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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
- Credit Specialist
- Credit Negotiator
- Credit Assessment Analyst
Tasks for “Escrow Representative”
- Generate financial ratios, using computer programs, to evaluate customers' financial status.
- Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity.
- Analyze financial data such as income growth, quality of management, and market share to determine expected profitability of loans.
- 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.
- Consult with customers to resolve complaints and verify financial and credit transactions.
- 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.
Related Technology & Tools
- Personal computers
- 10-key calculators
- Notebook computers
- Scanners
- Desktop computers
- Moody's KMV Risk Advisor
- Fair Isaac Application Risk Model Software
- Credit adjudication and lending management system CALMS
- Oracle JD Edwards EnterpriseOne
- Fair Isaac Capstone Decision Manager
- Experian Quest
- Experian Transact SM
- Equifax InterConnect
- Credit fraud detection software
- Microsoft Word
- CGI-AMS BureauLink Enterprise
- CGI-AMS Strata
- Experian Credinomics
- Microsoft PowerPoint
- SAP
- Equifax Advanced Decisioning
- CGI-AMS CACS Enterprise
- Experian Detect
- eCredit Enterprise
- Microsoft Excel
- Dun and Bradstreet Global DecisionMaker
- Moody's KMV Financial Analyst
- SAS
- Moody's KMV Decisions
- Experian FraudShield
- Credit and risk analysis software
- Structured query language SQL
- Equifax Application Engine
- Moody's KMV CreditEdge
- Experian Strategy Management
- Experian Retention Triggers
- Moody's KMV Risk Analyst
- Fair Isaac Falcon ID
- Microsoft Office