Credit Risk Analyst Job Description
Credit risk analyst
provides business data analysis, application development services and automation using SAS, Microsoft BI stack, and SQL to the Investment Division including building, implementing and maintaining highly customized Investment Business Intelligence Applications.
Credit Risk Analyst Duties & Responsibilities
To write an effective credit risk analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included credit risk analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Provide risk management tools and expertise to our business partners in Servicing to ensure regulatory and investor compliance and to effectively manage risk exposure from inadequate or failed internal processes, people, and technology
Support the trade finance business from a credit risk perspective
Liaise between business and outsource collection party, discuss performance rates and indicate areas of risk and improvement
Assess proposed design of solution to ensure business requirements are met and to highlight potential changes in scope
Liaising with other support areas Finance and Compliance to prepare risk returns and submissions
Representing CRM in meetings with Front Office, Legal and Compliance, Treasury
Review customer accounts and determine whether to maintain, increase or reduce the credit line
Verifies incoming credit references, review balance sheets and P&L to make an accurate credit decision
Works with the OTC Manager on overdue accounts where collections efforts cannot be resolved
Prepares status reports for credit hold and collections activity weekly reports on aging
Credit Risk Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Credit Risk Analyst
List any licenses or certifications required by the position: FRM, CFA, PRM, CCB, SAS, PMP, CECRL, B2, CPA, BIC
Education for Credit Risk Analyst
Typically a job would require a certain level of education.
Employers hiring for the credit risk analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Economics, Accounting, Business, Statistics, Business/Administration, Mathematics, Management, Engineering, Education
Skills for Credit Risk Analyst
Desired skills for credit risk analyst include:
Microsoft Office products
SAS
Business
Its products
SQL
Statistics
Aggregation
Business intelligence and analysis software applications for data segmentation
Processes
Word
Desired experience for credit risk analyst includes:
General concepts of capital markets (fixed income and equities)
Prior experience with Credit Risk methodologies essential PD, LGD, EEPE
Relevant university degree (BA/BS minimum
Should possess basic understanding of Segmentation classification/decision tree and Regression algorithms
One year proven statistical analysis and/or MIS experience, or equivalent
10-15% domestic or international travel
Credit Risk Analyst Examples
1
Credit Risk Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking for a credit risk analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for credit risk analyst
- Recommends for processes changes to the existing program where warranted
- Initiates modifications of credit limits to existing customers to support increased business opportunities or to protect the company from undo losses
- Monitor assigned portfolios of clients
- Work with Senior Credit Administrator and portfolio managers to highlight potential problem
- Analyze and analyze scenarios affecting the risk exposure of assigned portfolios to identify emerging credit risk trends including loan-level probability of default and loss given default
- Prepare credit approval packages and provide recommendations for approval on floorplan facilities, ACH and draft line facilities, and real estate transactions
- Independently analyzes, or at times may work with more senior Credit Officer,to evaluate the risk of clients
- Assist in creating uniformity of presentation amongst counterparty credit risk reports
- Complete timely and accurate counterparty credit risk reports as required
- Document all procedures for counterparty credit risk reports, including confirming the Distribution List is accurate and relevant, where the data shown is sourced from and that data and limits captured is complete
Qualifications for credit risk analyst
- BA or higher in Accounting, Finance, or related degree
- Proactive approach to work ensuring requirements understood
- On-going incremental improvements in productivity, quality and innovation
- Profile within Risk department and recognition of impact
- Individual development and contribution to development of others
- Assessment against company growth values – External Focus, Clear Thinking, Imagination and Courage, Inclusiveness and Expertise
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Credit Risk Analyst Job Description
Job Description Example
Our growing company is looking for a credit risk analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for credit risk analyst
- Hold a degree with a significant mathematics or statistics component
- Developing and maintaining strong relationships with stakeholders and business partners
- Risk Rating and Regulatory Classification change recommendation memos and tracking
- Maintain the credit master data in FSCM
- Obtain necessary information needed to perform risk assessment
- Perform risk assessment, recommendation and documentation by using FIT for Credit and FSCM (including Credit Limit and Order Processing Code)
- Review and manage Credit Blocked Sales Orders at least four times a day
- Decide on the release of blocked orders and obtaining necessary approvals
- Following up of outstanding invoices and unresolved dispute items
- Monitor and follow up on overdue invoices
Qualifications for credit risk analyst
- O3-5 years applicable work experience with experience in or supporting financial and/or risk areas within financial services companies or regulatory organizations preferred
- ODatabase management certificate or equivalent preferred
- Self-starter who is proactive and persistent
- Able to review balance sheets and P&L
- Able to work with 3rd parties in a professional and timely manner
