At a Glance
- Tasks: Analyse corporate credit and provide insights to support banking teams in London.
- Company: Dynamic international bank with a focus on corporate banking.
- Benefits: Competitive salary, career development opportunities, and a collaborative work environment.
- Other info: Fast-paced environment with opportunities for growth and teamwork.
- Why this job: Join a leading bank and make an impact through financial analysis and client support.
- Qualifications: Three years of corporate credit analysis experience and a degree.
The predicted salary is between 36000 - 60000 £ per year.
City based International Bank, are looking to recruit a Credit Analyst, to join their Corporate Banking department.
The Credit analyst responsibility is to support the Wholesale Banking business teams in London, through timely provision of in-depth credit and advice/recommendations regarding prospective/existing clients and associated banking facilities/limits.
Main responsibilities will include;
- To take primary responsibility for the timely preparation and submission of Credit Applications (CAFs), for new business proposals and annual/interim reviews for London and Turkish Corporates, assisting and advising as required other Department members in London and Istanbul involved in such CAF preparations
- To undertake in-depth financial analysis of, inter alia, balance sheet, income statements and cash flow statements in support of CAF presentations in line with best practices, fully liaising where necessary with Relationship Managers, Product Managers etc. to ensure adequate information flows
- To access as required, external information sources and appropriate research databases in support of CAF presentations
- In conjunction with Relationship Managers, to undertake site visits for information gathering and monitoring
- To lead by example, strict compliance with the Bank’s internal risk management policies and procedures and general standards of operation
- To ensure compliance with all relevant external legal, regulatory and reporting requirements
- To monitor current developments which may affect the Bank’s customers and recommend appropriate action if necessary
- To comply with the Bank’s internal risk management policies, (including Group Credit Policy), and procedures and general standards of operations
- To comply with all relevant external legal, regulatory and reporting requirements
- To liaise with Risk Management and other Bank departments as and when necessary
- To support the Head of Client Credit Management in ad-hoc risk-related special tasks and projects
To be considered for this position, ideal candidates must have the following experience and skills;
- Minimum three years corporate credit analysis
- Detailed knowledge and understanding of audited financials
- Background in economics/analysis/accounts an advantage
- Educated to degree level
- Knowledge of trade finance products an advantage
- Strong skills in written and verbal influencing
- Strong participant in discussions and meetings
- A team player, possessing ability to build relationships
- Self-starter who can work under pressure with a high degree of accuracy
- Ability to read and assess legislative and regulatory notices and interpret them for implementation and application into day-to-day working procedures
Corporate Credit Analyst employer: IPOE Consulting
Contact Detail:
IPOE Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Corporate Credit Analyst
✨Tip Number 1
Networking is key! Get out there and connect with professionals in the banking sector. Attend industry events, join relevant LinkedIn groups, and don’t be shy to reach out for informational interviews. We can help you find connections through our platform!
✨Tip Number 2
Prepare for interviews like a pro! Research the bank’s recent projects and understand their corporate credit policies. We recommend practising common interview questions and even role-playing with a friend to boost your confidence.
✨Tip Number 3
Showcase your analytical skills! Be ready to discuss specific examples of your financial analysis work. Use our resources to brush up on your knowledge of balance sheets and cash flow statements so you can impress during those technical discussions.
✨Tip Number 4
Don’t forget to follow up! After an interview, send a thank-you email to express your appreciation and reiterate your interest in the position. It’s a small gesture that can make a big difference, and we can help you craft the perfect message!
We think you need these skills to ace Corporate Credit Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Corporate Credit Analyst role. Highlight your experience in corporate credit analysis and any relevant financial skills. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention specific experiences that relate to the responsibilities outlined in the job description, and don’t forget to show your enthusiasm for the role.
Showcase Your Analytical Skills: Since this role involves in-depth financial analysis, make sure to highlight your analytical skills in your application. Provide examples of how you've successfully analysed financial statements or contributed to credit applications in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at IPOE Consulting
✨Know Your Numbers
As a Corporate Credit Analyst, you'll be diving deep into financial statements. Brush up on your balance sheets, income statements, and cash flow analysis. Be ready to discuss how you interpret these figures and how they influence credit decisions.
✨Research the Bank
Familiarise yourself with the bank's operations, especially in the Corporate Banking department. Understand their approach to risk management and compliance. This will show that you're genuinely interested and can align with their values and practices.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills. Prepare examples of past experiences where you've had to analyse financial data or make recommendations based on your findings. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Show Your Team Spirit
This role requires collaboration with various departments. Be ready to discuss how you've successfully worked in teams before. Highlight your ability to build relationships and communicate effectively, as this is crucial for liaising with Relationship Managers and other stakeholders.