Credit Analysts are responsible for thoroughly assessing their client's financial records to offer the most suitable credit option that meets their financial goals and needs. They must have a broad knowledge base of financial and bank credit lines and be familiar with current credit regulations and lending best practices.  
  
For Credit Analysts, knowing about mortgages, escrows, and titles is an asset. They should also have an excellent understanding of financial accounting and vast comprehension of credit and financial analysis. A completed bachelor's degree in Finance, Business, or Accounting is where they'll pick up a majority of the skills and techniques they'll need for the job. However, equivalent certification is available, and on-the-job training is available for less weighty skills, such as sales and administrative abilities.  
       
Most Credit Analysts require a minimum of three years of experience working in the Finance or Accounting field. They should also have worked on acquiring relevant experience in a client-facing accounting role. Lastly, having a basic knowledge of the sector they want to work in is always a must. 

What can help you become a Credit Analyst

• Interpersonal and communication skills:   

In any industry, communication skills are an asset. Credit Analysts should sharpen their ability to communicate clearly, both verbally and in writing, to prepare themselves for the role of advising and interacting with clients regularly. They must establish and maintain supportive working relationships.   
  

• Organizational and time management skills:   

A career as a Credit Analyst requires prioritization and planning work activities to make the most of their time. Efficiency is vital for managing a calendar of tasks and meetings with clients on top of additional administrative duties. Credit Analysts will benefit from an organized approach to working, especially when handling high-volume tasks. 
 

• Analytical, problem-solving, and decision-making skills:   

Credit Analysts investigate numerical data, draw logical inferences, and provide reasonable recommendations to their clients. To promptly identify issues and resolve problems, it helps when they come equipped with sharpened analytical skills, strategic thinking skills, and calculated judgment. Data analysis of any kind requires extreme attention to detail, efficiency and focus.