Credit Analyst

Job Summary:

As a Credit Analyst, you will be responsible for evaluating the creditworthiness of individuals applying for loans. You will assess financial information such as income statements, and credit reports to determine the risk involved in extending credit to the applicant. You will analyze the information provided by the borrower to determine if the loan is suitable for the applicant and if the applicant is suitable for the loan. You will also review loan agreements to ensure that the terms and conditions of the loan are appropriate.

Key Responsibilities:

· Collect and analyze financial data of applicants to determine their creditworthiness

· Evaluate credit risk, develop credit profiles, and recommend appropriate credit limits

· Analyze financial statements, credit reports, and other relevant information to determine the creditworthiness of potential borrowers

· Verify the accuracy of financial data and ensure that all financial statements comply with relevant regulations

· Assess the borrower's ability to pay back the loan by reviewing the borrower's financial history, credit score, and other financial data

· Communicate with borrowers to obtain additional financial information or to discuss their credit status

· Monitor borrowers' creditworthiness and financial performance over time to assess credit risk and identify potential problems

· Work closely with loan officers to ensure timely processing of loan applications

· Keep up-to-date with changes in lending practices, regulations, and credit risk assessment tools

Requirements:

· Bachelor's degree in finance, accounting, or a related field

· Strong analytical skills, including the ability to analyze financial statements and credit reports

· Knowledge of lending practices, credit risk assessment tools, and regulatory compliance

· Excellent communication skills, including the ability to communicate complex financial information to non-financial stakeholders

· Strong attention to detail and the ability to work independently

· Proficiency in Microsoft Office, including Excel, Word, and PowerPoint.

· Ability to work well under pressure and meet tight deadlines

Job Types: Full-time, Permanent

Pay: ₹30,000.00 - ₹45,000.00 per month

Benefits:

• Flexible schedule
• Health insurance
• Leave encashment
• Paid sick time
• Paid time off
• Provident Fund

Experience:

• total work: 1 year (Required)

Work Location: In person