Credit analyst Surulere

Credit analysts assess and make decisions about customer credit applications using a range of criteria including purpose of application, credit viability, customer payment history and customer credit-worthiness.

Typical tasks include:

gathering information
reading financial briefings
assessing, analysing and interpreting complicated financial information
undertaking risk assessment analysis
visiting clients
keeping company credit exposures within set risk bearing limits
using credit-scoring systems for small credit amounts (such as small unsecured personal loans)
keeping knowledge of key issues up-to-date (for example legal, market risk and compliance issues)
helping to enhance the quality of credit applications
making recommendations about procedural/policy changes

Qualifications and training required
A good honours degree (min 2.1) in any subject together with several years' relevant experience is usually required for entry into the profession. Qualifications in business studies, management, statistics, finance, mathematics, accounting, physical/applied sciences or economics can be helpful, as can an MBA or similar postgraduate/professional qualification.

Relevant paid or voluntary experience gained via insight programmes, job shadowing, work experience placements and internships can be particularly beneficial.

Key skills for credit analysts
Employers seek adaptable, confident, reliable and motivated graduates with strong time management skills and the ability to work effectively under pressure. Excellent IT, analytical, numerical, interpersonal, communication, problem-solving and team working skills are also essential.