Credit Analyst I at Capital One

Plano, Texas, United States

Capital One Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
NoVisa
Banking, Financial ServicesIndustries

Requirements

  • Bachelor’s Degree
  • (Preferred) Bachelor’s degree in Accounting or Finance
  • (Preferred) At least 2 years of experience in financial statements, lending analysis, underwriting or loan review

Responsibilities

  • Analyzes complex personal and corporate loan portfolio financial statements for loan risk rating and monitoring purposes on a single loan and relationship basis
  • Reviews risk factors such as contingent liabilities and recurring cash flows
  • Sets up tracking for and monitors the facility for covenant compliance, adequate collateral valuation, verification of structural soundness and identification of any credit weaknesses
  • Reports any significant deterioration of borrowing relationship to department managers
  • Performs $1-3MM Loan Interim Reviews and prepares Loan Packages for Annual Reviews
  • Prepares and analyzes financial spreads and cash flow statements to assess financial performance of the business
  • Ensures financial spreads and credit packages are of high quality, timely within deadlines, and require minimal revision by underwriters
  • Professionally manages and maintains satisfactory communication with borrowers and co-workers
  • Trains for and masters all advanced credit concepts
  • Supports other credit-related activities and assists in divisional projects to achieve divisional goals

Skills

Financial Statements Analysis
Credit Analysis
Loan Underwriting
Loan Review
Risk Rating
Covenant Compliance
Collateral Valuation
Financial Spreads
Cash Flow Analysis

Capital One

Offers diverse financial products and services

About Capital One

Capital One provides a variety of financial services aimed at making banking accessible and easy for everyone. The company offers products such as credit cards, savings accounts, car loans, and business checking accounts, catering to both individual consumers and small businesses primarily in the United States. Capital One's approach includes user-friendly banking solutions with no fees or minimums for checking accounts, allowing customers to manage their finances more effectively. They generate revenue through interest on loans, credit card fees, and investment banking services. What sets Capital One apart from its competitors is its strong commitment to financial inclusion and literacy, demonstrated through community partnerships and educational initiatives, such as collaborations with Khan Academy. The company's goal is to create a more inclusive financial system and empower customers with the knowledge and tools they need to make informed financial decisions.

McLean, VirginiaHeadquarters
2014Year Founded
$15.9MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees

Benefits

Medical, Dental, & Vision coverage
Onsite Health Centers
Prescription saving with network of local pharmacies
Stock Purchase Plan
Education Assistance
401(k)
Flexible Spending Accounts
Life and Disability insurance
Generous paid time off + corporate & floating holidays
Registered dieticians on site, cooking classes and free virtual fitness classes
Employee Assistance Program

Risks

Increased competition in subscription management tools may dilute Capital One's advantage.
Over-reliance on partnerships could expose Capital One to technological risks.
Departure of key personnel like Joe Rodriguez may affect risk management continuity.

Differentiation

Capital One offers user-friendly banking with no fees or minimums for checking accounts.
The company partners with Khan Academy to provide financial literacy education.
Capital One is the first major U.S. bank to offer subscription management tools.

Upsides

Capital One's mobile app is a model for secure, user-friendly digital banking.
Data sharing with Worldpay enhances payment security and fraud prevention.
Partnerships with fintechs like Minna Technologies improve customer experience.

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