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Senior Credit Risk Manager Jobs in Detroit, MI (NOW HIRING)

Commercial Alliance

Senior Credit Analyst

Troy, MI

SENIOR CREDIT ANALYST Commercial Alliance provides a comprehensive suite of lending services ... Familiarity with regulatory requirements and industry best practices in credit risk management ...

Huntington

Credit Review Team Leader - Consumer

Detroit, MI · On-site +1

$93K - $189K/yr

Identify and communicate emerging risk issues to enhance credit risk management practices across the enterprise. * Through contribution to Credit Review leadership presentations, provide senior ...

Huntington

Credit Review Team Leader - Consumer

Detroit, MI · On-site +1

$93K - $189K/yr

Identify and communicate emerging risk issues to enhance credit risk management practices across the enterprise. * Through contribution to Credit Review leadership presentations, provide senior ...

Huntington

Credit Review Team Leader Sr

Detroit, MI · On-site

$125K - $255K/yr

Credit Review Team Leader Sr. The Credit Review Team Leader Sr. will report directly to the Credit ... As part of the respective credit risk focus area, develop and manage a credit review program which ...

Huntington

Credit Review Team Leader Sr

Detroit, MI · On-site +1

$125K - $255K/yr

The Credit Review Team Leader Sr. will report directly to the Credit Review Director or Credit ... As part of the respective credit risk focus area, develop and manage a credit review program which ...

Huntington

Credit Review Team Leader Sr

Detroit, MI · On-site +1

$125K - $255K/yr

The Credit Review Team Leader Sr. will report directly to the Credit Review Director or Credit ... As part of the respective credit risk focus area, develop and manage a credit review program which ...

People Driven Credit Union

Risk Manager

Southfield, MI · On-site

$71K - $89K/yr

As our Risk Manager, you'll play a critical role in protecting the financial strength, reputation, and people of our credit union. This is an opportunity for a proactive, analytical professional to ...

People Driven Credit Union

Risk Manager

Southfield, MI

$71K - $89K/yr

As our Risk Manager, you'll play a critical role in protecting the financial strength, reputation, and people of our credit union. This is an opportunity for a proactive, analytical professional to ...

People Driven Credit Union

Risk Manager

Southfield, MI · On-site

$71K - $89K/yr

As our Risk Manager, you'll play a critical role in protecting the financial strength, reputation, and people of our credit union. This is an opportunity for a proactive, analytical professional to ...

Socket.dev

Senior Fraud Risk Manager

Detroit, MI · On-site

$67 - $140/hr

As the Senior Fraud Risk Manager, you'll drive the design and execution of fraud and identity ... credit risk management, or related fields with a focus on personal loans, or related lending ...

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI · On-site

This position leads credit underwriting, approval, and portfolio oversight across commercial ... trends, risk metrics, and exception reporting to senior management and committees * Support ...

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI

This position leads credit underwriting, approval, and portfolio oversight across commercial ... trends, risk metrics, and exception reporting to senior management and committees * Support ...

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI · On-site

This position leads credit underwriting, approval, and portfolio oversight across commercial ... trends, risk metrics, and exception reporting to senior management and committees * Support ...

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All JobsCredit Risk JobsSenior Credit Risk Manager JobsSenior Credit Risk Manager Jobs in Detroit, MI

Senior Credit Risk Manager information

See Detroit, MI salary details

$22.3K

$117.1K

$207.9K

How much do senior credit risk manager jobs pay per year?

As of Aug 26, 2026, the average yearly pay for senior credit risk manager in Detroit, MI is $117,072.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,700.00 and $143,500.00 per year, depending on experience, location, and employer.

What are some typical challenges a senior credit risk manager faces in balancing risk and business growth?

A Senior Credit Risk Manager often faces the challenge of maintaining a prudent risk profile while supporting the organization's growth targets. This involves analyzing complex financial data, setting appropriate credit limits, and developing risk models that reflect current market conditions. Balancing regulatory compliance with commercial objectives and collaborating with sales, underwriting, and compliance teams to ensure sound credit decisions is key. Effective communication and negotiation skills are essential when advising senior leadership on potential exposures and strategic moves.

What are the key skills and qualifications needed to thrive as a senior credit risk manager, and why are they important?

To excel as a Senior Credit Risk Manager, you need strong analytical skills, deep knowledge of credit risk assessment, and typically a degree in finance, economics, or a related field. Expertise with risk management software (such as SAS, Moody's Analytics, or SQL), financial modeling tools, and relevant certifications like FRM or CFA is highly valued. Exceptional communication, leadership, and decision-making abilities are important soft skills for managing teams and collaborating across departments. These skills and qualifications are crucial for accurately assessing credit risk, ensuring regulatory compliance, and safeguarding an organization's financial health.

What is the difference between Senior Credit Risk Manager vs Credit Analyst?

