The Credit Risk Analyst I extracts data from a variety of sources and uses data to build simple to moderately complex financial models that predict risk exposure. Provides analysis and evaluation in order to reduce credit risk for a financial institution. Being a Credit Risk Analyst I requires a bachelor’s degree. Prepares performance reports for management. In addition, Credit Risk Analyst I typically reports to a supervisor or manager. Being a Credit Risk Analyst I works on projects/matters of limited complexity in a support role. Work is closely managed. Working as a Credit Risk Analyst I typically requires 0-2 years of related experience.
Credit Risk Analyst Job Description Template
Our company is looking for a Credit Risk Analyst to join our team.
- Annual reviews of existing customers;
- Write-up, approve and or recommend commercial credit requests within delegated authority;
- Assist with the maintenance of department reports and dashboards;
- Complete annual reviews and requests for increases for existing customers;
- Review of commercial/lease loan requests for new customers;
- Work closely with risk and sales teams to develop and structure transactions;
- Work effectively across departments in all facets of risk management;
- Portfolio management;
- Review financial statements, tax returns, commercial and consumer credit reports and other sources to evaluate customers’ credit capacity;
- Work with the contract’s team to ensure documentation is executed properly.
- Comfortable working in a customer service-oriented environment and addressing questions from both OCC colleagues and OCC counterparties;
- Ability to work well under pressure with multiple priorities and time-sensitive deadlines;
- Ability to read and understand financial statements, brokerage statements, and accounting records;
- Strong written and verbal communication skills;
- Excellent organization skills must be detail oriented;
- Bachelors degree in Risk Management, Accounting, (Computational/Quantitative) Finance, Economics or related field required;
- 2-3 years of counterparty credit risk or relevant financial services industry experience;
- Basic knowledge of regulatory rules and regulations related to the SEC/CFTC;
- Demonstrated analytical and problem-solving skills and the ability to work in a collaborative environment.