Financial Analyst

6 days ago


Vadnais Heights, Minnesota, United States Creative Financial Staffing Full time

Job Summary:

Creative Financial Staffing is seeking a skilled Credit Specialist to join our team. As a Credit Specialist, you will play a crucial role in determining the eligibility of clients for financial aid.

Key Responsibilities:

  • Application Review: Receive and review credit and loan applications, ensuring all necessary documentation is complete and accurate.
  • Financial Analysis: Conduct thorough financial analyses to assess clients' creditworthiness and make informed decisions about credit extensions.
  • Risk Management: Identify potential risks and develop strategies to mitigate them, ensuring the financial stability of our institution.
  • Client Communication: Communicate with clients regarding the outcome of their credit applications and negotiate interest rates and payment plans as needed.
  • Repayment Oversight: Monitor client repayments and take prompt action to address any issues or defaults.
  • Database Management: Maintain a database of regular defaulters and report them to relevant authorities as necessary.
  • Financial Performance: Contribute to the overall financial performance of our institution by identifying opportunities for growth and improvement.

Requirements:

  • Experience: Demonstrable experience as a credit specialist or in a related field.
  • Regulatory Knowledge: Excellent knowledge of governing regulations and bodies.
  • Business Acumen: Familiarity with sound business, borrowing, and spending practices.
  • Analytical Skills: Strong research, statistical, and decision-making skills.
  • Negotiation Skills: Ability to negotiate credit limits and repayment options.
  • Communication Skills: Capacity to communicate effectively with clients and colleagues.

Work Model: Our client operates a hybrid work model, with up to 2 days in office work per week.

Compensation: The annual salary for this position is $56,000 - $59,500.



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