Associate Credit Analyst

Job Title: Associate Credit Analyst

Job Overview

As an Associate Credit Analyst, you will assist in evaluating the creditworthiness of individuals and organizations by analyzing financial data, assessing risk, and supporting decision-making processes related to credit approvals. This role is ideal for someone with strong analytical skills and an interest in credit analysis and risk management.

Responsibilities

• Analyze financial statements, credit reports, and other relevant data to assess the credit risk of potential and existing borrowers.
• Assist in the preparation of credit reports and recommendations for loan approvals, renewals, and modifications.
• Conduct due diligence and market research to support credit assessments and decision-making.
• Monitor and review the credit performance of existing loans, identifying any signs of potential issues or defaults.
• Collaborate with senior credit analysts and underwriters to evaluate credit applications and recommend appropriate credit terms.
• Maintain and update credit databases, ensuring accuracy and compliance with internal policies and regulatory requirements.
• Prepare and present summaries of credit analyses to senior management and credit committees.
• Stay informed about industry trends, economic conditions, and regulatory changes impacting credit risk.
  
  

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, or a related field.
• 1-3 years of experience in credit analysis, financial analysis, or a related role.
• Strong analytical skills with proficiency in financial modeling, data analysis, and credit assessment tools.
• Solid understanding of credit risk assessment principles, financial statements, and lending practices.
• Excellent communication and presentation skills, with the ability to convey complex financial information clearly.
• Detail-oriented with strong organizational skills and the ability to manage multiple tasks effectively.
• High level of integrity and a commitment to maintaining confidentiality and compliance with regulatory requirements.