Will “Escrow Representative” be Automated?

Core Skills & Abilities

• Analyze financial data, such as income growth, quality of management, and market share to determine expected profitability of loans.

• Prepare reports that include the degree of risk involved in extending credit or lending money.

• Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.

• Generate financial ratios, using computer programs, to evaluate customers' financial status.

• Consult with customers to resolve complaints and verify financial and credit transactions.

• Contact customers to collect payments on delinquent accounts.

• Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.

• Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.

• Evaluate customer records and recommend payment plans, based on earnings, savings data, payment history, and purchase activity.

• Confer with credit association and other business representatives to exchange credit information.

• Review individual or commercial customer files to identify and select delinquent accounts for collection.