Risk Management Specialist

1 day ago


Houston, Texas, United States Lonestar Equipment Solutions Full time
Job Description

Lonestar Equipment Solutions is seeking a skilled Credit Analyst to join our team in Texas.

As a Credit Analyst, you will play a critical role in reviewing the creditworthiness of individuals or businesses to determine the risk involved in lending money or extending credit. Your expertise will help us make informed decisions about loan applications and ensure the financial stability of our organization.

Key Responsibilities:

  • Credit Data Analysis: Analyze credit data and financial statements of individuals or businesses to identify the degree of risk involved in lending money or extending credit.
  • Research and Verification: Perform research to verify employment and income for individuals, inspect reports from credit reporting agencies, and review FICO scores.
  • Business Evaluation: Compare businesses to similar companies in terms of liquidity, profitability, and credit histories.
  • Financial Ratio Analysis: Use computer software to further evaluate customers' financial status and produce financial ratios.
  • Loan Application Review: Compile information, complete loan applications, and compose reports detailing the degree of risk involved in loan or credit request; recommend approval or denial based on results.
  • Interest Rate Determination: Set interest rates and minimum or maximum term of repayment for customers based on earnings, savings data, payment history, and purchase activity.
  • Profitability Analysis: Determine the expected profitability of loans by analyzing a business's financial data, including quality of management, income growth, and market shares.
  • Customer Support: Resolve customer complaints and verify transactions through consultation.
  • Delinquent Account Identification: Identify delinquent accounts through the review of individual or commercial customer files.

Requirements:

  • Excellent Communication Skills: Excellent verbal and written communication skills.
  • Technical Proficiency: Proficient in Microsoft Office Suite or related software, as well as analysis software.
  • Credit Analysis Knowledge: Basic understanding of relevant equipment, policies, procedures, and strategies used in credit analysis.
  • Problem-Solving Ability: Ability to identify discrepancies and problems.
  • Education: Bachelor's degree in Accounting, Economics, Finance, Statistics, or Mathematics preferred.

Physical Requirements:

  • Lifting Capacity: Lifting up to 25 lbs. may be required infrequently.
  • Work Environment: Must be able to remain in a stationary position 50% of the time.
  • Equipment Operation: Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer.

Benefits:

  • Medical Insurance: Medical, dental, life, and vision insurance.
  • Retirement Plan: 401(k) Retirement Plan and Match.
  • Paid Time Off: Paid Time Off.
  • Paid Holidays: Specified Paid Holidays.

Disclaimer:

This job description is a general outline of the day-to-day duties to be expected and may not cover all job responsibilities that may be assigned by management.



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