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Arm-Chair

Credit Analyst

Banking & Finance

  • Average Salary

    RM2900 - RM 4700

  • Career Trends

    -

  • Compability

What is Credit Analyst?

A credit analyst is someone who has the duty to analyze loan data and financial statements of individuals or companies, to determine their level of risk, which is related to credit extension or borrowing money.?A Credit Analyst also prepares reports with credit information for use in decision making.

Minimum education level

 

PT3

SPM

STPM

Diploma

Degree

Average Salary

RM2900 - RM 4700

Example of a Job Position

Analyst Credit Administrator
Credit Analyst
Credit Analyst and Collection
Credit Manager
Credit Representative
Credit Risk Analyst
Risk Analyst
Guarantor

Task

? Analyze loan data and financial statements of individuals or companies, to determine their level of risk, relating to credit extension or borrowing money ? Make a financial comparison using a computer program, to evaluate the client's financial condition ? Consult clients to provide solutions to their complaints, and check their financial and credit transactions ? Prepare reports, the contents of which include the level of risk associated with credit extension or borrowing money ? Compare the records of the liquidity, profitability and credit of an organization that is being evaluated, with similar organizations in the same industry and geographic location

Knowledge

Mathematics

Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

Customer and Personal Services

Knowledge of principles and processes to provide services for customers and personal. This includes assessing customer needs, meeting service quality standards, and evaluating customer satisfaction.

Administration and Management

Knowledge of business and management principles including strategic planning, resource allocation, human resource modeling, leadership techniques, production methods, and coordination between people and resources.

English

Knowledge of the structure and content of English, including the meaning and spelling of each word, composition rules, and grammar.

Economics and Accounting

Knowledge of economic and accounting principles and practices, financial markets, banking, and financial data analysis and reports.

Skills

Active Learning

Understand the implications of new information for basic decision making and problem solving now and in the future.

Critical Thinking

Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to the problems handled

Consideration and Decision Making

Consider the shortcomings and advantages of potential action choices to choose the most appropriate action.

Capability

  • 1

    Deductive Reasoning - The ability to apply general rules to certain problems in order to produce reasonable answers.

  • 2

    Inductive Reasoning - The ability to combine pieces of information to form general rules and conclusions (including finding relationships between seemingly unconnected events).

  • 3

    Problem Sensitivity - The ability to tell when something is wrong or maybe wrong. This does not involve solving the problem, only knowing if there is a problem.

  • 4

    Mathematical Reasoning - The ability to choose the right mathematical methods and formulas to solve problems.

  • 5

    Ability To Count - The ability to do added, less, times, divide quickly and precisely.

Related Courses/Majors