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Credit Risk Analyst - Salary, Interview Prep & Skills 

TML - Careers and Finance
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Credit Risk Analyst skills, salaries and interview preparation can be hard to find. In this video I share my experiences of working as a credit risk analyst.
Preparing adequately for finance interviews whether as a financial analyst, credit risk or accountancy can give you a head start in your career.
This video will cover what does a credit risk analyst do, what are the skills required for credit risk analysts to succeed and what is the career progression like for a credit risk analyst.
Note: All views are my own and do not represent my past or current employers

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23 июл 2024

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Комментарии : 66   
@MrDibakarghosh
@MrDibakarghosh 6 месяцев назад
A credit risk analyst assesses the likelihood that individuals or businesses may not be able to repay their loans or fulfill financial obligations. They analyze various factors such as credit histories, financial statements, and market trends to evaluate the risk associated with lending money or extending credit. The goal is to help financial institutions make informed decisions, manage risks, and maintain a healthy credit portfolio.
@GerardVillamora
@GerardVillamora 2 года назад
Excellent video! Concise, direct to the point and very useful. Thanks for the knowledge.
@ThatMuslimLife
@ThatMuslimLife 2 года назад
Thank you!
@lindajoan6456
@lindajoan6456 2 года назад
Super useful and love the quality!!! 10/10
@ThatMuslimLife
@ThatMuslimLife 2 года назад
Thank you!😄
@dieterdelaet9760
@dieterdelaet9760 Год назад
Hey man, thanks for making the video (and sending it to me in Reddit xD) I really like this kind of video's and I think a lot more students should have this more specific carreer knowledge, and the hard skills nessecary for a certain job. Really great video and I am bound to watch more of your work!
@ThatMuslimLife
@ThatMuslimLife Год назад
Thank you for the words of encouragement and im really happy it was useful for you!
@BurnedSpace
@BurnedSpace 2 года назад
starting a CA role in a few weeks. As an Econ major alot of this stuff I have only minimal knowledge on, so I appreciate this information.
@ThatMuslimLife
@ThatMuslimLife 2 года назад
Hope you succeed in the role and you enjoy it!
@JakeSpradlin2
@JakeSpradlin2 Год назад
How is it going now?
@xinrenwang7768
@xinrenwang7768 Год назад
very well explained, this is very instrumental to me. Thank you.
@ThatMuslimLife
@ThatMuslimLife Год назад
Glad you found it useful!
@Tyrizzle505
@Tyrizzle505 2 года назад
Thank you for this video! I have an interview at JPM Chase tomorrow as a credit risk analyst, wish me luck!
@ThatMuslimLife
@ThatMuslimLife 2 года назад
Best of luck!
@Tyrizzle505
@Tyrizzle505 2 года назад
@@ThatMuslimLife I got the job! I would have flopped both interviews if it wasn't for this video. Thanks again!
@ThatMuslimLife
@ThatMuslimLife 2 года назад
Congrats!! :D have a watch of my other videos on what you should do when you first start a job and latest credit risk analyst video to give you the best start.
@Tyrizzle505
@Tyrizzle505 2 года назад
@@ThatMuslimLife Thank you, I definitely will!
@vivekmishra5110
@vivekmishra5110 Год назад
Surprised to see such a good video having so less view. Great one 👍
@kianfayazbakhsh1862
@kianfayazbakhsh1862 3 месяца назад
Very informative. Thanks for the video. What do you think of Investment Analyst as the next step if somebody wants to pivot his/her skills into a new role?
@janjungwirth2060
@janjungwirth2060 8 месяцев назад
Thank you for the useful informations you shared with us.
@ThatMuslimLife
@ThatMuslimLife 8 месяцев назад
Happy to help!
@lancejones7263
@lancejones7263 2 года назад
Thanks for this information
@dodolelela
@dodolelela Год назад
Thanks for the content!
@ThatMuslimLife
@ThatMuslimLife Год назад
Happy to help bro!
@neymardasilva1801
@neymardasilva1801 2 года назад
very informative video please keep it up
@ThatMuslimLife
@ThatMuslimLife 2 года назад
Thank you, I will for sure!
@ruthkuri7196
@ruthkuri7196 Год назад
Thank you so much. This is helpful..
@ThatMuslimLife
@ThatMuslimLife Год назад
Thank you for supporting the channel and best of luck in your career !
@mj-sl2wg
@mj-sl2wg 2 года назад
Good job!
@MrDibakarghosh
@MrDibakarghosh 6 месяцев назад
Credit risk refers to the potential loss that a lender or investor may incur if a borrower fails to repay a loan or meet their financial obligations. It is the risk that the borrower may default on their payment, leading to financial losses for the creditor. Credit risk assessment involves evaluating the borrower's creditworthiness, which includes analyzing their credit history, financial health, and other relevant factors. Effective management of credit risk is crucial for financial institutions to make informed lending decisions and safeguard their financial stability.
@ThatMuslimLife
@ThatMuslimLife 6 месяцев назад
Well explained mate!
@bookbinding
@bookbinding 2 года назад
Nice!
@nehaagarwal1777
@nehaagarwal1777 Год назад
Hi, I am Chartered Accountant. I want to apply for credit risk analyst. I got calls from banks, finance company and JPM chase. What should I prepare and is Financial modelling course gonna help me?
@2KTwisted2K
@2KTwisted2K 7 месяцев назад
How long and often are your meetings with clients?
@mayankpapnai9014
@mayankpapnai9014 2 года назад
Hi,that was really informative. Can you please help provide any course links that we can pursue for coding Thanks
@ThatMuslimLife
@ThatMuslimLife 2 года назад
