Will “Credit Analyst” be Replaced By Robots? 🤔
100 % Chance of Automation
“Credit 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.
Care to share? Click for Facebook, Twitter, LinkedIn, or XING. 👍
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 Administrator
- Analyst
- Loan Review Analyst
- Loan Officer
- Financing Analyst
- Financial Analyst
- Factorer
- Escrow Representative
- Credit Specialist
- Credit Negotiator
- Credit Assessment Analyst
- Credit Analyst
Tasks for “Credit Analyst”
- Analyze financial data such as income growth, quality of management, and market share to determine expected profitability of loans.
- Confer with credit association and other business representatives to exchange credit information.
- Review individual or commercial customer files to identify and select delinquent accounts for collection.
- Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity.
- 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.
- Consult with customers to resolve complaints and verify financial and credit transactions.
- Generate financial ratios, using computer programs, to evaluate customers' financial status.
- 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.
Related Technology & Tools
- Desktop computers
- Notebook computers
- 10-key calculators
- Personal computers
- Scanners
- Microsoft Office
- SAP
- Experian Quest
- Credit adjudication and lending management system CALMS
- Equifax InterConnect
- CGI-AMS BureauLink Enterprise
- Experian Retention Triggers
- Moody's KMV Risk Advisor
- Fair Isaac Falcon ID
- Dun and Bradstreet Global DecisionMaker
- Moody's KMV CreditEdge
- Oracle JD Edwards EnterpriseOne
- Moody's KMV Risk Analyst
- Fair Isaac Application Risk Model Software
- Experian Detect
- Microsoft Word
- Microsoft Excel
- Fair Isaac Capstone Decision Manager
- Experian Strategy Management
- Microsoft PowerPoint
- CGI-AMS CACS Enterprise
- CGI-AMS Strata
- Experian FraudShield
- Experian Transact SM
- Equifax Advanced Decisioning
- Structured query language SQL
- Experian Credinomics
- Moody's KMV Decisions
- SAS
- Equifax Application Engine
- eCredit Enterprise
- Credit and risk analysis software
- Credit fraud detection software
- Moody's KMV Financial Analyst