- Able to work with other departments to resolve customer issues beyond the scope of Credit
3
Credit Risk Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of credit risk analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for credit risk analyst
- Obtain, review and analyze necessary information to determine customer financial capability and risk, establish credit limits and control shipments within the framework of credit limits for assigned business/ customers/ region
- Review and investigate merchant account transactional activity in order to evaluate financial risk exposures arising from potential credit and/or fraud risks, primarily related to small to medium sized business clients
- Partner with other business units and project teams to improve the quality of the data being used in the credit risk models
- The position requires detailed credit analysis on businesses
- Participate in the structuring, underwriting, and documentation of credit facilities designed to meet both client and investor needs, balance the Bank’s internal risk/return requirements
- Be knowledgeable of statistical and behavioural modelling techniques
- Have experience in building behavioural and forecasting models
- Have credit risk knowledge and understanding
- Be experienced in working with lenders and Credit Reference Agency (CRA) data
- The Credit Risk Analyst I is responsible for providing analysis support for risk oversight
Qualifications for credit risk analyst
- Possess working understanding of statistical methodology as applied to quantitative models
- Possess working understanding of data systems, warehousing and integrity issues data transformations and logic
- Proficient with personal computers, MS Office
- Should be able to oversee execution of UAT test cases and regression testing
- At least 5-6 years experience in credit / equity analysis (in a given sector of expertise) taking a macro view of the sector micro view of an individual company / customer
- The Credit Card Risk Analyst serves as an expert for assigned credit risk related data, strategies, card processes, and systems to lead or assist with problem resolution, ongoing maintenance, reporting and improvement initiatives
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Credit Risk Analyst Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of credit risk analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for credit risk analyst
- Completion of credit files and updating risk limit systems
- The creation of intelligent solutions for our customers including all model types for example, Decision Trees, Exploratory Data Analysis, CHAID analysis, Logistic Regression, Linear Regression, Principle Component Analysis and Cluster Analysis
- To present solutions to our customers in a professional way, offering first class service to our clients across the full project lifecycle
- Communicate credit information to businesses and collections personnel
- Work with businesses to analyze/recommend sales terms for new and existing customers
- Review adequacy of credit limits
- Communicate/discuss credit issues and potential high risk accounts with collections personnel and credit manager
- Conduct detailed analysis of current and emerging risks
- Prepare papers for the credit committee
- Prepare weekly and monthly reports to manage portfolio quality
Qualifications for credit risk analyst
- 3 years of experience in Quantitative Analysis or Predictive Analytics and Banking / Lending operations preferred
- Experience with programming preferred (VBA or C++, C#, Visual Studio)
- Understanding of statistics and predictive analytics
- Thorough knowledge of credit philosophy, Risk Guidelines, policies, and loan documentation
- 5 or more years' experience in the combined field of compliance, risk and project management
- Two years of experience as a Business Intelligence Analyst, Sr
5
Credit Risk Analyst Job Description
Job Description Example
Our company is searching for experienced candidates for the position of credit risk analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for credit risk analyst
- Nature and complexity of financial statements varies, depending on circumstances, including business conditions, industry, economic environment, stagey, opportunities, relationship background and consideration of credit and structure
- Conduct ongoing analysis and assessment of BPNA’s onstruction, Real Estate, Small Business Administration (SBA), Commercial & Industrial (C&I) Portfolios
- Dissect gathered data according to business practices and procedures, while maintaining its integrity, to accomplish the most complete and accurate up-to-date evaluation of trends and risks in the portfolio
- Responsible for testing, validating and documenting, as needed, the quality of data entering credit systems and models in support of various Credit Quality teams as assigned
- Coordinate and work in cooperation with other departments who are dependent upon timely departmental deliverables for other bank purposes, such as capital planning or the ALLL
- May present analysis, findings or other job-related subject matter to interested parties, including various departmental personnel and senior management
- Develop and implement credit policy strategies with objectives of enhancing revenues and mitigating losses
- Enhance and optimize acquisition channel with objectives of acquiring new customer
- 15% domestic and/or international travel, fully reimbursed
- Thorough industry knowledge, identify opportunities with both existing and prospect clients and discuss them with senior officers
Qualifications for credit risk analyst
- Language (oral & written skills) – English (B2 Level, CECRL certificate) is mandatory
- Three to five years of experience in credit analysis activities
- Be commercially aware of all things effecting wholesale dept and be involved in various projects
- Can analyse, interpret & relate data / calculate summary credit ratios / understand & balance credit risk vs
- Proven track record of experience in Financial Analysis
- Minimum 2 years of credit experience in a trading environment gained in a Bank, Commodity or Trading firm