CB: Risk Analyst vs Credit Analyst

Here are descriptions for the CA and CRA positions HSBC I was looking at. I am looking everywhere though. I just want to get a career in banking.

Commercial Credit Analyst

Compile and analyzes credit and financial information of current and potential Commercial Banking business customers. Assist Relationship Managers in preparation of credit proposals to enable informed decisions to be made. Provides support to Relationship Managers in monitoring of existing portfolios. Complete other responsibilities, as assigned. Compile and analyze credit and financial information of current and potential Commercial Banking business customers, using appropriate model; aid in the preparation of complete and accurate credit proposals so informed decisions can be made.

Ensure compliance with all applicable regulations; notify appropriate personnel of unique situations. Complete specialized duties unique to assigned commercial business, such as assisting in portfolio monitoring and review of existing facilities. Ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues. Promote an environment that supports diversity and reflects the HSBC brand. Maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.

Credit Policy and Risk Analyst

Provide analytical and/or MIS (Management Information System) support for various credit policy, risk and/or marketing related functions. Conduct cost and profitability studies of customer groups, merchants and/or loan types for business unit operations. Evaluate and implement internal and external credit scoring using both traditional and advanced forms of predictive technology. Complete analysis and document results of alternative risk management options and credit risk issues. Design and prepare analyses of operating data; formally present findings to management. Prepare exhibits and supporting material and develop recommendations for credit and pricing policies, credit bureau usage, bulk acquisitions, new loan or merchant program structures, profitability/pricing for accounts and portfolios and provides revenue, cost, delinquency and loss forecasts. Complete other responsibilities, as assigned. Provide support for analytical research projects and/or statistical models to include project design, data collection, database design, analysis and presentation of results.

Analyze loan and customer credit risk performance using corporate databases. Utilize external scoring and/or management software packages to aid in managing account acquisition and portfolio management. Design and/or write technical programs for statistical analysis of portfolio and/or credit bureau performance and monitoring. Assist in establishing, monitoring, evaluating, developing and implementing strategies for new account acquisition, credit limit setting and account management. Ensure account acquisition, account management, and data delivery systems are operating efficiently. Code, test, program and implement new policy changes for account acquisition or account management systems. Some business units may require this position to assist in the development and selection of predictive credit risk variables for model development, deployment and/or validation. Ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues. Promote an environment that supports diversity and reflects the HSBC brand. Maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.