Whether an application for a loan submitted by an individual or a company would be passed or not is decided only after risk analysis. This analysis is done by credit risk analyst. You will also hear the word credit risk manager and credit analyst for this same profession as each organization has its own parameter of naming it. Nevertheless, the main role of the title holder is to analyze possibility of default on a loan. If he finds high chances of the person or company defaulting on the loan, he will suggest the bank or the financial institute to charge higher rate of interest, or even deny lending of loan. To analyze the risk factor involved, he will work on a tailor-made software wherein after inputting all information of the loan applicant, it would calculate involved risk in lending the loan. To do this, he collects all the information and performs reach on the credit history of the loan applicants and makes use of statistics in assessing risks associated with lending loans.
To apply for this position, one has to have a background in accounting or finance, knowledge of computer, and experience. He must be strong in researching credit history of loan applicants and assessing involved risks. He must be experienced in presenting report to make the lender making decision easy.
Lavern E. Bryant
1441 Chapel Street
Houston, TX 77077
Phone: 281-597-7322
Email: lebryant@freemail.com
Career Objective:
To work as a credit risk analyst with “Quick Loan Inc.,” and help the management in taking decision on loan lending with my experience in conducting credit history research of loan applicants.
Summary of Skills:
Work Experience:
Credit Risk Analyst
Express Bank, Houston, TX
October 2014 - Present
Education:
Reference:
On request.