
Risk Analyst
Zalando SE
- Full time Position
- Berlin (Germany)
- Published: December 28 2020
Credit analysts assess a person’s or a company’s ability to repay their loans. In short, the role of a credit analyst is to manage the level of risk their bank is exposed to.
Within the world’s biggest banks (like Crédit Agricole and Société Générale), credit analysts typically work in either retail banking (offering loans to SMEs and individuals) or investment banking (offering loans to major global brands, including FTSE100 and Dow Jones companies).
In order to be sure of a company’s ability to repay the loans issued to them, credit analysts will draft credit ratings with several different components, including the following:
Credit analysts then send their credit ratings to bank managers. They don’t usually have direct decision-making powers themselves, but rather simply provide their expert opinion.
When borrowers are private individuals rather than big companies, credit analysts will need to assess their level of solvency, including looking at their sources of income and, obviously, their jobs.
Once their creditworthiness has been established, analysts will set the terms of contract, namely the size of the loan, interest rates and finally their monthly repayments.
Strong analytical skills are crucial for this role, as well as a rigorous approach and an ability to both summarise and write clearly. Knowledge of the fundamentals of finance are also key.
5 years of higher education, business studies, masters in finance