Credit Analyst

Placements24; United States; Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

Hybrid work model

Medical benefits

Dental benefits

Retirement plan

Professional development

Job summary

Placements24 is seeking a diligent Credit Analyst to assess borrower risk and manage credit portfolios within a hybrid work environment. You will collaborate with loan officers and finance teams to support sound lending decisions and maintain robust credit risk practices.

The role requires a strong background in financial statement analysis, credit risk assessment, and proficiency with Excel and financial software.

Qualifications

• Bachelor's degree or higher in Finance, Economics, Business Administration, or related field.
• 3+ years of experience in credit analysis, lending, or related financial services role.
• Strong knowledge of financial statement analysis, ratio analysis, and credit scoring models.

Responsibilities

• Analyze financial statements, credit reports, and data to assess borrower risk.
• Prepare detailed credit memorandums and recommendations for loan approval/rejection.
• Monitor loan portfolios and identify potential credit issues early.
• Ensure compliance with internal policies and external regulatory requirements.
• Maintain accurate credit files and documentation; communicate findings to loan officers.

Skills

Financial statement analysis

Credit risk assessment

Analytical thinking

Decision-making

Attention to detail

Communication

Education

Bachelor's degree in Finance

Bachelor's degree in Economics

Bachelor's degree in Business Administration

Tools

Excel

Financial software

Job description

About the Role

Our client is seeking a diligent and experienced Credit Analyst to join their team in George . This role is crucial for assessing the creditworthiness of potential borrowers and managing existing credit portfolios. You will play a key part in ensuring the financial stability and growth of the institution by mitigating risk. This hybrid role offers a blend of in-office collaboration and remote flexibility, allowing for focused work and team interaction within the Banking & Finance sector. You will work closely with loan officers and other financial professionals to make informed lending decisions and maintain robust credit risk management practices.

Key Responsibilities

• Analyze financial statements, credit reports, and other relevant data to assess borrower risk.
• Prepare detailed credit memorandums and recommendations for loan approval or rejection.
• Monitor loan portfolios, identifying and addressing potential credit issues proactively.
• Ensure compliance with internal credit policies and external regulatory requirements.
• Maintain accurate and up-to-date credit files and documentation.
• Communicate findings and recommendations clearly to loan officers and management.

Requirements

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• At least 3 years of experience in credit analysis, lending, or a similar role within the financial services industry.
• Strong understanding of financial statement analysis, ratio analysis, and credit scoring models.
• Excellent analytical, problem-solving, and decision-making skills.
• Proficiency in using financial software and Microsoft Office Suite, particularly Excel.

Benefits

• Competitive salary package and potential for performance-based incentives.
• Hybrid work model offering flexibility between office and remote work.
• Comprehensive medical, dental, and vision benefits.
• Retirement savings plan options.
• Professional development opportunities and ongoing training in credit risk management.