Credit Analyst

Credit Analyst

Lonestar Electric Supply is looking for a Credit Analyst who will review the creditworthiness of individuals or businesses to determine the risk involved in lending money or extending credit.

Responsibilities:

• Analyzes credit data and financial statements of individuals or businesses to identify the degree of risk involved in lending money or extending credit.
• For individuals, performs research to verify employment and income, inspects reports from credit reporting agencies, and reviews FICO scores.
• For businesses, compares to similar businesses in terms of liquidity, profitability, and credit histories.
• Uses computer software to further evaluate customers' financial status and produce financial ratios.
• Compiles information, completes loan applications, and composes reports detailing the degree of risk involved in loan or credit request; recommends approval or denial based on results.
• Sets interest rate and minimum or maximum term of repayment for customers based on earnings, savings data, payment history, and purchase activity.
• Determines the expected profitability of loans by analyzing a business's financial data including quality of management, income growth, and market shares.
• Resolves customer complaints and verifies transactions through consultation.
• Identifies delinquent accounts through the review of individual or commercial customer files.
• Performs other related duties as assigned.

Requirements:

• Excellent verbal and written communication skills.
• Proficient 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.
• Bachelor's degree in Accounting, Economics, Finance, Statistics, or Mathematics required.

Physical Requirements:

• Lifting up to 25 lbs. may be required infrequently.
• Must be able to remain in a stationary position 50% of the time.
• Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer.

Benefits:

• Medical, dental, life and vision insurance
• 401(k) Retirement Plan and Match
• Paid Time Off
• Specified Paid Holidays

Disclaimer:

This job description is a general outline of the day-to-day duties to be expected and may not cover all job responsibilities that may be assigned by management.