Analyst, Credit Job Description
Analyst, credit
provides application training on MS Office, including MS Outlook.
Analyst, Credit Duties & Responsibilities
To write an effective analyst, credit job description, begin by listing detailed duties, responsibilities and expectations. We have included analyst, credit job description templates that you can modify and use.
Sample responsibilities for this position include:
Researching and accounting reconciliation for portfolio of accounts
Assisting customers with inquiries and invoices
Reconciling customer account as needed and matching offsets, identifying on account payments, following up on credits for outstanding deductions
Process annual reviews of clients with existing credit facilities
Analyze new loan requests secured by marketable securities and residential real estate
Provide risk assessment and credit structure recommendations
Monitor daily release of Credit Hold orders and initiate appropriate collection activities
Manage a portfolio of accounts that include optometrists, surgery centers, and practitioners office to ensure appropriate progress is achieved on yearly goals and continuous improvement occurs on key operating measures including DSO, reduction of past due balances, timely resolution and reduction of past due balances
Initiate write off requests, customer refunds, monthly AR Analysis reports, and month end adjustments for offsets, expenses, small balance write-offs, and Bad Debt write-off documentation
Monitor Credit Limits and initiate change authorization document and route for approval
Analyst, Credit Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Analyst, Credit
List any licenses or certifications required by the position: CFA, CPA, NACM, ICF, BIC, CBA, CRC, CCE
Education for Analyst, Credit
Typically a job would require a certain level of education.
Employers hiring for the analyst, credit job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Finance, Accounting, Business, Business/Administration, Economics, Education, Associates, Graduate, MBA, Business/Management
Skills for Analyst, Credit
Desired skills for analyst, credit include:
Excel
Credit analysis for clients
Credit and risk management fundamentals
SQL
Accounting
MS Office
Regularly track sector developments on an on-going basis
Statistics
Customer incentives and marketing programs
MS Office and MS Outlook tools
Desired experience for analyst, credit includes:
Good English writing and listening skills required
Contribute to a fair, positive and equitable environment that supports a diverse workforce
Advanced knowledge on products, end-to-end processes and systems for own specialized area
Advanced knowledge and understanding of the operating environment, business process and procedures, and transaction lifecycle for own area (e.g., processing environment, applications, software, hardware, products)
Advanced level knowledge with some form of related training and/or related experience or skills
Ability to execute on routine requests
Analyst, Credit Examples
1
Analyst, Credit Job Description
Job Description Example
Our innovative and growing company is looking for an analyst, credit. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for analyst, credit
- Monitor shortage, price discrepancy, and recall deductions
- Prevent deductions through proactive claim resolution
- Receive EDI data and determine whether to process ordeny credit based on a number of variable criteria
- Utilize return data from both the company and the third party systems
- Be responsible for collecting information on products claimed to have been damaged and/or destroyed during shipment and for the determination of whether or not credit should be granted or replacement product sent to the customer
- Be the primary point of contact to authorize, generate, and initiate returns to the company or for the re-routing of orders
- Work with various operating areas and collaborate with Receivable Analysts to facilitate the timely resolution of deductions and the matching/offsetting of credits to deductions
- Regular interaction with customers to resolve disputes on a timely basis
- Develop productive working relationships with customers in order to initiate an effective dispute resolution process
- Create and develop new reports on an as-needed basis and assist internal department with various requests
Qualifications for analyst, credit
- Completes work within specifically defined parameters with guidance / direction from management as necessary*LW*
- Provide sound advice and solutions utilizing established customer service framework
- Positively contribute to the overall customer experience and foster good relationships with internal and external partners
- Ensure all credit decisions are fulfilled meeting service level agreements
- Contribute to the ongoing improvement of the customer experience within the Business Area
- Provide subject matter expertise in order to facilitate credit adjudication for partners
2
Analyst, Credit Job Description
Job Description Example
Our growing company is looking to fill the role of analyst, credit. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for analyst, credit
- Ensures monthly, quarterly and special reports are completed in an accurate and timely manner for bank management
- Analyze and approve credit limits and releases for all existing accounts
- Keep up to date records on all accounts so that master files can update the account accurately address changes, contact information, shipping changes
- Understands the established continuous improvement objectives for the region
- Develop, document, monitor and enhance credit rating models
- Communicate and report model exposure, standards, tolerances, and other information to internal and external parties
- Perform an ongoing assessment and measurement of the company's model risk profile and recommend revisions to the company's models as appropriate
- Prepare credit reports to assign collateral categories
