Credit Analyst

Job Description :

Credit analysts must be able to handle very high levels of responsibility in their jobs – some lending proposals may be for amounts as great as £50,000,000

What does a credit analyst do?

Credit analysts determine the credit worthiness of people or companies applying for loans.

Employers include commercial, investment and foreign banks, private equity firms, investment / asset management companies, insurance companies and specialist credit rating agencies (for example : S&P Global Ratings, Dun and Bradstreet). Typical tasks include :

• gathering information about clients
• reading financial briefings
• assessing, analysing and interpreting complicated financial information
• undertaking risk analysis by developing statistical models
• visiting clients
• keeping company credit exposures within set risk bearing limits
• completing loan application forms and submitting to loan committees for approval
• using credit-scoring systems for small credit amounts (such as small unsecured personal loans)
• keeping knowledge of key issues up-to-date (for example legal, market risk and compliance issues)
• helping to enhance the quality of credit applications
• making recommendations about procedural / policy changes.

Key Skills :