Credit Analyst, Analyst Job Description

Credit Analyst, Analyst Job Description

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Credit analyst, analyst provides information, support, training and align all parties on credit and risk management policies, processes and issues in order to cultivate a sound (credit) risk organisation and (credit) risk awareness culture.

Credit Analyst, Analyst Duties & Responsibilities

To write an effective credit analyst, analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included credit analyst, analyst job description templates that you can modify and use.

Sample responsibilities for this position include:

Stay abreast of Company credit and risk management policies, operating standards, frameworks and procedures of regulatory and industry changes
Update Customer Master with any changes to Credit Limits
Monitor Daily collection activities for portfolio of accounts
Accelerate collection activities to outside collection when appropriate
Manage account portfolio daily activity
Assist in the development of time saving methods and implements any new approved programs
Manage the daily activity for portfolio of accounts
Assist in the development of collection tools and the implementation of collection programs
Assist in Acquisition, Divestiture and merge activities
Assist customers with inquiries

Credit Analyst, Analyst Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Credit Analyst, Analyst

List any licenses or certifications required by the position: CFA, CPA, NACM, ICF, CBA, BIC, CRC, CCE

Education for Credit Analyst, Analyst

Typically a job would require a certain level of education.

Employers hiring for the credit analyst, analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Finance, Accounting, Business, Economics, Business/Administration, Education, Associates, Graduate, MBA, Business/Management

Skills for Credit Analyst, Analyst

Desired skills for credit analyst, analyst include:

Country/risk factors on a macro level
Credit and risk management
General corporate credit analysis
Industries represented in portfolio
Particular industries and all current events in assigned portfolio utilizing internal and external sources
Regulatory issues and unique credit product activity
Basic accounting and financial concepts with a sound ability to analyse businesses
Credit Security instruments
Credit risk analysis
Credit security instruments and has ability to approach customers for security and financial statements as needed

Desired experience for credit analyst, analyst includes:

Expert comprehensive knowledge of personal credit lending products and policies
Credit knownledge
Familiar with loans secured by marketable securities residential mortgages
Intermediate level Excel skills including pivot tables, downloads
Perform collection calls
Research all deductions from payment and match with outstanding credit memos and initiate dispute resolution process

Credit Analyst, Analyst Examples

1

Credit Analyst, Analyst Job Description

Job Description Example
Our company is looking for a credit analyst, analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for credit analyst, analyst
  • Act as the Secretary of the Counterparty Risk Management Committee and work closely with the Committee’s Chair
  • Produce weekly, monthly and quarterly team reports
  • Assist more seasoned portfolio managers in times of high volumes
  • Monitor the Accounts Receivable portfolio to identify cash flow opportunities and/or overdue balances and contact the affected customers to pursue payment
  • Collaborate with our customers and internal departments including commercial, customer care, billing and cash application to identify and resolve problems impeding prompt payment
  • Develop and maintain strong rapports with customers and engage in limited negotiations involving collateral and collections
  • Special projects and Other duties / projects as assigned
  • Serve in all business partner’s needs
  • Act as liaison between internal and external customers to troubleshoot and resolve issues that may cause deductions and or delays in payments
  • General industry coverage
Qualifications for credit analyst, analyst
  • A Business Degree would be an asset
  • Ongoing monitoring of portfolio positions
  • Full ability to use Microsoft Excel to build models based on financial statements or macro-economic data
  • By gathering information of customers, industries, , conduct credit analysis for new and existing customers for Japanese corporate in the Middle East, North Africa and Central Asia countries
  • Support relationship managers to prepare credit application
  • Take responsibility for any other ad-hoc job tasks to be requested by GM or JGM or DGM
2

Credit Analyst, Analyst Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of credit analyst, analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for credit analyst, analyst
  • Make recommendations to enhance credit policy as necessary to meet business needs
  • Prepare timely and insightful credit analysis applications for a diverse, medium to high complexity and sophisticated portfolio of commercial & industrial, commercial real estate and private banking / professional services commercial loan customers
  • Analyze and manipulate reports
  • Directly interacting with large customers to resolve payment issues on past due accounts
  • Heavy reconciliation of accounts
  • Assist with managing overall risk for the organization
  • Analyze new loan requests
  • A high degree of flexibility is required to adapt to variations in application volume
  • Completion of a post-secondary education (college or university) preferred
  • Monitoring and interpreting market signals (CDS, news events, rating agencies etc) with relevance towards rating sensitivities
Qualifications for credit analyst, analyst
  • Low to moderate credit limit authorization required for credit adjudication
  • Experience with cash flow modeling
  • Credit and / or Lending experience with at least 3 years relevant experience working in a Credit Risk/Lending Environment
  • 3-5 years minimum of credit analysis experience
  • Ability to work through issues and help come to resolutions
  • Good communication skills to be able to interact daily with customers
3

