(Career Asssessments, Exploration & Counselling)
Career: Credit Analysts
Job Description
Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decision-making.
Job Tasks
Importance %age |
Task Description |
100
|
Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money. |
90
|
Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations. |
87
|
Confer with credit association and other business representatives to exchange credit information. |
83
|
Generate financial ratios, using computer programs, to evaluate customers' financial status. |
83
|
Consult with customers to resolve complaints and verify financial and credit transactions. |
80
|
Prepare reports that include the degree of risk involved in extending credit or lending money. |
73
|
Review individual or commercial customer files to identify and select delinquent accounts for collection. |
66
|
Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity. |
63
|
Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval. |
52
|
Analyze financial data such as income growth, quality of management, and market share to determine expected profitability of loans. |
Work Activities
Importance %age |
Activity Description |
64
|
Establishing and Maintaining Interpersonal Relationships
|
62
|
Getting Information
|
62
|
Communicating with Supervisors, Peers, or Subordinates
|
61
|
Organizing, Planning, and Prioritizing Work
|
61
|
Processing Information
|
60
|
Analyzing Data or Information
|
60
|
Making Decisions and Solving Problems
|
60
|
Resolving Conflicts and Negotiating with Others
|
56
|
Updating and Using Relevant Knowledge
|
54
|
Evaluating Information to Determine Compliance with Standards
|
53
|
Identifying Objects, Actions, and Events
|
49
|
Documenting/Recording Information
|
49
|
Interacting With Computers
|
48
|
Performing Administrative Activities
|
48
|
Judging the Qualities of Things, Services, or People
|
47
|
Communicating with Persons Outside Organization
|
42
|
Interpreting the Meaning of Information for Others
|
42
|
Monitor Processes, Materials, or Surroundings
|
41
|
Coaching and Developing Others
|
40
|
Provide Consultation and Advice to Others
|
38
|
Developing and Building Teams
|
38
|
Scheduling Work and Activities
|
35
|
Coordinating the Work and Activities of Others
|
33
|
Performing for or Working Directly with the Public
|
33
|
Developing Objectives and Strategies
|
32
|
Thinking Creatively
|
32
|
Training and Teaching Others
|
31
|
Estimating the Quantifiable Characteristics of Products, Events, or Information
|
30
|
Selling or Influencing Others
|
30
|
Guiding, Directing, and Motivating Subordinates
|
23
|
Assisting and Caring for Others
|
18
|
Monitoring and Controlling Resources
|
16
|
Staffing Organizational Units
|
14
|
Handling and Moving Objects
|
13
|
Inspecting Equipment, Structures, or Material
|
10
|
Controlling Machines and Processes
|
7
|
Repairing and Maintaining Electronic Equipment
|
7
|
Operating Vehicles, Mechanized Devices, or Equipment
|
6
|
Performing General Physical Activities
|
5
|
Drafting, Laying Out, and Specifying Technical Devices, Parts, and Equipment
|
2
|
Repairing and Maintaining Mechanical Equipment
|