At a Glance
- Tasks: Join our Credit Risk team to analyse credit portfolios and assess client creditworthiness.
- Company: Pilgrims Europe is a dynamic company focused on optimising customer propositions and reducing risk.
- Benefits: Gain practical experience in a supportive environment with opportunities for growth.
- Why this job: Develop essential skills in credit analysis while collaborating with various departments.
- Qualifications: Strong analytical skills, proficiency in Excel, and excellent communication abilities required.
- Other info: Ideal for those eager to learn and make an impact in finance.
The predicted salary is between 28800 - 48000 £ per year.
We are seeking a motivated and detail-oriented Credit Analyst to join our dynamic Credit Risk team. At Pilgrims Europe we have a great opportunity for an Analyst to join our growing Credit & Risk Analytics team within our Finance function. As a team, we are responsible for analysing all aspects of our credit portfolio and using data to drive insight on how we can optimise our customer proposition, improve business profit and reduce risk. This position offers an excellent opportunity to gain practical experience and develop fundamental skills in credit analysis within a supportive and collaborative environment.
What will I be doing?
- Complete thorough credit assessments of new and existing clients.
- Analyse financial statements, credit reports, and other relevant data to evaluate creditworthiness.
- Prepare comprehensive credit risk reports summarising findings and recommendations.
- Monitor industry trends and economic developments that may impact credit risk.
- Collaborate with other departments such as Commercial and Accounts Receivable to gather necessary information and ensure accuracy of credit evaluations.
- Participate in credit committee meetings and provide insights based on analysis.
What will I need?
- Strong analytical skills with a keen attention to detail.
- Proficiency in Microsoft Excel and financial analysis tools.
- Excellent verbal and written communication skills.
- Ability to work both independently and as part of a team.
- A proactive attitude with a desire to learn and grow within the field of credit analysis.
- Good interpersonal and communication skills, both written and oral.
- Able to communicate with all levels both inside and outside the business.
Credit and Collections Analyst employer: Pilgrims Europe
Contact Detail:
Pilgrims Europe Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit and Collections Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in credit risk analysis. Understanding current market conditions and economic factors that influence creditworthiness will help you stand out during interviews.
✨Tip Number 2
Brush up on your Excel skills, especially functions related to financial analysis. Being able to demonstrate your proficiency in data manipulation and analysis can give you an edge over other candidates.
✨Tip Number 3
Network with professionals in the finance and credit analysis field. Engaging with industry experts can provide valuable insights and potentially lead to referrals or recommendations for the position.
✨Tip Number 4
Prepare to discuss your analytical approach during interviews. Be ready to share examples of how you've evaluated creditworthiness in the past, as this will showcase your practical experience and problem-solving skills.
We think you need these skills to ace Credit and Collections Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Credit Analyst role. Emphasise your analytical skills, proficiency in Microsoft Excel, and any experience with financial analysis tools.
Craft a Compelling Cover Letter: Write a cover letter that showcases your motivation for the role and your understanding of credit analysis. Mention specific examples of how you've used data to drive insights or improve processes in previous roles.
Highlight Relevant Experience: In your application, focus on any past roles or projects where you conducted credit assessments, analysed financial statements, or collaborated with other departments. This will demonstrate your capability to perform the tasks outlined in the job description.
Showcase Communication Skills: Since excellent verbal and written communication skills are essential for this role, ensure your application is well-written and free of errors. You might also want to mention any experience you have in presenting findings or participating in meetings.
How to prepare for a job interview at Pilgrims Europe
✨Showcase Your Analytical Skills
As a Credit and Collections Analyst, strong analytical skills are crucial. Be prepared to discuss specific examples of how you've used data analysis in previous roles. Highlight any experience with financial statements or credit reports to demonstrate your expertise.
✨Familiarise Yourself with Financial Tools
Proficiency in Microsoft Excel and other financial analysis tools is essential for this role. Brush up on your Excel skills before the interview, and be ready to discuss how you've used these tools to analyse data and make informed decisions.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities. Prepare for scenario-based questions where you might need to evaluate a client's creditworthiness or suggest improvements based on your analysis. Practising these scenarios can help you articulate your thought process clearly.
✨Demonstrate Your Communication Skills
Excellent verbal and written communication skills are vital for collaborating with various departments. Be ready to discuss how you've effectively communicated complex information in the past, and consider preparing a brief summary of a credit risk report you've created to showcase your ability to convey insights.