Description
Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decisionmaking.
Interests
- Conventional
- Enterprising
- Investigative
Work Values
- Relationships
- Support
- Independence
Work Styles
- Analytical Thinking
- Attention to Detail
- Integrity
- Dependability
- Initiative
Tasks
- Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
- Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
- Generate financial ratios, using computer programs, to evaluate customers' financial status.
- Prepare reports that include the degree of risk involved in extending credit or lending money.
- Analyze financial data, such as income growth, quality of management, and market share to determine expected profitability of loans.
Work Activities
- Analyzing Data or Information
- Getting Information
- Working with Computers
- Processing Information
- Communicating with Supervisors, Peers, or Subordinates
Detailed Work Activities
- Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
- Observing, receiving, and otherwise obtaining information from all relevant sources.
- Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
- Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
- Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
- Analyzing information and evaluating results to choose the best solution and solve problems.
- Keeping up-to-date technically and applying new knowledge to your job.
- Translating or explaining what information means and how it can be used.
- Developing constructive and cooperative working relationships with others, and maintaining them over time.
- Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
Technology Skills
- Enterprise resource planning ERP software
- Presentation software
- Financial analysis software
- Content workflow software
- Development environment software
Abilities
- Oral Expression
- Inductive Reasoning
- Oral Comprehension
- Written Comprehension
- Deductive Reasoning
Skills
- Critical Thinking
- Active Learning
- Reading Comprehension
- Speaking
- Active Listening
Knowledge
- Economics and Accounting
- English Language
- Mathematics
- Law and Government
- Administrative
Most Common Education Level
The “Most Common Education Level” refers to the level of education held by the majority of workers in a given occupation. For example, if the highest percentage of workers in a role have an Associate’s Degree, that suggests this is the typical educational requirement. Knowing this helps you plan how many years of education you may need to pursue that career.
Certificates
Certificate name
Credit Business AssociateCertifying Organization
National Association of Credit Management
Type
Core
Certificate name
Master Professional Credit ExecutiveCertifying Organization
Credit Professionals International
Type
Advanced
Certificate name
Certified Credit ExecutiveCertifying Organization
National Association of Credit Management
Type
Advanced
Certificate name
Certified Credit ExaminerCertifying Organization
Education Foundation of State Bank Supervisors
Type
Core
Certificate name
Certified Community Bank Credit AnalystCertifying Organization
Independent Community Bankers of America
Type
Core
Income Percentile
The income percentiles show how earnings are distributed within a profession. The 10th percentile means that 10% of workers earned less than that amount. The median (50th percentile) indicates that half of workers earned more, and half earned less. The 90th percentile reflects what the top 10% of earners in the field make.
| Income Percentile | Annual Income |
|---|---|
| Low (10%) | $48,894 |
| Median (50%) | $74,601 |
| High (90%) | $137,641 |
Income by Experience
This table shows how income typically grows with experience—from entry level (0–2 years), to mid-level (3–5 years), to senior level (6–8 years), to expert level (8+ years).
| Experience | Income |
|---|---|
Entry Level  | $61,543 |
| Mid Level | $87,890 |
| Senior Level | $110,245 |
| Expert Level | $152,863 |
Employability
There are currently 73,700 jobs in this career path. Over the next 10 years, that number is expected to decrease to 70,800 positions, reflecting a projected decline of -4%.
The Projected Job Growth figure refers to the expected increase or decrease in employment within a specific career field over a certain period of time.
Projected Job Growth of -4%
Related Careers
The career information and data on this site incorporates information from O*NET Web Services, Lightcast, CareerOneStop, and the U.S. Bureau of Labor Statistics (BLS). For more details regarding the data sources and the specific information sourced, click here.
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