Credit Analyst

From Open Risk Manual

Definition

A Credit Analyst (also Credit Risk Analyst) is an individual formally responsible for the performance of Credit Risk Analysis.

Roles and Responsibilities

A credit analyst uses the concepts, tools and processes that are associated with the organized extension of credit (e.g., lending) by an organization. The objective is to evaluate qualitative and quantitative aspects of credit risk and thereby support decision making (Credit Origination, Credit Portfolio Management).

A credit analyst would typically not have approval authority themselves, this would be performed e.g. by a Credit Controller

Specializations

Skills

Description of the abilities, proficiencies, know-hows, skills the a person must possess in order to carry out the risk management responsibilities

  • Business Skills
  • Technical Skills
  • General Skills (Linguistic)

Seniority Level

Indication as to whether the function is formally segmented into seniority levels (e.g. junior, senior) that have material skill / experience requirements and are not simply organizational arrangements.

Experience

Experience denotes the intangible qualities acquired by a person in the process of having performed certain functions in the past

  • Required experience in related business models
  • General work experience

Education

Education denotes any formal and long duration training that is considered an important prerequisite for a role

  • Educational level, e.g., university or college degree
  • Subject matter of studies / Specialization
  • Educational institution

Qualifications

Qualifications are formal certifications that a person fulfills some professional requirements

  • Certifications
  • Accreditations
  • Admittance to professional societies etc.

Semantic Data

  • The ESCO Code to which this job best corresponds to (as the most detailed leaf of the tree)



References



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