Credit Analyst Jobs in Novi, 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.

1-6 of 6 Jobs

Business Unit Risk Analyst I

  • Auburn Hills, MI (16 miles from Novi, MI)
  • 2 days ago
  • Auburn Hills, MI (16 miles from Novi, MI)
  • 2 days ago

Finance experience 2 years of experience developing, implementing, or executing internal controls, policies, and procedures Preferred Qualifications: 2 years of commercial underwriting, credit and/or lending...

Liquidity Risk Analyst

  • Farmington Hills, MI (6 miles from Novi, MI)
  • 7 days ago
  • Farmington Hills, MI (6 miles from Novi, MI)
  • 7 days ago

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

Risk Management Specialist

  • Auburn Hills, MI (16 miles from Novi, MI)
  • 8 days ago
  • Auburn Hills, MI (16 miles from Novi, MI)
  • 8 days ago

Seize the opportunity to make an impact as a Risk Management Specialist within our vibrant Company Vehicle Operations Team. As the guardian of our company's transportation safety, you will play a...

SBA Credit Analyst 4 (PMG)

  • Birmingham, MI (16 miles from Novi, MI)
  • 15 days ago
  • Birmingham, MI (16 miles from Novi, MI)
  • 15 days ago

Prior to making the credit decision or advising the person(s) making the final credit decision, the Credit Analyst conducts a complete credit analysis including gathering, analyzing, and interpreting...

Senior Credit Analyst (Commercial Lending)- Public/Non-Profit Finance Location: CityScape What you'll do: Our Public/Non-Profit Team is seeking a Senior Credit Analyst to assist in analyzing, structuring...

Senior Credit Analyst, Multifamily & Affordable Housing

  • Novi, MI
  • 45+ days ago
  • Novi, MI
  • 45+ days ago

Senior Credit Analyst, Multifamily & Affordable Housing Location: CityScape What you'll do: Our Affordable Housing Team is seeking a Senior Credit Analyst to assist in analyzing, structuring, underwriting...

Demographic Data for Novi, MI

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


Local
National
60,936
2,157
Medium

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...

Title Synonyms

Users interested in this job title also searched for the following job title


Salary for Credit Analyst Jobs in Novi, 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 Novi, MI offer the following education background
Bachelor's Degree
43.9%
Master's Degree
23.7%
High School or GED
12.1%
Associate's Degree
9.4%
Vocational Degree or Certification
7.4%
Some College
1.5%
Doctorate Degree
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 Novi, 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%



Credit Analyst Related Career Advice Articles

banker looking at charts on laptop
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 »