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 23 Jobs

Credit Analyst

  • Benton Harbor, MI
  • 1 day ago
  • Benton Harbor, MI
  • 1 day ago

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

Credit Analyst

  • Saginaw, MI
  • 2 days ago
  • Saginaw, MI
  • 2 days ago

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

Credit Analyst

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

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

Credit Analyst

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

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

Credit Analyst

  • Detroit, MI
  • 3 days ago
  • Detroit, MI
  • 3 days ago

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

Credit Analyst I

  • Monroe, MI
  • 6 days ago
  • Monroe, MI
  • 6 days ago

This position will perform credit analysis, underwriting and monitoring of the commercial loan portfolio....

Credit Analyst

  • West Branch, MI
  • 9 days ago
  • West Branch, MI
  • 9 days ago

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

Credit Analyst

  • Houghton Lake, MI
  • 9 days ago
  • Houghton Lake, MI
  • 9 days ago

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

Senior Model Risk Analyst

  • Farmington Hills, MI
  • 13 days ago
  • Farmington Hills, MI
  • 13 days ago

First Merchants Bank is seeking a Senior Model Risk Analyst to join our team! This position will maintain the Bank's Model Risk Management program....

Credit Analyst II

  • Portage, MI
  • 15 days ago
  • Portage, MI
  • 15 days ago

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

Risk Management Analyst - Southfield

  • Southfield, MI
  • 16 days ago
  • Southfield, MI
  • 16 days ago

POSITION SUMMARY The Risk Management Analyst 2 oversees various aspects of insurance within the Risk Management team. This role involves managing auto insurance claims, coordinating builders' risk...

Senior Credit Analyst- Structured Finance

  • Novi, MI
  • 18 days ago
  • Novi, MI
  • 18 days ago

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

Commercial Credit Analyst II

  • Grand Rapids, MI
  • 18 days ago
  • Grand Rapids, MI
  • 18 days ago

Your core responsibility will be commercial loan credit analysis. Prepare credit analyses and loan proposals to guide the loan decision process....

Credit Risk Analyst

  • Rochester, MI
  • 21 days ago
  • Rochester, MI
  • 21 days ago

Credit Risk Analyst Delta Staffing - Rochester, MI, United States Job Summary: As a Credit Risk Analyst, you will be responsible for assessing the creditworthiness of individuals and businesses, analyzing...

Specialty Banking Risk and Compliance Analyst I

  • Mason, MI
  • 21 days ago
  • Mason, MI
  • 21 days ago

SPECIALTY BANKING RISK AND COMPLIANCE ANALYST I Job Summary: The Risk and Compliance Analyst is responsible for conducting initial and ongoing due diligence related to Specialty Banking clients...

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

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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
24.3%
High School or GED
11.8%
Associate's Degree
9.3%
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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