Risk Analyst Jobs in Michigan

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.

1-15 of 16 Jobs

Associate Equity & Debt Analyst

  • Grand Rapids, MI
  • 2 days ago
  • Grand Rapids, MI
  • 2 days ago

Job Title: Associate Equity & Debt Analyst Department: Finance, Capital Markets Reports To: Finance Manager Location: Hybrid (on-site 4 days; 1 day remote each week) at our Studio Park Corporate...

Credit Analyst

  • Traverse City, MI
  • 3 days ago
  • Traverse City, MI
  • 3 days ago

Reporting to the VP/FVP Commercial Credit Officer, your primary role will be to perform comprehensive commercial loan credit analysis....

Security Risk Management Analyst

  • Lansing, MI
  • 4 days ago
  • Lansing, MI
  • 4 days ago

Security Risk Management Analyst CVS Health - 3.2 Lansing, MI Job Details Full-time $64,890 - $173,040 a year 6 hours ago Benefits Employee stock purchase plan Health insurance Flexible spending...

Credit Analyst, Commercial Real Estate (CRE)

  • Novi, MI
  • 4 days ago
  • Novi, MI
  • 4 days ago

Responsible for supporting the Credit Administration team in analyzing credit and collateral information to determine risk involved in lending money to customers....

Quality Assurance/ Risk Management Specialist

  • Watersmeet, MI
  • 4 days ago
  • Watersmeet, MI
  • 4 days ago

The Lac Vieux Desert Health Center (LVDHC) Continuous Quality Improvement and Assurance Program aims to have an organized system in place with a continual goal to strive for excellence. This...

Information Security Governance Risk Compliance Analyst - 2696

  • Detroit, MI
  • 7 days ago
  • Detroit, MI
  • 7 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...

Senior Credit Analyst

  • Marquette, MI
  • 14 days ago
  • Marquette, MI
  • 14 days ago

Assist with the Loan Review function to ensure appropriate credit grading, including but not limited to credit analysis and documentation review....

Credit Analyst

  • Kalamazoo, MI
  • 15 days ago
  • Kalamazoo, MI
  • 15 days ago

or committee based on credit analysis....

Senior Commercial Credit Analyst

  • Grand Rapids, MI
  • 20 days ago
  • Grand Rapids, MI
  • 20 days ago

Key Responsibilities: Perform detailed credit analysis and risk assessments on new and existing commercial loan proposals....

Capital Risk Analyst

  • Detroit, MI
  • 21 days ago
  • Detroit, MI
  • 21 days ago

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 planning processes and...

Remote Work

Senior Risk & Compliance Analyst

  • Lansing, MI
  • 22 days ago
  • Lansing, MI
  • 22 days ago

Company : Highmark Health Job Description : JOB SUMMARY *This is a Hybrid role and will require you to be onsite at either our Pittsburgh, PA location, Camp Hill, PA location or Buffalo, NY...

Credit Analyst

  • Ann Arbor, MI
  • 27 days ago
  • Ann Arbor, MI
  • 27 days ago

Preparing timely and insightful credit analysis applications for a diverse, medium to high complexity and sophisticated portfolio of commercial & industrial, commercial real estate and private banking...

Credit Analyst Fenton Support Center

  • Fenton, MI
  • 30+ days ago
  • Fenton, MI
  • 30+ days ago

Job Type Full-time Description General Summary Performs a variety of commercial loan support services, including numerous duties which facilitate and safeguard the lending function....

Risk Management Analyst

  • Lansing, MI
  • 30+ days ago
  • Lansing, MI
  • 30+ days ago

A career at Auto-Owners is challenging and rewarding. Our group of caring associates create financial security by helping individuals and businesses make a new start when a loss occurs. Job...

Remote Work

Liquidity Risk Analyst

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

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

Demographic Data for Michigan

Moving to Michigan? Find some basic demographic data about Michigan below.


Local
National
10,077,306
222,152

Risk 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.
Data Analyst
This eight-course Professional Certificate from IBM prepares you with job-ready skills for an entry level data analyst role. Position yourself competitively and power your data analyst career for...
Cybersecurity Analyst
Get started in the exciting field of Cybersecurity with this IBM Cybersecurity Analyst Professional Certificate! Here you will learn all the important skills you need in order to become a...
Risk & Return
Learn how to measure the risk and return of equity and debt; and compute the weighted average of cost of capital. In this course, you will learn to estimate the expected return of equity and debt....

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Salary for Risk Analyst Jobs in Michigan

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 Risk Analyst positions.



Highest Education Level

Risk Analysts in Michigan offer the following education background
Bachelor's Degree
44.0%
Master's Degree
24.0%
High School or GED
12.0%
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 Risk Analysts in Michigan
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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