Sample 1 - State of California

Occupation Profile


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Credit Analysts
(SOC Code : 13-2041)
in California

Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decision-making.

Employers are usually looking for candidates with a Bachelor's degree .

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Occupational Wages[Top]
AreaYearPeriodHourly MeanHourly by Percentile
25thMedian75th
California 20141st Qtr$38.21$27.43$35.05$45.56

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Occupational Projections of Employment (also called "Outlook" or "Demand")[Top]
 AreaEstimated Year-Projected YearEmploymentEmployment ChangeAnnual Avg Openings
EstimatedProjectedNumberPercent
California 2010 - 20206,0007,9001,90031.7310

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Job Openings from JobCentral National Labor Exchange[Top]
 
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Within  miles of Zip Code.


Industries Employing This Occupation (click on Industry Title to View Employers List)[Top]
Industry Title
Number of Employers in State of California
Percent of Total
Employment for Occupation in State of California
Depository Credit Intermediation 9,85818.1%
Automobile Dealers 8,60917.6%
Nondepository Credit Intermediation 14,39215.8%
Management of Companies and Enterprises 96213.5%
Activities Rel to Credit Intermediation 2,3204.9%
Activities Related to Real Estate 7,1403.1%
Other Financial Investment Activities 18,9852.3%
Management & Technical Consulting Svc 30,0541.4%
General Medical and Surgical Hospitals 1,6751.2%
Grocery Product Merchant Wholesalers 5,4861.2%
Other Motor Vehicle Dealers 4,2631.1%
Electronic Markets and Agents/Brokers 2,6461.0%

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Training Programs (click on title for more information)[Top]
Program Title
Accounting
Credit Management
Finance, General

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About This Occupation (from O*NET - The Occupation Information Network)[Top]
Top Tasks (Specific duties and responsibilities of this job.)
Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
Generate financial ratios, using computer programs, to evaluate customers` financial status.
Prepare reports that include the degree of risk involved in extending credit or lending money.
Consult with customers to resolve complaints and verify financial and credit transactions.
Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
Review individual or commercial customer files to identify and select delinquent accounts for collection.
Confer with credit association and other business representatives to exchange credit information.
Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
Analyze financial data such as income growth, quality of management, and market share to determine expected profitability of loans.
Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity.

More Tasks for Credit Analysts


Top Skills used in this Job
Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.
Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
Speaking - Talking to others to convey information effectively.
Mathematics - Using mathematics to solve problems.
Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Writing - Communicating effectively in writing as appropriate for the needs of the audience.
Service Orientation - Actively looking for ways to help people.

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Data for Tasks not available.

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Top Work Values (Aspects of this job that create satisfaction.)
Relationships - Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment.
Support - Occupations that satisfy this work value offer supportive management that stands behind employees.

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Top Interests (The types of activities someone in this job would like.)
Conventional - Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
Enterprising - Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.

More Interests for Credit Analysts

 
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