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Credit Analysts

Descriptions & Duties

  • Credit Analysts evaluate the financial strength of loan accounts by performing credit analyses. They prepare credit proposals in accordance with results of credit analyses.

Generic Competencies

Physical Abilities

Physical abilities

  • Physical strength
  • Eye hand coordination / precision / dexterity


Importance:1 (Max:5) 

Skill is rarely required


Technology Skills

Technology skills

  • Computer literacy
  • Application of technology


Importance:4 (Max:5) 

Skill is frequently required


Cognitive Abilities

Cognitive abilities

  • Creativity
  • Visualisation
  • Logical thinking


Importance:3 (Max:5) 

Skill is basically required


Comprehension And Expression

Comprehension and expression skills

  • Reading comprehension
  • Oral / written expression


Importance:3 (Max:5) 

Skill is basically required


Social Skills

Social skills

  • Communication
  • Negotiation
  • Persuasion


Importance:3 (Max:5) 

Skill is basically required


Organisation And Execution Skills

Organisation and execution skills

  • Planning
  • Organising
  • Judgement
  • Decision making


Importance:4 (Max:5) 

Skill is frequently required


Problem Solving Skills

Problem solving skills

  • Ability to solve simple and complex problems effectively and efficiently


Importance:3 (Max:5) 

Skill is basically required


Management Skills

Management skills

  • Leadership
  • Management of finance / time / people / other resources


Importance:3 (Max:5) 

Skill is basically required


Trade Specific Competencies

Decision-making skills

Decision-making skills are important for Credit Analysts who must assess an applicants' financial information and decide whether to award loan.

Detail oriented

Credit Analysts must pay attention to details when reviewing applications.

General Requirements

Academic qualification

  • A recognised bachelor's degree, in business, finance, risk management, statistics or other related disciplines

Professional qualification

  • relevant professional qualification such as Financial Risk Manager (FRM) or Chartered Financial Analyst (CFA) or any risk management related qualification


  • usually 3 years of experience in credit risk analyst area

Career Path & Salary

Private Sector

Monthly Salary $15,000-$35,000

Monthly Salary $20,000-$50,000

Monthly Salary $30,000-$70,000

Related Education & Training

Work Environment

  • Credit Analysts work primarily in offices and work regular office hours.

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