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| *Ostroff, Fair and Company>>>Financial Services |
How are a loan officer's job responsibilities different from the ones of a credit analyst? |
How are a loan officer's job responsibilities different from the ones of a credit analyst? A Loan Officer "Sells" loan products and services. A Credit Analyst: "Reviews" loan applications and does the analysis to determine if the borrower is credit worthy. ______________________________... You can take a look at various financial job descriptions today to learn more at: www.wellsfargo.com (JOBS) www.bankofamerica.com (CAREERS) www.wachovia.com (CAREERS) www.mrinetwork.com www.careerbank.com www.jobsinthemoney.com www.bankjobs.com www.bankingboard.com Jobs in Financial Services are plentiful so GO FOR IT! GOOD LUCK! :-) Source(s): Loan Officer vs Credit Analyst - Jobs/Duties? A loan officer makes their decisions using the information received from the credit analyst. A credit analyst scrutinizes the information provided about a customer to assess if they are credit worthy or not, authorizes/gives a go ahead to give them a loan, checks on the performance of the loan, that limits are in place and re-assesss in case they need extra money by reviewing previous performance and desired amounts vs expected results. Loan Officer is a rather broad title. It may involve, collection/recovery, analysis and report decimation, etc. I hope I have helped. A loan officer typically originates loan application where a credit analyst determines what the risk might be associated with making the loan |
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