Credit Analyst Job In Assetcare Services
- Mifm Operations
- 1 to 5 Yrs
- Purnia
- 12 months ago
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Job Description
redit analyst is responsible for several tasks, which include providing guidance on credit risks related to lending programs that involve massive amounts of money. A bank, for example, will hire a credit analyst to help assess the different firms and individuals it can offer loans to and, thus, generate a return on their cash assets.
A credit analyst gathers and reviews financial data about loan applicants, including their payment habits and history, earnings and savings, and spending patterns. The credit analyst then recommends approval or denial of the loan
One of the roles of a credit analyst is to evaluate the credit risk of a customer by looking at their savings information, debt repaying history, earnings from business or employment, as well as their purchase activities. After analyzing said information, the analysts make a recommendation to the company on whether or not to provide credit terms to a customer.
Credit analysts are hired by commercial and credit unions to analyze the financial data of a potential client. The analyst will evaluate the clients credit payment history, assets, liabilities, and earnings history to determine their suitability for credit terms. In the case of a company, the credit analysts will evaluate its audited annual report, financial statements, management accounts, and market data.
In addition, the credit analyst looks at the clients level of risk to determine if the lender is protected in the event that the borrower defaults on their obligations. The lender relies on the credit analysts report to determine whether to approve or deny credit facilities, depending on the level of risk that the client presents.
Analytical skills
Attention to detail
Communication
Multitasking
Attention to detail
Ability to handle pressure
Communication
Risk management
Employement Category:
Employement Type: Full timeIndustry: BankingRole Category: Finance / Accounts / TaxFunctional Area: Not SpecifiedRole/Responsibilies: Credit Analyst Job In Assetcare ServicesContact Details:
Company: Assetcare ServicesLocation(s): Purnia
Keyskills: pressure management communication risk analytical
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