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 32 Jobs

Specialty Banking Risk and Compliance Analyst I

  • Mason, MI
  • 1 day ago
  • Mason, MI
  • 1 day ago

SPECIALTY BANKING RISK AND COMPLIANCE ANALYST I THIS POSITION IS ELIGIBLE FOR REMOTE / HYBRID WORK. Job Summary: The Risk and Compliance Analyst is responsible for conducting initial and ongoing...

Credit Analyst II

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

Thorough knowledge of commercial lending practices and industry standards Exceptional organization, time management and follow-up skills....

Credit Analyst II

  • Ann Arbor, MI
  • 3 days ago
  • Ann Arbor, 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...

CRE Credit Analyst

  • Grand Rapids, MI
  • 3 days ago
  • Grand Rapids, MI
  • 3 days ago

Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: The...

Credit Analyst

  • Bay City, MI
  • 4 days ago
  • Bay City, MI
  • 4 days ago

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

Credit Analyst

  • Iron Mountain, MI
  • 4 days ago
  • Iron Mountain, MI
  • 4 days ago

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

Credit Analyst

  • Whittemore, MI
  • 4 days ago
  • Whittemore, MI
  • 4 days ago

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

Credit Operations Analyst

  • East Lansing, MI
  • 7 days ago
  • East Lansing, MI
  • 7 days ago

Experience: 2+ years in credit analysis, financial services, or agricultural lending is required....

Lead Governance, Risk, and Compliance Analyst

  • Grand Rapids, MI
  • 8 days ago
  • Grand Rapids, MI
  • 8 days ago

About Acrisure A global fintech leader, Acrisure empowers millions of ambitious businesses and individuals with the right solutions to grow boldly forward. Bringing cutting-edge technology and...

Senior Credit Analyst

  • Novi, MI
  • 10 days ago
  • Novi, MI
  • 10 days ago

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

  • Novi, MI
  • 10 days ago
  • Novi, MI
  • 10 days ago

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...

Credit Analyst

  • Rapid River, MI
  • 11 days ago
  • Rapid River, MI
  • 11 days ago

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

Retail Credit Analyst- TDAF (US) Retail Credit Analyst- TDAF (US)

  • Southfield, MI
  • 15 days ago
  • Southfield, 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
  • 16 days ago
  • Farmington Hills, 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...

Senior Market Risk Analyst

  • Farmington Hills, MI
  • 17 days ago
  • Farmington Hills, 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....

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 Management
Gain a solid foundation in risk management by learning risk assessment, analysis, and management techniques from Wall Street professionals. Taught by instructors with decades of experience on Wall...

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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
44.1%
Master's Degree
24.4%
High School or GED
11.7%
Associate's Degree
9.2%
Vocational Degree or Certification
7.2%
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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