According to people in this career, the main tasks are...
| Task | Importance |
|---|---|
| Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money. | 98% |
| Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval. | 95% |
| Generate financial ratios, using computer programs, to evaluate customers' financial status. | 91% |
| Prepare reports that include the degree of risk involved in extending credit or lending money. | 91% |
| Analyze financial data, such as income growth, quality of management, and market share to determine expected profitability of loans. | 90% |
| Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations. | 85% |
| Contact customers to collect payments on delinquent accounts. | 80% |
| Evaluate customer records and recommend payment plans, based on earnings, savings data, payment history, and purchase activity. | 73% |
| Review individual or commercial customer files to identify and select delinquent accounts for collection. | 66% |
| Confer with credit association and other business representatives to exchange credit information. | 61% |
| Consult with customers to resolve complaints and verify financial and credit transactions. | 61% |
