Credit Analyst Jobs in Farmington Hills, MI

A Credit Analyst in the banking industry evaluates and assesses the creditworthiness of potential customers, or organizations, to ascertain their ability to repay loans. They analyze financial data, including budget, income, and expenditure, and also evaluate credit histories. Credit Analysts use complex systems and software to assess and interpret financial data, so they can advise on the risk of offering credit. The role also involves preparing reports based on findings and presenting these to management.

Key skills a Credit Analyst should possess include strong analytical skills, good numerical skills, excellent communication skills, and the ability to make well-judged decisions. The Certified Credit Professional (CCP) certification is highly desirable for this role. Prior job roles that can lead to a career as a Credit Analyst include Junior Credit Analyst, Loan Officer, or Financial Analyst, where the individual can gain the necessary experience in financial analysis and credit risk assessment.

1-6 of 6 Jobs

Credit Analyst

  • Detroit, MI (20 miles from Farmington Hills, MI)
  • 4 days ago
  • Detroit, MI (20 miles from Farmington Hills, MI)
  • 4 days ago

Credit Analysis goes beyond crunching numbers and utilizing spreadsheets....

Lease Credit Analyst I

  • Detroit, MI (20 miles from Farmington Hills, MI)
  • 8 days ago
  • Detroit, MI (20 miles from Farmington Hills, MI)
  • 8 days ago

underwriting....

IT Risk and Compliance Analyst (Mid Level)

  • Detroit, MI (20 miles from Farmington Hills, MI)
  • 9 days ago
  • Detroit, MI (20 miles from Farmington Hills, MI)
  • 9 days ago

STRATEGIC STAFFING SOLUTIONS (S3) HAS AN OPENING! Strategic Staffing Solutions is currently looking for an IT Risk and Compliance Analyst for a W2 contract opportunity with one of our largest...

Information Security Governance Risk Compliance Analyst - 2696

  • Detroit, MI (20 miles from Farmington Hills, MI)
  • 22 days ago
  • Detroit, MI (20 miles from Farmington Hills, MI)
  • 22 days ago

What We Offer: Our excellent salary and benefits package includes medical, dental, vision, life insurance, short and long-term disability coverage, education reimbursement, 401(k), performance...

Sr. Capital Risk Analyst

  • Detroit, MI (20 miles from Farmington Hills, MI)
  • 30+ days ago
  • Detroit, MI (20 miles from Farmington Hills, MI)
  • 30+ days ago

Description The Sr. Capital Risk Analyst, as part of the second line capital risk function, is the lead analyst to support independent review and challenge of the CCAR stress testing and capital...

Remote Work

Liquidity Risk Analyst

  • Farmington Hills, MI
  • 60+ days ago
  • Farmington Hills, MI
  • 60+ days ago

Liquidity Risk Analyst The Liquidity Risk Analyst is responsible for assessing and monitoring the risks associated with liquidity risks within the organization. This role involves performing...

Demographic Data for Farmington Hills, MI

Moving to Farmington Hills, MI? Find some basic demographic data about Farmington Hills, MI below.


Local
National
10,077,306
222,152

Credit Analyst Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Credit Risk and Credit Analysis
Gain a solid grounding in credit risk fundamentals with the tools and techniques required to perform a credit analysis. Taught by an instructor with decades of experience in lending and credit...
Introduction to Corporate Credit
In this course, we shall provide a vivid description of most of the aspects of Corporate Credit e.g. The different types of credit available globally, the procedures involved in providing such...
An Introduction to Credit Risk Management
What is credit risk? Why is it so important, in modern economies, to correctly deal with it? This course combines theory with practice to answer these questions. Imagine that you are a bank and a...

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Salary for Credit Analyst Jobs in Farmington Hills, MI

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Credit Analyst positions.



Highest Education Level

Credit Analysts in Farmington Hills, MI offer the following education background
Bachelor's Degree
44.0%
Master's Degree
24.1%
High School or GED
11.9%
Associate's Degree
9.3%
Vocational Degree or Certification
7.3%
Doctorate Degree
1.5%
Some College
1.5%
Some High School
0.3%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Credit Analysts in Farmington Hills, MI
1-2 years
30.0%
2-4 years
25.0%
None
25.0%
4-6 years
15.0%
Less than 1 year
5.0%



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