Credit Analyst

Smart Care • Fishers, IN

1d • Onsite

About The Position

A credit analyst role involves assessing the creditworthiness of an individual or company to determine the likelihood that they will honor their financial obligations. Credit analysts evaluate a borrower’s past financial and credit history to determine their financial health and their ability to repay credit advanced to them by a lender. Typically, credit analysts are employed by credit rating agencies, credit card-issuing companies, commercial and investment banks, and investment companies.

Requirements

• Strong analytical and critical thinking abilities to interpret financial data.
• Proficiency in mathematics and statistics to perform financial modeling and risk analysis.
• Ability to clearly communicate findings and recommendations to stakeholders.
• Ability to identify potential credit risks and develop solutions.
• Rigorous attention to detail to ensure accuracy in analysis and reporting.
• Familiarity with financial institutions, lending practices, and credit risk management principles.
• Bachelors degree in Business or related field, or commensurate work experience
• 2+ years of professional, relevant work experience in accounting, collections, customer service or similar function
• Moderate to Advanced Excel skills
• Analytical aptitude
• Good communication and organizational skills
• High degree of detail orientation and professionalism
• Able to work efficiently and effectively in a highly detailed role
• Proven success in delivering results in a high-growth environment
• Strong computer skills in a Windows-based environment and the ability to learn and utilize unique proprietary software programs.

Responsibilities

• Gather and review financial data, such as income statements, balance sheets, and credit reports, to assess the borrower's ability to repay debt.
• Evaluate the risk associated with extending credit, considering factors like income, debt-to-income ratio, credit history, and payment behavior.
• Based on analysis, provide recommendations on loan approvals, credit limits, and other lending decisions.
• Document findings and present them in clear and concise reports.
• Work with other departments, such as lending, sales, and operations, to ensure consistent credit risk management practices.

What This Job Offers

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