Will “Credit Risk Analyst” be Replaced By Robots? 🤔
100 % Chance of Automation
“Credit Risk 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.
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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 Representative
- Credit Manager
- Credit and Collections Analyst
- Credit Analyst
- Credit Administrator
- Analyst
- Loan Review Analyst
- Loan Officer
- Financing Analyst
- Financial Analyst
- Factorer
- Escrow Representative
- Credit Specialist
- Credit Risk Analyst
- Credit Negotiator
- Credit Assessment Analyst
Tasks for “Credit Risk Analyst”
- Prepare reports that include the degree of risk involved in extending credit or lending money.
- Analyze financial data such as income growth, quality of management, and market share to determine expected profitability of loans.
- 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.
- Consult with customers to resolve complaints and verify financial and credit transactions.
- Confer with credit association and other business representatives to exchange credit information.
- Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
- Generate financial ratios, using computer programs, to evaluate customers' financial status.
- Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
Related Technology & Tools
- Notebook computers
- Personal computers
- Desktop computers
- Scanners
- 10-key calculators
- CGI-AMS BureauLink Enterprise
- Microsoft Excel
- Microsoft Office
- Experian Retention Triggers
- Experian Detect
- Dun and Bradstreet Global DecisionMaker
- Credit and risk analysis software
- Moody's KMV Risk Advisor
- CGI-AMS Strata
- Experian Credinomics
- Equifax InterConnect
- Moody's KMV CreditEdge
- Moody's KMV Financial Analyst
- Experian Strategy Management
- CGI-AMS CACS Enterprise
- eCredit Enterprise
- Moody's KMV Risk Analyst
- SAS
- Fair Isaac Falcon ID
- Microsoft PowerPoint
- Experian FraudShield
- Credit adjudication and lending management system CALMS
- Fair Isaac Capstone Decision Manager
- Oracle JD Edwards EnterpriseOne
- Equifax Application Engine
- Equifax Advanced Decisioning
- Moody's KMV Decisions
- Credit fraud detection software
- Experian Quest
- Structured query language SQL
- Experian Transact SM
- Fair Isaac Application Risk Model Software
- SAP
- Microsoft Word