Credit analyst is responsible for assessing a loan applicant's ability to repay the loan and recommending that it be approved or denied. Credit analysts are employed by commercial and investment banks, credit card companies, credit rating agencies, and investment companies.
Responsibilities
• Assessing the credit worthiness, and preparation of credit proposals, by fitting borrower requirement within the existing product suite and credit policy guidelines
• Conducting review/renewal of accounts
• Preparing and putting up various notes like appraisal, review, risk replies, etc.
• Coordinating with stakeholders belonging to various verticals during the process of sanctioning, credit delivery, audit and recovery
• Maintaining acceptable TAT for various tasks such as conducting rating, preparation of appraisal note, renewals, etc.