Credit Analyst, Analyst Job Description

Job Description Example
Our growing company is looking to fill the role of credit analyst, analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for credit analyst, analyst
  • Assist loan officers with assigned tasks related to the overall management of the loan portfolio
  • Achieve monthly collection targets
  • Prepare account reconciliations and account analysis
  • Perform quality control reviews for digital orders
  • Assist and/or lead process improvement projects
  • Develop and maintain strong working relationships with agencies and sales
  • Mitigate risk by identifying potential losses and escalating priority issues to management
  • Create invoice revisions
  • Resolve billing issues and discrepancies, maintain thorough documentation of collection efforts within collection system
  • Prepare ad hoc reconciliations and reporting
Qualifications for credit analyst, analyst
  • Excellent customer service and the ability to take initiative
  • At least one year of accounts receivable experience
  • Good working knowledge of ERP systems like SAP
  • Ability to utilize Excel pivot tables
  • Experience with collections systems like ‘GetPaid’
  • Analyze historical financial information of borrowers and guarantors
4

Credit Analyst, Analyst Job Description

Job Description Example
Our company is looking to fill the role of credit analyst, analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for credit analyst, analyst
  • Preparing Loan offers
  • Preparing daily and weekly reports and analysing these reports to spot areas that need improvement
  • Ensuring a knowledge of and adherence to all Compliance and Central Bank of Ireland requirements
  • Preparing daily and weekly reports and analyzing these reports to spot areas that need improvement
  • A 9 step funding process that requires reviewing, validating and verifying information through document review, internet searches and phone calls
  • Resolve and document dealer inquiries not related to the funding process
  • Keep the dealer’s pipeline open by managing any license, title, audit and inventory issues
  • Welcome and onboard new dealers by offering initial funding assistance
  • Analyse and make investment recommendations for global sovereign and financial issuers in developing countries
  • Assist in the development of investment processes, rates and FX models and scoring methodologies for evaluating relative value for local rates and FX across Asian countries
Qualifications for credit analyst, analyst
  • Qualified Chartered Accountant or MBA Finance from a premier institution or other avenues such as Masters in Economics, etc
  • Excellent communication and ability to build effective relationships stakeholders
  • 4-7 years’ work experience in the field of credit analysis or research field
  • Ability to analyze personal financial statements, cash flow, tax returns and relevant documentation
  • A 4-year university degree and a minimum of 1 year experience in credit, and/or financial statement analysis
  • Advanced written and oral English communication skills
5

Credit Analyst, Analyst Job Description

Job Description Example
Our company is looking to fill the role of credit analyst, analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for credit analyst, analyst
  • Provide excellent customer service to external and internal contacts Respond to inquiries and research account history when needed including for audit support
  • Monitor group email boxes and coordinate with team members to ensure prompt resolution of requests Assist with researching and allocating customer payments as needed and prepare refund requests for overpayments
  • Assist team members with workflow, special projects and audit support as needed, and cross train on related receivables functions
  • Perform all other essential duties as necessary
  • Post daily cash receipts
  • Interact with Data Administration to assure new and existing customer accounts are set-up and maintained in accordance with their organizational structure
  • Build and maintain close and open relationships with customers
  • Complete monthly reports and analysis for assigned business units
  • Efficiently execute work according to timelines and key performance indicators (KPI)
  • Uncover deviations from policy and practice and propose remediation
Qualifications for credit analyst, analyst
  • Bad Debt Analysis,legal obligation and Escheatment experience
  • Experience working with the Order to Cash modules in SAP and/or experience with BAAN required
  • Ability to work in a team environment as a very strong collaborator
  • Degree or equivalent experience, ideally CFA Charterholder
  • 5+ years demonstrated and relevant experience as a sovereign analyst
  • Direct market participation or previous dealing experience would be an advantage

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