Job Brief
As a Credit Risk Analyst, you will play a crucial role in assessing the creditworthiness of individuals and firms by analyzing credit data and financial statements. Your expertise will help determine the degree of risk involved in extending credit or lending money. The ideal candidate will have a strong analytical background, experience in financial analysis, and proficiency in risk assessment methodologies. Excellent communication skills and attention to detail are essential for preparing comprehensive reports that facilitate informed decision-making.
Responsibilities
- Analyze credit data and financial statements to evaluate risk levels associated with lending.
- Prepare detailed credit reports for stakeholders to aid in credit decision-making.
- Utilize statistical models and risk assessment tools to quantify credit risk.
- Monitor and review credit portfolios to identify potential risks and recommend actions.
- Collaborate with cross-functional teams to develop credit policies and procedures.
- Stay updated on industry trends and regulatory changes affecting credit risk management.
- Conduct thorough due diligence on new and existing clients to assess creditworthiness.
- Provide recommendations for credit limits and terms based on risk analysis findings.
Requirements
- Bachelor’s degree in Finance, Economics, Business Administration, or a related field.
- 2+ years of experience in credit risk analysis or financial analysis.
- Strong knowledge of credit risk assessment methodologies and financial modeling.
- Proficiency in data analysis tools and software (e.g., Excel, SAS, R, or similar).
- Excellent analytical, quantitative, and problem-solving skills.
- Strong attention to detail and ability to work under pressure.
- Effective communication skills, both written and verbal.
- Professional certifications, such as CFA or FRM, are a plus.
Similar Job Titles
- Credit Analyst
- Risk Analyst
- Financial Risk Analyst
- Loan Officer
- Credit Risk Manager
- Underwriting Analyst
- Credit Risk Consultant
- Portfolio Risk Analyst
