Job Description

Credit Analyst Job Responsibilities:

• Gathers and analyzes loan applicants financial data to evaluate risk.
• Assesses creditworthiness of individuals companies and institutions.
• Collaborates with other financial experts to approve or deny loans.
• Makes recommendations about whether to increase adjust extend or close lines of credit.
• Undertakes risk analysis using regional sectorspecific environmental and other financial data.
• Prepares and presents credit reports.
• Completes quality assurance reviews.
• Gauges market trends.
• Monitors and adheres to collateral compliance covenants.
• Ensures that all loans are made in adherence with federal state and local financial regulations.
• Analyzes data to verify information and uncover fraud.
• Helps to update and improve credit rating criteria.
• Authors documents on credit risk and related financial matters.
• Communicates credit decisions and policies to fellow employees and credit applicants.
• Oversees or undertakes document preparation.

Credit Analyst Qualifications/Skills:

• Knowledge of commercial credit products market trends and/or loan procedures
• Attention to detail
• Analytical and critical thinking skills
• Quantitative skills
• Strong time management and multitasking skills
• Strong communication skills
• Project management
• Ability to research financial topics and present accessible reports on that research to colleagues with differing areas of expertise
• Adept at highstakes decision making and negotiation
• Strong interpersonal and customer service skills including the ability to form and maintain client and business relationships
• Business acumen
• Discretion and a dedication to protecting the financial privacy of clients business partners and employer

Education Experience & Licensing Requirements:

• Bachelors degree in business accounting economics or finance masters degree a plus
• CFA certification a plus
• Experience using spreadsheet software
• Basic understanding of accounting statistics and economics
• Previous experience as a credit analyst or loan officer preferred

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