Credit Analyst

Tolleson Wealth Management • Dallas, TX

82d

About The Position

Tolleson Wealth Management is seeking a Credit Analyst to join their team. The Credit Analyst will be responsible for conducting thorough financial analysis of applicants, evaluating collateral, performing due diligence, and assessing credit risk. This role involves preparing detailed credit packages, maintaining accurate documentation, and staying informed about industry trends and regulatory changes. The Credit Analyst will also assist in client service functions and other duties as assigned by management.

Requirements

• Bachelor’s degree in business, finance, or accounting
• Minimum one-year experience in a financial analyst or credit analyst role with a financial institution or mortgage company
• Proficient in prioritizing tasks effectively, ensuring timely completion of assignments.
• Strong analytical skills with a keen attention to detail
• Strong verbal and written communication skills
• Must consent to and have favorable consumer report and background check

Responsibilities

• Conduct thorough financial analysis of applicants, including reviewing financial statements and tax returns to assess creditworthiness.
• Evaluate the strength of collateral offered by applicants to secure credit, ensuring its adequacy and relevance in mitigating credit risk.
• Conduct due diligence on potential clients, verifying information provided and ensuring compliance with company policies and industry regulations.
• Retrieve and analyze consumer credit reports.
• Assess the credit risk associated with each application, taking into consideration factors such as ability to repay, payment history, debt levels, and industry trends.
• Prepare detailed credit packages and maintain accurate documentation of the credit analysis process.
• Prepare compliance reports for collateral monitoring and associated maintenance, as needed.
• Stay informed about industry trends, economic conditions, and regulatory changes that may impact credit decisions.
• Assist in all other functions of client service including origination, maintenance, and retention of client portfolios.
• Other duties as assigned by management.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level