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Sr Risk Analyst Jobs in Michigan (NOW HIRING)

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Sr Risk Analyst information

See Michigan salary details

$46.6K

$95.7K

$124.2K

How much do sr risk analyst jobs pay per year?

As of Sep 12, 2026, the average yearly pay for sr risk analyst in Michigan is $95,741.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,900.00 and $119,400.00 per year, depending on experience, location, and employer.

What does a Sr Risk Analyst do?

A Sr Risk Analyst is responsible for identifying, assessing, and mitigating risks that could impact an organization's operations or financial performance. They analyze data, create risk models, and provide recommendations to help companies make informed decisions and maintain compliance with regulations. Senior Risk Analysts often work closely with management and various departments to implement risk management strategies and ensure the company’s risk exposure is within acceptable limits.

How does a Sr Risk Analyst typically collaborate with other departments to manage enterprise risks?

As a Sr Risk Analyst, collaboration with various departments—such as compliance, audit, finance, and operations—is essential to identify, assess, and mitigate organizational risks. You will often facilitate risk workshops, communicate findings to department heads, and provide guidance on risk mitigation strategies. Regular cross-functional meetings and reporting help ensure risks are understood and addressed at all levels, making strong communication and relationship-building skills vital for success in this role.

What are the key skills and qualifications needed to thrive as a Sr Risk Analyst, and why are they important?

To thrive as a Sr Risk Analyst, you need strong analytical skills, experience in risk assessment methodologies, and a background in finance, economics, or a related field, often supported by relevant certifications such as FRM or CFA. Proficiency in data analysis tools like Excel, SQL, SAS, or Python, as well as risk management software, is typically required. Excellent communication, critical thinking, and problem-solving skills help you convey risk insights and collaborate effectively with stakeholders. These competencies enable accurate risk identification and mitigation, supporting sound decision-making and regulatory compliance.

What is the difference between Sr Risk Analyst vs Risk Analyst?

AspectSr Risk AnalystRisk Analyst
Required CredentialsBachelor's degree, relevant certifications (e.g., FRM, CRM), 3+ years experienceBachelor's degree, certifications optional, 1-3 years experience
Work EnvironmentFinancial institutions, insurance companies, corporate risk departmentsFinancial firms, consulting agencies, insurance companies
Employer & Industry UsageUsed in larger organizations with complex risk management needsCommon in smaller firms or entry-level roles

The main difference between a Sr Risk Analyst and a Risk Analyst lies in experience, responsibilities, and seniority. A Sr Risk Analyst typically has more years of experience, advanced certifications, and handles more complex risk assessments. They often lead projects and mentor junior staff, whereas Risk Analysts focus on data collection, analysis, and supporting risk management processes. Both roles are vital in risk management teams, but the senior role involves greater responsibility and strategic input.

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

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

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

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

Infographic showing various Sr Risk Analyst job openings in Michigan as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 16% Part Time, and 2% Contract. Highlights an 85% Physical, 5% Hybrid, and 10% Remote job distribution, with an average salary of $95,741 per year, or $46 per hour.

Senior Risk Analyst, Assurance & Risk Advisory (Internal Audit) - remote

Portage, MI • On-site, Remote

Stryker
Medical Equipment and Supplies Manufacturing • 10K+ employees

$83K - $133K/yr

Full-time

Posted 11 days ago


Key responsibilities

  • Execute audit projects, including SOX testing, focusing on internal controls over financial reporting.

  • Identify and assess risks, evaluating controls for compliance with industry standards and regulations.

  • Draft clear, concise reports outlining findings, remediation actions, and project outcomes.


Stryker rating

8.2

Company rating: 8.2 out of 10

Based on 112 frontline employees who took The Breakroom Quiz


Job description

Work Flexibility: Remote or Hybrid or Onsite

Why ARA at Stryker?

Our team is growing, and we are seeking someone with financial and audit expertise and acumen. Are you interested in improving risk management, controls, and governance processes? As a member of our Assurance and Risk Advisory (ARA) function, you will play a key role in delivering value to the business and supporting strategic objectives. You'll join a dynamic, global team that drives impact through customer focus and innovation.

As the Senior Risk Analyst, you will be responsible for executing audits and testing internal controls. This role requires knowledge of technical accounting, audit concepts, and key business processes that impact financial reporting.

This role offers 100% remote or hybrid flexibility. Candidates who live within 50 miles of our Flower Mound, TX; Portage, MI; or Mahwah, NJ locations will be expected to work from the office one day per week.

The ideal candidate will reside within the Eastern or Central time zones to best support the needs of the team.

What You Will Do

  • Execute audit projects, including SOX testing, with a focus on internal controls over financial reporting.

  • Identify and assess risks, evaluating controls for compliance with industry standards and regulations.

  • Provide insights on financial assurance standards, regulations, and emerging risks.

  • Recommend improvements to enhance financial and operational processes and control effectiveness.

  • Collaborate with cross-functional teams on audits and team initiatives.

  • Leverage digital tools to improve audit execution and continuously develop technical skills.

  • Draft clear, concise reports outlining findings, remediation actions, and project outcomes.

What You Need

Required:

  • Bachelor's degree in accounting, finance, or related field

  • Minimum 2 years of relevant experience, ideally in public accounting or a finance/audit role at a large public company

  • Understanding of technical accounting and audit concepts.

  • Knowledge of internal audit methodologies and practices.

  • Familiarity with key business processes impacting financial reporting (e.g., inventory, procure-to-pay)

Preferred:

  • CPA, CIA, or similar certifications

  • Big 4 experience

United States of America Pay Ranges:

  • USN: $69,500 - $110,900 USD Annual
  • US5: $73,000 - $116,400 USD Annual
  • US10: $76,500 - $122,000 USD Annual
  • US15: $79,900 - $127,500 USD Annual
  • US20: $83,400 - $133,100 USD Annual

View the U.S. work location and transparency guide to find the pay range for your location.

Travel Percentage: 20%Stryker Corporation is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, or protected veteran status. Stryker is an EO employer - M/F/Veteran/Disability.Stryker Corporation will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information.

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