When answering this question, focus on your practical experience and the specific skills you have developed in financial statement analysis. Mention the types of financial statements you have worked with (e.g., balance sheets, income statements, cash flow statements) and the key metrics you analyze (e.g., liquidity ratios, profitability ratios, debt ratios). Provide examples of how your analysis has influenced credit decisions or improved financial outcomes. For instance, you might say:
"In my previous role as a financial analyst, I regularly analyzed balance sheets, income statements, and cash flow statements to assess the financial health of potential borrowers. I focused on key metrics such as the current ratio, debt-to-equity ratio, and net profit margin. My analysis helped identify high-risk applicants and contributed to a 15% reduction in loan defaults over two years."
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