At a Glance
- Tasks: As a Credit Analyst, you'll assess credit risks and provide recommendations to minimize losses.
- Company: Join an International Bank dedicated to financial excellence and risk management.
- Benefits: Enjoy competitive pay, professional growth opportunities, and a collaborative work environment.
- Why this job: Make a real impact by safeguarding the bank's assets while developing your analytical skills.
- Qualifications: 8-10 years in credit review, especially in Commodity Finance, with strong analytical skills required.
- Other info: This role offers a chance to work independently while collaborating with a dynamic team.
The predicted salary is between 36000 - 60000 £ per year.
Our client are an International Bank that are currently searching for a Credit Analyst with a passion for minimizing credit-related losses and evaluating financial risks. As a Credit Analyst, you will play a crucial role in assessing and mitigating credit risks while providing clear recommendations to the banks Credit Committee.
Principal Purpose of the Job:
- Minimize the Bank’s credit-related losses by accurately identifying and measuring credit risks and mitigants in various proposals and reviews.
- Provide clear and unambiguous recommendations to the Credit Committee regarding the acceptability of business deals, maintaining an independent and objective perspective.
- Monitor, identify, and measure credit risk within the Bank’s asset portfolio effectively.
Key Responsibilities:
- Conduct credit evaluations and prepare reports that include transaction overviews, risk analysis, and credit recommendations.
- Focus on commodity finance business while potentially covering other sectors based on front office proposals.
- Provide challenges and guidance to front office proposals, drafting and presenting credit opinions to the Credit Committee.
- Monitor credit ceilings, exposures, financial performance, and loan covenants, ensuring compliance and performance.
- Perform credit reviews and research industry/customer-related information for new and existing customers.
- Proactively monitor industry and sector trends, identifying early warning signals for counterparty risks.
- Support Head/Deputy Head of Credit Risk with professional risk analysis and mitigation measures.
Skills Required:
- Minimum of 8-10 years of experience in credit review, particularly in Commodity Finance.
- In-depth knowledge of risks and mitigations across various industries, countries, and client types.
- Excellent financial analysis, projection, and stress test skills.
- Exceptional analytical and negotiation skills with a positive, can-do attitude.
- Collaborative personality with the ability to work independently.
Credit Analyst employer: KennedyPearce Consulting
Contact Detail:
KennedyPearce Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Analyst
✨Tip Number 1
Familiarize yourself with the latest trends in commodity finance and credit risk management. This knowledge will not only help you during interviews but also demonstrate your passion for the field.
✨Tip Number 2
Network with professionals in the banking and finance industry, especially those who work in credit analysis. Engaging with them can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples from your past experience where you successfully identified and mitigated credit risks. Real-life scenarios will showcase your expertise and problem-solving skills.
✨Tip Number 4
Stay updated on regulatory changes and economic factors that impact credit risk. Being knowledgeable about these aspects will position you as a well-informed candidate who can contribute to the bank's objectives.
We think you need these skills to ace Credit Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Credit Analyst. Familiarize yourself with credit evaluations, risk analysis, and the specific requirements mentioned in the job description.
Tailor Your CV: Customize your CV to highlight relevant experience in credit review and commodity finance. Emphasize your analytical skills, financial analysis capabilities, and any previous roles that involved risk assessment.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your passion for minimizing credit-related losses. Mention specific examples from your past experience where you successfully identified and mitigated credit risks.
Highlight Relevant Skills: In your application, clearly outline your skills related to financial analysis, negotiation, and collaboration. Provide examples of how you've worked independently and as part of a team to achieve results in credit risk management.
How to prepare for a job interview at KennedyPearce Consulting
✨Showcase Your Analytical Skills
As a Credit Analyst, your ability to analyze financial data is crucial. Be prepared to discuss specific examples of how you've successfully evaluated credit risks in the past, particularly in commodity finance. Highlight your analytical process and the tools you used.
✨Understand the Bank's Risk Appetite
Familiarize yourself with the bank's approach to risk management. During the interview, demonstrate your understanding of their credit policies and how you can align your recommendations with their risk appetite. This shows that you are proactive and well-prepared.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions where you may need to assess hypothetical credit proposals. Practice articulating your thought process clearly and logically, focusing on how you would identify risks and propose mitigations.
✨Emphasize Collaboration and Independence
The role requires both independent analysis and collaboration with the front office. Share examples of how you've successfully worked independently while also providing constructive feedback to teams. This will illustrate your balanced approach to teamwork and individual responsibility.