Financial Assessment Expert
2 weeks ago
The Credit Analyst role at ConnectedGroup involves analyzing credit applications to identify potential risks and opportunities. The successful candidate will work closely with our Commercial Officers to gather relevant information and conduct thorough assessments of each application. This includes reviewing financial statements, assessing creditworthiness, and evaluating potential risks. Based on their findings, they will provide recommendations to our Corporate/Business Managers regarding the approval or decline of each credit application. In addition, they will be responsible for monitoring the turnaround timeframe for processing credit proposals and ensuring that all credit applications are thoroughly evaluated and approved or declined based on sound business principles.
Key Responsibilities
- Analyze credit applications to identify potential risks and opportunities.
- Work closely with Commercial Officers to gather relevant information and conduct thorough assessments of each application.
- Review financial statements, assess creditworthiness, and evaluate potential risks.
- Provide recommendations to Corporate/Business Managers regarding the approval or decline of each credit application.
- Monitor the turnaround timeframe for processing credit proposals.
- Ensure that all credit applications are thoroughly evaluated and approved or declined based on sound business principles.
- Assess all underlying risk of credit applications.
- Conduct cashflow analysis, projection, peer comparison, if applicable, with reference to the relevant information gathered from internal and external sources.
- Coordinate with Corporate/Business Managers for any matters related to credit applications, further elaborate and clarify with respective commercial officers if needed.
- Giving comments if any special approvals and date postponement are required.
- Keep track on any credit issues that need to be followed up and conduct interim review of any accounts if required.
- Approve credit applications within the delegated authority.
Requirements
You must have a university graduate background with at least 3 years of working experience in credit analyst with relevant credit analysis and bills operation trainings. A sound knowledge of local economic/industrial conditions, banking laws & practices, in-depth knowledge of import & export operations and related lending products offered by Banks is essential. HKICPA, ACCA, CFA, FRM are preferred qualifications. Good analytical & report writing skills with logical credit judgment are necessary along with good knowledge in PC skills and a good command of written & spoken English & Chinese.
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