How to write a Credit Analyst job description
Your job description is the first touchpoint between your company and your new hire. With millions of people searching for jobs on Indeed each month, a great job description can help you attract the most qualified candidates to your open position. To get you started, here are some tips for creating an effective job description.
Credit Analyst job title
A great job title typically includes a general term, level of experience and any special requirements. The general term will optimize your job title to show up in a general search for jobs of the same nature. The level of experience will help you attract the most qualified applicants by outlining the amount of responsibility and prior knowledge required. And if your position is specialized, consider including the specialization in the job title as well. But avoid using internal titles, abbreviations or acronyms to make sure people understand what your job posting is before clicking.
Examples of Credit Analyst job titles
Credit Analyst job summary
A great job description starts with a compelling summary of the position and its role within your company. Your summary should provide an overview of your company and expectations for the position. Outline the types of activities and responsibilities required for the job so job seekers can determine if they are qualified, or if the job is a good fit.
Example of a Credit Analyst job summary
We are one of the largest independent banks in the US, serving individuals and businesses throughout the nation. We are presently searching for a Credit Analyst to become part of our growing team. The Credit Analyst will play a key role in recommending new credit and extensions of credit through research and analysis of financial documents. The successful candidate for this position will enjoy opportunities for growth within our company, as well as a competitive salary and comprehensive benefits package.
Credit Analyst responsibilities and duties
The responsibilities and duties section is the most important part of the job description. Here you should outline the functions this position will perform on a regular basis, how the job functions within the organization and who the job reports to.
Examples of Credit Analyst responsibilities
Enter, update and retrieve information for credit applications
Determine credit worthiness of applicants
Designate degree of risk involved in extending credit by performing cash flow analysis of businesses
Ensure all approved applications comply with firm and lender criteria
Respond to inquiries from lenders
Review deals and field questions from Junior Credit Analysts
Assist with company and client audits
Credit Analyst qualifications and skills
Next, outline the required and preferred skills for your position. This may include education, previous job experience, certifications and technical skills. You may also include soft skills and personality traits that you envision for a successful hire. While it may be tempting to include a long list of skills and requirements, including too many could dissuade qualified candidates from applying. Keep your list of qualifications concise, but provide enough detail with relevant keywords and terms.
Examples of Credit Analyst skills
Bachelor’s Degree in Finance, Accounting or related field
4+ years’ experience as a Credit or Financial Analyst
Strong knowledge of Microsoft Office suite
Able to research and evaluate data to make informed decisions and solve problems
Strong mathematical and analytical skills
Sense of discretion and willingness to maintain strict confidentiality of pertinent and sensitive information
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