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.

Excellent video! Concise, direct to the point and very useful. Thanks for the knowledge.

@ThatMuslimLife

2 жыл бұрын

Thank you!

Super useful and love the quality!!! 10/10

@ThatMuslimLife

2 жыл бұрын

Thank you!😄

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

2 жыл бұрын

Hope you succeed in the role and you enjoy it!

@JakeSpradlin2

Жыл бұрын

How is it going now?

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

Жыл бұрын

Thank you for the words of encouragement and im really happy it was useful for you!

Thanks for this information

very well explained, this is very instrumental to me. Thank you.

@ThatMuslimLife

Жыл бұрын

Glad you found it useful!

Thanks for the content!

@ThatMuslimLife

Жыл бұрын

Happy to help bro!

Thank you for this video! I have an interview at JPM Chase tomorrow as a credit risk analyst, wish me luck!

@ThatMuslimLife

2 жыл бұрын

Best of luck!

@Tyrizzle505

2 жыл бұрын

@@ThatMuslimLife I got the job! I would have flopped both interviews if it wasn't for this video. Thanks again!

@ThatMuslimLife

2 жыл бұрын

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

2 жыл бұрын

@@ThatMuslimLife Thank you, I definitely will!

@vivekmishra5110

Жыл бұрын

Surprised to see such a good video having so less view. Great one 👍

Thank you for the useful informations you shared with us.

@ThatMuslimLife

7 ай бұрын

Happy to help!

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?

Thank you so much. This is helpful..

@ThatMuslimLife

Жыл бұрын

Thank you for supporting the channel and best of luck in your career !

Nice!

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

5 ай бұрын

Well explained mate!

very informative video please keep it up

@ThatMuslimLife

2 жыл бұрын

Thank you, I will for sure!

Good job!

tapping in

Very informative covering all the relevant skills which basically applies to every profession in general. Great video 👍

@ThatMuslimLife

2 жыл бұрын

Thanks!

Hi,that was really informative. Can you please help provide any course links that we can pursue for coding Thanks

@ThatMuslimLife

2 жыл бұрын

If you add on LinkedIn it'd be easier to provide!

How long and often are your meetings with clients?

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?

Please guide me how can I learn credit risk modelling and master it . Please tell me the roadmap

@ThatMuslimLife

Жыл бұрын

this is a good question, i will look into something useful for you

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

2 жыл бұрын

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.

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

11 ай бұрын

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

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

Жыл бұрын

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.

Hi, I have minimal coding experience, how can i prepare for it during my interview?

@ThatMuslimLife

Жыл бұрын

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.

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

2 жыл бұрын

Ow I get it now SQL

@ThatMuslimLife

2 жыл бұрын

Yes my friend! In some places its pronounced sequal and in other places its called S Q L

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

10 ай бұрын

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

10 ай бұрын

@@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.

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

Жыл бұрын

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

Жыл бұрын

@@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

Жыл бұрын

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

FRM can add value to my Credit risk analyst career?

@ThatMuslimLife

2 жыл бұрын

Yes it will, I will be making a video on that. Its a very well respected qualification.

Is this is best to do Course Of Credit Rosk Analysts

@ThatMuslimLife

4 ай бұрын

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?

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