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Associate Credit Jobs in Texas (NOW HIRING)

US LBM Holdings, LLC

USLBM Credit Associate

Albany, TX · On-site

A Brief Overview The US LBM Credit Associate is responsible for the credit collection process, managing credit applications, ensuring timely and accurate processing of payments, mitigating credit ...

US LBM Service Co

USLBM Credit Associate

Austin, TX

A Brief Overview The US LBM Credit Associate is responsible for the credit collection process, managing credit applications, ensuring timely and accurate processing of payments, mitigating credit ...

HP Products

Credit Trainee

Euless, TX

Ferguson is a community of proud associates who operate with the shared purpose of building ... The Credit Trainee program is designed to accelerate your career in credit by teaching you the ...

SUPPLY.com

Credit Trainee

Euless, TX

Ferguson is a community of proud associates who operate with the shared purpose of building ... The Credit Trainee program is designed to accelerate your career in credit by teaching you the ...

Lighting Unlimited

Credit Trainee

Euless, TX

Ferguson is a community of proud associates who operate with the shared purpose of building ... The Credit Trainee program is designed to accelerate your career in credit by teaching you the ...

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All JobsAssociate Credit JobsAssociate Credit Jobs in Texas

Associate Credit information

How do I become a credit clerk?

To become a credit clerk, candidates typically need a high school diploma or equivalent, along with strong organizational and communication skills. Some employers prefer candidates with experience in accounting, finance, or familiarity with credit management software. On-the-job training is common, and certifications in accounting or credit management can enhance job prospects.

What are the key skills and qualifications needed to thrive as an Associate Credit professional, and why are they important?

To thrive as an Associate Credit professional, you need strong analytical skills, attention to detail, and a solid understanding of financial principles, typically backed by a degree in finance, accounting, or a related field. Proficiency with credit analysis tools, financial modeling software, and CRM systems is often required. Excellent communication, problem-solving abilities, and teamwork are essential soft skills for effectively collaborating with clients and internal teams. These competencies ensure accurate credit assessments, risk management, and the building of strong client relationships, all of which are critical for organizational success.

What are some common challenges faced by an Associate Credit professional, and how can they be overcome?

Associate Credit professionals often encounter challenges such as analyzing complex financial data, balancing multiple client accounts, and meeting tight deadlines for credit assessments. Effective time management and strong analytical skills are crucial to handle these tasks efficiently. Collaboration with senior credit analysts and other departments, such as sales or risk management, can provide valuable insights and support. Continuous learning about industry regulations and credit risk models also helps in staying updated and improving performance.

What is the highest paying job in credit?

The highest paying roles in credit typically include senior positions such as Chief Credit Officer or Credit Director, which oversee credit risk management and strategy. These roles often require extensive experience, advanced certifications like CFA or CPA, and strong leadership skills, with salaries reaching into six figures or higher depending on the organization and location.

What are Associate Credit professionals?

Associate Credit professionals are entry- to mid-level employees who work in financial institutions or corporate finance teams, focusing on assessing the creditworthiness of individuals or companies. Their responsibilities often include analyzing financial statements, preparing credit reports, assisting in loan underwriting, and monitoring existing credit portfolios. They play a crucial role in ensuring that lending decisions are based on sound financial analysis and risk assessment. Associate Credit professionals typically work under the supervision of senior credit analysts or managers and may interact with clients to gather necessary financial information.

What is the difference between Associate Credit vs Credit Analyst?

AspectAssociate CreditCredit Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; some roles may require certifications like CFA or CPABachelor's degree in finance, accounting, or related field; certifications like CFA are common but not mandatory
Work EnvironmentTypically in banking or financial institutions, working in teams to assess creditworthinessOften in banks, credit bureaus, or financial firms, analyzing data and preparing reports
Employer & Industry UsageUsed by banks, lending companies, and financial institutions for credit assessmentUsed by banks, credit agencies, and financial firms for evaluating credit risk

Both Associate Credit and Credit Analyst roles involve assessing creditworthiness, requiring similar educational backgrounds and working in financial environments. The main difference lies in job scope: Associate Credit often supports credit decision processes, while Credit Analysts perform detailed credit risk analysis and reporting.

Will a credit analyst be replaced by AI?

Credit analysts perform tasks such as evaluating financial data and assessing credit risk, which can be partially automated using AI tools. However, human judgment remains essential for complex analysis, relationship management, and decision-making, so full replacement is unlikely in the near term.

What is a credit associate job?

A credit associate is responsible for evaluating and analyzing credit data to determine the risk of lending money or extending credit to individuals or businesses. They often review financial statements, credit reports, and use credit scoring tools to make informed decisions, typically working in banking or financial services environments. Strong analytical skills and knowledge of credit policies are essential for this role.

