Credit Analyst

Lonestar Electric Industrial Supply•Houston, TX

18d

About The Position

The Credit Analyst reviews the creditworthiness of individuals and businesses to assess the risk involved in lending money or extending credit. The role analyzes financial information, evaluates loan and credit requests, recommends approval or denial, and may set repayment terms and interest rates. It also includes resolving customer complaints, verifying transactions, identifying delinquent accounts, and performing other related duties assigned by management. The job description is a general outline and may not cover every responsibility assigned.

Requirements

Bachelor’s degree in Accounting, Economics, Finance, Statistics, or Mathematics.
Excellent verbal and written communication skills.
Proficiency 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.

Responsibilities

Analyze credit data and financial statements of individuals and businesses to determine lending or credit risk.
For individuals, research employment and income, inspect credit-reporting-agency reports, and review FICO scores.
For businesses, compare liquidity, profitability, and credit histories with similar businesses.
Use computer software to evaluate customers’ financial status and produce financial ratios.
Compile information, complete loan applications, and prepare reports detailing risk; recommend approval or denial based on results.
Set interest rates and minimum or maximum repayment terms based on earnings, savings data, 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.