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Credit Analyst

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Bachelor's degree

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What They Do

Credit Analysts Career Video

About This Career

Analyzes 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 credit information for use in decision-making.

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

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 requires being inside most 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:

  • Credit Administrator
  • Credit and Collections Analyst
  • Credit Representative
  • Credit Risk Analyst
  • Credit Officer
  • Municipal Fixed Income Analyst


  • Email Support
  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900
  • North Dakota Career Resource Network
    ndcrn@nd.gov | (701) 328-9733