Commercial Credit Analyst
Plano, TX, United States
Specialize in determining a business's or individual's credit worthiness. Looks at all past credit purchases and, based on their findings, decides if a person or a corporation is worthy to receive a loan. The majority of credit analysts have a Bachelor's degree in mathematics, business, economics, or accounting. Reviewing numerical figures as a part of their daily function. Assess credit risk. Aggregate and evaluate data related to credit and credit risk to support organizational decision-making. Ensure that approved accounts remain in good standing. Establish terms for approved credit requests.
Responsibilities/Requirements:
Using our proprietary models, you will analyze information provided on commercial loan applications and other third party sites to determine credit worthiness and appropriately assess risk
Apply defined procedures to independently review and evaluate new and existing customers
Determine outcome of loan applications while adhering to Compliance and regulatory requirements
Make outbound calls to customers to validate information when necessary
Improve Underwriting process, policy, and workflow while identifying areas in need of further incremental improvement
Raise organizational awareness of issues and works to mitigate risk
Plan for efficient Underwriting work flow as the business scales
Hybrid work schedule requires 2-3 days in office a week
Top 3 skills:
(1) banking and/or payroll background
(2) computer skills to handle use of multiple apps
(3) critical thinking and analytical skills