Will “Credit Risk Analyst” be Replaced By Robots? 🤔
100 % Chance of Automation
“Credit Risk Analyst” will definitely be replaced by robots.
This job is ranked #677 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.
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Job Description
Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decision making.
Job Details
- The SOC (Standard Occupational Classification) code is 13-2041.00
- The Mean Annual Wage in the U.S. is $ 81,160.00
- The Mean Hourly Wage is $ 39.00
- Currently, there are 72,930 people on this job
☝️ Information based on the reference occupation “Credit Analysts”.
Also Known As…
- Credit Analysts
- Underwriter
- Risk Analyst
- Credit Risk Analyst
- Credit Representative
- Credit Manager
- Credit and Collections Analyst
- Credit Analyst
- Credit Administrator
- Analyst
- Loan Review Analyst
- Loan Officer
- Financing Analyst
- Financial Analyst
- Factorer
- Escrow Representative
- Credit Specialist
- Credit Negotiator
- Credit Assessment Analyst
Tasks for “Credit Risk Analyst”
- Analyze financial data such as income growth, quality of management, and market share to determine expected profitability of loans.
- Consult with customers to resolve complaints and verify financial and credit transactions.
- 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.
- Prepare reports that include the degree of risk involved in extending credit or lending money.
- Review individual or commercial customer files to identify and select delinquent accounts for collection.
- Generate financial ratios, using computer programs, to evaluate customers' financial status.
- Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
- Confer with credit association and other business representatives to exchange credit information.
- Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity.
Related Technology & Tools
- 10-key calculators
- Scanners
- Notebook computers
- Desktop computers
- Personal computers
- Fair Isaac Application Risk Model Software
- Experian FraudShield
- Microsoft PowerPoint
- eCredit Enterprise
- Experian Retention Triggers
- CGI-AMS BureauLink Enterprise
- CGI-AMS Strata
- SAS
- Fair Isaac Falcon ID
- Equifax Advanced Decisioning
- Credit adjudication and lending management system CALMS
- Moody's KMV Risk Advisor
- Experian Detect
- Experian Credinomics
- Structured query language SQL
- Experian Transact SM
- CGI-AMS CACS Enterprise
- Microsoft Office
- Credit and risk analysis software
- Moody's KMV Financial Analyst
- Oracle JD Edwards EnterpriseOne
- Moody's KMV Risk Analyst
- Microsoft Excel
- Moody's KMV CreditEdge
- Moody's KMV Decisions
- Equifax InterConnect
- Dun and Bradstreet Global DecisionMaker
- SAP
- Fair Isaac Capstone Decision Manager
- Experian Quest
- Experian Strategy Management
- Microsoft Word
- Credit fraud detection software
- Equifax Application Engine