Job Description
Are you a detail-oriented finance professional looking for a rewarding career with the flexibility of a weekly pay schedule? Durham Financial Group is seeking a dedicated Credit Analyst to join our dynamic team in Durham, NC.
We are committed to excellence in financial services and are looking for a candidate who can thrive in a fast-paced environment. In this pivotal role, you will be responsible for assessing creditworthiness, mitigating risk, and ensuring the financial health of our diverse portfolio. If you are ready to make an impact while enjoying the financial security of getting paid every single week, we want to hear from you.
Why Join Our Team?
- Weekly Pay: Enjoy the peace of mind of getting your hard-earned money deposited directly into your account every Friday.
- Competitive Benefits Package: Comprehensive health, dental, vision, and 401(k) retirement planning.
- Professional Development: Access to training programs and clear pathways for career advancement.
- Modern Work Environment: Collaborative culture with state-of-the-art facilities in downtown Durham.
Responsibilities
- Conduct comprehensive analysis of credit applications, financial statements, and collateral to determine creditworthiness and risk profiles.
- Assess and mitigate credit risk by analyzing borrower financial health, cash flow, and industry trends.
- Prepare and maintain accurate, up-to-date credit files, reports, and documentation in strict accordance with company policies and regulatory standards.
- Communicate credit decisions, risk assessments, and recommendations clearly and effectively to internal stakeholders and loan officers.
- Monitor existing portfolio performance and proactively recommend actions for delinquent or at-risk accounts to minimize losses.
- Stay abreast of changing economic indicators, industry regulations, and banking compliance requirements to ensure ongoing compliance.
Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, or a related field.
- 1-3 years of relevant experience in credit analysis, risk assessment, or commercial lending operations.
- Strong proficiency in Microsoft Office Suite, particularly Excel (advanced formulas and data analysis capabilities required).
- Excellent analytical skills with the ability to interpret complex financial data and draw actionable conclusions.
- Strong attention to detail with the ability to meet strict deadlines and manage multiple priorities effectively.
- Effective communication skills, both written and verbal, with a professional demeanor.