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Credit Analyst  What They Do

Just the Facts


Credit Analyst Career Video



Analyzes current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepares reports with this credit information for use in decision-making.

This career is part of the Business, Management and Administration cluster Business Finance and Accounting pathway.


A person in this career:

  • Analyzes credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
  • Generates financial ratios, using computer programs, to evaluate customers' financial status.
  • Prepares reports that include the degree of risk involved in extending credit or lending money.
  • Consults with customers to resolve complaints and verify financial and credit transactions.
  • Compares liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
  • Reviews individual or commercial customer files to identify and selects delinquent accounts for collection.
  • Confers with credit association and other business representatives to exchange credit information.
  • Completes loan applications, including credit analyses and summaries of loan requests, and submits to loan committees for approval.
  • Analyzes financial data such as income growth, quality of management, and market share to determine expected profitability of loans.
  • Evaluates customer records and recommends payment plans based on earnings, savings data, payment history, and purchase activity.

Working Conditions and Physical Demands

People who do this job report that:

  • You would sit most of the time. There's some walking and standing. You may have to lift and carry things like books, papers or tools weighing 10 lbs. or less.
  • Work in this occupation involves using your hands to hold, control, and feel objects more than one-third of the time
  • Work in this occupation requires being inside most of the time
  • Work in this occupation involves making repetitive motions more than one-third of the time
  • Work in this occupation involves sitting more than one-third of the time

Working in this career involves (physical activities):

  • Seeing clearly up close
  • Speaking clearly enough to be able to be understood by others
  • Identifying and understanding the speech of another person

Work Hours and Travel

  • Regular working hours and limited travel

Specialty and Similar Careers

Careers that are more detailed or close to this career:

  • Financial Analyst -- Collects and analyzes financial information such as economic forecasts, trading volumes and the movement of capital, financial backgrounds of companies, historical performances and future trends of stocks, bonds and other investment instruments to provide
  • Loan Officer -- Examines, evaluates and processes credit and loan applications.
  • Underwriter -- Provides services related to the issuing of new stocks, bonds and securities.
  • Credit Administrator --
  • Risk Analyst --