Credit Analyst – Banking
Web ID: W8027
Classification: BankingFinance
City: Wichita
State: KS
Compensation: $75,000.00 - $85,000.00 per year
Education: Bachelor’s degree in accounting or finance preferred. Previous experience as Credit Analyst will be considered.
Benefits: Comprehensive Benefits Package
Job Description: We are seeking a detail-oriented and analytical Credit Analyst to join the banking team. The ideal candidate will evaluate credit data, financial statements, and risk factors to assess the creditworthiness of individuals and organizations. This role requires strong financial acumen, proficiency in financial analysis, and the ability to make informed recommendations for lending decisions. The Credit Analyst will play a vital role in managing credit portfolios, supporting loan origination processes, and ensuring compliance with risk management policies. This position offers opportunities for professional growth within a dynamic financial services environment.
Responsibilities
- Conduct comprehensive credit analysis by reviewing financial statements, cash flow reports, and other relevant data to evaluate borrower risk.
- Perform underwriting procedures to determine loan eligibility and appropriate terms based on quantitative research and risk assessment.
- Collect and analyze data related to borrower financial health, market conditions, and industry trends to support sound lending decisions.
- Prepare detailed financial reports, including forecasts, risk assessments, and credit memos for review by senior management.
- Utilize financial software and modeling tools to simulate various scenarios and assess potential impacts on portfolio performance.
- Monitor existing credit portfolios for signs of risk or fraud, implementing preventive measures as needed.
- Assist in loan processing and origination activities, ensuring compliance with banking regulations and internal policies.
- Collaborate with cross-functional teams such as portfolio management, fraud prevention, and tax specialists to optimize credit strategies.
- Stay current on industry developments, regulatory changes, and best practices in financial analysis and risk management.
We are seeking a detail-oriented and analytical Credit Analyst to join the banking team. The ideal candidate will evaluate credit data, financial statements, and risk factors to assess the creditworthiness of individuals and organizations. This role requires strong financial acumen, proficiency in financial analysis, and the ability to make informed recommendations for lending decisions. The Credit Analyst will play a vital role in managing credit portfolios, supporting loan origination processes, and ensuring compliance with risk management policies. This position offers opportunities for professional growth within a dynamic financial services environment.
Responsibilities
- Conduct comprehensive credit analysis by reviewing financial statements, cash flow reports, and other relevant data to evaluate borrower risk.
- Perform underwriting procedures to determine loan eligibility and appropriate terms based on quantitative research and risk assessment.
- Collect and analyze data related to borrower financial health, market conditions, and industry trends to support sound lending decisions.
- Prepare detailed financial reports, including forecasts, risk assessments, and credit memos for review by senior management.
- Utilize financial software and modeling tools to simulate various scenarios and assess potential impacts on portfolio performance.
- Monitor existing credit portfolios for signs of risk or fraud, implementing preventive measures as needed.
- Assist in loan processing and origination activities, ensuring compliance with banking regulations and internal policies.
- Collaborate with cross-functional teams such as portfolio management, fraud prevention, and tax specialists to optimize credit strategies.
- Stay current on industry developments, regulatory changes, and best practices in financial analysis and risk management.
Job Requirements:
- Seeking candidate with 3+ years of Credit Analyst background in banking environment seeking upward mobility or a 7+ years of CA experience with no loan officer aspirations.
- Bachelor’s degree in accounting or finance preferred. Previous experience as Credit Analyst will be considered.
- Strong understanding of financial concepts including accounting principles, financial modeling, and cash flow analysis.
- Proficiency in financial software applications used for data collection, analysis, and reporting.
- Excellent quantitative research skills with the ability to interpret complex data sets effectively.
- Demonstrated expertise in risk analysis, underwriting, loan processing, and portfolio management.
- Knowledge of banking operations such as mortgage servicing, loan origination, fraud detection, and technical accounting practices.
- Ability to write clear and concise financial reports while presenting findings confidently.
- Strong mathematical skills coupled with a solid understanding of financial services industry standards.
- Familiarity with forecasting techniques, tax considerations related to lending activities, and quantitative analysis methods.
This role is ideal for candidates passionate about finance who thrive in analytical environments requiring meticulous attention to detail and strategic thinking.
- Seeking candidate with 3+ years of Credit Analyst background in banking environment seeking upward mobility or a 7+ years of CA experience with no loan officer aspirations.
- Bachelor’s degree in accounting or finance preferred. Previous experience as Credit Analyst will be considered.
- Strong understanding of financial concepts including accounting principles, financial modeling, and cash flow analysis.
- Proficiency in financial software applications used for data collection, analysis, and reporting.
- Excellent quantitative research skills with the ability to interpret complex data sets effectively.
- Demonstrated expertise in risk analysis, underwriting, loan processing, and portfolio management.
- Knowledge of banking operations such as mortgage servicing, loan origination, fraud detection, and technical accounting practices.
- Ability to write clear and concise financial reports while presenting findings confidently.
- Strong mathematical skills coupled with a solid understanding of financial services industry standards.
- Familiarity with forecasting techniques, tax considerations related to lending activities, and quantitative analysis methods.
This role is ideal for candidates passionate about finance who thrive in analytical environments requiring meticulous attention to detail and strategic thinking.