Credit Analyst

Lonestar Electric Industrial Supply•Houston, TX

12d•Onsite

About The Position

Lonestar Electric Supply is looking for a Credit Analyst who will review the creditworthiness of individuals or businesses to determine the risk involved in lending money or extending credit. This role involves analyzing financial data, compiling information, and making recommendations on loan or credit requests.

Requirements

Excellent verbal and written communication skills.
Proficient in Microsoft Office Suite or related software, as well as analysis software.
Basic understanding of relevant equipment, policies, procedures, and strategies used in credit analysis.
Ability to identify discrepancies and problems.
Bachelor’s degree in Accounting, Economics, Finance, Statistics, or Mathematics required.

Responsibilities

Analyzes credit data and financial statements of individuals or businesses to identify the degree of risk involved in lending money or extending credit.
Performs research to verify employment and income, inspects reports from credit reporting agencies, and reviews FICO scores for individuals.
Compares businesses to similar businesses in terms of liquidity, profitability, and credit histories.
Uses computer software to further evaluate customers’ financial status and produce financial ratios.
Compiles information, completes loan applications, and composes reports detailing the degree of risk involved in loan or credit request; recommends approval or denial based on results.
Sets interest rate and minimum or maximum term of repayment for customers based on earnings, savings data, payment history, and purchase activity.
Determines the expected profitability of loans by analyzing a business’s financial data including quality of management, income growth, and market shares.
Resolves customer complaints and verifies transactions through consultation.
Identifies delinquent accounts through the review of individual or commercial customer files.
Performs other related duties as assigned.