If you add on LinkedIn it'd be easier to provide!
@global.leeski
@global.leeski 2 года назад
tapping in
@bdc96
@bdc96 2 года назад
I just took an offer for a credit risk analyst at a bank that is $90k USD base salary in a moderate COL area. I also only have 1 YOE. Are your numbers inaccurate or did I just get a great offer?
@ThatMuslimLife
@ThatMuslimLife 2 года назад
Congrats on your offer and you got a good one. But also I tried to incorporate all industries credit risk salaries, not just working in banking. Working in banks and doing credit risk that sounds accurate to be given that, slightly on the higher side if its just base.
@asimdawre6632
@asimdawre6632 2 года назад
Hiii.... I m currently a ACCA student i just want to ask what exactly can i do from now to work as a Credit Analyst which subject in ACCA to master in? And what other techincal skills should i possess
@ThatMuslimLife
@ThatMuslimLife 2 года назад
Mastering understanding the financial statements is very important. Make sure your fundamentals are good and you're always questioning what customer says about their statements. Read some credit rating reports to have an idea e.g. Moodys. And learn sql.
@sallythai4270
@sallythai4270 Год назад
Hi, I have minimal coding experience, how can i prepare for it during my interview?
@ThatMuslimLife
@ThatMuslimLife Год назад
You wont generally be asked coding questions. Focus more on credit analysis for interviews. But doing SQL as a basics via online courses would give you a big advantage compared to someone who doesn’t know it.
@thevinsea
@thevinsea 2 года назад
Very informative covering all the relevant skills which basically applies to every profession in general. Great video 👍
@ThatMuslimLife
@ThatMuslimLife 2 года назад
Thanks!
@anuragpant2545
@anuragpant2545 Год назад
Please guide me how can I learn credit risk modelling and master it . Please tell me the roadmap
@ThatMuslimLife
@ThatMuslimLife Год назад
this is a good question, i will look into something useful for you
@Ali-bk1hr
@Ali-bk1hr Год назад
Hi I have a data analyst degree and can code but I do not have an in depth maths background such as calculus, linear algebra etc. Is this something that’s heavily part of the job or can I apply?
@ThatMuslimLife
@ThatMuslimLife Год назад
You've got Very good skills already, especially in the modern working way credit depts work . But brush up on credit concepts as you'll be tested more on them first. Don't worry about the calculus/algebra part.
@Ali-bk1hr
@Ali-bk1hr Год назад
@@ThatMuslimLife thank you so much for your reply brother. Even with statistics? Do you think it’s worth taking a course or would knowing Python, SQl, excel and tableau be enough?
@ThatMuslimLife
@ThatMuslimLife Год назад
So there's quite a lot of models to work with eg predicting losses. But it's often other teams who develop them but if you can understand them you'll have a big advantage. Your sql, python will help a lot in your day to day job. Just make sure you know credit concepts and reading financials
@indexrule2k
@indexrule2k 2 года назад
At 6:02 what's is the skill? I'm sorry but I'm from Brazil and I wasn't able to get that! 😅
@indexrule2k
@indexrule2k 2 года назад
Ow I get it now SQL
@ThatMuslimLife
@ThatMuslimLife 2 года назад
Yes my friend! In some places its pronounced sequal and in other places its called S Q L
@nagakalyan7226
@nagakalyan7226 11 месяцев назад
Thanks for sharing information. Currently i am working as credit underwriting manager in home loan department and i would like to change my carrer to credit risk. So, can you please suggest which course will helpful in future growth as a credit risk analyst. Waiting for your reply sir.
@ThatMuslimLife
@ThatMuslimLife 11 месяцев назад
You have a lot of good base knowledge but make sure you become familiar with the financial statements. There might be introductory ACCA courses to do which can help and show employees. Long run you can look at CA or CFA but only if it's a serious career and struggling to get into it
@arimohan2734
@arimohan2734 2 года назад
FRM can add value to my Credit risk analyst career?
@ThatMuslimLife
@ThatMuslimLife 2 года назад
Yes it will, I will be making a video on that. Its a very well respected qualification.
@sarveshkarpe5426
@sarveshkarpe5426 11 месяцев назад
I'm studying MSc Risk and Investment management from Queen's university Belfast, UK and will be completing this September, 2023. As I have started applying for jobs, unfortunately there is no positive response as I'm a fresher. please guide me sir for landing up a job in risk management field. I highly appreciate and thank you for the youtube videos.
@ThatMuslimLife
@ThatMuslimLife 11 месяцев назад
Thanks for your comment. It’s tricky to network in Belfast , but what is your undergrad in and do you have any work experience?
@sarveshkarpe5426
@sarveshkarpe5426 11 месяцев назад
@@ThatMuslimLife My undergrad is in Instrumentation Engineering from India, as I have shifted my career path into risk management via masters, I lack related work experience in risk management, but I'm very optimistic and eager to gain work experience via entry level jobs / internships. I request you to please provide me some insights via your network. Thank you Also, I'm willing to relocate for job anywhere within UK.
@hrithikshah9311
@hrithikshah9311 4 месяца назад
Is this is best to do Course Of Credit Rosk Analysts
@ThatMuslimLife
@ThatMuslimLife 4 месяца назад
What kind of courses are you referring to? Formal education or online ? And at what level are you looking for when it comes to jobs?
@chisangachisanga-sk4cr
@chisangachisanga-sk4cr 2 месяца назад
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