Credit Analyst

Lonestar Electric Supply•Houston, TX

About The Position

The Credit Analyst reviews the creditworthiness of individuals and businesses to assess lending and credit risk. The role analyzes credit data and financial statements, verifies individual employment and income, reviews credit reports and FICO scores, and compares businesses on liquidity, profitability, and credit history. The analyst uses software to evaluate financial status and calculate ratios, prepares loan applications and risk reports, and recommends approval or denial. The role also sets interest rates and repayment terms, evaluates expected loan profitability, resolves customer complaints and verifies transactions, and identifies delinquent accounts. Other related duties may be assigned.

Requirements

Excellent verbal and written communication skills.
Proficiency in Microsoft Office Suite or related software, as well as analysis software.
Basic understanding of 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.

Responsibilities

Analyze credit data and financial statements to assess the risk involved in lending money or extending credit.
Research and verify individuals’ employment and income, inspect credit reporting agency reports, and review FICO scores.
Compare businesses with similar businesses based on liquidity, profitability, and credit histories.
Use computer software to evaluate customers’ financial status and produce financial ratios.
Compile information, complete loan applications, and prepare reports detailing credit risk; recommend approval or denial based on the results.
Set interest rates and minimum or maximum repayment terms based on customers’ earnings, savings, payment history, and purchase activity.
Analyze business financial data, including management quality, income growth, and market shares, to determine expected loan profitability.
Resolve customer complaints and verify transactions through consultation.
Identify delinquent accounts by reviewing individual or commercial customer files.
Perform other related duties as assigned.