Editing Financial analyst (section)

====Credit analysts ====
There are several analyst roles related to [[credit risk]], macro or micro.<ref name="BLS4" /> [[Ratings agency|Ratings analysts]] (who are often employees of [[ratings agencies]]), evaluate the ability of companies or governments that issue [[bond (finance)|bonds]] to repay their debt. On the basis of their evaluation, a management team [[Bond credit rating|assigns a rating]] to a [[Corporate bond|company's]] or [[Government bond|government's bonds]]. 

Financial analysts employed in [[Commercial Loan|commercial lending]] perform balance sheet analysis, examining the borrower's [[Financial statements|audited financial statements]] and corollary data in order to similarly assess lending risks, and to confirm that [[Yield spread#Yield spread analysis|yield is appropriate given risk]]; this task is both upfront and on a monitoring basis thereafter.  The focus is on current and forecasted [[Financial ratio#Debt ratios (leveraging ratios)|debt-]] and [[Financial ratio#Liquidity ratios|liquidity ratios]] generally, and specifically those related to any [[loan covenant]]s, such as [[debt service coverage ratio]] (DSCR) and [[loan-to-value ratio]] (LTVR).

In [[retail banking]], [[credit analyst]]s build models to determine an applicant's creditworthiness, assign an initial [[credit score]], and monitor this and the loan on the basis of an ongoing [[Consumer_credit_risk#Scorecards|"behavioral" score]]. In this and the latter role, [[Impairment (financial reporting)|impairment-]] and [[Provision (accounting)|provision]]-modelling are a prominent deliverable (see [[IFRS 9]]); the [[probability of default]] (PD), [[exposure at default]] (EAD) and [[loss given default]] (LGD) statistics or models are (often) provided by a separate (but dedicated) [[Quantitative analysis (finance)#Risk management|credit-quant]] team.