LOD1 Credit Analyst [Analista de Crédito - Linha de Defesa 1]

The main responsibility of the Credit Analyst is the execution of the necessary risk assessment appropriate to each customer and credit application type.

This includes evaluation of financial data, such as balance sheets and income statements to determine the level of default risk, including the calculation of financial ratios, interpreting results from automated decision-making and the preparation of a report to register the required audit trail.

For credit origination, the Credit Risk Analyst will perform the credit analysis, which may include KYC (Know Your Customer) elements and the update of rating or scoring, and issue a credit opinion. They are also responsible for registering new customers in risk system following the registration done by sales, if needed.

For automatic or semi-automatic decisions, the Credit Risk analyst is responsible for validating the information used for this matter.

If the credit application is within their derogation rights, as defined in the delegation letter, the Credit Risk Analyst will make the credit decision and proceed to credit authorization. If not, they will be responsible for preparing the credit file to be shared with the second line of defence for validation.

For credit review, the Credit Risk Analyst is responsible for regular rating / scoring update.