Credit Analyst- Banking

Credit Analyst- Banking

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team to assist in credit applications and maintain customer relationships.
  • Company: An International Bank in London, known for its dynamic work environment.
  • Benefits: Enjoy a permanent position with opportunities for growth and development.
  • Why this job: Be part of a collaborative culture that values your input and fosters professional growth.
  • Qualifications: Previous experience as a Credit Analyst in the UK banking sector is essential.
  • Other info: Opportunity to work closely with management and gain valuable insights into banking operations.

The predicted salary is between 36000 - 60000 £ per year.

On behalf of our client, an International Bank based in London, we are looking for a Credit Analyst to join their team in London on a permanent basis. The role will involve assisting the Credit and Marketing Manager in developing and maintaining account relationships and to administer the delivery of all functions within the Credit and Marketing Department.

  • Prepare credit applications for Credit Committee and Head Office.
  • Answer queries from Credit Committee and Head Office.
  • Liaise with customers and follow up with customers on their requests and information required by the Bank.
  • Liaise with credit administration department and external lawyers to ensure that facility agreements are drafted based on terms and conditions approved by Head Office.
  • Prepare department reports for management and Head Office.
  • Prepare credit reviews of existing customers.
  • Prepare all KYC and CDD forms for loan customers.
  • Update and maintain credit files.
  • Assist in any other duties required by Credit and Marketing Manager and Branch Manager.

Previous experience in the UK as a Credit Analyst:

  • Credit analysis skills gained in banking sector
  • Facility agreements
  • Account relationships
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Contact Detail:

Barbara Houghton Associates Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Credit Analyst- Banking

✨Tip Number 1

Familiarise yourself with the specific credit analysis tools and software commonly used in the banking sector. Being well-versed in these tools can give you an edge during interviews, as it shows your readiness to hit the ground running.

✨Tip Number 2

Network with professionals in the banking industry, especially those who work as Credit Analysts. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could lead to job opportunities.

✨Tip Number 3

Stay updated on the latest trends and regulations in credit analysis and banking. This knowledge will not only help you in interviews but also demonstrate your commitment to the field and your ability to adapt to changes.

✨Tip Number 4

Prepare to discuss your previous experiences in detail, particularly any challenges you've faced in credit analysis and how you overcame them. This will showcase your problem-solving skills and your ability to manage relationships effectively.

We think you need these skills to ace Credit Analyst- Banking

Credit Analysis
Financial Modelling
Risk Assessment
Attention to Detail
Communication Skills
Customer Relationship Management
Report Writing
Knowledge of KYC and CDD Regulations
Understanding of Facility Agreements
Problem-Solving Skills
Data Analysis
Time Management
Team Collaboration
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience as a Credit Analyst, particularly in the banking sector. Emphasise your skills in credit analysis, account relationships, and familiarity with facility agreements.

Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the responsibilities mentioned in the job description. Explain how your previous experience aligns with the role and express your enthusiasm for working with the International Bank.

Showcase Relevant Skills: In your application, clearly outline your skills related to preparing credit applications, liaising with customers, and managing credit files. Use specific examples from your past roles to demonstrate your capabilities.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Credit Analyst role.

How to prepare for a job interview at Barbara Houghton Associates Limited

✨Know Your Credit Analysis Fundamentals

Brush up on your credit analysis skills and be prepared to discuss your previous experience in the banking sector. Understand key concepts like KYC, CDD, and facility agreements, as these will likely come up during the interview.

✨Demonstrate Relationship Management Skills

Since the role involves maintaining account relationships, think of examples from your past where you successfully managed client relationships. Be ready to share how you handled queries and followed up with customers.

✨Prepare for Technical Questions

Expect questions related to preparing credit applications and reports. Familiarise yourself with the processes involved in liaising with credit committees and external lawyers, as this will show your understanding of the role's responsibilities.

✨Show Enthusiasm for the Role

Express your interest in the position and the company. Research the bank and its values, and be prepared to explain why you want to work there and how you can contribute to their success.

Credit Analyst- Banking
Barbara Houghton Associates Limited
Location: London
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