Will “Escrow Representative” be Replaced By Robots? 🤔
100 % Chance of Automation
“Escrow Representative” will definitely be replaced by robots.
This job is ranked #677 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.
Care to share? Click for Facebook, Twitter, LinkedIn, or XING. 👍
Job Description
Analyze 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 credit information for use in decision making.
Job Details
- The SOC (Standard Occupational Classification) code is 13-2041.00
- The Mean Annual Wage in the U.S. is $ 81,160.00
- The Mean Hourly Wage is $ 39.00
- Currently, there are 72,930 people on this job
☝️ Information based on the reference occupation “Credit Analysts”.
Also Known As…
- Credit Analysts
- Underwriter
- Risk Analyst
- Credit Risk Analyst
- Credit Representative
- Credit Manager
- Credit and Collections Analyst
- Credit Analyst
- Credit Administrator
- Analyst
- Loan Review Analyst
- Loan Officer
- Financing Analyst
- Financial Analyst
- Factorer
- Credit Specialist
- Credit Negotiator
- Credit Assessment Analyst
Tasks for “Escrow Representative”
- Consult with customers to resolve complaints and verify financial and credit transactions.
- Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
- Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
- Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity.
- 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.
- Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
- Prepare reports that include the degree of risk involved in extending credit or lending money.
- Generate financial ratios, using computer programs, to evaluate customers' financial status.
- Analyze financial data such as income growth, quality of management, and market share to determine expected profitability of loans.
Related Technology & Tools
- Desktop computers
- Notebook computers
- 10-key calculators
- Personal computers
- Scanners
- Dun and Bradstreet Global DecisionMaker
- Fair Isaac Capstone Decision Manager
- CGI-AMS BureauLink Enterprise
- Equifax Application Engine
- CGI-AMS Strata
- Microsoft PowerPoint
- Moody's KMV Risk Analyst
- Moody's KMV Risk Advisor
- Credit adjudication and lending management system CALMS
- SAP
- Structured query language SQL
- Moody's KMV Financial Analyst
- Experian Strategy Management
- CGI-AMS CACS Enterprise
- Credit and risk analysis software
- Equifax Advanced Decisioning
- Experian FraudShield
- Experian Transact SM
- SAS
- Moody's KMV CreditEdge
- Oracle JD Edwards EnterpriseOne
- eCredit Enterprise
- Experian Retention Triggers
- Experian Detect
- Microsoft Word
- Microsoft Excel
- Experian Quest
- Experian Credinomics
- Fair Isaac Application Risk Model Software
- Moody's KMV Decisions
- Credit fraud detection software
- Microsoft Office
- Equifax InterConnect
- Fair Isaac Falcon ID