The Role
Evaluate creditworthiness of individuals and businesses by analyzing financial statements, credit reports, and FICO scores; compute financial ratios, prepare loan application documentation and risk reports; recommend approvals or denials, set loan terms, identify delinquent accounts, resolve customer inquiries, and perform related credit-administration tasks.
Summary Generated by Built In
Description
VETERANS ARE ENCOURAGED TO APPLY
Lonestar Electric Supply is looking for a Credit Analyst who will review the creditworthiness of individuals or businesses to determine the risk involved in lending money or extending credit.
Responsibilities:
- Analyzes credit data and financial statements of individuals or businesses to identify the degree of risk involved in lending money or extending credit.
- For individuals, performs research to verify employment and income, inspects reports from credit reporting agencies, and reviews FICO scores.
- For businesses, compares to similar businesses in terms of liquidity, profitability, and credit histories.
- Uses computer software to further evaluate customers’ financial status and produce financial ratios.
- Compiles information, completes loan applications, and composes reports detailing the degree of risk involved in loan or credit request; recommends approval or denial based on results.
- Sets interest rate and minimum or maximum term of repayment for customers based on earnings, savings data, payment history, and purchase activity.
- Determines the expected profitability of loans by analyzing a business’s financial data including quality of management, income growth, and market shares.
- Resolves customer complaints and verifies transactions through consultation.
- Identifies delinquent accounts through the review of individual or commercial customer files.
- Performs other related duties as assigned.
Requirements:
- Excellent verbal and written communication skills.
- Proficient in Microsoft Office Suite or related software, as well as analysis software.
- Basic understanding of relevant equipment, policies, procedures, and strategies used in credit analysis.
- Ability to identify discrepancies and problems.
- Bachelor’s degree in Accounting, Economics, Finance, Statistics, or Mathematics required.
Physical Requirements:
- Lifting up to 25 lbs. may be required infrequently.
- Must be able to remain in a stationary position 50% of the time.
- Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer.
Benefits
- Medical, dental, life and vision insurance
- 401(k) Retirement Plan and Match
- Paid Time Off
- Specified Paid Holidays
Disclaimer:
This job description is a general outline of the day-to-day duties to be expected and may not cover all job responsibilities that may be assigned by management.
Skills Required
- Bachelor's degree in Accounting, Economics, Finance, Statistics, or Mathematics
- Excellent verbal and written communication skills
- Proficient in Microsoft Office Suite or related software, and analysis software
- Basic understanding of equipment, policies, procedures, and strategies used in credit analysis
- Ability to identify discrepancies and problems
- Ability to lift up to 25 lbs infrequently
- Ability to remain in a stationary position 50% of the time
- Constant operation of a computer and office productivity machinery
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The Company
What We Do
Lonestar Electric Supply is a wholesale company offering electrical supplies distribution services.
