Credit Risk Analyst - Financial Services Firm

Credit Risk Analyst - Financial Services Firm

Key Responsibilities:

- Analyze credit data and financial statements of borrowers to assess risk and determine the likelihood of loan default.

- Develop and apply credit risk models and tools to evaluate borrower creditworthiness and loan performance.

- Monitor and review existing loans and credit facilities to identify early signs of default or deterioration in credit quality.

Default Analysis:

- Investigate and analyze loan defaults, including the reasons for default and the impact on the organization.

- Prepare detailed reports and presentations on default trends, risk exposures, and potential impacts on the organization's financial health.

- Work with collection and recovery teams to develop strategies for managing and mitigating the impact of defaults.

Risk Management:

- Develop and implement risk management strategies and policies to minimize loan defaults and losses.

- Collaborate with senior management to enhance risk assessment processes and improve default prediction models.

- Ensure compliance with regulatory requirements and internal policies related to credit risk and loan defaults.

Data Analysis and Reporting:

- Utilize data analytics tools to track and analyze key risk indicators and default patterns.

- Prepare and present regular reports on credit risk and loan default metrics to senior management and stakeholders.

- Maintain accurate and up-to-date records of default cases and related financial data.

Collaboration and Communication:

- Work closely with credit officers, underwriters, and other stakeholders to provide insights and recommendations on credit risk management.

- Communicate findings and risk assessments clearly to both internal and external parties.

- Participate in meetings and discussions related to credit risk and loan default strategies.

Continuous Improvement:

- Stay informed about industry trends, regulatory changes, and best practices related to credit risk and loan defaults.

- Identify opportunities for process improvements and recommend enhancements to risk management practices.

Experience: At least 3-8 years of experience in credit risk analysis, with specific exposure to loan defaults and recovery processes.