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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”
- Confer with credit association and other business representatives to exchange credit information.
- 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.
- 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.
- Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
- Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity.
- Consult with customers to resolve complaints and verify financial and credit transactions.
- 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.
Related Technology & Tools
- 10-key calculators
- Notebook computers
- Desktop computers
- Personal computers
- Scanners
- SAS
- Credit adjudication and lending management system CALMS
- Experian Quest
- Credit fraud detection software
- CGI-AMS Strata
- Oracle JD Edwards EnterpriseOne
- Dun and Bradstreet Global DecisionMaker
- eCredit Enterprise
- Microsoft Excel
- SAP
- Fair Isaac Capstone Decision Manager
- Experian Detect
- Moody's KMV Decisions
- Fair Isaac Falcon ID
- Experian Transact SM
- Equifax Advanced Decisioning
- Experian Strategy Management
- CGI-AMS BureauLink Enterprise
- Experian Retention Triggers
- Moody's KMV Financial Analyst
- Moody's KMV Risk Advisor
- Structured query language SQL
- Moody's KMV Risk Analyst
- Experian Credinomics
- Fair Isaac Application Risk Model Software
- Moody's KMV CreditEdge
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Equifax Application Engine
- CGI-AMS CACS Enterprise
- Equifax InterConnect
- Credit and risk analysis software
- Experian FraudShield