• As a credit analyst, you have two main responsibilities to fulfil:
• Customer Interaction and Support - review and provide confirmation of documentation to support customer loan applications.
• Main Duties in Customer Interaction and Support Role:
• Review loan applications and verify the completeness of required documents.
• Coordinate with applicants to collect any missing information.
• Maintain accurate records of application status.
• Interact with customers to guide them through the loan application process.
• Explain application procedures, document requirements, and data submission.
• Demonstrate the loan application software to customers.
• Provide exceptional customer service with a polite and helpful demeanor.
• Customer / Applicant Credit Analysis – review Loan applications and assess their Credit Worthiness. An assessment of Credit Worthiness would require an extensive knowledge of Credit lending and procedures. It is expected to produce a detailed Credit Memo for each Loan application along with the calculation of relevant financial ratios and credit metrics. You are expected to consult with credit associations and rating agencies to obtain relevant credit information to strengthen the Credit Memo. It is critical that you accurately assess the credit score and repayment ability of the borrower. Success in this role will be demonstrated by providing valuable insights to help the firm make sound decisions on lending, safeguard receivables, boost interest income, and limit bad credit or non-performing loans. The Loan application would range from SME to Large corporations.
• Main Duties of Credit Analyst:
• Prepares credit memo, reports and loan recommendations.
• Evaluates credit profile, risk exposure, and other risk factors.
• Analyse balance sheet, cash flow, and credit history.
• Computes interest accruals and plots repayment schedule.
• Maintains and updates existing credit files.
• Stays updated about industry news, key trends, and macroeconomic news.
• Ensures compliance with credit policies.
• Reconcile credit files and identify discrepancies and variances.
• Develop and prepare spreadsheets and models to support analysis of new and existing credit applications.
• Conduct thorough analysis of financial statements and assessment of credit requests.
• Provide recommendations tied to analysis and assessment of credit risk.
• Present analysis, findings, and recommendations to managers, especially findings that involve a borrower’s ability to repay.

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