Credit Analyst

Tolleson Wealth Management•Dallas, TX

81d•Onsite

About The Position

The Credit Analyst will conduct thorough financial analysis of applicants, evaluate collateral, perform due diligence, and assess credit risk. This role involves preparing credit packages, maintaining documentation, and staying informed about industry trends. The 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.