Credit Analyst I analyzes the creditworthiness of prospective and current customers. Examines credit history using credit agency tools and evaluates potential risks. Being a Credit Analyst I makes recommendations on credit extensions within established guidelines. May make recommendations regarding bad debt or write-offs. Additionally, Credit Analyst I typically requires a bachelor’s degree. Typically reports to a supervisor or manager. The Credit Analyst I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Credit Analyst I typically requires 0-2 years of related experience.
Credit Analyst Job Description Template
Our company is looking for a Credit Analyst to join our team.
Responsibilities:
- Review existing customer accounts to manage current financial standing;
- Perform daily collections on past due accounts within an assigned portfolio;
- Resolve account differences by working with partners to insure timely issuance of credit memos;
- Possesses excellent communication skills with the ability to motivate, influence and inspire others. Leads by example;
- Thoroughly review and consider all relevant information while analyzing contracts to arrive at a decision;
- Maintain accurate credit and collection files and collection notes;
- Perform other duties as requested to accomplish department goals;
- Exercises independent judgment and applies prudent risk mitigation principles. Understands how and when to elevate issues when required;
- Ensure all necessary documentation is complete for all transactions;
- Meeting all KPIS expectations;
- Responding to credit inquiries from external and internal clients;
- Oversight and base knowledge of KYC and master data management process;
- Analyze bank data, public data and conduct KYC on all applicants;
- Reconcile customer statements/billings;
- Execute the established policies and procedures for review and follow-up of delinquent customer accounts receivable balances.
Requirements:
- Driven and Motivated personality;
- A high orientation toward being a team player, providing extraordinary service while furthering the First Republic Bank culture and values;
- The ability to think critically and independently as a proactive problem solver;
- Provide collection results without jeopardizing customer service standards;
- Build strong relationships with internal and external customers;
- Proficiency using Microsoft Word and Excel strongly preferred;
- Ability to analyze financial data and narrative information quickly and thoroughly;
- Strong organizational skills with ability to multi-task, plan and provide consistent follow-up;
- Interpersonal skills essential for interacting with credit union staff at all levels of the organization as well as business members;
- PC and internet proficiency strongly preferred;
- Excellent customer service skills;
- Highly motivated and focused;
- Bachelor’s degree in Accounting or Finance preferred;
- Ability to sit for extended periods of time;
- Proven ability to pay attention to detail.