Senior credit analysts are responsible for assessing credit requests and producing a recommendation based on a variety of factors; this involves a careful analysis of a client’s financial information, including income statements, tax forms, cash flow history, and current debt. Using this information and best practices and methods, senior credit analysts assign credit requests a rating based on their assessment of the probability of default by the client. Using this information along with the proposed loan amount and terms, the risk to the lender can be determined and a final recommendation given.
Senior Credit Analyst Tasks
Perform underwriting of loan requests and annual reviews.
Assess and authorize credit limits, and monitor credit risk.
Provide analysis of customer financial statements.
Ensure all data entry is accurate and complete.