Credit Analysts

Course Advisor

United States

On-site

USD 43,100 - 137,610

Full time

14 days+

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Job summary

Course Advisor is looking for a Credit Analyst who will analyze credit data and financial statements to determine risk levels in lending. Responsibilities include generating reports, evaluating customer financials, and consulting with clients to resolve issues. Essential skills required include critical thinking and active listening. This role requires proficiency in tools like Microsoft Excel and SQL. The projected salary ranges from approximately $43,100 to $137,610 annually, based on experience and location.

Qualifications

Proficient in analyzing credit data and financial statements.
Strong ability to prepare reports with credit information.
Experience with generating financial ratios using computer programs.

Responsibilities

Evaluate liquidity, profitability, and credit histories of establishments.
Generate financial ratios to assess financial status.
Confer with representatives to exchange credit information.
Prepare reports assessing the degree of risk in credit decisions.

Skills

Critical Thinking

Active Learning

Active Listening

Judgment and Decision Making

Speaking

Reading Comprehension

Tools

Microsoft Excel

Microsoft Word

SQL

SAP

SAS

Microsoft SQL Server

Job description

Career Description

Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decision making.

Responsibilities

Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
Generate financial ratios, using computer programs, to evaluate customers’ financial status.
Confer with credit association and other business representatives to exchange credit information.
Evaluate customer records and recommend payment plans, based on earnings, savings data, payment history, and purchase activity.
Consult with customers to resolve complaints and verify financial and credit transactions.
Prepare reports that include the degree of risk involved in extending credit or lending money.

Essential Skills

Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Active Learning: Understanding the implications of new information for both current and future problem-solving and decision-making.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Speaking: Talking to others to convey information effectively.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.

Other Credit Analyst Job Titles

Underwriter
Credit Risk Analyst
Credit Representative
Financial Analyst

Job Outlook

There were about 73,800 Credit Analyst jobs in 2016 in the United States, with an 8.3% projected growth rate through 2026. The Bureau of Labor Statistics projects 6,100 new jobs for the field by 2026 and expects continued demand across several states.

Salary Range

The annual salary for Credit Analysts typically ranges between approximately $43,100 and $137,610, with the highest compensation found in District of Columbia, New York, and Virginia.

Tools & Technologies