Credit Analyst

Job Summary

The Credit Analyst will review the creditworthiness of individuals or businesses to determine the risk involved in lending money or extending credit.

Title:
Credit Analyst

Note:

this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

• Analyzes credit data and financial statements of individuals or businesses to identify the degree of risk involved in lending money or extending credit.
• For individuals, performs research to verify employment and income, inspects reports from credit reporting agencies, and reviews FICO scores.
• For businesses, compares to similar businesses in terms of liquidity, profitability, and credit histories.
• Uses computer software to further evaluate customers’ financial status and produce financial ratios.
• Compiles information, completes loan applications, and composes reports detailing the degree of risk involved in loan or credit request; recommends approval or denial based on results.
• Sets interest rate and minimum or maximum term of repayment for customers based on earnings, savings data, payment history, and purchase activity.
• Determines the expected profitability of loans by analyzing a business’s financial data including quality of management, income growth, and market shares.
• Resolves customer complaints and verifies transactions through consultation.
• Identifies delinquent accounts through the review of individual or commercial customer files.
• Performs other related duties as assigned.

• Ability to exhibit our core values:
  Integrity, Enthusiasm, Accountability, Excellence, Customer First, Professionalism, and Respect.
• Identify and report risks that could impede the reputation, safety, security, or financial success of the bank.
• Excellent verbal and written communication skills.
• Proficient in Microsoft Office Suite or related software, as well as analysis software.
• Basic understanding of relevant equipment, policies, procedures and strategies used in credit analysis.
• Ability to identify discrepancies and problems.

• Bachelor’s degree in Accounting, Economics, Finance, Statistics, or Mathematics required.

Vision Bank