Will “Escrow Representative” be Replaced By Robots? 🤔
100 % Chance of Automation
“Escrow Representative” 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.
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.
- 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
- Risk Analyst
- Credit Risk Analyst
- Credit Representative
- Credit Manager
- Credit and Collections Analyst
- Credit Analyst
- Credit Administrator
- Loan Review Analyst
- Loan Officer
- Financing Analyst
- Financial Analyst
- Credit Specialist
- Credit Negotiator
- Credit Assessment Analyst
Tasks for “Escrow Representative”
- Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
- 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.
- 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.
- Consult with customers to resolve complaints and verify financial and credit transactions.
- Generate financial ratios, using computer programs, to evaluate customers' financial status.
- Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
- 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
- Personal computers
- Desktop computers
- 10-key calculators
- Notebook computers
- Structured query language SQL
- Experian Strategy Management
- Equifax InterConnect
- Moody's KMV Risk Advisor
- Equifax Application Engine
- Equifax Advanced Decisioning
- Moody's KMV Financial Analyst
- Oracle JD Edwards EnterpriseOne
- Fair Isaac Falcon ID
- Experian Credinomics
- Experian Detect
- CGI-AMS Strata
- Dun and Bradstreet Global DecisionMaker
- Moody's KMV CreditEdge
- CGI-AMS CACS Enterprise
- Experian Quest
- Credit adjudication and lending management system CALMS
- Microsoft PowerPoint
- Microsoft Word
- Experian Transact SM
- Microsoft Excel
- Moody's KMV Decisions
- eCredit Enterprise
- Experian Retention Triggers
- Experian FraudShield
- Fair Isaac Capstone Decision Manager
- Credit fraud detection software
- Credit and risk analysis software
- Moody's KMV Risk Analyst
- Fair Isaac Application Risk Model Software
- CGI-AMS BureauLink Enterprise
- Microsoft Office