What Is a Credit Associate?

A credit associate or analyst determines whether or not clients are good candidates for credit cards, loans, or financing options. Credit associate jobs are found in the banking industry and other corporate settings that provide financial services, like vehicle dealerships. Job duties include gathering data about potential clients, analyzing their financial information, and making a recommendation about their credit risk. The qualifications for this career are a bachelor’s degree in accounting or finance, experience in the financial industry, and quantitative analysis skills.

More about Associate Credit jobs
What are the most commonly searched types of Credit jobs in Texas? The most popular types of Credit jobs in Texas are:
What cities in Texas are hiring for Associate Credit jobs? Cities in Texas with the most Associate Credit job openings:
Associate Credit jobs near you
Associate Credit Officer - Middle Market

Associate Credit Officer - Middle Market

Texas Capital Bank

Austin, TX • On-site

Full-time

Medical, Life, Retirement, PTO

Posted 11 days ago

Job description

Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people's success - today and tomorrow.
While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment - investing the time and resources to understand our clients' immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships.
Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO).
Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News' Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate's 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com.
Brief Overview of Position
Associate Credit Officer (ACO) is positioned within Credit Administration and is integral to the success of each line of business it supports, helping to drive the strategic vision set forth by Texas Capital Bank.
This position will support the Middle Market line of businesses within the bank. The Associate Credit Officer is responsible for maximizing portfolio performance and providing oversight for the Portfolio Managers leading deals from opportunity to close. Responsibilities include monitoring the portfolio quality against established criteria and recommending adjustments to existing credit facilities as appropriate. The Associate Credit Officer provides efficient follow-up and spearheads processes to ensure best-in-class Customer Service while serving as an internal consultant and liaison between Credit and the Line of Business.
Responsibilities
To be successful in this role, candidates must be able to process large amounts of information, communicating in a clear and concise manner, and develop innovative solutions for our clients, all while maintaining a strong and efficient attention to detail. Key responsibilities include, but are not limited to:
  • Ensures all due diligence and background evaluation is complete before credit approval is granted.
  • Ensures the effective administration of the corporate loan policies, programs, objectives and goals as they pertain to the Bank
  • Ownership of post-approval modifications to ensure accurate reporting of credit exposure
  • Oversight and in-depth analysis of macroeconomic conditions, industry trends and changes in lending practices
  • Ownership of portfolio reporting and analytics: grade-migration, past-dues, exceptions, coming-due maturities, etc.
  • Oversight of credit related responsibilities for the Credit Risk Analysts and Associates, including financial statement spreading and validation of various underwriting models
  • Ownership of all credit approvals (new customers, modifications, renewals, increases, risk assessments)
  • Identification of key risks and issues pertinent to each credit request, including potential mitigants for identified risks
  • Lead and/or support key initiatives to drive improvements in the delivery of credit solutions for clients and prospects
  • Assures the integrity of individual credits approved as well as the assigned portfolio.
  • Responsible for risk rating assessment and periodic relationship reviews
  • Partner with Relationship Manager in credit agreement review and negotiation
  • Validate covenant compliance and covenant management, when applicable
  • Direct and manage portfolio review, when applicable
  • Works with and mentors underwriting team.
  • Ownership of policy exception identification
  • Identify cross-sell opportunities
  • Assesses risk ratings.
  • Partner with Special Assets Group for credit requests (as needed)
  • May perform other duties as needed.

Qualifications
  • A minimum of ten (10) years of experience in a credit related role
  • Bachelor's degree; MBA preferred.
  • Completion of a formal credit training program preferred.
  • Prior experience as a commercial lender preferred.
  • A high level of interpersonal skills to communicate policies, procedures and objectives effectively throughout the Bank and to cultivate working relationships with bankers and clients.
  • A high level of analytical skill to assess and manage areas of responsibility including determination of credit risk involved and making final approval decisions.
  • Proficient with Excel and Microsoft Word.
  • Strong written communications skills.
  • Understanding of all Bank products and services.
  • Thorough knowledge of commercial loans, principles, policies, and practices.
  • Thorough knowledge of financial statement analysis and Petroleum Engineering evaluations.
  • Knowledge of current lending laws and regulations.

The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.
Texas Capital Bank logo

About Texas Capital Bank

Sourced by ZipRecruiter

Texas Capital Bank is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big banks at a scale that makes sense for our clients, with highly experienced bankers who truly invest in people's success -- today and tomorrow.

Industry

Commercial banking

Company size

1,001 - 5,000 Employees

Headquarters location

Dallas, TX, US

Year founded

1998

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