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Career as Credit Analyst

A Credit Analyst analyses the factors affecting risk that may influence loan applications and approval. An analyst is in charge of collecting and examining the financial background of applicants, the running total credit analysis in the paying record, income, and savings history thoroughly. A Credit Analyst concentrates on examining the client’s money related information; it is just to determine the financial risk that may occur in case of a recurring credit. These professionals also assist their clients throughout the process of claiming a loan. They explain about the types of loans and the terms and conditions to claim the loan. They also explain the verification and analysis of applicants' records and occurrences. A Credit Analyst can be seen in the financial institutions and forms to more specialized forms that deal with insurance or Investments.

Job Profile

Career as Credit Analyst
1. Business Credit Analyst- Business Credit Analysts evaluate the risk when claiming business loans. They manage the credentials of the clients business. They thoroughly go through assets, profit, and losses. They even access the security of the client’s business client’s economic growth and client’s potential growth. They approve, provide, render and guide the clients who are involved in business.

2. Consumer Credit Analyst- A Consumer Credit Analyst analyzes the risk in seeking personal loans. They provide details of the loans, check the documents, study client's history and liabilities. They even gather information such as past credit details, default, an asset in the form of money, investment or real estate, salary, and credit.

3. Corporate Credit Analyst- A Corporate Credit Analyst undertakes the credit risk of a non-financial Enterprises like industry, companies in manufacturing firms, trading firms and service providing agencies. A Corporate Credit Analyst manages the portfolio of corporate counterparties not only based on the financial background of the form but also based on its payscale, geography, manufactured products and the other industries for firms involved in it. They even provide the support analysis of loan and product transactions depending on individuals experience.

4. Financial Institution Credit Analyst - A Financial Institute Credit Analyst assesses the certification of a financial interdisciplinary. There is a lot of transaction between two banks, so they evaluate the cash flow and the collateral-based loans credit. They are responsible for accepting the loan servicing department in the maintenance of loan files, payoff and support portfolio of the financial firm.

5. Sovereign Credit Analyst - Countries all over the world borrow and lend funds from their symbiosis countries, IMF, World Bank and other financial firms. A Sovereign Credit Analyst measures the certification of the government of a country from where the fund will be borrowed. Analysis of the country is based on tax, the geopolitical situation, expenditure, and fiscal deficit. An ideal brain credit analyst has a good understanding of country risk and economics through working with experienced analysts.

6. Credit Investment Analyst - A Credit Investment Analyst analyses security based on certain factors, and depending on the factors comes the risk. They analyze both like credit risk, interest rate risk of the security so that the institution of form investors can make informed decisions before investing.
7. Banks and the other Financial Institutions - All the banks which provide credit to the individual and corporate firms are the biggest job givers of the credit analyst for the even measure the worth of the loan of an applicant.

8. Institutional Investors - Institutional investors recruit the employee analyst to measure the Predator is that it involves bonds and other securities.

9. Rating Firms - Rating Agencies give credit rating to banks, other Financial Institutions, corporate and government. These are some Global credit rating Agencies that recruit search analysts.

10. Government Agencies - Government Agencies like banks, credit providers, market participants and policy Agencies search for analysts to analyze the creditworthiness of the country.
 

Employment Opportunities

  • Banks
  • Corporates
  • Industries
  • Investment Banks
  • Financial Institutions
  • Insurance Companies
  • Government Loan Divisions
  • Credit Rating Agencies
  • Fixed Income Domain
  • Private Equity Firms
  • Credit Analysis and Research Ltd (CARE)
  • Honeywell, Bangalore
  • Eaton Corporation ,Pune

How do I get there?

  • Class XII

    Stream: Commerce

  • Graduation

    BFIA*

  • Post Graduation

    MBA (Finance)

  • Goal

    Credit Analyst

  • Class XII

    Stream: Commerce

  • PG

    CFA***/ FRM****

  • Goal

    Credit Analyst

  • Class XII

    Stream: Commerce

  • Graduation

    Graduation

  • Post Graduation

    CCRA**/ CFA***/ FRM****

  • Goal

    Credit Analyst

* Bachelor in Finance & Investment Analysis

**The Certified Credit Research Analyst (CCRA) 

The Certified Credit Research Analyst (CCRA) is a global education program.It imparts training  in debt capital markets and bank loan markets.
Regular course: Level 1 & Level 2 examsEligibility: Graduates/ from any stream Professionals.
Expert Mode: Only Level 2 exam.Eligbility :CA/ FRM/ CIIA/CAIIB / CS/ ICWA/ PRM/ CFA
CCRA Certification is offered by Association of International Wealth Management of India (AIWMI) & National Institute of Securities Markets (NISM).

*** Certified Financial Analyst

****Financial Risk Management

Featured Institutes in India

Content on this page is by Career Expert
Mrs. Kum Kum Tandon
MA (Psychology), M.Ed, Diploma in Educational Psychology, Vocational Guidance & Counseling (NCERT, Delhi) | View Complete Profile
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