Job Brief
As a Factorer, you will play a crucial role in assessing the creditworthiness of individuals and businesses by analyzing financial statements and credit data. Your expertise will assist in determining the risk levels associated with extending credit or providing loans. This position requires a detail-oriented professional with strong analytical skills and knowledge of financial practices. The ideal candidate will possess experience in credit analysis and be proficient in preparing detailed reports to facilitate informed decision-making.
Responsibilities
- Analyze credit data and financial statements to evaluate the creditworthiness of potential borrowers.
- Prepare comprehensive reports summarizing credit information for internal stakeholders.
- Conduct risk assessments to identify potential financial exposure associated with lending activities.
- Collaborate with underwriting teams to ensure compliance with credit policies and guidelines.
- Monitor existing accounts to assess ongoing credit risk and recommend appropriate actions.
- Utilize credit scoring models and financial analysis tools to support decision-making processes.
- Stay updated on industry trends and regulations affecting credit and lending practices.
- Communicate findings and recommendations clearly to management and stakeholders.
Requirements
- Bachelor’s degree in finance, accounting, economics, or a related field.
- Proven experience in credit analysis, risk assessment, or a similar role.
- Strong analytical skills with proficiency in financial statement analysis.
- Familiarity with credit scoring systems and financial modeling techniques.
- Excellent written and verbal communication skills.
- Detail-oriented with strong organizational and time management abilities.
- Proficient in Microsoft Excel and credit analysis software.
- Possession of relevant certifications (e.g., CFA, FRM) is a plus.
Similar Job Titles
- Credit Analyst
- Loan Analyst
- Credit Risk Analyst
- Financial Analyst
- Risk Assessment Specialist
- Accounts Receivable Analyst
- Underwriting Analyst
- Credit Risk Manager