- Perform credit risk reviews on counter-parties and vendors members to determine appropriate collateral levels and any lending restrictions
- Research, compile, and format management and departmental reports (BOD, CRC)
Qualifications for analyst, credit
- Strong foundational understanding of credit principles and practices
- Strong communication skills and successful Relationship Building Skills
- Demonstrates flexibility by adapting to change within the business area and unit
- Strong attention to detail and analytical mindset, willing to look at the big picture while maintaining the risk profile of the bank
- Strong understanding of audit, compliance and product policy
- The ideal candidate has 3 years of working experience in banking sector with related in underwriting for corporate or LLC/MNC customers
3
Analyst, Credit Job Description
Job Description Example
Our company is searching for experienced candidates for the position of analyst, credit. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for analyst, credit
- Assist the loan officer in the gathering of appropriate information necessary for the proper underwriting of extensions of credit
- Participate in formal and informal training sessions with loan officers, Credit Administration, and other bank personnel in an effort to increase incumbent`s knowledge base
- Prepare collateral valuations
- Prepare cash flow analysis
- Prepare internal loan memoranda
- Prepare industry analysis
- Prepare internal loan application analysis
- Analyze pertinent information and develop appropriate other internal loan application documentation used in the approval process
- Assist the loan officers in the presentation of loan requests to the Management Loan Committee
- Work with loan officers to prepare appropriate collateral documentation
Qualifications for analyst, credit
- Requires general understanding of the overall function and/or businesses supported
- Prior experience with Moody’s Risk Analyst preferred
- Intermediate knowledge and understanding of the operating environment, business process and procedures, and transaction lifecycle for own area
- Intermediate level knowledge and with some form of related training and/or related experience or skills
- Identifies key operational/reporting/proces issues for own area
- Previous experience and proven success in area of credit risk analysis focusing on small business lending in a private bank, commercial bank, or wealth management organization
4
Analyst, Credit Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of analyst, credit. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for analyst, credit
- Monitors interim submission of financial information to identify adverse trends and monitor progress
- Ensures preparation and signing of loan extension and renewal documents and tracks completion of pending, post-closing, and tickler items
- Monitors commercial loans secured by marketable securities to ensure collateral adequacy based on current market values
- Provides current financial information and other documentation for sold participations and obtains similar information for participations purchased
- Assists lenders in correcting technical exceptions listed by regulatory agencies or bank services to ensure compliance requirements are satisfied
- Ensuring applications are correct and kept up to date
- Personally apply required Bank and legislative policy and, as a member of the team, support the adherence to these standards throughout the team
- Record and track timely annual reviews for connections
- Preparing reports about the degree of risk in lending money
- Analyzing records and using the data to recommend payment plans
Qualifications for analyst, credit
- Able to hold credible dialogue at all levels of the organisation, with clients
- 2 years work experience in financial service industry
- Understanding Bank Loan Policy and Procedures
- Compile various reports to be presented to senior management which may include underwriting presentations for new loan requests or investments
- Prepare Professional Investment and Credit Presentations using presentation software and tools such as PowerPoint, Adobe Photoshop, and similar
- Self-motivated, team player with the ability to manage and prioritize multiple tasks in order to meet deadlines
5
Analyst, Credit Job Description
Job Description Example
Our growing company is looking to fill the role of analyst, credit. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for analyst, credit
- Work collaboratively with other sovereign and financial analysts in the global fixed income team
- Work collaboratively with the quant group on macro-economic models
- Adhere to the business goals of the Company
- Review and release orders and work with VJ customers and team members to resolve open issues
- Contact and collect Trade references
- Retrieve and review published financial statements, and request and collect financial statements from private companies with the ability to analyze and evaluate the company’s financial status
- Strictly adhere to internal approval matrix
- Provide direction to the collectors as to orders that can or cannot be released
- Relay approved credit limits back to internal requestor
- Communicate directly with customers and sales reps when necessary to advise on credit decisions, negotiate prepayments and payment terms
Qualifications for analyst, credit
- 5+ years’ experience in analyzing and decisioning consumer automotive credit, ideally with a captive automotive finance company or major bank, and including both loans and leases
- Responsible for write-up of IIB credit proposals by working closely with Frontline and Risk
- Academic understanding of Credit principles and policies
- 3+ years of experience and proven success in area of credit risk analysis focusing on small business lending in a private bank, commercial bank or wealth management organization
- Consistently meet performance standards set by the department
- Contribute ideas and recommendations for process improvements to the department or company