Junior Credit Analyst jobs in Sterling Heights, MI

Overview:

We are seeking a Credit Analyst to join our team. The ideal candidate will possess strong analytical abilities, attention to detail, and a thorough understanding of financial statements and credit risk assessment. The Credit Analyst will be responsible for evaluating the creditworthiness of individuals and businesses, assessing loan applications, and making recommendations to mitigate credit risk while supporting business growth objectives.

Duties:

- Analyze financial data to assess creditworthiness of loan applicants.
- Conduct thorough credit risk assessments of borrowers by analyzing their financial history, credit history, and ability to repay loans
- Prepare detailed credit reports and present findings to senior management for loan approval or denial
- Collaborate with loan officers and underwriters to gather necessary information and ensure accurate assessment of credit applications
- Monitor and manage credit exposures by conducting periodic reviews of existing loan portfolios and recommending appropriate risk mitigation strategies.
- Stay updated on industry trends, regulations, and best practices related to credit analysis

Experience:

- Bachelors Degree or Associates Degree with 12 months of experience in client service
- Excellent attention to detail and ability to work in a fast-paced environment
- Strong analytical skills with the ability to interpret complex information
- Proficient in data collection, organization, and analysis
- Exceptional written and verbal communication skills for effective report writing and communication with stakeholders
- Ability to work independently and make sound decisions within established guidelines

Note: This job description is not intended to be all-inclusive. The employee may perform other related duties as negotiated to meet the ongoing needs of the organization.

Job Type: Full-time

Pay: From $45,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Parental leave
• Professional development assistance
• Referral program
• Vision insurance

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Work Location: In person