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Title
Text copied to clipboard!Credit Analyst
Description
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We are looking for a professional Credit Analyst to determine our customers’ creditworthiness. You will analyze financial data to assess the likelihood of a borrower honoring their financial obligations. You will be responsible for evaluating the financial status of potential customers, monitoring existing clients, performing risk assessments, writing detailed reports, and making informed decisions while extending credit. Your goal will be to help our company be proactive in avoiding undue credit risk and making profitable credit decisions.
Responsibilities
Text copied to clipboard!- Assess creditworthiness of existing or prospective clients.
- Examine financial transactions and credit history case by case.
- Complete ratio, trend and cash flows analyses and create projections.
- Prepare detailed reports that outline a customer's credit history, financial situation, and payment habits.
- Determine the degree of risk involved.
- Carefully analyze data and produce clear and objective reports.
- Routinely monitor loans for compliance.
- Adhere to credit policy and guidelines.
- Monitor corporate portfolio asset quality on an ongoing basis.
- Draft models of credit information that predict trends and patterns.
Requirements
Text copied to clipboard!- Proven working experience as a credit analyst.
- Proficiency in statistical packages and financial software.
- Up to date with legal, compliance and market risk related issues.
- Ability to analyze cash flows, leverage, liquidity and profitability.
- Knowledge of risk analysis.
- Excellent knowledge of financial and banking processes.
- Strong communication and presentation skills.
- Sound judgement, with the ability to make important decisions.
- Bachelor’s degree in Finance, Economics or a related field.
Potential interview questions
Text copied to clipboard!- How do you assess the creditworthiness of a potential client?
- Can you describe a time when you made a decision that was unpopular and how you handled it?
- How do you stay updated on legal, compliance and market risk related issues?
- Can you discuss your experience with statistical packages and financial software?