Credit Analyst Jobs in Grand Rapids, 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.

1-4 of 4 Jobs

AVP Commercial Credit Analyst

  • Grand Rapids, MI
  • 1 day ago
  • Grand Rapids, MI
  • 1 day ago

commercial credit analyst experience required to be considered for a Credit Analyst III Excellent interpersonal, presentation and communication skills....

Credit Analyst

  • Grand Rapids, MI
  • 10 days ago
  • Grand Rapids, MI
  • 10 days ago

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

Sr. Risk & Compliance Analyst

  • Grand Rapids, MI
  • 11 days ago
  • Grand Rapids, MI
  • 11 days ago

Job Summary: The Senior Risk & Compliance Analyst works with the Information Security Analyst, Manager, and the Chief Information Security Officer (CISO) managing and coordinating the governance,...

Governance, Risk and Compliance Analyst - M&A

  • Grand Rapids, MI
  • 60+ days ago
  • Grand Rapids, MI
  • 60+ days ago

Job Title: Governance, Risk, & Compliance (GRC) Analyst - M&A Department: Information Security Location: Hybrid (4 days onsite, 1 remote) About Acrisure Acrisure is a global Fintech leader that...

Demographic Data for Grand Rapids, MI

Moving to Grand Rapids, MI? Find some basic demographic data about Grand Rapids, MI below.


Local
National
377,695
10,701
Large

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...
Managing Personal Cash and Credit
Discover the five cs of credit, how to improve your credit score, and how to determine if a line of credit is right for you. This course prepares you to choose the right financial institution for...

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Salary for Credit Analyst Jobs in Grand Rapids, 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 Grand Rapids, MI offer the following education background
Bachelor's Degree
44.0%
Master's Degree
24.2%
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 Grand Rapids, 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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