{"id":248208,"date":"2022-09-08T10:28:55","date_gmt":"2022-09-08T10:28:55","guid":{"rendered":"https:\/\/imarticus.org\/?p=248208"},"modified":"2024-03-29T09:50:10","modified_gmt":"2024-03-29T09:50:10","slug":"an-updated-skills-list-a-credit-analyst-must-possess","status":"publish","type":"post","link":"https:\/\/imarticus.org\/blog\/an-updated-skills-list-a-credit-analyst-must-possess\/","title":{"rendered":"An updated skills list a credit analyst must possess"},"content":{"rendered":"

An updated skills list a credit analyst must possess<\/span><\/h2>\n

The job of a credit analyst is to analyse whether a person or an organisation is capable of paying off their debts in the coming future. They make the call on whether the loan will be sanctioned or not. A credit analyst analyses the past payment history of the individual and decides their credit worthiness. A credit analyst plays an essential role to assess the merits or lacuna of an organisation or person who is requesting credit.<\/span><\/p>\n

\"credit<\/p>\n

A credit analyst helps in controlling the bad debt of the institution they are working for. A <\/span>career as a credit analyst<\/a><\/strong> is highly challenging and interesting at the same time. Since the outflow of a financial institution\u2019s money and its timely recovery is a very important affair, the role of a credit analyst becomes extremely crucial. <\/span><\/p>\n

They are hired by institutions like Government or private banks, non-bank financial corporations and credit rating agencies. Some of the credit rating agencies in India are CRISIL, CARE and ICRA.\u00a0<\/span><\/p>\n

The skills set that a credit analyst must possess are as follows –<\/b>\u00a0<\/span><\/h2>\n