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.
Responsibilities:
- Recommendation of credit terms to legal department;
- Timely completion of credit applications;
- Review and analysis of clients financial statements;
- Assisting in stress testing exercises of the portfolio;
- Preparing portfolio and credit risk management reports;
- Liaison with Front Office and other departments;
- Review of industry developments which may affect the credit worthiness of a client;
- Providing Senior Managers across the bank with insight into business performance and future potential;
- Some light report design, coding, and automation;
- Production of monthly risk reporting materials, including analysis and summary for the Board of Directors;
- Opportunity for data science (R/Python based);
- Produce actionable Management Information and insights;
- Overall, ensure the business is operating within risk appetite, inform business strategy and support the development of Credit Risk metrics;
- Identifying credit deterioration/
- Analysing credit risk performance.
Requirements:
- Statistical analysis and data mining to agreed objectives and deadlines;
- liaising with senior management and internal teams;
- Experience programming in SAS, SQL, or a similar programming language;
- manipulating and analysing large sets of customer data using SAS, SQL;
- Experience in analysing data using statistical packages;
- Strong communication, relationship and influencing skills to communicate with non-technical stakeholders across the business;
- investigating and providing insight into portfolio trends;
- spearheading strategic initiatives to drive portfolio performance;
- A minimum of 2 years’ experience in a similar role as a Credit Risk Analyst.