Credit analysts also known as credit risk analysts, carries out a risk assessment analysis of various types of lending proposals. The proposals can be very simple ones or complex with many terms, conditions clauses. Credit analysts are employed in different financial institutions ranging from banks, both commercial and investment bank to credit rating agencies and finance companies. This position requires a combination of analytical and decision-making abilities as well as good communication skills. The role is very much associated with risk management: One must understand the risks and communicate to the concerned individual or group, making sure the credit exposures are line with the employer’s limitations.


A credit analyst analyzes credit data and financial statements of an individual or a firm to determine how much risk is involved in extending credit or lending money. He prepares reports with this credit information that is used by the decision makers to take a correct decision.


1) Listening — Giving due attention to what other people are saying, and then understanding the points, asking questions if necessary and then deciding the course of action.

2) Good speaker – Effectively conveying information and expressing opinion.

3) Power of Comprehension – Reading and comprehending work related documents.

4) Logical Thinking — Using logic and reasoning to approach problems and find solutions.

5) Perceptiveness — Being aware of others’ reactions and opinions and understanding the reason behind their opinions.

6) Instructing – Providing instruction to people who need it.

7) Writing skills – Writing documents and preparing reports is an integral part of this job.

10) Mathematics — Good mathematical ability to solve problems and calculations.

11) Negotiation – Involving all concerned parties and resolving issues.


  1. Analyze data and statements to determine the degree of risk involved in credit extension and money lending.
  1. Prepare reports depicting the risk of these actions to submit to management.
  1. Go through customer records and recommend the method of payment based on data about earnings, savings, payment history etc.
  1. Hold discussions with credit agencies and other business representatives to exchange credit status and data.
  1. Analyze loan applications and submit to loan committees with recommendation about approval and disapproval.
  1. Generate financial ratios to analyze customers’ financial condition.
  2. Review customer files to identify the delinquent accounts.
  1. Deal with customer complaints and verify financial and credit transactions.
  2. Determine expected profitability of loans based on Income growth, management quality and market share.


Bachelors’ degree in any one of the following subjects-
Business, Economics, Finance, Accounting, Mathematics, and Statistics.

Knowledge of economics and accounting, the financial markets, banking operations and know how of the analysis and reporting of financial data.

Knowledge of administration and clerical operations, systems such as word processing, file managing and keeping records, stenography and transcription, and other procedures and terminology of office work.

Work Conditions

Work is mostly done in the office with occasional visits to clients’.


Employers seek adaptable, confident, and motivated graduates with a sense of responsibility and the ability to work under pressure.

Leave a Reply

Your email address will not be published.