Credit Analysis Manager
Credit analysis managers, or credit analysts, analyze customer’s credit history to determine the risk of extending lines of credit. They are analyzers, contributors and organizers who play an integral role in looking out for their company’s best interest.
They delve into their clients’ financial histories to illuminate and analyze spending habits, purchases and financial statements, and use that information to establish credit limits. Credit analysts also use statistical software to predict credit trends and handle duties like resolving customer disputes and making collection calls. They must have excellent customer service skills and be knowledgeable in financial institution operations, policies and procedures, and credit systems.
Credit analysts work at commercial and investment banks, credit card companies, credit rating agencies, investment firms, or in the credit departments of a wide range of companies. They typically have a bachelor’s degree in finance, accounting, economics, business or statistics, but sometimes an associate’s degree plus work experience is sufficient. Jobs for credit analysts are projected to grow 5% by 2028.
