Credit Analyst

Position SummaryThe Credit Analyst is responsible for evaluating the creditworthiness and financial health of customers and prospective clients to support sound credit decisions. This role analyzes financial statements, credit reports, and related data to assess risk, establish credit limits, and ensure compliance with company credit policies. The Credit Analyst works closely with internal stakeholders and customers to manage accounts, mitigate risk, and maintain an accurate and well‑performing credit portfolio.
Essential Duties/ResponsibilitiesThe following duties are typical of those performed by employees in this job title; however, employees may perform other related duties, and not all duties listed are necessarily performed by each employee in the job title: 
 

• Credit Evaluation:
  • Analyze financial statements, credit reports, and other relevant documents to assess the creditworthiness of applicants.
  • Evaluate the risk associated with extending credit and determine appropriate credit limits and terms.
  • Conduct thorough research and analysis to support credit decisions and recommendations.

 

• Risk Assessment:
  • Identify potential risks and red flags in credit applications and financial information.
  • Use credit scoring models and other tools to assess risk and make informed credit decisions.
  • Monitor and evaluate existing credit accounts to ensure continued compliance with credit terms and conditions.

 

• Reporting and Documentation:
  • Prepare detailed credit reports and recommendations for approval or denial of credit applications.
  • Maintain accurate and up-to-date records of credit evaluations, decisions, and correspondence.
  • Provide regular updates and reports on credit portfolio performance and risk exposure.

 

• Client Interaction:
  • Communicate with clients, loan officers, and other stakeholders to gather information and clarify credit-related issues.
  • Address and resolve any questions or concerns related to credit applications and approvals.
  • Build and maintain strong relationships with clients and other key stakeholders.

 

• Compliance and Procedures:
  • Ensure compliance with internal credit policies, industry regulations, and legal requirements.
  • Adhere to company procedures for credit analysis, approval, and documentation.
  • Participate in audits and reviews to ensure adherence to credit policies and procedures.

 

• Continuous Improvement:
  • Identify opportunities for improving credit analysis processes and risk management practices.
  • Stay informed about industry trends, market conditions, and changes in credit regulations.
  • Participate in training and professional development to enhance skills and knowledge.

QualificationsTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.

Experience/Skills/Abilities Required

• 2-4 years of experience in credit analysis, financial analysis, or a related role.
• Strong analytical skills with the ability to interpret financial statements and data.
• Proficiency in credit analysis tools, financial modeling, and risk assessment techniques.
• Excellent attention to detail and accuracy in evaluating credit applications and financial information.
• Strong communication and interpersonal skills, with the ability to work effectively with clients and team members.
• Knowledge of credit regulations, industry standards, and risk management practices
• Excellent organizational and planning skills.
• Excellent presentation, communication and interpersonal skills.
• Computer and internet research skills.
• Attention to detail and accuracy.
• Extremely resourceful and ability to show initiative; use internal resources to achieve desired results.
• Strong understanding of credit risk factors.
• Able to exercise effective judgment, sensitivity, creativity to changing needs and situations.
• Ability to prioritize tasks and delegate when appropriate.
• Able to establish and maintain healthy working relationships with people in the course of work.
• Ability to research, evaluate and analyze new techniques, methods and procedures.

Work Environment/Physical DemandsTypical office environment – moderate noise level.  This position regularly requires standing; walking; sitting; use hands; reaching with hands and arms; and talking and/or hearing.  Occasional lifting and/or moving up to 25 pounds.
We are an equal opportunity employer, dedicated to fostering a diverse and inclusive workplace where everyone is valued and has equal access to opportunities.
 
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