At a Glance
- Tasks: Analyse credit risks and support lending decisions for global banks.
- Company: Join a dynamic financial institution with a collaborative culture.
- Benefits: Generous pension, performance bonuses, share schemes, and 30 days' holiday.
- Other info: Hybrid work model with opportunities for professional growth.
- Why this job: Make impactful decisions in a fast-paced environment while building valuable relationships.
- Qualifications: Understanding of credit risk and strong communication skills required.
The predicted salary is between 63000 - 77000 £ per year.
JOB TITLE: Credit Officer - Banks & Intragroup Sector LOCATION: London, Birmingham, Edinburgh HOURS: Full-time WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.
An exciting opportunity has arisen for a Credit Officer to join the Banks team, which forms part of the broader Financial Institutions ("FI") Credit Risk team.
In FI Credit we are passionate about risk management and dedicated to supporting our business partners in building sustainable and long-lasting client relationships.
We collaborate closely with Coverage and Product teams and view ourselves as business enablers.
We are curious and friendly.
We challenge existing ways of working and seek ways to simplify and automate, so we can focus on what matters.
As a Credit Officer in the FI Credit - Banks team, you will have a primary focus in the Banks sector (including our own intragroup subsidiaries).
Initially your responsibilities will include credit analysis and recommendations on lending/trading limits and new transaction requests.
Over time, we aim to empower you with delegated credit authority, enabling you to make important decisions on the Banks portfolio.
You will also have the opportunity to collaborate on other FI portfolios, such as Insurance, Securitisations, Financial Sponsors and Funds.
Here's where you'll make a difference: Covering a portfolio of Global Banks and using your insight to incorporate a forward view of horizon risks in your credit papers and discussions with partners.
Supporting new business origination within the FI growth strategy by assessing and shaping live transactions.
Proactively contributing to sector strategy and appetite setting, and changes to credit policies and processes.
Building positive relationships to become a trusted business partner for our Coverage and Product colleagues, and helping drive collegiate working across FI Credit.
Taking ownership of data integrity and championing simplification initiatives.
What you\'ll need A sound understanding of the credit risk assessment of Banks.
Robust understanding of FI sectors and products, ideally with experience of credit in Banks Excellent knowledge of lending and traded products and documentation.
Formal Credit training preferred.
Self-motivated and a strong willingness to learn - able to quickly up-skill in relation to new products, sectors and changes in the external environment.
Strong written and oral communications skills - able to present complexity in an understandable way.
Comfortable with numerical analysis.
Exceptional organisation skills with the ability to juggle multiple requests, prioritise workloads, meet deadlines, as well as having the confidence to flag when you might need help.
Ability to work as a team player in a dynamic and fast-paced work environment, including ability to coordinate multiple work streams and deliver against tight timelines.
Ability to seek out, build and maintain trusting relationships and partnerships with stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.
We also offer a wide-ranging benefits package, which includes: A generous pension contribution of up to 15% An annual performance-related bonus Share schemes including free shares!
Benefits you can adapt to your lifestyle, such as discounted shopping 30 days' holiday, with
Credit Officer - Financial Institutions (Banks & Intragroup Sector) in London employer: LLOYDS BANKING GROUP
Lloyds Banking Group is an exceptional employer that prioritises employee well-being and professional growth, offering a dynamic work culture that fosters collaboration and innovation. With the flexibility of remote working and opportunities for career advancement within the Economic Crime Prevention function, employees can thrive in a supportive environment while contributing to meaningful compliance efforts. The company's commitment to diversity and inclusion further enhances its appeal, making it a rewarding place to build a career.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Officer - Financial Institutions (Banks & Intragroup Sector) in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like LLOYDS BANKING GROUP. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Credit Officer - Financial Institutions (Banks & Intragroup Sector) in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to LLOYDS BANKING GROUP.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on LLOYDS BANKING GROUP's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at LLOYDS BANKING GROUP
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with LLOYDS BANKING GROUP.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at LLOYDS BANKING GROUP will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former LLOYDS BANKING GROUP employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
