AI Assistant for Credit Analysts

Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decisionmaking.

Considerable Preparation Needed

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Core Responsibilities

  • 1Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.(Core task)
  • 2Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.(Core task)
  • 3Generate financial ratios, using computer programs, to evaluate customers' financial status.(Core task)
  • 4Prepare reports that include the degree of risk involved in extending credit or lending money.(Core task)
  • 5Analyze financial data, such as income growth, quality of management, and market share to determine expected profitability of loans.(Core task)
  • 6Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.(Core task)
  • 7Consult with customers to resolve complaints and verify financial and credit transactions.(Core task)
  • 8Contact customers to collect payments on delinquent accounts.
  • 9Evaluate customer records and recommend payment plans, based on earnings, savings data, payment history, and purchase activity.
  • 10Review individual or commercial customer files to identify and select delinquent accounts for collection.

Top Skills Required

Critical Thinking
Reading Comprehension
Speaking
Active Learning
Active Listening
Mathematics
Writing
Judgment and Decision Making
Monitoring
Social Perceptiveness

Knowledge Areas

Economics and AccountingMathematicsEnglish LanguageLaw and GovernmentAdministrativeCustomer and Personal ServiceComputers and ElectronicsAdministration and Management

Technology & Tools Used

Other Tools

CGI-AMS BureauLink EnterpriseCGI-AMS CACS EnterpriseCGI-AMS StrataCredit adjudication and lending management system CALMSCredit and risk analysis softwareCredit fraud detection softwareDun and Bradstreet Global DecisionMakereCredit EnterpriseEquifax Advanced DecisioningEquifax Application EngineEquifax InterConnectExperian CredinomicsExperian DetectExperian FraudShieldExperian Quest

Daily Work Activities

Analyzing Data or Information
Getting Information
Working with Computers
Processing Information
Communicating with Supervisors, Peers, or Subordinates
Making Decisions and Solving Problems
Updating and Using Relevant Knowledge
Interpreting the Meaning of Information for Others

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