Credit Analyst Job Description Sample Template
JOB TITLE:
- Credit Analyst
DUTIES and RESPONSIBILITIES:
- Systematically analyze the creditworthiness and risks of small to medium size businesses in a highly regulated industry.
- Process financing requests, including maintaining and updating credit files for all new and existing relationships.
- Collaborate with Finance and Accounting departments on all customer credit, billing, and collections actions.
- Recommend appropriate relationship credit limits based on entity capacity, creditworthiness, proposed transaction structure, forecast volumes, and other deal-specific factors.
- Responsible for the development and documentation of Credit and OTC business processes and policies to maintain and strengthen internal controls, including cross-functional change management.
- Proactively identify and recommend process and platform improvements to drive efficiency and excellent customer satisfaction.
- Support the year-end financial audit and tax preparation process by maintaining accurate records in line with the Company’s document retention policy.
EXPERIENCE and QUALIFICATIONS:
- Bachelor’s degree in Accounting or Finance required.
- 3-5 years of experience in commercial credit analysis.
- Knowledge and experience with ASC 606 Revenue Recognition.
- Experience with financial accounting and ERP systems is required.
- Strong interpersonal skills and consistent follow-through on assigned tasks.
- Must possess strong analytical and problem-solving skills.
- Ability to work proficiently within Google Suite and Microsoft Office.
- Must demonstrate the ability to understand and articulate credit principles related to receivables factoring, lines of credit, and short-term loans.
PHYSICAL DEMANDS:
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at times.