Credit Analyst

Salary Range for Credit Analyst in Savings Institutions and Other Depository Credit Intermediation

The salary range for a Credit Analyst in Savings Institutions and Other Depository Credit Intermediation typically falls between $45,000 to $90,000 per year.

Sample Job Description for Credit Analyst in Savings Institutions and Other Depository Credit Intermediation Industry

Job Description:

As A Credit Analyst In The Savings Institutions And Other Depository Credit Intermediation Industry, Your Primary Objective Is To Evaluate The Creditworthiness Of Individuals, Businesses, And Organizations Applying For Loans Or Credit. You Will Assess Financial Data, Analyze Credit History, And Determine The Level Of Risk Associated With Extending Credit. This Information Is Crucial In Helping Your Organization Make Informed Decisions About Lending Money And Managing Potential Risks.

Job Requirements:

1. Bachelor'S Degree In Finance, Accounting, Or A Related Field. 2. Strong Analytical Skills And Attention To Detail. 3. Proficiency In Financial Analysis And Risk Assessment. 4. Knowledge Of Credit Scoring Models And Methodologies. 5. Familiarity With Regulatory Compliance And Lending Guidelines. 6. Excellent Written And Verbal Communication Skills. 7. Ability To Work Independently And Efficiently Under Pressure. 8. Proficiency In Financial Software And Spreadsheet Applications. 9. Strong Problem-Solving And Decision-Making Abilities. 10. Understanding Of Macroeconomic Factors And Their Impact On Credit Risk.

Job Responsibilities:

1. Review Loan Applications And Credit Reports To Assess Creditworthiness. 2. Analyze Financial Statements, Tax Returns, And Other Relevant Documents. 3. Evaluate Credit Risk And Determine Appropriate Loan Terms And Conditions. 4. Prepare Written Reports Summarizing Credit Analysis And Recommendations. 5. Collaborate With Loan Officers And Underwriters To Ensure Accurate Risk Assessment. 6. Monitor Existing Loan Portfolios And Identify Potential Credit Risks. 7. Develop And Maintain Relationships With Borrowers And External Stakeholders. 8. Stay Updated On Industry Trends, Regulatory Changes, And Best Practices. 9. Participate In Credit Committee Meetings And Provide Expertise. 10. Conduct Periodic Credit Reviews And Make Recommendations For Risk Mitigation.

Top 10 Employers for Credit Analyst in Savings Institutions and Other Depository Credit Intermediation:

1. JPMorgan Chase & Co. - New York, USA - www.jpmorganchase.com 2. Bank of America Corporation - Charlotte, USA - www.bankofamerica.com 3. Wells Fargo & Company - San Francisco, USA - www.wellsfargo.com 4. Citigroup Inc. - New York, USA - www.citigroup.com 5. Goldman Sachs Group, Inc. - New York, USA - www.goldmansachs.com 6. Morgan Stanley - New York, USA - www.morganstanley.com 7. U.S. Bancorp - Minneapolis, USA - www.usbank.com 8. PNC Financial Services Group, Inc. - Pittsburgh, USA - www.pnc.com 9. TD Bank Group - Toronto, Canada - www.td.com 10. HSBC Holdings plc - London, United Kingdom - www.hsbc.com

Career Path for Credit Analyst in Savings Institutions and Other Depository Credit Intermediation:

1. Entry-level position: Credit Analyst Trainee - Bachelor's degree in finance or related field (0-2 years). 2. Credit Analyst I - Bachelor's degree in finance or related field (2-4 years). 3. Credit Analyst II - Bachelor's degree in finance or related field (4-6 years). 4. Senior Credit Analyst - Bachelor's degree in finance or related field (6-8 years). 5. Credit Manager - Bachelor's degree in finance or related field (8+ years).

Top 5 Countries by Credit Analyst in Savings Institutions and Other Depository Credit Intermediation:

1. United States 2. Canada 3. United Kingdom 4. Australia 5. Germany

Top 5 Countries with Established Savings Institutions and Other Depository Credit Intermediation:

1. United States 2. China 3. Japan 4. Germany 5. United Kingdom