Credit Analyst

Intellectual Capital HR Consulting Pvt. Ltd.; Mumbai; On-site; INR 550,000 - 700,000; Full time

Job summary

Intellectual Capital HR Consulting Pvt. Ltd. in Mumbai seeks a Credit Analyst to assess creditworthiness by analyzing client data, financial statements and industry risk.

You will evaluate risk, study business models, and prepare reports for loan committees. Strong Excel and finance skills are essential for accurate risk assessment. The candidate should have a finance/accounting background, CA/MBA preferred, and proven experience in credit analysis.

Qualifications

• Bachelor's degree in finance, accounting or related field is required.
• CA and MBA preferred for Credit Analyst role.
• Bonus if Finance, accounting or related subjects cover risk assessment.
• Proven working experience as a Credit Analyst.
• Industry and product experience is a plus.
• Additional certification may be required.
• Strong communication skills (written and verbal).
• Excellent managerial, analytical and time-management skills.
• Ability to prioritize tasks effectively.
• Proficient in MS Office or other financial software.
• Advanced Excel skills are required.

Responsibilities

• Analyzing client credit data and financial statements to evaluate lending risk.
• Understand business model, geographic and industry risk for creditworthiness.
• Examine client transaction history and credit history for status.
• Create reports detailing risk involved in lending to clients.
• Track legislation and government policies to stay updated.
• Fill out applications with credit analysis and submit to loan committees.

Skills

Communication skills

Analytical thinking

Time management

Prioritization

Financial analysis

Education

Bachelor's degree in finance, accounting or related field

Chartered Accountant (CA)

MBA

Tools

Microsoft Office

Advanced Excel

Job description

Position:CreditAnalyst

Grade: Depends

Roles & Responsibilities :

• 1. Analyzing: TheCreditAnalysts are responsible for analyzing the client'sCreditdata and financial statements in order to evaluate the degree of risk involved in lending money to them.
• 2. Understand: Business Model and risk associated with a particular business, Industry and geography. Assessing theCreditworthiness of existing or new clients is one of the most essential duties of a working capitalCreditAnalyst.
• 3. Transaction History:CreditAnalysts need to examine a client's financial transactions andCredithistory to know more about their financial status.
• 4. Reporting: They are responsible for creating reports about the degree of risk involved in lending money to clients.
• 5. Tracking: ACreditAnalyst's duty involves tracking of legislation and government policies to stay updated with the latest laws.
• 6. Application: Fill out the application and include theCreditanalysis for requesting a loan orCreditis also a duty of aCreditAnalyst. Then submitting these loan applications to loan committees for their approval.

Qualifications Needed :

• 1. The candidate must have a bachelor's degree from any recognized University in India.
• 2. Banks give preference to CA and MBA forCreditAnalystrole
• 3. It will be a plus if an individual has a Bachelor's degree in finance, accounting, or other related fields like ratio analysis, statistics, economics, calculus, financial statement analysis, and risk assessment. Because these subjects are necessary for aCreditAnalystto perform the risk assessment process.
• 4. Proven working experience as aCreditAnalyst
• 5. Particular Product and Industry experience
• 6. Additional certification may be required.
• 7. Strong communication skills (Written as well as Verbal).
• 8. Excellent managerial, Analytical, and time-management skills.
• 9. Ability to prioritize tasks.
• 10. Proficient in Microsoft Office or other financial software.
• 11. Advanced Excel skills.