Credit Analyst Job Description

What is the job description of a Credit Analyst? What are the duties and responsibilities of a Credit Analyst? What does a Credit Analyst do?

Job description of a Credit Analyst

A Credit Analyst, also known as Credit Risk Analyst, determines the creditworthiness and risk profile of an individual or business by analyzing their financial data, and deciding whether or not to extend them credit. Credit Analysts are typically employed by commercial banks and investment firms.

This Credit Analyst job description example includes the list of most important Credit Analyst duties and responsibilities as shown below. It can be modified to fit the specific Credit Analyst profile you're trying to fill as a recruiter or job seeker.

Credit Analyst Duties and Responsibilities

Credit Analyst job description should contain a variety of functions and roles including:

  • Investigate creditworthiness of existing or prospective clients
  • Examine financial transactions and credit history
  • Complete ratio, trend and cash flows analyses
  • Create projections based on historical data
  • Adhere to credit policy and guidelines
  • Monitor corporate portfolio asset quality
  • Draft models of credit information
  • Stay up to date with credit trends and patterns
  • Determine risk involved
  • Analyse data regularly
  • Produce clear and objective reports

Credit Analyst Requirements / Skills / Qualifications

Credit Analyst job description should include these common skills and qualifications:

  • B.Sc degree in Business, Statistics or related field
  • x years of proven working experience as a credit analyst or similar role
  • Proficiency in financial software
  • Strong interpersonal and communication skills
  • Critical-thinker and problem-solver
  • Sound judgement
  • Up to date with legal, compliance and market risk related issues
  • Good time-management skills
  • Ability to multi-task

As a hiring manager, recruiting an ideal Credit Analyst starts with crafting a good job description. Use this Credit Analyst job description template to save yourself time and help you attract the most qualified candidates. Feel free to revise it to meet your specific needs.

Job seekers interviewing for the role of a Credit Analyst may also reference it in preparation for the interview.