Credicxo

Credit analysts assess and make decisions about customer credit applications using a range of criteria including the purpose of the application, credit viability, customer payment history and customer credit-worthiness.

The responsibilities of the credit analyst include analysing credit data and financial information of persons or companies that are applying for credit or loans.

The Day-to-Day task of a Credit Analyst would be:

• Gathering information about clients.
• Reading financial briefings.
• Assessing, analysing and interpreting complicated financial information.
• Undertaking risk analysis by developing statistical models.
• Keeping company credit exposures within set risk bearing limits.
• 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.

Qualifications.

Credit analysts need at least a bachelor’s degree. This degree should be in a field, such as finance, accounting, or business. Areas of study that credit analysts will need to be familiar with include:

• Accounting.
• Finance.
• Ratio analysis.
• Statistics.
• Economics.
• Calculus
• Financial statement analysis.
• Risk assessment.

Key skills for credit analysts.

We seek adaptable, confident, reliable and motivated graduates with strong time management skills, a very good eye for detail and the ability to work effectively under pressure. Excellent IT, analytical, numerical, interpersonal, communication, problem-solving and teamworking skills are also essential.