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CAREERMASH (EN)FROM FINANCE & ACCOUNTING →

Credit Analyst

Credit analysts look at financial information to decide whether people or businesses are safe to lend money to. Banks and other lenders rely on you to work out the risks before they hand over hundreds of thousands of pounds.

Credit Analyst

60

Finance & Accounting

AI IMPACT
AI EXPOSURE TODAY60
20-YEAR SCENARIO
NOT A FORECAST95%
THE DOOR · ENTRY DIFFICULTY TODAYC
STARTING PAY£25,000 - £35,000
NO MOATNo physical, legal or personal barrier protects this work from software.

THE DOOR: ENTRY DIFFICULTY TODAY, graded A (easy) to E (extremely hard). A Careermash rule-of-thumb index built from our AI exposure index and the job's moat class. It is not a forecast and not a count of job openings.

AI EXPOSURE TODAY is a Careermash index from 0 to 100 of how exposed this job's everyday tasks are to AI today. We estimate it by matching published research on how people use AI to this job, usually by keyword or subject area, and we lower it where the work is protected (for example by physical, personal or legal requirements). It is not a direct measurement of how much people in this job use AI.

This work is being absorbed by AI
AI exposure is high for this work and nothing structurally requires a human: no licence, no physical task, no relationship at the core. Enter as the person directing the tools, not competing with them.

The role

As a credit analyst, you study financial documents to understand whether someone can pay back a loan. You read their bank statements, tax records, business accounts and other numbers to spot patterns and risks. Your job is to say 'yes, lend to them' or 'no, that's too risky', and the lender will listen to what you say.

Every day you will look at spreadsheets and reports, work out what the numbers mean, and write up your findings. You might analyse one small business trying to borrow money for new equipment, or look at a big company's finances over several years. You need to be thorough and spot small problems that others miss, because a mistake here can cost the lender a huge amount of money.

Daily responsibilities

  • Analyze financial statements and credit reports to assess the creditworthiness of clients.
  • Conduct detailed risk assessments and develop credit risk models.
  • Prepare comprehensive reports and present findings to management or lending committees.
  • Monitor and evaluate existing credit portfolios and recommend necessary adjustments.
  • Collaborate with sales and underwriting teams to ensure alignment on credit policies.
  • Stay updated on market trends, economic conditions, and regulatory changes affecting credit.
  • Communicate with clients to gather necessary financial data and clarify information.
  • Utilize financial software and tools to enhance analysis efficiency.

Does a degree help here?

A UK degree, especially in finance, economics, or business, provides candidates with a robust understanding of the local market dynamics and regulatory environment, giving them a competitive edge in this analytical field.