AspectSenior Credit Risk ManagerCredit Analyst
Required CredentialsBachelor's degree, often advanced certifications like CFA or credit risk certificationsBachelor's degree, often in finance, economics, or related fields
Work EnvironmentStrategic, managerial, overseeing credit risk policiesAnalytical, research-focused, assessing individual credit applications
Employer & Industry UsageFinancial institutions, banks, large corporationsBanks, lending institutions, credit agencies
Common Search & ComparisonYesYes

The Senior Credit Risk Manager typically oversees credit risk strategies and manages teams, requiring advanced certifications and strategic skills. In contrast, a Credit Analyst focuses on evaluating individual credit applications and conducting detailed financial analysis. While both roles are integral to credit risk management, they differ in scope, responsibilities, and experience level.

What does a senior credit risk manager do?

A senior credit risk manager oversees the assessment and management of credit risk for an organization, analyzing borrower creditworthiness and developing strategies to minimize potential losses. They use financial analysis, credit scoring models, and risk mitigation techniques, often working with data analysis tools and regulatory compliance standards. Their role involves making high-level decisions to ensure the organization's credit portfolio remains healthy and within risk appetite.

What are popular job titles related to Senior Credit Risk Manager jobs in Detroit, MI?

For Senior Credit Risk Manager jobs in Detroit, MI, the most frequently searched job titles are:

What job categories do people searching Senior Credit Risk Manager jobs in Detroit, MI look for?

The top searched job categories for Senior Credit Risk Manager jobs in Detroit, MI are:

What cities near Detroit, MI are hiring for Senior Credit Risk Manager jobs?

Cities near Detroit, MI with the most Senior Credit Risk Manager job openings:

Senior Credit Risk Manager jobs near you
Infographic showing various Senior Credit Risk Manager job openings in Detroit, MI as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $108,205 per year, or $52 per hour.

Senior Credit Analyst

Troy, MI

Commercial Alliance
Nonresidential Properties Rental • 1 - 10 employees
Learn more about Commercial Allianceexternal

Full-time

Re-posted 3 days ago

Job description

SENIOR CREDIT ANALYST
Commercial Alliance provides a comprehensive suite of lending services designed to help credit unions succeed with business members across six states. As a Senior Credit Analyst, you will be responsible for assessing the credit worthiness of individuals and businesses seeking loans or credit lines. You will analyze financial data, evaluate risk factors, prepare credit memo write-ups, and provide recommendations regarding credit decisions. You will also review existing loans for financial performance and compliance with covenants and reassess risk ratings.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • Spread, review, and analyze financial statements, credit reports, collateral evaluations, and other relevant financial information of prospective borrowers. Prepare and underwrite credit presentations for recommendation.
  • Independently analyze new loan deal packages and assist in recommending loan structure in accordance with established policies and guidelines.
  • Evaluate the risk associated with extending credit to individuals or businesses based on factors such as income, debt levels, payment history, and market conditions.
  • Ensure compliance with company credit policies and procedures when evaluating credit applications.
  • Monitor the performance of existing credits, evaluate financial performance and covenant compliance, identify potential risks, and recommend appropriate actions per policy.
  • Stay informed about industry trends, economic indicators, and regulatory changes that may impact credit risk.
  • SBA underwriting or assistance with SBA programs or SBA packaging as LSP.
  • Perform other duties as assigned.
QUALIFICATIONS:
Required Skills/Abilities:
  • Previous experience in credit analysis.
  • Strong analytical skills with the ability to interpret financial data, lease agreements, and other contract documents.
  • Knowledge of loan structuring, financial markets, accounting principles, and credit risk assessment techniques.
  • Excellent communication and interpersonal skills.
  • Attention to detail and ability to work independently.
  • Familiarity with regulatory requirements and industry best practices in credit risk management preferred.
  • Familiarity with commercial loan documentation.
  • Conversant with advanced level accounting principles (cash/accrual basis, cost, and contractor), lending experience helpful.
  • Knowledge of and ability to read, interpret and draw accurate conclusions from financial and numerical material.
  • Ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to priority and time allocation.
  • Proficiency in Microsoft Office applications (Outlook, Teams, Excel, Word, PowerPoint).
EDUCATION AND EXPERIENCE:
Required:
  • Bachelor's degree in finance, accounting, economics, a related field, or equivalent related experience
Preferred:
  • 5+ years of commercial credit analysis experience
  • Familiarity with Abrigo or other LOS software

WHAT WE OFFER

Commercial Alliance offers exciting and challenging opportunities to thrive in a dynamic, collaborative, and innovative environment. As a member of our team, you'll benefit from a competitive salary and comprehensive benefits package. Additionally, you'll have access to unique opportunities for professional and personal growth, along with recognition and rewarding experiences.

If you are a strategic thinker with a passion for delivering exceptional products and working in a fast-paced environment, we would love to hear from you. Apply today to join our team!

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