Credit Analyst

Job Description

Credit analysts assess and make decisions about customer credit applications using a range of criteria including purpose of application, credit viability, customer payment history and customer credit-worthiness.

They determine the credit worthiness of people or companies applying for loans.

The Job Scope

  • Reading financial briefings
  • Assessing, analyzing and interpreting complicated financial information
  • Undertaking risk analysis by developing statistical models
  • Completing loan application forms and submitting to loan committees for approval
  • Using credit-scoring systems for small credit amounts (such as small unsecured personal loans)
  • Helping to enhance the quality of credit applications

Skills Required

Academic Requirement

Degree in Finance

  • STPM
    Minimum 2 passes
  • A-Level
    Minimum 2 passes
  • Diploma
    Grade B in 2 subjects
  • Foundation
    Foundation in Science or Foundation in Arts or other equivalent qualifications recognized by the Malaysian Government.
Diploma in Finance

  • SPM / O-Level
    Pass with minimum 3 credits including Mathematics and English
  • UEC
    Pass with minimum 3 Bs including Mathematics and English

Salary Range

    Fresh graduates can expect a salary ranging between RM2,300 to RM3,600 (payscale).
    Senior credit analysts work closely with loan officers (who are the primary contact point to the client) to inform them about loan policy and the results of the risk assessment. Several years’ experience working with credit or loan evaluation is also required, as senior credit analysts work relatively independently on their credit assessments. They can expect a salary ranging between RM4,000 to RM6,500 (payscale).