Credit Analyst – Risk & Credit Strategy (Bonus Eligible)

Axos Bank; Texas; On-site; USD 55,000 - 70,000; Full time

Benefits offered by this job

Medical, dental, vision, and life保险

Paid time off and holidays

HSA or FSA

401(k) with employer match

Employee mortgage loan program

Job summary

Axos Bank is seeking a Credit Associate to analyze credit worthiness of new and established customers and prepare detailed credit reports. Responsibilities include financial analysis, risk assessment, and presenting recommendations to senior management.

The role emphasizes regulatory compliance, data gathering, and ongoing portfolio monitoring to identify risks and refine credit policies. A bachelor’s degree in finance or related field and strong analytical skills are required.

Qualifications

• Bachelor's degree in finance, accounting, economics, or related field or 5+ years of work experience.
• Strong analytical skills and proficiency in financial statement analysis.
• Knowledge of risk assessment techniques.
• Familiarity with regulatory guidelines and compliance requirements related to lending and credit.
• Excellent written and verbal communication skills.
• Attention to detail and the ability to work independently and as part of a team.
• Proficiency in financial software and data analysis tools.
• Problem-solving skills and the ability to make sound decisions based on available information.
• Prior experience in credit analysis or a related role is advantageous.

Responsibilities

• Financial Analysis: Review and analyze financial statements, credit reports, and other relevant financial documents to assess the creditworthiness of applicants.
• Risk Assessment: Evaluate the level of risk associated with extending credit to applicants based on financial data, market conditions, and industry trends.
• Credit Scoring: Utilize credit scoring models and tools to assign appropriate credit scores and ratings to applicants, aiding in the decision-making process.
• Data Gathering: Collect and verify information from various sources, including credit bureaus, financial statements, tax returns, and customer interviews.
• Documentation: Prepare comprehensive credit reports summarizing the applicant's financial situation, risk level, and recommendations for credit approval or denial.
• Recommendations: Present findings and credit recommendations to senior management, underwriters, or loan committees, providing a clear rationale for each decision.
• Regulatory Compliance: Ensure adherence to relevant laws, regulations, and lending standards while evaluating credit applications.
• Communication: Maintain effective communication with applicants, lenders, and other stakeholders to gather necessary information and explain credit decisions.
• Credit Policy Development: Contribute to the development and refinement of credit policies and procedures to improve the overall credit risk assessment process.
• Portfolio Monitoring: Continuously monitor the credit performance of existing loans and credit lines, identifying potential risks and suggesting remedial actions.
• Market Research: Stay informed about industry trends, economic conditions, and changes in credit markets that may impact lending decisions.

Skills

Financial analysis

Credit risk assessment

Credit scoring

Regulatory compliance

Analytical skills

Communication

Attention to detail

Education

Bachelor's degree in finance, accounting, economics, or related field

Tools

Financial software

Data analysis tools

Job description

Axos Bank is seeking a Credit Associate to analyze credit worthiness of new and established customers and prepare detailed credit reports. Responsibilities include financial analysis, risk assessment, and presenting recommendations to senior management.

The role emphasizes regulatory compliance, data gathering, and ongoing portfolio monitoring to identify risks and refine credit policies. A bachelor’s degree in finance or related field and strong analytical skills are required.