Risk Analyst Jobs in Novi, MI
A Risk Analyst in the banking industry identifies and analyses potential risks that could negatively impact the financial performance and reputation of the bank. They use their analytical skills to examine market trends, regulatory frameworks, economic data and the bank's business strategies to assess potential risks. These risks could come from diverse sources such as credit and market risk, operational risk, and regulatory risk. They produce risk reports and present their findings to the bank's management team and suggest ways to control, reduce, or prevent these risks. They also play a critical role in formulating risk management policies and processes.
For this role, a strong background in finance, economics, or statistics is usually required. Proficiency in statistical analysis software and data analysis is also critical. They should have good communication skills as they often need to present complex risk assessments to non-experts. Many employers prefer candidates with professional certifications such as the Financial Risk Manager (FRM) or the Professional Risk Manager (PRM). Before becoming a Risk Analyst, a person might have roles such as a Financial Analyst, Credit Analyst, or Data Analyst.
- Ann Arbor, MI (21 miles from Novi, MI)
- 3 days ago
- Ann Arbor, MI (21 miles from Novi, MI)
- 3 days ago
MBA or similar advance degree or coursework is a plus. 3 years relevant experience is required with a preference for direct credit analysis experience in a commercial lending environment or financial...
Responsible for supporting the Credit Administration team in analyzing credit and collateral information to determine risk involved in lending money to customers....
Credit Portfolio Analyst Location: CityScape What you'll do: As a Credit Portfolio Risk Analyst you'll be responsible for enhancing portfolio credit risk management objectives through delivery of data...
Retail Credit Analyst- TDAF (US) Retail Credit Analyst- TDAF (US)
- Southfield, MI (12 miles from Novi, MI)
- 15 days ago
- Southfield, MI (12 miles from Novi, MI)
- 15 days ago
Retail Credit Analyst- TDAF (US) TD Bank 4.1 ( ) Southfield, MI Why you should apply for a job to TD Bank : Ranked as one of the 4.1/5 in overall job satisfaction 4.8/5 in supportive management...
Interest Rate Risk Analyst - Vice President
- Farmington Hills, MI (6 miles from Novi, MI)
- 16 days ago
- Farmington Hills, MI (6 miles from Novi, MI)
- 16 days ago
Interest Rate Risk Analyst The Interest Rate Market Risk Analyst is responsible for providing guidance and assessing the risks associated with interest rate changes within an organization's portfolio...
- Farmington Hills, MI (6 miles from Novi, MI)
- 17 days ago
- Farmington Hills, MI (6 miles from Novi, MI)
- 17 days ago
Sr Market Risk Analyst The Sr Market Risk Analyst is responsible for providing guidance and assessing the risks associated with Capital Markets-related market risk....
- Farmington Hills, MI (6 miles from Novi, MI)
- 22 days ago
- Farmington Hills, MI (6 miles from Novi, MI)
- 22 days ago
Interest Rate Risk Analyst The Interest Rate Market Risk Analyst is responsible for providing guidance and assessing the risks associated with interest rate changes within an organization's portfolio...
Retail Credit Analyst- TDAF (US)
- Southfield, MI (12 miles from Novi, MI)
- 23 days ago
- Southfield, MI (12 miles from Novi, MI)
- 23 days ago
Work Location: Southfield, Michigan, United States of America Hours: 40 Pay Details: $25.00 - $27.50 USD TD is committed to providing fair and equitable compensation opportunities to all...
Credit Product Analyst - Credit Products
- Ann Arbor, MI (21 miles from Novi, MI)
- 30+ days ago
- Ann Arbor, MI (21 miles from Novi, MI)
- 30+ days ago
SUMMARY: Support the Bank's credit and commercial lending functions by actively underwriting commercial requests, modifications, and conducting line of credit and annual portfolio reviews while working...
- Auburn Hills, MI (16 miles from Novi, MI)
- 30+ days ago
- Auburn Hills, MI (16 miles from Novi, MI)
- 30+ days ago
Stellantis Financial Services (SFS) is the new captive finance company for one of the world's leading automakers and a mobility provider with iconic brands including Abarth, Alfa Romeo, Chrysler,...
Business and Reporting Risk Analyst - Governance Location: CityScape What you'll do: As a First Line Risk & Control Office (1RCO) Governance Analyst you'll work within the bank's first line of defense...
- Troy, MI (21 miles from Novi, MI)
- 30+ days ago
- Troy, MI (21 miles from Novi, MI)
- 30+ days ago
Thorough knowledge of commercial lending practices and industry standards Exceptional organization, time management and follow-up skills....
BRCO Third Party Risk Analyst - Payments
- Farmington Hills, MI (6 miles from Novi, MI)
- 30+ days ago
- Farmington Hills, MI (6 miles from Novi, MI)
- 30+ days ago
BRCO Third-Party Risk Analyst The Business Risk and Control Officers (BRCOs) play a pivotal role in guiding the business to identify and understand risk exposures and the controls needed which are integral...
- Ann Arbor, MI (21 miles from Novi, MI)
- 60+ days ago
- Ann Arbor, MI (21 miles from Novi, MI)
- 60+ days ago
Regularly reviews compliance with all applicable laws and regulations relating to the commercial lending function and internal loan policy....
Demographic Data for Novi, MI
Moving to Novi, MI? Find some basic demographic data about Novi, MI below.
Risk Analyst Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job title
Salary for Risk Analyst Jobs in Novi, MI
Required or preferred licenses and certifications for Risk Analyst positions.
Highest Education Level
Risk Analysts in Novi, MI offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Risk Analyst position
- Spreadsheets
- Presentation
- Statistical Analysis System
- Commercial Real Estate
- Fixed Income
- Regulatory Reporting
- Reimbursement
- Derivatives
- Comprehensive Capital Analysis and Review
- Financial Statement Analysis
- Loan Origination
- Lending
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Loan Review
- Commercial Lending
- BSA
- Automated Clearing House
- Private Banking
- Treasury
- OFAC
- Financial Services
- Credit Analysis
- Cash Flow Analysis
- Capital Markets
- Underwriting
- Anti-Money Laundering
- Financial Statements
- Fraud Investigation
- Portfolio Management
- Appraisal
- Risk Analysis
- Due Diligence
- Financial Analysis
- Real Estate
- Risk Management
- Finance
- Strategy Development
- Decision Making
- Analytical Skills
- Auditing
- Accounting
- Written Communication
- Documentation
- Verbal Communication
- Mentoring
- Reporting
- Collaboration
- Filing
- Policy Development
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Research Skills
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Risk Analyst Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »