Credit Portfolio Analyst Job Description, Key Duties and Responsibilities

Credit Portfolio Analyst job description, duties, tasks, and responsibilities.
Credit Portfolio Analysts help portfolio and client managers analyze financial statements and projections.

Credit Portfolio Analyst Job Description, Key Duties and Responsibilities

If you are searching for the credit portfolio analyst job description to learn about the key duties, tasks, and responsibilities that define the role, this post will be of value to you.

You will also find this article useful if you are seeking the job of a credit portfolio analyst and need to know what the major recruiters’ requirements are for the position.

Please, read on:

What Does a Credit Portfolio Analyst Do?

The credit portfolio analyst provides analytical support to assigned portfolio managers and client managers by analyzing financial statements and projections, utilizing models and applications, and developing and participating in credit presentations, underwriting, and structuring.

They work in financial institutions such as banks, credit unions, and mortgage banks.

The credit portfolio analyst job description entails undertaking data analytics of a bank’s credit portfolios and providing monthly and quarterly credit risk reporting over the health and composition of a bank’s lending portfolios to the executive management and the board.

It also involves collaborating with other departments and stakeholders to continually enhance data quality.

Credit portfolio analysts undertake research to identify more meaningful ways to analyze and present information, and highlight the risks in the credit portfolios (e.g., portfolio analysis, KRI reporting, ad hoc reporting).

They also undertake research, independently or collaboratively, to continually enhance relevant credit monitoring reports with analytics given current data structure and anticipated future enhancements.

The credit portfolio analyst work description also involves analyzing and measuring credit and financial performance in the portfolio from multiple perspectives, including business lines, product, industry, geographic, etc. to identify trends and drivers; summarize conclusions and implications from the prepared analysis.

Credit portfolio analysts are also responsible for undertaking general tasks related to the maintenance of effective commercial loan risk management, including providing support to the Appraisal and Loan Review Departments.

They are also responsible for monitoring and managing financial statement and documentation exceptions to acceptable levels.

To work as a credit portfolio analyst requires a strong financial foundation; hence a Bachelor’s degree in Finance, Economics, or Accounting is often needed.

Credit Portfolio Analyst Job Description Example/Sample/ Template

The credit portfolio analyst performs various functions related to the development and maintenance of the loan portfolio, and support credit analysis function.

The major tasks, duties, and responsibilities a credit portfolio analyst commonly performs are listed in the job description example below:

  • Responsible for the development and execution of credit portfolio risk monitoring activities, including analytics and process enhancements
  • Responsible for creating enhancing and maintaining reports on key risk metrics, concentrations, and stratifications of the loan portfolio
  • Perform research to prepare and provide clear and accurate information as requested by auditors, regulators, and other stakeholders
  • Anticipate regulatory risk regularly monitoring the regulatory landscape
  • Responsible for preparing ad-hoc risk management reports as assigned
  • Responsible for analyzing financial information and interpreting the financial condition of commercial customers and guarantors
  • Responsible for underwriting guarantor cash flows and contingent liability analysis
  • Responsible for the identification of risk factors that could impact the bank’s ability to be repaid and communicate it to the appropriate unit
  • Provide support in the completion of Credit Approval Report packages
  • Complete various aspects of the formal Credit Approval Report (CAR), including a summary of loan terms, exposure levels, and exceptions to policy
  • Prepare industry analysis as well as annual and interim credit memos
  • Provide support to Client Development Officer by attending to clients and prospects business development/relationship calls as requested
  • Collaborate with Client Development Officer to determine the appropriate proposed outline of the terms of a loan
  • Determine the timing and scope of work projects by reviewing Loan Maturity Report
  • Responsible for completing a preliminary file review to determine financial requirements and other items to be obtained from the client before the credit approval process
  • Responsible for the update of Collateral Charts, Borrowing Base Spreads, and Covenant Test as required
  • Responsible for the update of relationship loan histories, and determine appropriate exposure levels
  • Complete on-site property inspections and updated documentation for real estate loans as required by the Banks Loan Policy.

Credit Portfolio Analyst Requirements – Skills, Knowledge, and Abilities for Career Success

If you are seeking to work as a credit portfolio analyst, employer would generally require you to have certain skills, abilities, knowledge, experience, etc. to qualify to access the job.

You are expected to meet the requirements for the recruiter to be assured that you will be effective in performing the obligations, purpose, and objectives of the credit portfolio analyst role that will be assigned to you.

Shown below are major requirements most recruiters would want applicants for the credit portfolio analyst position to meet to be hired:

  • Education: Applicants for the credit portfolio analyst role are required to have a Bachelor’s degree in Finance, Economics, or Accounting. However, an MBA or Masters degree is preferred
  • Knowledge: They must possess a general understanding of loan products and require 2-3 years of experience in commercial credit analysis or completion of a commercial banking training program
  • They must also be familiar with credit policies and standards as well as relevant regulations and compliance issues. It is also vital that they can perform analysis on substantial data sets
  • Computer skills: They require proficiency in MS Office applications, including Excel (especially experience with Tableau), PowerPoint, SQL, and other data analytics tool
  • They must also be required to possess a working knowledge of business intelligence applications such as Crystal Reporting, MRA, Salesforce, CLO, and CMT
  • Interpersonal skills: They need strong interpersonal skills for relationship building with clients
  • Communication skills: It is essential that they possess solid written as well as verbal communication skills for effective presentations and working relationships with all levels of management across various departments
  • Project management skills: It is essential that they possess strong project, process, and time management skills, and must be able to prioritize and manage multiple tasks in a fast-paced environment
  • Flexibility: The credit portfolio analyst job requires flexibility to shift from task to tasks, and to handle various projects
  • Self- Starter: They must be self-motivated individuals with the ability to work independently as well as collaboratively
  • Teamwork ability: They must be able to work in a team-oriented environment
  • Detail orientation: Their job involves data analysis; therefore, they require strong attention to detail for accuracy and consistency.

Conclusion

If you are a recruiter or employer hiring for the credit portfolio analyst position in your organization, you will need to provide interested persons for the role a detailed description of the job to enable them determine if they qualify for it or not.

The credit portfolio analyst job description sample provided above can serve as a template for you to make the perfect description for the role for your organization.

The information about the credit portfolio analyst duties and responsibilities provided in this article will be helpful to people interested in the credit portfolio analyst career to increase their knowledge of what the role entails.

Did this post help you understand what credit portfolio analysts do? Please, leave a comment in the box below. You may also discuss your job description if you work as a credit portfolio analyst.