risk assessment processes and working as part of a broader risk management team, making it a great opportunity to learn and grow in the field.

What are the key skills and qualifications needed to thrive in the junior risk analyst position, and why are they important?

To thrive as a Junior Risk Analyst, you need strong analytical abilities, attention to detail, and a degree in finance, economics, mathematics, or a related field. Familiarity with risk management software, Excel, data analysis tools, and an understanding of regulatory frameworks such as Basel or SOX are beneficial, and certifications like FRM or CFA are advantageous. Effective communication, critical thinking, and a collaborative mindset are key soft skills for excelling in this role. These competencies enable you to accurately assess risks, contribute valuable insights, and work seamlessly within interdisciplinary teams to support organizational decision-making.

How much do risk analysts get paid?

Risk analysts typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn over $100,000 annually.

How to become a junior risk analyst with no experience?

To become a junior risk analyst with no experience, focus on gaining relevant skills such as data analysis, Excel, and understanding risk management concepts through online courses or certifications. Internships or entry-level positions in finance or data analysis can provide practical experience, and a bachelor's degree in finance, economics, or a related field is often required.

What are the most commonly searched types of Risk Analyst jobs in Michigan?

The most popular types of Risk Analyst jobs in Michigan are:

What are popular job titles related to Junior Risk Analyst jobs in Michigan?

For Junior Risk Analyst jobs in Michigan, the most frequently searched job titles are:

What job categories do people searching Junior Risk Analyst jobs in Michigan look for?

The top searched job categories for Junior Risk Analyst jobs in Michigan are:

What cities in Michigan are hiring for Junior Risk Analyst jobs?

Cities in Michigan with the most Junior Risk Analyst job openings:

Infographic showing various Junior Risk Analyst job openings in Michigan as of August 2026, with employment types broken down into 80% Full Time, and 20% Part Time. Highlights an 80% In-person, 7% Hybrid, and 13% Remote job distribution, with an average salary of $58,225 per year, or $28 per hour.

Senior Commercial Credit Analyst

Lake Michigan Credit Union

Grand Rapids, MI • On-site

Full-time

Medical, Dental, Vision, Retirement

Posted 18 days ago


Lake Michigan Credit Union rating

8.0

Company rating: 8.0 out of 10

Based on 28 frontline employees who took The Breakroom Quiz


Job description

Primary Location: 5540 Glenwood Hills Pkwy SE, Grand Rapids, MI 49512
Employee Status: Full-time
Workplace Type: Fully On-Site
Who we are:
At LMCU, you'll find more than just a job - discover a fulfilling career where your contributions truly matter. Join our talented team at Lake Michigan Credit Union and discover the difference an employer who puts people first can make in your career and life.
About this position:
The Senior Commercial Credit Analyst role is responsible for assessing the risk(s) of commercial loan requests, managing the administrative requirements of a commercial loan portfolio, train and mentor junior credit analyst(s), and assisting fellow credit and lending staff with commercial loan requests while adhering to the Credit Union's Member Business Loan Policy. The Senior Commercial Credit Analyst will also from time-to-time be assigned special credit specific projects to manage and complete.
What you'll do:
  • Gather and analyze financial data such as income growth, budgets, projections, cash flow, quality of management, and industry information to determine extension of credit and risks around extension of credit.
  • Assist commercial loan officers with the structuring of loans, keeping with established regulations and policies. Provide commercial loan officers with pertinent questions pertaining to the Borrower/Proposed Borrower and the subject loan request(s).
  • Provide feedback, when necessary, regarding the Member Business Loan policy and procedures. This includes preparing formal requests to waive regulations when required by loan structure.
  • Maintain administrative tracking reports to include: financial statements, covenants, and borrowing base tracking.
  • Collect and review updated financial information from existing Borrowers to reassess risk grades and for detection of any potential credit deterioration.
  • Assist in maintenance of the commercial lending referral system to include communicating with potential borrowers regarding loan structures, desired types of loans, and required information needed to consider a loan request.
  • Adhere to and champion our core values of curious minds, collaborative hearts, and continuous excellence.

What You'll bring:
  • 5+ years of commercial lending underwriting experience.
  • Bachelor's degree in Business Administration, Finance, Economics or other related business study strongly preferred.
  • Strong working knowledge of Microsoft Word and Excel is required. Must possess the ability to prepare written reports and present formal presentations. Database experience preferred.

What you'll get:
  • All Employees: weekly pay and retirement savings options.
  • Full Time Employees: comprehensive health coverage including medical (with prescription), dental, vision, HSA match, paid parental leave, and tuition reimbursement.
  • To see a full list of our benefit offerings, check out this helpful guide!

Have additional questions about the role? Email the Talent Acquisition Team at: Careers@lmcu.org
If you lack access to the internet or require an accommodation in the application process, please send your resume via mail to P.O. BOX 2848, Grand Rapids, MI 49501-2848.
LMCU is an Equal Opportunity Employer

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