Credit Risk Analyst Professional
hace 5 días
About Quantum Consumer Engagement Solutions
We redefine small business lending with our diverse and adaptable financial solutions, empowering businesses to achieve their growth objectives. Our commitment is to fuel the growth of enterprises and SMBs with tailor-made financial services.
Our goal is to provide a range of customized solutions that meet the unique financial needs and growth trajectories of each business. From agile microloans for quick capital injections to expansive term loans for long-term strategies, our diverse portfolio ensures that we have the right financial tools to support your journey.
Job Summary
You will play a crucial role in making prudent lending decisions on behalf of Quantum as a Credit Risk Analyst. Your primary responsibility will be to review and assess the creditworthiness of business loan applicants, analyzing credit reports, financial documents, and bank statements to ensure that loans are issued to qualified and financially stable businesses.
Your expertise in underwriting will contribute to the growth and stability of the lending portfolio.
Key Responsibilities
- Credit Analysis: Conduct in-depth reviews of commercial and consumer credit bureaus to evaluate the credit history, credit scores, and payment behaviors of loan applicants.
- Financial Document Review: Scrutinize cash flow statements, business financials, and other financial documents to assess the financial health of prospective borrowers, including income statements, balance sheets, and tax returns.
- Bank Statement Analysis: Review bank statements to verify the consistency of cash flow, business transactions, and financial stability. Identify any irregularities that may affect loan eligibility.
- Risk Assessment: Assess the overall risk associated with each loan application. Utilize your experience to determine the likelihood of repayment and make recommendations accordingly.
- Loan Structuring: Collaborate with senior underwriters and loan officers to structure loans that meet the specific needs of borrowers while adhering to lending guidelines and risk management policies.
- Regulatory Compliance: Ensure all underwriting activities comply with applicable laws, regulations, and industry standards. Stay updated on relevant regulations and ensure all documents and processes are in accordance.
- Communication: Effectively communicate with loan officers, customers, and bank partners to gather additional information, clarify discrepancies, and provide status updates on underwriting decisions.
- Documentation: Maintain accurate and organized records of all underwriting activities, including notes on decision rationales, document submissions, and follow-up actions.
- Continuous Improvement: Stay current with industry trends, underwriting best practices, and emerging risk factors. Contribute to the constant improvement of underwriting processes and guidelines.
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