Will “Credit Analysts” be Replaced By Robots? 🤔
100 % Chance of Automation
“Credit Analysts” 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
Also Known As…
- 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
- Escrow Representative
- Credit Specialist
- Credit Negotiator
- Credit Assessment Analyst
Tasks for “Credit Analysts”
- Analyze financial data such as income growth, quality of management, and market share to determine expected profitability of loans.
- 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.
- Consult with customers to resolve complaints and verify financial and credit transactions.
- 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.
- 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.
- Review individual or commercial customer files to identify and select delinquent accounts for collection.
Related Technology & Tools
- Personal computers
- Notebook computers
- 10-key calculators
- Scanners
- Desktop computers
- CGI-AMS Strata
- SAP
- Experian Retention Triggers
- Moody's KMV Risk Advisor
- Experian Transact SM
- Oracle JD Edwards EnterpriseOne
- Equifax Advanced Decisioning
- SAS
- Experian Credinomics
- CGI-AMS BureauLink Enterprise
- Equifax InterConnect
- Moody's KMV Risk Analyst
- Fair Isaac Application Risk Model Software
- Microsoft Office
- Microsoft Word
- Structured query language SQL
- Microsoft PowerPoint
- Moody's KMV Financial Analyst
- Fair Isaac Capstone Decision Manager
- Moody's KMV Decisions
- Experian FraudShield
- CGI-AMS CACS Enterprise
- Credit fraud detection software
- Experian Strategy Management
- Fair Isaac Falcon ID
- eCredit Enterprise
- Equifax Application Engine
- Credit adjudication and lending management system CALMS
- Experian Detect
- Dun and Bradstreet Global DecisionMaker
- Moody's KMV CreditEdge
- Microsoft Excel
- Credit and risk analysis software
- Experian Quest