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, professional development, and a collaborative work environment.
- Why this job: Join a team that influences major financial decisions and supports corporate clients.
- Qualifications: Three years of corporate credit analysis experience and a degree.
- Other info: Opportunity to work under pressure and develop strong analytical skills.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
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
- 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! Reach out to professionals in the banking sector, especially those who work in corporate credit analysis. Use platforms like LinkedIn to connect and engage with them; you never know who might have a lead on a job or can offer valuable advice.
✨Tip Number 2
Prepare for interviews by brushing up on your financial analysis skills. Be ready to discuss how you would approach credit applications and what factors you consider when assessing a client's financial health. Practice common interview questions related to credit analysis to boost your confidence.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a thank-you email to express your appreciation for the opportunity. This not only shows your enthusiasm but also keeps you fresh in their minds as they make their decision.
✨Tip Number 4
Apply directly through our website! We often have exclusive listings that might not be found elsewhere. Plus, it shows your genuine interest in joining our team, which can set you apart from other candidates.
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 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 passionate about this role and how your skills can benefit our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills: Since the role involves in-depth financial analysis, make sure to showcase your analytical skills in your application. Mention specific tools or methodologies you’ve used in the past that relate to credit analysis.
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 don’t miss out on any important updates from us!
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 Wholesale Banking sector. Understand their client base, particularly in London and Turkey. This knowledge will help you tailor your responses and show that you're genuinely interested in the role.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and ability to handle real-world scenarios. Think of examples from your past experience where you've successfully navigated complex credit situations or provided valuable recommendations.
✨Showcase Your Team Spirit
This role requires collaboration with various departments. Be prepared to discuss how you've worked effectively in teams before. Highlight your communication skills and how you build relationships with colleagues and clients alike.