Axis Bank is recruiting Credit Analyst role work from home. Any Graduate ,CAs/Management Graduates/ICWAs will be preferred candidate can apply for the post.
- Company – Axis Bank Work From Home
- Role -Credit Analyst
- Qualification –Any Graduate ,CAs/Management Graduates/ICWAs will be preferred
- Experience –0-1
- Location – Remote (Work From home)
- Salary –3.6 Lpa – 6 lpa
What You Will Be Doing As Credit Analyst
- Assessing Creditworthiness: I would analyze the creditworthiness of individuals or businesses applying for loans or credit facilities. This involves reviewing financial statements, credit reports, and other relevant documents to evaluate their ability to repay the borrowed funds.
- Financial Analysis: I would conduct a thorough analysis of the applicant’s financial statements, including income statements, balance sheets, and cash flow statements. This analysis helps in understanding their financial health, profitability, liquidity, and debt repayment capacity.
- Risk Assessment: I would assess the level of risk associated with extending credit to the applicant. This involves considering factors such as the borrower’s credit history, industry trends, market conditions, collateral, and any other relevant risk indicators.
- Credit Scoring and Rating: Based on the analysis and risk assessment, I would assign a credit score or rating to the applicant. This score helps determine the interest rate, loan amount, or credit limit that can be offered to the borrower.
- Preparing Credit Proposals: I would prepare detailed credit proposals that summarize the borrower’s financial position, risk analysis, and recommended terms and conditions for the credit facility. These proposals are presented to higher-level decision-makers, such as credit managers or loan committees, for approval.
Skills Required for Credit Analyst
- Financial Analysis: A strong foundation in financial analysis is crucial. This includes the ability to analyze financial statements, interpret key financial ratios, and assess the financial health and performance of individuals or businesses.
- Risk Assessment: Credit Analysts must have the skill to assess and evaluate credit risks accurately. This involves identifying potential risks, understanding their impact on creditworthiness, and determining appropriate risk mitigation strategies.
- Industry Knowledge: Having knowledge of the industries in which borrowers operate is valuable. Understanding industry trends, market conditions, and key risk factors helps in making informed credit decisions and assessing the viability of loan requests.
- Attention to Detail: Attention to detail is critical for Credit Analysts. They must meticulously review financial documents, credit reports, and other relevant information to identify potential risks or discrepancies that could impact credit decisions.
- Problem-Solving: Credit Analysts should possess strong problem-solving skills. They need to analyze complex financial situations, identify challenges or issues, and develop effective solutions to mitigate risks or improve creditworthiness.
How To Apply?
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