Will “Escrow Representative” be Replaced By Robots? 🤔
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“Escrow Representative” will definitely be replaced by robots.
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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.
- Review individual or commercial customer files to identify and select delinquent accounts for collection.
- Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
- Confer with credit association and other business representatives to exchange credit information.
- 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.
- Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
- Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity.
- Prepare reports that include 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.
Related Technology & Tools
- Personal computers
- Notebook computers
- Desktop computers
- Scanners
- 10-key calculators
- Moody's KMV Financial Analyst
- Microsoft Excel
- Credit adjudication and lending management system CALMS
- eCredit Enterprise
- Microsoft PowerPoint
- Fair Isaac Application Risk Model Software
- Fair Isaac Falcon ID
- Experian Quest
- Moody's KMV CreditEdge
- Equifax Application Engine
- Experian FraudShield
- CGI-AMS BureauLink Enterprise
- Experian Detect
- Microsoft Word
- Fair Isaac Capstone Decision Manager
- Moody's KMV Risk Analyst
- Microsoft Office
- CGI-AMS CACS Enterprise
- Moody's KMV Decisions
- SAP
- Moody's KMV Risk Advisor
- CGI-AMS Strata
- Credit fraud detection software
- Equifax Advanced Decisioning
- Structured query language SQL
- Dun and Bradstreet Global DecisionMaker
- Experian Retention Triggers
- Oracle JD Edwards EnterpriseOne
- Experian Strategy Management
- Experian Transact SM
- Credit and risk analysis software
- Experian Credinomics
- Equifax InterConnect
- SAS