Credit Analyst

Tolleson Wealth Management; Dallas (TX); On-site; USD 60,000 - 85,000; Full time

Job summary

Tolleson Wealth Management is seeking a credit analyst to conduct thorough financial analysis of applicants, review financial statements, and assess creditworthiness. You will evaluate collateral strength and perform due diligence to ensure regulatory compliance and accurate documentation of the analysis process.

The role supports client service functions and collaboration with the credit team, requiring a Bachelor's degree and at least one year of related experience.

Qualifications

• Bachelor's degree in business, finance, or accounting.
• Minimum one-year experience in a financial analyst or credit analyst role with a financial institution or mortgage company.
• Proficient in prioritizing tasks effectively, ensuring timely completion of assignments.
• Strong analytical skills with a keen attention to detail.
• Strong verbal and written communication skills.
• Must consent to and have favorable consumer report and background check.

Responsibilities

• Conduct thorough financial analysis of applicants, including reviewing financial statements and tax returns to assess creditworthiness.
• Evaluate the strength of collateral offered by applicants to secure credit, ensuring its adequacy and relevance in mitigating credit risk.
• Conduct due diligence on potential clients, verifying information provided and ensuring compliance with company policies and industry regulations.
• Retrieve and analyze consumer credit reports.
• Assess the credit risk associated with each application, taking into consideration factors such as ability to repay, payment history, debt levels, and industry trends.
• Prepare detailed credit packages and maintain accurate documentation of the credit analysis process.
• Prepare compliance reports for collateral monitoring and associated maintenance, as needed.
• Stay informed about industry trends, economic conditions, and regulatory changes that may impact credit decisions.
• Assist in all other functions of client service including origination, maintenance, and retention of client portfolios.
• Other duties as assigned by management.

Skills

Analytical skills

Communication skills

Prioritization

Attention to detail

Education

Bachelor's degree in business/finance/accounting

Job description

• Conduct thorough financial analysis of applicants, including reviewing financial statements and tax returns to assess creditworthiness.
• Evaluate the strength of collateral offered by applicants to secure credit, ensuring its adequacy and relevance in mitigating credit risk.
• Conduct due diligence on potential clients, verifying information provided and ensuring compliance with company policies and industry regulations.
• Retrieve and analyze consumer credit reports.
• Assess the credit risk associated with each application, taking into consideration factors such as ability to repay, payment history, debt levels, and industry trends.
• Prepare detailed credit packages and maintain accurate documentation of the credit analysis process.
• Prepare compliance reports for collateral monitoring and associated maintenance, as needed.
• Stay informed about industry trends, economic conditions, and regulatory changes that may impact credit decisions.
• Assist in all other functions of client service including origination, maintenance, and retention of client portfolios.
• Other duties as assigned by management.
• Bachelor's degree in business, finance, or accounting
• Minimum one-year experience in a financial analyst or credit analyst role with a financial institution or mortgage company
• Proficient in prioritizing tasks effectively, ensuring timely completion of assignments.
• Strong analytical skills with a keen attention to detail
• Strong verbal and written communication skills
• Must consent to and have favorable consumer report and background check

DUTIES And RESPONSIBILITIES

• Conduct thorough financial analysis of applicants, including reviewing financial statements and tax returns to assess creditworthiness.
• Evaluate the strength of collateral offered by applicants to secure credit, ensuring its adequacy and relevance in mitigating credit risk.
• Conduct due diligence on potential clients, verifying information provided and ensuring compliance with company policies and industry regulations.
• Retrieve and analyze consumer credit reports.
• Assess the credit risk associated with each application, taking into consideration factors such as ability to repay, payment history, debt levels, and industry trends.
• Prepare detailed credit packages and maintain accurate documentation of the credit analysis process.
• Prepare compliance reports for collateral monitoring and associated maintenance, as needed.
• Stay informed about industry trends, economic conditions, and regulatory changes that may impact credit decisions.
• Assist in all other functions of client service including origination, maintenance, and retention of client portfolios.
• Other duties as assigned by management.

Miminum Position Requirements

• Bachelor's degree in business, finance, or accounting
• Minimum one-year experience in a financial analyst or credit analyst role with a financial institution or mortgage company
• Proficient in prioritizing tasks effectively, ensuring timely completion of assignments.
• Strong analytical skills with a keen attention to detail
• Strong verbal and written communication skills
• Must consent to and have favorable consumer report and background check

NO AGENCIES PLEASE

No calls or agencies please. Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become property of Tolleson Wealth Management and that Tolleson Wealth Management will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies that have entered into agreements with Tolleson Wealth Management must submit applicants in accordance with the terms of the applicable agreements in order to be eligible for payment of placement fees.

Tolleson Wealth Management is an Equal Opportunity Employer